Assured Guaranty (AGO) Operating Margin (2009 - 2026)
Assured Guaranty's (AGO) quarterly Operating Margin came in at 112.2% in Q1 2026, up 8698.0% YoY from 1.28% in Q1 2025, and up 249.19% on a QoQ basis from 32.13% in Q4 2025.
Assured Guaranty (AGO) Operating Margin (2009 - 2026) Analysis & Trends
Assured Guaranty (AGO) has 18 years of Operating Margin data on file, last reported at 112.2% in Q1 2026.
- Quarterly Operating Margin rose 8698.0% year-over-year to 112.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 67.16% (down 3255.0% YoY) and the FY2025 annual result came in at 32.34%, changed N/A from the prior year.
- Operating Margin rose to 112.2% in Q1 2026, from 32.13% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 1900.0% in Q4 2023 to a low of 31.0% in Q4 2024.
- A 5-year average of 233.69% and a median of 100.0% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin soared 187692 bps — and 2024, when it tumbled 193100 bps.
- Tracing AGO's Operating Margin over 5 years: stood at 23.08% in 2022, then soared by 8133 bps to 1900.0% in 2023, then tumbled by 102 bps to 31.0% in 2024, then surged by 204 bps to 32.13% in 2025, then soared by 249 bps to 112.2% in 2026.
- The last three Operating Margin figures came in at 112.2% (Q1 2026), 32.13% (Q4 2025), and 100.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.69 Bn | 8.13 Bn | 3.59 Bn | 20.02% |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 8.68% |
| 3 | Axis Capital Holdings | 7.30 Bn | 6.52 Bn | 819.78 Mn | -35.20% |
| 4 | Enact Holdings | 6.89 Bn | 6.40 Bn | 284.04 Mn | 23.07% |
| 5 | Mgic Investment | 6.51 Bn | 6.29 Bn | 284.40 Mn | 20.13% |
| 6 | Essent | 6.25 Bn | 6.25 Bn | 313.73 Mn | 16.99% |
| 7 | Ryan Specialty Holdings | 5.36 Bn | 5.22 Bn | - | 19.67% |
| 8 | Radian | 4.98 Bn | 4.24 Bn | 380.01 Mn | 12.99% |
| 9 | NMI Holdings | 3.46 Bn | 3.39 Bn | 157.40 Mn | 16.14% |
| 10 | Assured Guaranty | 3.28 Bn | -513.70 Mn | 156.00 Mn | 50.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 50.26% |
| Mar 31, 2026 | 112.20% |
| Dec 31, 2025 | 32.13% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 25.22% |
| Dec 31, 2024 | -31.00% |
| Sep 30, 2024 | 84.54% |
| Jun 30, 2024 | 40.10% |
| Mar 31, 2024 | 70.59% |
| Dec 31, 2023 | 1,900.00% |
| Jun 30, 2023 | 329.63% |
| Mar 31, 2023 | 311.54% |
| Dec 31, 2022 | 23.08% |
| Sep 30, 2022 | 163.41% |
| Jun 30, 2022 | 295.24% |
| Mar 31, 2022 | 182.35% |
| Dec 31, 2021 | 282.61% |
| Sep 30, 2021 | 330.00% |
| Jun 30, 2021 | 66.67% |