ASGN
TechnologyASGN Incorporated · Information Technology Services · $890M
What is ASGN Incorporated?
ASGN Incorporated delivers IT services, professional staffing, and consulting solutions across both commercial and federal government markets in the United States. Headquartered in Glen Allen, Virginia, the company serves clients ranging from Fortune 1000 enterprises to defense and intelligence agencies.
ASGN operates through two segments. Its Commercial Segment provides IT consulting, digital transformation, cloud solutions, and creative digital marketing services to mid-market and large enterprise clients. Its Federal Government Segment delivers mission-critical technology solutions — including cybersecurity, artificial intelligence, machine learning, and IT modernization — to the Department of Defense, intelligence agencies, and civilian federal bodies. Revenue is generated through project-based consulting engagements and professional staffing placements.
ASGN was incorporated in 1992 and is based in Glen Allen, Virginia.
- IT consulting and workforce mobilization for commercial clients
- Cloud, data analytics, and digital transformation solutions
- Cybersecurity and AI solutions for federal agencies
- Creative digital marketing and permanent placement services
- Application modernization and science and engineering support
Is ASGN a Good Stock to Buy?
UQS Score rates ASGN as Below Average overall.
Among the five pillars, Valuation stands out as the relative bright spot, rated Attractive — suggesting the market may be pricing in a degree of pessimism that could interest value-oriented investors. This is the one area where ASGN differentiates itself within its current profile.
Quality, Moat, Growth, and Risk are all rated Weak, reflecting broad structural challenges across profitability, competitive positioning, business momentum, and balance sheet resilience.
Pro members can view the complete pillar breakdown and underlying financial metrics to understand exactly where ASGN stands relative to sector peers. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ASGN pay dividends?
No — ASGN Incorporated does not currently pay a dividend.
ASGN does not currently pay a dividend. As a professional services and IT consulting firm, the company has historically directed available capital toward acquisitions and organic growth initiatives rather than shareholder distributions. Investors seeking income should look elsewhere, while those focused on capital deployment may find the reinvestment strategy worth monitoring.
When does ASGN report earnings?
ASGN Incorporated reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
The company's Growth and Quality pillar ratings suggest recent results have faced headwinds, with business momentum and profitability metrics trailing stronger peers in the technology services sector. Trends in both commercial demand and federal contract activity are worth watching each quarter.
For the most recent quarter's results and guidance, visit ASGN's investor relations page directly.
ASGN Price History
-60.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in ASGN Incorporated?
Based on ASGN Incorporated's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ASGN Long-term Outlook
ASGN's Growth pillar is rated Weak, indicating the near-term fundamental trajectory faces meaningful headwinds. The Risk pillar, also Weak, adds caution around balance sheet and operational resilience. However, the Attractive Valuation rating suggests the current price may already reflect a significant portion of these concerns, leaving room for re-rating if business conditions improve. The Federal Government segment's exposure to defense and intelligence spending could provide a degree of stability, while commercial IT demand recovery remains a key variable.
Growth drivers
- Federal government IT modernization and cybersecurity spending
- Enterprise demand for cloud and digital transformation consulting
- Potential recovery in commercial staffing and project volumes
Key risks
- Weak competitive moat in a commoditized staffing and consulting market
- Balance sheet and cash flow pressures flagged by the Risk pillar
- Sensitivity to federal budget cycles and government contract renewals
ASGN vs Peers
ASGN operates in a competitive professional services and technology solutions landscape alongside several other specialized firms.
Clarivate focuses on data analytics and intellectual property intelligence, serving a different client base than ASGN's staffing and consulting model.
Keel targets infrastructure-oriented professional services, offering a distinct market focus compared to ASGN's IT and digital consulting emphasis.
Flywire specializes in global payment solutions for education and healthcare verticals, representing a technology-enabled services model rather than traditional IT staffing.
Frequently Asked Questions
What does ASGN Incorporated do?
ASGN provides IT consulting, professional staffing, and technology solutions across two segments: Commercial and Federal Government. The Commercial side serves Fortune 1000 and mid-market clients with digital transformation and cloud services, while the Federal side delivers cybersecurity, AI, and IT modernization to defense and intelligence agencies.
