Octave Specialty Group, Inc. (OSG) - Net Assets
Based on the latest financial reports, Octave Specialty Group, Inc. (OSG) has net assets worth $1.64 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.27 Billion) and total liabilities ($622.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Octave Specialty Group, Inc. (OSG) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.64 Billion |
| % of Total Assets | 72.55% |
| Annual Growth Rate | 1.34% |
| 5-Year Change | -2.67% |
| 10-Year Change | -45.09% |
| Growth Volatility | 45.3 |
Octave Specialty Group, Inc. - Net Assets Trend (1985–2025)
This chart illustrates how Octave Specialty Group, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore OSG asset base for the complete picture of this company's asset base.
Annual Net Assets for Octave Specialty Group, Inc. (1985–2025)
The table below shows the annual net assets of Octave Specialty Group, Inc. from 1985 to 2025. For live valuation and market cap data, see OSG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.09 Billion | -9.15% |
| 2024-12-31 | $1.20 Billion | -16.50% |
| 2023-12-31 | $1.43 Billion | +8.05% |
| 2022-12-31 | $1.32 Billion | +18.73% |
| 2021-12-31 | $1.12 Billion | -2.70% |
| 2020-12-31 | $1.15 Billion | -25.37% |
| 2019-12-31 | $1.54 Billion | -5.89% |
| 2018-12-31 | $1.63 Billion | -0.74% |
| 2017-12-31 | $1.65 Billion | -16.82% |
| 2016-12-31 | $1.98 Billion | +1.00% |
| 2015-12-31 | $1.96 Billion | +17.00% |
| 2014-12-31 | $1.67 Billion | +71.06% |
| 2013-12-31 | $978.42 Million | +130.13% |
| 2012-12-31 | $-3.25 Billion | -3.09% |
| 2011-12-31 | $-3.15 Billion | -132.57% |
| 2010-12-31 | $-1.35 Billion | +17.10% |
| 2009-12-31 | $-1.63 Billion | +47.00% |
| 2008-12-31 | $-3.08 Billion | -235.20% |
| 2007-12-31 | $2.28 Billion | -63.13% |
| 2006-12-31 | $6.18 Billion | +15.11% |
| 2005-12-31 | $5.37 Billion | +6.92% |
| 2004-12-31 | $5.02 Billion | +18.10% |
| 2003-12-31 | $4.25 Billion | +17.36% |
| 2002-12-31 | $3.63 Billion | +21.50% |
| 2001-12-31 | $2.98 Billion | +14.93% |
| 2000-12-31 | $2.60 Billion | +28.62% |
| 1999-12-31 | $2.02 Billion | -3.70% |
| 1998-12-31 | $2.10 Billion | +11.94% |
| 1997-12-31 | $1.87 Billion | +15.94% |
| 1996-12-31 | $1.62 Billion | +15.03% |
| 1995-12-31 | $1.40 Billion | +35.85% |
| 1994-12-31 | $1.03 Billion | -6.02% |
| 1993-12-31 | $1.10 Billion | +27.68% |
| 1992-12-31 | $861.30 Million | +15.24% |
| 1991-12-31 | $747.40 Million | +4.96% |
| 1990-12-31 | $712.10 Million | +0.64% |
| 1989-12-31 | $707.60 Million | +1.71% |
| 1988-12-31 | $695.70 Million | +5.06% |
| 1987-12-31 | $662.20 Million | +0.11% |
| 1986-12-31 | $661.50 Million | +3.83% |
| 1985-12-31 | $637.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Octave Specialty Group, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 36.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $370.43 Million | 51.75% |
| Common Stock | $489.00K | 0.07% |
| Other Comprehensive Income | $8.48 Million | 1.19% |
| Other Components | $336.39 Million | 47.00% |
| Total Equity | $715.79 Million | 100.00% |
Octave Specialty Group, Inc. Competitors by Market Cap
The table below lists competitors of Octave Specialty Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSLM Digital Asset Acquisition Corp III, Ltd
NASDAQ:KOYN
|
$241.78 Million |
|
Dimand S.A.
AT:DIMAND
|
$241.82 Million |
|
Saturn Metals Ltd
AU:STN
|
$241.82 Million |
|
Ingevec
SN:INGEVEC
|
$241.83 Million |
|
Asuransi Tugu Pratama Indonesia Tbk PT
JK:TUGU
|
$241.68 Million |
|
Xingda International Holdings Limited
F:XDH
|
$241.67 Million |
|
Shin Ruenn Development Co Ltd
TWO:6186
|
$241.63 Million |
|
Nusantara Infrastructure Tbk
JK:META
|
$241.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Octave Specialty Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 856,906,000 to 715,790,000, a change of -141,116,000 (-16.5%).
