Assured Guaranty vs Employers Holdings
Assured Guaranty is the larger business, with $1.11bn of revenue in fiscal 2025 against $859m for Employers Holdings (1.3 times as much). Assured Guaranty grew faster (27.3% against -2.5%). Assured Guaranty kept more of each dollar of sales as profit: a net margin of 45.3% against 1.3%. Employers Holdings carries less debt relative to equity (3.7% against 30.8%).
| Latest fiscal year | Assured GuarantyAGO, 2025 | Employers HoldingsEIG, 2025 |
|---|---|---|
| Revenue | $1.11bn | $859m |
| Revenue growth | 27.3% | -2.5% |
| Net income | $503m | $10.8m |
| Operating margin | — | — |
| Net margin | 45.3% | 1.3% |
| Return on equity | 9.0% | 1.1% |
| Free cash flow | — | $44.6m |
| Cash | $419m | $160m |
| Total debt | $1.75bn | $35.0m |
| Debt to equity | 30.8% | 3.7% |
| Dividend per share | $1.36 | $1.26 |
| Dividend yield | — | 3.2% |
| Share buybacks | $500m | $183m |
| Employees | 367 | 623 |
| Market value | $3.17bn | $812m |
| Price vs our value range | — | — |
| Moat score | 87 (Strong) | 74 (Strong) |
| Insider trades, 12 months | 2 buys, 14 sales | 2 buys, 2 sales |