Snap-on Future Growth
Future criteria checks 1/6
Snap-on is forecast to grow earnings and revenue by 6.3% and 2.3% per annum respectively. EPS is expected to grow by 7.1% per annum. Return on equity is forecast to be 18.5% in 3 years.
Key information
6.3%
Earnings growth rate
7.08%
EPS growth rate
| Machinery earnings growth | 16.7% |
| Revenue growth rate | 2.3% |
| Future return on equity | 18.50% |
| Analyst coverage | Good |
| Last updated | 01 Jul 2026 |
Recent future growth updates
Recent updates
Analysis Article • Jun 21
Snap on (SNA) Stock Could Be 13.5% Undervalued After Earnings Beat
Snap-on (SNA) is back in focus after recent earnings showed revenue growth outpacing analyst expectations, with momentum in repair systems, diagnostics, and industrial solutions drawing fresh attention to the stock. See our latest analysis for Snap-on. Following the earnings beat, Snap-on’s recent 30-day share price return of 5.62% and year-to-date share price return of 10.34% sit alongside a 1-year total shareholder return of 30.13%. This suggests that momentum has been building over both...
Narrative Update • Jun 15
SNA: Acquisitions And Buybacks Will Support Future Shareholder Returns
Analysts have maintained Snap-on's price target at $445.00, citing updated assumptions around revenue growth, profit margins, and future P/E that keep their fair value view largely unchanged. What's in the News Snap-on acquired Diesel Laptops, LLC for about US$100 million in cash, adding heavy duty truck and off highway equipment diagnostics, repair information, and digital solutions to its Repair Systems & Information Group.
Narrative Update • Jun 01
SNA: Future Buybacks And Stable Margins Will Support Shareholder Returns
Analysts now set Snap-on's fair value at about $393, up from roughly $376. This reflects updated views on its discount rate, modest revenue growth assumptions, profit margin profile, and a slightly higher future P/E multiple.
Narrative Update • May 17
SNA: Share Repurchases Will Offset Softer Revenue Outlook And Elevated Future P/E
Analysts have raised their Snap-on price target from $294 to $330, citing adjustments to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook, and a higher future P/E multiple. What's in the News Snap-on announced a new share repurchase program authorizing the buyback of up to $500 million of its common stock (Buyback Transaction Announcements).Seeking Alpha • Apr 30
Snap-on: Updating With A 'Hold' For 2026 And Beyond
Summary Snap-on Incorporated remains fundamentally strong, but current valuation is unjustified given muted growth prospects and recent margin pressures. SNA trades at a 19-20x P/E, well above its historical 15-16x range, despite forecasted AEPS growth below 4% and a projected 1.64% decline in 2025. Competitive pressures, rising labor and material costs, and a less efficient distribution model challenge SNA's ability to accelerate growth or expand margins. I assign SNA stock a Hold rating with a $240/share price target, reflecting the need for a 25%+ drop to achieve a 15% annualized return at current growth rates. Read the full article on Seeking AlphaNarrative Update • Apr 30
SNA: Ongoing Buybacks And Stable Margins Will Support Future Shareholder Returns
Analysts are maintaining Snap-on's price target at $445.00, reflecting updated views on a slightly higher discount rate, a modestly lower revenue growth assumption, a small improvement in expected profit margin, and a marginally different future P/E multiple. What's in the News Snap-on reported that from September 28, 2025 to January 3, 2026, it repurchased 227,000 shares for US$77.9 million, representing 0.44% of shares.Narrative Update • Apr 15
SNA: Shareholder Returns Will Be Supported By Ongoing Buybacks And Stable Outlook
Analysts have adjusted their price target on Snap-on to $376.44 from $361.00, citing updated assumptions around fair value, discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News From September 28, 2025 to January 3, 2026, Snap-on repurchased 227,000 shares for US$77.9 million, representing 0.44% of shares.Narrative Update • Apr 01
SNA: Slowing Revenue Outlook Will Likely Undermine Elevated Future P/E
