Snap-On Inc (SNA)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | -440,900 | 2,275,300 | 1,365,600 | 1,369,900 | 1,354,400 | 1,335,200 | 1,306,000 | 1,266,700 | 1,227,500 | 1,208,500 | 1,181,400 | 1,151,100 | 1,120,600 | 1,104,000 | 1,082,300 | 943,600 | 870,100 | 819,200 | 797,600 | 899,500 |
| Long-term debt | US$ in thousands | 1,185,500 | 1,185,300 | 1,185,100 | 1,184,900 | 1,184,600 | 1,184,400 | 1,184,200 | 1,184,000 | 1,183,800 | 1,183,600 | 1,183,400 | 1,183,200 | 1,182,900 | 1,182,700 | 1,182,500 | 1,182,300 | 1,182,100 | 1,181,800 | 1,436,700 | 948,200 |
| 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 |
| 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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-440,900K ÷ ($1,185,500K + $5,394,100K)
= -6.70%
Snap-On Inc's return on total capital has shown variability over the period from March 31, 2020, to December 31, 2024. The return on total capital started at 21.02% in March 2020, decreased to 16.20% in June 2020, and then gradually improved to 22.20% by September 30, 2023. However, there was a significant spike to 34.16% on September 30, 2024, followed by a sharp decline to -6.70% in December 31, 2024.
It is important to note that the return on total capital is a key metric that indicates how effectively a company is using its capital to generate profits. The fluctuations in Snap-On Inc's return on total capital may suggest changes in the company's profitability and efficiency in deploying its capital resources. Further analysis and consideration of the underlying factors driving these fluctuations would be necessary to fully understand the company's financial performance and capital utilization efficiency.
Peer comparison
Dec 31, 2024