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
DateValue
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%