Non-Current Assets
Operating Lease ROU Assets
Snap-on Operating Lease ROU Assets increased by 7.4% to $89.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.0%, from $91.70M to $89.90M. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 10.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Increases reflect expansion of leased operational footprint or equipment, while decreases indicate lease expirations or asset depreciation.
Detailed definition
This asset represents the company's right to use a leased item, such as real estate or equipment, over the lease term. I...
Peer comparison
Standard across all companies reporting under modern lease accounting standards; reflects operational scale.
Metric ID:
non_current_assets_operating_lease_right_of_use_assetHistorical 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 | $49.90M | $52.40M | $52.90M | $51.90M | $50.10M | $56.60M | $52.00M | $61.50M | $61.50M | $68.10M | $68.70M | $74.70M | $74.40M | $74.90M | $78.00M | $89.40M | $91.70M | $90.10M | $87.20M | $83.70M | $89.90M |
| QoQ Change | — | +5.0% | +1.0% | -1.9% | -3.5% | +13.0% | -8.1% | +18.3% | +0.0% | +10.7% | +0.9% | +8.7% | -0.4% | +0.7% | +4.1% | +14.6% | +2.6% | -1.7% | -3.2% | -4.0% | +7.4% |
| YoY Change | — | — | — | — | +0.4% | +8.0% | -1.7% | +18.5% | +22.8% | +20.3% | +32.1% | +21.5% | +21.0% | +10.0% | +13.5% | +19.7% | +23.3% | +20.3% | +11.8% | -6.4% | -2.0% |
Range$49.90M – $91.70M
CAGR+12.5%
Avg YoY Growth+13.7%
Median YoY Growth+18.5%
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Snap-on's operating lease rou assets?
- Snap-on (SNA) reported operating lease rou assets of $89.90M in Q1 2026.
- How has Snap-on's operating lease rou assets changed year-over-year?
- Snap-on's operating lease rou assets decreased by 2.0% year-over-year, from $91.70M to $89.90M.
- What is the long-term trend for Snap-on's operating lease rou assets?
- Over 5 years (2020 to 2025), Snap-on's operating lease rou assets has grown at a 10.0% compound annual growth rate (CAGR), from $51.90M to $83.70M.
- What does operating lease rou assets mean?
- The recorded value of the right to use leased property or equipment over the life of the lease.