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Argan Inc
NYSE:AGX

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Argan Inc Logo
Argan Inc
NYSE:AGX
Watchlist
Price: 50.75 USD 0.79%
Updated: Mar 28, 2024

ROA
Return on Assets

7%
Current
6%
Average
2.2%
Industry
Positive for the last year
7%
Positive average
6%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
7%
=
Net Income
34m
/
Total Assets
526.6m

ROA Across Competitors

ROA Comparison
Argan Inc Competitors

Country US
Market Cap 676.6m USD
ROA
7%
Country FR
Market Cap 68.1B EUR
ROA
4%
Country IN
Market Cap 5.2T INR
ROA
4%
Country IN
Market Cap 55.3B EUR
ROA
4%
Country US
Market Cap 37.8B USD
ROA
5%
Country CN
Market Cap 218.9B CNY
ROA
2%
Country ES
Market Cap 26.9B EUR
ROA
2%
Country NL
Market Cap 29.5B USD
ROA
2%
Country CA
Market Cap 28.4B CAD
ROA
4%
Country CN
Market Cap 148.9B CNY
ROA
2%
Country US
Market Cap 16.5B USD
ROA
10%

ROA Distribution

ROA Distribution
Construction Industry

Profitability Report

View the profitability report to see the full profitability analysis for Argan Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
7%
=
Net Income
34m
/
Total Assets
526.6m
What is the ROA of Argan Inc?

Based on Argan Inc's most recent financial statements, the company has ROA of 7%.