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Side-by-side financial comparison of ASSURED GUARANTY LTD (AGO) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

ASSURED GUARANTY LTD is the larger business by last-quarter revenue ($277.0M vs $270.8M, roughly 1.0× HUTCHMED (China) Ltd). ASSURED GUARANTY LTD runs the higher net margin — 43.0% vs 0.7%, a 42.2% gap on every dollar of revenue. On growth, ASSURED GUARANTY LTD posted the faster year-over-year revenue change (77.6% vs -16.5%).

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".

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

AGO vs HCM — Head-to-Head

Bigger by revenue
AGO
AGO
1.0× larger
AGO
$277.0M
$270.8M
HCM
Growing faster (revenue YoY)
AGO
AGO
+94.1% gap
AGO
77.6%
-16.5%
HCM
Higher net margin
AGO
AGO
42.2% more per $
AGO
43.0%
0.7%
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AGO
AGO
HCM
HCM
Revenue
$277.0M
$270.8M
Net Profit
$119.0M
$2.0M
Gross Margin
37.7%
Operating Margin
59.6%
-13.2%
Net Margin
43.0%
0.7%
Revenue YoY
77.6%
-16.5%
Net Profit YoY
561.1%
-83.6%
EPS (diluted)
$2.56
$0.00

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.

Revenue
AGO
AGO
HCM
HCM
Q4 25
$277.0M
$270.8M
Q3 25
$207.0M
Q2 25
$281.0M
$277.7M
Q1 25
$345.0M
$324.5M
Q4 24
$156.0M
Q3 24
$269.0M
Q2 24
$202.0M
$305.7M
Q1 24
$245.0M
Net Profit
AGO
AGO
HCM
HCM
Q4 25
$119.0M
$2.0M
Q3 25
$105.0M
Q2 25
$103.0M
$455.0M
Q1 25
$176.0M
$11.9M
Q4 24
$18.0M
Q3 24
$171.0M
Q2 24
$78.0M
$25.8M
Q1 24
$109.0M
Gross Margin
AGO
AGO
HCM
HCM
Q4 25
37.7%
Q3 25
Q2 25
0.1%
Q1 25
48.0%
Q4 24
Q3 24
Q2 24
41.1%
Q1 24
Operating Margin
AGO
AGO
HCM
HCM
Q4 25
59.6%
-13.2%
Q3 25
65.2%
Q2 25
47.3%
-1.3%
Q1 25
66.4%
-5.0%
Q4 24
19.2%
Q3 24
81.8%
Q2 24
46.5%
-9.0%
Q1 24
58.8%
Net Margin
AGO
AGO
HCM
HCM
Q4 25
43.0%
0.7%
Q3 25
50.7%
Q2 25
36.7%
163.8%
Q1 25
51.0%
3.7%
Q4 24
11.5%
Q3 24
63.6%
Q2 24
38.6%
8.4%
Q1 24
44.5%
EPS (diluted)
AGO
AGO
HCM
HCM
Q4 25
$2.56
$0.00
Q3 25
$2.18
Q2 25
$2.08
$0.52
Q1 25
$3.44
$0.01
Q4 24
$0.40
Q3 24
$3.17
Q2 24
$1.41
$0.03
Q1 24
$1.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGO
AGO
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$903.0M
$1.4B
Total DebtLower is stronger
$1.7B
$93.2M
Stockholders' EquityBook value
$5.7B
$1.2B
Total Assets
$12.2B
$1.8B
Debt / EquityLower = less leverage
0.30×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGO
AGO
HCM
HCM
Q4 25
$903.0M
$1.4B
Q3 25
$1.3B
Q2 25
$939.0M
$1.4B
Q1 25
$1.2B
$836.1M
Q4 24
$1.2B
Q3 24
$1.5B
Q2 24
$1.7B
$802.5M
Q1 24
$1.6B
Total Debt
AGO
AGO
HCM
HCM
Q4 25
$1.7B
$93.2M
Q3 25
$1.7B
Q2 25
$1.7B
$93.4M
Q1 25
$1.7B
$82.8M
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
$82.1M
Q1 24
$1.7B
Stockholders' Equity
AGO
AGO
HCM
HCM
Q4 25
$5.7B
$1.2B
Q3 25
$5.7B
Q2 25
$5.6B
$1.2B
Q1 25
$5.6B
$759.9M
Q4 24
$5.5B
Q3 24
$5.7B
Q2 24
$5.5B
$740.1M
Q1 24
$5.6B
Total Assets
AGO
AGO
HCM
HCM
Q4 25
$12.2B
$1.8B
Q3 25
$12.1B
Q2 25
$12.1B
$1.8B
Q1 25
$11.9B
$1.3B
Q4 24
$11.9B
Q3 24
$12.3B
Q2 24
$12.1B
$1.3B
Q1 24
$12.2B
Debt / Equity
AGO
AGO
HCM
HCM
Q4 25
0.30×
0.08×
Q3 25
0.30×
Q2 25
0.30×
0.08×
Q1 25
0.30×
0.11×
Q4 24
0.31×
Q3 24
0.30×
Q2 24
0.31×
0.11×
Q1 24
0.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGO
AGO
HCM
HCM
Operating Cash FlowLast quarter
$259.0M
$8.2M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
2.18×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGO
AGO
HCM
HCM
Q4 25
$259.0M
$8.2M
Q3 25
$55.0M
Q2 25
$78.0M
$-72.9M
Q1 25
$87.0M
$40.3M
Q4 24
$47.0M
Q3 24
$17.0M
Q2 24
$58.0M
$-39.8M
Q1 24
$-74.0M
Free Cash Flow
AGO
AGO
HCM
HCM
Q4 25
$3.4M
Q3 25
Q2 25
$-82.2M
Q1 25
$32.5M
Q4 24
Q3 24
Q2 24
$-49.9M
Q1 24
FCF Margin
AGO
AGO
HCM
HCM
Q4 25
1.2%
Q3 25
Q2 25
-29.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-16.3%
Q1 24
Capex Intensity
AGO
AGO
HCM
HCM
Q4 25
1.8%
Q3 25
Q2 25
3.3%
Q1 25
2.4%
Q4 24
Q3 24
Q2 24
3.3%
Q1 24
Cash Conversion
AGO
AGO
HCM
HCM
Q4 25
2.18×
4.21×
Q3 25
0.52×
Q2 25
0.76×
-0.16×
Q1 25
0.49×
3.38×
Q4 24
2.61×
Q3 24
0.10×
Q2 24
0.74×
-1.54×
Q1 24
-0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AGO
AGO

Insurance Segment$226.0M82%
Other$37.0M13%
Gain Loss On Investments Member1$8.0M3%
Non Credit Impairment Related Unrealized Fair Value Gains Losses On Credit Derivatives$6.0M2%

HCM
HCM

Segment breakdown not available.

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