Snap-on (SNA) Tax Rate (2009 - 2026)
Snap-on's (SNA) quarterly Tax Rate came in at 21.52% in Q3 2026, down 50.0% YoY from 43.04% in Q3 2025, and little changed on a QoQ basis from 21.57% in Q2 2026.
Snap-on (SNA) Tax Rate (2009 - 2026) Analysis & Trends
Snap-on (SNA) has 18 years of Tax Rate data on file, last reported at 21.52% in Q3 2026.
- Quarterly Tax Rate fell 50.0% year-over-year to 21.52% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 21.8% (down 30.0% YoY) and the FY2026 annual result came in at 21.98%, down 18.0% from the prior year.
- Tax Rate steadied at 21.52% in Q3 2026, from 21.57% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.36% in Q3 2022 to a low of 21.01% in Q4 2023.
- A 5-year average of 22.08% and a median of 22.11% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 202 bps — and 2024, when it soared 110 bps.
- Tracing SNA's Tax Rate over 5 years: stood at 21.56% in 2022, then declined by 3 bps to 21.01% in 2023, then increased by 5 bps to 22.11% in 2024, then advanced by 0 bps to 22.19% in 2025, then decreased by 3 bps to 21.52% in 2026.
- The last three Tax Rate figures came in at 21.52% (Q3 2026), 21.57% (Q2 2026), and 21.91% (Q1 2026), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.34 Bn | 18.69 Bn | 635.20 Mn | 21.52% |
| 2 | RBC Bearings | 15.93 Bn | 15.81 Bn | 247.80 Mn | 22.04% |
| 3 | Lincoln Electric Holdings | 15.40 Bn | 15.16 Bn | 449.00 Mn | 23.75% |
| 4 | Stanley Black & Decker | 15.00 Bn | 14.41 Bn | 1.31 Bn | 29.60% |
| 5 | Toro | 9.61 Bn | 9.43 Bn | 482.70 Mn | 20.72% |
| 6 | Timken | 8.70 Bn | 8.30 Bn | 399.30 Mn | 35.75% |
| 7 | Kennametal | 2.29 Bn | 2.19 Bn | 433.56 Mn | 23.32% |
| 8 | Hillman Solutions | 1.64 Bn | 1.61 Bn | 208.09 Mn | 24.28% |
| 9 | Eastern | 149.30 Mn | 134.16 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 21.52% |
| Jul 4, 2026 | 21.52% |
| Jul 4, 2026 | 21.52% |
| Apr 4, 2026 | 21.57% |
| Apr 4, 2026 | 21.57% |
| Apr 4, 2026 | 21.57% |
| Jan 3, 2026 | 21.91% |
| Jan 3, 2026 | 21.91% |
| Jan 3, 2026 | 21.91% |
| Sep 27, 2025 | 22.19% |
| Sep 27, 2025 | 22.19% |
| Sep 27, 2025 | 22.19% |
| Jun 28, 2025 | 22.02% |
| Jun 28, 2025 | 22.02% |
| Jun 28, 2025 | 22.02% |
| Mar 29, 2025 | 21.78% |
| Mar 29, 2025 | 21.78% |
| Mar 29, 2025 | 21.78% |
| Dec 28, 2024 | 22.11% |
| Dec 28, 2024 | 22.11% |