Non-Current Liabilities
Finance Lease Liabilities
Snap-on Finance Lease Liabilities decreased by 10.0% to $900K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.2%, from $1.1M to $900K. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities shows a downward trend with a -33.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase suggests the company is financing more of its capital assets through long-term lease structures. A decrease indicates the repayment or reduction of these long-term obligations.
Detailed definition
This represents the long-term portion of obligations under finance leases, excluding amounts due within the current year...
Peer comparison
Used by analysts to adjust debt-to-equity ratios; peers with high capital intensity often carry significant finance lease balances.
Metric ID:
finance_lease_liabilitiesHistorical Data
21 periods
| 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 | $6.5M | $5.7M | $5.2M | $4.5M | $3.7M | $2.9M | $2.3M | $1.9M | $1.6M | $1.4M | $1.2M | $1.1M | $900K | $1M | $1M | $1M | $1.1M | $1.2M | $1.1M | $1M | $900K |
| QoQ Change | — | -12.3% | -8.8% | -13.5% | -17.8% | -21.6% | -20.7% | -17.4% | -15.8% | -12.5% | -14.3% | -8.3% | -18.2% | +11.1% | +0.0% | +0.0% | +10.0% | +9.1% | -8.3% | -9.1% | -10.0% |
| YoY Change | — | — | — | — | -43.1% | -49.1% | -55.8% | -57.8% | -56.8% | -51.7% | -47.8% | -42.1% | -43.8% | -28.6% | -16.7% | -9.1% | +22.2% | +20.0% | +10.0% | +0.0% | -18.2% |
Range$900K – $6.5M
CAGR-32.7%
Avg YoY Growth-27.5%
Median YoY Growth-42.1%
Current Streak3 quarters decline
Finance Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Snap-on's finance lease liabilities?
- Snap-on (SNA) reported finance lease liabilities of $900K in Q1 2026.
- How has Snap-on's finance lease liabilities changed year-over-year?
- Snap-on's finance lease liabilities decreased by 18.2% year-over-year, from $1.1M to $900K.
- What is the long-term trend for Snap-on's finance lease liabilities?
- Over 5 years (2020 to 2025), Snap-on's finance lease liabilities has grown at a -33.0% compound annual growth rate (CAGR), from $7.4M to $1M.
- What does finance lease liabilities mean?
- The long-term portion of debt-like obligations related to finance leases.