# Snap-on Incorporated (SNA) — Stock CV

Snap-on Incorporated is a $18.6B industrial company. Revenue grew 4.0% over the last year, it keeps 20¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 18.1× earnings — in the most expensive third of its own history.

> Snap-on is a manufacturer of premium tools, equipment, and diagnostics for professional technicians, primarily involved in the repair of passenger cars but having expanded into other industrial applications.

## Identity

- **Ticker**: SNA
- **Sector**: Industrials
- **Industry**: Cutlery, Handtools & General Hardware
- **Headquarters**: KENOSHA, WI
- **Employees**: 13 000
- **Website**: https://www.snapon.com
- **Market cap**: $18.6B
- **Last price**: $360.37
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $5.27B
- **Net income**: $1.03B
- **Free cash flow**: $1.11B
- **Net cash**: $438M
- **P/E**: 18.1
- **Revenue growth (YoY)**: 4.0%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 65 |
| Growth | 43 |
| Profitability | 85 |
| Health | 75 |
| Quality | 85 |
| Moat | 95 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +4.0% YoY
- [x] Profitable — $1.03B TTM
- [x] Profit growing — +0.8% YoY
- [x] Generates cash — $1.11B TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $18.6B market cap
- [x] Not printing shares — -3.3% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 50/100
- [x] Pays a dividend — yield 4.96%
- [x] Valuation not extreme — P/E 18.1

## Experience (career milestones)

- **FY2024** — Became debt-free: cash now exceeds total debt
- **FY2024** — Best year on record: $1.04B net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $3.43B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- High gross margin (51.5%)
- Strong cash conversion — FCF is 21.0% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 27.5× by operating earnings
- High returns on invested capital (ROIC 18.5%)

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $4.60B | $821M | $897M |
| FY2022 | $4.84B | $912M | $591M |
| FY2023 | $5.11B | $1.01B | $1.06B |
| FY2024 | $5.11B | $1.04B | $1.13B |
| FY2025 | $5.16B | $1.02B | $1.01B |

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Source: https://stockcv.com/SNA — derived from company filings; may be delayed or incomplete. Information, not investment advice.