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- Argan
Argan Valuation Multiples
Discover revenue and EBITDA valuation multiples for Argan and similar public comparables like Construction Partners, Balfour Beatty, Everus Construction Group, NMDC Group and more.
Argan Overview
About Argan
Argan Inc is a United States-based construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC, and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derives the majority of revenue.
Founded
1961
HQ

Employees
1.6K
Website
Sectors
Financials (LTM)
EV
$4.7B
Valuation Multiples
Start free trialArgan Financials
Argan reported last 12-month revenue of $1.1B and EBITDA of $186M.
In the same LTM period, Argan generated $218M in gross profit, $186M in EBITDA, and $157M in net income.
Revenue (LTM)
Argan P&L
In the most recent fiscal year, Argan reported revenue of $945M and EBITDA of $167M.
Argan is profitable as of last fiscal year, with gross margin of 21%, EBITDA margin of 18%, and net margin of 15%.
Financial data powered by Morningstar, Inc.
Argan Stock Performance
Argan has current market cap of $5.7B, and enterprise value of $4.7B.
Market Cap Evolution
Argan's stock price is $404.75.
Argan share price decreased by 4.8% in the last 30 days, and increased by 49.9% in the last year.
Argan has an EPS (earnings per share) of $9.83.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4.7B | $5.7B | -4.8% | -4.8% | -49.3% | 49.9% | $9.83 |
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Start Free TrialArgan Valuation Multiples
Argan trades at 4.1x EV/Revenue multiple, and 25.3x EV/EBITDA.
EV / Revenue (LTM)
Argan Financial Valuation Multiples
As of September 2, 2026, Argan has market cap of $5.7B and EV of $4.7B.
Argan has a P/E ratio of 36.2x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Argan Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Argan Margins & Growth Rates
Argan grew revenue by 35% and EBITDA by 27% in the last fiscal year.
In the most recent fiscal year, Argan reported gross margin of 21%, EBITDA margin of 18%, and net margin of 15%.
Argan Margins
Argan Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Argan Operational KPIs
Argan's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.0M for the same period.
Argan's Rule of 40 is 50% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Argan's Rule of X is 100% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Argan Competitors
Argan competitors include Construction Partners, Balfour Beatty, Everus Construction Group, NMDC Group, Gek Terna, Granite Construction, DEME Group, Shapir Group, Installed Building Products and TKMS.
Most Argan public comparables operate across Construction & Engineering.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 2.7x | 2.1x | 20.1x | 13.6x | |||
| 0.3x | 0.3x | 8.2x | 8.5x | |||
| 1.6x | 1.4x | 19.7x | 15.4x | |||
| 0.6x | 0.7x | 3.0x | 4.1x | |||
| 2.3x | 2.9x | 15.4x | 13.8x | |||
| 1.4x | 1.2x | 12.7x | 9.6x | |||
| 1.2x | 1.2x | 5.5x | 5.3x | |||
| 4.3x | - | 20.9x | - | |||
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Start Free TrialAbout Argan
| When was Argan founded? | Argan was founded in 1961. |
| Where is Argan headquartered? | Argan is headquartered in United States. |
| How many employees does Argan have? | As of today, Argan has over 1K employees. |
| Who is the CEO of Argan? | Argan's CEO is David H. Watson. |
| Is Argan publicly listed? | Yes, Argan is a public company listed on NYSE. |
| What is the stock symbol of Argan? | Argan trades under AGX ticker. |
| When did Argan go public? | Argan went public in 1995. |
| Who are competitors of Argan? | Argan main competitors include Construction Partners, Balfour Beatty, Everus Construction Group, NMDC Group, Gek Terna, Granite Construction, DEME Group, Shapir Group, Installed Building Products, TKMS. |
| What is the current market cap of Argan? | Argan's current market cap is $5.7B. |
| What is the current revenue of Argan? | Argan's last 12 months revenue is $1.1B. |
| What is the current revenue growth of Argan? | Argan revenue growth (NTM/LTM) is 29%. |
| What is the current EV/Revenue multiple of Argan? | Current revenue multiple of Argan is 4.1x. |
| What is the current EBITDA of Argan? | Argan's last 12 months EBITDA is $186M. |
| What is Argan's EBITDA margin? | Argan's last 12 months EBITDA margin is 16%. |
| What is the current EV/EBITDA multiple of Argan? | Current EBITDA multiple of Argan is 25.3x. |
| What is the current FCF of Argan? | Argan's last 12 months FCF is $297M. |
| What is Argan's FCF margin? | Argan's last 12 months FCF margin is 26%. |
| What is the current EV/FCF multiple of Argan? | Current FCF multiple of Argan is 15.9x. |
| How many companies Argan has acquired to date? | Argan hasn't acquired any companies yet (or none have been disclosed publicly). |
| In how many companies Argan has invested to date? | Argan hasn't invested in any companies yet (or none have been disclosed publicly). |
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