Snap-on Inc

SNA 10-K · Q4 2025

SNA Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 1,339.9 1,299.2 +3.1%
Show Product Lines breakouts
Financial Service 108 100.5 +7.5%
Financial Service · Financial Services 108 100.5 +7.5%
Financial Service · Financial Services 108 100.5 +7.5%
Financial Service · Operating Segments 108 100.5 +7.5%
Product And Service Other 8.9 7.6 +17.1%
Product And Services, Excluding Financial Services [Member] 1,231.9 1,198.7 +2.8%
Product And Services, Excluding Financial Services [Member] · All other 120.7 115.6 +4.4%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group -76.1 -76.3 +0.3%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 300 281.7 +6.5%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 22 21.2 +3.8%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 66.5 67.5 -1.5%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 86.9 80.8 +7.5%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 168.6 154.6 +9.1%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 322 302.9 +6.3%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 398.1 379.2 +5.0%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 322 302.9 +6.3%
Product And Services, Excluding Financial Services [Member] · Europe 203.7 185.9 +9.6%
Product And Services, Excluding Financial Services [Member] · External Sales 300 281.7 +6.5%
Product And Services, Excluding Financial Services [Member] · External Sales 931.9 917 +1.6%
Product And Services, Excluding Financial Services [Member] · External Sales 1,231.9 1,198.7 +2.8%
Product And Services, Excluding Financial Services [Member] · Intersegment Elimination -139 -143.7 +3.3%
Product And Services, Excluding Financial Services [Member] · North America 907.5 897.2 +1.1%
Product And Services, Excluding Financial Services [Member] · Operating Segments 1,370.9 1,342.4 +2.1%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group -62.9 -67.4 +6.7%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 404.9 389.2 +4.0%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 31.4 26.3 +19.4%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 72.1 65.2 +10.6%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 301.4 297.7 +1.2%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 404.9 389.2 +4.0%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 467.8 456.6 +2.5%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 404.9 389.2 +4.0%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 505 506.6 -0.3%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 22.8 21.8 +4.6%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 44.7 39.9 +12.0%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 437.5 444.9 -1.7%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 505 506.6 -0.3%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 505 506.6 -0.3%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 505 506.6 -0.3%
Show Business Segments breakouts
Commercial & Industrial Group · Operating Segments 398.1 379.2 +5.0%
Financial Services · Operating Segments 108 100.5 +7.5%
Repair Systems  & Information Group · Operating Segments 467.8 456.6 +2.5%
Snap-on Tools Group · Operating Segments 505 506.6 -0.3%
Show Consolidation Items breakouts
Intersegment Elimination -139 -143.7 +3.3%
Cost of Revenue (Q)
Show Product Lines breakouts
Product And Services, Excluding Financial Services [Member] -626.4 -602.6 -3.9%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group -244.6 -223.8 -9.3%
Product And Services, Excluding Financial Services [Member] · Intersegment Elimination 139 143.7 -3.3%
Product And Services, Excluding Financial Services [Member] · Operating Segments -765.4 -746.3 -2.6%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group -248.4 -242 -2.6%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group -272.4 -280.5 +2.9%
Gross Profit (Q)
Show Product Lines breakouts
Product And Services, Excluding Financial Services [Member] 605.5 596.1 +1.6%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 153.5 155.4 -1.2%
Product And Services, Excluding Financial Services [Member] · Operating Segments 605.5 596.1 +1.6%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 219.4 214.6 +2.2%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 232.6 226.1 +2.9%
