OverviewSuggest Edit

Snap-on is a global manufacturer and marketer of tools, equipment, diagnostics, repair information, and system solutions for professional users performing critical tasks. Its products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment, and other solutions. The company serves for vehicle dealerships and repair centers as well as for customers across the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries.

TypePublic
Founded1920
HQKenosha, US
Websitesnapon.com
Employee Ratings3.5

Locations

Snap-on is headquartered in
Kenosha, United States

Location Map

Latest Updates

Employees (est.) (Jan 2020)12,800(+2%)
Job Openings135
Revenue (FY, 2019)$4.1 B
Share Price (Oct 2020)$169.4
Cybersecurity ratingCMore

Key People/Management at Snap-on

Nicholas T. Pinchuk

Nicholas T. Pinchuk

Chairman of the Board and Chief Executive Officer
Govind K. Arora

Govind K. Arora

Vice President – Worldwide Strategic Sourcing
James P. Holden

James P. Holden

Director
Jesus Arregui

Jesus Arregui

Senior Vice President and President – Commercial Group
Nathan J. Jones

Nathan J. Jones

Director
Anup R. Banerjee

Anup R. Banerjee

Senior Vice President – Human Resources and Chief Development Officer
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Snap-on Office Locations

Snap-on has offices in Kenosha, Algona, Conway, Elizabethton and in 53 other locations
Kenosha, US (HQ)
2801 80th St
Algona, US
2600 US-18
Conway, US
309 Exchange Ave
Elizabethton, US
2195 State Line Rd
Elkmont, US
18771 Carters Cir
Lebanon, US
10 Technology Dr, West Lebanon
Show all (57)

Snap-on Financials and Metrics

Snap-on Revenue

Snap-on's revenue was reported to be $4.07 b in FY, 2019
USD

Revenue (FY, 2019)

4.1b

Net income (FY, 2019)

693.5m

EBIT (FY, 2019)

962.3m

Market capitalization (23-Oct-2020)

9.2b

Closing stock price (23-Oct-2020)

169.4

Cash (28-Dec-2019)

184.5m

EV

10.5b
Snap-on's current market capitalization is $9.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.7b4.0b4.1b4.1b

Revenue growth, %

8%2%

Cost of goods sold

1.8b2.0b2.0b

Gross profit

1.9b2.0b2.1b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

963.9m999.1m982.8m1.0b1.0b980.1m1.0b1.0b985.9m

Cost of goods sold

463.1m481.3m478.0m490.0m491.7m466.9m249.5m250.5m476.8m

Gross profit

500.8m517.8m504.8m528.5m544.9m513.2m757.8m784.9m509.1m

Gross profit Margin, %

52%52%51%52%53%52%75%76%52%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

77.6m92.0m140.9m184.5m

Accounts Receivable

598.8m675.6m692.6m694.6m

Prepaid Expenses

116.5m110.7m92.8m110.2m

Inventories

530.5m638.8m673.8m760.4m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

559.6m572.2m696.2m711.2m

Depreciation and Amortization

85.6m93.2m94.1m92.4m

Inventories

(32.7m)(76.0m)(38.6m)

Accounts Payable

16.3m(2.2m)27.5m(2.6m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

145.1m301.9m439.0m166.8m349.5m516.9m182.1m367.0m536.2m

Depreciation and Amortization

23.1m45.9m69.4m24.0m48.0m71.2m22.6m45.6m68.5m

Inventories

(17.3m)(48.3m)(86.9m)(10.2m)(24.5m)(49.3m)(33.2m)(52.8m)(97.3m)

Accounts Payable

20.3m27.7m26.5m9.5m25.4m25.2m1.8m16.6m9.2m
USDFY, 2016

Revenue/Employee

322.8k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
Show all financial metrics

Snap-on Acquisitions / Subsidiaries

Company NameDateDeal Size
Power Hawk Technologies IncApril 03, 2019

Snap-on Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Snap-on Revenue Breakdown

Embed Graph

Snap-on revenue breakdown by business segment: 34.9% from Snap-on Tools Group, 29.1% from Commercial & Industrial Group, 28.9% from Repair Systems & Information Group and 7.1% from Financial Services

Snap-on revenue breakdown by geographic segment: 19.3% from Europe , 13.7% from All Other and 67.0% from United States

Snap-on Online and Social Media Presence

Embed Graph

Snap-on News and Updates

Snap-on shares slide 6% as revenue falls short of estimates

Shares of tool maker Snap-on Inc. fell 6% in early trade Wednesday, after the company posted weaker-than-expected revenue for the fourth quarter. Kenosha, Wis.-based Snap-on said it had net income of $175.0 million, or $3.09 in the quarter, up from $129.5 million, or $2.24 a a share, in the year-ea…

Cut Off Tools Global Market 2018: Key Players – Snap-on, BAHCO, Mac Tools, HUSKY, DEWALT

Wiseguyreports.Com adds “Cut Off Tools Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Snap-on Closures Market is Projected to Expand at a CAGR of 5.1% During 2018-2027

VALLEY COTTAGE, New York, December 4, 2018 /PRNewswire/ -- Future Market Insights (FMI) provides key insights on the snap-on closures market in its latest report titled "Snap-on Closures Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2027". In terms of...
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Snap-on Frequently Asked Questions

  • When was Snap-on founded?

    Snap-on was founded in 1920.

  • Who are Snap-on key executives?

    Snap-on's key executives are Nicholas T. Pinchuk, Govind K. Arora and James P. Holden.

  • How many employees does Snap-on have?

    Snap-on has 12,800 employees.

  • What is Snap-on revenue?

    Latest Snap-on annual revenue is $4.1 b.

  • What is Snap-on revenue per employee?

    Latest Snap-on revenue per employee is $317.8 k.

  • Who are Snap-on competitors?

    Competitors of Snap-on include Dover, SuZhou THVOW Technology and Apex Tool Group.

  • Where is Snap-on headquarters?

    Snap-on headquarters is located at 2801 80th St, Kenosha.

  • Where are Snap-on offices?

    Snap-on has offices in Kenosha, Algona, Conway, Elizabethton and in 53 other locations.

  • How many offices does Snap-on have?

    Snap-on has 57 offices.