American Coastal Insurance vs Octave Specialty Group
American Coastal Insurance is the larger business, with $335m of revenue in fiscal 2025 against $251m for Octave Specialty Group (1.3 times as much). American Coastal Insurance grew faster (13.1% against 6.5%). American Coastal Insurance kept more of each dollar of sales as profit: a net margin of 31.8% against -103.1%. Octave Specialty Group carries less debt relative to equity (16.4% against 47.2%).
| Latest fiscal year | American Coastal InsuranceACIC, 2025 | Octave Specialty GroupOSG, 2025 |
|---|---|---|
| Revenue | $335m | $251m |
| Revenue growth | 13.1% | 6.5% |
| Net income | $107m | −$259m |
| Operating margin | 41.8% | — |
| Net margin | 31.8% | -103.1% |
| Return on equity | 38.6% | -34.2% |
| Free cash flow | $70.9m | — |
| Cash | $199m | $68.4m |
| Total debt | $150m | $118m |
| Debt to equity | 47.2% | 16.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $29.9m |
| Employees | 68 | 275 |
| Market value | $500m | $229m |
| Price vs our value range | — | — |
| Moat score | 16 (Weak) | 36 (Weak) |
| Insider trades, 12 months | 7 buys, 4 sales | 2 buys, 0 sales |