Operating Expenses (Q)
Show Product Lines breakouts
Financial Service -33.6 -33.8 +0.6%
Financial Service · Financial Services -33.6 -33.8 +0.6%
Product And Services, Excluding Financial Services [Member] -340.3 -330.9 -2.8%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group -92.9 -91.9 -1.1%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group -101.7 -93.2 -9.1%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group -125.3 -119.2 -5.1%
Show Consolidation Items breakouts
Operating Segments -353.5 -338.1 -4.6%
Operating Income 339.6 331.9 +2.3%
Show Product Lines breakouts
Financial Service 74.4 66.7 +11.5%
Financial Service · Financial Services 74.4 66.7 +11.5%
Product And Services, Excluding Financial Services [Member] 265.2 265.2 0.0%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group 60.6 63.5 -4.6%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group 117.7 121.4 -3.0%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group 107.3 106.9 +0.4%
Show Consolidation Items breakouts
Corporate Non Segment -20.4 -26.6 +23.3%
Operating Segments 360 358.5 +0.4%
Interest Expense -13.4 -12.3 -8.9%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 0.5 0.5 0.0%
Other Non-Operating Income (Expense) 15.7 19.6 -19.9%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -5.4 -2.1 -157.1%
Income Before Taxes 341.9 339.2 +0.8%
Income Tax Expense (Benefit) -74.9 -75 +0.1%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 1.3 0.6 +116.7%
Net Income 267 264.2 +1.1%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -4.1 -1.5 -173.3%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 0.5 0.5 0.0%
Noncontrolling Interest 6.3 6.1 +3.3%
Retained Earnings 260.7 258.1 +1.0%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -3.6 -1 -260.0%
Net Income Loss Attributable To Noncontrolling Interest -6.3 -6.1 -3.3%
Net Income 260.7 258.1 +1.0%
EPS (Basic) 5.03 4.94 +1.8%
EPS (Diluted) 4.95 4.82 +2.7%
Wtd Avg Shares (Basic) -0.1 -0.1 0.0%
Incremental Common Shares Attributable To Share Based Payment Arrangements -843,977.1 -863,022.1 +2.2%
Wtd Avg Shares (Diluted) -0.1 0
Revenue 1,223 1,191.1 +2.7%
Interest Income 15.8 14.7 +7.5%
Comprehensive Income 299.6 107.8 +177.9%
Foreign Currency Transaction Gain Loss Before Tax -1 -2.3 +56.5%
Labor And Related Expense (Q)
Show Product Lines breakouts
Financial Service · Financial Services -9.7 -8.5 -14.1%
Product And Services, Excluding Financial Services [Member] · Commercial & Industrial Group -59.2 -55.3 -7.1%
Product And Services, Excluding Financial Services [Member] · Repair Systems  & Information Group -65.2 -64.2 -1.6%
Product And Services, Excluding Financial Services [Member] · Snap-on Tools Group -51.2 -47.5 -7.8%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 1,624.5 1,360.5 +19.4%
Accounts Receivable 881.4 815.6 +8.1%
Notes And Loans Receivable Net Current 720.2 730.3 -1.4%
Show Accounts Notes Loans And Financing Receivable By Receivable Type breakouts
Finance Receivables 590.2 610.3 -3.3%
Loans Receivable 130 120 +8.3%
Inventory 1,025.2 943.4 +8.7%
Prepaid Expenses & Other Current Assets 151.5 139.6 +8.5%
Total Current Assets 4,402.8 3,989.4 +10.4%
Non-Current Assets
Operating Lease Right-of-Use Assets 83.7 89.4 -6.4%
Deferred Tax Assets 72.5 78 -7.1%
Notes And Loans Receivable Net Noncurrent 1,721.9 1,730.3 -0.5%
Show Accounts Notes Loans And Financing Receivable By Receivable Type breakouts
Finance Receivables 1,298.8 1,312 -1.0%
Loans Receivable 423.1 418.3 +1.1%
Goodwill 1,109.5 1,056.8 +5.0%
Show Business Segments breakouts
Commercial & Industrial Group 349.4 315.6 +10.7%
Repair Systems  & Information Group 747.7 728.8 +2.6%
Snap-on Tools Group 12.4 12.4 0.0%
Defined Benefit Plan Assets For Plan Benefits Noncurrent 173.8 125.4 +38.6%
Show Retirement Plan Type breakouts
Pension Plans Defined Benefit 173.8 125.4 +38.6%
Other Non-Current Assets 25.1 17.3 +45.1%
Total Assets 8,412.3 7,896.8 +6.5%
Show Business Segments breakouts
Commercial & Industrial Group · Operating Segments 1,318.1 1,230.8 +7.1%
Financial Services · Operating Segments 2,477.2 2,491.9 -0.6%
Repair Systems  & Information Group · Operating Segments 1,784.3 1,695.5 +5.2%
Snap-on Tools Group · Operating Segments 972.1 937.5 +3.7%
Show Consolidation Items breakouts
