Knowstox

Fundamentals snapshot

Assured Guaranty Ltd.

AGO · NYQ · Financial Services · Insurance - Specialty

Current price

$70.42

52-week range

$67.24 - $92.40

Market cap

$3.10B

One-glance verdict

Valued differently

We value banks a different way

We don't put a cash-flow fair value on banks and insurers. For these companies the reported 'cash flow' is really just money moving between loans, deposits and trades — not the leftover profit the owners could actually pocket — so the usual method would print a misleading number.

Balance sheet

Healthy

8.44x Adequate

Net debt $463.00M. Interest coverage shows how many times profit covers the interest bill.

What this company does

Assured Guaranty Ltd.

Assured Guaranty Ltd. sells insurance that protects people who loan money to governments or buy complex financial products, ensuring they get paid back even if the borrower defaults. Their main income comes from the fees they charge for this protection, which is important because it makes investing in these types of debt safer for lenders. This company essentially acts as a safety net for big financial deals.

Price history

How the share price has moved

—
Loading price history…

Earnings history

Last 8 quarters — what happened

Click any quarter to read the call summary and what the numbers say.

Revenue $195.00M
Net income $39.00M
Diluted EPS 0.88
Operating cash flow $40.00M
Free cash flow —
Revenue $261.00M
Net income $88.00M
Diluted EPS 1.91
Operating cash flow $190.00M
Free cash flow —
Revenue $277.00M
Net income $119.00M
Diluted EPS 2.56
Operating cash flow $39.00M
Free cash flow —
Revenue $207.00M
Net income $105.00M
Diluted EPS 2.18
Operating cash flow $55.00M
Free cash flow —
Revenue $281.00M
Net income $103.00M
Diluted EPS 2.08
Operating cash flow $78.00M
Free cash flow —
Revenue $345.00M
Net income $176.00M
Diluted EPS 3.44
Operating cash flow $87.00M
Free cash flow —
Revenue $156.00M
Net income $18.00M
Diluted EPS 0.40
Operating cash flow $46.00M
Free cash flow —
Revenue $269.00M
Net income $171.00M
Diluted EPS 3.17
Operating cash flow $17.00M
Free cash flow —

Is it cheap or expensive?

We value banks and insurers a different way

For a bank or insurer, the "free cash flow" shown on its statements is mostly money flowing through loans, deposits and trades — not the leftover profit the owners could actually keep, which is what this kind of valuation needs. Running that through the usual method would spit out a meaningless number, so we leave the cash-flow fair value out here rather than show you something misleading.

Valued differently

We estimate the cash this business should generate over the next 10 years and beyond, then convert it to today's money for a fair value per share, in its trading currency. Cautious, middle and optimistic growth cases give a range. Not for banks/insurers.

Is it drowning in debt?

Healthy

Net debt $463.0M. Interest coverage 8.4x.

Net debt $463.00M
Interest coverage 8.44x

Assured Guaranty Ltd. is healthier than 0 of 1 peers on balance-sheet leverage.

Healthy
Worse cushion Baseline Better cushion
AGO BASELINE Assured Guaranty Ltd.

Total debt $1.71B Interest coverage 8.44x This is the baseline the peer rows are being compared against.

What you should know

The case for and against AGO

2 Rewards 1 Risk

Rewards

  • Free cash flow was positive in 3/10 years.
  • Dividend yield is 2.1% with 23-year payout history.

Risks

  • Forward P/E (10.0x) is higher than trailing (9.4x) - earnings are expected to drop.

The numbers

All the key metrics, grouped by purpose

Tap any ? icon to learn what it means.

Valuation

How expensive the stock looks

P/E (TTM)
9.38x
Forward P/E
10.00x
P/B
0.56x
P/S
3.81x
EV/EBITDA
—
PEG ratio
0.33x

Profitability

How much profit each dollar creates

Gross margin
94.3%
Operating margin
42.6%
Net margin
43.2%
ROE
6.7%
ROA
1.6%

Health

Liquidity and balance-sheet strength

Debt / equity
0.31x
Current ratio
0.99x
Quick ratio
0.88x
Total debt
$1.71B
Total cash
$1.24B

Growth

How the business has been compounding

Revenue TTM
$940.00M
Revenue 5Y CAGR
7.0%
EPS TTM
7.51
EPS 5Y CAGR
74.8%

Cash flow

How much cash the business throws off

Operating CF TTM
$324.00M
Free CF TTM
$259.00M
FCF margin
27.6%

Dividend

Shareholder payout

Yield
2.1%
Payout ratio
19.2%
Last ex-div date
2026-08-20