Argan, Inc. (AGX)

Argan Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	920.89	874.18	573.33	455.04	509.37	392.21
Revenue Growth (YoY)	29.15%	52.47%	26.00%	-10.67%	29.87%	64.11%
Cost of Revenue	749.32	734.69	494.1	371.08	411.74	332.04
Gross Profit	171.57	139.49	79.23	83.96	97.63	60.17
Selling, General & Admin	52.27	49.39	40.78	39.29	41.82	33.44
Operating Expenses	54.17	51.29	42.78	42.29	45.22	37.14
Operating Income	117.4	88.2	36.46	41.67	52.41	23.03
Interest & Investment Income	22.1	21.2	14.1	3.4	3	-
Earnings From Equity Investments	-0.15	-0.15	-0.13	1.11	-0.4	-
Other Non Operating Income (Expenses)	1.69	1.96	1.51	-0.18	-0.05	1.86
EBT Excluding Unusual Items	141.03	111.2	51.93	46	54.96	24.89
Impairment of Goodwill	-	-	-	-	-7.9	-
Other Unusual Items	-	-	-3	-	-	-
Pretax Income	141.03	111.2	48.93	46	47.06	24.89
Income Tax Expense	23.83	25.75	16.58	11.3	11.36	1.07
Earnings From Continuing Operations	117.2	85.46	32.36	34.7	35.71	23.81
Minority Interest in Earnings	-	-	-	-1.61	2.54	0.04
Net Income	117.2	85.46	32.36	33.1	38.24	23.85
Net Income to Common	117.2	85.46	32.36	33.1	38.24	23.85
Net Income Growth	169.05%	164.10%	-2.24%	-13.46%	60.35%	-
Shares Outstanding (Basic)	14	13	13	14	16	16
Shares Outstanding (Diluted)	14	14	14	14	16	16
Shares Change (YoY)	3.40%	2.64%	-4.43%	-10.92%	0.56%	1.31%
EPS (Basic)	8.60	6.35	2.42	2.35	2.43	1.52
EPS (Diluted)	8.31	6.15	2.39	2.33	2.40	1.51
EPS Growth	160.19%	157.32%	2.57%	-2.92%	58.94%	-
Free Cash Flow	140.3	161	114.1	-33.43	26.99	174.32
Free Cash Flow Per Share	9.95	11.58	8.42	-2.36	1.70	11.02
Dividend Per Share	1.500	1.350	1.100	1.000	1.000	1.000
Dividend Growth	25.00%	22.73%	10.00%	-	-	-
Gross Margin	18.63%	15.96%	13.82%	18.45%	19.17%	15.34%
Operating Margin	12.75%	10.09%	6.36%	9.16%	10.29%	5.87%
Profit Margin	12.73%	9.78%	5.64%	7.27%	7.51%	6.08%
Free Cash Flow Margin	15.24%	18.42%	19.90%	-7.35%	5.30%	44.45%
EBITDA	119.66	90.49	38.86	45.35	56.65	27.65
EBITDA Margin	12.99%	10.35%	6.78%	9.97%	11.12%	7.05%
D&A For EBITDA	2.26	2.3	2.41	3.68	4.24	4.62
EBIT	117.4	88.2	36.46	41.67	52.41	23.03
EBIT Margin	12.75%	10.09%	6.36%	9.16%	10.29%	5.87%
Effective Tax Rate	16.89%	23.15%	33.87%	24.56%	24.13%	4.32%

Updated Sep 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q