Snap-on Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 91.02
Dividend & Yield6.48$ (2.62%)
Beta 1.12
Market capitalization 13.28B
Operating cash flow 675.2M
ESG Scores 30.8

Company description

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company provides hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other related products; power tools, such as cordless, pneumatic, and hydraulic and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics; and engineered solutions. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, infrastructure construction, government and military, mining, natural resources, power generation, and technical education industries Snap-on Incorporated was founded in 1920 and is headquartered in Kenosha, Wisconsin.

Sector: Industrials - Industry: Tools & Accessories

Financial data

Financial Statements

Cashflow Statement 2019-12-28 2021-01-02 2022-01-01 2022-12-31
Change To Liabilities -2.6M 17.8M 56.8M 17.7M
Total Cashflows From Investing Activities -222.1M -187.8M -290.4M -206.2M
Net Borrowings 17.6M 302.7M -246.7M 1.6M
Total Cash From Financing Activities -409.4M -84.3M -818.8M -485M
Change To Operating Activities -119.9M 104.1M 3.6M -47.8M
Issuance Of Stock 51.4M 55.8M 162.4M 55M
Net Income 693.5M 627M 820.5M 911.7M
Change In Cash 43.6M 738.9M -143.4M -22.8M
Effect Of Exchange Rate 500k 2.4M -800k -6.8M
Total Cash From Operating Activities 674.6M 1.01B 966.6M 675.2M
Depreciation 82.3M 86.2M 93.4M 88.6M
Change To Account Receivables -36.6M 18M -64.5M -131.8M
Other Cashflows From Financing Activities -23.4M -25.2M -27.4M -30.4M
Change To Netincome 144.8M 110.8M 120.8M 97.3M
Capital Expenditures -99.4M -65.6M -70.1M -84.2M

Income Statement 2019-12-28 2021-01-02 2022-01-01 2022-12-31
Research Development
Income Before Tax 923M 835.5M 1.09B 1.2B
Net Income 693.5M 627M 820.5M 911.7M
Selling General Administrative 1.12B 1.11B 1.24B 1.2B
Gross Profit 2.09B 2B 2.38B 2.45B
Ebit 972.4M 891.1M 1.14B 1.24B
Operating Income 972.4M 891.1M 1.14B 1.24B
Interest Expense -48.8M -53.8M -53M -47.1M
Income Tax Expense 211.8M 189.1M 247M 268.7M
Total Revenue 4.07B 3.94B 4.6B 4.84B
Cost Of Revenue 1.98B 1.95B 2.22B 2.4B
Total Other Income ExpenseNet -49.4M -55.6M -50.3M -40.9M
Net Income From Continuing Ops 711.2M 646.4M 841.4M 933.9M
Net Income Applicable To Common Shares 693.5M 627M 820.5M 911.7M

Balance Sheet Statement 2019-12-28 2021-01-02 2022-01-01 2022-12-31
Total Liabilities 2.26B 2.71B 2.56B 2.47B
Total Stockholder Equity 3.41B 3.82B 4.18B 4.48B
Other Current Liabilities 215.4M 248.7M 235.3M 235.3M
Total Assets 5.69B 6.56B 6.76B 6.97B
Common Stock 67.4M 67.4M 67.4M 67.4M
Other Current Assets 18.7M 25.7M 25.7M 33.3M
Retained Earnings 4.78B 5.16B 5.7B 6.3B
Treasury Stock -1.82B -1.79B -2.06B -2.38B
Cash 184.4M 923.2M 779.9M 757.1M
Total Current Liabilities 947.6M 1.16B 982.2M 971.6M
Other Stockholder Equity -507.9M -365.8M -343.9M -528.3M
Property, Plant, and Equipment 572.7M 574.1M 566.5M 570.8M
Total Current Assets 2.38B 3.08B 3.05B 3.37B
Net Tangible Assets 2.25B 2.58B 2.76B 3.16B
Net Receivables 700.3M 646.7M 688.1M 767M
Accounts Payable 197.3M 222.3M 276.6M 285.8M


Insider Transactions

Here are the insider transactions of stock shares related to Snap-on Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
LEHMAN WILLIAM DUDLEYSale at price 248.24 per share.D2023-02-10Director363
STEBBINS DONALD J.Stock Award(Grant) at price 0.00 per share.D2023-02-09Director640
KNUEPPEL HENRY WStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
GILLIS RUTH ANN MStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
JONES NATHAN JStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
HOLDEN JAMES PStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
PINCHUK NICHOLAS TD2023-02-09Chief Executive Officer15.19k
LEHMAN WILLIAM DUDLEYStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
SHERRILL GREGG MStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
WARD THOMAS JD2023-02-09Officer4.46k
ADAMS DAVID CHARLESStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
DANIEL KAREN LStock Award(Grant) at price 0.00 per share.D2023-02-09Director640
BOYD IAIND2023-02-09Officer1.84k
PAGLIARI ALDO JOHNSale at price 250.23 - 253.70 per share.D2023-02-09Chief Financial Officer7.03k
PAGLIARI ALDO JOHNConversion of Exercise of derivative security at price 109.43 per share.D2023-02-09Chief Financial Officer14.3k
BANERJEE ANUP RANJAND2023-02-09Officer3.7k
LEMERAND JUNE CD2023-02-09Chief Technology Officer736
MILLER RICHARD THOMASD2023-02-09General Counsel666
CHAMBERS TIMOTHY L.D2023-02-09Officer2.53k
SAEZ JESUS MARIA ARREGUID2023-02-09Officer2.53k
BOYD IAINSale at price 259.01 - 259.08 per share.D2023-02-03Officer15.9k
BOYD IAINConversion of Exercise of derivative security at price 155.34 - 155.92 per share.D2023-02-03Officer15.9k
CHAMBERS TIMOTHY L.Sale at price 259.00 - 259.08 per share.D2023-02-03Officer7k
CHAMBERS TIMOTHY L.Conversion of Exercise of derivative security at price 109.43 per share.D2023-02-03Officer7k
WARD THOMAS JSale at price 255.13 - 258.64 per share.D2023-02-02Officer45.81k
WARD THOMAS JConversion of Exercise of derivative security at price 155.34 - 161.18 per share.D2023-02-02Officer45.81k
MILLER RICHARD THOMASSale at price 254.69 per share.D2023-02-02General Counsel2k
MILLER RICHARD THOMASConversion of Exercise of derivative security at price 144.69 per share.D2023-02-02General Counsel2k
HOLDEN JAMES PStock Award(Grant) at price 248.73 per share.D2023-01-31Director50
PAGLIARI ALDO JOHNSale at price 235.24 - 240.07 per share.D2022-12-13Chief Financial Officer8.09k
PAGLIARI ALDO JOHNConversion of Exercise of derivative security at price 79.04 per share.D2022-12-13Chief Financial Officer12.5k
WARD THOMAS JStock Gift at price 0.00 per share.D2022-12-08Officer422
BANERJEE ANUP RANJANSale at price 240.86 per share.D2022-12-01Officer5k
BANERJEE ANUP RANJANConversion of Exercise of derivative security at price 155.92 per share.D2022-12-01Officer5k
BOYD IAINSale at price 238.61 per share.D2022-11-22Officer3.5k
BOYD IAINConversion of Exercise of derivative security at price 144.69 per share.D2022-11-22Officer3.5k
PINCHUK NICHOLAS TSale at price 233.13 - 235.81 per share.D2022-11-16Chief Executive Officer31.58k
PINCHUK NICHOLAS TConversion of Exercise of derivative security at price 79.04 per share.D2022-11-16Chief Executive Officer50k
HOLDEN JAMES PStock Award(Grant) at price 222.05 per share.D2022-10-31Director56
PAGLIARI ALDO JOHNSale at price 220.04 per share.D2022-09-13Chief Financial Officer6.61k
PAGLIARI ALDO JOHNConversion of Exercise of derivative security at price 79.04 per share.D2022-09-13Chief Financial Officer10k
CHAMBERS TIMOTHY L.Conversion of Exercise of derivative security at price 79.04 per share.D2022-08-16Officer6.5k
PINCHUK NICHOLAS TSale at price 227.31 - 229.91 per share.D2022-08-11Chief Executive Officer31.79k
PINCHUK NICHOLAS TConversion of Exercise of derivative security at price 79.04 per share.D2022-08-11Chief Executive Officer50k
SAEZ JESUS MARIA ARREGUISale at price 223.31 per share.D2022-08-05Officer488
SAEZ JESUS MARIA ARREGUIConversion of Exercise of derivative security at price 79.04 per share.D2022-08-05Officer1.6k
HOLDEN JAMES PStock Award(Grant) at price 224.05 per share.D2022-07-29Director55
PINCHUK NICHOLAS TSale at price 215.29 - 223.21 per share.D2022-06-01Chief Executive Officer19.39k
PINCHUK NICHOLAS TConversion of Exercise of derivative security at price 79.04 per share.D2022-06-01Chief Executive Officer30k
HOLDEN JAMES PStock Award(Grant) at price 212.49 per share.D2022-04-29Director141
LEHMAN WILLIAM DUDLEYSale at price 212.05 per share.D2022-02-11Director381

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Snap-on Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Snap-on Inc

Here is the result of two systematic investment strategies applied to Snap-on Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Snap-on Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Snap-on Inc:

Snap-on Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 29.78% on the backtest period.

Performance at glance

Performance

29.78 %

Latent gain

689.4 $

Invested capital

2314.86 $

Annualized return

7.19 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Snap-on Inc

This is the result of two momentum investment strategies applied to Snap-on Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Snap-on Inc

The following chart shows all the entries opened by the momentum investment system on Snap-on Inc:

Snap-on Inc momentum entries
  • The first momentum investment strategy would give 37.6% of return on Snap-on Inc. That represents 1524.44$ of latent gain with 4054.9$ of employed capital.
  • The second momentum investment strategy would give 41.94% of return on Snap-on Inc. That represents 1331.5$ of latent gain with 3174.89$ of employed capital.
Performance at glance (1Q Momentum)

Performance

37.6 %

Latent gain

1524.44 $

Invested capital

4054.9 $

Annualized return

12.82 %
Performance at glance (2Q Momentum)

Performance

41.94 %

Latent gain

1331.5 $

Invested capital

3174.89 $

Annualized return

11.46 %

Momentum equity curve on Snap-on Inc

The following chart shows the equity curve of the two momentum strategies applied to Snap-on Inc:

Snap-on Inc momentum equity

Note: the dividends potentially given by Snap-on Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Snap-on Inc

The following chart shows the employed capital evolution of the two momentum strategies on Snap-on Inc since the beginning:

Snap-on Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Snap-on Inc

Buy the dip entry openings on Snap-on Inc

Snap-on Inc

The performance achieved by the robo-advisor on Snap-on Inc is 27.44%. That represents 369.65$ of latent gain with 1347.07$ of employed capital. The following chart shows Snap-on Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Snap-on Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

27.44 %

Latent gain

369.65 $

Invested capital

1347.07 $

Annualized return

12.82 %

Equity curve of the strategy applied to Snap-on Inc

The following chart shows the result of the investment strategy applied to Snap-on Inc:

Snap-on Inc

Note: the dividends potentially given by Snap-on Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Snap-on Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Snap-on Inc:

Snap-on Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Snap-on Inc

In this section, I will compare the three previous investment strategies applied to Snap-on Inc.

Equity curve comparison on Snap-on Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Snap-on Inc investment strategy comparison

Employed capital comparison on Snap-on Inc

Snap-on Inc investment comparison

Performance comparison on Snap-on Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 29.78% 689.4$ 2314.86$ 7.19%
Momentum 1 quarter 37.6% 1524.44$ 4054.9$ 9.64%
Momentum 2 quarters 41.94% 1331.5$ 3174.89$ 11.46%
Non-directional 27.44% 369.65$ 1347.07$ 12.82%
Annualized return comparison

Automatic investment

7.19 %

Momentum 1Q

11.46 %

Momentum 2Q

11.46 %

Non-directional

12.82 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Snap-on Inc:

Positive correlations

Most correlated stocks this year

  • Snap-on Inc

  • Most correlated stocks last 3 months

  • Stanley Black & Decker Inc - Unit
  • Forrester Research Inc
  • First Bancorp Inc (ME)
  • WYNNSTAY GROUP PLC ORD 25P
  • L.B. Foster Co. - Class A
  • Diamond Hill Investment Group Inc - Class A
  • Resolute Forest Products Inc
  • Universal Insurance Holdings Inc
  • Tupperware Brands Corporation
  • WestRock Company
  • Standard Motor Products Inc
  • Arrow Financial Corp
  • Luther Burbank Corp
  • Insteel Industries Inc
  • Matthews International Corp - Class A
  • Stanley Black & Decker Inc
  • First Foundation Inc
  • Verizon Communications Inc
  • Freeport-McMoRan Inc
  • Crocs Inc
  • Oppenheimer Holdings Inc - Class A
  • Topgolf Callaway Brands Corp
  • Core Laboratories N.V.
  • Global X SuperDividend ETF
  • Universal Stainless & Alloy Products Inc
  • Snap-on Inc
  • INVESCO INTERNATIONAL BUYBACK ACHIEVERS ETF
  • UMH Properties Inc
  • IShares MSCI Emerging Markets ex China ETF
  • Capri Holdings Ltd
  • Hasbro Inc
  • iShares MSCI Ireland ETF
  • Franklin Electric Co. Inc
  • Universal Corp
  • Curtiss-Wright Corp
  • WEIR GROUP PLC ORD 12.5P
  • Lincoln Electric Holdings Inc
  • Autoliv Inc
  • LyondellBasell Industries NV - Class A
  • Emerson Electric Company
  • JELD-WEN Holding Inc
  • Encore Wire Corp
  • DXP Enterprises Inc
  • First Bancorp PR
  • Forward Air Corp
  • Mosaic Company
  • Mueller Industries Inc
  • Invesco S&P SmallCap Materials ETF
  • Invesco S&P 500 Equal Weight Materials ETF
  • Invesco S&P SmallCap 600 Pure Value ETF
  • Scansource Inc
  • ITT Inc
  • Robert Half International Inc
  • Avient Corp
  • Whirlpool Corp
  • J.B. Hunt Transport Services Inc
  • MACOM Technology Solutions Holdings Inc
  • Paccar Inc
  • TE Connectivity Ltd
  • Donaldson Co. Inc
  • Oxford Industries Inc
  • Sensient Technologies Corp
  • Sierra Bancorp
  • Trico Bancshares
  • O-I Glass Inc
  • Ingevity Corp
  • Invesco S&P SmallCap Information Technology ETF
  • Kaman Corp
  • PPG Industries Inc
  • Flowserve Corp
  • VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WT
  • First Trust RiverFront Dynamic Developed Internati
  • Vanguard International High Dividend Yield ETF
  • VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF
  • Schwab International Equity ETF
  • SPDR Portfolio Developed World ex-US ETF
  • Crane Holdings Company
  • AGCO Corp
  • Marriott International Inc - Class A
  • Sonoco Products Company
  • iShares Trust iShares ESG Aware MSCI EAFE ETF
  • Vishay Precision Group Inc
  • Barrett Business Services Inc
  • Summit Materials Inc - Class A
  • Clearfield Inc
  • Minerals Technologies Inc
  • American Vanguard Corp
  • Trimas Corporation
  • Innospec Inc
  • Myers Industries Inc
  • Acuity Brands Inc
  • Miller Industries Inc
  • Canadian National Railway Company
  • Hibbett Inc
  • Fortive Corp
  • Genpact Ltd
  • Arlo Technologies Inc
  • ISHARES INDIA 50 ETF
  • Woori Financial Group Inc
  • Shinhan Financial Group Co. Ltd
  • DZS Inc
  • iMedia Brands Inc - Class A
  • Rush Enterprises Inc - Class A
  • Rush Enterprises Inc - Class B
  • JAGUAR MINING INC
  • H.B. Fuller Company
  • CRH Plc
  • H&E Equipment Services Inc
  • Fabrinet
  • Gap Inc
  • Invesco RAFI Strategic Developed ex-US ETF
  • Rigel Pharmaceuticals
  • Pediatrix Medical Group Inc
  • Liberty TripAdvisor Holdings Inc - Series A
  • Almaden Minerals Ltd
  • Equitrans Midstream Corporation
  • Graham Holdings Co. - Class B
  • POSCO Holdings Inc
  • Valvoline Inc
  • Deere & Company
  • Radware
  • CGI Inc - Class A
  • Titan Machinery Inc
  • Maximus Inc
  • 3M Company
  • Leggett & Platt Inc
  • Union Pacific Corp
  • Armada Hoffler Properties Inc
  • Cactus Inc - Class A
  • Hudbay Minerals Inc
  • Mettler-Toledo International Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Snap-on Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Snap-on Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Snap-on Inc
    Country United States
    City Kenosha
    Address 2801 80th Street
    Phone 262 656 5200
    Website www.snapon.com
    FullTime employees 12900
    Industry Tools & Accessories
    Sector Industrials
    Exchange XNYS
    Ticker SNA
    Market www.nyse.com

    Snap-on Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 9.3
    Peer Environment Performance 7.1729545454545
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing no

    Social scores

    Social ESG Factors Scores
    Social Score 13.9
    Peer Social Performance 11.362727272727
    Social Percentile unknown
    Highest Controversy 1
    Peer Highest Controversy Performance 1.3636363636364
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic no
    Controversial Weapons no
    Small Arms no
    Military Contract no
    Peer Count yes

    Related Controversy: Customer IncidentsGovernance Incidents


    Governance scores

    Governance ESG Factors Scores
    Governance Score 7.6
    Peer Governance Performance 7.2618181818182
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 30.8
    Environment Score: 9.3
    Social Score: 13.9
    Governance Score: 7.6

    ESG Performance: OUT_PERF

    Peer Group: Machinery

    Peer Esg Score Performance: 25.7975

    Rating Year: 2023

    Rating Month: 1

    Max Age: 86400

    Percentile: 68