Octave Specialty (OSG) Change in Accured Expenses (2010 - 2024)
Octave Specialty (OSG) recorded quarterly Change in Accured Expenses of -$37.4 million in Q4 2024, down 349.6% quarter-over-quarter from $15.0 million in Q3 2024, and down 388.0% on a YoY basis from $13.0 million in Q1 2024.
Octave Specialty (OSG) Change in Accured Expenses (2010 - 2024) Analysis & Trends
Octave Specialty's Change in Accured Expenses history runs 15 years deep, the most recent figure standing at -$37.4 million for Q4 2024.
- In Q4 2024, Change in Accured Expenses fell 388.0% year-over-year to -$37.4 million; the TTM figure through Dec 2024 stood at $2.6 million (changed N/A YoY), while the FY2024 annual figure was $2.6 million, changed N/A from the prior year.
- Change in Accured Expenses was -$37.4 million for Q4 2024 at Octave Specialty, down from $15.0 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $30.0 million in Q3 2021 to a low of -$72.0 million in Q4 2022.
- Historically, Change in Accured Expenses has averaged $9.9 million across 5 years, with a median of $22.5 million in 2020.
- Biggest YoY gain for Change in Accured Expenses was 132.43% in 2024; the steepest drop was 388.0% in 2024.
- A 5-year view of Change in Accured Expenses shows it stood at $24.0 million in 2020, then gained by 16.67% to $28.0 million in 2021, then slumped by 357.14% to -$72.0 million in 2022, then surged by 118.06% to $13.0 million in 2023, then tumbled by 388.0% to -$37.4 million in 2024.
- The last three Change in Accured Expenses figures came in at -$37.4 million (Q4 2024), $15.0 million (Q3 2024), and $13.0 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | - |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | -246.90 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 32.54 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | - |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 16.58 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | - |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | -227.75 Mn |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | - |
| 10 | Octave Specialty | 255.06 Mn | 125.95 Mn | 90.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -37.44 Mn |
| Dec 31, 2024 | -37.44 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Mar 31, 2024 | 12.00 Mn |
| Mar 31, 2024 | 12.00 Mn |
| Dec 31, 2023 | 13.00 Mn |
| Dec 31, 2023 | 13.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 11.00 Mn |
| Jun 30, 2023 | 11.00 Mn |
| Mar 31, 2023 | -37.00 Mn |
| Mar 31, 2023 | -37.00 Mn |
| Dec 31, 2022 | -72.00 Mn |
| Dec 31, 2022 | -72.00 Mn |
| Sep 30, 2022 | 24.00 Mn |
| Sep 30, 2022 | 24.00 Mn |