Snap-on (SNA) Operating Margin (2009 - 2026)

Snap-on (SNA) reported Operating Margin of 24.37% for Q2 2026, down 84.0% on a YoY basis from 152.3% in Q2 2025, and down 3.86% quarter-over-quarter from 25.35% in Q1 2026.

Snap-on (SNA) Operating Margin (2009 - 2026) Analysis & Trends

Snap-on has reported Operating Margin for 18 years, with the latest figure at 24.37% in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin fell 84.0% year-over-year to 24.37%; the trailing twelve-month figure through Apr 2026 stood at 25.53% (down 50.0% YoY), and the FY2026 full-year result was 25.75%, down 59.0% from the prior year.
  • Operating Margin for Q2 2026 stood at 24.37%, down from 25.35% in the prior quarter.
  • The five-year high for Operating Margin was 85.62% in Q4 2023, with the low at 2.49% in Q3 2023.
  • Historically, Operating Margin has averaged 27.52% across 5 years, with a median of 25.55% in 2024.
  • Annual changes were most pronounced in 2023 — Operating Margin surged 6056 bps — and 2024, when it tumbled 6008 bps.
  • Snap-on's Operating Margin stood at 25.07% in 2022, then soared by 242 bps to 85.62% in 2023, then tumbled by 70 bps to 25.55% in 2024, then advanced by 5 bps to 26.89% in 2025, then declined by 9 bps to 24.37% in 2026.
  • The last three Operating Margin figures came in at 24.37% (Q2 2026), 25.35% (Q1 2026), and 26.89% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 24.37%
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn -43.32%
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 16.60%
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn -67.71%
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 13.69%
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 8.40%
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 13.40%
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 1.95%
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 2.22%
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 -5.57%

Historic Data

Download Data
DateValue
Apr 4, 2026 24.37%
Jan 3, 2026 25.35%
Sep 27, 2025 26.89%
Jun 28, 2025 25.55%
Mar 29, 2025 25.21%
Dec 28, 2024 25.55%
Sep 28, 2024 25.98%
Jun 29, 2024 27.38%
Mar 30, 2024 26.46%
Dec 30, 2023 85.62%
Sep 30, 2023 -2.49%
Jul 1, 2023 26.77%
Apr 1, 2023 25.56%
Dec 31, 2022 25.07%
Oct 1, 2022 24.37%
Jul 2, 2022 25.50%
Apr 2, 2022 24.76%
Oct 2, 2021 24.17%
Jul 3, 2021 24.48%
Apr 3, 2021 23.91%