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Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, such as wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque tools, and other similar products; power tools, including cordless, pneumatic, and hydraulic and corded tools; impact wrenches, ratchets, screwdrivers, drills, sanders, and grinders. It also provides tool chests and roll cabinet stool storage products; facility-level tool control and asset management hardware and software; diagnostics, information, and management systems product comprising handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, OEM purchasing facilitation services, and warranty management systems and analytics to help OEM dealerships manage and track performance. In addition, the company offers heel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists; and training programs and after-sales support. It serves the vehicle service and repair, and industrial sectors through mobile van channel, company direct sales, distributors, and digital commerce. Snap-on Incorporated was incorporated in 1920 and is based in Kenosha, Wisconsin.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.2B | $1.5B | $1.0B | $1.0B | 17.1% | 0.9% | -2.6% |
| 2024 | $5.1B | $1.5B | $1.0B | $1.1B | 19.4% | 0.0% | 3.2% |
| 2023 | $5.1B | $1.5B | $1.0B | $1.1B | 19.9% | 5.5% | 10.9% |
| 2022 | $4.8B | $1.3B | $912M | $591M | 20.3% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,842.50 | 5,108.30 | 5,108.40 | 5,156.10 |
| Operating Revenue | - | 4,818.30 | 5,081.30 | 5,078.60 | 5,122.20 |
| Cost Of Revenue | - | 2,395.40 | 2,488.70 | 2,453.60 | 2,488.90 |
| Gross Profit | - | 2,447.10 | 2,619.60 | 2,654.80 | 2,667.20 |
| Operating Expense | - | 1,239.90 | 1,309.20 | 1,309.10 | 1,339.50 |
| Total Expenses | - | 3,635.30 | 3,797.90 | 3,762.70 | 3,828.40 |
| Operating Income | - | 1,207.20 | 1,310.40 | 1,345.70 | 1,327.70 |
| Total Operating Income As Reported | - | 1,207.20 | 1,310.40 | 1,345.70 | 1,327.70 |
| EBITDA | - | 1,349.90 | 1,477.20 | 1,520.70 | 1,484.90 |
| Normalized EBITDA | - | 1,357.40 | 1,488.20 | 1,528.10 | 1,488.50 |
| EBIT | - | 1,249.70 | 1,377.90 | 1,422.70 | 1,386.40 |
| Interest Income | - | 13 | 40.20 | 57 | 58.80 |
| Interest Expense | - | 47.10 | 49.90 | 49.60 | 50.50 |
| Net Interest Income | - | -34.10 | -9.70 | 7.40 | 8.30 |
| Other Non Operating Income Expenses | - | 37 | 38.30 | 27.40 | 3.50 |
| Other Income Expense | - | 29.50 | 27.30 | 20 | -0.10 |
| Interest Income Non Operating | - | 13 | 40.20 | 57 | 58.80 |
| Interest Expense Non Operating | - | 47.10 | 49.90 | 49.60 | 50.50 |
| Net Non Operating Interest Income Expense | - | -34.10 | -9.70 | 7.40 | 8.30 |
| Pretax Income | - | 1,202.60 | 1,328 | 1,373.10 | 1,335.90 |
| Tax Provision | - | 268.70 | 293.40 | 304.20 | 293.60 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.71 | -2.43 | -1.64 | -0.79 |
| Net Income Continuous Operations | - | 933.90 | 1,034.60 | 1,068.90 | 1,042.30 |
| Net Income From Continuing And Discontinued Operation | - | 911.70 | 1,011.10 | 1,043.90 | 1,016.90 |
| Net Income From Continuing Operation Net Minority Interest | - | 911.70 | 1,011.10 | 1,043.90 | 1,016.90 |
| Net Income | - | 911.70 | 1,011.10 | 1,043.90 | 1,016.90 |
| Net Income Common Stockholders | - | 911.70 | 1,011.10 | 1,043.90 | 1,016.90 |
| Net Income Including Noncontrolling Interests | - | 933.90 | 1,034.60 | 1,068.90 | 1,042.30 |
| Normalized Income | - | 917.49 | 1,019.67 | 1,049.66 | 1,019.71 |
| Diluted NI Availto Com Stockholders | - | 911.70 | 1,011.10 | 1,043.90 | 1,016.90 |
| Basic Average Shares | - | 53.20 | 52.90 | 52.60 | 52.10 |
| Diluted Average Shares | - | 54.20 | 53.90 | 53.50 | 53 |
| Reconciled Depreciation | - | 100.20 | 99.30 | 98 | 98.50 |
| Reconciled Cost Of Revenue | - | 2,395.40 | 2,488.70 | 2,453.60 | 2,488.90 |
| Total Unusual Items | - | -7.50 | -11 | -7.40 | -3.60 |
| Total Unusual Items Excluding Goodwill | - | -7.50 | -11 | -7.40 | -3.60 |
| Minority Interests | - | -22.20 | -23.50 | -25 | -25.40 |
| Earnings From Equity Interest Net Of Tax | 1.50 | 0 | 0 | - | - |
| Gain On Sale Of Security | - | -7.50 | -11 | -7.40 | -3.60 |
| Total Other Finance Cost | 77.70 | 83.70 | 107.60 | 124.10 | - |
| Other Operating Expenses | - | 1,239.90 | 1,309.20 | 1,309.10 | 1,339.50 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Snap-on Incorporatedthis co. | SNA | $19.6B | 19.30↓ discount | 3.31 | 17.1% | 12.99 |
| C.H. Robinson Worldwide, Inc. | CHRW | $21.8B | 37.06 | 11.79 | 31.8% | 25.61 |
| Expeditors International of Washington, Inc. | EXPD | $20.9B | 25.85 | 8.89 | 34.4% | 18.21 |
| Veralto Corporation | VLTO | $20.8B | 22.14 | 6.70 | 30.3% | 16.08 |
| Equifax Inc. | EFX |
| - |
| - |
| - |
| - |
| - |
| $20.6B |
| 31.24 |
| 4.48 |
| 14.3% |
| 13.92 |
| Southwest Airlines Co. | LUV | $20.2B | 45.79 | 2.53 | 5.5% | 10.26 |
| Global Payments Inc. | GPN | $18.5B | 13.25 | 0.81 | 6.1% | 9.65 |
| Lennox International Inc. | LII | $18.0B | 22.37 | 15.50 | 69.3% | 17.10 |
| Generac Holdings Inc. | GNRC | $16.4B | 102.62 | 6.22 | 6.1% | 37.73 |
| Peer Median | - | 28.54 | 6.46 | 22.3% | 16.59 | |