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Snap-on Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Snap-on holds $8.5B in total assets. Shareholders' equity is $6.0B against $1.3B in total debt. Cash and equivalents total $1.8B. The current ratio is 3.53 and debt-to-equity is 0.215. Based on the Q2 2026 filing.

Total Assets$8.5BTotal Stockholders Equity$6.0BLong Term Debt$886.9MCash And Equivalents$1.8BTotal Current Assets$4.5BTotal Current Liabilities$1.3B
Latest FilingQ2 2026
Report Date2026-04-23
Market Cap$19.4B
P/E Ratio18.95
ROE17.83%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$265.9M$281.3M$269.8M$271.3M$229.1M$253.6M
Accrued compensation$86.1M$63.8M$72.9M$84.5M$77.2M$66.2M
Accrued expenses$457.7M$492.6M$454.3M$483.8M$465.1M$519.0M
Contract liabilities$63.8M$73.4M$76.7M$74.7M$73.5M$80.7M
Notes payable and current maturities of long-term debt————$16.2M$316.2M
Current portion of long-term debt$500.0K$400.0K$500.0K$400.0K$0.0$299.7M
Finance Lease Liability, Current$500.0K———$400.0K—
Operating lease liabilities, current$25.0M$26.2M$27.7M$27.8M$27.5M$27.9M
Standard Product Warranty Accrual$15.2M$15.4M$15.4M$15.1M$14.5M$14.4M
Total current liabilities$961.5M$999.9M$941.5M$996.8M$918.5M$1.3B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$852.7M$891.9M$882.7M$966.9M$921.8M$931.1M
Allowance for Credit Losses - Receivable (Current)$24.5M$25.2M$25.6M$26.0M$24.8M$25.1M
Allowance for Doubtful Accounts$37.1M$39.2M$40.3M$41.2M$40.4M$40.4M
Allowance for Doubtful Accounts Receivable (Current)$37.1M$39.2M$40.3M$41.2M$40.4M$40.4M
Cash and cash equivalents$1.4B$1.4B$1.5B$1.5B$1.6B$1.8B
Customer Collateral Assets$70.9M$71.1M$72.1M$73.8M$66.2M$64.4M
Finance Receivables (Current)$730.3M$736.8M$743.4M$751.6M$720.2M$725.6M
Allowance for Credit Losses on Financing Receivables$54.7M$55.2M$55.8M$55.8M$56.0M$55.3M
Financing Receivables$1.8B$1.8B$1.8B$1.8B$1.8B$1.7B
Finished goods$840.1M$854.0M$878.4M$900.7M$902.7M$898.3M
Raw materials$153.2M$154.5M$167.7M$172.4M$173.7M$171.9M
Work in process$72.5M$75.8M$76.8M$78.2M$75.5M$78.0M
Inventories$1.1B$1.1B$1.1B$1.2B$1.2B$1.1B
Inventory LIFO Reserve$943.4M$961.2M$997.7M$1.0B$1.0B$1.0B
Prepaid expenses and other current assets$139.6M$155.8M$177.8M$149.4M$151.5M$157.6M
Total current assets$4.0B$4.1B$4.2B$4.4B$4.4B$4.5B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Employee Benefits (Non-Current)$19.4M$18.9M$18.4M$17.9M$17.7M$17.2M
Defined Benefit Pension Plan Liabilities (Non-Current)$78.4M$77.7M$77.1M$75.0M$85.7M$81.7M
Finance lease liabilities$1.0M$1.1M$1.2M$1.1M$1.0M$900.0K
Finance Lease Liabilities (Total)$1.5M$1.5M$1.7M$1.5M$1.4M$1.3M
Long-term debt$1.2B$1.2B$1.2B$1.2B$1.2B$886.9M
Retirement and nonpension postretirement benefit obligations$78.4M$77.7M$77.1M$75.0M$85.7M$81.7M
Operating lease liabilities, non-current$68.6M$70.0M$67.4M$64.6M$61.8M$67.9M
Operating Lease Liabilities (Total)$93.6M$96.2M$95.1M$92.4M$89.3M$95.8M
Other non-current liabilities$92.9M$93.2M$93.3M$97.0M$98.4M$97.7M
Total liabilities$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$557.7M$543.5M$563.3M$572.4M$578.5M$575.1M
Accumulated other comprehensive income (loss)-$575.0M-$499.5M-$402.5M-$393.7M-$354.8M-$375.9M
