Snap-On Inc (SNA) - Net Assets
Based on the latest financial reports, Snap-On Inc (SNA) has net assets worth $5.96 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.41 Billion) and total liabilities ($2.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Snap-On Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.96 Billion |
| % of Total Assets | 70.81% |
| Annual Growth Rate | 7.44% |
| 5-Year Change | 41.7% |
| 10-Year Change | 126.05% |
| Growth Volatility | 7.89 |
Snap-On Inc - Net Assets Trend (1985–2025)
This chart illustrates how Snap-On Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Snap-On Inc for the complete picture of this company's asset base.
Annual Net Assets for Snap-On Inc (1985–2025)
The table below shows the annual net assets of Snap-On Inc from 1985 to 2025. For live valuation and market cap data, see SNA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.96 Billion | +9.96% |
| 2024-12-31 | $5.42 Billion | +6.35% |
| 2023-12-31 | $5.09 Billion | +13.10% |
| 2022-12-31 | $4.50 Billion | +7.13% |
| 2021-12-31 | $4.20 Billion | +9.29% |
| 2020-12-31 | $3.85 Billion | +12.12% |
| 2019-12-31 | $3.43 Billion | +10.01% |
| 2018-12-31 | $3.12 Billion | +4.92% |
| 2017-12-31 | $2.97 Billion | +12.79% |
| 2016-12-31 | $2.64 Billion | +8.41% |
| 2015-12-31 | $2.43 Billion | +9.23% |
| 2014-12-31 | $2.23 Billion | +4.45% |
| 2013-12-31 | $2.13 Billion | +17.12% |
| 2012-12-31 | $1.82 Billion | +17.56% |
| 2011-12-31 | $1.55 Billion | +10.18% |
| 2010-12-31 | $1.40 Billion | +7.57% |
| 2009-12-31 | $1.31 Billion | +10.04% |
| 2008-12-31 | $1.19 Billion | -7.31% |
| 2007-12-31 | $1.28 Billion | +18.94% |
| 2006-12-31 | $1.08 Billion | +11.86% |
| 2005-12-31 | $962.20 Million | -13.37% |
| 2004-12-31 | $1.11 Billion | +9.87% |
| 2003-12-31 | $1.01 Billion | +21.74% |
| 2002-12-31 | $830.40 Million | +7.04% |
| 2001-12-31 | $775.80 Million | -8.08% |
| 2000-12-31 | $844.00 Million | +2.27% |
| 1999-12-31 | $825.30 Million | +8.26% |
| 1998-12-31 | $762.30 Million | -14.55% |
| 1997-12-31 | $892.10 Million | +7.72% |
| 1996-12-31 | $828.20 Million | +10.32% |
| 1995-12-31 | $750.70 Million | -2.05% |
| 1994-12-31 | $766.40 Million | +9.22% |
| 1993-12-31 | $701.70 Million | +5.57% |
| 1992-12-31 | $664.70 Million | +1.84% |
| 1991-12-31 | $652.70 Million | +2.56% |
| 1990-12-31 | $636.40 Million | +11.12% |
| 1989-12-31 | $572.70 Million | +13.36% |
| 1988-12-31 | $505.20 Million | +10.43% |
| 1987-12-31 | $457.50 Million | +19.45% |
| 1986-12-31 | $383.00 Million | +13.55% |
| 1985-12-31 | $337.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Snap-On Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2520.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.14 Billion | 137.18% |
| Common Stock | $67.50 Million | 1.14% |
| Other Comprehensive Income | $-354.80 Million | -5.98% |
| Total Equity | $5.93 Billion | 100.00% |
Snap-On Inc Competitors by Market Cap
The table below lists competitors of Snap-On Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amer Sports, Inc.
NYSE:AS
|
$19.42 Billion |
|
China Shenhua Energy Company Limited
F:IKF
|
$19.42 Billion |
|
Expeditors International of Washington, Inc.
NASDAQ:EXPD
|
$19.44 Billion |
|
Expeditors International of Washington, Inc.
NYSE:EXPD
|
$19.47 Billion |
|
SNAM S.P.A. ADR 2
F:SNM0
|
$19.32 Billion |
|
Shandong Gold Mining Co Ltd
SHG:600547
|
$19.31 Billion |
|
Charter Communications Inc
NASDAQ:CHTR
|
$19.30 Billion |
|
Vantage Towers AG
HM:VTWR
|
$19.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Snap-On Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,394,100,000 to 5,931,800,000, a change of 537,700,000 (10.0%).
