A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
ASGN Inc
ASGN
$833M
Mkt Cap
ASGN Inc (ASGN) has a current P/E ratio of 15.8, compared to its historical median P/E of 21.5. The stock is currently considered Cheap based on its historical valuation range.
ASGN Inc (ASGN) has a 5-year average return on invested capital (ROIC) of 9.1%. This is below average and may indicate limited pricing power.
ASGN Inc (ASGN) has a market capitalization of $1.7B. It is classified as a small-cap stock.
ASGN Inc (ASGN) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 9.36%.
Based on historical P/E analysis, ASGN Inc (ASGN) appears cheap. The current P/E of 15.8 is 27% below its historical median of 21.5. The estimated fair value CAGR (P/E method) is 2.9%.
ASGN Inc (ASGN) operates in the Services-Help Supply Services industry, within the Industrials sector.
ASGN Inc (ASGN) reported annual revenue of $4.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
ASGN Incorporated, rebranding to Everforth in the first half of 2026, is a leading provider of IT solutions and digital engineering services to commercial and government sectors through six brands: Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc. The company operates through two segments—Commercial (70% of 2025 revenues) and Federal Government (30%)—delivering solutions across six core areas: Cloud and Infrastructure, Data and AI, Software Development and Engineering, Customer Experience, Cybersecurity, and Enterprise Platforms. The business model combines IT staffing and assignment work with higher-margin IT consulting services, with 62% of 2025 consolidated revenues derived from consulting work; the company earns revenue through time-and-materials and fixed-price contracts, leveraging a deep talent pool built over decades to rapidly assemble custom-fit teams for enterprise clients. The Commercial Segment serves Fortune 1000 and large mid-market clients across five industries—Financial Services, Consumer and Industrial, Technology/Media/Telecom, Healthcare, and Business and Government Services—with corporate support based in Richmond, Virginia and delivery centers in Mexico and India. The Federal Government Segment delivers advanced solutions in data and AI, cybersecurity, software engineering, and enterprise platforms to U.S. federal agencies and public-sector clients, with no single client other than the U.S. federal government representing more than 10% of consolidated revenues, and federal government contracts comprising 26% of 2025 consolidated revenues. The company differentiates through proprietary assets, accelerators, and technology alliance partnerships that enable co-selling and co-delivery, supported by enduring relationships with enterprise clients and demonstrated expertise in addressing complex, industry-specific business challenges.
【AI and consulting momentum】 Management expects continued strength in AI and data solutions across both commercial and federal segments, with clients increasingly deliberating longer before committing to projects as they evaluate technology investments and IT spending priorities in a volatile macro environment. The company is implementing targeted structural cost-saving initiatives alongside strategic planning investments to support its Next Wave Growth Strategy, with these upfront investments expected to decline over coming quarters. Federal contract backlog of approximately $2.8 billion provides strong revenue visibility, and management anticipates improved award activity in areas receiving budget support, particularly Department of Defense and Security and Intelligence, while commercial consulting bookings momentum and higher-margin solution ramp-up are expected to contribute to margin improvement in subsequent quarters.
