Snap-on (SNA)
Industrials · $19.2B market cap · SEC CIK 0000091440
fundamentals score out of 100
Next reports on Oct 15, 2026, with analysts expecting $5.02 in earnings per share.
The case for SNA
- Holds more cash ($1.6B) than long-term debt ($1.2B).
- Pays a 2.7% dividend while you wait.
- Return on equity of 17%.
- Moves less than the market (beta 0.74).
- Current assets cover the near-term bills 3.4 times over.
The case against
- Dividend takes 90% of earnings, leaving little cushion.
- Growth is weak (31/100): revenue +5.0%, EPS +4.1%, +2.3% a year over five years.
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. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 69 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 31 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 72 |
| Momentumhow the price has behaved lately | 50 |
| Stabilityhow violently it moves, what it owes and what it pays you | 87 |
- Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.
Key numbers
| Price / earnings | 18.7× |
|---|---|
| Price / book | 3.55× |
| Price / sales | 3.6× |
| Revenue growth (YoY) | +5.0% |
| EPS growth (YoY) | +4.1% |
| Gross margin | 51% |
| Operating margin | 25% |
| Net margin | 19% |
| Return on equity | 17% |
| Debt / equity | 0.20× |
| Current ratio | 3.43 |
| Dividend yield | 2.70% |
| Beta | 0.74 |
| 52-week range | $320.80 – $423.02 |
| Position in that range | 50% of the way up |
| 3-month return | -4.5% |
| 1-year return | +9.6% |
Five years of financials, as filed
Pulled from Snap-on's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.7B | $4.7B | $4.5B | $4.2B |
| Operating income | $1.3B | $1.3B | $1.3B | $1.2B | $1.1B |
| Net income | $1.0B | $1.0B | $1.0B | $912M | $821M |
| Operating cash flow | $1.1B | $1.2B | $1.2B | $675M | $967M |
| Total assets | $8.4B | $7.9B | $7.5B | $7.0B | $6.8B |
| Total liabilities | $2.5B | $2.5B | $2.5B | $2.5B | $2.6B |
| Shareholder equity | $5.9B | $5.4B | $5.1B | $4.5B | $4.2B |
| Cash | $1.6B | $1.4B | $1.0B | $757M | $780M |
| Long-term debt | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B |
| Operating margin | 28.2% | 28.8% | 27.9% | 27.0% | 26.6% |
| Net margin | 21.6% | 22.3% | 21.5% | 20.4% | 19.4% |
| Diluted shares | 53.0M | 53.5M | 53.9M | 54.2M | 55.0M |
Share count is down 3.6% over 4 years. Buybacks have been shrinking the pie.
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
- Summary of Consolidated Performance
- Management’s Discussion and Analysis of Financial Condition and Results of Operations (continued)
- (Amounts in millions, except per share data)
- Contractual Obligations and Commitments
- Critical Accounting Policies and Estimates
- Allowance for Credit Losses on Finance Receivables
- Stock-based Deferred Compensation Risk Management
- Evaluation of Disclosure Controls and Procedures
- Management’s Report on Internal Control over Financial Reporting
- Internal Control - Integrated Framework (2013)
- Opinion on Internal Control over Financial Reporting
- Internal Control — Integrated Framework (2013)
- Definition and Limitations of Internal Control over Financial Reporting
- Executive Officer and Director Rule 10b5-1 Trading Arrangements