Assured Guaranty (AGO) financial statements
Assured Guaranty reported revenue of $0 in fiscal 2025, down 39.0% a year over 7 years.
Net income was $503M.
The diluted share count fell 64% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Assured Guaranty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $0 | $0 | $22M | $89M | $88M | $93M | $53M | $0 | $0 |
| Operating income | $1.0B | -$748M | -$422M | -$481M | -$640M | -$377M | -$443M | -$680M | -$446M | -$550M |
| Interest expense | $102M | $97M | $94M | $89M | $85M | $87M | $81M | $90M | — | — |
| Pre-tax income | $1.0B | $991M | $580M | $464M | $413M | $477M | $148M | $668M | $488M | $662M |
| Income tax | $136M | $261M | $59M | $63M | $45M | $58M | $11M | -$93M | $96M | $119M |
| Net income | $881M | $730M | $521M | $402M | $362M | $389M | $124M | $739M | $376M | $503M |
| EPS (diluted) | $6.56 | $5.96 | $4.68 | $4.00 | $4.19 | $5.23 | $1.92 | $12.30 | $6.87 | $10.26 |
| Diluted shares | 134M | 122M | 111M | 100M | 86M | 74M | 64M | 60M | 54M | 49M |
| Operating margin | 60.6% | — | — | -2186.4% | -719.1% | -428.4% | -476.3% | -1283.0% | — | — |
| Net margin | 52.5% | — | — | 1827.3% | 406.7% | 442.0% | 133.3% | 1394.3% | — | — |
Balance sheet
Fiscal years, from Assured Guaranty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $708M | $771M | $833M | $1.4B | $1.0B | $1.3B | $917M | $1.8B | $1.3B | $1.3B |
| Receivables | $576M | $915M | $904M | $1.3B | $1.4B | $1.4B | $1.3B | $1.5B | $1.6B | $1.6B |
| Goodwill | — | — | $0 | $117M | $117M | $117M | $117M | $0 | — | — |
| Total assets | $14.2B | $14.4B | $13.6B | $14.3B | $15.3B | $18.2B | $16.8B | $12.5B | $11.9B | $12.2B |
| Total liabilities | $7.6B | $7.6B | $7.0B | $7.7B | $8.6B | $11.7B | $11.6B | $6.8B | $6.3B | $6.4B |
| Shareholders' equity | $6.5B | $6.8B | $6.6B | $6.6B | $6.6B | $6.3B | $5.1B | $5.7B | $5.5B | $5.7B |
| Net debt | -$118M | -$144M | -$104M | -$169M | -$162M | -$120M | -$107M | -$97M | -$121M | -$388M |
Cash flow
Fiscal years, from Assured Guaranty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$132M | $433M | $462M | -$509M | -$853M | -$1.9B | -$2.5B | $461M | $47M | $259M |
| Dividends paid | $69M | $70M | $71M | $74M | $69M | $66M | $64M | $67M | $68M | $68M |
| Share buybacks (net) | -$306M | -$501M | -$500M | -$500M | -$446M | -$496M | -$500M | -$199M | -$502M | -$500M |
| Net borrowing | -$2M | -$30M | -$101M | -$4M | -$22M | $269M | -$2M | -$330M | $0 | $0 |
| Dividends per share | $0.51 | $0.57 | $0.64 | $0.74 | $0.80 | $0.89 | $1.00 | $1.12 | $1.25 | $1.40 |
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What was Assured Guaranty's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
From Assured Guaranty's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.