Does ASGN pay dividends?
No, ASGN does not currently pay a dividend. The company has historically prioritized acquisitions and reinvestment in its business over shareholder distributions. Income-focused investors should factor this into their assessment.
When does ASGN report earnings?
ASGN reports on a quarterly cadence, as is standard for US-listed companies. For specific dates and the most recent results, check ASGN's investor relations page, as our data source does not cover upcoming earnings dates.
Is ASGN a good stock to buy?
UQS Score rates ASGN as Below Average overall. While the Valuation pillar is rated Attractive, four of five pillars — Quality, Moat, Growth, and Risk — are rated Weak. Whether that valuation discount compensates for the fundamental challenges depends on an investor's individual risk tolerance and time horizon.
Is ASGN overvalued?
Based on the UQS Valuation pillar, ASGN is rated Attractive, suggesting the stock is not considered overvalued relative to its fundamentals at current levels. This is the strongest-rated pillar in ASGN's profile and may reflect market pessimism already priced in.
How does ASGN compare to its competitors?
ASGN competes in a broad professional services and IT solutions market. Compared to peers like Clarivate, Keel Infrastructure, and Flywire, ASGN's differentiation lies in its dual commercial and federal government focus. The UQS Moat pillar, rated Weak, suggests limited structural advantages over rivals.
What is ASGN's market cap bracket?
ASGN is classified as a small-cap company. This places it below large-cap technology services peers in terms of market size, which can mean greater volatility and less analyst coverage but also potential for re-rating if fundamentals improve.
Who founded ASGN Incorporated?
ASGN was originally incorporated in 1985 under the name On Assignment, Inc. and rebranded to ASGN Incorporated in April 2018. Detailed founding history is publicly available through the company's official filings and investor relations materials.
Is ASGN a long-term quality investment?
As a long-term quality indicator, ASGN's UQS profile raises caution — with Weak ratings across Quality, Moat, Growth, and Risk pillars. Long-term quality investing typically favors companies with durable competitive advantages and consistent profitability, areas where ASGN currently scores below average.
What is the main competitive advantage of ASGN?
ASGN's dual presence in both commercial IT consulting and federal government technology services provides some diversification. However, the UQS Moat pillar is rated Weak, indicating that structural competitive advantages — such as pricing power or switching costs — are not strongly evident in the current business profile.
What sector does ASGN belong to?
ASGN operates in the Technology sector, specifically within IT services and professional solutions. Its business spans commercial digital transformation consulting and federal government technology programs, making it a hybrid of staffing and specialized technology consulting.
Is ASGN a growth stock or value stock?
Given the UQS Growth pillar is rated Weak and the Valuation pillar is rated Attractive, ASGN currently fits neither a pure growth nor a traditional value profile cleanly. It may appeal to contrarian investors looking for a discounted entry into IT services, but growth momentum is not a current strength.
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Pro Analysis
ASGN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| Apr 25, 2026 | 40.4 | 33.7 | 27.0 | 25.3 | 34.8 | 100.0 | -0.3 |
| Apr 24, 2026 | 40.7 | 33.7 | 27.0 | 26.8 | 34.8 | 100.0 | +2.5 |
| Apr 23, 2026 | 38.2 | 33.7 | 27.0 | 27.4 | 17.1 | 100.0 | -0.7 |
| Apr 2, 2026 | 38.9 | 35.0 | 27.0 | 27.4 | 19.2 | 100.0 | — |
ASGN — Pillar Breakdown
Quality
— 33.7/100 (25%)ASGN Incorporated currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 25.3/100 (20%)ASGN Incorporated faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 34.8/100 (15%)ASGN Incorporated presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 100.0/100 (15%)ASGN Incorporated appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 27/100 (25%)ASGN Incorporated operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ASGN.
Score Composition
Financial Data
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How is the ASGN UQS Score Calculated?
The UQS (Unified Quality Score) for ASGN Incorporated is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses ASGN Incorporated's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether ASGN Incorporated is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.