Assured Guaranty (AGO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Assured Guaranty

NYSE•Financial Services•Insurance - Specialty

$71.60+0.31(<0.01%)Market open

Market Cap

$3.15B

P/E

9.0x

P/S

3.3x

P/B

0.6x

Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance and structured finance markets in the United States and internationally. It operates through Insurance and Asset Management segments. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. It also provides specialty insurance and reinsurance on transactions with risk profiles similar to those of its structured finance exposures written in financial guaranty form, as well as offers credit protection through reinsurance. In addition, the company insures and reinsures various the U.S. public finance obligations, such as general obligation, tax-backed bonds, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, renewable energy, and other public finance bonds. Further, it involved in insuring and reinsuring of non-U.S. public finance obligations comprising regulated utilities, infrastructure finance, sovereign and sub-sovereign, renewable energy bonds, and pooled infrastructure obligations; and the U.S. and non-U.S. structured finance obligations, including residential mortgage-backed securities, life insurance transactions, pooled corporate obligations, and financial products. Additionally, the company offers specialty business, such as diversified real estate, insurance reserve financing and securitizations, pooled corporate obligations, and aircraft residual value insurance (RVI) transactions; and asset management services comprising investment advisory services. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.

How this company scores

AverageMetricSide Score: 56/100

Strongest: Cash & Earnings Quality (21/25); weakest: Growth (5/25).

Profitability15/25

Growth5/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality21/25

Strengths

Rising free cash flowStrong marginsLow leverageConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 9.0x5y range 5.7x – 39.2x

Currently near its 20-quarter median.

P/S · 3.3x5y range 3.3x – 7.2x

Currently near its 20-quarter median.

P/B · 0.6x5y range 0.6x – 1.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 18.6% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $3.15B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $940.00M
Q. Revenue: $195.00M
TTM EBITDA: $414.00M
TTM Op. Income: $414.00M
Q. Op. Income: $49.00M
TTM Net Income: $351.00M
Q. Net Income: $39.00M
EPS: $0.88
Shares Out.: $44.30M

$940.00M in TTM revenue declined 10.6% YoY, reaching $195.00M last quarter. TTM EBITDA of $414.00M and TTM operating income of $414.00M show growth is flowing through to the bottom line. TTM net income of $351.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 25.1%
Op. Margin: 25.1%
Net Margin: 20.0%

Op. margin of 25.1% is down 22.2% YoY — costs are rising relative to revenue. Net margin at 20.0% Over the past year, operating margin is down 47% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 9.0x
P/S Ratio: 3.3x
P/B Ratio: 0.6x

At 9.0x P/E, the stock trades below typical market levels. P/S of 3.3x and P/B of 0.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $12.64B
Cash: $331.00M
Long-Term Debt: $1.71B
Book Value: $5.56B
D/E Ratio: 0.3
Debt/EBITDA: 34.8

With $12.64B in assets and $1.71B in long-term debt, D/E is 0.3and book value is $5.56B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 2% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $40.00M
TTM Free Cash Flow: $324.00M
FCF Margin: 34.5%
FCF / Net Income: 0.9

TTM FCF of $324.00M on $40.00M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 42% — a weakening trend.