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Argan AGX US — PP&E (Net)

Discontinued — last reported Q4 '26

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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:PropertyPlantAndEquipmentNet.

The official record: Argan’s 10-K, filed March 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Argan's US — PP&E (net)?
Argan (AGX) reported US — PP&E (net) of $14.55M in Q4 2025.
How has Argan's US — PP&E (net) changed year-over-year?
Argan's US — PP&E (net) increased by 16.3% year-over-year, from $12.52M to $14.55M.
What does US — PP&E (net) mean?
The current net value of the physical assets, such as machinery and equipment, used by the company to conduct business in the United States.
How do you interpret US — PP&E (net)?
An increase suggests capital investment in new equipment or facilities to support future growth, whereas a decrease may indicate asset depreciation outpacing new investment or the divestiture of operational capacity.
How does US — PP&E (net) compare across companies?
This is a standard balance sheet item across all capital-intensive industries, comparable to 'Net PP&E' reported by other construction and industrial services firms.