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Argan Inc
NYSE:AGX

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Argan Inc
NYSE:AGX
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Price: 61.97 USD 0.54% Market Closed
Updated: Apr 23, 2024

ROE
Return on Equity

11.3%
Current
11%
Average
6%
Industry
Positive for the last year
11.3%
Positive average
11%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
11.3%
=
Net Income
32.4m
/
Equity
285.9m

ROE Across Competitors

ROE Comparison
Argan Inc Competitors

Country US
Market Cap 820.6m USD
ROE
11%
Country FR
Market Cap 63.6B EUR
ROE
17%
Country IN
Market Cap 56.4B EUR
ROE
16%
Country IN
Market Cap 5T INR
ROE
16%
Country US
Market Cap 36.5B USD
ROE
13%
Country CN
Market Cap 218.9B CNY
ROE
13%
Country ES
Market Cap 25.2B EUR
ROE
12%
Country NL
Market Cap 26.6B USD
ROE
12%
Country CN
Market Cap 150.4B CNY
ROE
10%
Country CA
Market Cap 26.6B CAD
ROE
9%
Country US
Market Cap 15.9B USD
ROE
28%

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
11.3%
=
Net Income
32.4m
/
Equity
285.9m
What is the ROE of Argan Inc?

Based on Argan Inc's most recent financial statements, the company has ROE of 11.3%.