Snap-on (SNA) 10-K Summaries & Annual Filing History
Review Snap-on Incorporated (SNA) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Jan 3, 2026 · FY2025 10-K
Snap-on filed its annual report, highlighting stable revenue and strong profitability. The company emphasized its liquidity position and potential risks related to financing availability.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$4.7B
Revenue reported for the fiscal year.
Operating income
$1.3B
Income from operations reported for the year.
Net income
$1B
Net income reported for the year.
Operating cash flow
$1.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4.8B | +5.2% |
| Dec 30, 2023 | $4.7B | -2.9% |
| Dec 28, 2024 | $4.7B | -0.5% |
| Jan 3, 2026 | $4.7B | +0.7% |
Business overview
Snap-on provides tools, equipment, and related services to professional users and also operates a financial services business that originates receivables. The company's operations are further detailed in Item 1 of the filing.
Financial performance
Revenue has remained relatively flat in recent years, with a slight decline followed by a modest recovery. Operating income and net income were at healthy levels, and operating cash flow was solid, reflecting stable profitability.
Material risks
The company faces potential risks regarding the availability of financing on acceptable terms and the possibility of credit rating downgrades, as explicitly noted in the liquidity discussion. Other risk factors are detailed in Item 1A of the filing.
Liquidity and capital
Snap-on funds its growth through a combination of operating cash flow and debt financing. The company believes its current liquidity and credit arrangements are sufficient to meet anticipated needs, including debt repayments, dividends, and capital expenditures.
What to watch
Monitor any changes in the company's credit ratings or its access to capital markets.