Comparison

ARGAN INC (AGX) vs STERLING INFRASTRUCTURE, INC. (STRL)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

AGX

ARGAN INC

Engineering & Construction

Revenue, FY26: $945M
Net income: $138M
Operating cash flow: $415M
Free cash flow: $411M
Net margin: 14.59%
Operating margin: 14.26%
Gross margin: 20.50%

STRL

STERLING INFRASTRUCTURE, INC.

Engineering & Construction

Revenue, FY25: $2.49B
Net income: $310M
Operating cash flow: $440M
Free cash flow: $363M
Net margin: 12.44%
Operating margin: 16.30%
Gross margin: 22.98%

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	AGX	STRL
Revenue growth, latest filed year	+8.06%	+17.69%
Piotroski F-score	5 of 8	6 of 9
P/E against its own history	48.33% above	102.71% above

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

AGX

Litigation
Tax
Supply chain
Cybersecurity
Labour
AI and its regulation

And 16 more.

STRL

Debt covenants
Goodwill impairment
Litigation
Labour
Interest rates
Tariffs

And 16 more.

Tracked managers holding both

Stephen Mandel Lone Pine Capital 1.80% · 3.13%
Joel Greenblatt Gotham Asset Management 0.00% · 0.06%

Updated Sep 9, 2026 · the newer of the two companies' filings