📊 ASGN Key Takeaways
Is ASGN Inc (ASGN) a Good Investment?
ASGN demonstrates solid operational fundamentals with strong free cash flow generation (7.2% FCF margin) and healthy balance sheet metrics, but faces significant headwinds with revenue declining 2.9% YoY and net income falling 35.2% YoY, indicating deteriorating profitability despite operational cash generation.
ASGN shows solid underlying financial health through strong liquidity, positive free cash flow generation, and manageable balance-sheet leverage. However, the latest period reflects weakening operating quality, with revenue down modestly but net income and EPS falling much faster, indicating margin pressure and reduced earnings resilience. The business looks fundamentally stable rather than fundamentally strong, with execution on profitability recovery now the key issue.
Why Buy ASGN Inc Stock? ASGN Key Strengths
- Strong free cash flow generation of $288.1M with 7.2% FCF margin demonstrates cash conversion capability
- Healthy liquidity position with 2.16x current ratio and 2.16x quick ratio providing operational flexibility
- Conservative leverage with 0.65x debt-to-equity ratio and adequate 3.4x interest coverage ratio indicating manageable debt burden
- Operating cash flow of $327.9M exceeds net income, suggesting quality earnings and working capital management
- Strong liquidity with a 2.16x current and quick ratio
- Healthy cash generation with $288.1M of free cash flow and a 7.2% FCF margin
- Moderate leverage profile with debt/equity of 0.65x and a substantial equity base
ASGN Stock Risks: ASGN Inc Investment Risks
- Declining profitability with net income down 35.2% YoY and net margin contracting to 2.9%, signaling margin compression issues
- Revenue contraction of 2.9% YoY indicates organic growth challenges in the staffing services sector
- Low operating margin of 5.8% and net margin of 2.9% provide minimal cushion for operational disruptions or economic headwinds
- Elevated insider activity with 17 Form 4 filings in last 90 days warrants monitoring for potential leadership concerns
- Capital-light business model (capex only 1% of revenue) limits reinvestment capacity for growth initiatives
- Net income fell 35.2% and EPS declined 32.1%, signaling significant earnings pressure
- Profitability is relatively thin with a 5.8% operating margin and 2.9% net margin
- Interest coverage of 3.4x leaves limited cushion if earnings weaken further or borrowing costs stay elevated
Key Metrics to Watch
- Quarterly revenue trends to confirm stabilization or continued contraction in staffing demand
- Net margin progression and operating leverage realization as revenue stabilizes
- Free cash flow sustainability and dividend coverage ratios given lower earnings base
- Debt refinancing needs given $1.2B long-term debt maturity schedule
- Operating margin and net margin trend
- Revenue growth versus free cash flow conversion
ASGN Inc (ASGN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.16x current ratio provides a solid financial cushion.
ASGN Profit Margin, ROE & Profitability Analysis
ASGN vs Services Sector: How ASGN Inc Compares
How ASGN Inc compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ASGN Inc Stock Overvalued? ASGN Valuation Analysis 2026
Based on fundamental analysis, ASGN Inc shows some fundamental concerns relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ASGN Inc Balance Sheet: ASGN Debt, Cash & Liquidity
ASGN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: ASGN Inc's revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.50 reflects profitable operations.
ASGN Revenue Growth, EPS Growth & YoY Performance
ASGN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.0B | $38.1M | $0.87 |
| Q2 2025 | $1.0B | $29.3M | $0.67 |
| Q1 2025 | $968.3M | $20.9M | $0.48 |
| Q3 2024 | $1.0B | $47.5M | $1.06 |
| Q2 2024 | $1.0B | $47.2M | $1.02 |
| Q1 2024 | $1.0B | $38.1M | $0.81 |
| Q3 2023 | $1.1B | $59.4M | $1.23 |
| Q2 2023 | $1.1B | $60.1M | $1.22 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ASGN Inc Dividends, Buybacks & Capital Allocation
ASGN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for ASGN Inc (CIK: 0000890564)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ASGN
What is the AI rating for ASGN?
ASGN Inc (ASGN) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ASGN's key strengths?
Claude: Strong free cash flow generation of $288.1M with 7.2% FCF margin demonstrates cash conversion capability. Healthy liquidity position with 2.16x current ratio and 2.16x quick ratio providing operational flexibility. ChatGPT: Strong liquidity with a 2.16x current and quick ratio. Healthy cash generation with $288.1M of free cash flow and a 7.2% FCF margin.
What are the risks of investing in ASGN?
Claude: Declining profitability with net income down 35.2% YoY and net margin contracting to 2.9%, signaling margin compression issues. Revenue contraction of 2.9% YoY indicates organic growth challenges in the staffing services sector. ChatGPT: Net income fell 35.2% and EPS declined 32.1%, signaling significant earnings pressure. Profitability is relatively thin with a 5.8% operating margin and 2.9% net margin.
What is ASGN's revenue and growth?
ASGN Inc reported revenue of $4.0B.
Does ASGN pay dividends?
ASGN Inc does not currently pay dividends.
Where can I find ASGN SEC filings?
Official SEC filings for ASGN Inc (CIK: 0000890564) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ASGN's EPS?
ASGN Inc has a diluted EPS of $2.60.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ASGN a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, ASGN Inc has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ASGN stock overvalued or undervalued?
Valuation metrics for ASGN: ROE of 6.3% (sector avg: 16%), net margin of 2.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy ASGN stock in 2026?
Our dual AI analysis gives ASGN Inc a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ASGN's free cash flow?
ASGN Inc's operating cash flow is $327.9M, with capital expenditures of $39.8M. FCF margin is 7.2%.
How does ASGN compare to other Services stocks?
Vs Services sector averages: Net margin 2.9% (avg: 10%), ROE 6.3% (avg: 16%), current ratio 2.16 (avg: 1.5).