Discontinued — last reported Q4 '23
Business Segments · Operating earnings
Snap-on Tools Group — Operating earnings
Snap-on Snap-on Tools Group — Operating earnings remained flat by 0.0% to $123.45M in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2023Feb 16, 2024
Rolls up toOperating Income
How to read this metric
An increase signals improved operational efficiency, higher margins, or volume growth, while a decrease suggests rising costs or competitive pressure.
Detailed definition
This metric measures the profitability of the business segment derived from its core operations, calculated by subtracti...
Peer comparison
Equivalent to 'Segment Operating Profit' or 'Segment EBIT', a standard measure of performance across all public companies.
Metric ID:
sna_segment_snap_on_tools_group_operating_earningsHistorical Data
9 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $98.9M | $103.5M | $98.2M | $110.5M | $116M | $123.45M | $123.45M | $123.45M | $123.45M |
| QoQ Change | — | +4.7% | -5.1% | +12.5% | +5.0% | +6.4% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +17.3% | +6.4% | — | — | — |
Range$98.2M – $123.45M
CAGR+11.7%
Avg YoY Growth+11.9%
Median YoY Growth+11.9%
Current Streak6 quarters growth
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Frequently Asked Questions
- What is Snap-on's snap-on tools group — operating earnings?
- Snap-on (SNA) reported snap-on tools group — operating earnings of $123.45M in Q4 2023.
- What does snap-on tools group — operating earnings mean?
- The profit generated by the segment from its primary business activities before interest and taxes.