Snap-On Inc (SNA) — Tangible Net Worth Ratio

Latest as of December 2025: 95.5%

Snap-On Inc (SNA) has a Tangible Net Worth Ratio of 95.5% as of December 2025. This metric is calculated by deducting intangible assets ($270.70 Million) from net assets ($5.96 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See SNA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.5%
Tangible equity / total equity

Net Assets (Equity)

$5.96 Billion
USD

Intangible Assets

$270.70 Million
Goodwill, patents, brand value

Total Assets

$8.41 Billion
USD

Snap-On Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Snap-On Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 95.5%, reflecting net assets of $5.96 Billion with intangible assets of $270.70 Million USD. See how many days can Snap-On Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Snap-On Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Snap-On Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Snap-On Inc (SNA) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 95.5% $5.96 Billion $270.70 Million $8.41 Billion ▲ +0.4 pp
2024 95.1% $5.42 Billion $267.60 Million $7.90 Billion ▲ +0.3 pp
2023 94.7% $5.09 Billion $268.90 Million $7.54 Billion ▲ +0.8 pp
2022 93.9% $4.50 Billion $275.60 Million $6.97 Billion ▲ +1.1 pp
2021 92.8% $4.20 Billion $301.70 Million $6.76 Billion ▼ -0.4 pp
2020 93.2% $3.85 Billion $260.80 Million $6.56 Billion ▲ +0.3 pp
2019 92.9% $3.43 Billion $243.90 Million $5.69 Billion ▲ +0.4 pp
2018 92.5% $3.12 Billion $232.90 Million $5.37 Billion ▲ +1.1 pp
2017 91.5% $2.97 Billion $253.70 Million $5.25 Billion ▼ -1.5 pp
2016 93.0% $2.64 Billion $184.60 Million $4.72 Billion ▲ +1.0 pp
2015 92.0% $2.43 Billion $195.00 Million $4.49 Billion ▲ +1.1 pp
2014 90.9% $2.23 Billion $203.30 Million $4.31 Billion ▼ -0.2 pp
2013 91.1% $2.13 Billion $190.50 Million $4.11 Billion ▲ +1.3 pp
2012 89.7% $1.82 Billion $187.20 Million $3.90 Billion ▲ +1.9 pp
2011 87.8% $1.55 Billion $188.30 Million $3.67 Billion ▲ +1.6 pp
2010 86.3% $1.40 Billion $192.80 Million $3.73 Billion ▲ +2.1 pp
2009 84.2% $1.31 Billion $206.20 Million $3.45 Billion ▲ +2.6 pp
2008 81.6% $1.19 Billion $218.30 Million $2.71 Billion ▼ -0.1 pp
2007 81.7% $1.28 Billion $234.80 Million $2.77 Billion ▲ +5.6 pp
2006 76.0% $1.08 Billion $257.80 Million $2.65 Billion ▼ -17.3 pp
2005 93.3% $962.20 Million $64.00 Million $2.01 Billion ▼ -0.3 pp
2004 93.7% $1.11 Billion $70.00 Million $2.29 Billion ▲ +41.9 pp
2003 51.8% $1.01 Billion $487.10 Million $2.14 Billion ▲ +3.9 pp
2002 48.0% $830.40 Million $432.10 Million $1.99 Billion ▼ -44.2 pp
2001 92.2% $775.80 Million $60.70 Million $1.97 Billion ▲ +42.5 pp
2000 49.7% $844.00 Million $424.60 Million $2.05 Billion ▲ +13.5 pp
1999 36.2% $825.30 Million $526.20 Million $2.15 Billion ▼ -29.3 pp
1998 65.5% $762.30 Million $262.90 Million $1.67 Billion ▼ -1.1 pp
1997 66.6% $892.10 Million $298.20 Million $1.64 Billion ▼ -8.9 pp
1996 75.5% $828.20 Million $202.80 Million $1.52 Billion ▼ -6.8 pp
1995 82.3% $750.70 Million $132.70 Million $1.36 Billion ▼ -5.2 pp
1994 87.5% $766.40 Million $96.00 Million $1.23 Billion ▼ -0.3 pp
1993 87.8% $701.70 Million $85.70 Million $1.22 Billion ▼ -2.6 pp
1992 90.4% $664.70 Million $64.10 Million $1.18 Billion ▼ -3.2 pp
1991 93.5% $652.70 Million $42.30 Million $915.40 Million ▼ -3.0 pp
1990 96.5% $636.40 Million $22.40 Million $907.90 Million ▼ -0.4 pp
1989 96.9% $572.70 Million $18.00 Million $777.60 Million ▲ +0.1 pp
1988 96.8% $505.20 Million $16.20 Million $667.50 Million ▲ +0.6 pp
1987 96.2% $457.50 Million $17.20 Million $615.80 Million ▲ +1.3 pp
1986 95.0% $383.00 Million $19.30 Million $526.60 Million ▼ -5.0 pp
1985 100.0% $337.30 Million $0.00 $459.90 Million
pp = percentage points