Assured Guaranty (AGO) Gross Margin (2009 - 2026)
Assured Guaranty (AGO) reported Gross Margin of 82.76% for Q1 2026, down 623.0% on a YoY basis from 15.82% in Q1 2025, and down 20.4% quarter-over-quarter from 103.97% in Q4 2025.
Assured Guaranty (AGO) Gross Margin (2009 - 2026) Analysis & Trends
Assured Guaranty has reported Gross Margin for 18 years, with the latest figure at 82.76% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 623.0% year-over-year to 82.76%; the trailing twelve-month figure through Mar 2026 stood at 54.39% (down 39561.0% YoY), and the FY2025 full-year result was 85.26%, changed N/A from the prior year.
- Gross Margin for Q1 2026 stood at 82.76%, down from 103.97% in the prior quarter.
- The five-year high for Gross Margin was 103.97% in Q4 2025, with the low at 1060.0% in Q4 2023.
- Historically, Gross Margin has averaged 8.32% across 5 years, with a median of 82.76% in 2026.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 116199 bps — and 2024, when it jumped 115609 bps.
- Assured Guaranty's Gross Margin stood at 101.99% in 2022, then tumbled by 1139 bps to 1060.0% in 2023, then soared by 109 bps to 96.09% in 2024, then grew by 8 bps to 103.97% in 2025, then dropped by 20 bps to 82.76% in 2026.
- The last three Gross Margin figures came in at 82.76% (Q1 2026), 103.97% (Q4 2025), and 78.74% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 81.15% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 67.24% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 84.70% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 85.88% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 78.95% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 82.76% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 83.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 82.76% |
| Dec 31, 2025 | 103.97% |
| Sep 30, 2025 | 78.74% |
| Jun 30, 2025 | 90.04% |
| Mar 31, 2025 | 88.99% |
| Dec 31, 2024 | 96.09% |
| Sep 30, 2024 | 81.04% |
| Jun 30, 2024 | 97.62% |
| Mar 31, 2024 | 67.23% |
| Dec 31, 2023 | -1,060.00% |
| Sep 30, 2023 | 75.19% |
| Jun 30, 2023 | 16.47% |
| Mar 31, 2023 | 98.59% |
| Dec 31, 2022 | 101.99% |
| Sep 30, 2022 | 58.43% |
| Jun 30, 2022 | 87.78% |
| Mar 31, 2022 | -23.53% |
| Dec 31, 2021 | 125.15% |
| Sep 30, 2021 | -240.00% |
| Jun 30, 2021 | 91.84% |