Corporate Non Segment 1,946.3 1,633 +19.2%
Intersegment Elimination -85.7 -91.9 +6.7%
Operating Segments 6,551.7 6,355.7 +3.1%
Intangible Assets 132.2 129.5 +2.1%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 45.1 49.1 -8.1%
Developed Technology Rights 0.5 3.5 -85.7%
Internally developed software 54.3 44 +23.4%
Other 0.4 3.2 -87.5%
Patents 30.6 28.4 +7.7%
Trademarks 1.3 1.3 0.0%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 552.3 542.6 +1.8%
Intangible Assets Net Excluding Goodwill 270.7 267.6 +1.2%
Current Liabilities
Notes Payable Current 16.2 13.7 +18.2%
Accounts Payable 229.1 265.9 -13.8%
Accrued Employee Benefits Current 64.7 67.2 -3.7%
Accrued Salaries Current 77.2 86.1 -10.3%
Deposit Liability Current 66.2 70.9 -6.6%
Other Accrued Liabilities Current 465.1 457.7 +1.6%
Total Current Liabilities 918.5 961.5 -4.5%
Deferred Revenue (Current) 68.1 59 +15.4%
Non-Current Liabilities
Long-Term Debt 1,186.4 1,185.5 +0.1%
Deferred Tax Liabilities 87 73.5 +18.4%
Postemployment Benefits Liability Noncurrent 17.7 19.4 -8.8%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 85.7 78.4 +9.3%
Show Retirement Plan Type breakouts
Defined Benefit Postretirement Health Coverage 17.7 19.4 -8.8%
Pension Plans Defined Benefit 85.7 78.4 +9.3%
Operating Lease Liabilities 61.8 68.6 -9.9%
Other Non-Current Liabilities 98.4 92.9 +5.9%
Total Liabilities 2,455.5 2,479.8 -1.0%
Long-Term Debt 1,202.6 1,199.2 +0.3%
Stockholders' Equity
Common Stock 67.5 67.5 0.0%
Additional Paid-In Capital 578.5 557.7 +3.7%
Retained Earnings 8,137.5 7,584.3 +7.3%
Accumulated Other Comprehensive Income -354.8 -575 +38.3%
Treasury Stock Common Value -2,496.9 -2,240.4 -11.4%
Total Stockholders' Equity 5,931.8 5,394.1 +10.0%
Minority Interest 25 22.9 +9.2%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 5,956.8 5,417 +10.0%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -218.8 -258.4 +15.3%
Accumulated Gain Loss Net Cash Flow Hedge Parent 2.3 4 -42.5%
Accumulated Other Comprehensive Income -354.8 -575 +38.3%
Accumulated Translation Adjustment -138.3 -320.6 +56.9%
Additional Paid In Capital 578.5 557.7 +3.7%
Common Stock 67.5 67.5 0.0%
Noncontrolling Interest 25 22.9 +9.2%
Retained Earnings 8,137.5 7,584.3 +7.3%
Treasury Stock Common -2,496.9 -2,240.4 -11.4%
Total Liabilities & Equity 8,412.3 7,896.8 +6.5%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Depreciation 19.9 18 +10.6%
Amortization Of Intangible Assets 5.4 6.3 -14.3%
Provision For Loan Losses Expensed 18.6 20.5 -9.3%
Show Accounts Notes Loans And Financing Receivable By Receivable Type breakouts
Finance Receivables 18.6 20.5 -9.3%
Loans Receivable 0.8 1 -20.0%
Accounts Receivable And Contract Receivable Credit Loss Expense Reversal 6 5 +20.0%
Stock-Based Compensation 7.2 7.1 +1.4%
Deferred Income Taxes 3.2 -1 +420.0%
Gains Losses On Sales Of Assets -15.9 -0.1 -15800.0%
Increase Decrease In Accounts And Other Receivables 38.6 -44.8 +186.2%
Increase Decrease In Other Receivables -3.5 -2 -75.0%
Change in Inventory 0.7 19.2 -96.4%
Change in Prepaid & Other Assets 6.3 -0.1 +6400.0%
Change in Accounts Payable -46.5 -4.6 -910.9%
Increase Decrease In Other Accrued Liabilities -38.9 5.8 -770.7%
Net Cash from Operations 268.1 293.5 -8.7%
Investing Activities
Payments To Acquire Finance Receivables -235.2 -234.7 -0.2%
Proceeds From Sale And Collection Of Finance Receivables 246.4 208.5 +18.2%
Payments For Capital Improvements -13.5 -18.1 +25.4%
Proceeds From Sale Of Other Property Plant And Equipment 19.5 1.1 +1672.7%
Other Investing Activities 8.7 3 +190.0%
Net Cash from Investing 25.9 -40.2 +164.4%
Financing Activities
Net Increase Decrease In Other Short Term Borrowing -4.6 -0.4 -1050.0%
Payments Of Dividends -126.7 -112.3 -12.8%
Share Repurchases -80.4 -112.5 +28.5%
Proceeds From Stock Plans And Stock Options Exercised 13.9 30.7 -54.7%
Proceeds From Payments For Other Financing Activities -6.7 -7 +4.3%
Net Cash from Financing -204.5 -201.5 -1.5%
Supplemental
Interest Paid -8.7 -8.3 -4.8%
Income Taxes Paid -114.5 -61.8 -85.3%
Other Cash Flow
Net Change in Cash 90.4 47.2 +91.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,624.5 1,360.5 +19.4%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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