Current Assets

Financing Receivables

Snap-on Financing Receivables decreased by 1.8% to $1.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $1.77B to $1.75B. Over 5 years (FY 2020 to FY 2025), Financing Receivables shows an upward trend with a 2.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Growth generally signals expansion of the lending business, while a decline may indicate contraction or a shift in capital allocation strategy.

Detailed definition

Financing receivables represent the aggregate contractual amounts due from customers arising from lending and leasing ac...

Peer comparison

Standard metric across all commercial and retail banking institutions.

Metric ID: financing_receivables

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.55B$1.56B$1.54B$1.54B$1.52B$1.55B$1.55B$1.60B$1.63B$1.67B$1.70B$1.74B$1.76B$1.77B$1.78B$1.79B$1.77B$1.79B$1.77B$1.78B$1.75B
QoQ Change+0.6%-1.1%+0.0%-1.3%+1.6%+0.1%+3.2%+2.0%+2.5%+1.3%+2.8%+0.8%+0.9%+0.7%+0.0%-0.8%+0.8%-0.8%+0.4%-1.8%
YoY Change-1.7%-0.7%+0.4%+3.7%+7.1%+8.0%+9.3%+8.9%+7.6%+5.9%+5.3%+2.4%+0.8%+0.7%-0.8%-0.4%-1.4%
Range$1.52B$1.79B
CAGR+2.4%
Avg YoY Growth+3.2%
Median YoY Growth+2.4%

Frequently Asked Questions

What is Snap-on's financing receivables?
Snap-on (SNA) reported financing receivables of $1.75B in Q1 2026.
How has Snap-on's financing receivables changed year-over-year?
Snap-on's financing receivables decreased by 1.4% year-over-year, from $1.77B to $1.75B.
What is the long-term trend for Snap-on's financing receivables?
Over 5 years (2020 to 2025), Snap-on's financing receivables has grown at a 2.5% compound annual growth rate (CAGR), from $1.57B to $1.78B.
What does financing receivables mean?
The total amount of money owed to the bank by customers for loans and lease agreements.