NYSE · ASGN
ASGN Incorporated
Technology · Information Technology Services
$20.96▲ 10.49% ($1.99)at close
As of 3:00 PM ET
Market cap
$894.99M
P/E
10.35
EPS (TTM)
$2.02
Next earnings
Valuation
Cash-flow DCF
Verdict: cheap. Price below all scenarios.
The price holds with free cash flow shrinking 12.5% a year for 5 years. Our scenarios assume 0.4–25.0%.
That's below its past 10-year pace of 15.4%.
Value per share
Base case
$157.50
Price used $20.96 is 87% below this
USD · TTM ending Jun 30, 2026 · Price Apr 27, 7:00 PM UTC
FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.
2 more notes
Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.
This estimate is at least 3× the price used. Review the assumptions behind the gap.
Free cash flow each value needs
Free cash flow today $234M. The price needs $180M by 2036. Base case: $721M. At its recent pace: $983M. Bear to Bull: $284M to $1.4B.
Free cash flow today $234M. The price needs $180M by 2036. Base case: $721M. At its recent pace: $983M. Bear to Bull: $284M to $1.4B.
Free cash flow in 2036
today $234M
−$541Mless than the Base case
Value per share · Base case
$157.50
Price $20.96
87% below this
- Stage 1 growth, yrs 1–5
- 15.4%
- Stage 2 growth, yrs 6–10
- 8.5%
- Discount rate
- 9.2%
FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.
2 more notes
Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.
This estimate is at least 3× the price used. Review the assumptions behind the gap.
USD · TTM ending Jun 30, 2026 · Price Apr 27, 7:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 63.35% over the last year. Revenue declined 0.95% over the trailing twelve months. Operating margin moved from 6.47% to 5.46%. Free cash flow declined 39.12% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 5.46%. Revenue declined 0.95% — this read reverses if that trend stabilizes. Free cash flow fell 39.12% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Return analysis
Company profile
ASGN Incorporated is a U.S.-based professional services company specializing in information technology, digital, and creative solutions for both commercial and government clients.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
4
Buy
5
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Jul 22, 2026
Q2 FY26 · EPS est $0.82 · Revenue est $987.0M
Same quarter, year over year
FY26 YTD -25.0%Each cell vs the same quarter a year earlier (the cell below) · Q1 combined $0.69 vs $0.92 · 0 of 1 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
—
FY25
FY24
FY23
—
—
Fiscal year totals
- FY25
- $4.55
- -13.0%
- FY24
- $5.23
- —
Q1 FY26
Reported Apr 22, 2026 · Latest
HoverTap a cell to inspect
Actual
$0.69
Estimate
$0.98
Year over year
-25.0%
Vs prior quarter
-40.0%
Institutional Sentiment
ASGN Incorporated · ASGN
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.