Matrix Service Company MTRX Claims and insurance accruals
Claims and insurance accruals at other companies
Other financials
Where this comes from
Reported directly by Matrix Service Company in its filing.
Tagged under the XBRL concept us-gaap:AccruedInsuranceCurrent.
The official record: Matrix Service Company’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Matrix Service Company's claims and insurance accruals?
- Matrix Service Company (MTRX) reported claims and insurance accruals of $4.38M in Q1 2026.
- How has Matrix Service Company's claims and insurance accruals changed year-over-year?
- Matrix Service Company's claims and insurance accruals decreased by 6.1% year-over-year, from $4.66M to $4.38M.
- What is the long-term trend for Matrix Service Company's claims and insurance accruals?
- Over 4 years (2021 to 2025), Matrix Service Company's claims and insurance accruals has grown at a -5.2% compound annual growth rate (CAGR), from $6.57M to $5.31M.
- What does claims and insurance accruals mean?
- This metric represents the estimated liability for self-insured claims related to workers' compensation, general liability, and property damage arising from operational activities. It reflects the company's provision for expected costs associated with pending or incurred but not reported claims. Monitoring this balance provides insight into the company's risk exposure and the adequacy of its safety and insurance management programs.