Assured Guaranty Ltd. (AGO)

Assured Guaranty Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	380	403	344	494	414
Investment Income	359	340	365	269	269
Net Gains on Investments	239	124	249	18	64
Total Other Revenues	172	-4	429	-2	86
Revenue	1,110	872	1,373	723	848
Revenue Growth (YoY)	27.29%	-36.49%	89.90%	-14.74%	-23.95%
Insurance Benefits & Claims	56	-26	162	16	-220
Policy Amortization Costs	22	20	13	14	14
Other Operating Expenses	383	361	468	425	409
Operating Income	649	517	730	268	645
Interest Expense	-89	-91	-90	-81	-87
Other Non-Operating Income (Expense)	102	62	28	-39	-81
Total Non-Operating Income (Expense)	13	-29	-62	-120	-168
Pretax Income	662	488	668	148	477
Provision for Income Taxes	119	96	-93	11	58
Net Income	503	376	739	124	389
Minority Interest in Earnings	40	16	22	13	30
Net Income to Common	503	376	739	124	389
Net Income Growth	33.78%	-49.12%	495.97%	-68.12%	7.46%
Shares Outstanding (Basic)	48	53	58	63	74
Shares Outstanding (Diluted)	49	54	60	64	74
Shares Change (YoY)	-10.31%	-8.89%	-6.73%	-14.00%	-13.80%
EPS (Basic)	10.39	7.01	12.54	1.95	5.29
EPS (Diluted)	10.26	6.87	12.30	1.92	5.23
EPS Growth	49.34%	-44.15%	540.63%	-63.29%	24.82%
Free Cash Flow	0	47	461	-2,479	-1,937
Free Cash Flow Growth	-	-89.81%	-	-	-
Free Cash Flow Per Share	-	0.87	7.73	-38.79	-26.07
Dividends Per Share	1.360	1.240	1.120	1.000	0.880
Dividend Growth	9.68%	10.71%	12.00%	13.64%	10.00%
Operating Margin	58.47%	59.29%	53.17%	37.07%	76.06%
Profit Margin	48.92%	44.95%	55.43%	18.95%	49.41%
FCF Margin	0.00%	5.39%	33.58%	-342.88%	-228.42%
EBITDA	649	583	788	333	714
EBITDA Margin	58.47%	66.86%	57.39%	46.06%	84.20%
EBIT	649	517	730	268	645
EBIT Margin	58.47%	59.29%	53.17%	37.07%	76.06%
Effective Tax Rate	17.98%	19.67%	-13.92%	7.43%	12.16%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q