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and History ASGN Incorporated ("ASGN," "our", "we," or "us") is a leading provider of information technology (IT) solutions to the commercial and government sectors. In November 2025, ASGN announced its intent to rebrand to Everforth, a new parent brand that will unify our six brands Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc under a single identity.
Operating margin is thin at 5.79%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 2.9% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 21% versus the prior year, cash generation momentum has weakened. ROIC dropped from 8.15% to 6.13%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$3.98B
▼ -2.9% YoY
Net Income (TTM)
$98M
▼ -35.2% YoY
Op. Margin
5.31%
▼ -1.6pp YoY
ROIC
5.35%
▼ -2.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$291M
▼ -21.0% YoY
Op. Cash Flow (TTM)
$330M
▼ -18.0% YoY
Net Debt
$1.38B
Cash & Equiv.
$144M
5Y CAGR: +2.6%
5Y CAGR: -6.0%
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