Snap-on Inc (SNA) has a current P/E ratio of 21.1, compared to its historical median P/E of 13.2. The stock is currently considered Expensive based on its historical valuation range.
Snap-on Inc (SNA) has a 5-year average return on invested capital (ROIC) of 19.7%. This indicates strong capital allocation and a potential competitive advantage.
Snap-on Inc (SNA) has a market capitalization of $21.4B. It is classified as a large-cap stock.
Yes, Snap-on Inc (SNA) pays a dividend with a trailing twelve-month yield of 2.16%. The company also returns capital through share buybacks, with a buyback yield of 1.53%.
Based on historical P/E analysis, Snap-on Inc (SNA) appears expensive. The current P/E of 21.1 is 60% above its historical median of 13.2. The estimated fair value CAGR (P/E method) is 9.9%.
Snap-on Inc (SNA) operates in the Cutlery, Handtools & General Hardware industry, within the Industrials sector.
Snap-on Inc (SNA) reported annual revenue of $5.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
Snap-on is a leading global manufacturer and marketer of tools, diagnostics, repair information, and systems solutions serving professional users in vehicle repair, aerospace, military, natural resources, and manufacturing across more than 130 countries, with the United States as its largest market. The company operates through four reportable segments: Commercial & Industrial Group (serving critical industries via direct and distributor channels), Snap-on Tools Group (serving vehicle technicians through a multinational mobile tool distribution network of franchisee vans), Repair Systems & Information Group (serving independent repair shops and OEM dealerships), and Financial Services (providing installment sales, leases, and business financing to franchisees and customers). Snap-on's product portfolio spans three categories—hand and power tools, tool storage, diagnostics and management systems, and equipment such as wheel aligners and collision repair solutions—marketed under numerous established brands including Snap-on, Blue-Point, Mitchell1, Hofmann, and others. The company's value-creation model centers on observing professional work environments and translating insights into solutions that improve efficiency and reduce failure costs, supported by Rapid Continuous Improvement initiatives targeting waste elimination and operational productivity. Financial Services generates revenue through financing programs for tool and equipment purchases and franchisee business needs, with customer assessment based on financial condition, payment history, and collateral value. Distribution occurs through the company's distinctive franchisee van network, direct sales channels, and distributor partnerships, enabling Snap-on to reach professional technicians at their place of business while serving broader industrial and commercial customers globally.
【Positive momentum in critical industries】 Management expects the military segment to improve going forward and anticipates expansion in government and defense spending, while aviation and other critical industries demonstrated strong performance in recent quarters. The company is optimistic about continued growth in critical industries despite near-term project delays, with order backlogs building and expected catch-up in realizations. Snap-on's new product launches, particularly in power tools and diagnostics, are resonating strongly with franchisees and customers, with management noting that engineering teams are now fully focused on new product development after a period constrained by component availability. The company remains well-positioned with its proprietary databases, machine learning capabilities, and comprehensive software solutions to address the evolving needs of vehicle repair shops navigating increasingly complex modern vehicles. Capital allocation priorities include maintaining investment in innovation and operations while preserving financial flexibility through available credit facilities and strong cash generation.
| Metric | Target | Period |
|---|---|---|
| Corporate costs | $28 million per quarter | FY2026 |
| Capital expenditures | approximately $100 million | FY2026 |
| Effective income tax rate | 22%-23% | FY2026 |
Corporate costs (FY2026): “With respect to corporate costs, we currently believe that expenses will approximate $28 million each quarter.”
