Assured Guaranty (AGO) Operating Margin (2009 - 2026)
Assured Guaranty (AGO) reported Operating Margin of 28.72% for Q2 2026, down 7.58 percentage points from 36.30% a year earlier but up 22.20 percentage points from the prior quarter.
Assured Guaranty (AGO) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Assured Guaranty's Operating Margin came in at 29.68%, down 11.42 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 (+11.16 pp), 23.65% in FY2022 (+4.43 pp) and 19.22% in FY2021 (+2.81 pp).
- Five-year quarterly Operating Margin spans a low of -40.57% in Q3 2021 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 -6.56 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2023 (a gain of 60.00 percentage points); the low point was Q2 2022 (a drop of 74.93 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.51% (Q1 2026), 43.68% (Q4 2025) and 41.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | -19.39% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | -43.89% |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 25.65% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | -25.96% |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -53.77% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 21.55% |
| 10 | Assured Guaranty | 3.02 Bn | -754.66 Mn | 191.00 Mn | 28.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.72% |
| 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 | -36.67% |
| Mar 31, 2022 | 15.67% |
| Dec 31, 2021 | 52.47% |
| Sep 30, 2021 | -40.57% |
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();