Non-Current Liabilities

Operating Lease Liabilities (Total)

Snap-on Operating Lease Liabilities (Total) increased by 7.3% to $95.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $96.20M to $95.80M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 10.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

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$51.30M$53.90M$54.60M$53.80M$52.00M$58.70M$54.20M$64.10M$64.30M$71.20M$72.00M$78.40M$78.40M$79.10M$82.40M$93.60M$96.20M$95.10M$92.40M$89.30M$95.80M
QoQ Change+5.1%+1.3%-1.5%-3.3%+12.9%-7.7%+18.3%+0.3%+10.7%+1.1%+8.9%+0.0%+0.9%+4.2%+13.6%+2.8%-1.1%-2.8%-3.4%+7.3%
YoY Change+1.4%+8.9%-0.7%+19.1%+23.7%+21.3%+32.8%+22.3%+21.9%+11.1%+14.4%+19.4%+22.7%+20.2%+12.1%-4.6%-0.4%
Range$51.30M$96.20M
CAGR+13.3%
Avg YoY Growth+14.5%
Median YoY Growth+19.1%

Frequently Asked Questions

What is Snap-on's operating lease liabilities (total)?
Snap-on (SNA) reported operating lease liabilities (total) of $95.80M in Q1 2026.
How has Snap-on's operating lease liabilities (total) changed year-over-year?
Snap-on's operating lease liabilities (total) decreased by 0.4% year-over-year, from $96.20M to $95.80M.
What is the long-term trend for Snap-on's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Snap-on's operating lease liabilities (total) has grown at a 10.9% compound annual growth rate (CAGR), from $53.30M to $89.30M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.