Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, including aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education. Snap-on also derives income from various financing programs to facilitate the sales of its products and support its franchise business. Products and services are sold through the company's franchisee, company-direct, distributor and internet channels. Founded in 1920, Snap-on is a $3.6 billion, S&P 500 company headquartered in Kenosha, Wisconsin.
Company profile
Ticker
SNA
Exchange
Website
CEO
Nicholas Pinchuk
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
SNAP ON INC, SNAP ON TOOLS CORP
SEC CIK
Corporate docs
Subsidiaries
AutoCrib EMEA GmBH • Bahco Bisov Svenska AB • Bonita IP LLC • BTC Global Limited • BTC Solutions Limited • Car-O-Liner APAC Distribution Center Co., Ltd. • Car-O-Liner B.V. • Car-O-Liner Commercial AB • Car-O-Liner Deutschland GmbH • Car-O-Liner Group AB ...
IRS number
390622040
SNA stock data
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
9 Mar 23
DEF 14A
Definitive proxy
9 Mar 23
10-K
2022 FY
Annual report
9 Feb 23
8-K
Diluted EPS of $4.42 for the quarter increases 7.8% from Q4 2021
2 Feb 23
10-Q
2022 Q3
Quarterly report
20 Oct 22
8-K
Results of Operations and Financial Condition
20 Oct 22
10-Q
2022 Q2
Quarterly report
21 Jul 22
8-K
Results of Operations and Financial Condition
21 Jul 22
SD
Conflict minerals disclosure
27 May 22
8-K
Submission of Matters to a Vote of Security Holders
29 Apr 22
Transcripts
SNA
Earnings call transcript
2022 Q4
2 Feb 23
SNA
Earnings call transcript
2022 Q3
20 Oct 22
SNA
Earnings call transcript
2022 Q2
21 Jul 22
SNA
Earnings call transcript
2022 Q1
21 Apr 22
SNA
Earnings call transcript
2021 Q4
3 Feb 22
SNA
Earnings call transcript
2021 Q3
21 Oct 21
SNA
Earnings call transcript
2021 Q2
22 Jul 21
SNA
Earnings call transcript
2021 Q1
22 Apr 21
SNA
Earnings call transcript
2020 Q4
4 Feb 21
SNA
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Oct 22 | Jul 22 | Apr 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 757.20 mm | 757.20 mm | 757.20 mm | 757.20 mm | 757.20 mm | 757.20 mm |
| Cash burn (monthly) | 700.00 k | 1.90 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 2.11 mm | 5.74 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 755.09 mm | 751.46 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 1078.7 | 395.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
88.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 738 |
| Opened positions | 115 |
| Closed positions | 64 |
| Increased positions | 259 |
| Reduced positions | 236 |
| 13F shares | Current |
|---|---|
| Total value | 10.38 tn |
| Total shares | 46.78 mm |
| Total puts | 41.31 k |
| Total calls | 39.40 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 6.63 mm | $1.51 tn |
| BLK Blackrock | 4.76 mm | $1.09 tn |
| STT State Street | 2.23 mm | $509.83 bn |
| Managed Account Advisors | 1.40 mm | $238.86 mm |
| Geode Capital Management | 1.39 mm | $318.52 bn |
| Charles Schwab Investment Management | 1.27 mm | $289.98 bn |
| JPM JPMorgan Chase & Co. | 1.25 mm | $286.20 bn |
| First Trust Advisors | 1.15 mm | $261.81 bn |
| NTRS Northern Trust | 874.99 k | $199.93 bn |
| Dimensional Fund Advisors | 853.58 k | $195.92 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Mar 23 | Pinchuk Nicholas T | Common Stock | Sell | Dispose S | No | Yes | 238.3792 | 600 | 143.03 k | 676,929.428 |
| 16 Mar 23 | Pinchuk Nicholas T | Common Stock | Sell | Dispose S | No | Yes | 237.2612 | 5,806 | 1.38 mm | 677,529.428 |
| 16 Mar 23 | Pinchuk Nicholas T | Common Stock | Sell | Dispose S | No | Yes | 236.5279 | 8,416 | 1.99 mm | 683,335.428 |
| 16 Mar 23 | Pinchuk Nicholas T | Common Stock | Sell | Dispose S | No | Yes | 235.1695 | 2,724 | 640.60 k | 691,751.428 |
| 16 Mar 23 | Pinchuk Nicholas T | Common Stock | Sell | Dispose S | No | Yes | 234.1422 | 5,254 | 1.23 mm | 694,475.428 |
| 16 Mar 23 | Pinchuk Nicholas T | Common Stock | Option exercise | Acquire M | No | Yes | 109.43 | 32,500 | 3.56 mm | 699,729.428 |
| 16 Mar 23 | Pinchuk Nicholas T | Stock Option Common Stock | Option exercise | Dispose M | No | Yes | 109.43 | 32,500 | 3.56 mm | 97,500 |
| 8 Mar 23 | Karen L Daniel | Common Stock | Sell | Dispose S | No | No | 245.3845 | 2,046 | 502.06 k | 8,028 |
| 3 Mar 23 | June C Lemerand | Common Stock | Sell | Dispose S | No | No | 249.0737 | 2,120 | 528.04 k | 1,915.332 |
| 3 Mar 23 | June C Lemerand | Common Stock | Option exercise | Acquire M | No | No | 155.34 | 500 | 77.67 k | 4,035.332 |
News
Tigress Financial Reiterates Buy on Snap-on, Raises Price Target to $302
2 Mar 23
Snap-on's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
17 Feb 23
Year Of Volatility: Stocks Exposed To Russia-Ukraine War See Big Gains/Losses
7 Feb 23
Snap-on Q4 EPS $4.42 Beats $4.20 Estimate, Sales $1.16B Beat $1.15B Estimate
2 Feb 23
Snap-on's Debt Overview
1 Feb 23
Press releases
Automotive Diagnostic Scan Tools Market to Hit US$ 50.12 Billion by 2028, with a CAGR of 5.98% – Exclusive Report by IMARC Group
13 Mar 23
Snap-on to Present at BofA Securities 2023 Consumer & Retail Conference
6 Mar 23
Snap-on Incorporated Declares Quarterly Dividend
9 Feb 23
Snap-on Announces Fourth Quarter and Full Year 2022 Results
2 Feb 23
Snap-on Incorporated to Webcast 2022 Fourth Quarter and Full Year Results Conference Call
19 Jan 23