Snap Historical Income Statement

SNA Stock  USD 365.97  4.57  1.26%   
Historical analysis of Snap On income statement accounts such as Other Operating Expenses of 2.1 B, Operating Income of 1.4 B, EBIT of 1.4 B or Ebitda of 1.6 B can show how well Snap On performed in making a profits. Evaluating Snap On income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Snap On's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Snap On latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Snap On is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.

About Snap Income Statement Analysis

Snap On Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Snap On shareholders. The income statement also shows Snap investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Snap On Income Statement Chart

At present, Snap On's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 2.9 B, whereas Depreciation And Amortization is forecasted to decline to about 64.9 M.

Total Revenue

Total revenue comprises all receipts Snap On generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Snap On minus its cost of goods sold. It is profit before Snap On operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Snap On. It is also known as Snap On overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Snap On operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Snap On is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Snap On's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Snap On current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.At present, Snap On's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 2.9 B, whereas Depreciation And Amortization is forecasted to decline to about 64.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B2.2B2.7B2.9B
Total Revenue4.3B4.5B5.1B2.6B

Snap On income statement Correlations

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0.190.310.730.390.580.610.610.280.560.590.370.590.560.520.08-0.35-0.530.350.67-0.30.550.090.860.54
0.940.310.730.990.750.740.750.990.920.72-0.380.70.740.940.47-0.68-0.280.840.36-0.260.44-0.020.210.27
0.650.730.730.740.970.980.980.710.740.96-0.10.950.950.870.48-0.55-0.570.810.74-0.470.63-0.040.710.7
0.940.390.990.740.730.730.740.990.960.69-0.340.670.730.960.44-0.75-0.270.780.35-0.240.430.010.230.26
0.690.580.750.970.731.01.00.740.671.0-0.210.990.950.860.49-0.46-0.570.90.74-0.520.61-0.080.620.72
0.670.610.740.980.731.01.00.720.681.0-0.180.990.950.850.48-0.45-0.60.890.77-0.540.62-0.050.650.73
0.690.610.750.980.741.01.00.740.691.0-0.20.990.950.860.48-0.48-0.580.890.75-0.540.61-0.050.630.72
0.960.280.990.710.990.740.720.740.910.7-0.430.680.730.940.45-0.73-0.250.810.32-0.270.380.00.150.26
0.850.560.920.740.960.670.680.690.910.63-0.170.610.690.930.38-0.8-0.270.660.34-0.170.450.020.340.24
0.630.590.720.960.691.01.01.00.70.63-0.171.00.940.820.49-0.39-0.620.90.79-0.550.64-0.050.660.74
-0.590.37-0.38-0.1-0.34-0.21-0.18-0.2-0.43-0.17-0.17-0.18-0.12-0.33-0.240.29-0.27-0.310.20.380.41-0.050.43-0.03
0.610.590.70.950.670.990.990.990.680.611.0-0.180.920.810.48-0.35-0.630.910.81-0.590.63-0.030.670.76
0.670.560.740.950.730.950.950.950.730.690.94-0.120.920.840.48-0.56-0.50.810.62-0.340.66-0.180.580.61
0.90.520.940.870.960.860.850.860.940.930.82-0.330.810.840.5-0.74-0.410.820.49-0.410.490.040.370.49
0.40.080.470.480.440.490.480.480.450.380.49-0.240.480.480.5-0.23-0.250.50.28-0.220.3-0.040.280.28
-0.78-0.35-0.68-0.55-0.75-0.46-0.45-0.48-0.73-0.8-0.390.29-0.35-0.56-0.74-0.23-0.1-0.290.03-0.04-0.070.14-0.01-0.03
-0.06-0.53-0.28-0.57-0.27-0.57-0.6-0.58-0.25-0.27-0.62-0.27-0.63-0.5-0.41-0.25-0.1-0.55-0.870.68-0.81-0.45-0.66-0.85
0.730.350.840.810.780.90.890.890.810.660.9-0.310.910.810.820.5-0.29-0.550.69-0.520.590.00.460.58
0.170.670.360.740.350.740.770.750.320.340.790.20.810.620.490.280.03-0.870.69-0.670.730.270.830.81
-0.23-0.3-0.26-0.47-0.24-0.52-0.54-0.54-0.27-0.17-0.550.38-0.59-0.34-0.41-0.22-0.040.68-0.52-0.67-0.27-0.6-0.33-0.84
0.180.550.440.630.430.610.620.610.380.450.640.410.630.660.490.3-0.07-0.810.590.73-0.270.020.690.56
-0.120.09-0.02-0.040.01-0.08-0.05-0.050.00.02-0.05-0.05-0.03-0.180.04-0.040.14-0.450.00.27-0.60.020.040.38
0.010.860.210.710.230.620.650.630.150.340.660.430.670.580.370.28-0.01-0.660.460.83-0.330.690.040.61
0.180.540.270.70.260.720.730.720.260.240.74-0.030.760.610.490.28-0.03-0.850.580.81-0.840.560.380.61
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Snap On Account Relationship Matchups

Snap On income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization101.2M96.7M104.8M100.2M99.3M64.9M
Interest Expense49M54M53.1M47.1M157.5M165.4M
Total Revenue3.7B3.6B4.3B4.5B5.1B2.6B
Gross Profit1.8B1.7B2.1B2.2B2.7B2.9B
Other Operating Expenses2.8B2.7B3.1B3.3B3.8B2.1B
Operating Income962.3M880.5M1.1B1.2B1.3B1.4B
Ebit962.3M894.7M1.1B1.3B1.4B1.4B
Ebitda1.1B991.4M1.2B1.4B1.5B1.6B
Cost Of Revenue1.9B1.8B2.1B2.3B2.4B1.3B
Total Operating Expenses881.7M868M987.3M973.9M1.3B809.7M
Income Before Tax922.1M835.2M1.1B1.2B1.3B1.4B
Total Other Income Expense Net(40.2M)(45.3M)(36.6M)(4.6M)17.6M18.5M
Net Income693.5M627M820.5M911.7M1.0B1.1B
Income Tax Expense211.8M189.1M247M268.7M293.4M308.1M
Selling General Administrative1.0B1.0B1.2B1.1B1.2B1.0B
Net Income Applicable To Common Shares693.5M627M820.5M911.7M1.0B1.1B
Minority Interest17.7M19.4M(20.9M)(22.2M)(23.5M)(22.3M)
Net Income From Continuing Ops710.3M646.1M841.4M933.9M1.0B632.6M
Non Operating Income Net Other9.7M9M18M42.5M48.9M51.3M
Selling And Marketing Expenses47.7M38M33.2M39.3M44.5M38.2M
Tax Provision211.8M189.1M247M268.7M293.4M261.7M
Interest Income1.5M54M53.1M47.1M40.2M28.8M
Net Interest Income(47.5M)(54M)(53.1M)(47.1M)(9.7M)(10.2M)
Reconciled Depreciation92.4M96.7M104.8M100.2M99.3M107.0M

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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
19.43
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.