Snap-on Payments for Capital Improvements increased by 57.0% to $21.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $22.90M to $21.20M. Over 4 years (FY 2021 to FY 2025), Payments for Capital Improvements shows relatively stable performance with a 2.0% CAGR.
Higher spending may indicate a strategic push to modernize infrastructure or expand capacity, while lower spending may suggest maintenance-only investment.
Represents cash outflows for the acquisition or upgrade of physical assets, such as office equipment, technology infrast...
Standard capital expenditure (CapEx) metric used to assess asset-light vs. asset-heavy business models.
investing_payments_for_capital_improvements| 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 | $19.30M | $18.30M | $16.20M | $16.30M | $20.20M | $21.30M | $20.00M | $22.70M | $23.00M | $25.80M | $25.10M | $21.10M | $21.80M | $23.20M | $20.40M | $18.10M | $22.90M | $19.70M | $19.90M | $13.50M | $21.20M |
| QoQ Change | — | -5.2% | -11.5% | +0.6% | +23.9% | +5.4% | -6.1% | +13.5% | +1.3% | +12.2% | -2.7% | -15.9% | +3.3% | +6.4% | -12.1% | -11.3% | +26.5% | -14.0% | +1.0% | -32.2% | +57.0% |
| YoY Change | — | — | — | — | +4.7% | +16.4% | +23.5% | +39.3% | +13.9% | +21.1% | +25.5% | -7.0% | -5.2% | -10.1% | -18.7% | -14.2% | +5.0% | -15.1% | -2.5% | -25.4% | -7.4% |
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Repair Systems & Information Group | $15.40M | $18.30M | $20.30M | $22.20M | $30.90M |
| Commercial & Industrial Group | $24.30M | $26.00M | $22.50M | $19.40M | $20.80M |
| Snap-on Tools Group | $27.10M | $35.00M | $46.10M | $39.60M | $20.80M |
| Total | $70.10M | $84.20M | $95.00M | $83.50M | $76.00M |
All segment values are derived from annual filings.