Kingstone Companies vs Octave Specialty Group
Octave Specialty Group is the larger business, with $251m of revenue in fiscal 2025 against $215m for Kingstone Companies (1.2 times as much). Kingstone Companies grew faster (38.5% against 6.5%). Kingstone Companies kept more of each dollar of sales as profit: a net margin of 19.0% against -103.1%. Kingstone Companies carries less debt relative to equity (6.2% against 16.4%).
| Latest fiscal year | Kingstone CompaniesKINS, 2025 | Octave Specialty GroupOSG, 2025 |
|---|---|---|
| Revenue | $215m | $251m |
| Revenue growth | 38.5% | 6.5% |
| Net income | $40.8m | −$259m |
| Operating margin | — | — |
| Net margin | 19.0% | -103.1% |
| Return on equity | 43.0% | -34.2% |
| Free cash flow | $73.1m | — |
| Cash | $12.2m | $68.4m |
| Total debt | $7.6m | $118m |
| Debt to equity | 6.2% | 16.4% |
| Dividend per share | $0.10 | — |
| Dividend yield | 1.0% | — |
| Share buybacks | — | $29.9m |
| Employees | 113 | 275 |
| Market value | $289m | $229m |
| Price vs our value range | — | — |
| Moat score | 39 (Weak) | 36 (Weak) |
| Insider trades, 12 months | 4 buys, 1 sales | 2 buys, 0 sales |