Snap Historical Income Statement
SNA Stock | USD 296.94 5.97 2.05% |
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 1.5 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.
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.
Snap |
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
Snap On Income Statement is one of the three primary financial statements used for reporting Snap's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Snap-On revenue and expense. Snap On Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Snap On's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.4 B, whereas Depreciation And Amortization is forecasted to decline to about 66.8 M. Add Fundamental
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 tightly coupled 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 Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.4 B, whereas Depreciation And Amortization is forecasted to decline to about 66.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.2B | 2.6B | 2.8B | Total Revenue | 4.3B | 4.5B | 5.1B | 2.6B |
Snap On income statement Correlations
Click cells to compare fundamentals
Snap On Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Snap On income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 101.2M | 105.4M | 121.3M | 142.7M | 99.3M | 66.8M | |
Interest Expense | 49M | 54M | 53.1M | 47.1M | 51.5M | 27.2M | |
Total Revenue | 3.7B | 3.6B | 4.3B | 4.5B | 5.1B | 2.6B | |
Gross Profit | 1.8B | 1.7B | 2.1B | 2.2B | 2.6B | 2.8B | |
Other Operating Expenses | 2.8B | 2.7B | 3.1B | 3.3B | 3.8B | 2.1B | |
Operating Income | 962.3M | 880.5M | 1.1B | 1.2B | 1.3B | 1.4B | |
Ebit | 962.3M | 880.5M | 1.1B | 1.2B | 1.3B | 1.4B | |
Ebitda | 1.1B | 985.9M | 1.2B | 1.3B | 1.4B | 1.5B | |
Cost Of Revenue | 1.9B | 1.8B | 2.1B | 2.3B | 2.5B | 1.3B | |
Total Operating Expenses | 881.7M | 868M | 987.3M | 973.9M | 1.3B | 809.7M | |
Income Before Tax | 922.1M | 835.2M | 1.1B | 1.2B | 1.3B | 1.4B | |
Total Other Income Expense Net | (40.2M) | (45.3M) | (36.6M) | (4.6M) | 22.1M | 23.2M | |
Net Income | 693.5M | 627M | 820.5M | 911.7M | 1.0B | 1.1B | |
Income Tax Expense | 211.8M | 189.1M | 247M | 268.7M | 293.4M | 308.1M | |
Selling General Administrative | 1.0B | 1.0B | 1.2B | 1.1B | 1.0B | 563.7M | |
Research Development | 59.1M | 57.4M | 61.1M | 60.1M | 64.7M | 57.7M | |
Net Income Applicable To Common Shares | 693.5M | 627M | 820.5M | 911.7M | 1.0B | 1.1B | |
Minority Interest | 17.7M | 19.4M | (20.9M) | (22.2M) | (23.5M) | (22.3M) | |
Net Income From Continuing Ops | 710.3M | 646.1M | 841.4M | 933.9M | 1.0B | 632.6M | |
Non Operating Income Net Other | 9.7M | 9M | 18M | 42.5M | 48.9M | 51.3M | |
Tax Provision | 211.8M | 189.1M | 247M | 268.7M | 293.4M | 261.7M | |
Interest Income | 1.5M | 54M | 53.1M | 47.1M | 40.2M | 28.8M | |
Net Interest Income | (47.5M) | (54M) | (53.1M) | (47.1M) | (9.7M) | (10.2M) | |
Reconciled Depreciation | 92.4M | 96.7M | 104.8M | 100.2M | 99.3M | 107.0M |
Currently Active Assets on Macroaxis
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 tightly coupled 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 Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Snap Stock analysis
When running Snap On's price analysis, check to measure Snap On's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap On is operating at the current time. Most of Snap On's value examination focuses on studying past and present price action to predict the probability of Snap On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap On's price. Additionally, you may evaluate how the addition of Snap On to your portfolios can decrease your overall portfolio volatility.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Snap On's industry 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 0.076 | Dividend Share 6.72 | Earnings Share 18.77 | Revenue Per Share 96.565 | Quarterly Revenue Growth 0.04 |
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.