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Snap-on SNA Commercial & Industrial Group — Exit and disposal costs

Discontinued — last reported Q4 '21

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Other financials

Income statement

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Revenue$1.3B+5.2%
Operating income$318.8M+1.7%
Net income$247.0M+2.7%
EPS (diluted)$4.69+4.0%

Balance sheet

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Cash & equivalents$1.8B+22.2%
Total debt$1.3B0.0%
Total equity$6.0B+7.9%
Total assets$8.5B+5.5%

Cash flow

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Operating cash flow$368.7M+23.5%
CapEx$21.2M-7.4%
Free cash flow$347.5M+26.1%

Valuation

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Market cap$20.06B+22.2%
Enterprise value$19.59B+20.5%
P/E19.6×+3.5×
P/S3.8×+0.6×

Profitability

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Gross margin52.8%
Operating margin25.5%-0.5pp
Net margin19.6%-0.5pp

Returns & leverage

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Return on equity17.8%-1.3pp
Debt / equity0.2×0.0×
Current ratio3.5×-0.6×

Where this comes from

Reported directly by Snap-on in its filing.

Tagged under the XBRL concept us-gaap:BusinessExitCosts1.

The official record: Snap-on’s 10-K, filed February 11, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Snap-on's commercial & industrial group — exit and disposal costs?
Snap-on (SNA) reported commercial & industrial group — exit and disposal costs of $0 in Q4 2021.
What does commercial & industrial group — exit and disposal costs mean?
The costs incurred by the segment for restructuring, closing facilities, or selling off parts of the business.
How do you interpret commercial & industrial group — exit and disposal costs?
High costs indicate significant restructuring efforts, which may lead to improved future profitability but represent a short-term drag on earnings.
How does commercial & industrial group — exit and disposal costs compare across companies?
Often categorized as 'Restructuring Charges' or 'Impairment and Exit Costs' in segment-level financial disclosures.