Argan S.A.

ARLLFOTCReal Estate● Active

$77.56

+$0.00(+0.00%)

Market Cap$2.0B

P/E Ratio—

52W High$82

52W Low$75.85

Avg Volume2.48

Open$82.00

Beta1.04

Free Cash Flow Financials Revenue

Argan S.A. (ARLLF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ARLLF · free cash flow · updated Jun 9, 2026

Core FCF metrics

ARLLF · FCF · TTM · margin & CAGR

Free cash flow was $187.4M for FY2025 (fiscal year ending 2025-12-31), up 8.0% year-over-year The FCF margin was 74.5%. Five-year CAGR stands at +7.3%.

FY2025 Free Cash Flow$187.4M▲ +8.0% YoY

Trailing 12M (TTM)$285.8Mtrailing 4 quarters sum

FCF Margin74.5%$187.4M ÷ revenue

3-Year CAGR+11.3%FY2022 → FY2025

5-Year CAGR+7.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ARLLF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$198.9M(11M)$187.4M▲ +8.0%74.5%

FY2024$173.7M(0M)$173.5M▼ 6.8%72.6%

FY2023$186.3M(0M)$186.2M▲ +37.1%84.3%

FY2022$135.9M(0M)$135.8M▼ 21.1%68.6%

FY2021$172.2M(0M)$172.1M▲ +30.7%92.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ARLLF · P/FCF · FCF yield · FCF per share

Argan S.A. (ARLLF) trades at a FCF yield of 13.00% and a price-to-free-cash-flow ratio of 8.2x. FCF per share stands at $9.49, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.00%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$9.49

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x16.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ARLLF · cash flow statement · operating / investing / financing

For FY2025, Argan S.A. generated $198.9M in operating cash flow and spent 11M in capital expenditures, yielding $187.4M in free cash flow.

Operating Activities

+$198.9M

Cash from core business operations

2025-12-31

Investing Activities

−$74.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$182.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($198.9M) − |CapEx| (11M) = FCF ($187.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

ARLLF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Argan S.A.YOU

ARLLF

$187.4M+8.0%74.5%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Argan S.A. (ARLLF) reported free cash flow of $187.4M for FY2025 (fiscal year ending 2025-12-31), up 8.0% year-over-year. The FCF margin was 74.5%.

Based on available data, Argan S.A. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $187.4M in FY2025. The 5-year CAGR stands at +7.3%.

Argan S.A.'s FCF yield is 13.00% and price-to-FCF ratio is 8.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ARLLF free cash flow · 8 questions

Argan S.A. free cash flow was $187.4M for FY2025, up 8.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $285.8M.

ARLLF free cash flowARLLF FCFARLLF FCF 2025ARLLF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Argan S.A. · Argan S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026