Upside case
Bull case
$543+40.3%
SNA would need investors to value it at roughly 28x earnings — about 8x more generous than today's 20x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Snap-on Incorporated (SNA) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
17
analysts
11 bullish · 2 bearish · 17 covering SNA
Strong Buy
0
Buy
11
Hold
4
Sell
2
Strong Sell
0
Consensus Target
$415
+7.3% vs today
Scenario Range
$260 – $543
Model bear to bull value window
Coverage
17
Published analyst ratings
Valuation Context
20.3x
Forward P/E · Market cap $20.2B
SNA price targets
Three scenarios for where SNA stock could go
Current
~$387
Confidence
52 / 100
Updated
Jun 18, 2026
Where we are now
Current · $387
Bear
$260
Base
$412
Bull
$543
Market caseClosest to today
Base case
$412+6.5%
This is close to how the market is already pricing SNA — at roughly 22x forward earnings. No dramatic re-rating needed, just steady execution on the core business.
Stress case
Bear case
$260-32.9%
If investor confidence fades or macro conditions deteriorate, a 7x multiple contraction could push SNA down roughly 33% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Snap-on Incorporated
SNA · NYSEIndustrialsManufacturing - Tools & AccessoriesJanuary year-end
Snap-on Incorporated is a premium tool and equipment manufacturer serving professional technicians and industrial customers worldwide. It generates revenue primarily through tool sales (~75% of revenue) and financial services (~25%) — offering financing to its professional customers who purchase its high-end tools. The company's moat lies in its direct-to-professional sales force — the iconic "Snap-on truck" — which builds deep customer relationships and creates switching costs through tool financing and brand loyalty.
Market Cap
$20.2B
Revenue TTM
$5.1B
Net Income TTM
$1.0B
Net Margin
20.0%
SNA Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
92%Exceptional
12 quarters tracked
Revenue Beat Rate
75%Exceptional
vs consensus estimates
Avg EPS Surprise
+1.3%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$4.72/$4.63
Revenue
$1.3B/$1.2B
Q4 2025
EPS
$4.71/$4.64
Revenue
$1.3B/$1.2B
Q1 2026
EPS
$4.94/$4.93
Revenue
$1.2B/$1.2B
Q2 2026
EPS
$4.69/$4.68
Revenue
$1.2B/$1.2B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $4.72/$4.63 | +1.9% | $1.3B/$1.2B | +10.8% |
| Q4 2025 | $4.71/$4.64 | +1.5% | $1.3B/$1.2B | +11.4% |
| Q1 2026 | $4.94/$4.93 | +0.2% | $1.2B/$1.2B | -0.6% |
| Q2 2026 | $4.69/$4.68 | +0.2% | $1.2B/$1.2B | +2.5% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$5.2B
+2.4% YoY
FY2
$5.3B
+1.0% YoY
EPS Outlook
FY1
$20.03
+3.2% YoY
FY2
$20.43
+2.0% YoY
Trailing FCF (TTM)$1.1B
FCF Margin: 21.0%
Next Earnings
July 16, 2026
Expected EPS
$4.90
Expected Revenue
$1.2B
SNA beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
SNA Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $5.2B
Product Mix
Latest annual revenue by segment or product family
Tools Group
38.1%
-1.2% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
North America
73.2%
+0.3% YoY
Tap, hover, or focus a slice to inspect segment detail.
Tools Group is the largest disclosed segment at 38.1% of FY 2025 revenue, down 1.2% YoY.
North America is the largest reported region at 73.2%, up 0.3% YoY.
SNA Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Cheap versus peers
Fair value est. $505 — implies +30.3% from today's price.
