How Does Argan Stock Compare With Peers?

AGX: Argan logo
AGX
Argan

Argan‘s (AGX) stock has significantly outperformed its peers over the past year with a 121% return, but how does this specialized power infrastructure player truly measure up against its more diversified rivals? A closer look as of January 16, 2026, reveals exceptional free cash flow (30.9% LTM FCF margin) and strong operating profitability (13.1% LTM operating margin), alongside solid revenue growth (13.5%). Argan primarily focuses on power generation and renewable energy projects. However, its elevated 44.2x PE ratio suggests a demanding valuation, potentially limiting upside if broad infrastructure momentum increasingly favors larger, diversified industry leaders over specialized firms.

  • AGX’s 13.1% operating margin, highest among peers, signals superior operational efficiency or strong pricing power.
  • AGX’s 13.5% LTM revenue growth, outpacing peers, indicates strong market demand or successful strategic execution.
  • AGX’s 120.7% past year gain and 44.2 PE reflect high investor confidence and strong future growth expectations.

Here’s how Argan stacks up across size, valuation, and profitability versus key peers.

  AGX DY FLR GVA
Market Cap ($ Bil) 5.3 10.7 7.1 5.3
Revenue ($ Bil) 0.9 5.2 15.6 4.2
PE Ratio 44.2 36.1 2.1 29.1
LTM Revenue Growth 13.5% 13.2% -1.8% 6.9%
LTM Operating Margin 13.1% 8.3% -1.4% 6.1%
LTM FCF Margin 30.9% 5.7% 1.5% 8.2%
12M Market Return 120.7% 95.1% -11.2% 32.3%

For more details on Argan, read Buy or Sell AGX Stock. Below we compare AGX’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
AGX 13.5% 52.5% 26.0% -10.7%  
DY 13.2% 12.6% 9.6% 21.7%  
FLR -1.8% 5.4% 12.6% -2.9%
GVA 6.9% 14.2% 6.3% -5.7%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
AGX 13.1% 10.1% 6.4% 9.2%  
DY 8.3% 7.2% 7.7% 5.5%  
FLR -1.4% 2.3% 1.6% 0.8%
GVA 6.1% 5.0% 1.5% 2.2%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
AGX 44.2 49.3 56.6 19.9  
DY 36.1 42.1 23.3 23.9  
FLR 2.1 3.2 53.2 38.4
GVA 29.1 40.0 88.3 27.2

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