Growth Metrics

Snap-on (SNA) Tax Rate (2016 - 2026)

Snap-on filings provide 18 years of Tax Rate readings, the most recent being 21.57% for Q2 2026.

  • On a quarterly basis, Tax Rate fell 22.0% to 21.57% in Q2 2026 year-over-year; TTM through Apr 2026 was 21.92%, a 23.0% decrease, with the full-year FY2026 number at 21.98%, down 18.0% from a year prior.
  • Tax Rate hit 21.57% in Q2 2026 for Snap-on, down from 21.91% 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.
  • Median Tax Rate over the past 5 years was 22.15% (2022), compared with a mean of 22.11%.
  • Biggest five-year swings in Tax Rate: tumbled -202bps in 2022 and later surged 110bps in 2024.
  • Snap-on's Tax Rate stood at 21.56% in 2022, then dropped by -3bps to 21.01% in 2023, then increased by 5bps to 22.11% in 2024, then rose by 0bps to 22.19% in 2025, then decreased by -3bps to 21.57% in 2026.
  • The last three reported values for Tax Rate were 21.57% (Q2 2026), 21.91% (Q1 2026), and 22.19% (Q3 2025) per Business Quant data.