SNA
Snap-on Inc
Next earnings Jul 16, 2026 · consensus $5.00 EPS, $1.23B rev
Last earnings +2.2% on 2026-04-23
$412.09
▲ +3.45%$412.09▲ +36.15%
over 1Y
L $302.67H $412.09
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+3.4%
1W+2.8%
1M+10.6%
3M+13.5%
YTD+19.0%
1Y+36.2%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 16 analysts
Hold
High-quality, fortress-balance-sheet compounder at a fair 20x — slow growth but 17% ROE, 38.8% gross margin and steady buybacks.
Revenue $4.71B · FY2026
The read
The fundamentals carry the rating, but the price is rich (~58% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Snap-on is a textbook quality compounder: a dominant tools-and-equipment franchise with a 38.8% gross margin, 28.2% operating margin and 21.6% net margin on $4.71B of FY2026 revenue. Net income of $1.02B and diluted EPS of $19.19 sit on a fortress balance sheet — total liabilities of just $2.46B against $5.93B of equity (0.41x liabilities/equity), $1.62B of cash and only $1.19B of long-term debt. Return on equity of 17.1% is strong for an industrial, and the company funded $462M of dividends (+13.7%) and $329M of buybacks (+13.3%) while still letting cash grow 19.4%.
The knock is growth. Revenue rose only 0.7% YoY and has been essentially flat across FY2023-FY2026 (~$4.7B), with EPS down 1.6% and operating cash flow down 11.2% to $1.08B. The MD&A and risk factors point to the franchisee-driven model as both moat and headwind — results hinge on Snap-on's ability to retain and attract franchisees and improve their sales and profitability, alongside tariff/trade disruptions and raw-material (steel, plastics, electronics) cost swings.
Is SNA a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBull call spread (wide)~90d expiry
- Long call 410 @ ~20.32 est
- Short call 475 @ ~2.23 est
debit $1,809max +$4,691max −$1,809BE 428.09
High-conviction BUY: a wider spread keeps more of the upside while the short call still cuts cost and decay.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY26 |
|---|---|---|---|---|---|
| Revenue | $3.57B | $4.47B | $4.70B | $4.68B | $4.71B |
| Gross profit | — | — | — | — | — |
| Operating income | $881M | $1.21B | $1.31B | $1.35B | $1.33B |
| Net income | $627M | $912M | $1.01B | $1.04B | $1.02B |
| Diluted EPS | $11.44 | $16.82 | $18.76 | $19.51 | $19.19 |
| Net margin | 17.6% | 20.4% | 21.5% | 22.3% | 21.6% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$20.9B
EV / EBITDA14.7
EV / Sales4.4
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield4.8%
FCF yield—
Quality & risk
ROIC (est.)14.7%
Free cash flow—
Total debt$1.19B
Net cash$438M
Altman Z-Score8.15 safe
Piotroski F-Score7/9
Capital returns
Buyback yield1.5%
Dividend yield (est.)2.2%
Shareholder yield3.7%
Shares Δ YoY-0.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗4Period ending 2026-07-012026-07-02open ↗144Filing2026-07-01open ↗4Period ending 2026-06-102026-06-11open ↗4Period ending 2026-06-102026-06-11open ↗11-KPeriod ending 2025-12-312026-06-11open ↗144Filing2026-06-10open ↗144Filing2026-06-10open ↗4Period ending 2026-06-042026-06-04open ↗144Filing2026-06-04open ↗SDFiling2026-05-29open ↗4Period ending 2026-05-142026-05-14open ↗144Filing2026-05-14open ↗
Frequently asked
- Is Snap-on Inc (SNA) a buy?
- SNA currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. High-quality, fortress-balance-sheet compounder at a fair 20x — slow growth but 17% ROE, 38.8% gross margin and steady buybacks.
- What is SNA's fair value?
- A Modified-Graham model based on SNA's SEC fundamentals estimates a fair value of about $171.27. It is an estimate from reported earnings, not a price target.
- Is SNA overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SNA currently appears overvalued relative to its SEC-grounded earnings power.
- What is Snap-on Inc's quality score?
- SNA scores 73.05032801151387/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000091440, latest 10-Q filed 2026-04-23) · EODHD · Proprietary analysis · as of 6/21/2026, 8:42:10 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:42 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.