AGO Assured Guaranty margins

Relative Growth: Rel. Growth: 48

Relative Strength: Rel. Strength: 31

Relative Valuation: Rel. Valuation: 72

Relative Profitability: Rel. Profitability: 67

Gross margin

90.2%

Operating margin

46.4%

EBITDA margin

50.6%

Net margin

37.3%

At present, Assured Guaranty reports a gross margin of 90.2%, an operating margin of 46.4%, an EBITDA margin of 50.6%, and a net margin of 37.3%. The company's available margins all declined, with EBITDA margin recording the strongest contraction of 14.2 percentage points.

AGO margin history

Gross, operating, EBITDA and net margin trends

Assured Guaranty's margins averaged 94.01% gross, 56.14% operating, 60.74% EBITDA, and 49.06% net during the last 3 years. Compared with their three-year averages, all four current margins are lower.

AGO margin expansion

Year-over-year margin changes in percentage points

All available margins contracted year over year, led by EBITDA margin with a decline of 14.2 percentage points.

Gross margin expansion

-4.3pp

Operating margin expansion

-11.9pp

EBITDA margin expansion

-14.2pp

Net margin expansion

-7.2pp

AGO Gross margin

Over the last 3 years, the average gross margin for Assured Guaranty was 94.01%. Compared with its three-year average, Assured Guaranty's current gross margin is 90.2% and is 3.8 percentage points below its three-year average. Assured Guaranty's gross margin ranged from a low of 88.2% in Dec 2023 to a high of 104.9% in Sep 2024.

AGO Operating margin

Assured Guaranty recorded an average operating margin of 56.14% across the last 3 years. The latest operating margin for Assured Guaranty is 46.4%, 9.7 percentage points below its three-year average. Assured Guaranty's operating margin ranged from a low of 46.4% in Jun 2026 to a high of 67.2% in Sep 2024.

AGO EBITDA margin

Over the last 3 years, Assured Guaranty's EBITDA margin averaged 60.74%. The current EBITDA margin of 50.6% is 10.1 percentage points below its three-year average. During this period, EBITDA margin reached a high of 70.6% in Sep 2024 and a low of 50.6% in Jun 2026.

AGO Net margin

Reviewing the last 3 years, Assured Guaranty recorded an average net margin of 49.06%. Assured Guaranty's current net margin is 37.3% and is 11.8 percentage points below its three-year average. The highest net margin for Assured Guaranty was 70.4% in Sep 2024, while the lowest was 37.3% in Jun 2026.

AGO margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 90.2%, AGO stands above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 83.7%, Assured Guaranty's gross margin is 8% higher.

AGO margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Assured Guaranty's gross margin?

The current gross margin for AGO is 90.2% as of Jun 30, 2026.

What is Assured Guaranty's operating margin?

The current operating margin for AGO is 46.4% as of Jun 30, 2026.

What is Assured Guaranty's EBITDA margin?

For the period ending Jun 30, 2026, AGO recorded an EBITDA margin of 50.6%.

What is Assured Guaranty's net margin?

As of Jun 30, 2026, AGO has a net margin of 37.3%.

What are the average margins of AGO?

Assured Guaranty's gross, operating, EBITDA, and net margins averaged 94.0% gross, 56.1% operating, 60.7% EBITDA, and 49.1% net over the last 3 years.

What are the highest historical margins of AGO?

Within the 5-year period, AGO recorded its highest margins at 128.1% gross in Sep 2022, 76.4% operating in Mar 2022, 70.6% EBITDA in Sep 2024, and 70.4% net in Sep 2024.

What are the lowest historical margins of AGO?

Looking back across 5 years, AGO reached its lowest margins at 84.8% gross in Sep 2023, 37.1% operating in Dec 2022, 29.9% EBITDA in Dec 2022, and 17.2% net in Dec 2022.