MARKETS / NYSE / OSG
NYSE · SURETY INSURANCE · MID CAP

Octave Specialty Group, Inc. OSG

12 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$143.4M
▲ 55.8% vs FY2024
EPS · FY25
$-5.93
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-34.2%
Net margin · FY25
-180.7%
Dividend coverage
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Result
USD 143.4M
Revenue, FY2025 · full 12-year series below
Revenue Net income
0.20.40.60.80.1-0.320102016201920232025
0.20.40.60.80.1-0.32016201920232025

The company lost 181 cents on every revenue dollar this year.

Per share
USD -5.93
Diluted EPS, FY2025
EPS
4812-5.9320102016201920232025
4812-5.932016201920232025

The company pays no cash dividend.

Profitability
-34.2%
Return on equity, FY2025
ROE
481216-34.2%20102016201920232025
481216-34.2%2016201920232025
Operating margin-70.5%
Net margin-180.7%
Return on assets-5.0%

Each USD of equity lost 34 cents this year.

Returned to shareholders
USD 29.9M
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacksUSD 29.9M
Share of profit-11.6%
Consecutive raises

USD 29.9M in buybacks went back to shareholders in a year without profit.

Growth
−1.7% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+67.2%
−1.7%
−7.1%
Returned to shareholders
+28.2%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.05B
Shares outstanding, FY2025
0.310.0520102016201920232025
0.050.052016201920232025
Change, 5 years−1.8%
Change, 10 years+3.3%

The share count shrank 2% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 2.2B
total assets, end of FY2025
Total assetsUSD 2.2B
EquityUSD 715.8M
CashUSD 70.1M
Gross debtUSD 117.6M
Net debtUSD 47.5M

Net debt stands at 7% of equity.

History
12 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2020
2019
2018
2017
2016
2012
2011
2010
Revenue $B
0.1
0.1
0.1
0.0
0.2
0.5
0.5
0.6
0.5
0.7
0.3
0.4
Operating income $B
−0.1
−0.1
−0.0
−0.0
·
·
·
·
·
·
·
·
EBITDA $B
−0.1
−0.0
−0.0
−0.0
·
·
·
·
·
·
·
·
Income tax $B
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
Net income $B
−0.3
−0.6
0.0
0.5
−0.4
−0.2
0.2
−0.3
0.1
−0.3
−2.0
−0.8
EPS, diluted $
−5.93
−11.96
0.18
11.48
−9.47
−4.69
3.99
−7.25
1.64
−0.85
−6.48
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−34.2
−51.5
0.4
·
−34.2
−14.1
12.5
−23.8
·
·
·
·
Shares out B
0.05
0.05
·
·
0.05
0.05
0.05
·
·
0.31
0.31
0.31

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
20 of 22
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 1 failures and 1 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed