Snap-on Incorporated (SNA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.21B | 1.34B | 1.29B | 1.28B | 1.24B | 1.3B | 1.25B | 1.28B | 1.18B | 1.2B | 1.16B | 1.19B | 1.18B | 1.16B | 1.1B | 1.14B | 1.1B | 1.11B | 1.04B | 1.08B |
| Revenue Growth % | -2.9% | 3.13% | 3.57% | 0.09% | 5.15% | 8.57% | 7.6% | 7.44% | -0.06% | 3.52% | 5.15% | 4.81% | 7.76% | 4.29% | 6.24% | 5.1% | 7.14% | 3.16% | 10.21% | 33.69% |
| Cost of Goods Sold | 598.9M | 660M | 617.1M | 617.4M | 594.4M | 636.4M | 587.9M | 612.4M | 585.6M | 619M | 581.1M | 587.6M | 593.4M | 595.2M | 569.9M | 583.1M | 563.5M | 574.9M | 517M | 538.3M |
| COGS % of Revenue | 49.61% | 49.26% | 47.77% | 48.19% | 47.81% | 48.98% | 47.13% | 47.85% | 49.53% | 51.73% | 50.13% | 49.32% | 50.16% | 51.49% | 51.69% | 51.3% | 51.33% | 51.87% | 49.82% | 49.78% |
| Gross Profit | 608.3M | 679.9M | 674.8M | 663.7M | 648.8M | 662.8M | 659.5M | 667.5M | 596.7M | 577.6M | 578.2M | 603.7M | 589.6M | 560.7M | 532.6M | 553.5M | 534.3M | 533.4M | 520.7M | 543.1M |
| Gross Margin % | 50.39% | 50.74% | 52.23% | 51.81% | 52.19% | 51.02% | 52.87% | 52.15% | 50.47% | 48.27% | 49.87% | 50.68% | 49.84% | 48.51% | 48.31% | 48.7% | 48.67% | 48.13% | 50.18% | 50.22% |
| Gross Profit Growth % | -6.24% | 2.58% | 2.32% | -0.57% | 8.73% | 14.75% | 14.06% | 10.57% | 1.2% | 3.01% | 8.56% | 9.07% | 10.35% | 5.12% | 2.29% | 1.91% | 4.03% | 3.33% | 10.91% | 35.5% |
| Operating Expenses | 357.5M | 340.3M | 327.4M | 336.4M | 335.4M | 330.9M | 335.4M | 317M | 257.5M | 251.8M | 263.6M | 259.8M | 263.5M | 248.8M | 242.7M | 241.6M | 240.8M | 234M | 248.8M | 257.1M |
| OpEx % of Revenue | 29.61% | 25.4% | 25.34% | 26.26% | 26.98% | 25.47% | 26.89% | 24.77% | 21.78% | 21.04% | 22.74% | 21.81% | 22.27% | 21.52% | 22.01% | 21.26% | 21.93% | 21.11% | 23.98% | 23.77% |
| Selling, General & Admin | 0 | 340.3M | 327.4M | 0 | 0 | 0 | 0 | 0 | -7M | 0 | 0 | 0 | -9.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | - | 25.4% | 25.34% | - | - | - | - | - | -0.59% | - | - | - | -0.81% | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 250.8M | 339.6M | 347.4M | 327.3M | 313.4M | 331.9M | 324.1M | 350.5M | 339.2M | 325.8M | 314.6M | 343.9M | 326.1M | 311.9M | 289.9M | 311.9M | 293.5M | 299.4M | 271.9M | 286M |
| Operating Margin % | 20.78% | 25.35% | 26.89% | 25.55% | 25.21% | 25.55% | 25.98% | 27.38% | 28.69% | 27.23% | 27.14% | 28.87% | 27.57% | 26.98% | 26.29% | 27.44% | 26.74% | 27.01% | 26.2% | 26.45% |