Capital expenditures (FY2026): “We expect that capital expenditures for the year will approximate $100 million”
Effective income tax rate (FY2026): “we currently anticipate that our full year 2026 effective income tax rate will be in a range of 22%-23%”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2026 Earnings Call, Q3 FY2026 Earnings Call, Q2 FY2026 Earnings Call, Q1 FY2026 Earnings Call
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 5.2B | 5.2B | 5.2B | 5.1B | 5.1B | 4.8B |
| Net Income | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B | 912M |
| EPS | $19.19 | $19.19 | $19.19 | $19.51 | $18.76 | $16.82 |
| Free Cash Flow | 1.0B | 1.0B | 1.0B | 1.1B | 1.1B | 591M |
| ROIC | 18.8% | 18.9% | 19.3% | 19.8% | 19.9% | 20.7% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.20 | 0.20 | 0.20 | 0.24 | 0.25 | 0.28 |
| Dividends/Share | $8.72 | $8.86 | $8.86 | $7.72 | $6.72 | $5.88 |
| Operating Income | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B |
| Operating Margin | 25.8% | 25.8% | 25.8% | 26.3% | 25.7% | 24.9% |
| ROE | 17.1% | 17.1% | 18.0% | 19.9% | 21.2% | 22.0% |
| Shares Outstanding | 53M | 53M | 53M | 54M | 54M | 54M |
| Metric | 2020 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 3.5B | 3.7B | 4.0B | 4.1B | 4.1B | 3.9B | 3.9B | 4.8B | 5.1B | 5.1B | 5.2B | 5.2B | 5.2B |
| Gross Margin | 45.4% | 46.1% | 45.6% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D | 52M | 53M | 61M | 61M | 59M | 57M | 57M | 60M | 65M | 67M | 72M | 72M | 72M |
| SG&A | 1.1B | 1.1B | 1.3B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT | 685M | 861M | 882M | 956M | 962M | 881M | 881M | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Op. Margin | 19.6% | 23.2% | 22.1% | 23.5% | 23.7% | 22.3% | 22.3% | 24.9% | 25.7% | 26.3% | 25.8% | 25.8% | 25.8% |
| Net Income | 422M | 546M | 558M | 680M | 694M | 627M | 627M | 912M | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B |
| Net Margin | 12.1% | 14.7% | 13.9% | 16.7% | 17.0% | 15.9% | 15.9% | 18.8% | 19.8% | 20.4% | 19.7% | 19.7% | 19.7% |
| Non-Recurring | 6.1M | -200K | 0 | 0 | 0 | 12M | 12M | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 13.8% | 16.4% | 14.3% | 17.1% | 18.4% | 15.7% | 15.0% | 20.7% | 19.9% | 19.8% | 19.3% | 18.9% | 18.8% |
| ROE | 19.1% | 22.6% | 20.0% | 22.4% | 21.2% | 17.3% | 16.4% | 22.0% | 21.2% | 19.9% | 18.0% | 17.1% | 17.1% |
| ROA | 9.8% | 12.1% | 11.2% | 12.8% | 12.5% | 10.2% | 9.6% | 13.5% | 13.9% | 13.5% | 12.5% | 12.1% | 12.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 403M | 576M | 609M | 765M | 675M | 1.0B | 1.0B | 675M | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B |
| Free Cash Flow | 323M | 502M | 527M | 674M | 575M | 943M | 943M | 591M | 1.1B | 1.1B | 1.0B | 1.0B | 1.0B |
| Owner Earnings | 286M | 459M | 485M | 643M | 558M | 892M | 892M | 541M | 1.0B | 1.1B | 954M | 954M | 954M |
| CapEx | 81M | 74M | 82M | 91M | 99M | 66M | 66M | 84M | 95M | 84M | 76M | 76M | 76M |
| Maint. CapEx | 80M | 86M | 93M | 94M | 92M | 97M | 97M | 100M | 99M | 98M | 99M | 99M | 99M |
| Growth CapEx | 1.1M | 0 | 0 | 0 | 7.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 80M | 86M | 93M | 94M | 92M | 97M | 97M | 100M | 99M | 98M | 99M | 99M | 99M |
