What is Assured Guaranty's asset management — expenses?

Assured Guaranty (AGO) reported asset management — expenses of $0 in Q2 2026.

How has Assured Guaranty's asset management — expenses changed year-over-year?

Assured Guaranty's asset management — expenses decreased by 100.0% year-over-year, from $9M to $0.

What is the long-term trend for Assured Guaranty's asset management — expenses?

Over 4 years (2021 to 2025), Assured Guaranty's asset management — expenses has grown at a -37.0% compound annual growth rate (CAGR), from $108M to $17M.

What does asset management — expenses mean?

The aggregate operating costs incurred to support the asset management segment, including personnel, administrative, and overhead expenses. Monitoring this helps evaluate the operational efficiency and cost structure of the segment relative to its revenue generation.

Assured Guaranty (AGO) Asset Management — Expenses

Screener

Other segment segments

Financial Guaranty

$87M—

Annuity Reinsurance Segment

$13M—

Similar metrics at other companies

WTMAsset Management (Kudu) — Total expenses

$11.9M+22.7%

STCTitle — Benefits, Losses and Expenses

$595.12M+18.3%

LCorporate — Benefits, Losses and Expenses

$45M+9.8%

FNFTitle — Benefits, Losses and Expenses

$1.79B+11.9%

PRUPGIM — Total benefits and expenses

$813M-0.1%

PRURetirement — Total benefits and expenses

$3.78B+2.8%

Other financials

Income statement

See full

Revenue$195.0M-30.6%

Net income$39.0M-62.1%

EPS (diluted)$0.88-57.7%

Balance sheet

See full

Cash & equivalents$310.0M+3.0%

Total debt$1.7B+0.3%

Total equity$5.6B-1.3%

Total assets$12.6B+4.5%

Cash flow

See full

Operating cash flow$40.0M-48.7%

Valuation

See full

Market cap$3.66B-13.4%

Enterprise value$5.05B-10.1%

P/E10.4×+1.4×

P/S3.9×-0.1×

Profitability

See full

Net margin37.3%-7.2pp

Returns & leverage

See full

Return on equity6.3%-2.1pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Assured Guaranty in its filing.

Tagged under the XBRL concept us-gaap:BenefitsLossesAndExpenses.

The source filing: Assured Guaranty’s 10-Q, filed August 7, 2026.

Filed: Aug 7, 2026, 8:34 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001273813-26-000077

The Asset Management segment includes the results of the Company’s equity method ownership interest in Sound Point and other asset management-related incentive fees and expenses. The incentive fees are performance fees earned by the consolidated general partner of a fund managed by Sound Point. There were no Asset Management revenues and expenses recognized in second quarter 2026. The Asset Management segment recognized revenues of this general partnership of $15 million, $118 million and $21 million in second quarter 2025, six months 2026 and six months 2025, respectively. The Asset Management segment recognized expenses of this general partnership of $9 million, $68 million and $13 million in second quarter 2025, six months 2026 and six months 2025, respectively. For segment reporting, the Company includes intersegment revenues, which are eliminated in consolidation, but are included in the measure of Asset Management segment’s results. At the end of the first quarter of 2026, the Company deconsolidated this general partner and the corresponding CIV after the payout of carried interest from the sale of the underlying asset in a single-asset fund. See Note 10. Variable Interest Entities.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Assured Guaranty's asset management — expenses?: Assured Guaranty (AGO) reported asset management — expenses of $0 in Q2 2026.
How has Assured Guaranty's asset management — expenses changed year-over-year?: Assured Guaranty's asset management — expenses decreased by 100.0% year-over-year, from $9M to $0.
What is the long-term trend for Assured Guaranty's asset management — expenses?: Over 4 years (2021 to 2025), Assured Guaranty's asset management — expenses has grown at a -37.0% compound annual growth rate (CAGR), from $108M to $17M.
What does asset management — expenses mean?: The aggregate operating costs incurred to support the asset management segment, including personnel, administrative, and overhead expenses. Monitoring this helps evaluate the operational efficiency and cost structure of the segment relative to its revenue generation.