Non-Current Assets
Prepaid pension assets
Snap-on Prepaid pension assets decreased by 0.3% to $173.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.2%, from $127.20M to $173.30M. Over 4 years (FY 2021 to FY 2025), Prepaid pension assets shows relatively stable performance with a 2.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase indicates a stronger funding position for retirement plans, potentially reducing future cash contribution requirements.
Detailed definition
This represents the fair value of plan assets in excess of the projected benefit obligation for defined benefit pension...
Peer comparison
Common among mature industrial firms with legacy pension plans; peers often report this as a net pension asset.
Metric ID:
non_current_assets_defined_benefit_plan_assets_for_plan__8fec15Historical Data
15 periods
| Q4 '21 | 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 | $160.70M | $70.60M | $71.80M | $73.60M | $72.70M | $130.50M | $130.40M | $130.90M | $134.50M | $125.40M | $127.20M | $130.50M | $130.10M | $173.80M | $173.30M |
| QoQ Change | — | -56.1% | +1.7% | +2.5% | -1.2% | +79.5% | -0.1% | +0.4% | +2.8% | -6.8% | +1.4% | +2.6% | -0.3% | +33.6% | -0.3% |
| YoY Change | — | -56.1% | — | — | — | +84.8% | +81.6% | +77.9% | +85.0% | -3.9% | -2.5% | -0.3% | -3.3% | +38.6% | +36.2% |
Range$70.60M – $173.80M
CAGR+2.2%
Avg YoY Growth+30.7%
Median YoY Growth+36.2%
Prepaid pension assets at Other Companies
Frequently Asked Questions
- What is Snap-on's prepaid pension assets?
- Snap-on (SNA) reported prepaid pension assets of $173.30M in Q1 2026.
- How has Snap-on's prepaid pension assets changed year-over-year?
- Snap-on's prepaid pension assets increased by 36.2% year-over-year, from $127.20M to $173.30M.
- What is the long-term trend for Snap-on's prepaid pension assets?
- Over 4 years (2021 to 2025), Snap-on's prepaid pension assets has grown at a 2.0% compound annual growth rate (CAGR), from $160.70M to $173.80M.
- What does prepaid pension assets mean?
- The surplus value of pension plan assets over the company's pension obligations.