ARGAN INC (AGX) Return on equity 2017–2026
ARGAN INC (AGX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
29.8%FY2026 · since FY2017: 24.1% → 29.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 29.8% | +5.5 pp |
| FY2025 | 24.3% | +13.2 pp |
| FY2024 | 11.1% | -0.7 pp |
| FY2023 | 11.8% | +0.1 pp |
| FY2022 | 11.7% | +4.3 pp |
| FY2021 | 7.4% | +20.0 pp |
| FY2020 | -12.6% | -25.8 pp |
| FY2019 | 13.2% | -6.9 pp |
| FY2018 | 20.1% | -4.0 pp |
| FY2017 | 24.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice