Assured Guaranty (AGO) Operating Margin (2009 - 2026)
Assured Guaranty (AGO) reported Operating Margin of 39.72% for Q3 2026, down 1.34 percentage points from 41.06% a year earlier and down 2.33 percentage points from the prior quarter.
Assured Guaranty (AGO) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Assured Guaranty's Operating Margin came in at 32.21%, down 4.80 percentage points year-over-year; for FY2025, it came in at 45.41%, down 0.47 percentage points from FY2024.
- Operating Margin has a five-year change of +28.99 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 45.87% in FY2024 (+11.06 pp), 34.81% in FY2023 (-2.25 pp), 37.07% in FY2022 (+17.85 pp) and 19.22% in FY2021 (+2.81 pp).
- Five-year quarterly Operating Margin spans a low of -32.58% in Q3 2022 and a high of 59.94% in Q4 2023.
- Year over year, Operating Margin gained in two of the last eight quarters, with an average year-over-year change of -9.47 percentage points.
- The high point for year-over-year Operating Margin in five years was Q1 2022 (a gain of 54.89 percentage points); the low point was Q2 2022 (a drop of 40.49 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 42.05% (Q2 2026), 6.51% (Q1 2026) and 43.68% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,268.35 Bn | -165.80 Bn | 56.71 Bn | -32.86% |
| 2 | Chubb | 143.74 Bn | 94.67 Bn | 8.67 Bn | 22.27% |
| 3 | Progressive | 136.59 Bn | 112.11 Bn | 8.29 Bn | 14.33% |
| 4 | Marsh & Mclennan Companies | 98.68 Bn | 91.07 Bn | - | 17.70% |
| 5 | Travelers Companies | 82.62 Bn | 60.10 Bn | 5.93 Bn | 20.04% |
| 6 | Manulife Financial | 75.03 Bn | -19.34 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.55 Bn | 67.18 Bn | 3.33 Bn | 17.18% |
| 8 | Aon | 71.77 Bn | 51.00 Bn | - | 19.73% |
| 9 | Allstate | 66.66 Bn | 23.71 Bn | -9.85 Bn | -3.13% |
| 10 | Assured Guaranty | 3.28 Bn | -1.34 Bn | 212.00 Mn | 39.72% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 39.72% |
| Jun 30, 2026 | 42.05% |
| Mar 31, 2026 | 6.51% |
| Dec 31, 2025 | 43.68% |
| Sep 30, 2025 | 41.06% |
| Jun 30, 2025 | 36.30% |
| Mar 31, 2025 | 39.42% |
| Dec 31, 2024 | 27.56% |
| Sep 30, 2024 | 56.13% |
| Jun 30, 2024 | 43.07% |
| Mar 31, 2024 | 48.57% |
| Dec 31, 2023 | 59.94% |
| Sep 30, 2023 | 20.84% |
| Jun 30, 2023 | 23.33% |
| Mar 31, 2023 | 40.28% |
| Dec 31, 2022 | 41.10% |
| Sep 30, 2022 | -32.58% |
| Jun 30, 2022 | -2.22% |
| Mar 31, 2022 | 41.33% |
| Dec 31, 2021 | 52.47% |
Assured Guaranty Operating 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=operating-margin&ticker=AGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=AGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();