Snap-on Incorporated (SNA) financial statements: income statement, balance sheet and cash flow
Snap-on Incorporated's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 3, 2026 · FY), Snap-on Incorporated reported revenue of $5.2B (+0.9% year on year) and net income of $1.0B (-2.5% year on year).
Income statement
Snap-on Incorporated income statement, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net sales
$5.2B
$5.1B
$5.1B
$4.8B
Cost of goods sold
($2.4B)
($2.3B)
($2.5B)
($2.4B)
Gross profit
$2.4B
$2.4B
$2.3B
$2.2B
Operating expenses
($1.5B)
($1.4B)
($1.3B)
($1.2B)
Operating earnings
$1.3B
$1.3B
$1.3B
$1.2B
Interest expense
($50.5M)
($49.6M)
($49.9M)
($47.1M)
Other income (expense) – net
$58.7M
$77.0M
$67.5M
$42.5M
Earnings before income taxes
$1.3B
$1.4B
—
—
Income tax expense
($293.6M)
($304.2M)
($293.4M)
($268.7M)
Net earnings
$1.0B
$1.1B
$1.0B
$933.9M
Net earnings attributable to noncontrolling interests
($25.4M)
($25.0M)
($23.5M)
($22.2M)
Net earnings attributable to Snap-on Incorporated
$1.0B
$1.0B
$1.0B
$911.7M
Basic (in dollars per share)
$19.52
$19.85
$19.11
$17.14
Diluted (in dollars per share)
$19.19
$19.51
$18.76
$16.82
Basic (in shares)
52.1M
52.6M
52.9M
53.2M
Effect of dilutive securities (in shares)
900.0K
900.0K
1.0M
1.0M
Diluted (in shares)
53.0M
53.5M
53.9M
54.2M
Snap-on Incorporated income statement, quarters
Line item
Oct 3, 2026 · Q3
Jul 4, 2026 · Q2
Apr 4, 2026 · Q1
Sep 27, 2025 · Q3
Net sales
$1.3B
$1.3B
$1.3B
$1.3B
Cost of goods sold
($580.1M)
($599.9M)
($598.9M)
($584.9M)
Gross profit
$603.6M
$635.2M
$608.3M
$605.9M
Operating expenses
($385.8M)
($398.5M)
($390.6M)
($359.6M)
Operating earnings
$316.4M
$336.4M
$318.8M
$347.4M
Interest expense
($12.5M)
($12.3M)
($12.4M)
($12.4M)
Other income (expense) – net
$15.4M
$15.1M
$16.8M
$14.3M
Earnings before income taxes
$319.3M
$339.2M
$323.2M
$349.3M
Income tax expense
($69.7M)
($73.0M)
($69.7M)
($77.5M)
Net earnings
$249.6M
$266.2M
$253.5M
$271.8M
Net earnings attributable to noncontrolling interests
($6.6M)
($5.6M)
($6.5M)
($6.4M)
Net earnings attributable to Snap-on Incorporated
$243.0M
$260.6M
$247.0M
$265.4M
Basic (in dollars per share)
$4.71
$5.04
$4.76
$5.09
Diluted (in dollars per share)
$4.64
$4.96
$4.69
$5.02
Basic (in shares)
51.6M
51.7M
51.9M
52.1M
Effect of dilutive securities (in shares)
757.6K
778.6K
825.1K
809.3K
Diluted (in shares)
52.4M
52.5M
52.7M
52.9M
Dividends declared per common share (in dollars per share)
$2.44
$2.44
$2.44
$2.14
Balance sheet
Snap-on Incorporated balance sheet, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$1.6B
$1.4B
$1.0B
$757.2M
Trade and other accounts receivable – net
$881.4M
$815.6M
$791.3M
$761.7M
Finance and contract receivables, current, net
$720.2M
$730.3M
$714.9M
$672.1M
Inventories – net
$1.0B
$943.4M
$1.0B
$1.0B
Prepaid expenses and other current assets
$151.5M
$139.6M
$138.4M
$144.8M
Total current assets
$4.4B
$4.0B
$3.7B
$3.4B
Property and equipment – net
$552.3M
$542.6M
$539.3M
$512.6M
Operating lease right-of-use assets
$83.7M
$89.4M
$74.7M
$61.5M
Deferred income tax assets
$72.5M
$78.0M