- Net loss of 240,916,000 reduced equity.
- Share repurchases of 29,942,000 reduced equity.
- Other comprehensive income increased equity by 196,919,000.
- Other factors decreased equity by 67,177,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-240.92 Million | -33.66% |
| Share Repurchases | $29.94 Million | -4.18% |
| Other Comprehensive Income | $196.92 Million | +27.51% |
| Other Changes | $-67.18 Million | -9.39% |
| Total Change | $- | -16.47% |
Book Value vs Market Value Analysis
This analysis compares Octave Specialty Group, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.35x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.06x to 0.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $96.41 | $5.38 | x |
| 1986-12-31 | $100.60 | $5.38 | x |
| 1987-12-31 | $100.73 | $5.38 | x |
| 1988-12-31 | $105.50 | $5.38 | x |
| 1989-12-31 | $108.37 | $5.38 | x |
| 1990-12-31 | $113.26 | $5.38 | x |
| 1991-12-31 | $7.17 | $5.38 | x |
| 1992-12-31 | $8.20 | $5.38 | x |
| 1993-12-31 | $10.30 | $5.38 | x |
| 1994-12-31 | $9.74 | $5.38 | x |
| 1995-12-31 | $13.24 | $5.38 | x |
| 1996-12-31 | $15.26 | $5.38 | x |
| 1997-12-31 | $17.85 | $5.38 | x |
| 1998-12-31 | $19.56 | $5.38 | x |
| 1999-12-31 | $18.83 | $5.38 | x |
| 2000-12-31 | $24.17 | $5.38 | x |
| 2001-12-31 | $27.36 | $5.38 | x |
| 2002-12-31 | $33.27 | $5.38 | x |
| 2003-12-31 | $38.91 | $5.38 | x |
| 2004-12-31 | $45.28 | $5.38 | x |
| 2005-12-31 | $49.11 | $5.38 | x |
| 2006-12-31 | $57.51 | $5.38 | x |
| 2007-12-31 | $22.15 | $5.38 | x |
| 2008-12-31 | $-40.15 | $5.38 | x |
| 2009-12-31 | $-24.29 | $5.38 | x |
| 2010-12-31 | $-21.32 | $5.38 | x |
| 2011-12-31 | $-40.48 | $5.38 | x |
| 2012-12-31 | $-41.48 | $5.38 | x |
| 2013-12-31 | $14.98 | $5.38 | x |
| 2014-12-31 | $29.81 | $5.38 | x |
| 2015-12-31 | $36.62 | $5.38 | x |
| 2016-12-31 | $37.48 | $5.38 | x |
| 2017-12-31 | $30.44 | $5.38 | x |
| 2018-12-31 | $34.19 | $5.38 | x |
| 2019-12-31 | $32.14 | $5.38 | x |
| 2020-12-31 | $23.40 | $5.38 | x |
| 2021-12-31 | $22.31 | $5.38 | x |
| 2022-12-31 | $26.97 | $5.38 | x |
| 2023-12-31 | $29.84 | $5.38 | x |
| 2024-12-31 | $18.24 | $5.38 | x |
| 2025-12-31 | $15.17 | $5.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Octave Specialty Group, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -33.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -95.90%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 3.11x
- Recent ROE (-33.66%) is below the historical average (15.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 4.87% | 11.53% | 0.21x | 1.99x | $-32.71 Million |
| 1986 | 5.64% | 12.64% | 0.24x | 1.87x | $-28.85 Million |
| 1987 | 5.36% | 12.10% | 0.23x | 1.90x | $-30.72 Million |
| 1988 | 6.67% | 15.09% | 0.23x | 1.89x | $-23.17 Million |
| 1989 | 7.35% | 16.77% | 0.20x | 2.18x | $-18.76 Million |
| 1990 | 7.85% | 13.99% | 0.27x | 2.10x | $-15.31 Million |
| 1991 | 15.21% | 60.70% | 0.13x | 1.92x | $38.96 Million |
| 1992 | 15.12% | 54.11% | 0.12x | 2.41x | $44.07 Million |
| 1993 | 16.30% | 54.73% | 0.09x | 3.46x | $69.33 Million |
| 1994 | 13.65% | 60.25% | 0.05x | 4.15x | $37.75 Million |
| 1995 | 11.93% | 59.33% | 0.05x | 3.78x | $27.10 Million |
| 1996 | 17.11% | 61.01% | 0.08x | 3.64x | $114.80 Million |
