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Argan vs Limbach: revenue, profit, margins and growth compared

Argan brought in $944.6M of revenue in fiscal 2026, Limbach $646.8M in fiscal 2025. Revenue changed by +8.1% at Argan and +24.7% at Limbach on the year before, so Limbach grew faster. Argan kept 14.6% of its revenue as net profit, Limbach 6.0%. Free cash flow was $410.8M at Argan and $41.9M at Limbach.

Side by side, latest fiscal year

AGXLMB
Fiscal year endedFY2026 (January 31, 2026)FY2025 (December 31, 2025)
Revenue$944.6M$646.8M
Revenue growth+8.1%+24.7%
Net income$137.8M$39.1M
Net margin14.6%6.0%
Free cash flow$410.8M$41.9M
Free cash flow margin43.5%6.5%
Earnings per share (diluted)$9.74$3.23
Cash$339.5M$11.3M
Debtn/a$5M
Price to earnings37.415.9
Market value$5.1B$613.9M
Dividend yield0.48%n/a
Rank by revenue in sector#473 of 778 · Consumer discretionary#530 of 778 · Consumer discretionary

Over the years

Revenue
AGX FY2018: $482.2MAGX FY2019: $239MAGX FY2021: $392.2MAGX FY2022: $509.4MAGX FY2023: $455MAGX FY2024: $573.3MAGX FY2025: $874.2MAGX FY2026: $944.6MLMB FY2018: $546.5MLMB FY2019: $553.3MLMB FY2020: $568.2MLMB FY2021: $490.4MLMB FY2022: $496.8MLMB FY2023: $516.4MLMB FY2024: $518.8MLMB FY2025: $646.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AGX $944.6MLMB $646.8M
Net income
AGX FY2018: $52MAGX FY2019: -$42.7MAGX FY2021: $23.9MAGX FY2022: $38.2MAGX FY2023: $33.1MAGX FY2024: $32.4MAGX FY2025: $85.5MAGX FY2026: $137.8MLMB FY2018: -$1.8MLMB FY2019: -$1.8MLMB FY2020: $5.8MLMB FY2021: $6.7MLMB FY2022: $6.8MLMB FY2023: $20.8MLMB FY2024: $30.9MLMB FY2025: $39.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AGX $137.8MLMB $39.1M
Net margin
AGX FY2018: 10.8%AGX FY2019: -17.9%AGX FY2021: 6.1%AGX FY2022: 7.5%AGX FY2023: 7.3%AGX FY2024: 5.6%AGX FY2025: 9.8%AGX FY2026: 14.6%LMB FY2018: -0.3%LMB FY2019: -0.3%LMB FY2020: 1.0%LMB FY2021: 1.4%LMB FY2022: 1.4%LMB FY2023: 4.0%LMB FY2024: 6.0%LMB FY2025: 6.0%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AGX 14.6%LMB 6.0%
Revenue growth
AGX FY2019: -50.4%AGX FY2021: +64.1%AGX FY2022: +29.9%AGX FY2023: -10.7%AGX FY2024: +26.0%AGX FY2025: +52.5%AGX FY2026: +8.1%LMB FY2019: +1.2%LMB FY2020: +2.7%LMB FY2021: -13.7%LMB FY2022: +1.3%LMB FY2023: +3.9%LMB FY2024: +0.5%LMB FY2025: +24.7%FY19FY20FY21FY22FY23FY24FY25FY26
AGX +8.1%LMB +24.7%
Free cash flow
AGX FY2018: -$120.9MAGX FY2019: $46.5MAGX FY2021: $174.3MAGX FY2022: $27MAGX FY2023: -$33.4MAGX FY2024: $114.1MAGX FY2025: $161MAGX FY2026: $410.8MLMB FY2018: $21.4MLMB FY2019: -$3.6MLMB FY2020: $38.3MLMB FY2021: -$25MLMB FY2022: $34.4MLMB FY2023: $55.1MLMB FY2024: $29.3MLMB FY2025: $41.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AGX $410.8MLMB $41.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Argan and Limbach

Which is bigger by revenue, Argan or Limbach?

Argan is bigger by revenue: $944.6M in fiscal 2026, against $646.8M for Limbach in fiscal 2025.

Which keeps more of its revenue as profit, Argan or Limbach?

Argan had a net margin of 14.6% in fiscal 2026; Limbach had 6.0% in fiscal 2025.

Which grew revenue faster, Argan or Limbach?

In their latest fiscal years revenue changed by +8.1% at Argan and +24.7% at Limbach.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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