| Metric | Target | Period |
|---|---|---|
| Quinnox revenue contribution | $100 million | Full year 2026 |
| Quinnox revenue growth | low to mid-teens% | Full year 2026 |
| Quinnox Adjusted EBITDA margin | low 20% | Full year 2026 |
| Full year 2026 growth rate | low double-digit growth rate | Full year 2026 |
Quinnox revenue contribution (Full year 2026): “For Quinnox it's $100 million, with growth of low to mid-teens%”
Quinnox revenue growth (Full year 2026): “For Quinnox it's $100 million, with growth of low to mid-teens%”
Quinnox Adjusted EBITDA margin (Full year 2026): “EBITDA margin of low 20%”
Full year 2026 growth rate (Full year 2026): “We're expecting low double-digit growth rate in 2026”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 4.0B | 4.0B | 4.1B | 4.5B | 4.6B | 4.0B |
| Net Income | 98M | 114M | 175M | 219M | 268M | 410M |
| EPS | $2.29 | $2.60 | $3.83 | $4.50 | $5.23 | $7.66 |
| Free Cash Flow | 291M | 288M | 365M | 417M | 270M | 159M |
| ROIC | 4.2% | 5.8% | 8.2% | 9.3% | 11.2% | 10.9% |
| Gross Margin | 28.6% | 28.9% | 28.9% | 28.8% | 29.9% | 28.5% |
| Debt/Equity | 1.01 | 0.71 | 0.62 | 0.58 | 0.61 | 0.59 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 211M | 230M | 304M | 364M | 410M | 351M |
| Operating Margin | 5.3% | 5.8% | 7.4% | 8.2% | 8.9% | 8.8% |
| ROE | 5.5% | 6.3% | 9.6% | 11.6% | 14.2% | 23.7% |
| Shares Outstanding | 41M | 44M | 46M | 49M | 51M | 54M |
| Metric | 2017 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 1.7B | 2.1B | 2.4B | 2.6B | 3.4B | 3.4B | 3.5B | 4.0B | 4.6B | 4.5B | 4.1B | 4.0B | 4.0B |
| Gross Margin | 32.3% | 32.9% | 32.6% | 32.4% | 30.1% | 28.4% | 27.0% | 28.5% | 29.9% | 28.8% | 28.9% | 28.9% | 28.6% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 398M | 492M | 566M | 592M | 705M | 645M | 615M | 736M | 895M | 844M | 821M | 854M | 864M |
| EBIT | 138M | 152M | 190M | 225M | 260M | 276M | 281M | 351M | 410M | 364M | 304M | 230M | 211M |
| Op. Margin | 8.0% | 7.4% | 7.8% | 8.6% | 7.7% | 8.1% | 8.0% | 8.8% | 8.9% | 8.2% | 7.4% | 5.8% | 5.3% |
| Net Income | 77M | 98M | 97M | 158M | 158M | 175M | 200M | 410M | 268M | 219M | 175M | 114M | 98M |
| Net Margin | 4.5% | 4.7% | 4.0% | 6.0% | 4.6% | 5.1% | 5.7% | 10.2% | 5.9% | 4.9% | 4.3% | 2.9% | 2.5% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 8.2% | 7.2% | 7.6% | 11.7% | 9.7% | 8.2% | 8.7% | 10.9% | 11.2% | 9.3% | 8.2% | 5.8% | 4.2% |
| ROE | 12.1% | 13.8% | 11.8% | 17.0% | 14.5% | 13.7% | 13.5% | 23.7% | 14.2% | 11.6% | 9.6% | 6.3% | 5.5% |
| ROA | 6.1% | 6.5% | 5.5% | 8.9% | 7.0% | 6.2% | 6.4% | 12.1% | 7.6% | 6.2% | 5.0% | 3.2% | 2.4% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 96M | 124M | 199M | 196M | 287M | 313M | 425M | 194M | 308M | 457M | 400M | 328M | 330M |
| Free Cash Flow | 76M | 99M | 172M | 172M | 259M | 281M | 392M | 159M | 270M | 417M | 365M | 288M | 291M |
| Owner Earnings | 42M | 50M | 110M | 114M | 161M | 183M | 303M | 51M | 167M | 313M | 261M | 167M | 164M |
| CapEx | 20M | 25M | 27M | 24M | 29M | 33M | 33M | 35M | 38M | 40M | 35M | 40M | 39M |
