Retirement and nonpension postretirement benefit obligations
Snap-on Retirement and nonpension postretirement benefit obligations decreased by 4.7% to $81.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $77.70M to $81.70M. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -7.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.
Detailed definition
This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...
Peer comparison
Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.
non_current_liabilities_pension_and_other_postretirement_0d4947Historical Data
| 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 | $117.60M | $111.60M | $103.20M | $104.90M | $96.40M | $83.10M | $70.50M | $78.60M | $72.70M | $65.40M | $57.70M | $82.30M | $75.30M | $69.30M | $65.50M | $78.40M | $77.70M | $77.10M | $75.00M | $85.70M | $81.70M |
| QoQ Change | — | -5.1% | -7.5% | +1.6% | -8.1% | -13.8% | -15.2% | +11.5% | -7.5% | -10.0% | -11.8% | +42.6% | -8.5% | -8.0% | -5.5% | +19.7% | -0.9% | -0.8% | -2.7% | +14.3% | -4.7% |
| YoY Change | — | — | — | — | -18.0% | -25.5% | -31.7% | -25.1% | -24.6% | -21.3% | -18.2% | +4.7% | +3.6% | +6.0% | +13.5% | -4.7% | +3.2% | +11.3% | +14.5% | +9.3% | +5.1% |
Retirement and nonpension postretirement benefit obligations at Other Companies
Frequently Asked Questions
- What is Snap-on's retirement and nonpension postretirement benefit obligations?
- Snap-on (SNA) reported retirement and nonpension postretirement benefit obligations of $81.70M in Q1 2026.
- How has Snap-on's retirement and nonpension postretirement benefit obligations changed year-over-year?
- Snap-on's retirement and nonpension postretirement benefit obligations increased by 5.1% year-over-year, from $77.70M to $81.70M.
- What is the long-term trend for Snap-on's retirement and nonpension postretirement benefit obligations?
- Over 5 years (2020 to 2025), Snap-on's retirement and nonpension postretirement benefit obligations has grown at a -7.6% compound annual growth rate (CAGR), from $127.10M to $85.70M.
- What does retirement and nonpension postretirement benefit obligations mean?
- Long-term obligations for employee pension and retirement benefits.