- Net income of 1,016,900,000 contributed positively to equity growth.
- Dividend payments of 462,200,000 reduced retained earnings.
- Share repurchases of 328,600,000 reduced equity.
- Other comprehensive income increased equity by 220,200,000.
- Other factors increased equity by 91,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.02 Billion | +17.14% |
| Dividends Paid | $462.20 Million | -7.79% |
| Share Repurchases | $328.60 Million | -5.54% |
| Other Comprehensive Income | $220.20 Million | +3.71% |
| Other Changes | $91.40 Million | +1.54% |
| Total Change | $- | 9.97% |
Book Value vs Market Value Analysis
This analysis compares Snap-On Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 68.24x to 3.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $5.48 | $374.00 | x |
| 1986-12-31 | $6.20 | $374.00 | x |
| 1987-12-31 | $7.33 | $374.00 | x |
| 1988-12-31 | $8.07 | $374.00 | x |
| 1989-12-31 | $9.30 | $374.00 | x |
| 1990-12-31 | $10.29 | $374.00 | x |
| 1991-12-31 | $10.43 | $374.00 | x |
| 1992-12-31 | $10.47 | $374.00 | x |
| 1993-12-31 | $10.96 | $374.00 | x |
| 1994-12-31 | $11.95 | $374.00 | x |
| 1995-12-31 | $12.10 | $374.00 | x |
| 1996-12-31 | $13.41 | $374.00 | x |
| 1997-12-31 | $14.47 | $374.00 | x |
| 1998-12-31 | $12.71 | $374.00 | x |
| 1999-12-31 | $14.01 | $374.00 | x |
| 2000-12-31 | $14.40 | $374.00 | x |
| 2001-12-31 | $13.35 | $374.00 | x |
| 2002-12-31 | $14.19 | $374.00 | x |
| 2003-12-31 | $17.31 | $374.00 | x |
| 2004-12-31 | $19.05 | $374.00 | x |
| 2005-12-31 | $16.48 | $374.00 | x |
| 2006-12-31 | $18.18 | $374.00 | x |
| 2007-12-31 | $21.84 | $374.00 | x |
| 2008-12-31 | $20.42 | $374.00 | x |
| 2009-12-31 | $22.28 | $374.00 | x |
| 2010-12-31 | $23.78 | $374.00 | x |
| 2011-12-31 | $26.08 | $374.00 | x |
| 2012-12-31 | $30.60 | $374.00 | x |
| 2013-12-31 | $35.76 | $374.00 | x |
| 2014-12-31 | $37.36 | $374.00 | x |
| 2015-12-31 | $40.82 | $374.00 | x |
| 2016-12-31 | $44.06 | $374.00 | x |
| 2017-12-31 | $50.41 | $374.00 | x |
| 2018-12-31 | $54.08 | $374.00 | x |
| 2019-12-31 | $60.99 | $374.00 | x |
| 2020-12-31 | $69.80 | $374.00 | x |
| 2021-12-31 | $76.03 | $374.00 | x |
| 2022-12-31 | $82.68 | $374.00 | x |
| 2023-12-31 | $94.09 | $374.00 | x |
| 2024-12-31 | $100.82 | $374.00 | x |
| 2025-12-31 | $111.92 | $374.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Snap-On Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.72%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.42x
- Recent ROE (17.14%) is above the historical average (15.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 17.70% | 10.10% | 1.29x | 1.36x | $25.97 Million |
| 1986 | 17.10% | 9.77% | 1.27x | 1.37x | $27.20 Million |
| 1987 | 19.37% | 11.75% | 1.22x | 1.35x | $42.85 Million |
| 1988 | 22.43% | 13.26% | 1.28x | 1.32x | $62.78 Million |
| 1989 | 18.28% | 11.75% | 1.15x | 1.36x | $47.43 Million |
| 1990 | 15.84% | 10.82% | 1.03x | 1.43x | $37.16 Million |
| 1991 | 11.21% | 8.30% | 0.96x | 1.40x | $7.93 Million |
| 1992 | 9.93% | 6.71% | 0.84x | 1.77x | $-470.00K |
