OCTAVE SPECIALTY GROUP INC
OSGNYSEFinancials · Surety Insurance · DE · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $143.4M | $92.0M | $51.3M | $30.7M | $156.0M | $496.0M |
| Operating income | — | — | — | — | — | — |
| Net income | −$259.1M | −$556.1M | $5.0M | $522.1M | −$280.0M | −$43.0M |
| Total assets | $2.22B | $8.06B | $8.43B | $7.97B | $13.22B | $13.32B |
| Total liabilities | $1.14B | $6.86B | $7.00B | — | $12.07B | $11.78B |
| Equity | $715.8M | $798.4M | $1.36B | $1.31B | $1.08B | $1.48B |
| EPS (diluted) | $-5.93 | $-11.96 | $0.18 | $11.48 | $-6.07 | $-0.94 |
| Shares out. | 46.2M | 46.5M | 45.6M | 45.7M | 45.6M | 45.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- −180.7%
- Return on equity
- −36.2%
- Return on assets
- −11.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 51.1%
- Debt / equity
- 1.59×
- Book value / share
- $15.48
- Revenue growth (YoY)
- 55.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −9.3%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 2 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 11, 2016
- NT 11-Kmissed a reporting deadline ↗Jun 30, 2011
- NT 10-Qmissed a reporting deadline ↗Nov 10, 2010
- NT 10-Qmissed a reporting deadline ↗May 11, 2010
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Jane Street Group, LlcPassive (13G)May 11, 2026
- Western Standard LlcPassive (13G)May 11, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Susquehanna Securities, LlcPassive (13G)Nov 13, 2025
- Blackrock, Inc.Passive (13G)Oct 17, 2025
- Dimensional Fund Advisors LpPassive (13G)Oct 9, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ahn Cristina E.Officer — Chief Accounting Officer | Mar 10, 2026 | Option exercise | 835 | — |
| Leblanc ClaudeOfficer — Chief Executive Officer | Mar 3, 2026 | Option exercise | 24,548 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.3M | 1.0 | -3.5% |
| Apr 30, 2026 | 1.3M | 3.4 | -2.6% |
| Apr 15, 2026 | 1.3M | 1.8 | -6.1% |
| Mar 31, 2026 | 1.4M | 2.3 | -15.1% |
| Mar 13, 2026 | 1.7M | 3.1 | +0.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 29, 2026
- Results of operationsMay 6, 2026
- Entered a material agreement · New financial obligationApr 7, 2026
- Results of operationsFeb 23, 2026
- Changed auditorDec 15, 2025
- Amended charter or bylawsNov 10, 2025
- Results of operationsNov 10, 2025
- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Regulation FD disclosureNov 3, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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