Argan (AGX) Return on Capital Employed (2011 - 2026)

Argan's (AGX) quarterly Return on Capital Employed came in at 24.22% in Q1 2026, up 1827.0% year-on-year from 1.26% in Q1 2025, and up 53.18% quarter-over-quarter from 15.81% in Q4 2025.

Argan (AGX) Return on Capital Employed (2011 - 2026) Analysis & Trends

Argan has disclosed Return on Capital Employed across 16 years of filings, most recently posting 24.22% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 24.22%, up 1827.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 24.22% (up 1827.0% YoY), and the FY2026 annual result was 11.23%, up 140.0% from the prior year.
  • Return on Capital Employed came in at 24.22% for Q1 2026 at Argan, up from 15.81% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 24.22% in Q1 2026 to a low of 5.95% in Q1 2025.
  • The 5-year median for Return on Capital Employed is 12.47% (2024), against an average of 14.3%.
  • Across the five-year window, Return on Capital Employed sank 1179 bps in 2023 and jumped 1827 bps in 2026, its largest moves.
  • Argan's Return on Capital Employed stood at 21.09% in 2022, then plunged by 56 bps to 9.3% in 2023, then soared by 90 bps to 17.64% in 2024, then decreased by 10 bps to 15.81% in 2025, then jumped by 53 bps to 24.22% in 2026.
  • The last three Return on Capital Employed figures came in at 24.22% (Q1 2026), 15.81% (Q4 2025), and 14.88% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 10.73%
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 15.88%
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 2.32%
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 12.69%
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 30.01%
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 8.37%
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 7.34%
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 42.91%
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Argan 8.42 Bn 7.93 Bn 65.60 Mn 24.22%

Historic Data

Download Data
DateValue
Jan 31, 2026 24.22%
Oct 31, 2025 15.81%
Jul 31, 2025 14.88%
Apr 30, 2025 10.52%
Jan 31, 2025 5.95%
Oct 31, 2024 17.64%
Jul 31, 2024 12.47%
Apr 30, 2024 9.53%
Jan 31, 2024 9.08%
Oct 31, 2023 9.30%
Jul 31, 2023 9.43%
Apr 30, 2023 8.99%
Jan 31, 2023 11.11%
Oct 31, 2022 21.09%
Jul 31, 2022 20.44%
Apr 30, 2022 20.33%
Jan 31, 2022 22.28%
Oct 31, 2021 14.01%
Jul 31, 2021 14.87%
Apr 30, 2021 11.60%