AGO Q4 2023 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena

AGOAssured Guaranty Ltd.

$4B

Q4 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$282M-7.5% YoY

Gross Profit

$276M97.9% margin

Operating Income

$202M71.6% margin

Net Income

$376M133.3% margin

EPS (Diluted)

$6.45

QoQ Revenue Growth

+83.1%

Cash Flow

Operating Cash Flow

$203M

Free Cash Flow

$203M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$12.5B

Total Liabilities

$6.8B

Stockholders' Equity

$5.7B

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$282M	$305M	-7.5%
Gross Profit	$276M	$257M	+7.4%
Operating Income	$202M	$99M	+104.0%
Net Income	$376M	$94M	+300.0%

Revenue Segments

Insurance Segment

$233M98%

Asset Management Segment

$5M2%