Argan (AGX) Dividend Coverage Ratio (2018 - 2026)
Argan's Dividend Coverage Ratio was 7.60 in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 11.5% from 6.81 a year earlier and up 15.5% from the prior quarter.
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Analysis
Argan (AGX) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Argan's Dividend Coverage Ratio was 6.39 through Jul 31, 2026, up 11.5% year-over-year; for FY2026 (ended Jan 31, 2026), it was 5.68, up 21.3% from FY2025.
- In earlier fiscal years, Dividend Coverage Ratio was 4.68 in FY2025 (+112.3%), 2.20 in FY2024 (-7.1%), 2.37 in FY2023 (-2.9%) and 2.44 in FY2022 (+381.6%).
- The fiscal Q2 2027 figure marks the highest quarterly Dividend Coverage Ratio since fiscal Q3 2019.
- Compared with a year earlier, Dividend Coverage Ratio has increased for three straight quarters, with growth averaging 79.1% over the last eight quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was fiscal Q4 2023 (growth of 600.5%); the worst was fiscal Q1 2024 (a decline of 68.8%).
- Per Business Quant data, AGX's Dividend Coverage Ratio in the three fiscal quarters before Q2 2027 was 6.58 (Q1 2027), 7.06 (Q4 2026) and 4.36 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.72 Bn | 100.91 Bn | 1.55 Bn | 27.30 |
| 2 | Ferrovial | 37.36 Bn | 17.95 Bn | - | - |
| 3 | Emcor | 34.45 Bn | 30.84 Bn | 1.02 Bn | 22.71 |
| 4 | Mastec | 17.62 Bn | 16.52 Bn | 556.28 Mn | - |
| 5 | Jacobs Solutions | 16.24 Bn | 10.89 Bn | 810.70 Mn | 3.23 |
| 6 | Sterling Infrastructure | 16.06 Bn | 14.42 Bn | 289.96 Mn | - |
| 7 | IES Holdings | 13.53 Bn | 12.40 Bn | 340.66 Mn | - |
| 8 | Dycom Industries | 8.22 Bn | 7.36 Bn | - | - |
| 9 | Aecom | 7.69 Bn | 3.02 Bn | -34.04 Mn | - |
| 10 | Argan | 5.45 Bn | 3.45 Bn | 74.22 Mn | 7.60 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.60 |
| Apr 30, 2026 | 6.58 |
| Jan 31, 2026 | 7.06 |
| Oct 31, 2025 | 4.36 |
| Jul 31, 2025 | 6.81 |
| Apr 30, 2025 | 4.45 |
| Jan 31, 2025 | 6.27 |
| Oct 31, 2024 | 5.39 |
| Jul 31, 2024 | 4.50 |
| Apr 30, 2024 | 1.96 |
| Jan 31, 2024 | 3.01 |
| Oct 31, 2023 | 1.37 |
| Jul 31, 2023 | 3.82 |
| Apr 30, 2023 | 0.63 |
| Jan 31, 2023 | 4.05 |
| Oct 31, 2022 | 2.28 |
| Jul 31, 2022 | 1.21 |
| Apr 30, 2022 | 2.02 |
| Jan 31, 2022 | 0.58 |
| Oct 31, 2021 | 3.14 |
API Access
Argan Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "AGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();