Snap-on (SNA) Interest Coverage Ratio (2009 - 2026)
Snap-on (SNA) posted quarterly Interest Coverage Ratio of 1.3 for Q3 2026, down 94.96% year-on-year 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 reported Interest Coverage Ratio for 18 consecutive years, with 1.3 the latest figure, recorded 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 slipped to 1.3 in Q3 2026 per SNA's latest filing, from 1.53 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for SNA reached as high as 48.81 in Q4 2024 and fell as low as 1.3 in Q3 2026.
- A 5-year average of 24.57 and a median of 25.77 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 88.24% — and 2026, when it sank 94.96%.
- Year by year, Interest Coverage Ratio stood at 25.99 in 2022, then grew by 26.31% to 32.83 in 2023, then soared by 48.67% to 48.81 in 2024, then sank by 96.61% to 1.66 in 2025, then decreased by 21.54% to 1.3 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.3, 1.53, and 45.28 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 1.30 |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 1.37 |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 12.61 |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | -23.03 |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 2.08 |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 0.60 |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 12.68 |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 0.08 |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 0.60 |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | -4.53 |
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 | 48.81 |
| Sep 28, 2024 | 24.19 |
| Jun 29, 2024 | 28.50 |
| Mar 30, 2024 | 24.76 |
| Dec 30, 2023 | 32.83 |
| 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 |