OverviewSuggest Edit
Argan is a holding company primarily engaged in power industry services. It operates four wholly-owned subsidiaries: Gemma Power Systems (GPS), The Roberts Company (TRC), Atlantic Projects Company (APC) and SMC Infrastructure Solutions. Through GPS and APC, it provides a range of engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation market including the renewable energy sector. Through TRC, the industrial fabrication and field services reportable segment provides on-site services that support maintenance turnarounds, shutdowns, and emergency mobilizations for industrial plants. Through SMC, the telecommunications infrastructure services segment provides project management, construction, installation and maintenance services to commercial, local government and federal government customers.
| Type | Public | |
| Founded | 1961 | |
| HQ | Rockville, MD, US | Map |
| Website | arganinc.com | |
| Overall Culture | A | More |
Recent NewsAll News
- ARGAN, INC. REPORTS YEAR-END AND FOURTH QUARTER RESULTS AND ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM
- ARGAN, INC. ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM
- Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Names Charles Collins as Chief Executive Officer
- Argan, Inc.’s Wholly Owned Subsidiary Atlantic Projects Company Enters into an Engineering and Construction Contract for a 660 MW Power Project in Northern Ireland.
Key People/Management at Argan
Rainer H. Bosselmann
Chairman & Chief Executive Officer
David H. Watson
Chief Financial Officer
Richard H. Deily
Corporate Controller
Cynthia A. Flanders
Member of The Board
Mano Koilpillai
Member of The Board
Peter W. Getsinger
Member of The Board
Argan Office Locations
Argan has an office in Rockville
Rockville, MD, US (HQ)
1 Church St #201
Argan Financials and Metrics
Argan Revenue
Argan's revenue was reported to be €156.83 m in FY, 2021
| EUR | |
|---|---|
Revenue (FY, 2021) | 156.8m |
Gross profit (FY, 2021) | 159.9m |
Net income (FY, 2021) | 676.3m |
EBITDA (FY, 2021) | 147.4m |
EBIT (FY, 2021) | 147.1m |
Market capitalization (13-May-2022) | 576.1m |
Closing stock price (13-May-2022) | 36.7 |
Cash (31-Dec-2021) | 523.2m |
EV | 2.3b |
Argan's current market capitalization is $576.1 m.
Annual
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 85.4m | 100.2m | 142.4m | 156.8m |
Gross profit | 85.4m | 102.8m | 145.2m | 159.9m |
Half Year
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 45.1m | 69.5m | 76.2m |
Cost of goods sold | (1.6m) | ||
Gross profit | 44.9m | 70.6m | 77.6m |
Annual
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 25.7m | 16.7m | 37.5m | 523.2m |
Accounts Receivable | 17.3m | 40.6m | 42.3m | 23.8m |
Prepaid Expenses | 42.0k | 22.0k | 62.0k | 220.0k |
Half Year
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 23.4m | 29.1m | 42.1m |
Accounts Receivable | 28.7m | 51.3m | 31.3m |
Prepaid Expenses | 432.0k | 956.0k | 1.1m |
Annual
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 136.7m | 213.6m | 279.2m | 676.3m |
Depreciation and Amortization | 901.0k | (28.0k) | 2.3m | 277.0k |
Half Year
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Net Income | 155.8m | 49.8m | 342.7m |
Depreciation and Amortization | 531.0k | 1.2m | 140.0k |
| EUR | FY, 2018 |
|---|---|
Revenue/Employee | 55.0k |
Argan Operating Metrics
Argan's Backlog was reported to be $700m in Q2, 2022.
Argan Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| The Roberts Company | December 31, 2016 | |
| Atlantic Projects Company | May 31, 2015 | |
| Gemma Power Systems | December 31, 2006 | |
| AGX International Limited | ||
| Atlantic Power Contractors Limited | ||
| Atlantic Projects Company Limited | ||
| Atlantic Projects Company (UK) Limited | ||
| Atlantic Projects Company, Inc. | ||
| Gemma Plant Operations, LLC | ||
| Gemma Power Hartford, LLC |
Argan Revenue Breakdown
Argan revenue breakdown by business segment: 100.0% from REAL ESTATE INVESTMENT TRUSTS
Argan Cybersecurity Score
Argan Environment, Social & Governance (ESG) Ratings
Argan Online and Social Media Presence
Argan's Trends
Argan Company Culture
Overall Culture
A
81/100
CEO Rating
A+
93/100
Compensation
B+
78/100
Argan Blogs
April 13, 2022
ARGAN, INC. REPORTS YEAR-END AND FOURTH QUARTER RESULTS AND ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM
The post ARGAN, INC. REPORTS YEAR-END AND FOURTH QUARTER RESULTS AND ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM appeared first on Argan, Inc..
January 24, 2022
ARGAN, INC. ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM
The post ARGAN, INC. ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM appeared first on Argan, Inc..
November 18, 2021
Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Names Charles Collins as Chief Executive Officer
The post Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Names Charles Collins as Chief Executive Officer appeared first on Argan, Inc..
October 21, 2021
Argan, Inc.’s Wholly Owned Subsidiary Atlantic Projects Company Enters into an Engineering and Construction Contract for a 660 MW Power Project in Northern Ireland.
The post Argan, Inc.’s Wholly Owned Subsidiary Atlantic Projects Company Enters into an Engineering and Construction Contract for a 660 MW Power Project in Northern Ireland. appeared first on Argan, Inc..
September 07, 2021
Argan, Inc. Reports Second Quarter Results
The post Argan, Inc. Reports Second Quarter Results appeared first on Argan, Inc..
June 08, 2021
Argan, Inc. Reports First Quarter Results
The post Argan, Inc. Reports First Quarter Results appeared first on Argan, Inc..
Argan Frequently Asked Questions
When was Argan founded?
Argan was founded in 1961.
Who are Argan key executives?
Argan's key executives are Rainer H. Bosselmann, David H. Watson and Richard H. Deily.
How many employees does Argan have?
Argan has 1,473 employees.
What is Argan revenue?
Latest Argan annual revenue is €156.8 m.
What is Argan revenue per employee?
Latest Argan revenue per employee is €106.5 k.
Who are Argan competitors?
Competitors of Argan include APTIM, CDI and Tractebel.
Where is Argan headquarters?
Argan headquarters is located at 1 Church St #201, Rockville.
Where are Argan offices?
Argan has an office in Rockville.
How many offices does Argan have?
Argan has 1 office.
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