Slide 1: Q2 2022 Earnings Supplemental Materials
Q2 2022 Earnings Supplemental Materials
Slide 2: Safe Harbor
Safe Harbor Certain information in this presentation is “forward-looking” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and involves a high degree of risk and uncertainty. Forward-looking information includes estimates of the company’s future financial and ope
Slide 3: Summary Consolidated Financial Data
Summary Consolidated Financial Data ($’s in millions, except per share data) OPERATING DATA BALANCE SHEET & OTHER ` Q2 Change 2022 2021 6/30/22 12/31/21 Results From Continuing Operations Cash & Cash Equivalents $ 490.6 $ 529.6 Senior Secured Leverage Ratio Revenues $ 1,141.8 $ 974.9 17.1% Gross Pro
Slide 4: Commercial Segment
Commercial Segment ($’s in millions) REVENUES BY TYPE GROSS PROFIT & MARGIN $832.9 $850.6 $281.7 $790.5 $272.6 $774.9 $256.8 37. 0% $712.5 $255. 0 $251.1 $204.7 $222.2 $228.3 35. 0% $187.6 $191.7 $144.4 33.1% 32.7% $205. 0 32.4% 32.5% 33. 0% 32.0% $155. 0 31. 0% $587.3 $598.8 $628.2 $628.4 $105. 0 $
Slide 5: Federal Government Segment
Federal Government Segment ($’s in millions) REVENUES & GROSS PROFIT CONTRACT BACKLOG Q2 6/30/22 3/31/22 6/30/21 Change 2022 2021 Funded Backlog $ 455.5 $ 488.4 $ 449.1 Revenues Unfunded Backlog 2,395.2 2,382.9 2,272.5 $ 291.2 $ 262.4 11.0% Total $ 2,850.7 $ 2,871.3 $ 2,721.6 Gross Profit $ 62.3 $ 4
Slide 6: Q3 2022 Financial Estimates
Q3 2022 Financial Estimates ($’s in millions, except per share data) Q3 2022 Financial Estimates Q3 2021 Low High Revenues $ 1,183.0 $ 1,203.0 $ 1,073.8 Y-Y Revenue Growth 10.2% 12.0% 18.7% SG&A expenses 225.7 229.1 192.7 Amortization of intangible assets 17.9 17.9 15.9 Income from continuing operat
Slide 7: Appendix
7 Appendix ¥ = — Dall Qassy
Slide 8: Selected Financial Data
Selected Financial Data 2020 2021 2022 ($ in millions, except per share amounts) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Revenues - by Segment and Type: Commercial Assignment $ 563.1 $ 506.9 $ 519.2 $ 527.8 $ 2,117.0 $ 531.7 $ 568.1 $ 587.3 $ 598.8 $ 2,285.9 $ 628.2 $ 628.4 Consulting 89.6 85.3 96.6 109
Slide 9: Reconciliations of GAAP to Non-GAAP Measures
Reconciliations of GAAP to Non-GAAP Measures 2020 2021 2022 ($ in millions, except per share amounts) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q1 Free Cash Flow Cash provided by operating activities $ 64.1 $ 186.1 $ 87.6 $ 87.0 $ 424.8 $ 119.8 $ 84.9 $ 71.2 $ (82.2) $ 193.7 $ 56.0 $ 88.4 Capital expenditure
Slide 10: Commercial Segment
Commercial Segment 2020 2021 2022 ($ in millions) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Revenues by Type: Assignment $ 563.1 $ 506.9 $ 519.2 $ 527.8 $ 2,117.0 $ 531.7 $ 568.1 $ 587.3 $ 598.8 $ 2,285.9 $ 628.2 $ 628.4 Consulting 89.6 85.3 96.6 109.4 380.9 117.5 144.4 187.6 191.7 641.2 204.7 222.2 652.7
Slide 11: Federal Government Segment
Federal Government Segment 2020 2021 2022 ($ in millions) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Revenues $ 212.7 $ 239.7 $ 288.6 $ 263.2 $ 1,004.2 $ 257.8 $ 262.4 $ 298.9 $ 263.3 $ 1,082.4 $ 258.1 $ 291.2 Gross Margin 17.4% 18.3% 15.9% 16.0% 16.8% 17.5% 18.3% 19.3% 21.6% 19.2% 20.9% 21.4% Operating In
Slide 12: Billable Days
Billable Days Q1 Q2 Q3 Q4 FY 2022 63.00 63.50 64.00 60.00 250.50 2021 62.00 63.50 64.00 61.00 250.50 22 v 21 1.00 - - (1.00) - ©2022 ASGN Incorporated. All rights reserved. 12
Slide 13: Notes
Notes 1 This presentation includes non-GAAP financial measures. Reconciliations from the comparable 5 Contract backlog represents the estimated amount of future revenues to be recognized under GAAP measures to the non-GAAP measures are included in the Appendix of this presentation. negotiated contra
Slide 14: ASGN Incorporated contact details
ASGN Incorporated 4400 Cox Road, Suite 110 | Richmond, VA 23060 888.482.8068 | investors.ASGN.com