
ASGN Inc. Revenues Drop 7.9% in IT Recession, But Consulting Margins Rise
ASGN IncorporatedDescription
What this story covers
ASGN Inc. reported 4.1 billion dollars revenues down 7.9 percent in 2024 amid IT slowdown, with consulting at 57.5 percent boosting margins to 28.9 percent. Federal backlog at 3.1 billion dollars provides stability; strong cash flow supports 327.2 million dollars buybacks. Focus on AI and cybersecurity positions for recovery.
Story snapshot
CompanyASGN Incorporated
TickerASGN
VariantStandard detailed
Duration12:36
Filing type10-K
PeriodAnnual 2024
IndustryProfessional & Business Services
Accession0000890564-25-000008
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