ASGN Inc
NYSE:ASGN

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ASGN Inc
NYSE:ASGN
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Price: 45.82 USD 0.86%
Market Cap: 2B USD

ASGN Inc
Investor Relations

ASGN Inc. stands as a prominent player within the world of commercial and professional staffing, with a keen focus on delivering specialized workforce solutions across the IT and healthcare sectors. The company functions through several distinct segments, each tailored to meet specific industry needs. The Apex Systems segment, for instance, offers IT and professional solutions, including temporary staffing, permanent placement, and workforce consulting. This is complemented by the Oxford Global Resources segment, which supplies highly skilled professionals for IT, engineering, and regulatory and compliance fields. By aligning its segments closely with the evolving needs of burgeoning industries, ASGN positions itself as a critical partner to clients navigating technical and competitive landscapes.

At the heart of ASGN’s business model is its ability to generate revenue through client-centric engagements, serving as a bridge between talent and opportunities. The company earns its keep by contracting its expert candidates to businesses in need of specialized skills, taking a fee based on the duration and complexity of each placement. ASGN’s strengths lie in its agility and capacity to respond to the dynamic demands of workforce markets, flexibly adapting its offerings to match industry shifts. Strategic acquisitions have bolstered this adaptability, expanding ASGN’s reach and reinforcing its reputation for delivering consistent, quality staffing solutions. This structured yet agile approach enables ASGN to maintain resilience and profitability, even amid the unpredictable tides of economic change.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 22, 2025
AI Summary
Q3 2025

Revenue: Q3 revenue was $1.01 billion, at the high end of guidance but down 1.9% year-over-year.

Margins: Adjusted EBITDA margin reached 11.1%, also at the high end of guidance; gross margin improved year-over-year.

Commercial Consulting Growth: Commercial consulting revenues rose 17.5% year-over-year, now representing 63% of total revenue.

Federal Segment: Federal bookings rose to $461 million for Q3 and backlog hit $3.1 billion, but federal revenue declined 3.9% year-over-year; management cited only minor impact from the government shutdown so far.

Guidance: Q4 revenue is expected between $960 million and $980 million, with net income guidance of $32.1 million to $35.7 million.

AI & Digital Demand: Ongoing client investment in AI, data, and cloud is driving new business, though enterprise-wide AI adoption faces integration and talent challenges.

Staffing Headwinds: Assignment (staffing) revenue declined 13.2% year-over-year as clients shift to outcome-based consulting services.

Share Buybacks: $46 million spent on share repurchases in Q3, with $423 million remaining under the authorization.

Key Financials
Revenue
$1.01B
Adjusted EBITDA
$112.6M
Adjusted EBITDA Margin
11.1%
Net Income
$38.1M
Free Cash Flow
$72M
Gross Margin
29.4%
Commercial Segment Revenue
$711.3M
Assignment Revenue
$376.4M
Commercial Consulting Revenue
$334.9M
Federal Government Segment Revenue
$300.1M
SG&A Expense
$212.2M
Cash and Cash Equivalents
$126.5M
Net Leverage Ratio
2.4x
Earnings Call Recording
Other Earnings Calls

Management

Mr. Theodore S. Hanson CPA
CEO & Director
No Bio Available
Mr. Randolph C. Blazer
President
No Bio Available
Ms. Marie L. Perry
Executive VP & CFO
No Bio Available
Ms. Rose L. Cunningham
Chief Accounting Officer, VP of Finance & Corporate Controller
No Bio Available
Ms. Jennifer Hankes Painter J.D.
Senior VP, Chief Legal Officer & Secretary
No Bio Available
Mr. Robin G. Palmer
Chief Technology Officer
No Bio Available
Mr. James L. Brill
Senior VP, Chief Administrative Officer & Treasurer
No Bio Available
Ms. Michele C. McCauley
Chief Human Resources Officer
No Bio Available
Mr. Sean P. Casey
President of Apex Systems LLC
No Bio Available
Mr. Matthew M. Riley
President of Creative Circle, LLC
No Bio Available

Contacts

Address
VIRGINIA
Glen Allen
4400 Cox Road, Suite 110
Contacts
+18884828068.0
www.asgn.com