Snap-On Inc (SNA)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 85.50% | 85.51% | 85.31% | 85.12% | 98.92% | 98.94% | 98.83% | 98.72% | 98.51% | 98.34% | 98.29% | 98.02% | 97.61% | 97.32% | 96.98% | 96.96% | 97.28% | 96.25% | 96.16% | 82.99% |
| Operating profit margin | 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% | 23.66% | 23.79% | 23.92% | 23.92% |
| Pretax margin | 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% | 22.26% | 22.40% | 22.42% | 22.38% |
| Net profit margin | 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% | 17.05% | 17.17% | 17.16% | 17.12% |
The profitability ratios of Snap-On Inc show a stable trend over the analyzed period. The gross profit margin has displayed a high level of consistency, ranging around mid to high 80% levels, indicating strong control over the cost of production and good pricing strategies.
The operating profit margin has also been relatively steady, hovering around mid-20% levels. This suggests efficient management of operating expenses and solid operating performance over time.
The pretax margin, reflecting the company's ability to generate profits before taxes on its total revenue, has remained consistent, also in the mid-20% range. This indicates effective cost management and operational efficiency in generating profits.
The net profit margin, representing the company's bottom line profitability after all expenses have been deducted, has been relatively stable, showing a decreasing trend from late 2019 to early 2022, followed by a slight recovery. Overall, the net profit margin has demonstrated resilience, with profits hovering around mid to high teens percentage range.
In conclusion, Snap-On Inc has maintained healthy profitability ratios, reflecting strong control over costs, operational efficiency, and consistent profitability levels over the period under review.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 16.90% | 17.28% | 17.50% | 17.68% |
| Return on assets (ROA) | 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% | 12.18% | 12.47% | 12.56% | 12.65% |
| Return on total capital | 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% | 21.91% | 22.57% | 22.66% | 23.11% |
| Return on equity (ROE) | 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% | 20.34% | 21.12% | 21.18% | 21.73% |
Snap-On Inc has shown consistent profitability over the past few quarters based on the provided profitability ratios.
- Operating return on assets (Operating ROA) has ranged between 16.69% to 17.75%, indicating the company's ability to generate operating profits from its assets.
- Return on assets (ROA) has fluctuated between 9.39% to 13.62%, showing the company's efficiency in generating profits relative to its total assets.
- Return on total capital has varied between 16.20% to 22.66%, demonstrating the company's ability to generate returns on the total capital employed in the business.
- Return on equity (ROE) has ranged from 16.27% to 21.12%, reflecting the company's ability to generate returns for its shareholders.
Overall, the profitability ratios indicate that Snap-On Inc has been efficiently utilizing its assets and capital to generate profits, and the company has delivered stable returns to its shareholders over the analyzed periods.