ASGN (ASGN)
Market Price (4/11/2026): $35.325 | Market Cap: $1.5 BilSector: Information Technology | Industry: IT Consulting & Other Services
ASGN (ASGN)
Market Price (4/11/2026): $35.325Market Cap: $1.5 BilSector: Information TechnologyIndustry: IT Consulting & Other Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.6%, FCF Yield is 19% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27% Low stock price volatilityVol 12M is 45% Megatrend and thematic driversMegatrends include Cybersecurity, Cloud Computing, and Artificial Intelligence. Themes include Cloud Security, Show more. | Weak multi-year price returns2Y Excs Rtn is -95%, 3Y Excs Rtn is -123% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -0.5% Key risksASGN key risks include [1] its customer concentration and [2] the structural challenge of transitioning to a consulting model while still being dependent on its declining staffing operations. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.6%, FCF Yield is 19% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27% |
| Low stock price volatilityVol 12M is 45% |
| Megatrend and thematic driversMegatrends include Cybersecurity, Cloud Computing, and Artificial Intelligence. Themes include Cloud Security, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -95%, 3Y Excs Rtn is -123% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -0.5% |
| Key risksASGN key risks include [1] its customer concentration and [2] the structural challenge of transitioning to a consulting model while still being dependent on its declining staffing operations. |
Qualitative Assessment
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ASGN (ASGN) stock has lost about 25% since 12/31/2025 because of the following key factors:
1. ASGN reported a miss on its Fourth Quarter 2025 Earnings Per Share (EPS) and experienced declining profitability. The company's EPS of $1.15 for Q4 2025 missed the consensus estimate of $1.18 by $0.03, reflecting a negative earnings surprise of 2.54%. Additionally, ASGN's net profit margins decreased to 2.9% from 4.3% in the prior year. The GAAP result of $0.59 significantly missed the consensus by $0.20 per share margin, leading to a widening spread between Return on Equity (ROE) and Cost of Equity (COE), signaling value destruction from an equity standpoint.
2. The company provided weak financial guidance for the First Quarter of 2026. ASGN projected Q1 2026 revenues of $960 million to $980 million, representing a year-over-year decline of 7-9%. The adjusted EPS guidance also trailed analyst expectations, indicating a continued weakening of financial performance.
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1. ASGN reported a miss on its Fourth Quarter 2025 Earnings Per Share (EPS) and experienced declining profitability. The company's EPS of $1.15 for Q4 2025 missed the consensus estimate of $1.18 by $0.03, reflecting a negative earnings surprise of 2.54%. Additionally, ASGN's net profit margins decreased to 2.9% from 4.3% in the prior year. The GAAP result of $0.59 significantly missed the consensus by $0.20 per share margin, leading to a widening spread between Return on Equity (ROE) and Cost of Equity (COE), signaling value destruction from an equity standpoint.
2. The company provided weak financial guidance for the First Quarter of 2026. ASGN projected Q1 2026 revenues of $960 million to $980 million, representing a year-over-year decline of 7-9%. The adjusted EPS guidance also trailed analyst expectations, indicating a continued weakening of financial performance.
