Discontinued — last reported Q4 '23
Business Segments · Operating earnings
Commercial & Industrial Group — Operating earnings
Snap-on Commercial & Industrial Group — Operating earnings remained flat by 0.0% to $56.53M 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 indicates improved operational efficiency, better pricing power, or higher sales volume, while a decrease signals margin pressure or rising operational costs.
Detailed definition
Measures the profitability of the commercial and industrial segment derived from its core business operations, excluding...
Peer comparison
Equivalent to 'Segment Operating Income' or 'Segment EBIT' reported by most diversified industrial and manufacturing companies.
Metric ID:
sna_segment_commercial_industrial_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 | $50.70M | $55.50M | $53.60M | $50.10M | $45.70M | $56.53M | $56.53M | $56.53M | $56.53M |
| QoQ Change | — | +9.5% | -3.4% | -6.5% | -8.8% | +23.7% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -9.9% | +23.7% | — | — | — |
Range$45.70M – $56.53M
CAGR+5.6%
Avg YoY Growth+6.9%
Median YoY Growth+6.9%
Current Streak4 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Snap-on's commercial & industrial group — operating earnings?
- Snap-on (SNA) reported commercial & industrial group — operating earnings of $56.53M in Q4 2023.
- What does commercial & industrial group — operating earnings mean?
- The profit generated by the segment from its core business activities before interest and taxes.