Non-Current Assets

Net loans

Snap-on Net loans increased by 0.8% to $750.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $762.00M to $750.70M. Over 5 years (FY 2020 to FY 2025), Net loans shows an upward trend with a 2.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase suggests growth in lending activity, while a decrease may indicate tighter credit standards or reduced demand.

Detailed definition

This represents the total outstanding loan portfolio held by the firm, adjusted for the allowance for credit losses. It...

Peer comparison

Standard across banking and financial services firms; peers typically report this as a primary asset class.

Metric ID: bank_net_loans

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$661.40M$664.50M$687.50M$676.60M$667.20M$666.90M$692.30M$693.40M$699.60M$722.90M$740.10M$737.90M$745.20M$754.30M$771.30M$754.80M$762.00M$769.00M$777.60M$745.00M$750.70M
QoQ Change+0.5%+3.5%-1.6%-1.4%-0.0%+3.8%+0.2%+0.9%+3.3%+2.4%-0.3%+1.0%+1.2%+2.3%-2.1%+1.0%+0.9%+1.1%-4.2%+0.8%
YoY Change+0.9%+0.4%+0.7%+2.5%+4.9%+8.4%+6.9%+6.4%+6.5%+4.3%+4.2%+2.3%+2.3%+1.9%+0.8%-1.3%-1.5%
Range$661.40M$777.60M
CAGR+2.6%
Avg YoY Growth+3.0%
Median YoY Growth+2.3%

Frequently Asked Questions

What is Snap-on's net loans?
Snap-on (SNA) reported net loans of $750.70M in Q1 2026.
How has Snap-on's net loans changed year-over-year?
Snap-on's net loans decreased by 1.5% year-over-year, from $762.00M to $750.70M.
What is the long-term trend for Snap-on's net loans?
Over 5 years (2020 to 2025), Snap-on's net loans has grown at a 2.2% compound annual growth rate (CAGR), from $668.90M to $745.00M.
What does net loans mean?
The total value of loans owed to the company after accounting for expected losses.