TTM
51.3%
YoY change
−0.24pp
Trough year (2003)
43.2%
Peak year (1993)
55.5%
Latest annual
51.7%
Gross Margin history chart for Snap-on (SNA) from 1985 to 2025
Latest: 51.7%
Gross Margin change chart for Snap-on (SNA) from 1985 to 2025
Latest: −0.24pp
Gross Margin history table for Snap-on (SNA) from 1985 to 2025
| 2025 | 51.7% | -0.24pp | ||
| 2024 | 52.0% | +0.69pp | ||
| 2023 | 51.3% | +0.75pp | ||
| 2022 | 50.5% | -1.25pp | ||
| 2021 | 51.8% | +3.11pp | ||
| 2020 | 48.7% | -0.77pp | ||
| 2019 | 49.4% | -0.55pp | ||
| 2018 | 50.0% | +0.47pp | ||
| 2017 | 49.5% | -0.34pp | ||
| 2016 | 49.9% | +0.70pp | ||
| 2015 | 49.2% | +0.83pp | ||
| 2014 | 48.3% | +0.15pp | ||
| 2013 | 48.2% | +0.88pp | ||
| 2012 | 47.3% | +0.44pp | ||
| 2011 | 46.9% | +0.64pp | ||
| 2010 | 46.2% | +1.47pp | ||
| 2009 | 44.8% | -0.26pp | ||
| 2008 | 45.0% | +0.44pp | ||
| 2007 | 44.6% | +0.60pp | ||
| 2006 | 44.0% | -0.35pp | ||
| 2005 | 44.3% | +0.99pp | ||
| 2004 | 43.3% | +0.15pp | ||
| 2003 | 43.2% | -2.55pp | ||
| 2002 | 45.7% | +0.47pp | ||
| 2001 | 45.3% | -3.57pp | ||
| 2000 | 48.9% | -0.05pp | ||
| 1999 | 48.9% | +3.31pp | ||
| 1998 | 45.6% | -7.16pp | ||
| 1997 | 52.8% | +0.07pp | ||
| 1996 | 52.7% | -1.10pp | ||
| 1995 | 53.8% | +0.33pp | ||
| 1994 | 53.5% | -2.01pp | ||
| 1993 | 55.5% | +0.68pp | ||
| 1992 | 54.8% | +2.23pp | ||
| 1991 | 52.6% | -0.43pp | ||
| 1990 | 53.0% | +1.15pp | ||
| 1989 | 51.8% | -0.88pp | ||
| 1988 | 52.7% | +0.51pp | ||
| 1987 | 52.2% | +0.45pp | ||
| 1986 | 51.8% | -0.83pp | ||
| 1985 | 52.6% | — |
- 202551.7%-0.24pp
- 202452.0%+0.69pp
- 202351.3%+0.75pp
- 202250.5%-1.25pp
- 202151.8%+3.11pp
- 202048.7%-0.77pp
- 201949.4%-0.55pp
- 201850.0%+0.47pp
- 201749.5%-0.34pp
- 201649.9%+0.70pp
- 201549.2%+0.83pp
- 201448.3%+0.15pp
- 201348.2%+0.88pp
- 201247.3%+0.44pp
- 201146.9%+0.64pp
- 201046.2%+1.47pp
- 200944.8%-0.26pp
- 200845.0%+0.44pp
- 200744.6%+0.60pp
- 200644.0%-0.35pp
- 200544.3%+0.99pp
- 200443.3%+0.15pp
- 200343.2%-2.55pp
- 200245.7%+0.47pp
- 200145.3%-3.57pp
- 200048.9%-0.05pp
- 199948.9%+3.31pp
- 199845.6%-7.16pp
- 199752.8%+0.07pp
- 199652.7%-1.10pp
- 199553.8%+0.33pp
- 199453.5%-2.01pp
- 199355.5%+0.68pp
- 199254.8%+2.23pp
- 199152.6%-0.43pp
- 199053.0%+1.15pp
- 198951.8%-0.88pp
- 198852.7%+0.51pp
- 198752.2%+0.45pp
- 198651.8%-0.83pp
- 198552.6%—
Gross Margin values are taken from Snap-on's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Snap-on (SNA)
According to Snap-on's latest reported financial statements, the company's latest reported gross margin is 51.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Snap-on (SNA) gross margin is 51.73% – contracted 0.2 percentage points year-over-year.
The record annual gross margin stands at 55.46%, reached in 1993; the historical low of 43.20% was recorded in 2003.
Snap-on Gross Margin by Year
Snap-on Gross Margin 2025: 51.7%
Snap-on posted gross margin of 51.73% in 2025, contracted 0.2 percentage points from 2024.
Snap-on Gross Margin 2024: 52.0%
In 2024, Snap-on reported gross margin of 51.97%, expanded 0.7 percentage points from 2023.
Snap-on Gross Margin 2023: 51.3%
Snap-on gross margin in 2023 was 51.28%, expanded 0.7 percentage points from 2022.
Snap-on Gross Margin 2022: 50.5%
2022's gross margin for Snap-on came in at 50.53%, contracted 1.2 percentage points from 2021.
Snap-on Gross Margin 2021: 51.8%
Snap-on gross margin in 2021 was 51.78%.
See more financial history for Snap-on (SNA).
Sector peers by Gross Margin
Industrials peers of Snap-on (SNA), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
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Snap-on (SNA) Key Financials
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