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Makes professional hand tools, diagnostics equipment and tool storage sold mainly to automotive technicians via franchised trucks.
Makes professional hand tools, diagnostics equipment and tool storage sold mainly to automotive technicians via franchised trucks.
Sells mostly through franchisee-run vans that visit garages regularly, selling to technicians on credit that Snap-on's own finance arm provides, so interest income from those loans adds to product sales. The van tools group is the core; separate units sell diagnostic equipment and software to garages and dealerships, and tools to industrial and aerospace buyers.
Moat: narrow (brand, distribution). Iconic brand and franchised mobile-van distribution build strong technician loyalty and switching costs.
Headquarters: Kenosha, Wisconsin, USA · Founded: 1920 · Employees: 13,000
Size Snap-on (SNA) is a United States Industrials company (Tools & Hardware) with a market value of $18.9B, the 509th largest of 3,117 United States companies the cockpit tracks. Shares closed at $367.22 on 6 Nov 2026.
Performance Over six months the shares fell 1.1%, against +14.8% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 8 in its peer set.
Growth Revenue grew 2.9% over the last twelve months (peer median +6.3%); the operating margin is 24.9% (peer median 15.1%).
Valuation It trades at 18.3× forward earnings against a peer median of 18.7× (4th cheapest of 8).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.5 points above its cost of capital (8.4% WACC).
Credit Snap-on has 3 bonds outstanding ($1.20B), rated A- by the agencies and trading like A+ at a weighted spread of 78 bp.
Short interest Short interest is 7.2% of the free float (15 Oct 2026).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.27B | $5.16B | $5.11B | $5.11B | $4.84B |
| Revenue growth | — | +1% | 0% | +5% | — |
| Gross profit | $2.73B | $2.67B | $2.65B | $2.62B | $2.45B |
| EBITDA | $1.41B | $1.43B | $1.44B | $1.41B | $1.31B |
| Net income | $1.01B | $1.02B | $1.04B | $1.01B | $912M |
| Free cash flow | $1.07B | $1.01B | $1.13B | $1.06B | $591M |
| Capital expenditure | $82.5M | $76.0M | $83.5M | $95.0M | $84.2M |
| Total debt | $1.31B | $1.29B | $1.29B | $1.28B | $1.27B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Snap-on SNA | $18.9B | -1% | +3% | 25% | 18.3× | 2.7% |
| Stanley Black & Decker SWK | $17.3B | +43% | 0% | 10% | 18.3× | 6.8% |
| Vontier VNT | $5.71B | +40% | +1% | 19% | 11.5× | 4.1% |
| Techtronic Ind 0669.HK | $33.1B | +14% | +4% | 9% | 22.8× | 8.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SNA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.3% | +11.6% | 3rd lowest of 8 |
| 6-month return | -1.1% | +14.8% | 3rd lowest of 8 |
| Distance from 52-week high | -13.2% | -7.9% | 3rd lowest of 8 |
| Revenue growth (TTM) | +2.9% | +6.3% | 3rd lowest of 8 |
| Operating margin | 24.9% | 15.1% | 2nd highest of 8 |
| Forward P/E | 18.3× | 18.7× | 4th cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | 2.7% | 7.6% | 2nd least demanding of 8 |
| Growth delivered (Del g) | +5.5% | +9.3% | 3rd lowest of 8 |
| Hurdle (Req g minus delivered) | -2.8 pp | -1.2 pp | 3rd least demanding of 8 |
| ROIC minus cost of capital | +9.5 pp | +3.5 pp | 3rd highest of 8 |
| EV / EBITDA | 13.2× | 15.7× | 3rd cheapest of 6 |
| Net debt / EBITDA | -0.3× | 1.7× | 2nd least indebted of 6 |
| Bond spread | 78 bp | 85 bp | tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Snap-on SNA | United States | $18.9B | -1% | +3% | 25% | 18.3× | 2.7% | +5.5% |
| Stanley Black & Decker SWK | United States | $17.3B | +43% | 0% | 10% | 18.3× | 6.8% | +3.0% |
| Allegion ALLE | United States | $15.6B | +39% | +10% | 22% | 18.7× | 7.6% | +8.4% |
| Techtronic Ind 0669.HK | Hong Kong | $33.1B | +14% | +4% | 9% | 22.8× | 8.1% | +9.3% |
| Makita 6586.T | Japan | $8.78B | -9% | +9% | 14% | 16.6× | 0.6% | +5.0% |
| ASSA ABLOY ASSA-B.ST | Sweden | $44.8B | +15% | 0% | 17% | 24.4× | 9.0% | +11.7% |
| Codan CDA.AX | Australia | $6.88B | +41% | +30% | 28% | 36.4× | 26.4% | +14.9% |
| Hangzhou GreatStar Industrial 002444.SZ | China | $5.33B | -13% | +6% | 15% | 13.0× | 5.8% | +11.5% |
Snap-on has 3 bonds outstanding with $1.20B face value. The agencies rate it A-; its bonds trade like A+. Weighted yield 6.09%, a spread of 78 bp over government bonds.