| 1997 | 11.91% | 58.42% | 0.05x | 4.41x | $35.75 Million |
| 1998 | 12.12% | 55.58% | 0.04x | 5.35x | $44.39 Million |
| 1999 | 15.25% | 57.73% | 0.05x | 5.62x | $106.06 Million |
| 2000 | 14.11% | 41.08% | 0.09x | 3.90x | $106.59 Million |
| 2001 | 14.51% | 45.72% | 0.08x | 4.11x | $134.53 Million |
| 2002 | 11.93% | 45.13% | 0.06x | 4.24x | $70.08 Million |
| 2003 | 14.55% | 48.65% | 0.08x | 3.94x | $193.44 Million |
| 2004 | 14.42% | 51.70% | 0.08x | 3.70x | $222.15 Million |
| 2005 | 13.98% | 46.53% | 0.08x | 3.67x | $213.79 Million |
| 2006 | 14.16% | 47.81% | 0.09x | 3.28x | $257.49 Million |
| 2007 | -142.47% | 0.00% | -0.18x | 10.34x | $-3.48 Billion |
| 2008 | 0.00% | 0.00% | -0.16x | 0.00x | $-5.23 Billion |
| 2009 | 0.00% | 0.37% | 0.21x | 0.00x | $243.39 Million |
| 2010 | 0.00% | -173.49% | 0.01x | 0.00x | $-552.35 Million |
| 2011 | 0.00% | -669.90% | 0.01x | 0.00x | $-1.58 Billion |
| 2012 | 0.00% | -29.73% | 0.03x | 0.00x | $134.07 Million |
| 2013 | 548.27% | 303.80% | 0.05x | 38.56x | $3.78 Billion |
| 2014 | 34.60% | 120.00% | 0.02x | 17.98x | $344.16 Million |
| 2015 | 29.29% | 76.55% | 0.03x | 14.08x | $324.92 Million |
| 2016 | 4.37% | 14.91% | 0.02x | 13.21x | $-96.55 Million |
| 2017 | -23.82% | -53.41% | 0.03x | 16.79x | $-467.11 Million |
| 2018 | 16.77% | 52.56% | 0.03x | 9.16x | $107.80 Million |
| 2019 | -14.62% | -43.55% | 0.04x | 9.02x | $-363.70 Million |
| 2020 | -40.46% | -280.13% | 0.01x | 12.24x | $-545.00 Million |
| 2021 | -1.64% | -6.88% | 0.02x | 11.85x | $-120.80 Million |
| 2022 | 41.63% | 972.26% | 0.01x | 6.37x | $396.05 Million |
| 2023 | 0.27% | 2.91% | 0.01x | 6.19x | $-132.53 Million |
| 2024 | -64.94% | -235.97% | 0.03x | 9.40x | $-642.14 Million |
| 2025 | -33.66% | -95.90% | 0.11x | 3.11x | $-312.50 Million |
Industry Comparison
This section compares Octave Specialty Group, Inc.'s net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $2,588,756,518
- Average return on equity (ROE) among peers: 13.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Octave Specialty Group, Inc. (OSG) | $1.64 Billion | 4.87% | 0.38x | $241.72 Million |
| Enact Holdings Inc (ACT) | $3.83 Billion | 17.71% | 0.19x | $5.95 Billion |
| Assured Guaranty Ltd (AGO) | $1.65 Billion | 9.68% | 0.78x | $3.36 Billion |
| Ambac Financial Group Inc (AMBC) | $1.32 Billion | 39.34% | 5.02x | $393.43 Million |
| AMERISAFE Inc (AMSF) | $317.43 Million | 17.52% | 3.00x | $567.85 Million |
| AXIS Capital Holdings Ltd (AXS) | $5.50 Billion | 9.05% | 1.78x | $7.37 Billion |
| Employers Holdings Inc (EIG) | $944.20 Million | 5.13% | 2.94x | $766.39 Million |
| Essent Group Ltd (ESNT) | $722.14 Million | 9.06% | 0.18x | $5.75 Billion |
| First American Corporation (FAF) | $2.58 Billion | 9.07% | 2.97x | $6.88 Billion |
| Fidelity National Financial Inc (FNF) | $8.97 Billion | 6.71% | 11.15x | $12.94 Billion |
| Investors Title Company (ITIC) | $52.67 Million | 15.40% | 0.61x | $449.91 Million |
About Octave Specialty Group, Inc.
Octave Specialty Group, Inc., an insurance holding company, primarily engages in the specialty property and casualty insurance business in the United States and the United Kingdom. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with … Read more