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MYR Group MYRG Insurance receivable for Aliso Canyon costs

Insurance receivable for Aliso Canyon costs at other companies

MYR Group logo
MYR GroupMYRG
$19.75M-42.6%
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$17.61B+4.8%
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Berkshire HathawayBRK.A
$5.25B-7.4%
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The Hartford Financial Services GroupHIG
$6.73B+5.4%

Other financials

Income statement

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Revenue$1.0B+20.0%
Gross profit$134.4M+38.7%
Operating income$64.7M+88.7%
Net income$46.8M+101%
EPS (diluted)$2.99+106%

Balance sheet

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Cash & equivalents$163.2M+1,398%
Total debt$61.5M-53.5%
Total equity$660.4M+10.0%
Total assets$1.7B+9.9%

Cash flow

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Operating cash flow$84.7M+1.8%
CapEx$16.1M+23.5%
Free cash flow$68.6M-2.3%

Valuation

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Market cap$7.18B+140%
Enterprise value$7.08B+120%
P/E50.6×-35.6×
P/S1.9×+1.0×

Profitability

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Gross margin12.1%+3.2pp
Operating margin5.2%+3.3pp
Net margin3.7%+2.7pp
FCF margin6%+3.1pp

Returns & leverage

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Return on equity18.8%+13.9pp
Debt / equity0.2×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by MYR Group in its filing.

Tagged under the XBRL concept us-gaap:InsuranceSettlementsReceivableNoncurrent.

The official record: MYR Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MYR Group's insurance receivable for aliso canyon costs?
MYR Group (MYRG) reported insurance receivable for aliso canyon costs of $19.75M in Q1 2026.
How has MYR Group's insurance receivable for aliso canyon costs changed year-over-year?
MYR Group's insurance receivable for aliso canyon costs decreased by 42.6% year-over-year, from $34.42M to $19.75M.
What is the long-term trend for MYR Group's insurance receivable for aliso canyon costs?
Over 5 years (2020 to 2025), MYR Group's insurance receivable for aliso canyon costs has grown at a -4.6% compound annual growth rate (CAGR), from $27.04M to $21.36M.
What does insurance receivable for aliso canyon costs mean?
This represents the long-term portion of insurance claims receivable that are expected to be settled beyond the next fiscal year. It reflects the company's anticipated recovery of significant, multi-year legal or remediation costs covered by insurance policies. This metric is used to evaluate the long-term asset value associated with historical loss events and the company's ability to offset long-term liabilities.