| 1993 | 12.23% | 7.58% | 0.93x | 1.74x | $15.63 Million |
| 1994 | 12.83% | 8.23% | 0.97x | 1.61x | $21.66 Million |
| 1995 | 15.09% | 8.77% | 0.95x | 1.81x | $38.23 Million |
| 1996 | 15.88% | 8.85% | 0.98x | 1.84x | $48.68 Million |
| 1997 | 16.86% | 8.99% | 1.02x | 1.84x | $61.19 Million |
| 1998 | -0.63% | -0.27% | 1.06x | 2.20x | $-81.03 Million |
| 1999 | 15.41% | 6.54% | 0.91x | 2.60x | $44.67 Million |
| 2000 | 17.59% | 6.83% | 1.06x | 2.43x | $64.10 Million |
| 2001 | 2.45% | 0.91% | 1.06x | 2.54x | $-58.58 Million |
| 2002 | 12.76% | 5.03% | 1.06x | 2.40x | $22.96 Million |
| 2003 | 7.79% | 3.52% | 1.04x | 2.12x | $-22.39 Million |
| 2004 | 7.36% | 3.39% | 1.05x | 2.06x | $-29.37 Million |
| 2005 | 9.65% | 4.07% | 1.14x | 2.09x | $-3.32 Million |
| 2006 | 9.30% | 4.08% | 0.92x | 2.47x | $-7.53 Million |
| 2007 | 14.16% | 6.38% | 1.03x | 2.16x | $53.19 Million |
| 2008 | 19.95% | 8.30% | 1.05x | 2.28x | $118.05 Million |
| 2009 | 10.40% | 5.68% | 0.69x | 2.67x | $5.20 Million |
| 2010 | 13.43% | 7.12% | 0.70x | 2.69x | $47.65 Million |
| 2011 | 18.05% | 9.68% | 0.78x | 2.40x | $123.21 Million |
| 2012 | 16.99% | 10.42% | 0.75x | 2.17x | $125.89 Million |
| 2013 | 16.58% | 11.46% | 0.74x | 1.94x | $138.98 Million |
| 2014 | 19.11% | 12.87% | 0.76x | 1.95x | $201.12 Million |
| 2015 | 19.84% | 14.28% | 0.75x | 1.86x | $237.43 Million |
| 2016 | 20.88% | 15.93% | 0.73x | 1.80x | $284.68 Million |
| 2017 | 18.88% | 15.13% | 0.70x | 1.78x | $262.31 Million |
| 2018 | 21.94% | 18.18% | 0.70x | 1.73x | $370.02 Million |
| 2019 | 20.34% | 18.59% | 0.66x | 1.67x | $352.59 Million |
| 2020 | 16.39% | 17.45% | 0.55x | 1.71x | $244.51 Million |
| 2021 | 19.62% | 17.83% | 0.68x | 1.62x | $402.31 Million |
| 2022 | 20.34% | 18.83% | 0.69x | 1.56x | $463.57 Million |
| 2023 | 19.94% | 19.79% | 0.68x | 1.49x | $503.97 Million |
| 2024 | 19.35% | 20.43% | 0.65x | 1.46x | $504.49 Million |
| 2025 | 17.14% | 19.72% | 0.61x | 1.42x | $423.72 Million |
Industry Comparison
This section compares Snap-On Inc's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $466,251,004
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Snap-On Inc (SNA) | $5.96 Billion | 17.70% | 0.41x | $19.42 Billion |
| Chicago Rivet & Machine Co (CVR) | $14.10 Million | 7.09% | 0.19x | $8.74 Million |
| Eastern Co (EML) | $29.20 Million | 12.67% | 0.57x | $115.70 Million |
| Hillman Solutions Corp (HLMN) | $364.59 Million | -6.72% | 5.77x | $1.55 Billion |
| Kennametal Inc (KMT) | $251.50 Million | 5.13% | 0.88x | $2.75 Billion |
| Lincoln Electric Holdings Inc (LECO) | $932.45 Million | 26.54% | 1.58x | $14.62 Billion |
| RBC Bearings Incorporated (RBC) | $834.55 Million | 10.44% | 0.37x | $17.69 Billion |
| Stanley Black & Decker Inc (SWK) | $705.50 Million | 13.48% | 1.19x | $11.40 Billion |
| Toughbuilt Industries Inc (TBLT) | $-432.97K | 0.00% | 0.00x | $433.63 |
| Timken Company (TKR) | $1.06 Billion | 5.19% | 0.47x | $7.35 Billion |
About Snap-On Inc
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, such as wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punc… Read more