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Argan AGX Power Industry Services — Depreciation

Other segment segments

Telecommunications Infrastructure Services
$76K-17.4%
Industrial Construction Services
$75K-23.5%

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Other financials

Income statement

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Revenue$291.0M+50.2%
Gross profit$61.1M+65.8%
Operating income$45.4M+86.5%
Net income$46.1M+104%
EPS (diluted)$3.24+102%

Balance sheet

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Cash & equivalents$355.8M+88.0%
Total debt$6.4M+20.6%
Total equity$473.5M+30.1%
Total assets$1.3B+62.4%

Cash flow

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Operating cash flow$113.4M+221%
CapEx$2.4M+516%
Free cash flow$111.0M+218%

Valuation

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Market cap$10.36B+361%
P/E64.2×+41.8×
P/S9.9×+7.5×

Profitability

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Gross margin20.9%+3.3pp
Operating margin14.9%+3.3pp
Net margin15.5%+4.5pp
FCF margin46.7%+27.1pp

Returns & leverage

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Return on equity38.5%+8.0pp
Debt / equity0.0×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Argan in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Argan’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Argan's power industry services — depreciation?
Argan (AGX) reported power industry services — depreciation of $328K in Q1 2026.
How has Argan's power industry services — depreciation changed year-over-year?
Argan's power industry services — depreciation increased by 105.0% year-over-year, from $160K to $328K.
What is the long-term trend for Argan's power industry services — depreciation?
Over 4 years (2022 to 2026), Argan's power industry services — depreciation has grown at a 11.4% compound annual growth rate (CAGR), from $605K to $933K.
What does power industry services — depreciation mean?
The annual non-cash expense for the wear and tear of equipment and property.
How do you interpret power industry services — depreciation?
Changes reflect shifts in the capital intensity of the segment's operations or the age of its asset base.
How does power industry services — depreciation compare across companies?
Standard accounting metric; highly dependent on the company's capital expenditure strategy and asset ownership model.