$76.0M
$70.0M
Finance and contract receivable, net, non-current
$1.7B
$1.7B
$1.7B
$1.6B
Goodwill
$1.1B
$1.1B
$1.1B
$1.0B
Other intangible assets – net
$270.7M
$267.6M
$268.9M
$275.6M
Pension assets
$173.8M
$125.4M
$130.5M
$70.6M
Other long-term assets
$25.1M
$17.3M
$14.0M
$13.7M
Total assets
$8.4B
$7.9B
$7.5B
$7.0B
Notes payable
$16.2M
$13.7M
$15.6M
$17.2M
Accounts payable
$229.1M
$265.9M
$238.0M
$287.0M
Accrued benefits
$64.7M
$67.2M
$64.4M
$58.6M
Accrued compensation
$77.2M
$86.1M
$102.9M
$98.6M
Franchisee deposits
$66.2M
$70.9M
$73.3M
$73.8M
Other accrued liabilities
$465.1M
$457.7M
$447.4M
$436.4M
Total current liabilities
$918.5M
$961.5M
$941.6M
$971.6M
Long-term debt
$1.2B
$1.2B
$1.2B
$1.2B
Deferred income tax liabilities
$87.0M
$73.5M
$79.2M
$82.1M
Retiree health care benefits
$17.7M
$19.4M
$21.8M
$23.4M
Pension liabilities
$85.7M
$78.4M
$82.3M
$78.6M
Operating lease liabilities
$61.8M
$68.6M
$54.6M
$44.7M
Other long-term liabilities
$98.4M
$92.9M
$87.4M
$85.1M
Total liabilities
$2.5B
$2.5B
$2.5B
$2.5B
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)
0
0
0
0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,461,309 and 67,456,641 shares, respectively)
67.5M
67.5M
67.5M
67.4M
Additional paid-in capital
$578.5M
$557.7M
$545.5M
$499.9M
Retained earnings
$8.1B
$7.6B
$6.9B
$6.3B
Accumulated other comprehensive loss
($354.8M)
($575.0M)
($449.5M)
($528.3M)
Treasury stock at cost (15,594,254 and 15,074,968 shares, respectively)
-2.5B
-2.2B
-2.0B
-1.9B
Total shareholders’ equity attributable to Snap-on Incorporated
$5.9B
$5.4B
$5.1B
$4.5B
Noncontrolling interests
$25.0M
$22.9M
$22.1M
$22.2M
Total equity
$6.0B
$5.4B
$5.1B
$4.5B
Total liabilities and equity
$8.4B
$7.9B
$7.5B
$7.0B
Snap-on Incorporated balance sheet, quarters
Line item
Oct 3, 2026
Jul 4, 2026
Apr 4, 2026
Sep 27, 2025
Cash and cash equivalents
$1.7B
$1.6B
$1.8B
$1.5B
Trade and other accounts receivable – net
$922.1M
$942.2M
$890.7M
$925.7M
Finance receivables and contract receivables - net
$719.3M
$718.7M
$725.6M
$751.6M
Inventories – net
$1.1B
$1.0B
$1.0B
$1.0B
Prepaid expenses and other current assets
$170.3M
$172.8M
$157.6M
$149.4M
Total current assets
$4.6B
$4.5B
$4.5B
$4.4B
Property and equipment – gross
$1.7B
$1.7B
$1.7B
$1.7B
Accumulated depreciation
($1.1B)
($1.1B)
($1.1B)
($1.1B)
Property and equipment – net
$563.7M
$560.4M
$547.7M
$559.7M
Operating lease right-of-use assets
$95.6M
$98.7M
$89.9M
$87.2M
Deferred income tax assets
$75.7M
$74.8M
$74.3M
$73.5M
Long-term finance receivables and contract receivables - net
$1.7B
$1.7B
$1.7B
$1.7B
Goodwill
$1.2B
$1.2B
$1.1B
$1.1B
Other intangible assets – net
$266.5M
$267.8M
$267.2M
$275.4M
Pension assets
$174.5M
$173.6M
$173.3M
$130.1M
Other long-term assets
$23.5M
$25.8M
$23.3M
$24.1M
Total assets
$8.7B
$8.6B
$8.5B
$8.4B
Notes payable and current maturities of long-term debt
$317.9M
$317.0M
$316.2M
—
Accounts payable
$264.3M
$267.4M
$253.6M
$271.3M
Accrued benefits
$52.5M
$53.2M
$69.7M
$62.1M
Accrued compensation
$82.2M
$78.0M
$66.2M
$84.5M
Franchisee deposits
$69.7M
$66.8M
$64.4M
$73.8M
Other accrued liabilities
