Argan (AGX) Return on Capital Employed (2011 - 2026)
Argan (AGX) posted Return on Capital Employed of 33.07% for Q1 2026, down 4.16% sequentially from 34.5% in Q4 2025, and up 574.0% YoY from 4.91% in Q1 2025.
Argan (AGX) Return on Capital Employed (2011 - 2026) Analysis & Trends
Argan has reported Return on Capital Employed for 16 years, with the latest figure at 33.07% in Q1 2026.
- Quarterly Return on Capital Employed rose 574.0% year-over-year to 33.07% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 33.07% (up 574.0% YoY) and the FY2026 annual result came in at 44.9%, up 774.0% from the prior year.
- Return on Capital Employed fell to 33.07% in Q1 2026 per AGX's latest filing, from 34.5% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 34.5% in Q4 2025 and troughed at 10.95% in Q4 2022.
- A 5-year average of 19.0% and a median of 13.87% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed sank 510 bps in 2022, then surged 1605 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 10.95% in 2022, then gained by 20 bps to 13.15% in 2023, then jumped by 64 bps to 21.59% in 2024, then jumped by 60 bps to 34.5% in 2025, then fell by 4 bps to 33.07% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 33.07%, 34.5%, and 33.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 12.55% |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 25.26% |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 29.45% |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 14.60% |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 30.01% |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 8.75% |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 7.34% |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 42.91% |
| 10 | Argan | 8.11 Bn | 7.61 Bn | 65.60 Mn | 33.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 33.07% |
| Oct 31, 2025 | 34.50% |
| Jul 31, 2025 | 33.25% |
| Apr 30, 2025 | 27.10% |
| Jan 31, 2025 | 27.33% |
| Oct 31, 2024 | 21.59% |
| Jul 31, 2024 | 17.20% |
| Apr 30, 2024 | 13.87% |
| Jan 31, 2024 | 13.08% |
| Oct 31, 2023 | 13.15% |
| Jul 31, 2023 | 13.08% |
| Apr 30, 2023 | 12.45% |
| Jan 31, 2023 | 16.82% |
| Oct 31, 2022 | 10.95% |
| Jul 31, 2022 | 11.37% |
| Apr 30, 2022 | 11.83% |
| Jan 31, 2022 | 12.35% |
| Oct 31, 2021 | 15.41% |
| Jul 31, 2021 | 16.47% |
| Apr 30, 2021 | 13.20% |