| CapEx/OCF | 20.3% | 15.9% | 13.5% | 11.9% | 14.7% | 6.5% | 6.5% | 7.3% | 8.2% | 6.9% | 7.0% | 7.0% | 7.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 108M | 148M | 169M | 192M | 217M | 243M | 243M | 313M | 356M | 406M | 462M | 462M | 462M |
| Dividend Yield | 2.0% | 2.0% | 2.3% | 2.6% | 2.9% | N/A | 3.5% | 3.0% | 3.3% | 3.1% | N/A | 2.7% | 2.2% |
| Share Buybacks | 79M | 120M | 288M | 284M | 238M | 174M | 174M | 198M | 295M | 290M | 329M | 329M | 329M |
| Buyback Yield | 1.3% | 1.5% | 3.4% | 3.4% | 3.2% | 0.0% | 2.0% | 4.2% | 2.4% | 2.0% | 0.0% | 1.7% | 1.5% |
| Stock-Based Comp | 38M | 31M | 30M | 27M | 24M | 20M | 20M | 34M | 45M | 29M | 29M | 29M | 29M |
| Debt Repayment | 100M | 0 | 150M | 458M | 0 | 0 | 0 | 250M | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 767M | 911M | 1.1B | 1.0B | 1.0B | 509M | 509M | 493M | 263M | -81M | -438M | -438M | -438M |
| Cash & Equiv. | 133M | 78M | 92M | 141M | 185M | 923M | 923M | 757M | 1.0B | 1.4B | 1.6B | 1.6B | 1.6B |
| Long-Term Debt | 863M | 709M | 754M | 946M | 947M | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Debt/Equity | 0.41 | 0.38 | 0.39 | 0.38 | 0.35 | 0.37 | 0.37 | 0.28 | 0.25 | 0.24 | 0.20 | 0.20 | 0.20 |
| Interest Coverage | 12.9 | 16.5 | 16.8 | 19.0 | 19.6 | 16.3 | 16.3 | 25.6 | 26.3 | 27.1 | 26.3 | 26.3 | 26.3 |
| Equity | 2.2B | 2.6B | 3.0B | 3.1B | 3.4B | 3.8B | 3.8B | 4.5B | 5.1B | 5.4B | 5.9B | 5.9B | 5.9B |
| Total Assets | 4.3B | 4.7B | 5.2B | 5.4B | 5.7B | 6.6B | 6.6B | 7.0B | 7.5B | 7.9B | 8.4B | 8.4B | 8.4B |
| Total Liabilities | 2.1B | 2.1B | 2.3B | 2.3B | 2.3B | 2.7B | 2.7B | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B |
| Intangibles | 203M | 185M | 254M | 233M | 244M | 982M | 261M | 276M | 269M | 268M | 1.1B | 271M | 271M |
| Retained Earnings | 2.6B | 3.4B | 3.8B | 4.3B | 4.8B | 5.2B | 5.2B | 6.3B | 6.9B | 7.6B | 8.1B | 8.1B | 8.1B |
| Working Capital | 1.1B | 895M | 1.7B | 1.3B | 1.4B | 1.9B | 1.9B | 2.4B | 2.7B | 3.0B | 3.5B | 3.5B | 3.5B |
| Current Assets | 1.9B | 1.9B | 2.1B | 2.2B | 2.4B | 3.1B | 3.1B | 3.4B | 3.7B | 4.0B | 4.4B | 4.4B | 4.4B |
| Current Liabilities | 719M | 990M | 411M | 952M | 948M | 1.2B | 1.2B | 972M | 942M | 962M | 919M | 919M | 919M |
| Per Share Data | |||||||||||||
| EPS | 7.14 | 9.20 | 9.52 | 11.87 | 12.41 | 11.44 | 11.44 | 16.82 | 18.76 | 19.51 | 19.19 | 19.19 | 19.19 |
| Owner EPS | 4.83 | 7.74 | 8.28 | 11.23 | 9.99 | 16.28 | 16.28 | 9.98 | 18.74 | 20.39 | 18.01 | 18.01 | 18.01 |
| Book Value | 37.36 | 44.07 | 50.42 | 54.45 | 61.00 | 69.79 | 69.79 | 82.68 | 94.09 | 100.81 | 111.94 | 111.94 | 111.94 |
| Cash Flow/Share | 6.82 | 9.70 | 10.39 | 13.35 | 12.07 | 18.40 | 18.40 | 12.46 | 21.42 | 22.75 | 20.41 | 20.41 | 21.05 |
| Dividends/Share | 1.85 | 2.54 | 2.95 | 3.41 | 3.93 | 4.47 | 4.47 | 5.88 | 6.72 | 7.72 | 8.86 | 8.86 | 8.72 |
| Shares Out. | 59.1M | 59.4M | 58.6M | 57.3M | 55.9M | 54.8M | 54.8M | 54.2M | 53.9M | 53.5M | 53.0M | 53.0M | 53.0M |
| Valuation | |||||||||||||
| P/E Ratio | 14.3 | 15.2 | 15.1 | 12.4 | 10.9 | N/A | 13.9 | 12.4 | 12.0 | 14.0 | N/A | 19.2 | 21.1 |
| P/FCF | 18.7 | 14.6 | 16.0 | 12.6 | 13.1 | N/A | 9.3 | 16.9 | 11.4 | 12.9 | N/A | 19.4 | 21.3 |
| EV/EBIT | 9.8 | 10.6 | 10.6 | 9.9 | 8.7 | N/A | 9.5 | 8.8 | 8.7 | 9.8 | N/A | 13.2 | 15.8 |