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Stock Movement Drivers
Fundamental Drivers
The -26.7% change in ASGN stock from 12/31/2025 to 4/11/2026 was primarily driven by a -17.5% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4112026 | Change |
|---|---|---|---|
| Stock Price ($) | 48.17 | 35.33 | -26.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,985 | 3,980 | -0.1% |
| Net Income Margin (%) | 3.3% | 2.9% | -13.1% |
| P/E Multiple | 16.0 | 13.2 | -17.5% |
| Shares Outstanding (Mil) | 44 | 42 | 2.4% |
| Cumulative Contribution | -26.7% |
Market Drivers
12/31/2025 to 4/11/2026| Return | Correlation | |
|---|---|---|
| ASGN | -26.7% | |
| Market (SPY) | -5.4% | 13.9% |
| Sector (XLK) | -0.9% | -3.4% |
Fundamental Drivers
The -25.4% change in ASGN stock from 9/30/2025 to 4/11/2026 was primarily driven by a -18.5% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 4112026 | Change |
|---|---|---|---|
| Stock Price ($) | 47.35 | 35.33 | -25.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,005 | 3,980 | -0.6% |
| Net Income Margin (%) | 3.5% | 2.9% | -18.5% |
| P/E Multiple | 14.8 | 13.2 | -10.6% |
| Shares Outstanding (Mil) | 44 | 42 | 3.1% |
| Cumulative Contribution | -25.4% |
Market Drivers
9/30/2025 to 4/11/2026| Return | Correlation | |
|---|---|---|
| ASGN | -25.4% | |
| Market (SPY) | -2.9% | 25.3% |
| Sector (XLK) | 1.4% | 5.7% |
Fundamental Drivers
The -43.9% change in ASGN stock from 3/31/2025 to 4/11/2026 was primarily driven by a -33.3% change in the company's Net Income Margin (%).| (LTM values as of) | 3312025 | 4112026 | Change |
|---|---|---|---|
| Stock Price ($) | 63.02 | 35.33 | -43.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,100 | 3,980 | -2.9% |
| Net Income Margin (%) | 4.3% | 2.9% | -33.3% |
| P/E Multiple | 16.0 | 13.2 | -17.5% |
| Shares Outstanding (Mil) | 45 | 42 | 4.9% |
| Cumulative Contribution | -43.9% |
Market Drivers
3/31/2025 to 4/11/2026| Return | Correlation | |
|---|---|---|
| ASGN | -44.0% | |
| Market (SPY) | 16.3% | 33.7% |
| Sector (XLK) | 38.8% | 21.3% |
Fundamental Drivers
The -57.3% change in ASGN stock from 3/31/2023 to 4/11/2026 was primarily driven by a -51.3% change in the company's Net Income Margin (%).| (LTM values as of) | 3312023 | 4112026 | Change |
|---|---|---|---|
| Stock Price ($) | 82.67 | 35.33 | -57.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,581 | 3,980 | -13.1% |
| Net Income Margin (%) | 5.9% | 2.9% | -51.3% |
| P/E Multiple | 15.3 | 13.2 | -13.7% |
| Shares Outstanding (Mil) | 50 | 42 | 16.9% |
| Cumulative Contribution | -57.3% |
Market Drivers
3/31/2023 to 4/11/2026| Return | Correlation | |
|---|---|---|
| ASGN | -57.3% | |
| Market (SPY) | 63.3% | 39.0% |
| Sector (XLK) | 92.6% | 25.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ASGN Return | 48% | -34% | 18% | -13% | -42% | -23% | -55% |
| Peers Return | 43% | -23% | 19% | -3% | -13% | -21% | -11% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| ASGN Win Rate | 75% | 25% | 58% | 33% | 50% | 25% | |
| Peers Win Rate | 63% | 40% | 60% | 58% | 43% | 30% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ASGN Max Drawdown | -4% | -36% | -22% | -13% | -52% | -27% | |
| Peers Max Drawdown | -7% | -32% | -14% | -22% | -32% | -25% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: KFRC, TBI, IBM, ACN, CTSH. See ASGN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/10/2026 (YTD)
How Low Can It Go
| Event | ASGN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -51.4% | -25.4% |
| % Gain to Breakeven | 105.6% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -56.5% | -33.9% |
| % Gain to Breakeven | 130.1% | 51.3% |
| Time to Breakeven | 129 days | 148 days |
| 2018 Correction | ||
| % Loss | -45.9% | -19.8% |
| % Gain to Breakeven | 84.7% | 24.7% |
| Time to Breakeven | 621 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -89.7% | -56.8% |
| % Gain to Breakeven | 873.2% | 131.3% |
| Time to Breakeven | 1,076 days | 1,480 days |
Compare to KFRC, TBI, IBM, ACN, CTSH
In The Past
ASGN's stock fell -51.4% during the 2022 Inflation Shock from a high on 1/4/2022. A -51.4% loss requires a 105.6% gain to breakeven.