| Operating Income Growth % | -19.97% | 2.32% | 7.19% | -6.62% | -7.61% | 1.87% | 3.02% | 1.92% | 4.02% | 4.46% | 8.52% | 10.26% | 11.11% | 4.17% | 6.62% | 9.06% | 10.26% | 4.8% | 8.2% | 87.3% |
| EBITDA | 335.6M | 359.7M | 377.4M | 351.7M | 337.4M | 356.2M | 348.7M | 375.1M | 363.7M | 350.8M | 339.2M | 368.7M | 351M | 336.6M | 314.3M | 337.3M | 319.2M | 329.1M | 296.8M | 311.5M |
| EBITDA Margin % | 27.8% | 26.85% | 29.21% | 27.45% | 27.14% | 27.42% | 27.95% | 29.31% | 30.76% | 29.32% | 29.26% | 30.95% | 29.67% | 29.12% | 28.51% | 29.68% | 29.08% | 29.69% | 28.6% | 28.81% |
| EBITDA Growth % | -0.53% | 0.98% | 8.23% | -6.24% | -7.23% | 1.54% | 2.8% | 1.74% | 3.62% | 4.22% | 7.92% | 9.31% | 9.96% | 2.28% | 5.9% | 8.28% | 9.73% | 5.85% | 7.85% | 76.49% |
| D&A (Non-Cash Add-back) | 0 | 20.1M | 30M | 24.4M | 24M | 24.3M | 24.6M | 24.6M | 24.5M | 25M | 24.6M | 24.8M | 24.9M | 24.7M | 24.4M | 25.4M | 25.7M | 29.7M | 24.9M | 25.5M |
| EBIT | 335.6M | 355.3M | 361.7M | 341.6M | 327.8M | 351.5M | 344.7M | 369.2M | 357.3M | 343.3M | 332.6M | 360.7M | 341.3M | 323.7M | 303M | 321.2M | 301.8M | 304.5M | 275.6M | 289.4M |
| Net Interest Income | -12.4M | 1.9M | 2.2M | 1.8M | 1.5M | 2.4M | 2.7M | 1.9M | 400K | -1.5M | -1.9M | -3.1M | -4.8M | -5.7M | -7.6M | -10.5M | -11.5M | -10.4M | -13.2M | -14.3M |
| Interest Income | 0 | 15.8M | 15M | 14.1M | 13.9M | 14.7M | 15.2M | 14.2M | 12.9M | 11.4M | 10.9M | 9.9M | 8M | 6.3M | 4.6M | 1.6M | 500K | 900K | 0 | 0 |
| Interest Expense | 12.4M | 13.9M | 12.8M | 12.3M | 12.4M | 12.3M | 12.5M | 12.3M | 12.5M | 12.9M | 12.8M | 13M | 12.8M | 12M | 12.2M | 12.1M | 12M | 11.3M | 13.2M | 14.3M |
| Other Income/Expense | 72.4M | 2.3M | 1.9M | 2M | 2M | 7.3M | 8.1M | 6.4M | 5.6M | 5M | 5.6M | 4.2M | 2.8M | -200K | 1.3M | -2.4M | -3.3M | -6.2M | -9.5M | -9.9M |
| Pretax Income | 323.2M | 341.9M | 349.3M | 329.3M | 315.4M | 339.2M | 332.2M | 356.9M | 344.8M | 330.8M | 320.2M | 348.1M | 328.9M | 311.7M | 291.2M | 309.5M | 290.2M | 293.2M | 262.4M | 276.1M |
| Pretax Margin % | 26.77% | 25.52% | 27.04% | 25.7% | 25.37% | 26.11% | 26.63% | 27.88% | 29.16% | 27.64% | 27.62% | 29.22% | 27.8% | 26.97% | 26.41% | 27.23% | 26.43% | 26.45% | 25.29% | 25.53% |
