Snap-on (SNA) Interest Coverage Ratio (2009 - 2026)
Snap-on's (SNA) quarterly Interest Coverage Ratio came in at 1.3 in Q3 2026, down 94.96% YoY from 25.77 in Q3 2025, and down 15.03% on a QoQ basis from 1.53 in Q2 2026.
Snap-on (SNA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Snap-on (SNA) has 18 years of Interest Coverage Ratio data on file, last reported at 1.3 in Q3 2026.
- Quarterly Interest Coverage Ratio fell 94.96% year-over-year to 1.3 in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 5.19 (down 94.92% YoY) and the FY2026 annual result came in at 6.35, down 76.59% from the prior year.
- Interest Coverage Ratio declined to 1.3 in Q3 2026, from 1.53 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 45.28 in Q1 2026 to a low of 1.3 in Q3 2026.
- A 5-year average of 23.36 and a median of 24.76 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio surged 114.44% — and 2026, when it slumped 94.96%.
- Tracing SNA's Interest Coverage Ratio over 5 years: stood at 25.99 in 2022, then declined by 28.25% to 18.65 in 2023, then surged by 114.44% to 39.99 in 2024, then tumbled by 95.86% to 1.66 in 2025, then declined by 21.54% to 1.3 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.3 (Q3 2026), 1.53 (Q2 2026), and 45.28 (Q1 2026), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.34 Bn | 18.69 Bn | 635.20 Mn | 27.35 |
| 2 | RBC Bearings | 15.98 Bn | 15.85 Bn | 247.80 Mn | 13.94 |
| 3 | Lincoln Electric Holdings | 15.43 Bn | 15.19 Bn | 449.00 Mn | - |
| 4 | Stanley Black & Decker | 14.98 Bn | 14.39 Bn | 1.31 Bn | -22.36 |
| 5 | Toro | 9.64 Bn | 9.46 Bn | 482.70 Mn | 13.18 |
| 6 | Timken | 8.71 Bn | 8.31 Bn | 399.30 Mn | 3.24 |
| 7 | Kennametal | 2.30 Bn | 2.21 Bn | 433.56 Mn | 30.22 |
| 8 | Hillman Solutions | 1.64 Bn | 1.61 Bn | 208.09 Mn | - |
| 9 | Eastern | 148.15 Mn | 133.01 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 1.30 |
| Apr 4, 2026 | 1.53 |
| Jan 3, 2026 | 45.28 |
| Sep 27, 2025 | 1.66 |
| Jun 28, 2025 | 25.77 |
| Mar 29, 2025 | 23.04 |
| Dec 28, 2024 | 39.99 |
| Sep 28, 2024 | 24.19 |
| Jun 29, 2024 | 28.50 |
| Mar 30, 2024 | 24.76 |
| Dec 30, 2023 | 18.65 |
| Sep 30, 2023 | 27.89 |
| Jul 1, 2023 | 27.29 |
| Apr 1, 2023 | 23.98 |
| Dec 31, 2022 | 25.99 |
| Oct 1, 2022 | 20.13 |
| Jul 2, 2022 | 26.66 |
| Apr 2, 2022 | 20.82 |
| Jan 1, 2022 | 36.39 |
| Oct 2, 2021 | 20.14 |