NYSE$SNA

Snap-on Incorporated · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Snap-on reported mixed results for Q4 2024, with slight revenue growth and improved EPS.

Snap-on's Q4 2024 saw a slight increase in net sales and improved operating margin before financial services. Diluted EPS increased to $4.82 from $4.75 in the previous year. The company highlighted the resilience of its markets and the capabilities of its team.

  • Net sales increased by 0.2% to $1,198.7 million.
  • Diluted EPS rose to $4.82, compared to $4.75 in Q4 2023.
  • Operating margin before financial services improved by 50 basis points to 22.1%.
  • Commercial & Industrial Group segment sales increased due to higher sales to customers in critical industries.

Headline financials

Total Revenue

$1.3B

Previous: $1.29B+0.4%
EPS (adj)

$4.82

Previous: $4.75+1.5%
Capital Expenditures

-$18.1M

Previous: -$21.1M+14.2%
Free Cash Flow

$275M

No prior period
Net Income

$258M

Previous: $255M+1.1%
Operating Income

$332M

Previous: $326M+1.9%
Gross Profit

$663M

Previous: $646M+2.7%

Revenue & EPS history

Snap-on · Revenue · Quarterly

$1.3B

Q4 2024+0.4%vs Q4 2023
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

Snap-on · $1.41B total across 4 segments · Q3 2023

  • Snap-on Tools
    $515M+3.8%
  • Repair Systems & Info
    $432M+4.3%
  • Commercial & Industrial
    $366M+2.7%
  • Financial Services
    $94.9M+8.7%

Forward guidance

Snap-on anticipates ongoing progress in 2025, leveraging its capabilities in automotive repair and expanding its customer base in adjacent markets and geographies. The company projects capital expenditures of approximately $100 million and expects its full-year effective income tax rate to be in the range of 22% to 23%.

Tailwinds

  • Leveraging capabilities proven in the automotive repair arena.
  • Developing and expanding its professional customer base.
  • Extending in critical industries where the cost and penalties for failure can be high.
  • Capital expenditures in 2025 will approximate $100 million.
  • Full-year 2025 effective income tax rate will be in the range of 22% to 23%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.6%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+1.9%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+11.4%

Q4 2013

Best reaction

-10.9%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-1.3%-4.0%
Q4 2025-3.2%-1.4%-2.8%
Q3 2025+3.5%+4.0%-0.8%
Q2 2025+1.4%+1.5%+3.4%
Q1 2025-8.0%-9.2%-0.1%
Q4 2024-4.6%-5.3%-3.9%
Q3 2024+9.4%+8.5%+19.8%
Q2 2024-1.8%-0.3%+0.2%
Q1 2024-5.2%-4.3%-1.6%
Q4 2023-10.9%-11.0%+0.3%
Q3 2023+1.0%+1.5%+10.9%
Q2 2023-6.4%-7.2%-8.8%
Q1 2023+9.7%+7.5%+8.8%
Q4 2022+3.7%+1.6%-0.1%
Q3 2022-2.8%+2.1%+10.6%
Q2 2022+2.6%+3.9%+10.7%
Q1 2022-1.7%-3.0%-7.2%
Q4 2021+1.3%+0.4%-1.7%
Q3 2021-7.7%-9.8%-5.4%
Q2 2021+0.2%-1.6%-2.0%
Q1 2021+0.7%+1.1%+5.5%
Q4 2020+4.0%+6.8%+22.5%
Q3 2020+9.1%+2.0%+11.4%
Q2 2020-1.2%+2.0%+3.5%
Q1 2020-0.8%+1.2%+15.9%
Q4 2019-4.9%-5.0%-13.4%
Q3 2019-0.3%+2.9%+3.6%
Q2 2019-2.4%+0.7%-4.1%
Q1 2019+6.7%+8.5%+3.4%
Q4 2018-7.6%-6.0%-4.8%
Q3 2018-10.2%-11.0%-1.4%
Q2 2018+9.8%+4.7%+10.8%
Q1 2018+2.2%+1.8%+4.7%
Q4 2017-4.7%-5.4%-8.0%
Q3 2017+4.3%+5.7%+2.3%
Q2 2017-4.9%-4.9%-6.2%
Q1 2017+7.0%+6.8%+1.2%
Q4 2016-5.8%-7.5%-5.4%
Q3 2016+6.3%+5.1%+12.5%
Q2 2016-2.1%-2.4%-4.8%
Q1 2016-0.4%
Q4 2015-8.6%
Q3 2015+2.4%
Q2 2015-1.5%
Q1 2015+3.2%
Q4 2014+7.3%
Q3 2014+6.8%
Q2 2014+3.9%
Q1 2014+3.4%
Q4 2013+11.4%
Q3 2013+3.2%
Q2 2013+2.5%
Q1 2013-1.6%
Q4 2012-2.3%
Q3 2012+2.2%
Q2 2012+10.3%
Q1 2012+3.4%
Q4 2011+2.8%
Q3 2011+4.6%
Q2 2011-2.8%
Q4 2009+2.5%
Q1 2011+2.5%
Q3 2010+3.4%
Q4 2010-1.7%
Q2 2010-1.7%
Q1 2010+1.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro