# Snap-on Incorporated (SNA)

> Source: Nexqual · https://nexqual.com/SNA · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Snap-on Incorporated (SNA), nexqual.com/SNA" · informational, not investment advice.

**Price:** USD 356.46 (-3.37% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 368.91 · day 328.86–357.92 · 52w 320.8–423.02 · market cap $18.4B · NYQ

## Key facts
- Last four reported quarters (through Jul 4, 2026): revenue $5.27B, net income $1.03B (19.6% margin), free cash flow $1.11B (SEC filings).
- Valuation: P/E 17.8x (avg 17.3x at the last 3 fiscal year-ends), EV/EBITDA 12.5x, net cash $441M.
- 2 of 80 tracked superinvestors hold SNA (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 13 Form 4 filings, $32.3M; 3 not under a Rule 10b5-1 plan ($3.9M); 3 by opportunistic insiders (1 outside 10b5-1 plans), 5 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.45 on a 1–5 scale) (11 analysts), mean target USD 409.11 (range 349–485).
- Total return with dividends: 1Y +5.6% vs S&P 500 +14.9%; 5Y +93.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 4.85, revenue estimate $1.25B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.60B | $4.84B | $5.11B | $5.11B | $5.16B | $5.27B |
| Operating income | $1.12B | $1.21B | $1.31B | $1.35B | $1.33B | $1.34B |
| Net income | $821M | $912M | $1.01B | $1.04B | $1.02B | $1.03B |
| EPS (diluted) | $14.92 | $16.82 | $18.76 | $19.51 | $19.19 | — |
| Free cash flow | $897M | $591M | $1.06B | $1.13B | $1.01B | $1.11B |
| Operating margin | 24.4% | 24.9% | 25.7% | 26.3% | 25.8% | 25.4% |
| Net margin | 17.8% | 18.8% | 19.8% | 20.4% | 19.7% | 19.6% |
| Revenue growth | +16.7% | +5.2% | +5.5% | +0.0% | +0.9% | — |
| Cash + short-term investments | $780M | $757M | $1.00B | $1.36B | $1.62B | — |
| Total debt | $1.18B | $1.18B | $1.18B | $1.20B | $1.20B | — |
Fiscal years end Jan. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 4, 2026)
P/E 17.8x · P/S 3.5x · EV/EBITDA 12.5x · EV/Sales 3.4x · P/FCF 16.6x · P/B 3.0x · FCF yield 6.01% · Earnings yield 5.61% · Dividend yield (paid, TTM) 2.67% · Buyback yield (TTM) 1.92% · Net cash $441M · EV $18.0B
P/E at fiscal year-ends: Jan 2026 19.1x, Dec 2024 17.4x, Dec 2023 15.4x.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold SNA. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| John Rogers | Ariel Investments | 0.12% | $11.6M | Reduced -11.3% |
| Mairs & Power | Mairs & Power Funds | 0.01% | $1.2M | Reduced -3.2% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
10 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-26 | Ozolins Marty V. | Vice President & Controller | 800 | $320K | 34.4% | Yes (adopted May 21, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-18 | Pinchuk Nicholas T | Chairman, President and CEO | 22,889 | $9.1M | 2.6% | Yes (adopted November 3, 2025) | Routine (sold in Mar & Jun & Dec each year 2023–2025; this trade is outside those months) |
| 2026-08-13 | Pagliari Aldo John | Sr VP - Finance & CFO | 5,531 | $2.2M | 4.4% | Yes (adopted November 3, 2025) | Routine (sold in Feb & Dec each year 2023–2025; this trade is outside those months) |
| 2026-08-11 | Lemerand June C | VP & Chief Information Officer | 4,352 | $1.8M | 81.6% | No | Too little history (no open-market trades in 2025) |
| 2026-08-06 | Boyd Iain | VP - Operations Development | 1,878 | $794K | 11.6% | Yes (adopted February 24, 2026) | Too little history (no open-market trades in 2025) |
| 2026-07-28 | Chambers Timothy L | Sr VP & Pres - Tools | 9,111 | $3.8M | 30% | Yes (adopted February 27, 2026) | Too little history (no open-market trades in 2024 or 2025) |
| 2026-07-17 | Chambers Timothy L | Sr VP & Pres - Tools | 389 | $163K | 1.8% | Yes (adopted February 27, 2026) | Too little history (no open-market trades in 2024 or 2025) |
| 2026-07-01 | Miller Richard Thomas | VP, Gen Counsel & Secretary | 2,000 | $812K | 30.6% | Yes (adopted March 11, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-10 | Miller Richard Thomas | VP, Gen Counsel & Secretary | 427 | $166K | 8.6% | Yes (adopted March 11, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-10 | Arregui Jesus | Sr VP & President - Commercial | 4,251 | $1.6M | 48.9% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-04 | Pagliari Aldo John | Sr VP - Finance & CFO | 1,330 | $504K | 1.1% | No | Routine (sold in Feb & Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-14 | Pagliari Aldo John | Sr VP - Finance & CFO | 5,713 | $2.1M | 4.6% | Yes (adopted November 3, 2025) | Routine (sold in Feb & Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-05 | Pinchuk Nicholas T | Chairman, President and CEO | 23,396 | $8.8M | 2.7% | Yes (adopted November 3, 2025) | Routine (sold in Mar & Jun & Dec each year 2023–2025; this trade is outside those months) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.45 on a 1–5 scale), 11 analysts; mean target USD 409.11 (low 349, high 485).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Barclays | Target lowered | Overweight | $450 → $435 |
| 2026-07-31 | Tigress Financial | Target raised | Buy | $445 → $485 |
| 2026-07-24 | Roth Capital | Target raised | Buy | $409 → $461 |
| 2026-07-23 | Roth Capital | Reiterated | Buy | $431 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +5.6% | +93.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +5.6% | +14.0% |
| Volatility (annualized) | 19.1% | 22.4% |
| Max drawdown | -14.5% (Jul 2026→Oct 2026) | -16.9% (Nov 2024→Apr 2025) |

## Peers (Tools & Accessories)
RBC (RBC Bearings Incorporated) USD 478.03 -5.24% · SWK (Stanley Black & Decker, Inc.) USD 98.97 +3.70% · LECO (Lincoln Electric Holdings, Inc.) USD 256.98 -2.34% · TTC (Toro Company (The)) USD 105.32 +1.91% · TKR (Timken Company (The)) USD 108.4 -5.71% · KMT (Kennametal Inc.) USD 29.59 -4.89%

## More
Full page: https://nexqual.com/SNA · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-10-03)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Snap-on Tools Group | $471.5M | 36.8% | -6.8% |
| Repair Systems & Information Group | $454.7M | 35.5% | -2.2% |
| Commercial & Industrial Group | $404.3M | 31.5% | +10.0% |
| Financial Services | $98.6M | 7.7% | -2.5% |
| Total revenue | $1.28B | 100% | — |
The lines above cover 111.4% of total revenue.

## Revenue by product line (quarter ended 2026-10-03)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Product And Services, Excluding Financial Services | $1.18B | 92.3% | -0.6% |
| Financial services revenue | $98.6M | 7.7% | -2.5% |
| Other revenues | $9.4M | 0.7% | +8.0% |
| Total revenue | $1.28B | 100% | — |

## Revenue by region (fiscal year ended 2026-01-03)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| UNITED STATES | $3.64B | 70.5% | -0.2% |
| Europe | $825.5M | 16.0% | +4.0% |
| Other Country | $695.3M | 13.5% | +3.2% |
| Total revenue | $5.16B | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $4.85 | $5.17 | -6.2% | $1.25B | 4 |
| Next quarter (ends 2027-03-31) | $4.97 | $5.04 | -1.3% | $1.25B | 7 |
| Current fiscal year (ends 2026-12-31) | $19.10 | $19.81 | -3.5% | $4.86B | 6 |
| Next fiscal year (ends 2027-12-31) | $20.93 | $21.32 | -1.8% | $5.11B | 11 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 20.0% | ±4.9% |
| 2026-12-18 | 56 | 20.0% | ±6.4% |
| 2027-03-19 | 147 | 21.7% | ±11.1% |
| 2027-06-17 | 237 | 22.4% | ±14.4% |