Non-Current Assets

Goodwill

Snap-on Goodwill decreased by 0.7% to $1.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $1.08B to $1.10B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 2.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ1 2026Apr 23, 2026

How to read this metric

A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...

Peer comparison

Standard metric for companies that grow through acquisition; comparable across all industries.

Metric ID: goodwill

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$1.16B$1.18B$1.17B$1.12B$1.08B$1.05B$1.01B$1.05B$1.05B$1.05B$1.04B$1.10B$1.07B$1.07B$1.09B$1.06B$1.08B$1.10B$1.11B$1.11B$1.10B
QoQ Change+1.4%-0.6%-4.7%-3.5%-3.0%-3.4%+3.4%+0.5%-0.2%-1.2%+5.9%-2.4%-0.3%+1.8%-2.7%+2.0%+2.3%+0.3%+0.3%-0.7%
YoY Change-7.2%-11.2%-13.7%-6.4%-2.5%+0.2%+2.5%+5.0%+2.0%+1.8%+4.9%-3.7%+0.6%+3.2%+1.8%+5.0%+2.3%
Range$1.01B$1.18B
CAGR-1.0%
Avg YoY Growth-0.9%
Median YoY Growth+1.8%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Repair Systems & Information Group$732.80M$739.60M$728.80M$737.20M$745.50M$746.10M$747.70M$744.00M
Commercial & Industrial Group$322.70M$334.60M$315.60M$328.10M$344.70M$347.30M$349.40M$345.70M
Snap-on Tools Group$12.40M$12.40M$12.40M$12.40M$12.40M$12.40M$12.40M$12.40M
Total$1.07B$1.09B$1.06B$1.08B$1.10B$1.11B$1.11B$1.10B

Frequently Asked Questions

What is Snap-on's goodwill?
Snap-on (SNA) reported goodwill of $1.10B in Q1 2026.
How has Snap-on's goodwill changed year-over-year?
Snap-on's goodwill increased by 2.3% year-over-year, from $1.08B to $1.10B.
What is the long-term trend for Snap-on's goodwill?
Over 5 years (2020 to 2025), Snap-on's goodwill has grown at a 2.5% compound annual growth rate (CAGR), from $982.40M to $1.11B.
What does goodwill mean?
The excess price paid for an acquisition over the fair value of its net assets.