Argan posts record Q4 diluted EPS of $2.22 as revenue rises 41% to $232.5 million
Argan reported fourth quarter and fiscal 2025 results for the period ended January 31, 2025. Quarterly revenue rose 41% to $232.5 million, and net income was $31.4 million, or $2.22 per diluted share, compared with $0.89 a year earlier. For the full year, revenue rose 52.5% to $874.2 million and net income was $85.5 million, or $6.15 per diluted share.
- Q4 gross margin was 20.5%, up from 14.4% a year earlier; EBITDA was $39.3 million versus $17.6 million
- Fiscal 2025 net income was $85.5 million, or $6.15 per diluted share, versus $32.4 million, or $2.39, in fiscal 2024
- Project backlog was $1.4 billion at January 31, 2025, up from $757 million a year earlier; the company reported no debt
- Quarterly cash dividend was $0.375 per share, up from $0.300 a year earlier