Current Assets

Inventory LIFO Reserve

Snap-on Inventory LIFO Reserve decreased by 0.5% to $1.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.2%, from $961.20M to $1.02B. Over 5 years (FY 2020 to FY 2025), Inventory LIFO Reserve shows an upward trend with a 6.6% CAGR.

Analysis

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

How to read this metric

A growing reserve typically indicates rising costs of raw materials over time.

Detailed definition

This is the difference between the cost of inventory calculated under the LIFO method and the cost under the FIFO or ave...

Peer comparison

Only applicable to companies using LIFO; peers using FIFO will not have this metric.

Metric ID: inventory_lifo_reserve

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$730.10M$760.90M$789.60M$803.80M$864.10M$893.30M$955.10M$1.03B$1.05B$1.05B$1.03B$1.01B$970.50M$965.00M$995.80M$943.40M$961.20M$997.70M$1.02B$1.03B$1.02B
QoQ Change+4.2%+3.8%+1.8%+7.5%+3.4%+6.9%+8.2%+1.5%-0.3%-1.3%-2.6%-3.5%-0.6%+3.2%-5.3%+1.9%+3.8%+2.7%+0.1%-0.5%
YoY Change+18.4%+17.4%+21.0%+28.5%+21.4%+17.1%+8.1%-2.6%-7.5%-7.8%-3.6%-6.2%-1.0%+3.4%+2.9%+8.7%+6.2%
Range$730.10M$1.05B
CAGR+6.9%
Avg YoY Growth+7.3%
Median YoY Growth+6.2%

Frequently Asked Questions

What is Snap-on's inventory lifo reserve?
Snap-on (SNA) reported inventory lifo reserve of $1.02B in Q1 2026.
How has Snap-on's inventory lifo reserve changed year-over-year?
Snap-on's inventory lifo reserve increased by 6.2% year-over-year, from $961.20M to $1.02B.
What is the long-term trend for Snap-on's inventory lifo reserve?
Over 5 years (2020 to 2025), Snap-on's inventory lifo reserve has grown at a 6.6% compound annual growth rate (CAGR), from $746.50M to $1.03B.
What does inventory lifo reserve mean?
The difference between inventory value under LIFO and FIFO accounting methods.