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Equiscale · Syntellia LLC
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.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.0B | - | $503M | $259M | 8.9% | 25.9% | 33.8% |
| 2024 | $814M | - | $376M | $47M | 6.8% | -19.8% | -49.1% |
| 2023 | $1.0B | - | $739M | $461M | 12.9% | 48.4% | 496.0% |
| 2022 | $684M | - | $124M | $-2.5B | 2.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 684 | 1,015 | 814 | 1,025 |
| Operating Revenue | - | 684 | 1,015 | 814 | 1,025 |
| Selling General And Administration | - | 258 | 251 | 202 | 209 |
| Total Expenses | - | 536 | 347 | 326 | 363 |
| EBIT | - | 229 | 758 | 579 | 751 |
| Interest Income | 204 | - | - | - | - |
| Interest Expense | - | 81 | 90 | 91 | 89 |
| Net Interest Income | - | -81 | -90 | -91 | -89 |
| Other Income Expense | - | 17 | 61 | 23 | 76 |
| Interest Expense Non Operating | - | 81 | 90 | 91 | 89 |
| Net Non Operating Interest Income Expense | - | -81 | -90 | -91 | -89 |
| Pretax Income | - | 148 | 668 | 488 | 662 |
| Tax Provision | - | 11 | -93 | 96 | 119 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 55.02 | 0 | 0 |
| Net Income Continuous Operations | - | 137 | 761 | 392 | 543 |
| Net Income From Continuing And Discontinued Operation | - | 124 | 739 | 376 | 503 |
| Net Income From Continuing Operation Net Minority Interest | - | 124 | 739 | 376 | 503 |
| Net Income | - | 124 | 739 | 376 | 503 |
| Net Income Common Stockholders | - | 123 | 733 | 373 | 499 |
| Net Income Including Noncontrolling Interests | - | 137 | 761 | 392 | 543 |
| Normalized Income | - | 124 | 532.02 | 376 | 503 |
| Diluted NI Availto Com Stockholders | - | 123 | 733 | 373 | 499 |
| Basic Average Shares | - | 59.01 | 58.40 | 50.51 | 45.18 |
| Diluted Average Shares | - | 63.90 | 59.60 | 50.51 | 48.70 |
| Total Unusual Items | - | 0 | 262 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | - | 0 | 262 | 0 | 0 |
| Minority Interests | - | -13 | -22 | -16 | -40 |
| Special Income Charges | - | 0 | 262 | 0 | 0 |
| Other Special Charges | 175 | - | -262 | - | - |
| General And Administrative Expense | - | 258 | 251 | 202 | 209 |
| Salaries And Wages | - | 258 | 251 | 202 | 209 |
| Other Operating Expenses | - | 167 | 217 | 159 | 174 |
| Otherunder Preferred Stock Dividend | - | 1 | 6 | 3 | 4 |
| Average Dilution Earnings | - | 0 | 0 | 0 | 0 |
| Loss Adjustment Expense | - | 16 | 162 | -26 | 56 |
| Net Policyholder Benefits And Claims | - | 16 | 162 | -26 | 56 |
| Policyholder Benefits Gross | - | 15 | 165 | -27 | 57 |
| Policyholder Benefits Ceded | - | -1 | 3 | -1 | 1 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Assured Guaranty Ltd.this co. | AGO | $3.3B | 6.50↓ discount | 0.58 | 8.9% | - |
| First Interstate BancSystem, Inc. | FIBK | $3.5B | 11.49 | 1.01 | 8.8% | - |
| BankUnited, Inc. | BKU | $3.4B | 12.80 | 1.13 | 8.8% | - |
| Community Financial System, Inc. | CBU | $3.3B | 15.84 | 1.66 | 10.5% | - |
| First Hawaiian, Inc. | FHB |
| - |
| - |
| - |
| - |
| - |
| $3.3B |
| 11.99 |
| 1.20 |
