Argan SA (ARG) — Cash Flow Quality Index
Argan SA (ARG) has a Cash Flow Quality Index of 0.82x as of December 2025. Operating cash flow of €90.06 Million is below net income of €109.31 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Argan SA (ARG) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Argan SA Cash Flow Quality Index (2010–2025)
Historical Cash Flow Quality Index for Argan SA across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ARG cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Argan SA (2010–2025)
Year-by-year earnings quality comparison for Argan SA. For live market cap and the full company financial profile, see ARG market cap.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.81x | €198.97 Million | €245.19 Million | ▲ +16.6% |
| 2024 | 0.70x | €173.68 Million | €249.60 Million | ▼ -51.4% |
| 2022 | 1.43x | €135.92 Million | €94.87 Million | ▲ +462.7% |
| 2021 | 0.25x | €172.19 Million | €676.30 Million | ▼ -46.1% |
| 2020 | 0.47x | €131.75 Million | €278.86 Million | ▲ +642.2% |
| 2019 | 0.06x | €13.69 Million | €215.04 Million | ▼ -88.7% |
| 2018 | 0.56x | €81.25 Million | €144.53 Million | ▼ -41.5% |
| 2017 | 0.96x | €88.11 Million | €91.68 Million | ▲ +84.5% |
| 2016 | 0.52x | €49.62 Million | €95.25 Million | ▼ -59.6% |
| 2015 | 1.29x | €64.03 Million | €49.70 Million | ▼ -21.8% |
| 2014 | 1.65x | €67.27 Million | €40.81 Million | ▼ -14.2% |
| 2013 | 1.92x | €54.35 Million | €28.30 Million | ▲ +5.8% |
| 2012 | 1.82x | €47.28 Million | €26.04 Million | ▲ +14.6% |
| 2011 | 1.58x | €31.32 Million | €19.76 Million | ▲ +104.9% |
| 2010 | 0.77x | €31.24 Million | €40.38 Million | — |