Argan Inc (AGX) — Cash Flow Quality Index

Latest as of April 2026: 2.46x

Argan Inc (AGX) has a Cash Flow Quality Index of 2.46x as of April 2026. Operating cash flow of $113.38 Million exceeds net income of $46.06 Million, indicating high earnings quality where cash backs reported profits. Explore Argan Inc (AGX) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

2.46x
Operating CF / Net Income

Operating Cash Flow

$113.38 Million
USD

Net Income

$46.06 Million
USD

Data as of

Apr 2026
Most recent filing

Argan Inc Cash Flow Quality Index (1992–2026)

Historical Cash Flow Quality Index for Argan Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does Argan Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Argan Inc (1992–2026)

Year-by-year earnings quality comparison for Argan Inc. For live market cap and the full company financial profile, see how much is Argan Inc worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 3.01x $414.72 Million $137.77 Million ▲ +53.5%
2025 1.96x $167.58 Million $85.46 Million ▼ -45.7%
2024 3.61x $116.86 Million $32.36 Million ▲ +516.9%
2023 -0.87x $-30.06 Million $34.70 Million ▼ -208.8%
2022 0.80x $28.41 Million $35.71 Million ▼ -89.2%
2021 7.34x $174.68 Million $23.81 Million ▲ +438.8%
2019 -2.17x $-112.32 Million $51.87 Million ▼ -115.2%
2018 -1.01x $-72.79 Million $72.35 Million ▼ -130.1%
2017 3.35x $259.04 Million $77.43 Million ▲ +599.9%
2016 -0.67x $-33.60 Million $50.20 Million ▼ -131.2%
2015 2.15x $93.33 Million $43.45 Million ▼ -6.0%
2014 2.28x $98.98 Million $43.34 Million ▲ +59.9%
2013 1.43x $31.56 Million $22.10 Million ▼ -86.6%
2012 10.63x $78.72 Million $7.41 Million ▲ +449.9%
2011 1.93x $19.34 Million $10.01 Million ▲ +205.0%
2010 -1.84x $-12.95 Million $7.04 Million ▼ -60.8%
2009 -1.14x $-11.47 Million $10.02 Million ▼ -170.0%
2003 1.64x $519.67K $317.62K ▲ +37.4%
1999 1.19x $868.38K $729.25K ▼ -10.8%
1998 1.33x $656.48K $491.96K ▲ +161.1%
1997 0.51x $338.82K $662.99K ▼ -65.0%
1996 1.46x $1.31 Million $898.12K ▲ +557.6%
1992 0.22x $200.00K $900.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.