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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 81.24 Bn | 77.62 Bn | 2.01 Bn | 40.38 |
| 2 | Ferrovial | 42.25 Bn | 20.50 Bn | - | - |
| 3 | Emcor | 26.97 Bn | 23.24 Bn | 1.11 Bn | 22.64 |
| 4 | Jacobs Solutions | 17.52 Bn | 12.19 Bn | 810.70 Mn | 3.23 |
| 5 | Mastec | 13.80 Bn | 12.33 Bn | 660.86 Mn | - |
| 6 | Aecom | 8.57 Bn | 3.69 Bn | -34.04 Mn | - |
| 7 | Stantec | 8.47 Bn | 7.40 Bn | 1.36 Bn | - |
| 8 | Sterling Infrastructure | 7.75 Bn | 6.16 Bn | 377.28 Mn | - |
| 9 | Fluor | 6.43 Bn | -6.77 Bn | 179.00 Mn | - |
| 10 | Argan | 3.90 Bn | 1.91 Bn | 74.22 Mn | 7.60 |
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 |
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_KEY
import 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();