Upside to Fair Value
30.3%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
SNA
20.2x
vs
S&P 500
24.4x
17% discount
vs Industrials Trailing P/E
SNA
20.2x
vs
Industrials
25.6x
21% discount
vs SNA 5Y Avg P/E
Today
20.2x
vs
5Y Average
15.9x
+27% premium
Forward PE
20.3x
S&P 500
18.8x
+8%
Industrials
21.2x
-4%
5Y Avg
—
—
Trailing PE
20.2x
S&P 500
24.4x
-17%
Industrials
25.6x
-21%
5Y Avg
15.9x
+27%
PEG Ratio
1.85x
S&P 500
1.66x
+12%
Industrials
1.65x
+12%
5Y Avg
—
—
EV/EBITDA
13.9x
S&P 500
15.2x
-8%
Industrials
13.9x
+0%
5Y Avg
11.3x
+23%
Price/FCF
20.0x
S&P 500
20.7x
-3%
Industrials
20.0x
-0%
5Y Avg
16.7x
+20%
Price/Sales
3.9x
S&P 500
3.1x
+26%
Industrials
1.6x
+150%
5Y Avg
3.1x
+27%
Dividend Yield
2.25%
S&P 500
1.91%
+18%
Industrials
1.21%
+85%
5Y Avg
2.37%
-5%
| Metric | SNA | S&P 500 | Industrials | 5Y Avg SNA |
|---|---|---|---|---|
| Forward PE | 20.3x | 18.8x | 21.2x | — |
| Trailing PE | 20.2x | 24.4x-17% | 25.6x-21% | 15.9x+27% |
| PEG Ratio | 1.85x | 1.66x+12% | 1.65x+12% | — |
| EV/EBITDA | 13.9x | 15.2x | 13.9x | 11.3x+23% |
| Price/FCF | 20.0x | 20.7x | 20.0x | 16.7x+20% |
| Price/Sales | 3.9x | 3.1x+26% | 1.6x+150% | 3.1x+27% |
| Dividend Yield | 2.25% | 1.91% | 1.21% | 2.37% |
SNA trades above S&P 500 benchmarks on 2 of 6 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolSNA Financial Health
Verdict
Exceptional
SNA generates $1.1B in free cash flow at a 21.0% margin — 18.1% ROIC signals a durable competitive advantage · returns 3.9% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$5.1B
Revenue Growth
TTM vs prior year
+1.0%
Gross Margin
Gross profit as a share of revenue
51.3%
Operating Margin
Operating income divided by revenue
24.7%
Net Margin
Net income divided by revenue
20.0%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$19.42
Free Cash Flow (TTM)
Cash generation after capex
$1.1B
FCF Margin
FCF as share of revenue — the primary cash quality signal
21.0%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
18.1%
ROA
Return on assets, trailing twelve months
12.2%
Cash & Equivalents
Liquid assets on the balance sheet
$1.6B
Net Cash
Cash exceeds total debt — no net leverage
$298M
Debt Serviceability
Net debt as a multiple of annual free cash flow
Net cash ✓
ROE
Return on equity, trailing twelve months
17.4%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
3.9%
Dividend
2.3%
Buyback
1.6%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$329M
Dividend / Share
Annualized trailing dividend per share
$8.72
Payout Ratio
Share of earnings distributed as dividends
45.5%
Shares Outstanding
Declining as buybacks retire shares
52M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageSNA Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Valuation concerns
Analyst downgrade due to unjustified valuation and muted growth prospects.
Medium
Growth uncertainty
Potential risks from factors discussed in annual reports, including 'Item 1A: Risk Factors', could affect actual results.
Lower
Market positioning
Analysts consider competitive positioning and sector outlook when evaluating the stock.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why SNA Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Diversified segments
Snap-on Incorporated operates across multiple segments, reducing reliance on any single market and enhancing stability.
Strong margins
The company maintains robust profit margins, indicating efficient operations and pricing power.
Consistent free cash flow
Snap-on generates steady free cash flow, supporting dividends, buybacks, and reinvestment for growth.
Growth in automotive and industrial markets
Expansion in these key sectors drives revenue and long-term growth potential.
Stable cash flow
Reliable cash flow generation underpins financial health and shareholder returns.
