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Discontinued — last reported Q2 '24

Business Segments · Acquisition adjustments

Commercial & Industrial Group — Acquisition adjustments

Snap-on Commercial & Industrial Group — Acquisition adjustments decreased by 300.0% to -$26.4M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 420.0%, from $8.25M to -$26.4M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2017
Last reportedQ2 2024Jul 18, 2024

How to read this metric

An increase in negative adjustments often reflects recent M&A activity or integration costs, while positive adjustments may indicate the reversal of previous estimates or specific accounting gains.

Detailed definition

Represents the non-recurring financial impacts resulting from the integration of acquired businesses within the commerci...

Peer comparison

Commonly reported by industrial conglomerates as 'acquisition-related costs' or 'purchase accounting adjustments' in segment reconciliations.

Metric ID: sna_segment_commercial_industrial_group_acquisition_adjustments

Historical Data

11 periods
 Q1 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24
Value$18.3M-$125K-$125K-$125K-$125K$8.25M$8.25M$8.25M$8.25M$13.2M-$26.4M
QoQ Change-100.7%+0.0%+0.0%+0.0%>999%+0.0%+0.0%+0.0%+60.0%-300.0%
YoY Change-100.7%>999%>999%>999%>999%+60.0%-420.0%
Range-$26.4M$18.3M
CAGR+15.8%
Avg YoY Growth>999%
Median YoY Growth>999%

Frequently Asked Questions

What is Snap-on's commercial & industrial group — acquisition adjustments?
Snap-on (SNA) reported commercial & industrial group — acquisition adjustments of -$26.4M in Q2 2024.
How has Snap-on's commercial & industrial group — acquisition adjustments changed year-over-year?
Snap-on's commercial & industrial group — acquisition adjustments decreased by 420.0% year-over-year, from $8.25M to -$26.4M.
What does commercial & industrial group — acquisition adjustments mean?
The financial impact of accounting adjustments related to businesses acquired by the commercial and industrial segment.