Snap-on Financial Services — Total Assets decreased by 0.9% to $2.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from $2.49B to $2.45B. Over 4 years (FY 2021 to FY 2025), Financial Services — Total Assets shows an upward trend with a 3.6% CAGR.
Growth in assets suggests expansion of the credit portfolio, while a decline may indicate portfolio contraction or aggressive write-offs.
The aggregate value of all financial assets held by the segment, primarily consisting of customer receivables and loan p...
Comparable to the finance receivables balance at other equipment manufacturers.
sna_segment_financial_services_total_assets| 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 | $2.15B | $2.17B | $2.17B | $2.16B | $2.14B | $2.16B | $2.19B | $2.24B | $2.28B | $2.35B | $2.38B | $2.43B | $2.45B | $2.48B | $2.51B | $2.49B | $2.49B | $2.51B | $2.50B | $2.48B | $2.45B |
| QoQ Change | — | +0.7% | +0.4% | -0.4% | -1.1% | +1.2% | +1.3% | +2.3% | +1.7% | +2.8% | +1.6% | +2.0% | +0.8% | +1.1% | +1.2% | -0.5% | -0.2% | +0.9% | -0.3% | -0.9% | -0.9% |
| YoY Change | — | — | — | — | -0.4% | -0.0% | +0.8% | +3.7% | +6.6% | +8.4% | +8.7% | +8.4% | +7.4% | +5.6% | +5.1% | +2.5% | +1.5% | +1.3% | -0.2% | -0.6% | -1.3% |