← Snap-on Inc
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.7b | $3.7b | $3.7b | $3.6b | $3.9b | $4.5b | $4.7b | $4.7b | $4.7b | $5.2b | |
| Revenue, Net (Deprecated 2018-01-31) | $3.7b | — | — | — | — | — | — | — | — | — | |
| Cost of Revenue | $1.9b | ($2.0b) | ($2.0b) | $2.7b | ($1.9b) | ($2.2b) | ($2.5b) | ($2.3b) | $3.4b | ($2.4b) | |
| Cost of goods sold | ($1.9b) | ($2.0b) | ($2.0b) | — | ($1.9b) | ($2.2b) | ($2.5b) | ($2.3b) | — | ($2.4b) | |
| Gross Profit (derived) | $1.8b | $1.9b | $1.8b | $880.5m | $1.7b | $2.1b | $2.3b | $2.4b | $1.3b | $2.4b | |
| Operating Expenses | $1.2b | ($1.2b) | ($1.2b) | — | ($1.2b) | ($1.4b) | ($1.4b) | ($1.5b) | — | ($1.6b) | |
| Operating Income (Loss) | $881.5m | $956.1m | $962.3m | $880.5m | — | $1.2b | $1.3b | $1.3b | $1.3b | — | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $27.6m | $25.3m | $22.3m | $23.4m | — | $28.7m | $27.1m | $25.3m | $22.7m | — | |
| Capitalized Computer Software, Amortization | $14.7m | $13.4m | $10.1m | $10.5m | — | $11.6m | $10.5m | $10.7m | $11.6m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($7.0m) | ($3.9m) | ($3.6m) | ($3.9m) | — | ($7.5m) | ($11.0m) | ($7.4m) | ($3.6m) | — | |
| Gain (Loss) Related to Litigation Settlement | — | $4.3m | $11.6m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $645.5m | $735.4m | $765.3m | $715.9m | — | $1.0b | $1.1b | $1.2b | $1.1b | — | |
| Income (Loss) from Equity Method Investments | $1.2m | $700k | $900k | $300k | — | $0 | $0 | — | — | — | |
| Investment Income, Interest | $300k | $600k | $1.5m | $1.7m | — | $13.0m | $40.2m | $57.0m | $58.8m | — | |
| Operating earnings | $881.5m | $956.1m | $962.3m | — | $880.5m | $1.1b | $1.3b | $1.3b | — | $1.3b | |
| Earnings before income taxes | — | — | — | — | — | $1.2b | $1.3b | $1.4b | — | $1.3b | |
| Net earnings | $572.2m | $696.2m | $711.2m | — | $646.4m | $841.4m | $1.0b | $1.1b | — | $1.0b | |
| Net earnings attributable to noncontrolling interests | ($14.5m) | ($16.3m) | ($17.7m) | — | ($19.4m) | ($20.9m) | ($23.5m) | ($25.0m) | — | ($25.4m) | |
| Net earnings attributable to Snap-on Incorporated | $557.7m | $679.9m | $693.5m | — | $627.0m | $820.5m | $1.0b | $1.0b | — | $1.0b | |
| Basic (in shares) | $57.4m | $56.3m | $55.1m | — | $54.3m | $53.9m | $52.9m | $52.6m | — | $52.1m | |
| Effect of dilutive securities (in shares) | $1.2m | $1.0m | $800k | — | $500k | $1.1m | $1.0m | $900k | — | $900k | |
| Diluted (in shares) | $58.6m | $57.3m | $55.9m | — | $54.8m | $55.0m | $53.9m | $53.5m | — | $53.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | $1.4b | $1.3b | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | $13.3m | $0 | $0 | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $557.7m | $679.9m | $693.5m | $627.0m | — | $911.7m | $1.0b | $1.0b | $1.0b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $14.5m | $16.3m | $17.7m | $19.4m | — | $22.2m | $23.5m | $25.0m | $25.4m | — | |
| Earnings Per Share, Basic | $9.72 | $12.08 | $12.59 | $11.55 | $11.55 | $17.14 | $19.11 | $19.85 | $19.52 | $19.52 | |
| Earnings Per Share, Diluted | $9.52 | $11.87 | $12.41 | $11.44 | $11.44 | $16.82 | $18.76 | $19.51 | $19.19 | $19.19 | |
| Common Stock, Dividends, Per Share, Declared | $2.95 | $3.41 | $3.93 | $4.47 | $11.55 | $5.88 | $6.72 | $7.72 | $8.86 | $19.52 | |
| Weighted Average Number of Shares Outstanding, Basic | 57.4m | 56.3m | 55.1m | 54.3m | — | 53.2m | 52.9m | 52.6m | 52.1m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 58.6m | 57.3m | 55.9m | 54.8m | — | 54.2m | 53.9m | 53.5m | 53.0m | — | |
| Research and Development Expense | $60.9m | $61.2m | $59.1m | $57.4m | — | $60.1m | $64.7m | $67.0m | $72.4m | — | |
| Other Nonoperating Income (Expense) | ($7.2m) | $4.2m | $8.8m | $8.7m | — | $42.5m | $67.5m | $77.0m | $58.7m | — | |
| Marketing and Advertising Expense | $55.7m | $55.6m | $47.7m | $38.0m | — | $39.3m | $44.5m | $47.5m | $56.6m | — | |
| Restructuring and Related Cost, Incurred Cost | $0 | — | — | — | — | — | — | — | — | — | |
| Other income (expense) – net | ($7.2m) | $4.2m | $8.8m | — | $8.7m | $16.5m | $67.5m | $77.0m | — | $58.7m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | $49.6m | $50.5m | — | |
| Interest Expense | $52.4m | $50.4m | $49.0m | $54.0m | ($54.0m) | $47.1m | $49.9m | ($49.6m) | — | ($50.5m) | |
| Current Income Tax Expense (Benefit) | $238.6m | $200.7m | $177.6m | $197.3m | — | $279.0m | $312.1m | $312.4m | $291.1m | — | |
| Income tax expense | ($250.9m) | ($214.4m) | ($211.8m) | — | ($189.1m) | ($247.0m) | ($293.4m) | ($304.2m) | — | ($293.6m) | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | ($3.7m) | ($10.4m) | ($10.6m) | — | ($36.1m) | ($37.6m) | ($26.8m) | ($2.9m) | — | |
| Income Tax Expense (Benefit) | $250.9m | $214.4m | $211.8m | $189.1m | — | $268.7m | $293.4m | $304.2m | $293.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.