Which has grown faster, ARQ or CODA?

Over the past five years, ARQ grew revenue faster — ARQ at a 12.31% CAGR versus CODA at 6.45%.

Is ARQ or CODA more profitable?

CODA runs the higher net margin — ARQ at -42.33% versus CODA at 17.63%.

How have ARQ and CODA total returns compared?

Over the past 10 years, ARQ delivered -10.83% and CODA delivered 17.88% annualized total return. Past performance doesn't predict future results.

Arq, Inc. (ARQ) vs Coda Octopus Group, Inc. (CODA)

A side-by-side comparison of Arq, Inc. and Coda Octopus Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

ARQ

Arq, Inc.

$88M

$2.04IndustrialsDelayed quote: Oct 6, 2026, 1:30 PM EDT

CODA

Coda Octopus Group, Inc.

$122M

$10.82IndustrialsDelayed quote: Oct 6, 2026, 1:28 PM EDT

Total return — ARQ vs CODA

growth of $100 · dividends reinvested · last 10y

ARQ -68.2% (-10.8%/yr)CODA +493.2% (+19.5%/yr)CODA compounded faster over this window

Log scale — wide-divergence pair

ARQ CODA

ARQ vs CODA: by the numbers

•CODA is the larger company ($122M vs $88M market cap).
•CODA is profitable (17.63% net margin) while ARQ runs a net loss (-42.33%).
•ARQ grew revenue faster over the past five years (12.31% vs 6.45% CAGR).

Metrics side by side

Valuation

Metric	ARQ	CODA
P/E ratio	N/A	24.39
Forward P/E	N/A	23.01
PEG ratio	N/A	5.70
P/S ratio	0.71	4.27
P/B ratio	0.52	1.94
EV / EBITDA	21.57	16.57
FCF yield	N/A	4.88%

Profitability

Metric	ARQ	CODA
Gross margin	28.80%	66.11%
Operating margin	-6.79%	20.18%
Net margin	-42.33%	17.63%
ROE	-31.06%	8.04%
ROIC	-4.46%	7.73%

Growth (annualized)

Metric	ARQ	CODA
Revenue CAGR (5Y)	12.31%	6.45%
EPS CAGR (5Y)	N/A	3.60%
FCF CAGR (5Y)	N/A	1.89%
Total return CAGR (5Y)	-20.45%	3.84%

Frequently asked

Which has grown faster, ARQ or CODA?: Over the past five years, ARQ grew revenue faster — ARQ at a 12.31% CAGR versus CODA at 6.45%.
Is ARQ or CODA more profitable?: CODA runs the higher net margin — ARQ at -42.33% versus CODA at 17.63%.
How have ARQ and CODA total returns compared?: Over the past 10 years, ARQ delivered -10.83% and CODA delivered 17.88% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ARQ analysis Full CODA analysis Interactive comparison tool

Dig into the metrics

Coda Octopus P/E ratio Arq ROE Coda Octopus ROE Arq operating margin Coda Octopus operating margin Arq revenue growth Coda Octopus revenue growth Arq free cash flow Coda Octopus free cash flow

Arq & Coda Octopus appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.