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Snap SNAP Asset turnover

Asset turnover at other companies

Apple logo
AppleAAPL
1.3×+0.1×
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
0.6×0.0×
Pinterest, Inc. logo
Pinterest, Inc.PINS
0.9×0.0×
Reddit logo
RedditRDDT
0.8×+0.2×
New York Times logo
New York TimesNYT
+0.1×
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$1.5B+12.1%
Gross profit$863.6M+19.3%
Operating income-$74.4M+61.6%
Net income-$89.0M+36.3%
EPS (diluted)-$0.05+37.5%

Balance sheet

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Cash & equivalents$1.1B+16.5%
Total debt$4.2B-0.2%
Total equity$2.1B-9.8%
Total assets$7.5B-1.2%

Cash flow

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Operating cash flow$326.8M+116%
CapEx$40.8M+9.6%
Free cash flow$286.0M+150%

Valuation

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Market cap$7.72B-47.4%
Enterprise value$10.86B-39.6%
P/S1.3×-1.4×

Profitability

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Gross margin55.8%+1.7pp
Operating margin-7.6%-2.0pp
Net margin-7.5%-1.4pp
FCF margin10%+4.6pp

Returns & leverage

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Return on equity-20.7%-2.7pp
Debt / equity+0.2×
Current ratio3.5×-0.8×

Where this comes from

Calculated from Snap’s reported figures.

Based on trailing twelve months.

The official record: Snap’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Snap's asset turnover?
Snap (SNAP) reported asset turnover of 0.8× in Q1 2026.
How has Snap's asset turnover changed year-over-year?
Snap's asset turnover increased by 7.8% year-over-year, from 0.7× to 0.8×.
What is the long-term trend for Snap's asset turnover?
Over 5 years (2020 to 2025), Snap's asset turnover has grown at a 6.5% compound annual growth rate (CAGR), from 0.6× to 0.8×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.