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Snap-on Inc (SNA)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Jan-01-22Jan-02-21Dec-28-19Dec-29-18Dec-30-17Dec-31-16Jan-02-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Product And Services, Excluding Financial Services  5,138.14,848.04,116.74,293.14,291.54,237.33,962.1 
    Snap-on Tools  2,072.01,938.6     1,568.7
    Commercial & Industrial  1,399.21,406.3     1,163.6
    Financial Services  349.7349.7349.7337.7329.7313.4281.4 
    Other         620.5
Total revenues   [+]4,468.64,228.33,942.24,067.74,070.44,000.33,711.83,352.8
            Revenue growth   [+]5.7%7.3%-3.1%-0.1%1.8%7.8%10.7%2.3%
Cost of goods sold   [+]0.00.00.00.00.00.00.01,774.6
Gross profit  4,468.64,228.33,942.24,067.74,070.44,000.33,711.81,578.2
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%47.1%
Selling, general and administrative         1,053.7
Equity in earnings   1.50.30.90.71.22.51.3
Other operating expenses  3,261.43,104.83,061.73,105.43,114.33,118.22,850.7-240.3
EBITDA   [+]1,307.41,229.8977.51,055.61,050.9976.5949.2848.6
            EBITDA margin  29.3%29.1%24.8%26.0%25.8%24.4%25.6%25.3%
Depreciation  71.575.673.370.168.865.661.457.8
EBITA  1,235.91,154.2904.2985.5982.1910.9887.8790.8
            EBITA margin  27.7%27.3%22.9%24.2%24.1%22.8%23.9%23.6%
Amortization of intangibles  28.729.223.422.325.327.624.224.7
EBIT   [+]1,207.21,125.0880.8963.2956.8883.3863.6766.1
            EBIT margin  27.0%26.6%22.3%23.7%23.5%22.1%23.3%22.8%
Interest expense, net   [+]34.151.052.347.549.852.151.651.4
Other income (expense), net  29.512.96.76.42.9-9.3-10.6-4.2
Pre-tax income  1,202.61,086.9835.2922.1909.9821.9801.4710.5
Income taxes  268.7247.0189.1211.8214.4250.9244.3221.2
            Tax rate  22.3%22.7%22.6%23.0%23.6%30.5%30.5%31.1%
Minority interest  22.220.919.417.716.314.513.211.9
Net income  911.7820.5627.0693.5679.9557.7546.4478.7
            Net margin  20.4%19.4%15.9%17.0%16.7%13.9%14.7%14.3%
   
Basic EPS   [+]$17.14$15.22$11.55$12.59$12.08$9.72$9.40$8.24
Diluted EPS   [+]$16.82$14.92$11.44$12.41$11.87$9.52$9.20$8.10
   
Dividends per share   [+]$5.88$5.11$4.47$3.93$3.41$2.95$2.54$2.20
   
Shares outstanding (basic)   [+]53.253.954.355.156.357.458.158.1
Shares outstanding (diluted)   [+]54.255.054.855.957.358.659.459.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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