Assured Guaranty Ltd. (AGO)

Assured Guaranty Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,335	1,373	723	848	1,115	963
Revenue Growth (YoY)	89.09%	89.90%	-14.74%	-23.95%	15.78%	-3.80%
Cost of Revenue	157	162	16	-220	203	93
Gross Profit	1,178	1,211	707	1,068	912	870
Selling, General & Admin	227	251	258	230	228	178
Other Operating Expenses	217	230	181	193	213	143
Operating Expenses	444	481	439	423	441	321
Operating Income	734	730	268	645	471	549
Interest Expense / Income	92	90	81	87	85	89
Other Expense / Income	-40	-6	52	111	-21	-5
Pretax Income	682	646	135	447	407	465
Income Tax	-85	-93	11	58	45	63
Net Income	767	739	124	389	362	402
Net Income Growth	451.80%	495.97%	-68.12%	7.46%	-9.95%	-22.84%
Shares Outstanding (Basic)	55	57	60	70	81	95
Shares Change	-6.09%	-4.56%	-14.11%	-13.56%	-15.29%	-9.73%
EPS (Basic)	13.11	12.54	1.95	5.29	4.22	4.04
EPS (Diluted)	12.86	12.30	1.92	5.23	4.19	4.00
EPS Growth	474.11%	540.63%	-63.29%	24.82%	4.75%	-14.53%
Free Cash Flow	75	461	-2,479	-1,937	-853	-509
Free Cash Flow Per Share	1.35	8.05	-41.32	-27.73	-10.56	-5.34
Dividend Per Share	1.150	1.120	1.000	0.880	0.800	0.720
Dividend Growth	11.65%	12.00%	13.64%	10.00%	11.11%	12.50%
Gross Margin	88.24%	88.20%	97.79%	125.94%	81.79%	90.34%
Operating Margin	54.98%	53.17%	37.07%	76.06%	42.24%	57.01%
Profit Margin	57.45%	53.82%	17.15%	45.87%	32.47%	41.74%
Free Cash Flow Margin	5.62%	33.58%	-342.88%	-228.42%	-76.50%	-52.86%
Effective Tax Rate	-12.46%	-14.40%	8.15%	12.98%	11.06%	13.55%
EBITDA	774	736	216	534	492	554
EBITDA Margin	57.98%	53.61%	29.88%	62.97%	44.13%	57.53%
EBIT	774	736	216	534	492	554
EBIT Margin	57.98%	53.61%	29.88%	62.97%	44.13%	57.53%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).