MARKETS / NYSE / AGO
NYSE · SURETY INSURANCE · LARGE CAP

Assured Guaranty Ltd. AGO

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY15 YEARS OF DIVIDEND GROWTH
Dividend streak
15 yrs
Raised every year since 2011
EPS · FY25
$10.26
Dividend / sh · FY25
$1.36
Payout · FY25
14%
ROE · FY25
9.0%
Net margin · FY25
Dividend coverage
7.5×
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Result
Revenue, FY2025 · full 18-year series below
Revenue Net income
0.81.62.40.00.52008201120142017202020232025
0.81.62.40.00.52016201920222025

Per share
USD 10.26
Diluted EPS, FY2025
EPS Dividend
510151.3610.262008201120142017202020232025
510151.3610.262016201920222025

Earnings covered the dividend 7.5 times — the rest stayed in the company.

Profitability
9.0%
Return on equity, FY2025
ROE
816249.0%2008201120142017202020232025
816249.0%2016201920222025
Operating margin
Net margin
Return on assets4.2%

Each USD of equity produced 9 cents of profit this year.

Returned to shareholders
USD 568.0M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 68.0M
Net buybacksUSD 500.0M
Share of profit112.9%
Consecutive raises15 years

USD 68.0M in dividends and USD 500.0M in buybacks — 113% of the year's profit, so the payout drew on cash built up earlier.

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Net income
+59.5%
+6.8%
−7.1%
+0.3%
EPS, diluted
+74.8%
+19.6%
+3.8%
+9.7%
Dividend / share
+10.8%
+11.2%
+11.0%
+25.5%
Returned to shareholders
+0.2%
+2.0%
−0.9%
+18.8%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.05B
Shares outstanding, FY2025
0.180.052008201120142017202020232025
0.130.052016201920222025
Change, 5 years−41.7%
Change, 10 years−67.2%

The share count shrank 42% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 12.2B
total assets, end of FY2025
Total assetsUSD 12.2B
EquityUSD 5.7B
CashUSD 419.0M
Gross debtUSD 1.7B
Net debtUSD 1.3B

Net debt stands at 23% of equity.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
0.0
0.0
0.1
0.1
0.1
0.1
0.0
0.0
0.0
1.7
2.2
2.0
1.6
1.0
1.8
1.3
0.9
0.6
Operating income $B
0.7
0.5
0.7
0.1
0.5
0.4
0.5
0.6
1.0
·
·
·
·
·
·
·
·
·
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
0.1
0.1
−0.1
0.0
0.1
0.0
0.1
0.1
0.3
0.1
0.4
0.4
0.3
0.0
0.3
0.1
0.0
0.0
Net income $B
0.5
0.4
0.7
0.1
0.4
0.4
0.4
0.5
0.7
0.9
1.1
1.1
0.8
0.1
0.8
0.5
0.1
0.1
EPS, diluted $
10.26
6.87
12.30
1.92
5.23
4.19
4.00
4.68
5.96
6.56
7.08
6.26
4.30
0.57
4.16
2.56
0.66
0.77
Dividend / sh $
1.36
1.24
1.12
1.00
0.88
0.80
0.72
0.64
0.57
0.52
0.48
0.44
0.40
0.36
0.18
0.04
0.18
0.18
Payout %
14
18
9
52
17
19
18
14
10
8
7
7
9
63
4
7
26
23
ROE %
9.0
6.7
13.7
2.2
6.0
5.5
6.1
7.8
10.9
14.0
17.9
20.0
16.0
2.3
18.6
13.5
2.4
·
Shares out B
0.05
0.05
0.06
0.06
0.07
0.08
0.09
0.10
0.12
0.13
0.14
0.16
0.18
0.19
0.18
0.18
0.18
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
34 of 34
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed