Snap-on (NYSE:SNA) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.11b (flat on FY 2023).
• Net income: US$1.04b (up 3.2% from FY 2023).
• Profit margin: 20% (in line with FY 2023).
• EPS: US$19.85 (up from US$19.11 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Snap-on Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

The primary driver behind last 12 months revenue was the Snap-on Tools Group segment contributing a total revenue of US$1.99b (39% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$1.21b (75% of total expenses). Explore how SNA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in the US.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Snap-on's balance sheet and an in-depth analysis of the company's financial position.

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