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Argan AGX Free cash flow margin

Free cash flow margin at other companies

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1.7%-5.7pp
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5.6%-0.2pp
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EMCOR GroupEME
6.1%-2.6pp
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Generac HoldingsGNRC
7.6%-4.9pp
VMI
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8.3%-4.5pp
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CaterpillarCAT
13.4%-0.9pp

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

Returns & leverage

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

Where this comes from

Calculated from Argan’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Argan (AGX) reported free cash flow margin of 46.7% in Q1 2026.
How has Argan's free cash flow margin changed year-over-year?
Argan's free cash flow margin increased by 138.2% year-over-year, from 19.6% to 46.7%.
What is the long-term trend for Argan's free cash flow margin?
Over 3 years (2021 to 2026), Argan's free cash flow margin has grown at a -0.7% compound annual growth rate (CAGR), from 44.4% to 43.5%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.