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Snap-on Incorporated
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S&P 500
🏹 Trader: 🎯 Near 52W High 📊 High Volume · stale View all →
$18.5B
Market Cap
19.6
P/E
2.51
PEG
18.2%
ROCE
17.8%
ROE
0.21
D/E
25.1%
OPM
-13.9%
% from 52W High
47
α RS
🔍 SNA is showing a multi-screen setup because it matches 12 of 39 tracked screener presets, Sector RRG has Industrials in the Improving quadrant with the trail still strengthening, it's within 13.9% of its 52-week high, and it has maintained a 35-day Near 52-Week High momentum persistence. The main caution: the Consistent Margins preset's Backtest win rate is only 49.2%. Net: Mixed signal stack, not a recommendation. ? Conviction RRG 52W High Momentum Streaks Backtest
Sources
Conviction 12/39 · Industrials in Improving quadrant · 13.9% from 52W high · Near 52-Week High streak: 35d · Backtest win rate 49.2%
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🌏 Global Investor Returns
Currency-adjusted total returns for SNA including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

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 wheel 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. In addition, it distributes and services vehicle collision equipment in Australia. Snap-on Incorporated was incorporated in 1920 and is based in Kenosha, Wisconsin.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding SNA
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 113.0K $41.1M 0.06% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$1.235B
+4.7% YoY
Operating Income
$336.4M
+2.8% YoY
Operating Margin
25.2%
-0.3pp YoY
Net Income
$260.6M
+4.1% YoY
What Went Right
  • Gross margin expanded 90 bps to 51.4%, driven by volume, RCI savings, and sourcing actions.
  • C&I organic sales rose 11% and operating margin hit a record 16.8%, up 330 bps.
  • EPS rose 5.1% to $4.96 and operating cash flow improved to $271.5M from $237.2M.
  • New Apollo diagnostics launch had strong momentum with independent garage owners.
What to Watch
  • Tool storage volumes and originations remain soft; originations fell 4.1% to $281M.
  • OEM dealership capex hesitancy weighed on RS&I, with operating margin down 160 bps to 24.0%.
  • Operating expenses as a % of sales rose to 29.6% from 28.5% on personnel and technology investment.
  • Management flagged ongoing macro turbulence from tariffs, supply chain shifts, and geopolitical conflicts.
Management Guidance
  • Corporate expenses expected to approximate $28 million in each of Q3 and Q4 2026.
  • Full-year 2026 capital expenditures expected to be approximately $100 million.
  • Full-year 2026 effective income tax rate expected to approximate 22%.
  • Q3 2025 EPS included a $0.31 one-time legal settlement benefit, noted as a comparison headwind.
Investor Lens
The thesis is stronger after this quarter: organic growth accelerated, gross margins improved, and C&I is proving the 'out of the garage' runway with record profitability. Weakness remains concentrated in tool storage and OEM dealer spending, but the pivot to faster-payback products is working and new acquisitions add capability. With EPS up 5% and cash flow strong, Snap-on appears well placed to keep navigating turbulence.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Strong execution amid macro noise; sales +4.7%, EPS $4.96
Revenue
Net sales were $1,235.1M, up 4.7% YoY, including a 3.0% organic gain, $11.5M from acquisitions and $8.7M FX. C&I led with 11% organic growth, Tools grew 3%, and RS&I grew 0.7% organically.
Profitability
Net earnings rose to $260.6M, or $4.96 per diluted share, up 5.1% from $4.72 a year ago. Consolidated operating earnings increased to $336.4M from $327.3M, with OpCo operating income at $268.9M.
Margins
Consolidated operating margin was 25.2%, down 30 bps due to higher operating expenses, while gross margin improved 90 bps to 51.4%. Segment margins: C&I 16.8% (record), Tools 22.6%, RS&I 24.0%.
Balance Sheet
Cash at quarter end was $1,644.7M, up from $1,624.5M at year-end. Operating cash flow was $271.5M versus $237.2M last year; investing cash outflows of $195.1M included $154.0M net for Diesel Laptops and Hi-Force, plus $23.1M capex.
Key Risks
Technician confidence remains fragile, especially for big-ticket tool storage, with originations down 4.1%. OEM dealership spending is in a low spot as automakers slow program launches. Rising personnel and technology investment costs are pressuring short-term margins.
Outlook
Management sees continued resilience in vehicle repair and critical industries and expects to maintain momentum despite turbulence. Guidance includes corporate costs of ~$28M per quarter, capex of ~$100M, and a full-year tax rate of ~22%.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (6 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (6)
Q3 2026 Q3 2026 2026-10-22
Q3 sales declined organically 2.8% as diesel-driven franchisee destocking and weaker OEM programs offset strength in critical industries. Gross margin held at 51%, while C&I posted record 18.5% operating margin.
Q2 2026 Q2 2026 2026-07-23
Second quarter sales grew 4.7% year-over-year to $1.24 billion, with gross margin up 90 basis points to 51.4% and EPS rising 5.1%. C&I led with 13.8% sales growth and record margins, while Tools and RS&I saw moderate gains. Investments, acquisitions, and new product launches supported growth amid ongoing macroeconomic uncertainty.
Q1 2026 Q1 2026 2026-04-23
First quarter sales hit a record $1.207 billion, up 5.8% year-over-year, with strong growth in C&I and Tools segments. Gross margins remained robust despite currency and tariff headwinds, and management remains confident in continued market resilience and growth opportunities.
Q4 2025 Q4 2025 2026-02-05
Fourth quarter sales grew 2.8% year-over-year with EPS up to $4.94, driven by strength in C&I and RS&I segments, robust gross margins, and continued investment in product innovation and brand. Cash position improved, and the dividend was raised for the 16th consecutive year.
Q3 2025 Q3 2025 2025-10-16
Third quarter sales grew 3.8% year-over-year to $1.19 billion, with strong momentum in RS&I (up 8.9% organically) and record Q3 EPS of $5.02, aided by a $22 million legal settlement. Gross margin remained robust at 50.9%, and the company maintained high liquidity and continued share repurchases.
Q2 2025 Q2 2025 2025-07-17
Second quarter sales were flat year-over-year at $1.18 billion, with operating income and EPS down due to the absence of a prior legal benefit and higher pension costs. Tools and RS&I segments showed growth, while CNI faced international and project-related headwinds. Cash flow remained strong, and the company continues to invest in product innovation and maintain a robust balance sheet.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
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Information Sources:
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