In fiscal 2025, which ended Dec 31, 2025, Octave Specialty Group, Inc. used $52.3 million of cash from operations, down 6961.3% from the year before. The company returned $29.9 million in share buybacks to shareholders.
USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2012
Dec 31, 2012
|
FY 2011
Dec 31, 2011
|
|---|---|---|---|---|---|---|---|---|
| Operating | ||||||||
| Depreciation and amortization |
48
|
42
+1689.0%
|
2
|
—
|
—
|
—
|
—
|
—
|
| Stock-based compensation |
2
|
10
+3.8%
|
9
|
11
-8.3%
|
12
+0.0%
|
12
|
—
|
15
|
| Operating cash flow |
—
|
-52
-6961.3%
|
1
|
-175
+43.7%
|
-311
+79.8%
|
-1,543
|
-614
-17358.9%
|
4
|
| Investing | ||||||||
| Investing cash flow |
—
|
200
+220.2%
|
-166
|
432
-56.8%
|
1,000
-37.0%
|
1,588
|
1,038
+355.2%
|
228
|
| Financing | ||||||||
| Debt issued |
—
|
117
|
—
|
—
|
—
|
—
|
—
|
—
|
| Debt repaid |
—
|
—
|
—
|
0
|
0
-100.0%
|
191
|
188
|
—
|
| Short-term debt issued |
—
|
0
-100.0%
|
147
|
—
|
—
|
—
|
—
|
—
|
| Stock buybacks |
—
|
30
+156.0%
|
12
|
—
|
—
|
—
|
—
|
—
|
| Financing cash flow |
—
|
21
|
—
|
-303
+56.2%
|
-691
-18.1%
|
-585
|
-396
-76.0%
|
-225
|
| Change in cash | ||||||||
| Effect of exchange rate |
-0
|
1
+361.6%
|
-1
|
—
|
—
|
—
|
—
|
—
|
| Shareholder returns | ||||||||
| Returned to shareholders |
—
|
30
|
12
|
—
|
—
|
—
|
—
|
—
|
| Ratios | ||||||||
| Stock-based compensation to revenue |
0.85%
|
6.77%
|
10.17%
|
7.05%
|
2.42%
|
2.35%
|
—
|
5.23%
|
| Cash conversion |
—
|
—
|
—
|
—
|
—
|
-8.30x
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. The first column is the trailing twelve months through the latest quarter. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.
Company profile
- Industry
- Surety Insurance (SIC 6351)
- Listed as
- OSG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Accelerated filer
- SEC CIK
- 874501
- Former names
- AMBAC FINANCIAL GROUP INC (until Nov 10, 2025); AMBAC INC /DE/ (until Jan 2, 1998)
Other Surety Insurance companies
- Old Republic International Corp ORI
- Essent Group Ltd. ESNT
- Mgic Investment Corp MTG
- Radian Group Inc RDN
- NMI Holdings, Inc. NMIH
- Assured Guaranty Ltd AGO
- Mbia Inc MBI
Source: SEC EDGAR filings. This is company-reported data, not investment advice.