Argan Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Argan Inc (AGX) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Argan Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 1,187M vs 651,376M combined for tracked competitors (0.2% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+29.4% annualized vs trailing 12 months), vs accelerating (+6.4%) for its tracked peer group.
- Growth: Argan Inc generated 61.8% revenue growth year over year in Q2 2026, vs 9.8% for its tracked competitors combined.
- Profitability: Its 13.9% net margin compares with 21.4% for the peer group.
- Scale: Argan Inc ranks #20 of 88 companies by market capitalization in the Construction Services industry, holding 1.0% of industry market cap.
- Peer revenue share: Argan Inc accounted for 0.2% of combined revenue among its tracked peer group, up from 0.2% a year earlier.
- Peer differentiation: Revenue per employee of $0.84M compares with $0.48M for the peer group (1.8x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
AGX Sales vs. its Competitors, Q2 2026
Argan Inc reported revenue growth of 61.83 % year on year in Q2 2026, above its competitors' combined revenue growth of 9.75 %.
With a net margin of 13.88 %, Argan Inc reported lower profitability than its competitors (21.41 %).
Argan Inc generated 0.22 % of the combined sales of its peer group, up from 0.15 % a year earlier.
Argan Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Argan Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Argan Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Argan Inc's competitor groups requires a Commercial License.
For context: the Construction Services industry grew revenue 20.1% year over year, combined, vs 61.8% for Argan Inc. Argan Inc's share of combined industry revenue moved from 0.19% to 0.25%, a gain of 0.07 percentage points.
Argan Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Argan Inc | Yes | Yes | Yes | No |
| Competitors combined (39) | ||||
| High-Confidence Competitors (1) | - | - | - | |
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 28.60 % (2 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
AGX Stock Performance relative to its Competitors
AGX Stock Performance relative to High-Confidence Competitors
AGX Stock Performance relative to Similar-Size Competitors
AGX Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Sterling Infrastructure Inc | 282.9% | Outperformed |
| 2 | Idex Corp | 282.9% | Outperformed |
| 3 | Enpro Inc | 282.9% | Outperformed |
| 4 | Borgwarner Inc | 282.9% | Outperformed |
| 5 | Flowserve Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Argan Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Argan Inc's Comment on Competition and Industry Peers
GPS competes with numerous large and well capitalized private and public firms in the construction and engineering services industry. These competitors include Bechtel Corporation and Fluor Corporation, global firms providing engineering, procurement, construction and project management services; SNC-Lavalin Group, Inc., a diversified Canadian construction and engineering firm; Chicago Bridge & Iron Company N.V., a diversified firm providing consulting, engineering, construction and facilities management services; Skanska AB, a leading international project development and construction company; and Kiewit Corporation, an employee-owned global construction firm. These and other competitors are multi-billion dollar companies with thousands of employees. GPS also may compete with regional construction services companies in the markets where planned projects might be located.
To compete with these firms, we emphasize our proven track record as a cost-effective
choice for the design, build and commissioning of natural gas-fired and alternative
power energy systems. Our extensive and successful experience includes the efficient
completion of natural gas-fired simple cycle and combined cycle power plants,
wood/coal-fired plants, waste-to-energy plants, wind farms, solar fields and
biofuel processing facilities, all performed on an EPC contract basis. GPS provides
a full range of competitively priced development, consulting, engineering, procurement,
construction, commissioning and maintenance services to project owners. We are
able to react quickly to their requirements while bringing a strong, experienced
team to help navigate through difficult technical, scheduling and construction
issues. We believe that we are uniquely positioned to assist in the development
and delivery of innovative renewable energy solutions as world energy needs
grow and efforts to reduce the effects of climate change increase.
SMC operates in the fragmented and competitive telecommunication and infrastructure services industry. We compete with service providers ranging from small regional companies, which service a single market, to larger firms servicing multiple regions, as well as large national and multi-national contractors. We believe that we compete favorably with the other companies in the telecommunication and utility infrastructure services industry. We intend to emphasize our high quality reputation, outstanding customer base and highly motivated work force in competing for larger and more diverse contracts. We believe that our well maintained fleet of vehicles and construction machinery and equipment is essential to meet customers’ needs for high quality and on-time service. We are committed to invest in our repair and maintenance capabilities to maintain the quality and life of our equipment. Additionally, we invest annually in new vehicles and equipment.