| Maint. CapEx | 38M | 52M | 62M | 59M | 95M | 91M | 90M | 90M | 91M | 100M | 96M | 114M | 116M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 38M | 52M | 62M | 59M | 95M | 91M | 90M | 90M | 91M | 100M | 96M | 114M | 116M |
| CapEx/OCF | 20.5% | 21.0% | 13.6% | 12.4% | 10.0% | 10.4% | 7.7% | 17.9% | 12.2% | 8.7% | 8.8% | 12.1% | 11.8% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 100M | 1.6M | 41M | 60M | 0 | 20M | 28M | 181M | 281M | 273M | 327M | 170M | 159M |
| Buyback Yield | 5.4% | 0.1% | 1.7% | 1.8% | N/A | 0.5% | 0.6% | 2.7% | 6.9% | 5.8% | 8.5% | 7.8% | 9.4% |
| Stock-Based Comp | 16M | 22M | 27M | 24M | 32M | 39M | 32M | 53M | 49M | 44M | 42M | 48M | 49M |
| Debt Repayment | 149M | 516M | 129M | 105M | 286M | 736M | 66M | 0 | 63M | 597M | 5.0M | 282M | 282M |
| Balance Sheet | |||||||||||||
| Net Debt | 380M | 732M | 613M | 539M | 1.4B | 1.0B | 839M | 568M | 1.1B | 929M | 895M | 1.1B | 1.7B |
| Cash & Equiv. | 32M | 24M | 27M | 37M | 42M | 95M | 274M | 530M | 70M | 176M | 205M | 161M | 144M |
| Long-Term Debt | 394M | 756M | 640M | 575M | 1.1B | 1.0B | 1.0B | 1.0B | 1.1B | 1.0B | 1.0B | 1.2B | 1.5B |
| Debt/Equity | 0.65 | 0.96 | 0.74 | 0.58 | 1.18 | 0.82 | 0.70 | 0.59 | 0.61 | 0.58 | 0.62 | 0.71 | 1.01 |
| Interest Coverage | 10.8 | 5.8 | 5.9 | 8.1 | 4.6 | 5.2 | 7.1 | 9.4 | 8.9 | 5.5 | 4.7 | 3.4 | 3.0 |
| Equity | 634M | 785M | 869M | 991M | 1.2B | 1.4B | 1.6B | 1.9B | 1.9B | 1.9B | 1.8B | 1.8B | 1.8B |
| Total Assets | 1.3B | 1.8B | 1.8B | 1.8B | 2.7B | 2.9B | 3.3B | 3.5B | 3.6B | 3.5B | 3.4B | 3.7B | 4.0B |
| Total Liabilities | 617M | 983M | 884M | 819M | 1.5B | 1.6B | 1.7B | 1.6B | 1.7B | 1.7B | 1.7B | 1.9B | 2.2B |
| Intangibles | 251M | 418M | 378M | 353M | 489M | 477M | 470M | 488M | 570M | 498M | 440M | 454M | 613M |
| Retained Earnings | 155M | 250M | 316M | 428M | 586M | 745M | 926M | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B |
| Working Capital | 201M | 254M | 275M | 333M | 378M | 451M | 578M | 859M | 539M | 579M | 551M | 492M | 508M |
| Current Assets | 366M | 414M | 438M | 500M | 686M | 792M | 994M | 1.3B | 981M | 973M | 918M | 916M | 970M |
| Current Liabilities | 165M | 160M | 162M | 167M | 308M | 341M | 416M | 451M | 442M | 394M | 367M | 424M | 462M |
| Per Share Data | |||||||||||||
| EPS | 1.42 | 1.84 | 1.81 | 2.97 | 2.98 | 3.28 | 3.76 | 7.66 | 5.23 | 4.50 | 3.83 | 2.60 | 2.29 |
| Owner EPS | 0.76 | 0.95 | 2.05 | 2.14 | 3.04 | 3.43 | 5.68 | 0.96 | 3.26 | 6.41 | 5.71 | 3.81 | 3.97 |
| Book Value | 11.67 | 14.79 | 16.18 | 18.67 | 22.34 | 25.84 | 29.79 | 34.86 | 37.09 | 38.83 | 38.84 | 41.33 | 43.22 |
| Cash Flow/Share | 1.77 | 2.34 | 3.71 | 3.70 | 5.43 | 5.88 | 7.97 | 3.62 | 6.00 | 9.38 | 8.74 | 7.51 | 5.17 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 54.4M | 53.1M | 53.7M | 53.1M | 52.9M | 53.3M | 53.3M | 53.5M | 51.3M | 48.7M | 45.7M | 43.7M | 41.4M |
| Valuation | |||||||||||||
| P/E Ratio | 23.8 | 24.4 | 24.4 | 21.6 | 18.0 | 21.7 | 22.6 | 16.2 | 15.2 | 21.5 | 21.9 | 19.2 | 17.9 |
| P/FCF | 24.1 | 24.0 | 13.8 | 19.8 | 11.0 | 13.5 | 11.5 | 41.8 | 15.1 | 11.3 | 10.5 | 7.6 | 5.8 |
| EV/EBIT | 16.0 | 20.3 | 15.7 | 17.4 | 14.8 | 15.0 | 17.8 | 18.9 | 12.2 | 14.8 | 14.6 | 13.2 | 15.9 |