| 10.0% |
| - |
| Genworth Financial, Inc. | GNW | $3.2B | 14.56 | 0.37 | 2.5% | - |
| First Financial Bancorp. | FFBC | $3.2B | 12.54 | 1.16 | 9.2% | - |
| Park National Corporation | PRK | $3.1B | 17.38 | 2.31 | 13.3% | - |
| Simmons First National Corporation | SFNC | $3.1B | -7.86 | 0.91 | -11.6% | - |
| Peer Median | - | 12.67 | 1.14 | 9.0% | - | |
Historically, Oct has averaged the highest return (+8.8%); Mar the lowest (-5.2%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.6%Negative MonthJan 2026: -5.59% | +1.6%Neutral MonthFeb 2026: +1.60% | -5.5%Negative MonthMar 2026: -5.49% | +0.5%Neutral MonthApr 2026: +0.52% | -9.4%Negative MonthMay 2026: -9.39% | +8.0%Positive MonthJun 2026: +8.02% | +3.2%Positive MonthJul 2026: +3.19% | -9.1%*Negative MonthAug 2026: -9.05% | — | — | — | — |
| 2025 | +5.1%Positive MonthJan 2025: +5.10% | -7.7%Negative MonthFeb 2025: -7.68% | +0.9%Neutral MonthMar 2025: +0.88% | -0.4%Neutral MonthApr 2025: -0.42% | -3.6%Negative MonthMay 2025: -3.62% | +3.0%Positive MonthJun 2025: +3.02% | -2.9%Negative MonthJul 2025: -2.89% | -2.8%Negative MonthAug 2025: -2.81% | +3.0%Positive MonthSep 2025: +2.98% | -4.8%Negative MonthOct 2025: -4.81% | +12.4%Positive MonthNov 2025: +12.36% | -0.7%Neutral MonthDec 2025: -0.74% |
| 2024 | +8.4%Positive MonthJan 2024: +8.42% | +12.9%Positive MonthFeb 2024: +12.91% | -4.7%Negative MonthMar 2024: -4.75% | -12.1%Negative MonthApr 2024: -12.09% | +1.3%Neutral MonthMay 2024: +1.33% | -0.7%Neutral MonthJun 2024: -0.73% | +6.8%Positive MonthJul 2024: +6.77% | -2.8%Negative MonthAug 2024: -2.78% | -0.7%Neutral MonthSep 2024: -0.70% | +5.0%Positive MonthOct 2024: +4.95% | +11.8%Positive MonthNov 2024: +11.77% | -3.5%Negative MonthDec 2024: -3.51% |
| 2023 | +0.5%Neutral MonthJan 2023: +0.55% | -0.3%Neutral MonthFeb 2023: -0.30% | -19.5%Negative MonthMar 2023: -19.45% | +7.2%Positive MonthApr 2023: +7.16% | -3.9%Negative MonthMay 2023: -3.94% | +7.8%Positive MonthJun 2023: +7.83% | +7.1%Positive MonthJul 2023: +7.13% | -1.6%Neutral MonthAug 2023: -1.57% | +2.9%Positive MonthSep 2023: +2.86% | +3.1%Positive MonthOct 2023: +3.11% | +8.8%Positive MonthNov 2023: +8.83% | +10.2%Positive MonthDec 2023: +10.19% |
| 2022 | +6.2%Positive MonthJan 2022: +6.16% | +16.3%Positive MonthFeb 2022: +16.29% | +2.7%Positive MonthMar 2022: +2.73% | -13.4%Negative MonthApr 2022: -13.37% | +6.7%Positive MonthMay 2022: +6.71% | -5.2%Negative MonthJun 2022: -5.20% | +4.7%Positive MonthJul 2022: +4.66% | -12.5%Negative MonthAug 2022: -12.54% | -5.1%Negative MonthSep 2022: -5.13% | +22.2%Positive MonthOct 2022: +22.17% | +12.5%Positive MonthNov 2022: +12.47% | -6.5%Negative MonthDec 2022: -6.47% |
| 2021 | — | — | — | — | -6.3%Negative MonthMay 2021: -6.33% | -0.3%Neutral MonthJun 2021: -0.31% | +0.7%Neutral MonthJul 2021: +0.70% | +4.3%Positive MonthAug 2021: +4.29% | -6.1%Negative MonthSep 2021: -6.12% | +18.7%Positive MonthOct 2021: +18.74% | -11.9%Negative MonthNov 2021: -11.89% | +2.5%Positive MonthDec 2021: +2.51% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
