Snap Income Before Tax from 2010 to 2024

SNA Stock  USD 369.23  2.12  0.57%   
Snap On's Income Before Tax is increasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is expected to go to about 1.4 B this year. From 2010 to 2024 Snap On Income Before Tax quarterly data regression line had arithmetic mean of  810,326,667 and r-squared of  0.95. View All Fundamentals
 
Income Before Tax  
First Reported
1989-06-30
Previous Quarter
356.9 M
Current Value
332.2 M
Quarterly Volatility
97.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snap On financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snap On's main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.9 M, Interest Expense of 165.4 M or Total Revenue of 2.6 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0279 or PTB Ratio of 2.02. Snap financial statements analysis is a perfect complement when working with Snap On Valuation or Volatility modules.
  
Check out the analysis of Snap On Correlation against competitors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.

Latest Snap On's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Snap On over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Snap On income statement and is an important metric when analyzing Snap On profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Snap On's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snap On's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Snap Income Before Tax Regression Statistics

Arithmetic Mean810,326,667
Geometric Mean707,732,325
Coefficient Of Variation43.68
Mean Deviation269,118,222
Median821,900,000
Standard Deviation353,967,548
Sample Variance125293T
Range1.3B
R-Value0.97
Mean Square Error7132.3T
R-Squared0.95
Slope77,029,286
Total Sum of Squares1754102.3T

Snap Income Before Tax History

20241.4 B
20231.3 B
20221.2 B
20211.1 B
2020835.2 M
2019922.1 M
2018909.9 M

About Snap On Financial Statements

Snap On stakeholders use historical fundamental indicators, such as Snap On's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Snap On investors may analyze each financial statement separately, they are all interrelated. For example, changes in Snap On's assets and liabilities are reflected in the revenues and expenses on Snap On's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Snap On. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax1.3 B1.4 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Snap On offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap On's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snap On Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap On Stock:
Check out the analysis of Snap On Correlation against competitors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snap On. If investors know Snap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snap On listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.042
Dividend Share
7.44
Earnings Share
19.46
Revenue Per Share
96.839
Quarterly Revenue Growth
(0.01)
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snap On's market value can be influenced by many factors that don't directly affect Snap On's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.