Snap-On Inc (SNA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 98.31% | 98.50% | 98.54% | 98.59% | 98.70% | 98.84% | 98.81% | 98.80% | 98.92% | 98.94% | 98.83% | 98.72% | 98.51% | 98.34% | 98.29% | 98.02% | 97.61% | 97.32% | 96.98% | 96.96% |
| Operating profit margin | -8.87% | 44.13% | 26.03% | 25.88% | 25.65% | 25.63% | 25.47% | 25.13% | 24.93% | 24.92% | 24.88% | 24.62% | 24.41% | 24.24% | 24.31% | 23.10% | 22.34% | 21.75% | 21.39% | 22.72% |
| 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% |
| Net profit margin | 20.43% | 20.40% | 20.22% | 20.06% | 19.79% | 19.66% | 19.53% | 19.12% | 18.83% | 18.70% | 18.37% | 18.09% | 17.83% | 17.61% | 17.63% | 16.57% | 15.90% | 15.44% | 15.21% | 16.33% |
Based on the provided data, Snap-On Inc has shown consistent improvement in its profitability ratios over the years.
- Gross Profit Margin has steadily increased from 96.96% in March 2020 to 98.31% in December 2024, indicating the company's ability to efficiently control the cost of goods sold.
- Operating Profit Margin shows a fluctuating trend but generally increasing from 22.72% in March 2020 to 26.03% in June 2024. This indicates effective management of operating expenses to generate operating profits.
- Pretax Margin has also shown a consistent uptrend, increasing from 21.30% in March 2020 to 26.39% in December 2024. This reflects the company's ability to generate profits before accounting for taxes.
- Net Profit Margin has consistently improved from 16.33% in March 2020 to 20.43% in December 2024. This signifies the company's ability to convert revenue into net income after accounting for all expenses.
Overall, the increasing trends in profitability margins reflect Snap-On Inc's strong operational performance and effective cost management strategies, leading to improved overall profitability over the years.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -5.74% | 28.31% | 17.14% | 17.26% | 17.37% | 17.75% | 17.59% | 17.40% | 17.31% | 17.48% | 17.14% | 16.69% | 16.62% | 16.85% | 16.02% | 14.25% | 13.43% | 13.23% | 13.20% | 16.33% |
| Return on assets (ROA) | 13.22% | 13.09% | 13.31% | 13.38% | 13.40% | 13.62% | 13.49% | 13.23% | 13.08% | 13.12% | 12.66% | 12.26% | 12.14% | 12.24% | 11.62% | 10.23% | 9.56% | 9.39% | 9.38% | 11.73% |
| Return on total capital | -6.70% | 34.16% | 21.10% | 21.66% | 21.65% | 22.20% | 21.98% | 21.86% | 21.67% | 21.97% | 21.45% | 21.00% | 20.89% | 21.11% | 20.87% | 18.65% | 17.38% | 17.06% | 16.20% | 21.02% |
| Return on equity (ROE) | 19.35% | 19.02% | 19.54% | 19.96% | 19.94% | 20.59% | 20.51% | 20.45% | 20.34% | 20.77% | 20.09% | 19.67% | 19.62% | 19.91% | 19.71% | 17.61% | 16.39% | 16.27% | 16.45% | 19.60% |
Snap-On Inc's profitability ratios have shown some fluctuation over the years.
1. Operating return on assets (Operating ROA) has shown a positive trend overall, with steady improvement from 16.33% in March 2020 to a peak of 17.75% in September 2023. However, there was a slight dip to 17.37% in December 2023 before a recovery to 17.59% in June 2024. The ratio significantly spiked to 28.31% in September 2024 but then dropped sharply to -5.74% in December 2024, indicating a significant change in operating performance in the last quarter of 2024.
2. Return on assets (ROA) has also been on an upward trajectory, albeit with some fluctuations. The ratio increased from 11.73% in March 2020 to a peak of 13.49% in June 2023 before slightly declining to 13.09% in September 2024.
3. Return on total capital showed a similar trend, steadily improving from 21.02% in March 2020 to a peak of 22.20% in September 2023, while showing signs of decline towards the end of 2024 with a sharp decrease to -6.70% in December 2024.
4. Return on equity (ROE) has generally shown a positive pattern, gradually increasing from 19.60% in March 2020 to a peak of 20.77% in September 2022. However, there were some fluctuations in the latter half of 2023 and 2024, with the ratio dropping to 19.02% in September 2024.
In summary, despite some fluctuations in the profitability ratios, Snap-On Inc has generally demonstrated improving performance in terms of generating returns for its shareholders and efficiently utilizing its assets. However, the significant drop in some ratios towards the end of 2024 indicates potential challenges that the company may need to address to sustain its profitability levels.