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| Date | Value |
|---|---|
| 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% |