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About ASGN (ASGN)
ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market clients. This segment also offers workforce mobilization, modern enterprise, and digital innovation IT consulting services; and cloud, data and analytics, and digital transformation solutions. The Federal Government Segment provides mission-critical solutions to the department of defense, intelligence agencies, and civilian agencies. This segment offers cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia.
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ASGN is like Accenture, but with a particularly strong emphasis on IT services for both commercial enterprises and the U.S. federal government.
ASGN is like Booz Allen Hamilton, but also with a substantial commercial IT consulting and professional staffing business.
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- IT Consulting Services: Provides expert advice and strategic guidance for modern enterprise and digital innovation initiatives, including application and IT modernization for both commercial and government clients.
- Digital and Creative Marketing: Offers creative digital marketing services to enhance clients' online presence and campaigns, primarily for the commercial sector.
- Workforce and Staffing Solutions: Delivers permanent placement and workforce mobilization services to help commercial clients find and deploy talent effectively.
- Cloud Solutions: Implements and manages cloud computing infrastructure and services for both commercial and federal government clients.
- Data and Analytics Solutions: Provides services for data management, analysis, and generating actionable insights from complex datasets, mainly for the commercial sector.
- Cybersecurity Solutions: Offers robust cybersecurity measures and strategies to protect sensitive information and IT infrastructure, predominantly for federal government agencies.
- Artificial Intelligence and Machine Learning Solutions: Develops and deploys advanced AI and ML applications for diverse client needs, with a strong focus on the federal government.
- Science and Engineering Solutions: Delivers specialized scientific and engineering expertise and solutions, particularly for federal government agencies.
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ASGN sells its information technology services and professional solutions primarily to other organizations and government entities, rather than to individuals.
Its major customers can be categorized as follows:
- Commercial Clients: Fortune 1000 companies and mid-market businesses.
- Federal Government Clients: The Department of Defense, various intelligence agencies, and civilian agencies.
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Ted Hanson, Chief Executive Officer
Ted Hanson has served as Chief Executive Officer of ASGN since May 2019 and has been a member of ASGN's Board of Directors since June 2019. He initially joined ASGN in May 2012 as the Chief Financial Officer of Apex Systems, which was acquired by ASGN. In December 2016, he was promoted to President of ASGN before becoming CEO three years later. Mr. Hanson co-founded the Apex Center for Entrepreneurs at Virginia Tech.
Marie L. Perry, Executive Vice President, Chief Financial Officer
Marie L. Perry joined ASGN in January 2022 as Executive Vice President, Finance, and was promoted to Executive Vice President, Chief Financial Officer in August 2022. Prior to ASGN, Ms. Perry served as Chief Financial Officer for the U.S. division of Brinks, Incorporated from August 2020 to January 2022, and as Chief Financial and Chief Administrative Officer for Jamba Juice, Inc. from May 2016 to January 2019. She was also the finance lead for the complex separation of Hewlett-Packard Company in 2015, which led to the creation of HPE. Ms. Perry has served as a director and Audit Committee Chair of Fogo Hospitality, Inc., a private Brazilian steakhouse chain, and previously served on the board of directors of Ruth's Hospitality Group, a NASDAQ-traded company until its acquisition.
Randolph C. Blazer, Executive Vice Chairman
Randolph C. Blazer joined ASGN as President of Apex Systems in May 2012, following ASGN's acquisition of Apex Systems. He served as President of ASGN from January 2022 before transitioning to Executive Vice Chairman in March 2025. Previously, Mr. Blazer was the Chief Operating Officer of Apex Systems from 2007 to 2012. He notably led KPMG Consulting in its launch of the fourth-largest IPO in NASDAQ's history, establishing it as an independent, publicly-traded company. Mr. Blazer has also served as an advisory board and compensation committee member for InSite LLC, a private company.
Shiv Iyer, President
Shiv Iyer has served as President of ASGN since March 2025. Before joining ASGN, Mr. Iyer was the Americas Consulting and Industry X Lead Executive for Accenture. In that role, he was responsible for scaling Accenture's functional, industry, and technology advisory capabilities across the U.S., Canada, and Latin America, focusing on maximizing value from acquisitions and driving organic growth through investments in AI and industry capabilities.
