Argan vs Matrix Service
Argan and Matrix Service are similar in size: $945m and $874m of revenue in their latest fiscal years. Matrix Service grew faster (13.6% against 8.1%). Argan kept more of each dollar of sales as profit: a net margin of 14.6% against -0.3%.
| Latest fiscal year | ArganAGX, 2026 | Matrix ServiceMTRX, 2026 |
|---|---|---|
| Revenue | $945m | $874m |
| Revenue growth | 8.1% | 13.6% |
| Net income | $138m | −$2.6m |
| Operating margin | 14.3% | -1.1% |
| Net margin | 14.6% | -0.3% |
| Return on equity | 33.8% | -1.8% |
| Free cash flow | $411m | $1.4m |
| Cash | $339m | $223m |
| Total debt | — | $65 |
| Debt to equity | — | 0.0% |
| Dividend per share | $1.75 | — |
| Dividend yield | 0.6% | — |
| Share buybacks | $9.9m | — |
| Employees | 1,409 | 2,370 |
| Market value | $4.88bn | $263m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 61 (Moderate) | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 37 sales | 0 buys, 11 sales |