Long-term growth potential
The company is well-positioned for sustained growth due to its market positioning and operational strengths.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
SNA Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$387.25
52W Range Position
86%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$301.82
+28.3% from the low
52-Week High
$400.88
-3.4% from the high
1 Month
+6.52%
3 Month
+6.98%
YTD
+10.3%
1 Year
+26.2%
3Y CAGR
+12.4%
5Y CAGR
+12.7%
10Y CAGR
+9.6%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
SNA vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
20.3x
vs 20.1x median
+1% above peer median
Revenue Growth
+2.4%
vs +2.2% median
+7% above peer median
Net Margin
20.0%
vs 7.3% median
+174% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
SNA SNA Snap-on Incorporated | $20.2B | 20.3x | +2.4% | 20.0% | Buy | +7.3% |
SWK SWK Stanley Black & Decker, Inc. | $13.5B | 19.1x | +0.8% | 2.4% | Hold | +2.2% |
KMT KMT Kennametal Inc. | $2.8B | 9.3x | +1.6% | 6.4% | Hold | -1.6% |
ITW ITW Illinois Tool Works Inc. | $76.1B | 23.4x | +2.8% | 19.3% | Hold | +2.7% |
TTC TTC The Toro Company | $8.8B | 20.1x | +2.2% | 7.3% | Hold | +7.7% |
LEC LECO Lincoln Electric Holdings, Inc. | $15.1B | 25.1x | +5.5% | 12.4% | Hold | +10.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
SNA Dividend and Capital Return
SNA returns 3.9% total yield, led by a 2.25% dividend, raised 16 consecutive years. Buybacks add another 1.6%.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
3.9%
Dividend + buyback return per year
Buyback Yield
1.6%
Dividend Yield
2.25%
Payout Ratio
45.5%
How SNA Splits Its Return
Div 2.25%
Buyback 1.6%
Dividend 2.25%Buybacks 1.6%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$8.72
Growth Streak
Consecutive years of dividend increases
16Y
3Y Div CAGR
14.6%
5Y Div CAGR
14.7%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$329M
Estimated Shares Retired
848.5K
Approx. Share Reduction
1.6%
Shares Outstanding
Current diluted share count from the screening snapshot
52M
At 1.6%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $4.88 | — | — | — |
| 2025 | $8.86 | +14.8% | 1.8% | 4.3% |
| 2024 | $7.72 | +14.9% | 1.6% | 3.8% |
| 2023 | $6.72 | +14.3% | 1.9% | 4.2% |
| 2022 | $5.88 | +15.1% | 1.6% | 4.1% |
FAQ
7 questionsSNA Investor Questions
Common questions answered from live analyst data and company financials.
01Is Snap-on Incorporated (SNA) stock a buy or sell in 2026?
Snap-on Incorporated (SNA) is rated Buy by Wall Street analysts as of 2026. Of 17 analysts covering the stock, 11 rate it Buy or Strong Buy, 4 rate it Hold, and 2 rate it Sell or Strong Sell. The consensus 12-month price target is $415, implying +7.3% from the current price of $387. The bear case scenario is $260 and the bull case is $543.
02What is the SNA stock price target for 2026?
The Wall Street consensus price target for SNA is $415 based on 17 analyst estimates. The high-end target is $431 (+11.3% from today), and the low-end target is $395 (+2.0%). The base case model target is $412.
03Is Snap-on Incorporated (SNA) stock overvalued in 2026?
SNA trades at 20.3x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals cheap versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Snap-on Incorporated (SNA) stock in 2026?
The primary risks for SNA in 2026 are: (1) Valuation concerns — Analyst downgrade due to unjustified valuation and muted growth prospects. (2) Growth uncertainty — Potential risks from factors discussed in annual reports, including 'Item 1A: Risk Factors', could affect actual results. (3) Market positioning — Analysts consider competitive positioning and sector outlook when evaluating the stock. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Snap-on Incorporated's revenue and earnings forecast?
Analyst consensus estimates SNA will report consensus revenue of $5.2B (+2.4% year-over-year) and EPS of $20.03 (+3.2% year-over-year) for the upcoming fiscal year. The following year, analysts project $5.3B in revenue.
06When does Snap-on Incorporated (SNA) report its next earnings?
Snap-on Incorporated is expected to report its next earnings on approximately 2026-07-16. Consensus expects EPS of $4.90 and revenue of $1.2B. Over recent quarters, SNA has beaten EPS estimates 92% of the time.
07How much free cash flow does Snap-on Incorporated generate?
Snap-on Incorporated (SNA) generated $1.1B in free cash flow over the trailing twelve months — a free cash flow margin of 21.0%. SNA returns capital to shareholders through dividends (2.3% yield) and share repurchases ($329M TTM).