| Price/Book | 2.7 | 2.8 | 2.8 | 2.7 | 2.2 | N/A | 2.3 | 2.3 | 2.4 | 2.7 | N/A | 3.3 | 3.6 |
| Price/Sales | 1.7 | 2.2 | 1.8 | 1.8 | 1.8 | N/A | 1.8 | 2.3 | 2.1 | 2.6 | N/A | 3.4 | 4.2 |
| FCF Yield | 5.4% | 6.9% | 6.3% | 8.0% | 7.6% | N/A | 10.8% | 5.8% | 8.8% | 7.8% | N/A | 5.2% | 4.7% |
| Market Cap | 6.0B | 7.3B | 8.4B | 8.5B | 7.5B | 0 | 8.7B | 10.2B | 12.1B | 14.6B | 0 | 19.5B | 21.4B |
| Avg. Price | 93.26 | 122.49 | 125.19 | 130.36 | 131.54 | 0.00 | 127.24 | 195.36 | 198.20 | 246.11 | 0.00 | 327.22 | 404.12 |
| Year-End Price | 101.94 | 123.10 | 143.70 | 147.68 | 134.78 | N/A | 159.40 | 184.73 | 224.46 | 272.89 | N/A | 367.73 | 404.12 |
Snap-on Inc passes 5 of 9 quality checks, suggesting mixed fundamentals.
Snap-on Inc trades at 21.1x trailing earnings, compared to its 15-year median P/E of 13.2x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 21.3x vs a median of 13.0x. The company's 5-year average ROIC is 19.7%. Total shareholder yield (dividends + buybacks) is 3.7%. At current prices, the estimated annualized return to fair value is +8.2%.
Snap-on Inc (SNA) has a net profit margin of 19.7%. This is a healthy margin.
Snap-on Inc (SNA) generated $1.0 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Snap-on Inc (SNA) has a debt-to-equity ratio of 0.20. This indicates a conservatively financed balance sheet.
Snap-on Inc (SNA) reported earnings per share (EPS) of $19.19 in its most recent fiscal year.
Snap-on Inc (SNA) has a return on equity (ROE) of 17.1%. This indicates the company generates strong returns for shareholders.
The Ledger Terminal provides 18 years of financial data for Snap-on Inc (SNA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Snap-on Inc (SNA) has a book value per share of $111.94, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects the military segment to improve going forward and anticipates expansion in government and defense spending, while aviation and other critical industries demonstrated strong performance in recent quarters. The company is optimistic about continued growth in critical industries despite near-term project delays, with order backlogs building and expected catch-up in realizations. Snap-on's new product launches, particularly in power tools and diagnostics, are resonating strongly with franchisees and customers, with management noting that engineering teams are now fully focused on new product development after a period constrained by component availability. The company remains well-positioned with its proprietary databases, machine learning capabilities, and comprehensive software solutions to address the evolving needs of vehicle repair shops navigating increasingly complex modern vehicles. Capital allocation priorities include maintaining investment in innovation and operations while preserving financial flexibility through available credit facilities and strong cash generation.
Based on recent SEC filings and earnings calls, Snap-on Inc (SNA) has provided the following forward guidance: Corporate costs: $28 million per quarter (FY2026); Capital expenditures: approximately $100 million (FY2026); Effective income tax rate: 22%-23% (FY2026).
No recent press releases.