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Snap-on SNA Standard Product Warranty Accrual

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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:ProductWarrantyAccrual.

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)Three Months Ended / July 4,2026Three Months Ended / June 28,2025Six Months Ended / July 4,2026Six Months Ended / June 28,2025
Warranty reserve:
Beginning of period$14.4$15.4$14.5$15.2
Additions3.43.77.37.2
Usage(3.6)(3.7)(7.6)(7.0)
End of period$14.2$15.4$14.2$15.4

Item 1: Financial Statements

FAQ

What is Snap-on's standard product warranty accrual?
Snap-on (SNA) reported standard product warranty accrual of $14.2M in Q2 2026.
How has Snap-on's standard product warranty accrual changed year-over-year?
Snap-on's standard product warranty accrual decreased by 7.8% year-over-year, from $15.4M to $14.2M.
What is the long-term trend for Snap-on's standard product warranty accrual?
Over 5 years (2020 to 2025), Snap-on's standard product warranty accrual has grown at a -3.8% compound annual growth rate (CAGR), from $17.6M to $14.5M.

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