Non-Current Assets
Accumulated Amortization on Finance Lease Assets
Snap-on Accumulated Amortization on Finance Lease Assets increased by 10.0% to $1.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.5%, from $800.00K to $1.10M. Over 5 years (FY 2020 to FY 2025), Accumulated Amortization on Finance Lease Assets shows a downward trend with a -43.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026Apr 23, 2026
How to read this metric
A high balance relative to the gross finance lease asset value indicates that the leased assets are nearing the end of their useful life.
Detailed definition
This is the cumulative amortization expense recognized on assets acquired through finance leases. It tracks the consumpt...
Peer comparison
Comparable across companies with significant finance lease portfolios.
Metric ID:
finance_lease_accumulated_amortizationHistorical Data
21 periods
| 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 | $16.90M | $17.20M | $17.40M | $17.40M | $16.90M | $15.40M | $14.90M | $16.40M | $17.00M | $15.80M | $15.60M | $16.80M | $15.70M | $14.70M | $16.60M | $15.50M | $800.00K | $800.00K | $900.00K | $1.00M | $1.10M |
| QoQ Change | — | +1.8% | +1.2% | +0.0% | -2.9% | -8.9% | -3.2% | +10.1% | +3.7% | -7.1% | -1.3% | +7.7% | -6.5% | -6.4% | +12.9% | -6.6% | -94.8% | +0.0% | +12.5% | +11.1% | +10.0% |
| YoY Change | — | — | — | — | +0.0% | -10.5% | -14.4% | -5.7% | +0.6% | +2.6% | +4.7% | +2.4% | -7.6% | -7.0% | +6.4% | -7.7% | -94.9% | -94.6% | -94.6% | -93.5% | +37.5% |
Range$800.00K – $17.40M
CAGR-42.1%
Avg YoY Growth-22.1%
Median YoY Growth-7.0%
Current Streak4 quarters growth
Accumulated Amortization on Finance Lease Assets at Other Companies
Frequently Asked Questions
- What is Snap-on's accumulated amortization on finance lease assets?
- Snap-on (SNA) reported accumulated amortization on finance lease assets of $1.10M in Q1 2026.
- How has Snap-on's accumulated amortization on finance lease assets changed year-over-year?
- Snap-on's accumulated amortization on finance lease assets increased by 37.5% year-over-year, from $800.00K to $1.10M.
- What is the long-term trend for Snap-on's accumulated amortization on finance lease assets?
- Over 5 years (2020 to 2025), Snap-on's accumulated amortization on finance lease assets has grown at a -43.6% compound annual growth rate (CAGR), from $17.50M to $1.00M.
- What does accumulated amortization on finance lease assets mean?
- The total amortization recorded on assets held under finance leases.