Publicly Traded Peers of Argan Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Argan Inc | 5,359.52 | 1,187.09 |
| Eaton Corporation Plc | 168,758.66 | 30,025.00 |
| Parker hannifin Corporation | 124,304.40 | 21,499.00 |
| Johnson Controls International Plc | 91,743.88 | 24,433.00 |
| Emerson Electric Co | 88,227.36 | 18,637.00 |
| Honeywell International Inc | 66,947.42 | 36,130.00 |
| SUBTOTAL | 866,527.22 | 699,851.06 |
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Sources: Argan Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Argan Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Argan Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Zachry Group | Named by the company | 85% |
| Bechtel Corporation | Named by the company | 85% |
| METKA | Named by the company | 85% |
| GPS | Named by the company | 85% |
| Kiewit Corporation | Named by the company | 85% |
| Black & Veatch | Named by the company | 85% |
| Mytilineos S.A. | Named by the company | 85% |
| APC | Named by the company | 85% |
| John Wood Group PLC | Named by the company | 85% |
| Burns & McDonnell Engineering Company | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Argan Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Argan Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Argan Inc | Power Industry Services 80.16 % |
| Eaton Corporation Plc | Electrical Americas 46.31 % |
| Parker hannifin Corporation | Diversified Industrial 66.93 % |
| Johnson Controls International Plc | Americas 66.79 % |
| Emerson Electric Co | Safety and Productivity 11.33 % |
| Dover Corp | Clean Energy & Fueling 27.17 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Argan Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Argan Inc | 5,360 | 842,505 | 127,263 |
| Eaton Corporation Plc | 168,759 | 308,572 | 39,403 |
| Parker hannifin Corporation | 124,304 | 359,215 | 60,969 |
| Johnson Controls International Plc | 91,744 | 108,591 | 16,342 |
| Emerson Electric Co | 88,227 | 255,301 | 35,329 |
| Honeywell International Inc | 66,947 | 357,723 | 81,356 |
| PEERS TOTAL | 861,168 | 480,941 | 83,610 |
Argan Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Argan Inc | US 90.31 % |
| Parker hannifin Corporation | North America 67.21 % |
| Dover Corp | United States 55.59 % |
| Genuine Parts Co | United States 64.03 % |
| Idex Corp | United States 50.74 % |
| Textron Inc | United States 70.21 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Argan Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 78 companies in Argan Inc's industry classification, broader than the peer set above. Market cap in millions of $.Argan Inc ranks #20 of 78 companies by market capitalization in its industry, holding 1.05 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 733, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Quanta Services Inc | 99,358 | 19.46 % |
| 2 | Comfort Systems Usa inc | 58,700 | 11.50 % |
| 3 | D r Horton Inc | 39,450 | 7.73 % |
| 4 | Emcor Group Inc | 33,951 | 6.65 % |
| 5 | Pultegroup Inc | 1,234 | 5.2% |
| 6 | Lennar Corp | 1,234 | 5.2% |
| 7 | Nvr Inc | 1,234 | 5.2% |
| 8 | Mastec Inc | 1,234 | 5.2% |
| 9 | Jacobs Solutions Inc | 1,234 | 5.2% |
| 10 | Sterling Infrastructure Inc | 1,234 | 5.2% |
| 20 | Argan Inc | 5,360 | 1.05 % |
Market cap and industry share for the rest of Argan Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-29.
Argan Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 15 | Stantec Inc | 7,670 | -35.73 % |
| 16 | Aecom | 7,566 | -53.78 % |
| 17 | Fluor Corporation | 7,026 | 18.27 % |
| 18 | Everus Construction Group Inc | 6,034 | 43.08 % |
| 19 | Vse Corporation | 1,234 | 12.3% |
| 20 | Argan Inc | 5,360 | 41.14 % |
| 21 | Installed Building Products Inc | 1,234 | 12.3% |
| 22 | Construction Partners Inc | 1,234 | 12.3% |
| 23 | Granite Construction Inc | 1,234 | 12.3% |
| 24 | Solv Energy Inc | 1,234 | 12.3% |
| 25 | Champion Homes Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Argan Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-29. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Argan Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Construction Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (91 companies). See the full Construction Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 20.88 % | 23.01 % (avg) | -2.1 pp |
| Operating Margin | 11.46 % | industry median | +4.1 pp |
| EBITDA Margin | 18.37 % | 4.23 % (avg) | +14.1 pp |
| Capital Intensity (Capex / Revenue) | 0.80 % | 4.57 % (avg) | -3.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Argan Inc's Valuation vs Competitive Position
Valuation multiples vs the Construction Services industry average (91 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Construction Services industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 52.5x | 28.2x | +24.2x |
| EV / EBITDA | 41.5x | 17.9x | +23.6x |
| P/B | 20.2x | 4.4x | +15.8x |
| Return on Equity | 38.51 % | industry aggregate | 26.83 % |
| Return on Invested Capital | 14.38 % | 6.65 % (avg) | 7.73 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Argan Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -46.00 % | -50.43 % | 0.00 % | 64.10 % | 29.87 % | -10.67 % | 52.37 % | 8.18 % |
| Operating Margin | 8.35 % | -23.36 % | -23.36 % | 5.87 % | 8.74 % | 9.16 % | 10.12 % | 9.35 % |
| Return on Invested Capital | 5.27 % | -7.88 % | -8.43 % | 3.39 % | 7.81 % | 7.25 % | 13.68 % | 10.65 % |
| P/E | 12.5x | - | - | 27.4x | 16.0x | 19.9x | 24.5x | 34.8x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Argan Inc's Strategic Group Map
Every company in Argan Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Argan Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Argan Inc's BCG Growth-Share Matrix
Relative market share (vs Argan Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Argan Inc falls in the Dog quadrant: relative market share of 0.05x vs its largest competitor, in an industry growing revenue 5.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Argan Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 733 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.80 % vs industry average 4.57 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Argan Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Argan Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Argan Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Argan Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Argan Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 26.8 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+29.4% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.05x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Argan Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Argan Inc | 0.45 | 1.55 | - |
| Eaton Corporation Plc | 0.05 | 1.25 | 0.79 |
| Parker hannifin Corporation | 0.08 | 1.16 | 0.65 |
| Johnson Controls International Plc | 0.05 | 0.96 | 0.70 |
| Emerson Electric Co | 0.05 | 0.88 | 0.65 |
| Honeywell International Inc | 0.51 | 1.31 | 2.10 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Argan Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Argan Inc | Q2 2026 | +61.8 % | +51.1 % |
| Eaton Corporation Plc | Q2 2026 | +21.4 % | -16.2 % |
| Parker hannifin Corporation | Q2 2026 | +9.8 % | +18.2 % |
| Johnson Controls International Plc | Q1 2026 | +8.2 % | +17.1 % |
| Emerson Electric Co | Q2 2026 | +7.0 % | +22.5 % |
| Honeywell International Inc | Q2 2026 | -6.1 % | +262.4 % |
| PEERS TOTAL | +9.6 % | +83.8 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Argan Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Argan Inc | Q2 2026 | +60.5 % | +210.2 % |
| Eaton Corporation Plc | Q2 2026 | +28.1 % | +25.2 % |
| Parker hannifin Corporation | Q2 2026 | +6.8 % | +32.2 % |
| Johnson Controls International Plc | Q1 2026 | +7.6 % | - |
| Emerson Electric Co | Q2 2026 | +2.7 % | +9.7 % |
| Honeywell International Inc | Q2 2026 | +7.2 % | +39.4 % |
Argan Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Argan Inc | 14.56% | 37.34% | 38.51% |
| Eaton Corporation Plc | 7.94% | 10.71% | 19.56% |
| Parker hannifin Corporation | 11.99% | 15.10% | 25.38% |
| Johnson Controls International Plc | 9.33% | 15.77% | 26.03% |
| Emerson Electric Co | 6.13% | 8.71% | 12.69% |
| Honeywell International Inc | 10.74% | 17.01% | 49.57% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Argan Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Argan Inc | 29.91 | 4.51 |
| Eaton Corporation Plc | 44.17 | 5.62 |
| Parker hannifin Corporation | 34.08 | 5.78 |
| Johnson Controls International Plc | 27.12 | 3.75 |
| Emerson Electric Co | 34.41 | 4.73 |
| Honeywell International Inc | 8.26 | 1.85 |
| PEERS AVERAGE | 7.12 | 1.24 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.