ASGN Inc
NYSE:ASGN
ASGN Inc
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.
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.
Revenue: Q4 2025 revenue was $980.1 million, reaching the top end of guidance and showing stable performance year-over-year.
Consulting Growth: Commercial consulting revenue grew 19.2% year-over-year, driven by strong demand in digital engineering and AI solutions.
Margin Performance: Adjusted EBITDA margin was 11%, above guidance, and gross margin held steady at 28.9%.
Federal Segment: Federal revenue declined 3.7% year-over-year, impacted by contract delays and a government shutdown, but backlog and demand remain strong.
M&A Update: Announced $290 million acquisition of Quinnox, expected to add digital engineering and offshore delivery capabilities.
Shareholder Returns: $64.2 million in share repurchases in Q4; a new $1 billion buyback program is in place.
2026 Outlook: Q1 2026 revenue is guided to $960–980 million, with continued margin pressure from payroll taxes and Quinnox accretion expected later in the year.
Cost Savings: $80 million in structural cost savings targeted over three years, with ramp-up expected in 2027 and 2028.
