Products & Services · Labor and Related Expense

Financial services revenue — Labor and Related Expense

Snap-on Financial services revenue — Labor and Related Expense decreased by 2.1% to $9.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $8.80M to $9.50M. Over 3 years (FY 2022 to FY 2025), Financial services revenue — Labor and Related Expense shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase may indicate scaling of the workforce to support portfolio growth or increased complexity in credit management.

Detailed definition

This includes all compensation, benefits, and payroll-related costs for personnel dedicated to the financial services se...

Peer comparison

Standard labor cost metric found in segment-level reporting across most industries.

Metric ID: sna_segment_financial_services_revenue_labor_and_related_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.15M$8.15M$8.15M$8.15M$8.68M$8.68M$8.68M$8.68M$8.70M$8.50M$9.00M$8.50M$8.80M$9.10M$9.10M$9.70M$9.50M
QoQ Change+0.0%+0.0%+0.0%+6.4%+0.0%+0.0%+0.0%+0.3%-2.3%+5.9%-5.6%+3.5%+3.4%+0.0%+6.6%-2.1%
YoY Change+6.4%+6.4%+6.4%+6.4%+0.3%-2.0%+3.7%-2.0%+1.1%+7.1%+1.1%+14.1%+8.0%
Range$8.15M$9.70M
CAGR+3.9%
Avg YoY Growth+4.4%
Median YoY Growth+6.4%

Frequently Asked Questions

What is Snap-on's financial services revenue — labor and related expense?
Snap-on (SNA) reported financial services revenue — labor and related expense of $9.50M in Q1 2026.
How has Snap-on's financial services revenue — labor and related expense changed year-over-year?
Snap-on's financial services revenue — labor and related expense increased by 8.0% year-over-year, from $8.80M to $9.50M.
What is the long-term trend for Snap-on's financial services revenue — labor and related expense?
Over 3 years (2022 to 2025), Snap-on's financial services revenue — labor and related expense has grown at a 4.0% compound annual growth rate (CAGR), from $32.60M to $36.70M.
What does financial services revenue — labor and related expense mean?
Total payroll and benefit costs for employees working in the financial services division.