Octave Specialty (OSG) Change in Accured Expenses (2010 - 2024)
Octave Specialty's (OSG) quarterly Change in Accured Expenses came in at -$37.4 million in Q4 2024, down 388.0% year-on-year from $13.0 million in Q1 2024, and down 349.6% quarter-over-quarter from $15.0 million in Q3 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.
- On a quarterly basis, Change in Accured Expenses fell 388.0% year-over-year to -$37.4 million in Q4 2024; TTM through Dec 2024 was $2.6 million, a N/A change from a year earlier, with the FY2024 full-year figure at $2.6 million, changed N/A from the prior year.
- Change in Accured Expenses fell to -$37.4 million in Q4 2024 per OSG's latest filing, from $15.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $30.0 million in Q3 2021 and bottomed at -$72.0 million in Q4 2022.
- The 5-year median for Change in Accured Expenses is $22.5 million (2020), against an average of $9.9 million.
- Biggest YoY gain for Change in Accured Expenses was 132.43% in 2024; the steepest drop was 388.0% in 2024.
- Year by year, Change in Accured Expenses stood at $24.0 million in 2020, then gained by 16.67% to $28.0 million in 2021, then plunged by 357.14% to -$72.0 million in 2022, then surged by 118.06% to $13.0 million in 2023, then sank by 388.0% to -$37.4 million in 2024.
- Per Business Quant, the three latest OSG Change in Accured Expenses figures stand at -$37.4 million (Q4 2024), $15.0 million (Q3 2024), and $13.0 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | - |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | - |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 133.90 Mn |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 32.54 Mn |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | - |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 16.58 Mn |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | - |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | - |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | -14.64 Mn |
| 10 | Octave Specialty | 250.53 Mn | 46.41 Mn | 84.49 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 |