Toro Company TTC Claims and insurance accruals
Claims and insurance accruals at other companies
Other financials
Where this comes from
Reported directly by Toro Company in its filing.
Tagged under the XBRL concept us-gaap:AccruedInsuranceCurrent.
The official record: Toro Company’s 10-K, filed December 17, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Toro Company's claims and insurance accruals?
- Toro Company (TTC) reported claims and insurance accruals of $16.7M in Q3 2025.
- How has Toro Company's claims and insurance accruals changed year-over-year?
- Toro Company's claims and insurance accruals increased by 4.4% year-over-year, from $16M to $16.7M.
- What is the long-term trend for Toro Company's claims and insurance accruals?
- Over 5 years (2020 to 2025), Toro Company's claims and insurance accruals has grown at a 4.4% compound annual growth rate (CAGR), from $13.45M to $16.7M.
- What does claims and insurance accruals mean?
- This represents the reserves set aside to cover potential costs related to self-insured claims, including liability, cargo damage, and workers' compensation. It reflects the company's exposure to operational risks and legal liabilities. Accurate estimation is vital for maintaining financial stability against unforeseen events.