Snap-On Inc (SNA)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,043,900 | 1,041,100 | 1,033,100 | 1,025,900 | 1,011,100 | 994,700 | 975,500 | 943,000 | 911,700 | 896,500 | 868,800 | 845,300 | 820,500 | 805,700 | 789,200 | 682,400 | 627,000 | 588,700 | 573,600 | 652,800 |
| Total stockholders’ equity | US$ in thousands | 5,394,100 | 5,475,000 | 5,286,300 | 5,141,000 | 5,071,300 | 4,830,200 | 4,757,100 | 4,610,200 | 4,481,300 | 4,317,200 | 4,324,400 | 4,298,300 | 4,181,900 | 4,047,300 | 4,003,400 | 3,876,000 | 3,824,900 | 3,619,000 | 3,486,700 | 3,331,300 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,043,900K ÷ $5,394,100K
= 19.35%
Snap-On Inc's return on equity (ROE) has shown a generally positive trend over the most recent quarters, starting at 19.60% in March 31, 2020, and reaching a peak of 20.77% by September 30, 2022. Although there was a slight dip in ROE in Q4 2022 and Q1 2023, the metric remained above 19% during this period. From June 30, 2023, to September 30, 2024, ROE fluctuated in the range of 19.54% to 20.59%, indicating a moderate level of stability in the company's ability to generate returns for its shareholders. The most recent data point as of December 31, 2024, shows an ROE of 19.35%. Overall, Snap-On Inc's ROE performance reflects a relatively strong and consistent profitability relative to the shareholders' equity over the analyzed period.
Peer comparison
Dec 31, 2024