Snap Income Statement Research

SNA Stock

USD 265.96 17.54 6.19%

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 Snap On Valuation and Snap On Correlation analysis.

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.

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

Gross Profit Total Revenue

Snap On income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Extraordinary Items	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.36	0.9	0.65	0.88	0.7	0.71	0.73	0.92	0.74	0.66	-0.56	0.65	0.65	0.38	0.53	-0.64	-0.26	0.78	0.32	0.27	0.07	-0.02	0.33	-0.38
Interest Expense	0.36		0.39	0.11	0.48	-0.01	0.02	0.04	0.43	0.59	-0.06	-0.11	-0.08	0.02	0.16	-0.36	-0.69	0.2	-0.04	-0.22	-0.13	0.05	-0.22	-0.22	0.18
Total Revenue	0.9	0.39		0.75	0.99	0.75	0.76	0.77	1.0	0.92	0.72	-0.36	0.7	0.74	0.27	0.6	-0.68	-0.28	0.84	0.36	0.44	-0.02	0.21	0.27	-0.37
Gross Profit	0.65	0.11	0.75		0.76	0.97	0.98	0.98	0.74	0.75	0.97	-0.08	0.95	0.95	0.22	0.65	-0.57	-0.56	0.82	0.72	0.61	-0.05	0.67	0.69	-0.71
Other Operating Expenses	0.88	0.48	0.99	0.76		0.73	0.74	0.76	0.99	0.96	0.69	-0.31	0.67	0.73	0.27	0.5	-0.75	-0.27	0.78	0.35	0.43	0.01	0.23	0.26	-0.35
Operating Income	0.7	-0.01	0.75	0.97	0.73		1.0	1.0	0.74	0.67	1.0	-0.16	0.99	0.96	0.25	0.77	-0.46	-0.57	0.9	0.74	0.61	-0.08	0.61	0.71	-0.73
Ebit	0.71	0.02	0.76	0.98	0.74	1.0		1.0	0.75	0.69	0.99	-0.16	0.99	0.95	0.26	0.75	-0.48	-0.57	0.9	0.74	0.6	-0.07	0.61	0.71	-0.73
Ebitda	0.73	0.04	0.77	0.98	0.76	1.0	1.0		0.76	0.69	0.99	-0.19	0.98	0.95	0.27	0.75	-0.5	-0.56	0.9	0.73	0.59	-0.06	0.59	0.71	-0.72
Cost Of Revenue	0.92	0.43	1.0	0.74	0.99	0.74	0.75	0.76		0.92	0.7	-0.38	0.69	0.73	0.28	0.55	-0.72	-0.27	0.82	0.35	0.41	0.0	0.18	0.27	-0.36
Total Operating Expenses	0.74	0.59	0.92	0.75	0.96	0.67	0.69	0.69	0.92		0.63	-0.14	0.61	0.69	0.22	0.36	-0.8	-0.27	0.66	0.34	0.45	0.02	0.34	0.24	-0.33
Income Before Tax	0.66	-0.06	0.72	0.97	0.69	1.0	0.99	0.99	0.7	0.63		-0.12	1.0	0.94	0.27	0.78	-0.39	-0.62	0.9	0.79	0.64	-0.05	0.66	0.74	-0.76
Total Other Income Expense Net	-0.56	-0.11	-0.36	-0.08	-0.31	-0.16	-0.16	-0.19	-0.38	-0.14	-0.12		-0.12	-0.08	-0.28	-0.26	0.28	-0.31	-0.27	0.26	0.44	-0.04	0.49	0.02	0.08
Net Income	0.65	-0.08	0.7	0.95	0.67	0.99	0.99	0.98	0.69	0.61	1.0	-0.12		0.92	0.32	0.79	-0.35	-0.63	0.91	0.81	0.63	-0.03	0.67	0.76	-0.78
Income Tax Expense	0.65	0.02	0.74	0.95	0.73	0.96	0.95	0.95	0.73	0.69	0.94	-0.08	0.92		0.04	0.69	-0.56	-0.5	0.81	0.62	0.66	-0.18	0.58	0.61	-0.6
Selling General Administrative	0.38	0.16	0.27	0.22	0.27	0.25	0.26	0.27	0.28	0.22	0.27	-0.28	0.32	0.04		0.14	0.07	-0.48	0.39	0.52	0.17	0.49	0.2	0.44	-0.54
Research Development	0.53	-0.36	0.6	0.65	0.5	0.77	0.75	0.75	0.55	0.36	0.78	-0.26	0.79	0.69	0.14		-0.02	-0.38	0.87	0.52	0.48	-0.22	0.4	0.49	-0.55
Extraordinary Items	-0.64	-0.69	-0.68	-0.57	-0.75	-0.46	-0.48	-0.5	-0.72	-0.8	-0.39	0.28	-0.35	-0.56	0.07	-0.02		-0.1	-0.29	0.03	-0.07	0.14	-0.01	-0.03	0.03
Minority Interest	-0.26	0.2	-0.28	-0.56	-0.27	-0.57	-0.57	-0.56	-0.27	-0.27	-0.62	-0.31	-0.63	-0.5	-0.48	-0.38	-0.1		-0.55	-0.87	-0.81	-0.45	-0.66	-0.85	0.8
