ASSURED GUARANTY LTD.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.74B | $1.68B | $2.21B | $1.99B | $1.61B | $954.0M | $1.81B | $1.31B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $1.09B | $1.12B | $1.53B | $1.62B | $1.22B | $224.0M | $1.13B | $634.0M |
| Operating Margin | 62.6% | 66.7% | 69.4% | 81.4% | 76.1% | 23.5% | 62.5% | 48.3% |
| Interest Expense | $97.0M | $102.0M | $101.0M | $92.0M | $82.0M | $92.0M | $99.0M | $100.0M |
| Pretax Income | $991.0M | $1.02B | $1.43B | $1.53B | $1.14B | $132.0M | $1.03B | $534.0M |
| Income Tax Expense | $261.0M | $136.0M | $375.0M | $443.0M | $334.0M | $22.0M | $256.0M | $50.0M |
| Net Income | $730.0M | $881.0M | $1.06B | $1.09B | $808.0M | $110.0M | $773.0M | $493.7M |
| Net Margin | 42.0% | 52.5% | 47.8% | 54.6% | 50.2% | 11.5% | 42.8% | 37.6% |
| EPS (Basic) | $6.05 | $6.61 | $7.12 | $6.30 | $4.32 | $0.58 | $4.21 | $2.63 |
| EPS (Diluted) | $5.96 | $6.56 | $7.08 | $6.26 | $4.30 | $0.57 | $4.16 | $2.56 |
| Shares Outstanding (Basic) | 120.6M | 133.0M | 148.1M | 172.6M | 186.6M | 189.2M | 183.4M | 184.0M |
| Shares Outstanding (Diluted) | 122.3M | 134.1M | 149.0M | 173.6M | 187.6M | 190.7M | 185.5M | 188.9M |
| Dividends Per Share | $0.57 | $0.52 | $0.48 | $0.44 | $0.40 | $0.36 | $0.18 | $0.18 |