Snap-on (SNA)
NYSEIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-09-04
NYSEIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-09-04
QuarterlyIQ Insights · SNA
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue disciplined capital expenditure program targeting about $100 million for the full year 2026 to support growth initiatives and operational needs.
Stated as a priority in 6 of last 6 quarters. Management consistently projects capital expenditures of approximately $100 million for 2026, with $44.3 million incurred in the first half of the year. The trajectory is delivering as planned with disciplined capex spending aligned to stated targets.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“we project that capital expenditures in 2026 will approximate $100 million”
“we project that capital expenditures in 2026 will approximate $100 million”
“we project that capital expenditures in 2026 will approximate $100 million”
“we project that capital expenditures in 2025 will approximate $100 million”
“we project that capital expenditures in 2025 will approximate $100 million”
“we project that capital expenditures in 2025 will approximate $100 million”
Continue to manage the effective income tax rate within a range of 22% to 23% for the full year 2026 as part of financial planning and guidance.
Stated as a priority in 6 of last 6 quarters. The effective income tax rate was 22.0% in 2026-Q1 and 21.9% in 2026-Q2, consistent with management's guidance range of 22% to 23% for full-year 2026. The trajectory matches management's stated target.
“The second quarter effective income tax rate was 21.9% in 2026”
“The first quarter effective income tax rate was 22.0% in 2026”
“The fourth quarter effective income tax rate was 22.3% in 2025”
“The third quarter effective income tax rate was 22.6% in 2025”
“The second quarter effective income tax rate was 22.5% in 2025”
“The first quarter effective income tax rate was 22.2% in 2025”
Focus on expanding sales organically in critical industries, repair shop owners, and managers, leveraging product innovation and franchise network enhancements.
Stated as a priority in 6 of last 6 quarters. Organic sales growth was 3.0% in 2026-Q2 and 3.4% in 2026-Q1, reflecting ongoing progress in critical industries and repair shop segments. The trajectory shows delivering growth consistent with management's stated focus.
“organic sales up 3.0%; continuing sales growth in the U.S. Tools Group and gains in critical industries”
“organic sales up 3.4%; robust sales growth with customers in critical industries”
“organic sales up 1.4%; activity with customers in critical industries improving”
“organic sales up 3.0%; progress in critical industries including power tools and precision torque”
“organic sales decline of 0.7%; advanced with OEM dealerships and independent shops”
“mixed sales results; extension in critical industries outside the military”
Snap-on aims to keep capital expenditures at approximately $100 million for the fiscal year 2026.
Over the trailing year it converted 1.30x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=6654).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
Not enough signal yet.
Not investment advice. As of 2026-09-04.