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Current Liabilities

Operating Lease Liabilities (Current)

Snap-on Operating Lease Liabilities (Current) increased by 1.5% to $27.9M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $26.2M to $27.9M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 7.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase indicates higher short-term lease obligations, which may impact near-term cash flow. A decrease suggests reduced short-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations due within the next twelve months. It reflects the immediate...

Peer comparison

Standardized under ASC 842; peers with large physical footprints or van networks typically show significant values here.

Metric ID: operating_lease_liabilities_current

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$19.3M$19.7M$19.6M$19.6M$19.5M$19M$17.7M$19.4M$19.4M$20.8M$21.4M$23.8M$23.9M$24.3M$25.3M$25M$26.2M$27.7M$27.8M$27.5M$27.9M
QoQ Change+2.1%-0.5%+0.0%-0.5%-2.6%-6.8%+9.6%+0.0%+7.2%+2.9%+11.2%+0.4%+1.7%+4.1%-1.2%+4.8%+5.7%+0.4%-1.1%+1.5%
YoY Change+1.0%-3.6%-9.7%-1.0%-0.5%+9.5%+20.9%+22.7%+23.2%+16.8%+18.2%+5.0%+9.6%+14.0%+9.9%+10.0%+6.5%
Range$17.7M$27.9M
CAGR+7.6%
Avg YoY Growth+9.0%
Median YoY Growth+9.6%

Frequently Asked Questions

What is Snap-on's operating lease liabilities (current)?
Snap-on (SNA) reported operating lease liabilities (current) of $27.9M in Q1 2026.
How has Snap-on's operating lease liabilities (current) changed year-over-year?
Snap-on's operating lease liabilities (current) increased by 6.5% year-over-year, from $26.2M to $27.9M.
What is the long-term trend for Snap-on's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Snap-on's operating lease liabilities (current) has grown at a 7.3% compound annual growth rate (CAGR), from $19.3M to $27.5M.
What does operating lease liabilities (current) mean?
The amount of operating lease payments due within one year.