SNANYSECutlery, Handtools & General HardwareFiscal year ends January 2
Snap-on Inc
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Jul 23, 2026
$364.87−2.38 (-0.65%)
Close on Oct 19, 2026
- Market cap
- $19.16B
- P/E (TTM)
- 18.6
- Dividend yield
- 2.43%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
25.8%+3.4 pts over 5 years
Net margin
19.7%+3.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.9% | +2.1% | +5.5% | +3.7% | |
| Operating income | -1.3% | +3.2% | +8.6% | +5.7% | |
| Net income | -2.6% | +3.7% | +10.2% | +7.8% | |
| EPS, diluted | -1.6% | +4.5% | +10.9% | +9.0% | |
| Dividend per share | +14.8% | +14.6% | +14.7% | +14.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 21.7% | 17.3% | 18.0% | |
| Return on assets | 12.1% | 10.2% | 12.5% | |
| Current ratio | 1.90 | 2.65 | 4.79 | |
| Debt to equity | 0.38 | 0.38 | 0.20 | |
| Net debt to EBITDA | 0.96× | 0.54× | -0.31× | |
| Interest coverage | 16.5× | 16.3× | 26.3× | |
| Inventory turnover | 3.9× | – | – | |
| Diluted shares | 59M | 55M | 53M |
Cash use needs five years of cash flow figures
Snap-on does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin19.7%
×Asset turnover0.63×
×Equity multiplier1.44×
=Return on equity, FY202518.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 19.7% | 0.63× | 1.44× | 18.0% |
| FY2024 | 20.4% | 0.66× | 1.48× | 19.9% |
| FY2023 | 19.8% | 0.70× | 1.52× | 21.2% |
| FY2022 | 18.8% | 0.71× | 1.59× | 21.0% |
| FY2021 | 17.8% | 0.69× | 1.66× | 20.5% |
| FY2020 | 15.9% | 0.64× | 1.69× | 17.3% |
| FY2019 | 17.0% | 0.74× | 1.70× | 21.3% |
| FY2018 | 16.7% | 0.77× | 1.75× | 22.5% |
| FY2017 | 13.9% | 0.80× | 1.79× | 20.0% |
| FY2016 | 14.7% | 0.82× | 1.80× | 21.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$1.02B
- Cash generatingOperating cash flow above zero$1.08B
- Return on assets improvedROA up on the prior year13.8% → 12.9%
- Earnings backed by cashOperating cash flow above net income$1.08B vs $1.02B
- Less leverageLong-term debt to assets fell15.0% → 14.1%
- Better liquidityCurrent ratio rose4.15 → 4.79
- No dilutionShare count did not rise54M → 53M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.68 → 0.65