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Snap-on SNA Financial services revenue — Labor and Related Expense

Other product segments

Product And Services, Excluding Financial Services
$181M+8.1%

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Other financials

Income statement

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Revenue$1.3B+4.2%
Operating income$336.4M+2.8%
Net income$260.6M+4.1%
EPS (diluted)$4.96+5.1%

Balance sheet

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Cash & equivalents$1.6B+12.8%
Total debt$993.5M-22.6%
Total equity$6.0B+5.7%
Total assets$8.6B+5.4%

Cash flow

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Operating cash flow$271.5M+14.5%
CapEx$23.1M+17.3%
Free cash flow$248.4M+14.2%

Valuation

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Market cap$21.45B+27.2%
Enterprise value$20.8B+24.7%
P/E20.8×+3.9×
P/S4.1×+0.7×

Profitability

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Gross margin52.8%
Operating margin25.4%-0.1pp
Net margin19.6%-0.1pp
FCF margin21%+0.9pp

Returns & leverage

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Return on equity17.6%-0.6pp
Debt / equity0.2×-0.1×
Current ratio3.4×-1.0×

Where this comes from

Reported directly by Snap-on in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Snap-on’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 11:05 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000091440-26-000144
(Amounts in millions)Commercial & / Industrial / GroupSnap-on / Tools / GroupRepair Systems / & Information / GroupFinancial / ServicesTotal / Segments
Segment gross profit168.8244.2222.2635.2
Financial services revenue99.799.7
Segment operating and financial services expenses
Personnel(61.6)(50.8)(68.6)(9.0)
Shipping and handling costs(8.4)(22.0)
Depreciation and amortization(1.8)(1.9)(4.5)(0.3)
Provisions for credit losses(18.0)
Other segment expenses*(30.5)(54.4)(34.0)(4.9)

Item 1: Financial Statements

FAQ

What is Snap-on's financial services revenue — labor and related expense?
Snap-on (SNA) reported financial services revenue — labor and related expense of $9M in Q2 2026.
How has Snap-on's financial services revenue — labor and related expense changed year-over-year?
Snap-on's financial services revenue — labor and related expense decreased by 1.1% year-over-year, from $9.1M to $9M.
What is the long-term trend for Snap-on's financial services revenue — labor and related expense?
Over 3 years (2022 to 2025), Snap-on's financial services revenue — labor and related expense has grown at a 4.0% compound annual growth rate (CAGR), from $32.6M to $36.7M.
What does financial services revenue — labor and related expense mean?
This includes all compensation, benefits, and payroll-related costs for personnel dedicated to the financial services segment. It reflects the human capital investment required to manage credit underwriting, collections, and customer service.

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