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Snap-on (SNA)

Industrials · $19.3B market cap · SEC CIK 0000091440

$373.28 ▼−0.14% on the day close of Nov 10, 2026
44 Mixed
ahead of 44% of the S&P 500 · #42 of 79 in Industrials

Next reports on Feb 3, 2027, after the close, with analysts expecting $4.89 in earnings per share.

52-week range $320.80 to $423.02. 12% below its 52-week high and 16% above its low.

The case for SNA

The case against

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

Valuewhat you pay for the earnings and cash, against the growth you get52
Growthhow fast revenue and earnings are moving, this year and over five24
Profitabilityhow much of the revenue becomes profit, and how much of that is cash70
Momentumhow the price has behaved lately47
Stabilityhow violently it moves, what it owes and what it pays you88

The financials

Revenue growth

Is the business growing? Slowly

Last 12 months+2.9%
Over 5 years+2.3% a year
FY2025 revenue$5.2B (+1%)

Free cash flow

Is it generating real cash? Yes, plenty

FY2025 free cash flow$1.0B
Of revenue20%
Of profit99%

Profit margins

Is profitability improving? No, slipping

Gross margin52%
Operating margin25%
Net margin, FY24 → FY25 → now20.4% → 19.7% → 19.2%

Debt vs. cash

Is the balance sheet healthy? Yes, more cash than debt

Cash$1.6B
Long-term debt$1.2B
Net cash$438M
Years to repay1.1 yrs

Valuation

Is the stock price reasonable? Yes, about fair

P/E19.1×
Fair P/E for its growth17×
P/FCF19.2×
Forward P/E17.4×
EV / EBITDA13.0×

At 19.1× earnings it trades close to the 17× that 3% a year of growth plus a 2.7% dividend would justify. At 19.2× free cash flow it trades close to that same mark.

The financials, five years deep

Pulled from Snap-on's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

FY2025FY2024FY2023FY2022FY2021
Revenue growth
Revenue$5.2B$5.1B$5.1B$4.8B$4.6B
Change on the year+1%0%+5%+5%—
Free cash flow
Free cash flow$1.0B$1.1B$1.1B$591M$897M
Of revenue20%22%21%12%19%
Profit margins
Operating margin25.8%26.3%25.7%24.9%24.4%
Net margin19.7%20.4%19.8%18.8%17.8%
Debt vs. cash
Cash$1.6B$1.4B$1.0B$757M$780M
Long-term debt$1.2B$1.2B$1.2B$1.2B$1.2B
Net cash (debt)$438M$175M−$183M−$427M−$403M

What Snap-on says it does

Snap-on is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company’s network of widely recognized franchisee vans as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on markets its products and brands worldwide in more than 130 countries. Snap-on’s largest geographic market is the United States. In addition, Snap-on has a…

Risk factors SNA lists in its 10-K

Filings

Open SNA in the deck

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