Argan (AGX) Gross Margin (2010 - 2026)
Argan's Gross Margin came in at 19.33% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.71 percentage points from 18.62% a year earlier but down 1.68 percentage points from the prior quarter.
Argan (AGX) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Argan reported Gross Margin of 20.86%, up 2.07 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 20.50%, up 4.38 percentage points from FY2025.
- Gross Margin carries a five-year change of +4.68 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 16.13% in FY2025 (+2.03 pp), 14.10% in FY2024 (-4.88 pp), 18.98% in FY2023 (-0.60 pp) and 19.58% in FY2022 (+3.75 pp).
- The five-year range for quarterly Gross Margin is 11.38% (fiscal Q1 2025) to 25.03% (fiscal Q4 2026).
- Year-over-year, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +4.11 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q1 2026 (a gain of 7.66 percentage points), and the weakest in fiscal Q3 2024 (a drop of 7.09 percentage points).
- Business Quant data shows AGX's Gross Margin at 21.00% (Q1 2027), 25.03% (Q4 2026) and 18.69% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.72 Bn | 100.91 Bn | 1.55 Bn | 16.17% |
| 2 | Ferrovial | 37.36 Bn | 17.95 Bn | - | - |
| 3 | Emcor | 34.45 Bn | 30.84 Bn | 1.02 Bn | 19.83% |
| 4 | Mastec | 17.62 Bn | 16.52 Bn | 556.28 Mn | 12.72% |
| 5 | Jacobs Solutions | 16.24 Bn | 10.89 Bn | 810.70 Mn | 19.89% |
| 6 | Sterling Infrastructure | 16.06 Bn | 14.42 Bn | 289.96 Mn | 24.82% |
| 7 | IES Holdings | 13.53 Bn | 12.40 Bn | 340.66 Mn | 27.41% |
| 8 | Dycom Industries | 8.22 Bn | 7.36 Bn | - | - |
| 9 | Aecom | 7.69 Bn | 3.02 Bn | -34.04 Mn | -0.95% |
| 10 | Argan | 5.45 Bn | 3.45 Bn | 74.22 Mn | 19.33% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 19.33% |
| Apr 30, 2026 | 21.00% |
| Jan 31, 2026 | 25.03% |
| Oct 31, 2025 | 18.69% |
| Jul 31, 2025 | 18.62% |
| Apr 30, 2025 | 19.03% |
| Jan 31, 2025 | 20.48% |
| Oct 31, 2024 | 17.25% |
| Jul 31, 2024 | 13.70% |
| Apr 30, 2024 | 11.38% |
| Jan 31, 2024 | 14.36% |
| Oct 31, 2023 | 11.75% |
| Jul 31, 2023 | 16.80% |
| Apr 30, 2023 | 13.72% |
| Jan 31, 2023 | 16.86% |
| Oct 31, 2022 | 18.84% |
| Jul 31, 2022 | 20.65% |
| Apr 30, 2022 | 19.68% |
| Jan 31, 2022 | 17.70% |
| Oct 31, 2021 | 21.00% |
Argan Gross Margin 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=gross-margin&ticker=AGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=AGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();