Snap-on (SNA) Tax Rate (2009 - 2026)
Snap-on (SNA) posted quarterly Tax Rate of 21.52% for Q3 2026, down 50.0% year-on-year 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 reported Tax Rate for 18 consecutive years, with 21.52% the latest figure, recorded 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 held at 21.52% in Q3 2026 per SNA's latest filing, from 21.57% in the prior quarter.
- Over the last five years, Tax Rate for SNA reached as high as 23.36% in Q3 2022 and fell as low as 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 sank 202 bps — and 2024, when it jumped 110 bps.
- Year by year, Tax Rate stood at 21.56% in 2022, then decreased by 3 bps to 21.01% in 2023, then advanced by 5 bps to 22.11% in 2024, then increased by 0 bps to 22.19% in 2025, then declined by 3 bps to 21.52% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.52%, 21.57%, and 21.91% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 21.52% |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 5.79% |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 21.33% |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | 29.72% |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 25.89% |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 21.86% |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 23.32% |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 18.29% |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 21.01% |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | 4.65% |
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% |