Current Liabilities

Claims and insurance accruals

Reliance Claims and insurance accruals remained flat by 0.0% to $56.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $53.70M to $56.40M. Over 5 years (FY 2020 to FY 2025), Claims and insurance accruals shows an upward trend with a 6.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase may signal higher risk or rising insurance costs, while a decrease suggests improved safety or lower claims experience.

Detailed definition

This represents the estimated reserves set aside to cover self-insured claims related to cargo, liability, and workers'...

Peer comparison

Standard for companies with self-insured risk profiles, particularly in logistics, manufacturing, and transportation.

Metric ID: trucking_claims_accruals

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$42.80M$40.80M$41.00M$44.20M$39.50M$39.50M$43.40M$45.20M$45.50M$43.70M$44.40M$46.10M$47.00M$45.10M$50.40M$53.70M$54.10M$53.10M$56.40M$56.40M
QoQ Change-4.7%+0.5%+7.8%-10.6%+0.0%+9.9%+4.1%+0.7%-4.0%+1.6%+3.8%+2.0%-4.0%+11.8%+6.5%+0.7%-1.8%+6.2%+0.0%
YoY Change-7.7%-3.2%+5.9%+2.3%+15.2%+10.6%+2.3%+2.0%+3.3%+3.2%+13.5%+16.5%+15.1%+17.7%+11.9%+5.0%
Range$39.50M$56.40M
CAGR+6.0%
Avg YoY Growth+7.1%
Median YoY Growth+5.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Reliance's claims and insurance accruals?
Reliance (RS) reported claims and insurance accruals of $56.40M in Q1 2026.
How has Reliance's claims and insurance accruals changed year-over-year?
Reliance's claims and insurance accruals increased by 5.0% year-over-year, from $53.70M to $56.40M.
What is the long-term trend for Reliance's claims and insurance accruals?
Over 5 years (2020 to 2025), Reliance's claims and insurance accruals has grown at a 6.1% compound annual growth rate (CAGR), from $42.00M to $56.40M.
What does claims and insurance accruals mean?
Money set aside to pay for expected insurance claims and legal liabilities.