Net Income From Continuing Ops	0.78	-0.04	0.84	0.82	0.78	0.9	0.9	0.9	0.82	0.66	0.9	-0.27	0.91	0.81	0.39	0.87	-0.29	-0.55		0.69	0.59	0.0	0.46	0.58	-0.66
Non Operating Income Net Other	0.32	-0.22	0.36	0.72	0.35	0.74	0.74	0.73	0.35	0.34	0.79	0.26	0.81	0.62	0.52	0.52	0.03	-0.87	0.69		0.73	0.27	0.83	0.81	-0.83
Tax Provision	0.27	-0.13	0.44	0.61	0.43	0.61	0.6	0.59	0.41	0.45	0.64	0.44	0.63	0.66	0.17	0.48	-0.07	-0.81	0.59	0.73		0.02	0.69	0.56	-0.53
Interest Income	0.07	0.05	-0.02	-0.05	0.01	-0.08	-0.07	-0.06	0.0	0.02	-0.05	-0.04	-0.03	-0.18	0.49	-0.22	0.14	-0.45	0.0	0.27	0.02		0.04	0.38	-0.46
Net Interest Income	-0.02	-0.22	0.21	0.67	0.23	0.61	0.61	0.59	0.18	0.34	0.66	0.49	0.67	0.58	0.2	0.4	-0.01	-0.66	0.46	0.83	0.69	0.04		0.61	-0.64
Reconciled Depreciation	0.33	-0.22	0.27	0.69	0.26	0.71	0.71	0.71	0.27	0.24	0.74	0.02	0.76	0.61	0.44	0.49	-0.03	-0.85	0.58	0.81	0.56	0.38	0.61		-0.95
Selling And Marketing Expenses	-0.38	0.18	-0.37	-0.71	-0.35	-0.73	-0.73	-0.72	-0.36	-0.33	-0.76	0.08	-0.78	-0.6	-0.54	-0.55	0.03	0.8	-0.66	-0.83	-0.53	-0.46	-0.64	-0.95

Click cells to compare fundamentals

Snap On Account Relationship Matchups

Snap On income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
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
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
Income Before Tax	922.1M	835.2M	1.1B	1.2B	1.3B	1.4B
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
Research Development	59.1M	57.4M	61.1M	60.1M	64.7M	57.7M
Minority Interest	17.7M	19.4M	(20.9M)	(22.2M)	(23.5M)	(22.3M)
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)

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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:

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Is Snap Stock a good investment?

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What is Snap On's Net Worth?

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Check out Snap On Valuation and Snap On Correlation analysis.

For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.

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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.

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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

18.75

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.

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Snap Income Statement Research

Snap On income statement Correlations

Snap On Account Relationship Matchups

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High Negative Relationship

Snap On income statement Accounts

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COMMON DESTINATIONS

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Cost Of Revenue	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax

Selling And Marketing Expenses	- 0.95	Reconciled Depreciation
Non Operating Income Net Other	- 0.87	Minority Interest
Reconciled Depreciation	- 0.85	Minority Interest
Selling And Marketing Expenses	- 0.83	Non Operating Income Net Other
Tax Provision	- 0.81	Minority Interest
Extraordinary Items	- 0.8	Total Operating Expenses