| Income Tax | 69.7M | 74.9M | 77.5M | 72.5M | 68.7M | 75M | 74.7M | 79.3M | 75.2M | 69.5M | 71.1M | 78.2M | 74.6M | 67.2M | 61.7M | 72.3M | 67.5M | 64.1M | 60.9M | 62.9M |
| Effective Tax Rate % | 21.57% | 21.91% | 22.19% | 22.02% | 21.78% | 22.11% | 22.49% | 22.22% | 21.81% | 21.01% | 22.2% | 22.46% | 22.68% | 21.56% | 21.19% | 23.36% | 23.26% | 21.86% | 23.21% | 22.78% |
| Net Income | 247M | 260.7M | 265.4M | 250.3M | 240.5M | 258.1M | 251.1M | 271.2M | 263.5M | 255.3M | 243.1M | 264M | 248.7M | 238.9M | 223.9M | 231.5M | 217.4M | 223.7M | 196.2M | 208M |
| Net Margin % | 20.46% | 19.46% | 20.54% | 19.54% | 19.35% | 19.87% | 20.13% | 21.19% | 22.29% | 21.34% | 20.97% | 22.16% | 21.02% | 20.67% | 20.31% | 20.37% | 19.8% | 20.18% | 18.91% | 19.23% |
| Net Income Growth % | 2.7% | 1.01% | 5.69% | -7.71% | -8.73% | 1.1% | 3.29% | 2.73% | 5.95% | 6.86% | 8.58% | 14.04% | 14.4% | 6.79% | 14.12% | 11.3% | 12.88% | 7.08% | 9.18% | 105.53% |
| Net Income (Continuing) | 253.5M | 267M | 271.8M | 256.8M | 246.7M | 264.2M | 257.5M | 277.6M | 269.6M | 261.3M | 249.1M | 269.9M | 254.3M | 244.5M | 229.5M | 237.2M | 222.7M | 229.1M | 201.5M | 213.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 25M | 25M | 24.8M | 24M | 23.3M | 22.9M | 22.7M | 22.6M | 22.3M | 22.1M | 22.2M | 22.2M | 22.2M | 22.2M | 22.3M | 22.4M | 22.3M | 21.9M | 22M | 22.1M |
| EPS (Diluted) | 4.69 | 4.94 | 5.01 | 4.72 | 4.51 | 4.82 | 4.70 | 5.07 | 4.91 | 4.75 | 4.51 | 4.89 | 4.60 | 4.42 | 4.14 | 4.27 | 4.00 | 4.10 | 3.57 | 3.76 |
| EPS Growth % | 3.99% | 2.49% | 6.6% | -6.9% | -8.15% | 1.47% | 4.21% | 3.68% | 6.74% | 7.47% | 8.94% | 14.52% | 15% | 7.8% | 15.97% | 13.56% | 14.29% | 7.33% | 8.84% | 103.24% |
| EPS (Basic) | 4.76 | 5.02 | 5.10 | 4.80 | 4.59 | 4.91 | 4.77 | 5.15 | 5.00 | 4.84 | 4.60 | 4.99 | 4.69 | 4.50 | 4.21 | 4.34 | 4.07 | 4.18 | 3.65 | 3.85 |
| Diluted Shares Outstanding | 52.7M | 52.8M | 53.1M | 53M | 53.3M | 53.5M | 53.4M | 53.5M | 53.67M | 53.8M | 53.9M | 54.01M | 54.06M | 54.1M | 54.1M | 54.24M | 54.31M | 54.5M | 54.9M | 55.31M |
| Basic Shares Outstanding | 51.9M | 51.9M | 52.2M | 52.2M | 52.4M | 52.6M | 52.6M | 52.66M | 52.74M | 52.7M | 52.82M | 52.96M | 53.02M | 53.1M | 53.2M | 53.31M | 53.4M | 53.5M | 53.8M | 54.05M |
| Dividend Payout Ratio | 51.34% | 128.69% | 42.01% | 44.67% | 46.65% | 43.51% | 38.99% | 36.14% | 37.27% | 38.39% | 35.21% | 32.54% | 34.62% | 36% | 33.81% | 32.7% | 34.82% | 34.02% | 33.79% | 32.07% |