Snap-on (SNA) Gross Margin (2009 - 2026)
Snap-on's (SNA) quarterly Gross Margin came in at 47.59% in Q3 2026, up 110.0% on a YoY basis from 22.66% in Q3 2025, and up 2.35% quarter-over-quarter from 46.5% in Q2 2026.
Analysis
Snap-on (SNA) Gross Margin (2009 - 2026) Analysis & Trends
Snap-on (SNA) has reported Gross Margin for 18 consecutive years, with 47.59% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin rose 110.0% year-over-year to 47.59%; the trailing twelve-month figure through Jul 2026 stood at 46.54% (up 4.0% YoY), and the FY2026 full-year result was 46.26%, down 29.0% from the prior year.
- Gross Margin climbed to 47.59% in Q3 2026 per SNA's latest filing, from 46.5% in the prior quarter.
- Across five years, Gross Margin topped out at 47.59% in Q3 2026 and bottomed at 44.64% in Q4 2023.
- Historically, Gross Margin has averaged 46.08% across 5 years, with a median of 46.35% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 152 bps in 2022, then soared 173 bps in 2023.
- Over 5 years, Gross Margin stood at 45.07% in 2022, then retreated by 1 bps to 44.64% in 2023, then increased by 3 bps to 45.88% in 2024, then grew by 2 bps to 46.9% in 2025, then gained by 1 bps to 47.59% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 47.59%, 46.5%, and 45.19% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.33 Bn | 17.68 Bn | 635.20 Mn | 47.59% |
| 2 | Lincoln Electric Holdings | 13.67 Bn | 13.43 Bn | 449.00 Mn | 36.81% |
| 3 | Stanley Black & Decker | 13.24 Bn | 12.64 Bn | 1.31 Bn | 32.97% |
| 4 | Vontier | 4.35 Bn | 4.08 Bn | 365.00 Mn | 48.24% |
| 5 | Esab | 4.20 Bn | 3.98 Bn | 307.21 Mn | 38.04% |
| 6 | Brady | 4.05 Bn | 3.86 Bn | 231.13 Mn | 52.90% |
| 7 | Kennametal | 2.23 Bn | 2.13 Bn | 433.56 Mn | 58.86% |
| 8 | Enerpac Tool | 1.81 Bn | 1.70 Bn | 88.78 Mn | 52.99% |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 49.53% |
| 10 | Lakeland Industries | 94.48 Mn | 77.06 Mn | 14.89 Mn | 31.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 47.59% |
| Apr 4, 2026 | 46.50% |
| Jan 3, 2026 | 45.19% |
| Sep 27, 2025 | 46.90% |
| Jun 28, 2025 | 46.48% |
| Mar 29, 2025 | 46.53% |
| Dec 28, 2024 | 45.88% |
| Sep 28, 2024 | 47.12% |
| Jun 29, 2024 | 46.67% |
| Mar 30, 2024 | 46.55% |
| Dec 30, 2023 | 44.64% |
| Sep 30, 2023 | 46.10% |
| Jul 1, 2023 | 46.99% |
| Apr 1, 2023 | 46.22% |
| Dec 31, 2022 | 45.07% |
| Oct 1, 2022 | 44.76% |
| Jul 2, 2022 | 45.26% |
| Apr 2, 2022 | 45.07% |
| Oct 2, 2021 | 46.28% |
| Jul 3, 2021 | 46.49% |