vs
Side-by-side financial comparison of ASSURED GUARANTY LTD (AGO) and CSW INDUSTRIALS, INC. (CSW). Click either name above to swap in a different company.
ASSURED GUARANTY LTD is the larger business by last-quarter revenue ($277.0M vs $233.0M, roughly 1.2× CSW INDUSTRIALS, INC.). ASSURED GUARANTY LTD runs the higher net margin — 43.0% vs 4.4%, a 38.6% gap on every dollar of revenue. On growth, ASSURED GUARANTY LTD posted the faster year-over-year revenue change (77.6% vs 20.3%). Over the past eight quarters, ASSURED GUARANTY LTD's revenue compounded faster (6.3% CAGR vs 5.1%).
Assured Investment Management (AIM) was an institutional asset management firm with a heritage in credit strategies, managing approximately $15.2 billion as of its defunct status in July 2023. Secondaries Investors referred to AIM as "one of the world's most prominent hedge funds".
AGO vs CSW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $277.0M | $233.0M |
| Net Profit | $119.0M | $10.3M |
| Gross Margin | — | 39.7% |
| Operating Margin | 59.6% | 7.4% |
| Net Margin | 43.0% | 4.4% |
| Revenue YoY | 77.6% | 20.3% |
| Net Profit YoY | 561.1% | -61.9% |
| EPS (diluted) | $2.56 | $0.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $277.0M | $233.0M | ||
| Q3 25 | $207.0M | $277.0M | ||
| Q2 25 | $281.0M | $263.6M | ||
| Q1 25 | $345.0M | $230.5M | ||
| Q4 24 | $156.0M | $193.6M | ||
| Q3 24 | $269.0M | $227.9M | ||
| Q2 24 | $202.0M | $226.2M | ||
| Q1 24 | $245.0M | $210.9M |
| Q4 25 | $119.0M | $10.3M | ||
| Q3 25 | $105.0M | $40.7M | ||
| Q2 25 | $103.0M | $40.9M | ||
| Q1 25 | $176.0M | $35.1M | ||
| Q4 24 | $18.0M | $26.9M | ||
| Q3 24 | $171.0M | $36.1M | ||
| Q2 24 | $78.0M | $38.6M | ||
| Q1 24 | $109.0M | $31.8M |
| Q4 25 | — | 39.7% | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | 43.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | — | 47.5% | ||
| Q1 24 | — | 44.4% |
| Q4 25 | 59.6% | 7.4% | ||
| Q3 25 | 65.2% | 20.5% | ||
| Q2 25 | 47.3% | 20.8% | ||
| Q1 25 | 66.4% | 19.5% | ||
| Q4 24 | 19.2% | 15.3% | ||
| Q3 24 | 81.8% | 22.6% | ||
| Q2 24 | 46.5% | 24.3% | ||
| Q1 24 | 58.8% | 21.0% |
| Q4 25 | 43.0% | 4.4% | ||
| Q3 25 | 50.7% | 14.7% | ||
| Q2 25 | 36.7% | 15.5% | ||
| Q1 25 | 51.0% | 15.2% | ||
| Q4 24 | 11.5% | 13.9% | ||
| Q3 24 | 63.6% | 15.8% | ||
| Q2 24 | 38.6% | 17.1% | ||
| Q1 24 | 44.5% | 15.1% |
| Q4 25 | $2.56 | $0.62 | ||
| Q3 25 | $2.18 | $2.41 | ||
| Q2 25 | $2.08 | $2.43 | ||
| Q1 25 | $3.44 | $2.05 | ||
| Q4 24 | $0.40 | $1.60 | ||
| Q3 24 | $3.17 | $2.26 | ||
| Q2 24 | $1.41 | $2.47 | ||
| Q1 24 | $1.89 | $2.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $903.0M | $40.2M |
| Total DebtLower is stronger | $1.7B | — |
| Stockholders' EquityBook value | $5.7B | $1.1B |
| Total Assets | $12.2B | $2.3B |
| Debt / EquityLower = less leverage | 0.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $903.0M | $40.2M | ||
| Q3 25 | $1.3B | $31.5M | ||
| Q2 25 | $939.0M | $38.0M | ||
| Q1 25 | $1.2B | $225.8M | ||
| Q4 24 | $1.2B | $213.8M | ||
| Q3 24 | $1.5B | $273.2M | ||
| Q2 24 | $1.7B | $18.9M | ||
| Q1 24 | $1.6B | $22.2M |
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | $800.1M | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.7B | $166.0M |
| Q4 25 | $5.7B | $1.1B | ||
| Q3 25 | $5.7B | $1.1B | ||
| Q2 25 | $5.6B | $1.1B | ||
| Q1 25 | $5.6B | $1.1B | ||
| Q4 24 | $5.5B | $1.0B | ||
| Q3 24 | $5.7B | $1.0B | ||
| Q2 24 | $5.5B | $650.2M | ||
| Q1 24 | $5.6B | $615.7M |
| Q4 25 | $12.2B | $2.3B | ||
| Q3 25 | $12.1B | $1.5B | ||
| Q2 25 | $12.1B | $1.5B | ||
| Q1 25 | $11.9B | $1.4B | ||
| Q4 24 | $11.9B | $1.4B | ||
| Q3 24 | $12.3B | $1.4B | ||
| Q2 24 | $12.1B | $1.1B | ||
| Q1 24 | $12.2B | $1.0B |
| Q4 25 | 0.30× | — | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.30× | 0.75× | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.30× | — | ||
| Q2 24 | 0.31× | — | ||
| Q1 24 | 0.30× | 0.27× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $259.0M | $28.9M |
| Free Cash FlowOCF − Capex | — | $22.7M |
| FCF MarginFCF / Revenue | — | 9.8% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | 2.18× | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | — | $162.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $259.0M | $28.9M | ||
| Q3 25 | $55.0M | $61.8M | ||
| Q2 25 | $78.0M | $60.6M | ||
| Q1 25 | $87.0M | $27.3M | ||
| Q4 24 | $47.0M | $11.6M | ||
| Q3 24 | $17.0M | $66.8M | ||
| Q2 24 | $58.0M | $62.7M | ||
| Q1 24 | $-74.0M | $22.4M |
| Q4 25 | — | $22.7M | ||
| Q3 25 | — | $58.7M | ||
| Q2 25 | — | $57.7M | ||
| Q1 25 | — | $22.8M | ||
| Q4 24 | — | $8.5M | ||
| Q3 24 | — | $61.3M | ||
| Q2 24 | — | $59.6M | ||
| Q1 24 | — | $17.5M |
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 21.2% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | — | 9.9% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 26.9% | ||
| Q2 24 | — | 26.3% | ||
| Q1 24 | — | 8.3% |
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | 2.18× | 2.81× | ||
| Q3 25 | 0.52× | 1.52× | ||
| Q2 25 | 0.76× | 1.48× | ||
| Q1 25 | 0.49× | 0.78× | ||
| Q4 24 | 2.61× | 0.43× | ||
| Q3 24 | 0.10× | 1.85× | ||
| Q2 24 | 0.74× | 1.62× | ||
| Q1 24 | -0.68× | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGO
| Insurance Segment | $226.0M | 82% |
| Other | $37.0M | 13% |
| Gain Loss On Investments Member1 | $8.0M | 3% |
| Non Credit Impairment Related Unrealized Fair Value Gains Losses On Credit Derivatives | $6.0M | 2% |
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
