Snap-On Inc (SNA)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,348,100 | 1,339,800 | 1,328,200 | 1,319,900 | 1,304,500 | 1,285,800 | 1,257,200 | 1,218,800 | 1,180,400 | 1,162,100 | 1,133,600 | 1,100,700 | 1,067,500 | 1,046,800 | 1,024,500 | 886,700 | 816,100 | 768,500 | 748,700 | 851,600 |
| Revenue (ttm) | US$ in thousands | 5,108,400 | 5,103,000 | 5,109,800 | 5,114,600 | 5,108,300 | 5,058,700 | 4,994,300 | 4,932,600 | 4,842,500 | 4,793,500 | 4,728,700 | 4,674,000 | 4,601,700 | 4,574,300 | 4,476,700 | 4,117,300 | 3,942,200 | 3,813,500 | 3,772,000 | 3,998,500 |
| Pretax margin | 26.39% | 26.26% | 25.99% | 25.81% | 25.54% | 25.42% | 25.17% | 24.71% | 24.38% | 24.24% | 23.97% | 23.55% | 23.20% | 22.88% | 22.89% | 21.54% | 20.70% | 20.15% | 19.85% | 21.30% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,348,100K ÷ $5,108,400K
= 26.39%
Snap-On Inc has shown a consistent improvement in its pretax margin over the past few years, indicating an efficient management of its pre-tax profitability. The pretax margin has increased from 21.30% as of March 31, 2020, to 26.39% as of December 31, 2024. This demonstrates the company's ability to effectively control its operating expenses and generate higher profitability before taxes. The upward trend in pretax margin signals a positive financial performance for Snap-On Inc during the period under consideration, reflecting its ability to translate its revenues into higher profits.
Peer comparison
Dec 31, 2024