Snap-on (SNA) Tax Rate (2009 - 2026)
Snap-on's Tax Rate was 21.52% in Q2 2027, down 0.50 percentage points from 22.02% a year earlier and down 0.04 percentage points from the prior quarter.
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Analysis
Snap-on (SNA) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Snap-on's Tax Rate was 21.80% through Jul 4, 2026, down 0.30 percentage points year-over-year; for FY2026, it came in at 21.98%.
- Tax Rate shows a five-year change of -0.75 percentage points (FY2021 to FY2026).
- In earlier years, Tax Rate was 22.15% in FY2024 (+0.06 pp), 22.09% in FY2023 (-0.25 pp) and 22.34% in FY2022 (-0.38 pp).
- The Q2 2027 figure marks the lowest quarterly Tax Rate in data going back to Q2 2010.
- Per Business Quant data, SNA's Tax Rate in the three quarters before Q2 2027 was 21.57% (Q1 2027), 21.91% (Q4 2026) and 22.19% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 24.54% |
| 10 | Snap-on | 18.99 Bn | 12.46 Bn | 635.20 Mn | 21.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 21.52% |
| Apr 4, 2026 | 21.57% |
| Jan 3, 2026 | 21.91% |
| Sep 27, 2025 | 22.19% |
| Jun 28, 2025 | 22.02% |
| Mar 29, 2025 | 21.78% |
| Dec 28, 2024 | 22.11% |
| Sep 28, 2024 | 22.49% |
| Jun 29, 2024 | 22.22% |
| Mar 30, 2024 | 21.81% |
| Dec 30, 2023 | 21.01% |
| Sep 30, 2023 | 22.20% |
| Jul 1, 2023 | 22.46% |
| Apr 1, 2023 | 22.68% |
| Dec 31, 2022 | 21.56% |
| Oct 1, 2022 | 21.19% |
| Jul 2, 2022 | 23.36% |
| Apr 2, 2022 | 23.26% |
| Jan 1, 2022 | 22.18% |
| Oct 2, 2021 | 23.21% |
API Access
Snap-on Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();