AGO Q4 2020 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena

AGOAssured Guaranty Ltd.

$4B

Q4 2020 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$377M+27.8% YoY

Gross Profit

$299M79.3% margin

Operating Income

$174M46.2% margin

Net Income

$148M39.3% margin

EPS (Diluted)

$1.91

QoQ Revenue Growth

+50.8%

Cash Flow

Operating Cash Flow

-$189M

Free Cash Flow

-$189M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$15.3B

Total Liabilities

$8.6B

Stockholders' Equity

$6.6B

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$377M	$295M	+27.8%
Gross Profit	$299M	$272M	+9.9%
Operating Income	$174M	$138M	+26.1%
Net Income	$148M	$137M	+8.0%

Revenue Segments

Asset Management Fees, CLO's

$17M27%

Collateralized Loan Obligations, Before Rebates

$16M26%

Reimbursable Fund Expense

$12M19%

Collateralized Loan Obligation Service

$10M16%

Wind-down Funds

$4M6%

Opportunity Funds

$3M5%

Geographic Segments

UNITED STATES

$209M81%

BERMUDA

$50M19%