Industrials · Industrial Machinery & Supplies & Components · US stock · price as of 22 Oct 2026
Key indicators
Price
$356.46
52-week range
$320.80 – $423.02
Market cap
$18.7B
P/E (trailing)
18.2×
EV / EBITDA
13.4×
Free-cash-flow yield
6.3%
Dividend yield
2.7%
Revenue (last 12 months)
$5.3B
Revenue growth (3y a year)
2.1%
Operating margin
25.4%
Return on invested capital
19.4%
Net debt / EBITDA
-0.5×
Fair value
Fair value (average of valid models)$387.78 middle half of models $359 – $387
Versus priceFair+9% to fair value
P/E multiple
$347.20
P/B multiple
$351.82
P/S multiple
$352.53
EV/EBITDA multiple
$370.64
EV/EBIT multiple
$377.19
EV/revenue multiple
$368.59
10-year DCF, EBITDA exit
$393.63
5-year DCF, EBITDA exit
$380.83
10-year DCF, revenue exit
$392.71
5-year DCF, revenue exit
$381.16
10-year DCF, growth exit
$380.70
5-year DCF, growth exit
$365.08
Dividend discount, stable
$352.19
Dividend discount, multi-stage
$538.27
Earnings power value
$464.19
Model uncertainty
Medium
X-Ray Score
66/ 100 · Medium confidence · ahead of 94% of sector peers
Valuation83
Growth34
Profitability65
Financial health71
Dividends82
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Snap-on designs, makes and sells professional-grade tools, diagnostic equipment and repair information systems for vehicle technicians and other skilled trades. Many products are sold through a network of franchisees who drive vans to workshops and supply mechanics directly, while others go to industrial, aviation and repair-shop customers. The company earns money from product sales and from financing offered to customers who purchase tools on credit.
Shareholders receive a dividend, yielding 2.7%. Looking at the numbers, trailing revenue is $5.3 billion, and it grew 2.1% a year over the past three years. Operating margin is 25.4%, while return on invested capital is 19%. Net debt to EBITDA is -0.5 times, which means cash exceeds debt.
StocksXray gives Snap-on Inc an X-Ray Score of 66 out of 100 (medium confidence), ahead of 94% of the S&P 500 stocks in its sector. Its strongest lens is valuation (83) and its weakest is growth (34).
Our fair value (the average of the valid models) is $387.78 (range $358.80 to $386.93). At $356.46 the stock trades 8% below that value, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Snap-on Inc (SNA)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2022
FY2022
FY2023
FY2024
FY2026
Now
Price
$190.15
$207.09
$268.61
$328.03
$344.23
$356.46
Market cap
$10.5B
$11.2B
$14.5B
$17.5B
$18.2B
$18.7B
P/E
12.7×
12.3×
14.3×
16.8×
17.9×
18.2×
EV / revenue
2.4×
2.4×
2.9×
3.4×
3.5×
3.4×
EV / EBITDA
8.9×
8.9×
10.4×
12.1×
12.5×
13.4×
Price / free cash flow
10.8×
16.6×
12.5×
14.4×
16.9×
15.8×
Free-cash-flow yield
9.2%
6.0%
8.0%
6.9%
5.9%
6.3%
Price / book
2.5×
2.5×
2.9×
3.3×
3.1×
3.1×
Dividend yield
2.69%
2.84%
2.50%
2.35%
2.57%
2.74%
Fundamentals checklist ● 6 Good · ● 5 Average · ● 2 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−1.8%Bad
Risk models
Altman Z score9.1×Good
Piotroski F-Score6 of 9Average
Growth
EPS growth (3y)4.5%Average
Revenue growth (3y)2.1%Bad
Growth consistency70%Average
Balance sheet
Current ratio3.4×Good
Net debt / EBITDA-0.5×Good
Interest cover26.6×Average
Valuation
Fair value vs price1.1×Good
EBIT / EV yield7.4%Good
Profitability
Return on invested capital19.4%Average
Operating margin25.4%Good
XStocksXray
Snap-on Inc (SNA)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY22
FY22
FY23
FY24
FY26
LTM
Revenue
4,602
4,843
5,108
5,108
5,156
5,275
Gross profit
–
–
–
–
–
–
Operating income
1,124
1,207
1,310
1,346
1,328
1,342
Net income
821
912
1,011
1,044
1,017
1,034
Diluted EPS ($)
14.92
16.82
18.76
19.51
19.19
19.59
Free cash flow
967
675
1,154
1,218
1,082
1,186
Gross margin
–
–
–
–
–
–
Operating margin
24.4%
24.9%
25.7%
26.3%
25.8%
25.4%
Net margin
17.8%
18.8%
19.8%
20.4%
19.7%
19.6%
Balance sheet
FY22
FY22
FY23
FY24
FY26
LTM
Total assets
6,760
6,973
7,545
7,897
8,412
8,641
Cash
780
757
1,002
1,361
1,625
1,645
Total debt
1,200
1,201
1,200
1,199
1,203
904
Equity
4,182
4,481
5,071
5,394
5,932
6,041
Dividend per share ($)
5.11
5.88
6.72
7.72
8.86
9.46
Revenue and net income US$ billions: navy revenue, teal net income
Margins blue gross, teal operating, brown net
Latest quarters
Mar 2025
Jun 2025
Sep 2025
Jan 2026
Apr 2026
Jul 2026
Revenue ($M)
1,243
1,281
1,292
1,340
1,308
1,335
Growth vs a year earlier
−3.0%
+0.1%
+3.6%
+3.1%
+5.2%
+4.2%
Net income ($M)
241
250
265
261
247
261
Diluted EPS ($)
4.51
4.72
5.02
–
4.69
4.96
XStocksXray
Snap-on Inc (SNA)
Peers in Industrial Machinery & Supplies & Components
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value is the average of up to 15 valuation models, most of them anchored to the company's own multiples, so it stays near the price and should be read as a range, not a point. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.