Common stock67.5M250M250M250M250M250M
Common Stock Par Value Per Share$1.00$1.00$1.00$1.00$1.00$1.00
Common Stock Shares Issued67.5M67.5M67.5M67.5M67.5M67.5M
Common Stock Shares Outstanding—$216.5M$178.9M$209.7M—$208.4M
Convertible Preferred Stock Authorized Shares15M15M15M15M15M15M
Convertible Preferred Stock Outstanding Shares000000
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$67.5M$67.5M$67.5M$67.5M$67.5M$67.5M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Noncontrolling interests$22.9M$23.3M$24.0M$24.8M$25.0M$25.0M
Number of Exercisable Options—1.4M1.3M1.2M—1.2M
Preferred stock$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock Par Value Per Share$1.00$1.00$1.00$1.00$1.00$1.00
Retained earnings$7.6B$7.7B$7.9B$8.0B$8.1B$8.3B
Share-Based Payment Award Options Outstanding - Number1.7M1.8M1.7M1.6M1.5M1.6M
Total liabilities and stockholders' equity$7.9B$8.1B$8.2B$8.4B$8.4B$8.5B
Total stockholders' equity$5.4B$5.5B$5.7B$5.8B$5.9B$6.0B
Treasury stock$2.2B$2.3B$2.4B$2.4B$2.5B$2.6B
Weighted Average Exercise Price of Outstanding Options$190.73$208.18$209.48$211.71$214.14$235.12

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net loans$754.8M$762.0M$769.0M$777.6M$745.0M$750.7M
Deferred tax assets$73.5M$79.5M$78.6M$74.3M$87.0M$92.8M
Deferred Tax Assets and Other Non-Current Assets$17.3M$17.2M$18.0M$24.1M$25.1M$23.3M
Equipment Installment Plan Receivables (Non-Current), Net$1.7B$1.7B$1.7B$1.7B$1.7B$1.7B
Accumulated Amortization on Finance Lease Assets$15.5M$800.0K$800.0K$900.0K$1.0M$1.1M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—$11.9M$12.7M$13.3M—$11.8M
Finite Lived Intangible Assets - Gross$350.1M$356.7M$354.4M$360.1M$366.1M$368.7M
Goodwill$1.1B$1.1B$1.1B$1.1B$1.1B$1.1B
Indefinite-Lived Intangible Assets$138.1M$142.7M$146.2M$146.5M$138.5M$136.9M
Indefinite-Lived Trademarks$138.1M$142.7M$146.2M$146.5M$138.5M$136.9M
Intangible Assets Gross (Excluding Goodwill)$488.2M$499.4M$500.6M$506.6M$504.6M$505.6M
Intangible assets, net$267.6M$128.7M$128.9M$128.9M$132.2M$130.3M
Net Investment in Lease$89.4M$91.7M$90.1M$87.2M$83.7M$89.9M
Deferred tax assets$78.0M$78.3M$78.5M$73.5M$72.5M$74.3M
Prepaid pension assets$125.4M$127.2M$130.5M$130.1M$173.8M$173.3M
Intangible assets — net$129.5M$128.7M$128.9M$128.9M$132.2M$130.3M
Other intangible assets—net$267.6M$271.4M$275.1M$275.4M$270.7M$267.2M
Long-term financing receivables (net of allowances of $27 in 2026 and $34 in 2025)$1.7B$1.7B$1.7B$1.7B$1.7B$1.7B
Operating lease right-of-use assets$89.4M$91.7M$90.1M$87.2M$83.7M$89.9M
Other non-current assets$17.3M$17.2M$18.0M$24.1M$25.1M$23.3M
Property, plant and equipment, net$542.6M$547.7M$557.8M$559.7M$552.3M$547.7M
Operating lease right-of-use assets$89.4M$2.3M$2.4M$2.4M$2.4M$2.3M
Operating Lease Right-of-Use Assets in Other Assets$89.4M$91.7M$90.1M$87.2M$83.7M$89.9M
Other non-current assets$125.4M$127.2M$130.5M$130.1M$173.8M$173.3M
Accumulated depreciation$1.1B$1.1B$1.1B$1.1B$1.1B$1.1B
Total property and equipment, gross$1.6B$1.6B$1.7B$1.7B$1.6B$1.7B
Property and equipment, net$542.6M$547.7M$557.8M$559.7M$552.3M$547.7M
Software and Technology Licenses, Net$17.3M$17.2M$18.0M$24.1M$25.1M$23.3M
