AGO · Assured Guaranty Ltd - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $261.00M | - | $207.00M | $281.00M | $345.00M | - | $269.00M | $202.00M | $245.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $34.00M | - | $115.00M | $130.00M | $176.00M | - | $202.00M | $89.00M | $120.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $23.00M | - |
| Income Tax | ($20.00M) | - | $21.00M | $27.00M | $44.00M | - | $44.00M | $13.00M | $31.00M | - |
| Net Income | $88.00M | - | $105.00M | $103.00M | $176.00M | - | $171.00M | $78.00M | $109.00M | - |
| EPS - Basic | $1.94 | - | $2.20 | $2.10 | $3.49 | - | $3.23 | $1.43 | $1.94 | - |
| EPS - Diluted | $1.91 | - | $2.18 | $2.08 | $3.44 | - | $3.17 | $1.41 | $1.89 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $333.00M | $419.00M | $164.00M | $325.00M | $182.00M | $128.00M | $174.00M | $109.00M | $137.00M | $286.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $12.63B | $12.18B | $12.10B | $12.10B | $11.94B | $11.90B | $12.29B | $12.09B | $12.17B | $12.54B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $1.71B | $1.70B | $1.70B | $1.70B | $1.70B | $1.70B | $1.70B | $1.70B | $1.70B | $1.69B |
| Total Liabilities | $7.07B | $6.39B | $6.36B | $6.37B | $6.28B | $6.35B | $6.51B | $6.49B | $6.49B | $6.77B |
| Stockholders' Equity | $5.54B | $5.66B | $5.66B | $5.63B | $5.59B | $5.50B | $5.73B | $5.54B | $5.63B | $5.71B |
| Retained Earnings | $5.82B | $5.83B | $5.84B | $5.86B | $5.90B | $5.88B | $5.96B | $5.93B | $6.01B | $6.07B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $190.00M | - | - | - | $87.00M | - | - | - | ($74.00M) | - |
| Investing Cash Flow | ($60.00M) | - | - | - | $134.00M | - | - | - | $253.00M | - |
| Financing Cash Flow | ($214.00M) | - | - | - | ($170.00M) | - | - | - | ($327.00M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 13.0% | - | 55.6% | 46.3% | 51.0% | - | 75.1% | 44.1% | 49.0% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 33.7% | - | 50.7% | 36.7% | 51.0% | - | 63.6% | 38.6% | 44.5% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | -29.4% | - | 16.7% | 20.8% | 20.0% | - | 20.5% | 14.3% | 22.1% | - |
| Return on assets | 0.7% | - | 0.9% | 0.9% | 1.5% | - | 1.4% | 0.6% | 0.9% | - |
| Return on equity | 1.6% | - | 1.9% | 1.8% | 3.1% | - | 3.0% | 1.4% | 1.9% | - |
| Return on invested capital | 0.5% | - | 1.3% | 1.4% | 1.9% | - | 2.2% | 1.1% | 1.3% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.31 | 0.30 | 0.30 | 0.30 | 0.30 | 0.31 | 0.30 | 0.31 | 0.30 | 0.30 |
| Debt / Assets | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 5.2x | - |
| Equity multiplier | 2.28 | 2.15 | 2.14 | 2.15 | 2.14 | 2.17 | 2.15 | 2.18 | 2.16 | 2.19 |
| Liabilities / Assets | 0.56 | 0.52 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.54 | 0.53 | 0.54 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.02 | 0.02 | 0.03 | - | 0.02 | 0.02 | 0.02 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 42.7x | - | 38.8x | 41.9x | 25.6x | - | 25.1x | 54.7x | 46.2x | - |
| P / B | 0.7x | - | 0.7x | 0.8x | 0.8x | - | 0.7x | 0.8x | 0.9x | - |
| P / S | 14.2x | - | 19.6x | 15.3x | 12.9x | - | 15.8x | 21.0x | 20.3x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -24.3% | - | -23.0% | 39.1% | 40.8% | - | -33.3% | -43.9% | -13.4% | - |
| Revenue CAGR (3y) | -2.7% | - | 71.6% | 46.2% | 4.8% | - | 8.3% | 1.0% | 11.4% | - |
| Revenue CAGR (5y) | 8.1% | - | -5.0% | -5.5% | 29.2% | - | 5.5% | -5.4% | 4.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -80.7% | - | -43.1% | 46.1% | 46.7% | - | 9.8% | -36.0% | 1.7% | - |
| Net income growth (YoY) | -50.0% | - | -38.6% | 32.1% | 61.5% | - | 8.9% | -37.6% | 34.6% | - |
| EPS growth (YoY) | -44.5% | - | -31.2% | 47.5% | 82.0% | - | 21.9% | -31.6% | 41.0% | - |
| EPS CAGR (3y) | 12.5% | - | 129.6% | - | 52.0% | - | 143.3% | 3.0% | 138.1% | - |
| EPS CAGR (5y) | 68.6% | - | 16.4% | -0.2% | - | - | 35.3% | 0.3% | 29.4% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -0.9% | 3.1% | -1.2% | 1.7% | -0.7% | -3.8% | 9.1% | 5.0% | 7.8% | 12.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$885.00M totalInsurance Segment$861.00M · 97.3%
Asset Management Segment$24.00M · 2.7%
Geographic
$976.00M totalUS$749.00M · 76.7%
BM$177.00M · 18.1%
GB$48.00M · 4.9%
Other Countries$2.00M · 0.2%
Peer comparison
Same SIC group: Surety Insurance
Comparing ASSURED GUARANTY LTD against the 5 most active filers in the same SIC group.
Dividends
$0.76/share trailing 12 months · -41.5% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.3800 |
| Mar 6, 2026 | $0.3800 |
| May 16, 2025 | $0.3400 |
| Mar 5, 2025 | $0.3400 |
| Nov 22, 2024 | $0.3100 |
| Aug 21, 2024 | $0.3100 |
| May 14, 2024 | $0.3100 |
| Mar 5, 2024 | $0.3100 |
| Nov 14, 2023 | $0.2800 |
| Aug 15, 2023 | $0.2800 |
| May 16, 2023 | $0.2800 |
| Mar 7, 2023 | $0.2800 |
| Nov 15, 2022 | $0.2500 |
| Aug 16, 2022 | $0.2500 |
| May 17, 2022 | $0.2500 |
| Mar 8, 2022 | $0.2500 |
| Nov 16, 2021 | $0.2200 |
| Aug 17, 2021 | $0.2200 |
| May 18, 2021 | $0.2200 |
| Mar 9, 2021 | $0.2200 |
| Nov 17, 2020 | $0.2000 |
| Aug 18, 2020 | $0.2000 |
| May 19, 2020 | $0.2000 |
| Mar 10, 2020 | $0.2000 |