$500.1M
$535.5M
$519.0M
$483.8M
Total current liabilities
$1.3B
$1.3B
$1.3B
$996.8M
Long-term debt
$887.2M
$887.0M
$886.9M
$1.2B
Deferred income tax liabilities
$106.3M
$98.1M
$92.8M
$74.3M
Retiree health care benefits
$16.1M
$16.6M
$17.2M
$17.9M
Pension liabilities
$74.3M
$77.8M
$81.7M
$75.0M
Operating lease liabilities
$71.7M
$75.3M
$67.9M
$64.6M
Other long-term liabilities
$98.8M
$101.9M
$97.7M
$97.0M
Total liabilities
$2.5B
$2.6B
$2.5B
$2.5B
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)
0
0
0
0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,466,150 and 67,461,309 shares, respectively)
67.5M
67.5M
67.5M
67.5M
Additional paid-in capital
$603.5M
$595.1M
$575.1M
$572.4M
Retained earnings
$8.5B
$8.4B
$8.3B
$8.0B
Accumulated other comprehensive loss
($380.2M)
($382.6M)
($375.9M)
($393.7M)
Treasury stock at cost (15,884,955 and 15,594,254 shares, respectively)
-2.7B
-2.6B
-2.6B
-2.4B
Total shareholders’ equity attributable to Snap-on Incorporated
$6.1B
$6.0B
$6.0B
$5.8B
Noncontrolling interests
$25.0M
$25.0M
$25.0M
$24.8M
Total equity
$6.1B
$6.1B
$6.0B
$5.8B
Total liabilities and equity
$8.7B
$8.6B
$8.5B
$8.4B
Cash flow statement
Snap-on Incorporated cash flow statement, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net earnings
$1.0B
$1.1B
$1.0B
$933.9M
Depreciation
$75.8M
$72.7M
$72.2M
$71.5M
Amortization of other intangible assets
$22.7M
$25.3M
$27.1M
$28.7M
Provisions for losses on finance receivables
$72.9M
$71.1M
$57.2M
$37.7M
Provisions for losses on non-finance receivables
$21.3M
$22.8M
$19.2M
$16.8M
Stock-based compensation expense
$28.9M
$28.6M
$44.7M
$34.0M
Deferred income tax provision (benefit)
$2.5M
($8.2M)
($18.7M)
($10.3M)
Gain on sales of assets
($16.0M)
($600.0K)
($1.0M)
($3.1M)
Trade and other accounts receivable
($61.8M)
($72.9M)
($45.2M)
($120.0M)
Contract receivables
($11.3M)
($17.4M)
($34.0M)
($11.8M)
Inventories
($44.1M)
$27.8M
$23.3M
($272.1M)
Prepaid expenses and other assets
$25.5M
$10.4M
$35.1M
($6.3M)
Accounts payable
($42.7M)
$29.0M
($48.1M)
$17.7M
Accrued and other liabilities
($34.3M)
($40.0M)
($12.2M)
($41.5M)
Net cash provided by operating activities
$1.1B
$1.2B
$1.2B
$675.2M
Additions to finance receivables
($913.6M)
($966.0M)
($1.0B)
($955.8M)
Collections of finance receivables
$888.9M
$837.8M
$833.5M
$826.9M
Capital expenditures
($76.0M)
($83.5M)
($95.0M)
($84.2M)
Acquisitions of businesses, net of cash acquired
$0
$0
($42.6M)
$500.0K
Disposals of property and equipment
$20.4M
$3.1M
$2.7M
$5.1M
Other
$7.2M
$4.5M
($1.4M)
$1.3M
Net cash used by investing activities
($73.1M)
($204.1M)
($331.8M)
($206.2M)
Net increase (decrease) in other short-term borrowings
$3.3M
($1.3M)
($1.7M)
$1.6M
Cash dividends paid
($462.2M)
($406.4M)
($355.6M)
($313.1M)
Purchases of treasury stock
($328.6M)
($290.0M)
($294.7M)
($198.1M)
Proceeds from stock purchase plans and stock option exercises
$73.9M
$92.3M
—
—
Other
($36.3M)
($44.4M)
($34.5M)
($30.4M)
Net cash used by financing activities
($749.9M)
($649.8M)
($572.9M)
($485.0M)
Effect of exchange rate changes on cash and cash equivalents