Argan (AGX) FCF Margin (2011 - 2026)

Argan's (AGX) quarterly FCF Margin came in at 65.3% in Q1 2026, up 4669.0% year-on-year from 1.37% in Q1 2025, and down 4.6% quarter-over-quarter from 68.45% in Q4 2025.

Argan (AGX) FCF Margin (2011 - 2026) Analysis & Trends

Argan has disclosed FCF Margin across 16 years of filings, most recently posting 65.3% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 65.3%, up 4669.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 43.49% (up 2508.0% YoY), and the FY2026 annual result was 43.49%, up 2508.0% from the prior year.
  • FCF Margin came in at 65.3% for Q1 2026 at Argan, down from 68.45% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 68.45% in Q4 2025 to a low of 39.86% in Q2 2022.
  • The 5-year median for FCF Margin is 14.57% (2024), against an average of 15.58%.
  • Across the five-year window, FCF Margin tumbled 5292 bps in 2022 and surged 5707 bps in 2025, its largest moves.
  • Argan's FCF Margin stood at 15.4% in 2022, then jumped by 324 bps to 34.56% in 2023, then slumped by 67 bps to 11.37% in 2024, then jumped by 502 bps to 68.45% in 2025, then dropped by 5 bps to 65.3% in 2026.
  • The last three FCF Margin figures came in at 65.3% (Q1 2026), 68.45% (Q4 2025), and 13.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 2.18%
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 8.42%
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -0.61%
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 2.06%
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 17.68%
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 3.38%
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -13.66%
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 7.33%
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Argan 8.42 Bn 7.93 Bn 65.60 Mn 65.30%

Historic Data

Download Data
DateValue
Jan 31, 2026 65.30%
Oct 31, 2025 68.45%
Jul 31, 2025 13.84%
Apr 30, 2025 18.02%
Jan 31, 2025 18.61%
Oct 31, 2024 11.37%
Jul 31, 2024 31.34%
Apr 30, 2024 11.01%
Jan 31, 2024 14.57%
Oct 31, 2023 34.56%
Jul 31, 2023 25.06%
Apr 30, 2023 -1.83%
Jan 31, 2023 35.48%
Oct 31, 2022 -15.40%
Jul 31, 2022 -14.77%
Apr 30, 2022 -39.86%
Jan 31, 2022 -10.82%
Oct 31, 2021 -4.50%
Jul 31, 2021 22.31%
Apr 30, 2021 13.06%