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Argan Inc (AGX) company profile

AGXNYSEConstruction - Special Trade ContractorsFiscal year ends January 31
Financials through Q2 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 21/3021% above fair value
$306.48−8.86 (-2.81%)

Close on Nov 13, 2026Market cap $4.30BP/E 24.2Yield 0.57%

About Argan

Construction - Special Trade Contractors, SIC 1700

Argan, Inc. is a holding company providing engineering, procurement, construction, and field services across three business segments: Power, Industrial, and Teledata. The Power segment designs, constructs, and commissions energy facilities, including gas-fired plants and renewable energy systems, for electric utilities, independent power producers, and commercial clients. The Industrial segment provides on-site construction, turnaround support, and metal pipe and vessel fabrication for manufacturing clients in sectors such as chemicals, metals, and automotive production. The Teledata segment builds and maintains telecommunications wiring, data networks, and electrical distribution lines for commercial enterprises and government bodies.

Headquartered in Arlington, Virginia, Argan operates primarily across the United States, with significant activity in the Southeast and Mid-Atlantic regions, alongside international operations in the United Kingdom and Ireland. In North Carolina, the company runs a fabrication and warehouse facility spanning over 90,000 square feet. As of January 2026, the company employs 1,409 people, substantially all of whom work full-time across craft and non-craft roles.

Summary of the business section of Argan's latest annual report, written by StockData.

Company profile

Company

Legal name
Argan Inc
Founded
1961
Headquarters
Arlington, VA
Address
4075 Wilson Boulevard Suite 440 22203
Phone
(301) 315-0027
Employees
1,409, Jan 31, 2026
Industry
Construction - Special Trade Contractors
Incorporated in
Delaware
Fiscal year ends
January 31
Auditor
GRANT THORNTON LLP, Arlington, Virginia

Stock & identifiers

Ticker
AGX
Exchange
NYSE
IPO date
Aug 18, 1995
Shares outstanding
14M, Aug 28, 2026
Public float
$2.83B, Jul 31, 2025
Filer category
Large accelerated filer
Stock splits
1-for-15 reverse, Oct 9, 2001
SEC CIK
100591
CUSIP
04010E109
ISIN
US04010E1091
FIGI
BBG000K4J3T0
Share class FIGI
BBG001SJP7D8
LEI
529900E4KZWBV9KGBS83
EIN
13-1947195

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
David Hibbert WatsonPRESIDENT AND CEO, Director41,426
Charles Edwin Collins IVCHIEF EXECUTIVE OFFICER, GEMMA30,320
Joshua Scott BaugherChief Financial Officer1,479
Peter W. GetsingerDirector6,175
John Ronald Jeffrey Jr.Director10,533
William F. Griffin JrDirector1,061,778
Karen SweeneyDirector1,548
Cynthia FlandersDirector23,144
William F. LeimkuhlerDirector38,028
James W. QuinnDirector51,803
Alexander Lisa LarroqueDirector883
W. G. Champion MitchellDirector38,333

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$2.67M$21.89M$4.36M$886$440
FY2024$2.26M$10.93M$1.96M$347$280
FY2023$1.87M$1.88M$1.56M$111$181
FY2022
Bosselmann
$1.91M$2.16M$1.89M$95$161
FY2022
Watson
$1.40M$1.60M$1.89M$95$161
FY2021$1.88M$1.98M$1.63M$88$125

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2026

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOption awardsIncentive payOtherTotalvs. prior year
David H. Watson
President and Chief Executive Officer
$500.00K$500.00K$1.55M$86.50K–$34.34K$2.67M+18%
Joshua S. Baugher
Senior Vice President, Chief Financial Officer and Treasurer
$250.00K$250.00K$773.63K$43.25K–$34.34K$1.35M+99%
Charles E. Collins IV
Chief Executive Officer, Gemma
$794.36K$1.50M$735.02K$43.25K$4.00M$305.21K$7.38M+57%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of January 31, 2026, we had 1,409 employees, which includes craft and non-craft labor, substantially all of whom were full-time.”

Corporate history

Events identified from SEC filings

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