Shane Lamb, Chief Innovation Officer
Shane Lamb joined ASGN in 2013 through the company's acquisition of CyberCoders, Inc., where he had served as Chief Operating Officer and subsequently President. In his current role as Chief Innovation Officer, Mr. Lamb is responsible for developing and overseeing ASGN's innovation, technology, and data strategies.
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Here are the key risks to ASGN's business:
- Macroeconomic Uncertainty and Client Spending: ASGN's financial performance is significantly influenced by overall macroeconomic conditions and client spending patterns, particularly in its Commercial Segment. Economic downturns or uncertainty can lead to cautious client spending, resulting in reduced demand for IT consulting and professional solutions, revenue declines, and pressure on profit margins.
- Competitive Labor Market and Talent Management: As a provider of IT services and professional solutions, ASGN's success heavily relies on its ability to attract, retain, and manage a highly skilled workforce. A tight labor market for IT professionals can lead to increased wage costs, difficulties in talent acquisition and retention, and ultimately impact the company's profitability and capacity to deliver services.
- Rapid Technological Change and Intense Competition: The information technology services industry is characterized by rapid technological advancements, including in areas like AI, cloud, and cybersecurity, and faces intense competition with relatively low barriers to entry. ASGN must continuously invest in new technologies and adapt its offerings to remain competitive and prevent its services from becoming obsolete. Failure to keep pace with these changes could negatively affect its market position and financial performance.
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Addressable Markets for ASGN's Products and Services (U.S. Region)
ASGN Inc. provides information technology services and professional solutions across commercial and federal government sectors in the United States. The addressable markets for their main products and services in the U.S. are substantial, as detailed below:
Commercial Segment
- IT Services: The U.S. IT services market was valued at approximately USD 405.7 billion in 2023 and is projected to grow to USD 695.6 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 7.9% from 2024 to 2030. Another estimate places the market at USD 441.7 billion in 2024, expected to reach USD 1,009.99 billion by 2035 with a CAGR of around 7.81% from 2025 to 2035.
- Creative Digital Marketing: The U.S. digital marketing software market size was estimated at USD 22.78 billion in 2022, with a projected CAGR of 17.8% from 2023 to 2030. Separately, the United States digital marketing spending market reached around USD 7.08 billion in 2024, growing at a CAGR of 7.5%. The broader USA Digital Advertising Market is expected to reach USD 243.2 billion by 2030, with a CAGR of 12.9% during the forecast period.
- Permanent Placement Services (Staffing/Workforce Mobilization): The U.S. ranks as the largest staffing market globally, with revenue of USD 184 billion in 2024. The U.S. staffing industry is forecast to grow 1% in 2025, reaching an estimated market size of USD 188.7 billion. Another projection for the U.S. staffing industry's revenue is USD 189.9 billion in 2025, representing a 3% growth.
Federal Government Segment
- Federal Government IT Solutions (Overall): Federal spending on contractor-supplied Information Technology (IT) products and services in the U.S. is projected to increase from USD 116.4 billion in FY 2023 to USD 137.5 billion in FY 2027. The total technology spending for the entire U.S. government sector, including staff costs, is anticipated to reach USD 357 billion in 2026, an increase from USD 343 billion in 2025. Federal civilian IT budgets alone are projected to be USD 76.8 billion in fiscal 2025.
- Cloud Solutions (Federal): The total available market in federal cloud in the U.S. was approximately USD 17 billion in FFY24, and is expected to rise to between USD 20 billion and USD 21 billion in FFY25, surpassing USD 30 billion by FFY28.
- Cybersecurity: The U.S. cybersecurity market was valued at USD 67.69 billion in 2023 and is projected to grow at a CAGR of 10.7% from 2024 to 2030. Other estimates include USD 82.4 billion in 2024 and USD 91.6 billion in 2025. The market is projected to reach USD 166.73 billion by 2032. Civilian cybersecurity budgets in the U.S. are estimated at USD 13 billion for FY2025.
- Artificial Intelligence (AI) and Machine Learning (ML) Solutions: The U.S. Artificial Intelligence (AI) market was valued at USD 122.19 billion in 2024 and is projected to reach approximately USD 173.56 billion in 2025, with an expectation to grow to around USD 976.23 billion by 2035. Government investment in AI-related initiatives exceeded USD 1.5 billion in 2023.
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ASGN (symbol: ASGN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Pivot to Higher-Margin IT Consulting Services: ASGN is strategically shifting its focus from traditional staffing towards higher-value, higher-margin IT consulting services. This is evident in the increasing proportion of IT consulting revenues, which reached approximately 63% of total revenues in Q2 and Q3 2025, up from 57-58% in the prior year. This shift aims to enhance overall growth and profitability through larger, more complex contracts.
- Increased Demand for Artificial Intelligence (AI), Cybersecurity, and Digital Transformation Solutions: The company is capitalizing on the significant and growing demand for advanced technology solutions. AI is cited as a dominant driver of demand, with nearly 80% of enterprises planning to increase their AI spending in 2026. ASGN is investing in and offering solutions in AI, cybersecurity, application and IT modernization, and digital engineering, which are vital for clients seeking to stay competitive and deploy new technologies enterprise-wide.
- Strategic Mergers and Acquisitions (M&A): ASGN actively pursues strategic acquisitions to enhance its service offerings, expand market reach, and bolster its capabilities in high-growth areas. Recent examples include the acquisition of Quinnox, projected to add revenue at a low to mid-teens growth rate and expand offshore and digital engineering capabilities, and TopBloc, which strengthened human capital and financial management services.
- Growth within the Federal Government Segment: The Federal Government Segment, which provides mission-critical solutions to defense, intelligence, and civilian agencies, continues to be a growth area for ASGN. This segment offers solutions in cloud, cybersecurity, AI, machine learning, and IT modernization, contributing to the company's diversified revenue streams and stability.
- Brand Unification and Operational Efficiencies: ASGN is undertaking a brand repositioning initiative, launching a unified customer and investor-facing brand "Everforth" in the first half of 2026. This move is designed to unify commercial and federal brands, improve cross-selling opportunities, enhance scale, and drive operational efficiency, all of which are expected to contribute to future revenue growth and sustained success.
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Capital Allocation Decisions for ASGN Incorporated
Share Repurchases
- ASGN authorized a new $1 billion share repurchase program in November 2025, the largest in its history, with approximately $972 million remaining for future repurchases as of January 2026.
- In full year 2025, ASGN repurchased 3.1 million shares of its common stock for $170.1 million.
- For the full year 2024, the company deployed $327.2 million to repurchase 3.5 million shares.
Share Issuance
- As part of the TopBloc acquisition in February 2025, ASGN issued 10% of the $340 million consideration in equity.
- In connection with the GlideFast Consulting acquisition in June 2022, ASGN granted restricted stock unit awards covering approximately 72,500 shares to 42 key GlideFast employees.
Outbound Investments
- In January 2026, ASGN announced a definitive agreement to acquire Quinnox Inc., a digital solutions provider, for $290 million in cash, expected to close in March 2026, to enhance its digital engineering and global delivery capabilities.
- ASGN acquired TopBloc, a Workday services partner, for $340 million (90% cash, 10% equity) in February 2025, which strengthened its capabilities in tech-enabled Workday consultancy.
- In June 2022, ASGN acquired GlideFast Consulting LLC for a total cash consideration of $350 million, providing access to the ServiceNow addressable market.
Capital Expenditures
- ASGN's capital expenditures were $39.8 million for the full year 2025.
- For the full year 2024, capital expenditures amounted to $35.3 million.
- In 2022, the company incurred $37.5 million in capital expenditures, following $34.7 million in 2021.
