Snap-On Incorporated
337.15-5.55 (-1.62%)
Oct 29, 4:00:02 PM EDT · NYSE · SNA · USD
Key Stats
Market Cap
17.53BP/E (TTM)
17.70Basic EPS (TTM)
19.05Dividend Yield
0.03%Recent Filings
10-Q
Q3 FY2025 results
Snap-on's Q3 revenue climbed 3.8% year-over-year to $1,190.8M, fueled by 3.0% organic growth and favorable currency, while gross margin dipped 0.3 points to 50.9% amid mix shifts and tariff offsets via RCI efficiencies. Operating earnings rose 7.2% to $347.4M, boosted by a $22.0M legal settlement in the Repair Systems & Information Group, lifting the margin to 26.9% of revenues; diluted EPS hit $5.02, up from $4.70, reconciling cleanly with 52.9M shares. Year-to-date, revenue edged up 0.1% to $3,511.3M with flat organic sales, but operating earnings slipped 2.5% to $988.1M as YTD EPS fell to $14.24 from $14.69 amid higher personnel costs. Cash swelled to $1,534.1M, free cash flow (derived) at $751.1M after $62.5M capex, supporting $248.2M share repurchases and $335.5M dividends against $1,186.2M long-term debt and full $900M revolver availability. Strong liquidity persists. Yet competition in diagnostics and tools lingers as a key risk.
8-K
Q3 sales up 3.8%
Snap-on Incorporated reported third-quarter 2025 net sales of $1,190.8 million, up 3.8% from 2024, driven by 3.0% organic growth and favorable currency. Gross margin held at 50.9%, while diluted EPS rose to $5.02, boosted by a $0.31 per share legal settlement benefit. Repair Systems & Information Group surged 8.9% organically, offsetting softer commercial segments. Snap-on eyes resilient growth amid volatility.
10-Q
Q2 FY2025 results
Snap-on held net sales steady at $1,179.4 million in Q2 FY2025 ended June 28, 2025, flat year-over-year but with a 0.7% organic dip offset by favorable currency; gross margin slipped to 50.5% from 50.6% due to forex headwinds, yet RCI efficiencies cushioned the blow. Operating earnings fell 6.6% to $327.3 million, pressured by higher expenses, while financial services revenue edged up 1.2% to $101.7 million. Diluted EPS dropped to $4.72 from $5.07, aligning with 53.0 million shares. Cash swelled to $1,458.3 million, with free cash flow at $493.1 million (derived) after $42.6 million capex, and long-term debt steady at $1,186.0 million under a $900 million revolver with ample headroom. Snap-on repurchased $166.2 million in shares YTD. Competition in vehicle repair markets remains a key watch point.
8-K
Snap-on Q2 sales flat, EPS down
Snap-on Incorporated reported second-quarter 2025 net sales steady at $1,179.4 million, matching last year despite a 0.7% organic dip offset by currency gains. Operating earnings before financial services fell to $259.1 million (22.0% margin) from $280.3 million (23.8%), excluding a prior $11.2 million legal benefit, while diluted EPS dropped to $4.72 from $5.07. Tools Group sales rose 1.9%, signaling U.S. recovery amid technician uncertainty. Snap-on eyes resilient growth in diagnostics and torque tools, projecting $100 million capex and 22-23% tax rate.
8-K
Shareholders approve board, auditor
Snap-on Incorporated's shareholders at the April 24, 2025 annual meeting elected all 10 board nominees, including David C. Adams and Nicholas T. Pinchuk, for one-year terms ending in 2026, with strong support averaging over 90% for most directors. They ratified Deloitte & Touche LLP as the independent auditor for fiscal 2025 and approved executive compensation on an advisory basis, signaling robust investor alignment. All proposals passed decisively.
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