Argan’s Record Order Backlog Signals Strong Future Revenue Visibility

Energy infrastructure specialist Argan has secured a multi-year pipeline of work, boasting an all-time high order backlog of approximately $3 billion. This substantial cushion provides the company with exceptional revenue visibility for the coming years, though the market now watches for how efficiently this workload converts into bottom-line growth.

A key strength underpinning Argan’s position is its pristine balance sheet. The company operates with zero debt and holds significant cash reserves. This financial robustness grants management considerable flexibility to manage large-scale power generation projects efficiently and to capitalize on emerging market opportunities with agility.

The figures, last updated in the third-quarter report for fiscal year 2026 released in December, Read more...