Octave Specialty (OSG) Operating Margin (2010 - 2026)

Octave Specialty (OSG) recorded quarterly Operating Margin of 2.26% in Q1 2026, up 103.08% quarter-over-quarter from 73.41% in Q4 2025, and down 222.0% on a YoY basis from 1.85% in Q1 2025.

Octave Specialty (OSG) Operating Margin (2010 - 2026) Analysis & Trends

Octave Specialty's Operating Margin history runs 17 years deep, the most recent figure standing at 2.26% for Q1 2026.

  • In Q1 2026, Operating Margin fell 222.0% year-over-year to 2.26%; the TTM figure through Mar 2026 stood at 20.3% (down 2881.0% YoY), while the FY2025 annual figure was 58.99%, down 7359.0% from the prior year.
  • Operating Margin was 2.26% for Q1 2026 at Octave Specialty, up from 73.41% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 41.19% in Q1 2023 to a low of 73.41% in Q4 2025.
  • Historically, Operating Margin has averaged 9.1% across 5 years, with a median of 13.75% in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 40624 bps in 2022, then surged 6330 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 3.86% in 2022, then surged by 473 bps to 14.38% in 2023, then jumped by 31 bps to 18.79% in 2024, then slumped by 491 bps to 73.41% in 2025, then jumped by 103 bps to 2.26% in 2026.
  • The last three Operating Margin figures came in at 2.26% (Q1 2026), 73.41% (Q4 2025), and 15.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 25.48%
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 8.29%
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 29.19%
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 26.23%
6 Essent 5.47 Bn 5.47 Bn - 17.63%
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 14.95%
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 12.08%
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 35.25%
10 Octave Specialty 255.06 Mn 125.95 Mn 90.17 Mn 2.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.26%
Dec 31, 2025 -73.41%
Sep 30, 2025 15.66%
Jun 30, 2025 16.10%
Mar 31, 2025 4.49%
Dec 31, 2024 18.79%
Sep 30, 2024 12.71%
Jun 30, 2024 7.37%
Mar 31, 2024 7.35%
Dec 31, 2023 14.38%
Sep 30, 2023 30.06%
Jun 30, 2023 38.88%
Mar 31, 2023 41.19%
Dec 31, 2022 -3.86%
Sep 30, 2022 13.75%
Jun 30, 2022 -24.42%
Mar 31, 2022 33.33%
Dec 31, 2021 -14.84%
Sep 30, 2021 41.18%
Jun 30, 2021 381.82%