Accrued Employee Benefits (Non-Current)
Snap-on Accrued Employee Benefits (Non-Current) decreased by 2.8% to $17.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $18.90M to $17.20M. Over 5 years (FY 2020 to FY 2025), Accrued Employee Benefits (Non-Current) shows a downward trend with a -12.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate rising long-term pension or benefit obligations, while a decrease suggests settlement of these liabilities or changes in actuarial assumptions.
Detailed definition
This represents long-term obligations owed to employees, such as pension liabilities, post-retirement healthcare, or def...
Peer comparison
Varies significantly based on the maturity of the company's workforce and the existence of defined benefit pension plans.
accrued_employee_benefits_noncurrentHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.80M | $33.00M | $32.30M | $31.10M | $30.40M | $29.70M | $28.90M | $23.40M | $22.90M | $22.40M | $21.80M | $21.80M | $21.20M | $20.70M | $20.20M | $19.40M | $18.90M | $18.40M | $17.90M | $17.70M | $17.20M |
| QoQ Change | — | -2.4% | -2.1% | -3.7% | -2.3% | -2.3% | -2.7% | -19.0% | -2.1% | -2.2% | -2.7% | +0.0% | -2.8% | -2.4% | -2.4% | -4.0% | -2.6% | -2.6% | -2.7% | -1.1% | -2.8% |
| YoY Change | — | — | — | — | -10.1% | -10.0% | -10.5% | -24.8% | -24.7% | -24.6% | -24.6% | -6.8% | -7.4% | -7.6% | -7.3% | -11.0% | -10.8% | -11.1% | -11.4% | -8.8% | -9.0% |
Accrued Employee Benefits (Non-Current) at Other Companies
Frequently Asked Questions
- What is Snap-on's accrued employee benefits (non-current)?
- Snap-on (SNA) reported accrued employee benefits (non-current) of $17.20M in Q1 2026.
- How has Snap-on's accrued employee benefits (non-current) changed year-over-year?
- Snap-on's accrued employee benefits (non-current) decreased by 9.0% year-over-year, from $18.90M to $17.20M.
- What is the long-term trend for Snap-on's accrued employee benefits (non-current)?
- Over 5 years (2020 to 2025), Snap-on's accrued employee benefits (non-current) has grown at a -12.5% compound annual growth rate (CAGR), from $34.50M to $17.70M.
- What does accrued employee benefits (non-current) mean?
- Long-term financial obligations owed to employees for benefits and retirement plans.