| Price/Book | 2.9 | 3.0 | 2.7 | 3.4 | 2.4 | 2.8 | 2.9 | 3.6 | 2.1 | 2.5 | 2.2 | 1.2 | 0.9 |
| Price/Sales | 1.0 | 1.0 | 0.8 | 1.1 | 1.2 | 0.8 | 1.0 | 1.4 | 1.1 | 0.9 | 1.1 | 0.6 | 0.4 |
| FCF Yield | 4.2% | 4.2% | 7.3% | 5.1% | 9.1% | 7.4% | 8.7% | 2.4% | 6.6% | 8.8% | 9.5% | 13.2% | 17.1% |
| Market Cap | 1.8B | 2.4B | 2.4B | 3.4B | 2.8B | 3.8B | 4.5B | 6.6B | 4.1B | 4.7B | 3.8B | 2.2B | 1.7B |
| Avg. Price | 32.58 | 38.97 | 37.32 | 51.95 | 77.08 | 62.28 | 63.78 | 105.13 | 100.59 | 81.35 | 94.14 | 57.19 | 40.97 |
| Year-End Price | 33.81 | 44.89 | 44.19 | 64.05 | 53.73 | 71.15 | 84.95 | 124.15 | 79.39 | 96.88 | 83.69 | 50.02 | 40.97 |
ASGN Inc passes 4 of 9 quality checks, suggesting mixed fundamentals.
ASGN Inc trades at 15.8x trailing earnings, compared to its 15-year median P/E of 21.5x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 5.9x vs a median of 12.5x. The company's 5-year average ROIC is 9.1% with a gross margin of 29.0%. Total shareholder yield (buybacks) is 9.4%. At current prices, the estimated annualized return to fair value is +7.7%.
ASGN Inc (ASGN) has a net profit margin of 2.9%. This is a modest margin.
ASGN Inc (ASGN) generated $288 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
ASGN Inc (ASGN) has a debt-to-equity ratio of 0.71. This indicates moderate leverage.
ASGN Inc (ASGN) reported earnings per share (EPS) of $2.60 in its most recent fiscal year.
ASGN Inc (ASGN) has a return on equity (ROE) of 6.3%. This indicates moderate shareholder returns.
ASGN Inc (ASGN) has a 5-year average gross margin of 29.0%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for ASGN Inc (ASGN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ASGN Inc (ASGN) has a book value per share of $41.33, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects continued strength in AI and data solutions across both commercial and federal segments, with clients increasingly deliberating longer before committing to projects as they evaluate technology investments and IT spending priorities in a volatile macro environment. The company is implementing targeted structural cost-saving initiatives alongside strategic planning investments to support its Next Wave Growth Strategy, with these upfront investments expected to decline over coming quarters. Federal contract backlog of approximately $2.8 billion provides strong revenue visibility, and management anticipates improved award activity in areas receiving budget support, particularly Department of Defense and Security and Intelligence, while commercial consulting bookings momentum and higher-margin solution ramp-up are expected to contribute to margin improvement in subsequent quarters.
Based on recent SEC filings and earnings calls, ASGN Inc (ASGN) has provided the following forward guidance: Quinnox revenue contribution: $100 million (Full year 2026); Quinnox revenue growth: low to mid-teens% (Full year 2026); Quinnox Adjusted EBITDA margin: low 20% (Full year 2026); Full year 2026 growth rate: low double-digit growth rate (Full year 2026).
No recent press releases.