Analysts now place Snap-on's fair value at $294, down from $307. This change reflects updates to long term revenue growth assumptions, profit margin expectations, and the P/E multiple applied to future earnings.Narrative Update • Mar 18
SNA: Ongoing Buybacks And Stable Margins Will Support Future Shareholder Returns
Narrative Update on Snap-on The analyst price target for Snap-on is unchanged at $445.00, with analysts pointing to relatively steady assumptions for the discount rate, revenue growth, profit margin, and future P/E as support for keeping the target level. What's in the News Snap-on reported that from September 28, 2025 to January 3, 2026, it repurchased 227,000 shares for $77.9 million, representing 0.44% of shares (Key Developments).Narrative Update • Mar 04
SNA: Ongoing Buybacks And Stable Margins Will Support Future Shareholder Returns
Analysts have raised their Snap-on price target from $420 to $445, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers of this change. What's in the News Snap-on reported that from September 28, 2025 to January 3, 2026, it repurchased 227,000 shares for US$77.9 million, representing 0.44% of shares outstanding under its current buyback authorization (Key Developments).Narrative Update • Feb 18
SNA: Completed Buybacks And Stable Margins Will Support Future Shareholder Returns
Analysts now set their Snap-on price target at $420, up from $405. This reflects updated assumptions for the discount rate, long term revenue growth, profit margins, and a slightly higher future P/E multiple.Narrative Update • Feb 04
SNA: Higher Dividend Will Likely Fail To Justify Elevated P/E
Analysts are holding Snap on's fair value estimate steady at about $307.00 per share, with only slight tweaks to inputs such as discount rate, revenue growth, profit margin, and future P/E that reflect incremental refinements rather than a change in overall view. What's in the News Snap-on's board of directors approved an increase in the quarterly common stock dividend to $2.44 per share, compared with the prior $2.14 per share (Key Developments).Narrative Update • Jan 21
SNA: Dividend Hike And Rich P/E Will Likely Prove Unsustainable
Analysts have maintained their fair value estimate for Snap at US$307.00, citing a slightly higher discount rate, a modest increase in long-term revenue growth and profit margin assumptions, and a lower future P/E multiple in their updated model. What's in the News The board of directors approved a new quarterly common stock dividend of US$2.44 per share, compared with the previous US$2.14 per share.Narrative Update • Jan 06
SNA: Higher Dividend And Buybacks Will Support Future Shareholder Returns
Analysts now set their fair value estimate for Snap-on at US$405, up US$5 from the prior US$400. They cite updated assumptions around revenue growth, profit margins and a slightly higher discount rate, alongside a lower future P/E expectation.Analysis Article • Jan 06
We Think Snap-on (NYSE:SNA) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Dec 15
SNA: Future Earnings Multiple Expansion Will Likely Prove Unsustainable
Analysts have raised their price target on Snap-on from 236 dollars to 307 dollars, citing meaningfully higher expectations for revenue growth, improving profit margins, and a richer future earnings multiple despite a slightly higher discount rate. What's in the News The board approves a 14.0% increase in the quarterly common stock dividend to 2.44 dollars per share, payable December 10, 2025, to shareholders of record on November 21, 2025 (Key Developments).Narrative Update • Nov 30
SNA: Shareholder Payouts Will Remain Supported by Higher Dividend and Buybacks
Analysts have maintained their price target for Snap-on at $361.00, citing steady key fundamentals and a consistent financial outlook as the rationale for their unchanged valuation. What's in the News Snap-on's board of directors raised the quarterly common stock dividend to $2.44 per share, which is a 14 percent increase from the previous $2.14 (Key Developments).Narrative Update • Nov 16
SNA: Shareholder Returns Will Remain Supported by Dividend Hike and Buybacks
