# ARGAN INC (AGX) · Edgar & Edgarette company card

> Argan (AGX) grew revenue 8.1% in FY2026 to $945 million, operating margin 14.3% against a 0.7% median for construction - special trade contractors, equity 39.0% of assets, and dividend per share up 3 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 100591 · fiscal year ended 2026-01-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/AGX) · [JSON](https://www.pops4.com/boards/company/AGX.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $945M |
| Revenue growth, 1 year | 8.1% |
| Revenue growth per year | 16.7% |
| Operating margin | 14.3% (prior year 10.1%) |
| Net margin | 14.6% |
| Operating cash flow | $415M |
| Capital spending | $4M |
| Free cash flow | $411M |
| Cash | $339M |
| Long-term debt | — |
| Total assets | $1.2B |
| Total equity | $462M |
| Equity ÷ assets | 39.0% |
| Return on equity | 29.8% |
| Dividend per share | $1.75 |
| Dividend years rising | 3 |

## Readings, computed from those figures

- Altman Z: 4.88 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -4.03 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±27%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $944.6M (FY2026). Experience: revenue up 8.1% on the year, up 16.7% a year over 4 years; operating margin 14.3%, up from 10.1%. Soundness: equity 39.0% of assets, return on equity 29.8%, payout 17.6% of profit, dividend per share up 3 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $831.7M and $1.4B next year (method v4.1: its own 5-year record of growth weighed at 57% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $724.2M to $1.7B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, construction - special trade contractors): operating margin 14.3% against a 0.7% median; growth 8.1% against 14.4%.

Range logged 2026-09-26, receipt b2b65295abb0e32b, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 8-K · filed 2026-09-09 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/100591/000110465926106321/0001104659-26-106321-index.htm)
- 10-Q · filed 2026-09-02 · [filing](https://www.sec.gov/Archives/edgar/data/100591/000110465926104745/0001104659-26-104745-index.htm)
- 8-K · filed 2026-09-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/100591/000110465926104735/0001104659-26-104735-index.htm)
- 8-K · filed 2026-08-04 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/100591/000110465926090398/0001104659-26-090398-index.htm)
- 8-K · filed 2026-06-10 · 5.07 Submission of Matters to a Vote of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/100591/000110465926072358/0001104659-26-072358-index.htm)
- 10-Q · filed 2026-06-04 · [filing](https://www.sec.gov/Archives/edgar/data/100591/000110465926070536/0001104659-26-070536-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000100591.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=100591

## Cite

POPS4, Edgar & Edgarette: ARGAN INC (AGX) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/AGX. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.