Argan (AGX) Equity Ratio (2011 - 2026)

Argan's (AGX) quarterly Equity Ratio came in at 0.39 in Q1 2026, down 7.4% year-on-year from 0.42 in Q1 2025, and down 2.44% quarter-over-quarter from 0.4 in Q4 2025.

Argan (AGX) Equity Ratio (2011 - 2026) Analysis & Trends

Argan has disclosed Equity Ratio across 16 years of filings, most recently posting 0.39 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.39, down 7.4% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.39 (down 7.4% YoY), and the FY2026 annual result was 0.39, down 7.4% from the prior year.
  • Equity Ratio came in at 0.39 for Q1 2026 at Argan, down from 0.4 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.66 in Q4 2022 to a low of 0.39 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.49 (2024), against an average of 0.51.
  • Across the five-year window, Equity Ratio climbed 25.37% in 2022 and dropped 24.77% in 2024, its largest moves.
  • Argan's Equity Ratio stood at 0.66 in 2022, then fell by 23.59% to 0.51 in 2023, then retreated by 15.4% to 0.43 in 2024, then declined by 6.58% to 0.4 in 2025, then declined by 2.44% to 0.39 in 2026.
  • The last three Equity Ratio figures came in at 0.39 (Q1 2026), 0.4 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 0.35
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 0.41
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 0.41
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 0.32
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 0.43
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 0.39
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 0.28
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 0.54
9 Dycom Industries 13.61 Bn 12.90 Bn - 0.31
10 Argan 8.42 Bn 7.93 Bn 65.60 Mn 0.39

Historic Data

Download Data
DateValue
Jan 31, 2026 0.39
Oct 31, 2025 0.40
Jul 31, 2025 0.45
Apr 30, 2025 0.46
Jan 31, 2025 0.42
Oct 31, 2024 0.43
Jul 31, 2024 0.42
Apr 30, 2024 0.47
Jan 31, 2024 0.49
Oct 31, 2023 0.51
Jul 31, 2023 0.56
Apr 30, 2023 0.58
Jan 31, 2023 0.57
Oct 31, 2022 0.66
Jul 31, 2022 0.65
Apr 30, 2022 0.61
Jan 31, 2022 0.59
Oct 31, 2021 0.57
Jul 31, 2021 0.52
Apr 30, 2021 0.54