Snap-On Inc (SNA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,348,100 | 1,304,500 | 1,180,400 | 1,067,500 | 816,100 |
| Revenue | US$ in thousands | 5,108,400 | 5,108,300 | 4,842,500 | 4,601,700 | 3,942,200 |
| Pretax margin | 26.39% | 25.54% | 24.38% | 23.20% | 20.70% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,348,100K ÷ $5,108,400K
= 26.39%
Snap-On Inc's pretax margin has shown a consistent upward trend over the past five years, increasing from 20.70% in December 31, 2020 to 26.39% in December 31, 2024. This indicates that the company has been effectively managing its operating expenses and generating higher profits before taxes relative to its revenue. The improving pretax margin reflects the company's ability to control costs, streamline operations, and optimize its overall business efficiency. This trend suggests a positive outlook for Snap-On Inc in terms of profitability and operational performance.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Snap-On Inc
SNA
26.39%
Simpson Manufacturing Company Inc
SSD
19.46%
Stanley Black & Decker Inc
SWK
-2.56%