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Argan AGX Share Buybacks

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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:PaymentsForRepurchaseOfCommonStock.

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 share buybacks?
Argan (AGX) reported share buybacks of $2.96M in Q1 2026.
How has Argan's share buybacks changed year-over-year?
Argan's share buybacks decreased by 56.9% year-over-year, from $6.85M to $2.96M.
What is the long-term trend for Argan's share buybacks?
Over 4 years (2022 to 2026), Argan's share buybacks has grown at a -16.6% compound annual growth rate (CAGR), from $20.37M to $9.88M.
What does share buybacks mean?
Cash spent by the company to buy back its own shares.
How do you interpret share buybacks?
An increase suggests management confidence in the stock or a strategy to improve earnings per share, while a decrease may indicate capital preservation or alternative investment priorities.
How does share buybacks compare across companies?
Common among mature construction and engineering firms with strong free cash flow.