Narrative Update: Snap-on Analyst Price Target Analysts have maintained their fair value estimate for Snap-on at $361.00. This reflects continued confidence in the company's outlook based on stable revenue growth and profit margin expectations.Analysis Article • Nov 10
Snap-on (NYSE:SNA) Is Increasing Its Dividend To $2.44
The board of Snap-on Incorporated ( NYSE:SNA ) has announced that the dividend on 10th of December will be increased to...Narrative Update • Nov 01
SNA: Steady Share Buybacks And Marginal Profit Gains Will Support Future Stability
Analysts have raised their price target for Snap-on from $357.88 to $361.00, citing slight improvements in profit margin forecasts and future earnings expectations. What's in the News Snap-on completed a share repurchase tranche of 91,739 shares, representing 0.18% of total shares, for $30.09 million between June 29, 2025 and September 27, 2025 (Key Developments).Narrative Update • Oct 18
Digitalization And Skilled Trades Will Fuel Lasting Automotive Repair Demand
Analysts have raised their price target for Snap-on from $350.13 to $357.88, citing improved expectations for revenue growth and profit margins. Valuation Changes Fair Value Estimate has increased from $350.13 to $357.88, reflecting a moderate upward revision.Analysis Article • Oct 05
Is Snap-on (NYSE:SNA) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Sep 19
Digitalization And Skilled Trades Will Fuel Lasting Automotive Repair Demand
The increase in Snap-on’s consensus price target reflects improved revenue growth expectations and a lower future P/E multiple, raising fair value from $338.50 to $350.12. What's in the News From March 30, 2025 to June 28, 2025, Snap-on repurchased 121,746 shares (0.23%) for $38.45 million, concluding a total of 8,209,340 shares (14.7%) for $1,426.13 million under the 1996 buyback plan.Narrative Update • Sep 04
Digitalization And Skilled Trades Will Fuel Lasting Automotive Repair Demand
With both revenue growth forecasts and discount rate estimates unchanged, analysts have left their consensus fair value for Snap-on steady at $338.50 per share. What's in the News Repurchased 121,746 shares for $38.45 million under the 1996 buyback, totaling 8,209,340 shares (14.7%) for $1,426.13 million.Analysis Article • Aug 28
Snap-on Incorporated's (NYSE:SNA) Earnings Are Not Doing Enough For Some Investors
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 20x, you may...Seeking Alpha • Mar 23
Snap-on: Still An Incredible Company, Even After Decades Of Success
Summary Snap-on Inc. has shown consistent growth with a 10.8% average annual net profit increase over the past decade. The company benefits from the aging car market and the growing complexity of EVs and hybrids, driving demand for advanced tools. Snap-on's capital expenditures have decreased as a percentage of net income, indicating efficient innovation without excessive costs. Despite initial skepticism, Snap-on's strong financials and market position make it a compelling investment opportunity. Read the full article on Seeking AlphaSeeking Alpha • Feb 11
Snap-on: Either You Buy It Now Or You Wait For A Better Entry (Probably) Until Infinity
Summary Investing in Snap-on shares has been a rewarding decision, with consistent monthly investments since 2020 and a strong belief in the company's fundamentals. Despite being relatively expensive with a P/E ratio of 17, Snap-on's management excels in maintaining business stability and outperforming peers like Stanley Black & Decker. Snap-on's diversified business and strong balance sheet, including significant cash reserves and minimal debt, highlight its resilience in challenging market conditions. The company's commitment to dividend growth, with a 14% average increase over the last decade, underscores its appeal for long-term investors. Read the full article on Seeking AlphaSeeking Alpha • Dec 01
Snap-on: Getting Ahead Of Itself
Summary Snap-on's recent bull run is likely ending, with a projected -12% return, due to competitive pressures and limited multiple expansion potential. Despite strong past performance, plateauing sales growth and e-commerce disruption pose significant challenges to Snap-on's future prospects. Valuation concerns arise as Snap-on's P/E ratio gap with peers has narrowed, limiting room for further multiple expansion. Risks include potential stronger-than-expected demand and Snap-on's brand reputation, which may slow e-commerce disruption. Read the full article on Seeking AlphaSeeking Alpha • Sep 20
