Argan annual return on equity
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Argan Return on Equity (ROE) Growth & History (AGX)
Argan's return on equity was 33.85% for fiscal 2025.
View full Argan company overviewArgan annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2026-01-31 | 33.85% | +7.26 pp |
| 2024 | 2025-01-31 | 26.59% | +15.27 pp |
| 2023 | 2024-01-31 | 11.32% | +0.42 pp |
| 2022 | 2023-01-31 | 10.90% | −0.92 pp |
| 2021 | 2022-01-31 | 11.82% | +4.59 pp |
| 2020 | 2021-01-31 | 7.23% | +18.86 pp |
| 2019 | 2020-01-31 | −11.63% | −25.46 pp |
| 2018 | 2019-01-31 | 13.83% | −8.34 pp |
| 2017 | 2018-01-31 | 22.17% | −5.40 pp |
| 2016 | 2017-01-31 | 27.57% | +9.58 pp |
| 2015 | 2016-01-31 | 17.99% | +0.18 pp |
| 2014 | 2015-01-31 | 17.82% | −11.13 pp |
| 2013 | 2014-01-31 | 28.95% | +8.01 pp |
| 2012 | 2013-01-31 | 20.94% | +11.62 pp |
| 2011 | 2012-01-31 | 9.32% | — |
Argan quarterly return on equity
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| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-07-31 | 10.87% | +1.56 pp |
| Q1 2026 | 2026-04-30 | 9.84% | +3.54 pp |
| Q4 2025 | 2026-01-31 | 11.16% | +1.94 pp |
| Q3 2025 | 2025-10-31 | 7.56% | −1.24 pp |
| Q2 2025 | 2025-07-31 | 9.32% | +3.27 pp |
| Q1 2025 | 2025-04-30 | 6.30% | +3.60 pp |
| Q4 2024 | 2025-01-31 | 9.22% | +5.04 pp |
| Q3 2024 | 2024-10-31 | 8.80% | +6.88 pp |
| Q2 2024 | 2024-07-31 | 6.05% | +1.52 pp |
| Q1 2024 | 2024-04-30 | 2.70% | +1.94 pp |
| Q4 2023 | 2024-01-31 | 4.17% | −0.75 pp |
| Q3 2023 | 2023-10-31 | 1.92% | −0.90 pp |
| Q2 2023 | 2023-07-31 | 4.54% | +3.08 pp |
| Q1 2023 | 2023-04-30 | 0.75% | −1.62 pp |
| Q4 2022 | 2023-01-31 | 4.93% | +4.27 pp |
| Q3 2022 | 2022-10-31 | 2.82% | −0.79 pp |
| Q2 2022 | 2022-07-31 | 1.45% | −2.40 pp |
| Q1 2022 | 2022-04-30 | 2.38% | −0.93 pp |
| Q4 2021 | 2022-01-31 | 0.66% | −2.28 pp |
| Q3 2021 | 2021-10-31 | 3.61% | +0.71 pp |
| Q2 2021 | 2021-07-31 | 3.85% | +2.15 pp |
| Q1 2021 | 2021-04-30 | 3.31% | +3.54 pp |
| Q4 2020 | 2021-01-31 | 2.94% | +5.03 pp |
| Q3 2020 | 2020-10-31 | 2.90% | +4.84 pp |
| Q2 2020 | 2020-07-31 | 1.71% | +1.39 pp |
| Q1 2020 | 2020-04-30 | −0.23% | +7.65 pp |
| Q4 2019 | 2020-01-31 | −2.09% | −1.53 pp |
| Q3 2019 | 2019-10-31 | −1.93% | −10.34 pp |
| Q2 2019 | 2019-07-31 | 0.32% | −4.32 pp |
| Q1 2019 | 2019-04-30 | −7.88% | −9.23 pp |
| Q4 2018 | 2019-01-31 | −0.56% | −2.54 pp |
| Q3 2018 | 2018-10-31 | 8.41% | +3.44 pp |
| Q2 2018 | 2018-07-31 | 4.64% | −3.59 pp |
| Q1 2018 | 2018-04-30 | 1.35% | −5.46 pp |
| Q4 2017 | 2018-01-31 | 1.99% | −5.31 pp |
| Q3 2017 | 2017-10-31 | 4.97% | −1.96 pp |
| Q2 2017 | 2017-07-31 | 8.23% | +0.18 pp |
| Q1 2017 | 2017-04-30 | 6.81% | +1.38 pp |
| Q4 2016 | 2017-01-31 | 7.30% | +4.16 pp |
| Q3 2016 | 2016-10-31 | 6.93% | — |
| Q2 2016 | 2016-07-31 | 8.05% | +2.46 pp |
| Q1 2016 | 2016-04-30 | 5.42% | +1.47 pp |
| Q4 2015 | 2016-01-31 | 3.14% | −0.17 pp |
| Q2 2015 | 2015-07-31 | 5.59% | +0.47 pp |
| Q1 2015 | 2015-04-30 | 3.95% | +1.77 pp |
| Q4 2014 | 2015-01-31 | 3.31% | −2.77 pp |
| Q3 2014 | 2014-10-31 | 7.11% | −1.22 pp |
| Q2 2014 | 2014-07-31 | 5.12% | −4.27 pp |
| Q1 2014 | 2014-04-30 | 2.19% | −2.97 pp |
| Q4 2013 | 2014-01-31 | 6.08% | +0.47 pp |
| Q3 2013 | 2013-10-31 | 8.33% | +2.97 pp |
| Q2 2013 | 2013-07-31 | 9.39% | +3.73 pp |
| Q1 2013 | 2013-04-30 | 5.16% | +0.87 pp |
| Q4 2012 | 2013-01-31 | 5.61% | +0.96 pp |
| Q3 2012 | 2012-10-31 | 5.36% | +3.32 pp |
| Q2 2012 | 2012-07-31 | 5.66% | +3.57 pp |
| Q1 2012 | 2012-04-30 | 4.28% | — |
| Q4 2011 | 2012-01-31 | 4.65% | — |
| Q3 2011 | 2011-10-31 | 2.04% | — |
| Q2 2011 | 2011-07-31 | 2.09% | — |
Argan return on equity trends
Over the last five fiscal years, Argan's return on equity increased from 7.23% to 33.85%, a change of +26.62 percentage points. The latest reported quarter, Q2 2026, shows 10.87%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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