Snap-on Total provisions for credit losses decreased by 1.6% to $18.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $18.20M to $18.30M. Over 3 years (FY 2022 to FY 2025), Total provisions for credit losses shows an upward trend with a 24.6% CAGR.
operating_provision_for_loan_losses_expensed| 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 | $5.80M | $8.40M | $6.30M | $9.10M | $9.50M | $12.80M | $14.20M | $13.70M | $12.80M | $16.50M | $18.20M | $17.20M | $15.20M | $20.50M | $18.20M | $18.30M | $17.80M | $18.60M | $18.30M |
| QoQ Change | — | +44.8% | -25.0% | +44.4% | +4.4% | +34.7% | +10.9% | -3.5% | -6.6% | +28.9% | +10.3% | -5.5% | -11.6% | +34.9% | -11.2% | +0.5% | -2.7% | +4.5% | -1.6% |
| YoY Change | — | — | — | — | +63.8% | +52.4% | +125.4% | +50.5% | +34.7% | +28.9% | +28.2% | +25.5% | +18.8% | +24.2% | +0.0% | +6.4% | +17.1% | -9.3% | +0.5% |