Snap-on Is A Snappy Investment Opportunity
Summary Snap-on boasts a strong balance sheet, and growing margins, and is undervalued compared to peers, making it a compelling dividend income investment with growth potential. SNA benefits from macro trends like increased used car sales and lower steel prices, enhancing its revenue and operational efficiencies. The company has significant growth opportunities in the Commercial & Industrial Group and emerging markets, supported by its strong financial fundamentals. SNA's consistent dividend growth, attractive payout ratio, and undervaluation based on multiples analysis make it a solid long-term investment for dividend reinvestment plans. Read the full article on Seeking AlphaEarnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 5,410 | 1,236 | 1,163 | 1,271 | 1 |
| 12/31/2027 | 5,109 | 1,124 | 1,131 | 1,208 | 9 |
| 12/31/2026 | 4,908 | 1,052 | 1,097 | 1,189 | 9 |
| 4/4/2026 | 5,221 | 1,023 | 1,078 | 1,152 | N/A |
| 1/3/2026 | 5,156 | 1,017 | 1,006 | 1,082 | N/A |
| 9/27/2025 | 5,115 | 1,014 | 1,027 | 1,107 | N/A |
| 6/28/2025 | 5,071 | 1,000 | 1,022 | 1,103 | N/A |
| 3/29/2025 | 5,070 | 1,021 | 1,083 | 1,167 | N/A |
| 12/28/2024 | 5,108 | 1,044 | 1,134 | 1,218 | N/A |
| 9/28/2024 | 5,103 | 1,041 | 1,134 | 1,221 | N/A |
| 6/29/2024 | 5,110 | 1,033 | 1,141 | 1,232 | N/A |
| 3/30/2024 | 5,115 | 1,026 | 1,108 | 1,201 | N/A |
| 12/30/2023 | 5,108 | 1,011 | 1,059 | 1,154 | N/A |
| 9/30/2023 | 5,059 | 995 | 971 | 1,068 | N/A |
| 7/1/2023 | 4,994 | 976 | 821 | 912 | N/A |
| 4/1/2023 | 4,933 | 943 | 696 | 783 | N/A |
| 12/31/2022 | 4,843 | 912 | 591 | 675 | N/A |
| 10/1/2022 | 4,794 | 897 | 610 | 687 | N/A |
| 7/2/2022 | 4,729 | 869 | 670 | 744 | N/A |
| 4/2/2022 | 4,674 | 845 | 770 | 841 | N/A |
| 1/1/2022 | 4,602 | 821 | 897 | 967 | N/A |
| 10/2/2021 | 4,574 | 806 | 981 | 1,062 | N/A |
| 7/3/2021 | 4,477 | 789 | 1,025 | 1,099 | N/A |
| 4/3/2021 | 4,117 | 682 | 1,047 | 1,115 | N/A |
| 1/2/2021 | 3,942 | 627 | 943 | 1,009 | N/A |
| 9/26/2020 | 3,814 | 589 | 827 | 888 | N/A |
| 6/27/2020 | 3,772 | 574 | 715 | 795 | N/A |
| 3/28/2020 | 3,999 | 653 | N/A | 687 | N/A |
| 12/28/2019 | 4,068 | 694 | N/A | 675 | N/A |
| 9/28/2019 | 4,064 | 698 | N/A | 694 | N/A |
| 6/29/2019 | 4,058 | 697 | N/A | 693 | N/A |
| 3/30/2019 | 4,059 | 695 | N/A | 734 | N/A |
| 12/29/2018 | 4,070 | 680 | N/A | 765 | N/A |
| 9/29/2018 | 4,090 | 634 | N/A | 742 | N/A |
| 6/30/2018 | 4,092 | 605 | N/A | 708 | N/A |
| 3/31/2018 | 4,055 | 579 | N/A | 648 | N/A |
| 12/30/2017 | 4,000 | 558 | N/A | 609 | N/A |
| 9/30/2017 | 3,910 | 575 | N/A | 576 | N/A |
| 7/1/2017 | 3,833 | 573 | N/A | 592 | N/A |
| 4/1/2017 | 3,775 | 560 | N/A | 627 | N/A |
| 12/31/2016 | 3,712 | 546 | N/A | 576 | N/A |
| 10/1/2016 | 3,663 | 532 | N/A | 571 | N/A |
| 7/2/2016 | 3,640 | 517 | N/A | 573 | N/A |
| 4/2/2016 | 3,608 | 497 | N/A | 571 | N/A |
| 1/2/2016 | 3,593 | 479 | N/A | 507 | N/A |
| 10/3/2015 | 3,595 | 464 | N/A | 449 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNA's forecast earnings growth (6.3% per year) is above the savings rate (3.5%).
Earnings vs Market: SNA's earnings (6.3% per year) are forecast to grow slower than the US market (18.4% per year).
High Growth Earnings: SNA's earnings are forecast to grow, but not significantly.
Revenue vs Market: SNA's revenue (2.3% per year) is forecast to grow slower than the US market (12.7% per year).
High Growth Revenue: SNA's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNA's Return on Equity is forecast to be low in 3 years time (18.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/05 02:59 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/04/04 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Snap-on Incorporated is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luke Junk | Baird |
| John Babcock | Barclays |
| Gary Prestopino | Barrington Research Associates, Inc. |