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Snap-on SNA Shipping and Handling — Operating Expenses

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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$21.67B+28.5%
Enterprise value$21.01B+26.0%
P/E21×+4.1×
P/S4.1×+0.8×

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:OperatingExpenses.

The source filing: Snap-on’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 5:05 PM EST
Fiscal year
FY2025
Accession
0000091440-26-000045

Shipping and handling: Amounts billed to customers for shipping and handling are included as a component of sales. Costs incurred by Snap-on for shipping and handling are included as a component of cost of goods sold when the costs relate to manufacturing activities and when billed to customers as part of the sales transaction. In 2025, 2024 and 2023, Snap-on incurred shipping and handling charges of $66.9 million, $65.5 million and $72.0 million, respectively, that were recorded in “Cost of goods sold” on the accompanying Consolidated Statements of Earnings. Shipping and handling costs incurred in conjunction with selling or distribution activities are included as a component of operating expenses. Shipping and handling charges were $108.8 million in 2025, $116.4 million in 2024 and $107.8 million in 2023; these charges were recorded in “Operating expenses” on the accompanying Consolidated Statements of Earnings. Other freight-related costs recorded in “Operating expenses” on the accompanying Consolidated Statements of Earnings in 2023 totaled $11.5 million.

Item 16: Form 10-K Summary

FAQ

What is Snap-on's shipping and handling — operating expenses?
Snap-on (SNA) reported shipping and handling — operating expenses of $27.2M in Q4 2025.
How has Snap-on's shipping and handling — operating expenses changed year-over-year?
Snap-on's shipping and handling — operating expenses decreased by 6.5% year-over-year, from $29.1M to $27.2M.
What is the long-term trend for Snap-on's shipping and handling — operating expenses?
Over 4 years (2021 to 2025), Snap-on's shipping and handling — operating expenses has grown at a 1.9% compound annual growth rate (CAGR), from $100.9M to $108.8M.
What does shipping and handling — operating expenses mean?
This metric represents the total operating costs incurred by the company to facilitate the logistics, warehousing, and distribution of products to end customers or distribution points. It encompasses expenses related to freight, order fulfillment, packaging, and the management of supply chain logistics for the specific business segment. Monitoring these costs is essential for evaluating the efficiency of the company's distribution network and its ability to manage inflationary pressures in transportation and labor.

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