Total assets$7.9B$8.1B$8.2B$8.4B$8.4B$8.5B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Revenue Timing Percentage—65.0%60.0%55.0%—70.0%
Allowance for doubtful accounts$37.1M$39.2M$40.3M$41.2M$40.4M$40.4M
Short-term financing receivables held for investment, allowances$24.5M$25.2M$25.6M$26.0M$24.8M$25.1M
Long-term financing receivables, allowances$54.7M$55.2M$55.8M$55.8M$56.0M$55.3M
Common stock, par value (in dollars per share)$1.0$1.0$1.0$1.0$1.0$1.0
Common stock, shares authorized (in shares)$250.0M$250.0M$250.0M$250.0M$250.0M$250.0M
Common stock, shares issued (in shares)$67.5M$67.5M$67.5M$67.5M$67.5M$67.5M
Contract with Customer, Liability$63.8M$73.4M$76.7M$74.7M$73.5M$80.7M
Shares needed for settlement of deferred compensation obligations (in shares)68.1K71.3K72.5K72.5K73K73.5K
Deferred income taxes$73.5M$79.5M$78.6M$74.3M$87.0M$92.8M
Current maturities of long-term debt$500.0K$400.0K$500.0K$400.0K$400.0K$400.0K
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$1.5M$1.5M$1.6M$1.5M$1.4M$1.2M
Finance Lease, Right-of-Use Asset, Accumulated Amortization$15.5M$800.0K$800.0K$900.0K$1.0M$1.1M
Property, plant and equipment$17.0M$2.3M$2.4M$2.4M$2.4M$2.3M
Estimated annual amortization expense for fiscal period 2031—$8.0M$8.2M$8.2M—$6.7M
Finite-Lived Intangible Assets, Accumulated Amortization$220.6M$228.0M$225.5M$231.2M$233.9M$238.4M
2028—$17.5M$18.8M$19.6M—$16.8M
2030—$11.9M$12.7M$13.3M—$11.8M
2031—$8.3M$8.4M$8.5M—$10.6M
2027—$21.9M$22.7M$23.0M—$19.0M
2029—$14.9M$16.2M$17.1M—$13.7M
Gross Carrying Amount$350.1M$356.7M$354.4M$360.1M$366.1M$368.7M
Accumulated impairment losses—$0.0$0.0$0.0—$0.0
Non-amortized trademarks$138.1M$142.7M$146.2M$146.5M$138.5M$136.9M
Indefinite- lived intangible impairment$488.2M$499.4M$500.6M$506.6M$504.6M$505.6M
Raw materials$153.2M$154.5M$167.7M$172.4M$173.7M$171.9M
Noncontrolling interests in subsidiaries$22.9M$23.3M$24.0M$24.8M$25.0M$25.0M
Notes And Loans Receivable Gross Current$754.8M$762.0M$769.0M$777.6M$745.0M$750.7M
Number of portfolio segments—2.002.002.00—2.00
Other accrued liabilities$457.7M$492.6M$454.3M$483.8M$465.1M$519.0M
Percentage of FIFO method of inventory in total inventory57.0%59.0%62.0%63.0%62.0%61.0%
Postemployment benefit obligation$19.4M$18.9M$18.4M$17.9M$17.7M$17.2M
Preferred Stock, Par or Stated Value Per Share$1.0$1.0$1.0$1.0$1.0$1.0
Preferred Stock, Shares Authorized$15.0M$15.0M$15.0M$15.0M$15.0M$15.0M
Preferred Stock, Shares Outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Standard and Extended Product Warranty Accrual$15.2M$15.4M$15.4M$15.1M$14.5M$14.4M
Products and services, number of categories—————3.00
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number—$1.4M$1.3M$1.2M—$1.2M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number$1.7M$1.8M$1.7M$1.6M$1.5M$1.6M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$190.7$208.2$209.5$211.7$214.1$235.1
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value—$216.5M$178.9M$209.7M—$208.4M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price—$179.8$181.1$182.2—$197.6
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value—$202.0M$168.9M$193.1M—$198.5M
Treasury stock, shares (in shares)$15.1M$15.2M$15.3M$15.5M$15.6M$15.7M
Purchase Obligation—$202.6M$197.7M$199.1M—$216.3M