Snap-on (SNA) Interest Coverage Ratio (2009 - 2026)
Snap-on's (SNA) quarterly Interest Coverage Ratio came in at 27.35 in Q3 2026, up 2.78% on a YoY basis from 26.61 in Q3 2025, and up 6.38% quarter-over-quarter from 25.71 in Q2 2026.
Analysis
Snap-on (SNA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Snap-on (SNA) has reported Interest Coverage Ratio for 18 consecutive years, with 27.35 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Coverage Ratio rose 2.78% year-over-year to 27.35; the trailing twelve-month figure through Jul 2026 stood at 26.58 (up 1.46% YoY), and the FY2026 full-year result was 26.29, down 3.1% from the prior year.
- Interest Coverage Ratio rose to 27.35 in Q3 2026 per SNA's latest filing, from 25.71 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 36.39 in Q1 2022 and bottomed at 24.57 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 26.88 across 5 years, with a median of 26.3 in 2023.
- The widest YoY moves for Interest Coverage Ratio: up 35.92% in 2022, down 28.58% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 25.99 in 2022, then gained by 0.28% to 26.06 in 2023, then advanced by 3.53% to 26.98 in 2024, then gained by 3.83% to 28.02 in 2025, then decreased by 2.38% to 27.35 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 27.35, 25.71, and 25.34 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.39 Bn | 17.75 Bn | 635.20 Mn | 27.35 |
| 2 | Lincoln Electric Holdings | 13.73 Bn | 13.49 Bn | 449.00 Mn | - |
| 3 | Stanley Black & Decker | 13.39 Bn | 12.80 Bn | 1.31 Bn | -22.36 |
| 4 | Vontier | 4.36 Bn | 4.10 Bn | 365.00 Mn | - |
| 5 | Esab | 4.25 Bn | 4.03 Bn | 307.21 Mn | 2.57 |
| 6 | Brady | 4.06 Bn | 3.87 Bn | 231.13 Mn | 9.65 |
| 7 | Kennametal | 2.23 Bn | 2.13 Bn | 433.56 Mn | 30.22 |
| 8 | Enerpac Tool | 1.82 Bn | 1.70 Bn | 88.78 Mn | 18.29 |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 14.08 |
| 10 | Lakeland Industries | 94.73 Mn | 77.31 Mn | 14.89 Mn | 3.73 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 27.35 |
| Apr 4, 2026 | 25.71 |
| Jan 3, 2026 | 25.34 |
| Sep 27, 2025 | 28.02 |
| Jun 28, 2025 | 26.61 |
| Mar 29, 2025 | 25.27 |
| Dec 28, 2024 | 26.98 |
| Sep 28, 2024 | 25.93 |
| Jun 29, 2024 | 28.50 |
| Mar 30, 2024 | 27.14 |
| Dec 30, 2023 | 26.06 |
| Sep 30, 2023 | 25.37 |
| Jul 1, 2023 | 27.29 |
| Apr 1, 2023 | 26.30 |
| Dec 31, 2022 | 25.99 |
| Oct 1, 2022 | 24.57 |
| Jul 2, 2022 | 26.66 |
| Apr 2, 2022 | 25.30 |
| Jan 1, 2022 | 36.39 |
| Oct 2, 2021 | 20.60 |