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| 03312020 | ASGN | ASGN | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 81.4% | 170.2% | -11.5% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 46.63 |
| Mkt Cap | 14.6 |
| Rev LTM | 12,544 |
| Op Inc LTM | 1,779 |
| FCF LTM | 1,442 |
| FCF 3Y Avg | 1,251 |
| CFO LTM | 1,605 |
| CFO 3Y Avg | 1,420 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.0% |
| Rev Chg 3Y Avg | -0.8% |
| Rev Chg Q | 6.6% |
| QoQ Delta Rev Chg LTM | 1.6% |
| Op Mgn LTM | 10.7% |
| Op Mgn 3Y Avg | 11.3% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 10.9% |
| CFO/Rev 3Y Avg | 10.8% |
| FCF/Rev LTM | 9.8% |
| FCF/Rev 3Y Avg | 9.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.6 |
| P/S | 0.8 |
| P/EBIT | 8.8 |
| P/E | 13.6 |
| P/CFO | 8.2 |
| Total Yield | 8.2% |
| Dividend Yield | 1.7% |
| FCF Yield 3Y Avg | 5.8% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -6.0% |
| 3M Rtn | -30.9% |
| 6M Rtn | -19.0% |
| 12M Rtn | -27.5% |
| 3Y Rtn | -42.4% |
| 1M Excs Rtn | -8.5% |
| 3M Excs Rtn | -26.9% |
| 6M Excs Rtn | -24.0% |
| 12M Excs Rtn | -67.6% |
| 3Y Excs Rtn | -107.9% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Commercial | 3,174 | 3,436 | 2,927 | 2,498 | 2,520 |
| Federal Government | 1,276 | 1,145 | 1,082 | 1,004 | 798 |
| Oxford | 606 | ||||
| Total | 4,451 | 4,581 | 4,010 | 3,502 | 3,924 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Commercial | 344 | 411 | 356 | 284 | 288 |
| Federal Government | 99 | 89 | 76 | 58 | 42 |
| Corporate Selling, general and administrative (SG&A) expenses | -79 | -81 | -61 | -70 | |
| Oxford | 48 | ||||
| Total | 364 | 500 | 351 | 281 | 309 |
Price Behavior
Price Behavior
| Market Price | $35.32 | |
| Market Cap ($ Bil) | 1.5 | |
| First Trading Date | 09/23/1992 | |
| Distance from 52W High | -41.4% | |
| 50 Days | 200 Days | |
| DMA Price | $41.80 | $46.98 |
| DMA Trend | down | down |
| Distance from DMA | -15.5% | -24.8% |
| 3M | 1YR | |
| Volatility | 56.0% | 44.8% |
| Downside Capture | 1.05 | 0.94 |
| Upside Capture | 28.48 | 67.82 |
| Correlation (SPY) | 12.7% | 27.3% |
ASGN Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.05 | 0.35 | 0.62 | 0.93 | 0.81 | 0.93 |
| Up Beta | 3.19 | 0.71 | 1.66 | 1.61 | 0.81 | 0.92 |
| Down Beta | -0.60 | -0.39 | -0.12 | 0.60 | 0.42 | 0.62 |
| Up Capture | -44% | -7% | 33% | 70% | 65% | 64% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 10 | 18 | 28 | 59 | 112 | 350 |
| Down Capture | 50% | 117% | 122% | 110% | 126% | 107% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 12 | 24 | 35 | 67 | 138 | 397 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASGN | |
|---|---|---|---|---|
| ASGN | -34.7% | 45.3% | -0.81 | - |
| Sector ETF (XLK) | 59.7% | 25.3% | 1.80 | 20.0% |
| Equity (SPY) | 31.2% | 17.3% | 1.47 | 33.7% |
| Gold (GLD) | 60.1% | 27.8% | 1.69 | -15.1% |
| Commodities (DBC) | 29.8% | 16.6% | 1.58 | -7.0% |
| Real Estate (VNQ) | 21.3% | 15.2% | 1.07 | 33.7% |
