Assured Guaranty (AGO) Gross Margin (2009 - 2026)
Assured Guaranty (AGO) reported Gross Margin of 99.07% for Q3 2026, up 13.56 percentage points from 85.51% a year earlier and up 1.12 percentage points from the prior quarter.
Assured Guaranty (AGO) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Assured Guaranty's Gross Margin came in at 95.67%, up 2.75 percentage points year-over-year; for FY2025, it was 94.95%, down 2.06 percentage points from FY2024.
- Gross Margin has a five-year change of +13.16 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 97.02% in FY2024 (+8.82 pp), 88.20% in FY2023 (-9.59 pp), 97.79% in FY2022 (+23.73 pp) and 74.06% in FY2021 (-7.74 pp).
- The Q3 2026 figure ranks as the highest quarterly Gross Margin since Q4 2024.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of +0.66 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 67.57 percentage points); the low point was Q3 2022 (a drop of 52.19 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 97.95% (Q2 2026), 93.49% (Q1 2026) and 93.50% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,268.35 Bn | -165.80 Bn | 56.71 Bn | 53.68% |
| 2 | Chubb | 143.74 Bn | 94.67 Bn | 8.67 Bn | 53.53% |
| 3 | Progressive | 136.59 Bn | 112.11 Bn | 8.29 Bn | 35.74% |
| 4 | Marsh & Mclennan Companies | 98.68 Bn | 91.07 Bn | - | - |
| 5 | Travelers Companies | 82.62 Bn | 60.10 Bn | 5.93 Bn | 47.74% |
| 6 | Manulife Financial | 75.03 Bn | -19.34 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.55 Bn | 67.18 Bn | 3.33 Bn | 83.78% |
| 8 | Aon | 71.77 Bn | 51.00 Bn | - | - |
| 9 | Allstate | 66.66 Bn | 23.71 Bn | -9.85 Bn | -10,257.29% |
| 10 | Assured Guaranty | 3.28 Bn | -1.34 Bn | 212.00 Mn | 99.07% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 99.07% |
| Jun 30, 2026 | 97.95% |
| Mar 31, 2026 | 93.49% |
| Dec 31, 2025 | 93.50% |
| Sep 30, 2025 | 85.51% |
| Jun 30, 2025 | 90.04% |
| Mar 31, 2025 | 88.41% |
| Dec 31, 2024 | 117.95% |
| Sep 30, 2024 | 81.04% |
| Jun 30, 2024 | 99.01% |
| Mar 31, 2024 | 99.59% |
| Dec 31, 2023 | 99.08% |
| Sep 30, 2023 | 75.19% |
| Jun 30, 2023 | 84.72% |
| Mar 31, 2023 | 98.59% |
| Dec 31, 2022 | 104.45% |
| Sep 30, 2022 | 15.73% |
| Jun 30, 2022 | 87.78% |
| Mar 31, 2022 | 81.00% |
| Dec 31, 2021 | 36.88% |
Assured Guaranty Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();