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
DateValue
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%