| Bitcoin (BTCUSD) | -4.3% | 43.7% | 0.02 | 17.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASGN | |
|---|---|---|---|---|
| ASGN | -17.9% | 35.4% | -0.48 | - |
| Sector ETF (XLK) | 16.5% | 24.7% | 0.60 | 42.7% |
| Equity (SPY) | 11.1% | 17.0% | 0.50 | 53.7% |
| Gold (GLD) | 22.1% | 17.8% | 1.02 | -0.3% |
| Commodities (DBC) | 11.8% | 18.8% | 0.52 | 10.5% |
| Real Estate (VNQ) | 3.7% | 18.8% | 0.10 | 48.2% |
| Bitcoin (BTCUSD) | 4.3% | 56.5% | 0.30 | 21.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ASGN | |
|---|---|---|---|---|
| ASGN | 0.1% | 37.2% | 0.12 | - |
| Sector ETF (XLK) | 21.7% | 24.3% | 0.82 | 50.1% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 60.6% |
| Gold (GLD) | 14.2% | 15.9% | 0.74 | -5.7% |
| Commodities (DBC) | 8.6% | 17.6% | 0.41 | 21.0% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.22 | 52.0% |
| Bitcoin (BTCUSD) | 67.6% | 66.9% | 1.07 | 16.6% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/20/2026 | -0.8% | 3.6% | -11.9% |
| 10/22/2025 | -7.9% | -7.8% | -17.2% |
| 7/23/2025 | 11.3% | 3.6% | 2.8% |
| 4/23/2025 | -11.6% | -14.0% | -7.4% |
| 2/5/2025 | -5.9% | -12.0% | -18.9% |
| 10/23/2024 | 0.9% | 1.5% | -9.2% |
| 7/24/2024 | -8.9% | -7.0% | -8.7% |
| 4/24/2024 | -3.3% | -6.4% | -6.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 10 |
| # Negative | 13 | 11 | 14 |
| Median Positive | 2.4% | 3.6% | 7.6% |
| Median Negative | -4.8% | -7.0% | -9.4% |
| Max Positive | 14.2% | 12.1% | 35.5% |
| Max Negative | -11.6% | -14.0% | -18.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 960.00 Mil | 970.00 Mil | 980.00 Mil | 0 | Same New | Actual: 970.00 Mil for Q4 2025 | |
| Q1 2026 Net Income | 25.80 Mil | 27.60 Mil | 29.40 Mil | -18.6% | Lower New | Actual: 33.90 Mil for Q4 2025 | |
| Q1 2026 Earnings per diluted share | 0.62 | 0.67 | 0.71 | -15.8% | Lower New | Actual: 0.79 for Q4 2025 | |
| Q1 2026 Gross margin | 28.7% | 28.9% | 29.1% | -0.5% | -0.2% | Lower New | Actual: 29.05% for Q4 2025 |
| Q1 2026 Adjusted EBITDA | 93.50 Mil | 96.00 Mil | 98.50 Mil | -8.1% | Lower New | Actual: 104.50 Mil for Q4 2025 | |
| Q1 2026 Adjusted Net Income | 38.80 Mil | 40.60 Mil | 42.40 Mil | -18.8% | Lower New | Actual: 50.00 Mil for Q4 2025 | |
| Q1 2026 Adjusted Net Income per diluted share | 0.93 | 0.97 | 1.02 | -15.9% | Lower New | Actual: 1.16 for Q4 2025 | |
Prior: Q3 2025 Earnings Reported 10/22/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Revenue | 960.00 Mil | 970.00 Mil | 980.00 Mil | -3.2% | Lower New | Guidance: 1.00 Bil for Q3 2025 | |
| Q4 2025 Net Income | 32.10 Mil | 33.90 Mil | 35.70 Mil | -9.8% | Lower New | Guidance: 37.60 Mil for Q3 2025 | |
| Q4 2025 EPS | 0.75 | 0.79 | 0.83 | -8.1% | Lower New | Guidance: 0.86 for Q3 2025 | |
| Q4 2025 Adjusted EBITDA | 102.00 Mil | 104.50 Mil | 107.00 Mil | -5.9% | Lower New | Guidance: 111.00 Mil for Q3 2025 | |
| Q4 2025 Adjusted Net Income | 48.20 Mil | 50.00 Mil | 51.80 Mil | -6.6% | Lower New | Guidance: 53.55 Mil for Q3 2025 | |
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