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Side-by-side financial comparison of ASSURED GUARANTY LTD (AGO) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
ASSURED GUARANTY LTD is the larger business by last-quarter revenue ($277.0M vs $273.0M, roughly 1.0× Forestar Group Inc.). ASSURED GUARANTY LTD runs the higher net margin — 43.0% vs 5.6%, a 37.3% gap on every dollar of revenue. On growth, ASSURED GUARANTY LTD posted the faster year-over-year revenue change (77.6% vs 9.0%). Over the past eight quarters, ASSURED GUARANTY LTD's revenue compounded faster (6.3% CAGR vs -9.6%).
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".
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
AGO vs FOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $277.0M | $273.0M |
| Net Profit | $119.0M | $15.4M |
| Gross Margin | — | 20.1% |
| Operating Margin | 59.6% | 7.6% |
| Net Margin | 43.0% | 5.6% |
| Revenue YoY | 77.6% | 9.0% |
| Net Profit YoY | 561.1% | -6.7% |
| EPS (diluted) | $2.56 | $0.30 |
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 | $273.0M | ||
| Q3 25 | $207.0M | $670.5M | ||
| Q2 25 | $281.0M | $390.5M | ||
| Q1 25 | $345.0M | $351.0M | ||
| Q4 24 | $156.0M | $250.4M | ||
| Q3 24 | $269.0M | $551.3M | ||
| Q2 24 | $202.0M | $318.4M | ||
| Q1 24 | $245.0M | $333.8M |
| Q4 25 | $119.0M | $15.4M | ||
| Q3 25 | $105.0M | $86.9M | ||
| Q2 25 | $103.0M | $32.9M | ||
| Q1 25 | $176.0M | $31.6M | ||
| Q4 24 | $18.0M | $16.5M | ||
| Q3 24 | $171.0M | $81.5M | ||
| Q2 24 | $78.0M | $38.7M | ||
| Q1 24 | $109.0M | $45.0M |
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% | ||
| Q1 24 | — | 24.9% |
| Q4 25 | 59.6% | 7.6% | ||
| Q3 25 | 65.2% | 16.9% | ||
| Q2 25 | 47.3% | 11.2% | ||
| Q1 25 | 66.4% | 11.6% | ||
| Q4 24 | 19.2% | 8.7% | ||
| Q3 24 | 81.8% | 19.7% | ||
| Q2 24 | 46.5% | 16.2% | ||
| Q1 24 | 58.8% | 17.6% |
| Q4 25 | 43.0% | 5.6% | ||
| Q3 25 | 50.7% | 13.0% | ||
| Q2 25 | 36.7% | 8.4% | ||
| Q1 25 | 51.0% | 9.0% | ||
| Q4 24 | 11.5% | 6.6% | ||
| Q3 24 | 63.6% | 14.8% | ||
| Q2 24 | 38.6% | 12.2% | ||
| Q1 24 | 44.5% | 13.5% |
| Q4 25 | $2.56 | $0.30 | ||
| Q3 25 | $2.18 | $1.70 | ||
| Q2 25 | $2.08 | $0.65 | ||
| Q1 25 | $3.44 | $0.62 | ||
| Q4 24 | $0.40 | $0.32 | ||
| Q3 24 | $3.17 | $1.59 | ||
| Q2 24 | $1.41 | $0.76 | ||
| Q1 24 | $1.89 | $0.89 |
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 | $211.7M |
| Total DebtLower is stronger | $1.7B | $793.2M |
| Stockholders' EquityBook value | $5.7B | $1.8B |
| Total Assets | $12.2B | $3.2B |
| Debt / EquityLower = less leverage | 0.30× | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $903.0M | $211.7M | ||
| Q3 25 | $1.3B | $379.2M | ||
| Q2 25 | $939.0M | $189.2M | ||
| Q1 25 | $1.2B | $174.3M | ||
| Q4 24 | $1.2B | $132.0M | ||
| Q3 24 | $1.5B | $481.2M | ||
| Q2 24 | $1.7B | $359.2M | ||
| Q1 24 | $1.6B | $416.2M |
| Q4 25 | $1.7B | $793.2M | ||
| Q3 25 | $1.7B | $802.7M | ||
| Q2 25 | $1.7B | $872.8M | ||
| Q1 25 | $1.7B | $872.5M | ||
| Q4 24 | $1.7B | $806.8M | ||
| Q3 24 | $1.7B | $706.4M | ||
| Q2 24 | $1.7B | $706.1M | ||
| Q1 24 | $1.7B | $705.7M |
| Q4 25 | $5.7B | $1.8B | ||
| Q3 25 | $5.7B | $1.8B | ||
| Q2 25 | $5.6B | $1.7B | ||
| Q1 25 | $5.6B | $1.6B | ||
| Q4 24 | $5.5B | $1.6B | ||
| Q3 24 | $5.7B | $1.6B | ||
| Q2 24 | $5.5B | $1.5B | ||
| Q1 24 | $5.6B | $1.5B |
| Q4 25 | $12.2B | $3.2B | ||
| Q3 25 | $12.1B | $3.1B | ||
| Q2 25 | $12.1B | $3.1B | ||
| Q1 25 | $11.9B | $3.0B | ||
| Q4 24 | $11.9B | $3.0B | ||
| Q3 24 | $12.3B | $2.8B | ||
| Q2 24 | $12.1B | $2.7B | ||
| Q1 24 | $12.2B | $2.6B |
| Q4 25 | 0.30× | 0.44× | ||
| Q3 25 | 0.30× | 0.45× | ||
| Q2 25 | 0.30× | 0.52× | ||
| Q1 25 | 0.30× | 0.53× | ||
| Q4 24 | 0.31× | 0.50× | ||
| Q3 24 | 0.30× | 0.44× | ||
| Q2 24 | 0.31× | 0.47× | ||
| Q1 24 | 0.30× | 0.48× |
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 | $-157.0M |
| Free Cash FlowOCF − Capex | — | $-157.1M |
| FCF MarginFCF / Revenue | — | -57.5% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | 2.18× | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $259.0M | $-157.0M | ||
| Q3 25 | $55.0M | $256.3M | ||
| Q2 25 | $78.0M | $15.8M | ||
| Q1 25 | $87.0M | $-19.8M | ||
| Q4 24 | $47.0M | $-450.0M | ||
| Q3 24 | $17.0M | $119.2M | ||
| Q2 24 | $58.0M | $-61.7M | ||
| Q1 24 | $-74.0M | $-59.2M |
| Q4 25 | — | $-157.1M | ||
| Q3 25 | — | $255.6M | ||
| Q2 25 | — | $15.0M | ||
| Q1 25 | — | $-20.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $-62.3M | ||
| Q1 24 | — | $-59.8M |
| Q4 25 | — | -57.5% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | -19.6% | ||
| Q1 24 | — | -17.9% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | 2.18× | -10.19× | ||
| Q3 25 | 0.52× | 2.95× | ||
| Q2 25 | 0.76× | 0.48× | ||
| Q1 25 | 0.49× | -0.63× | ||
| Q4 24 | 2.61× | -27.27× | ||
| Q3 24 | 0.10× | 1.46× | ||
| Q2 24 | 0.74× | -1.59× | ||
| Q1 24 | -0.68× | -1.32× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
