TTM
24.7%
YoY change
−0.59pp
Trough year (1998)
-1.8%
Peak year (2024)
26.3%
Latest annual
25.8%
Operating Margin history chart for Snap-on (SNA) from 1985 to 2025
Latest: 25.8%
Operating Margin change chart for Snap-on (SNA) from 1985 to 2025
Latest: −0.59pp
Operating Margin history table for Snap-on (SNA) from 1985 to 2025
| 2025 | 25.8% | -0.59pp | ||
| 2024 | 26.3% | +0.69pp | ||
| 2023 | 25.7% | +0.72pp | ||
| 2022 | 24.9% | +0.60pp | ||
| 2021 | 24.3% | -0.18pp | ||
| 2020 | 24.5% | -1.29pp | ||
| 2019 | 25.8% | +0.24pp | ||
| 2018 | 25.6% | +1.63pp | ||
| 2017 | 23.9% | -1.18pp | ||
| 2016 | 25.1% | +2.29pp | ||
| 2015 | 22.8% | +1.92pp | ||
| 2014 | 20.9% | +1.71pp | ||
| 2013 | 19.2% | +1.60pp | ||
| 2012 | 17.6% | +0.93pp | ||
| 2011 | 16.6% | +3.99pp | ||
| 2010 | 12.7% | +2.04pp | ||
| 2009 | 10.6% | -3.01pp | ||
| 2008 | 13.6% | +2.19pp | ||
| 2007 | 11.4% | +4.80pp | ||
| 2006 | 6.6% | -0.53pp | ||
| 2005 | 7.2% | +1.25pp | ||
| 2004 | 5.9% | -0.81pp | ||
| 2003 | 6.7% | -2.68pp | ||
| 2002 | 9.4% | +6.97pp | ||
| 2001 | 2.4% | -6.39pp | ||
| 2000 | 8.8% | +1.02pp | ||
| 1999 | 7.8% | +9.60pp | ||
| 1998 | -1.8% | -13.38pp | ||
| 1997 | 11.6% | +1.05pp | ||
| 1996 | 10.5% | +0.81pp | ||
| 1995 | 9.7% | +1.47pp | ||
| 1994 | 8.2% | -4.74pp | ||
| 1993 | 13.0% | +1.22pp | ||
| 1992 | 11.8% | -2.29pp | ||
| 1991 | 14.1% | +2.27pp | ||
| 1990 | 11.8% | -6.94pp | ||
| 1989 | 18.7% | -2.58pp | ||
| 1988 | 21.3% | +4.72pp | ||
| 1987 | 16.6% | +1.45pp | ||
| 1986 | 15.1% | -0.44pp | ||
| 1985 | 15.6% | — |
- 202525.8%-0.59pp
- 202426.3%+0.69pp
- 202325.7%+0.72pp
- 202224.9%+0.60pp
- 202124.3%-0.18pp
- 202024.5%-1.29pp
- 201925.8%+0.24pp
- 201825.6%+1.63pp
- 201723.9%-1.18pp
- 201625.1%+2.29pp
- 201522.8%+1.92pp
- 201420.9%+1.71pp
- 201319.2%+1.60pp
- 201217.6%+0.93pp
- 201116.6%+3.99pp
- 201012.7%+2.04pp
- 200910.6%-3.01pp
- 200813.6%+2.19pp
- 200711.4%+4.80pp
- 20066.6%-0.53pp
- 20057.2%+1.25pp
- 20045.9%-0.81pp
- 20036.7%-2.68pp
- 20029.4%+6.97pp
- 20012.4%-6.39pp
- 20008.8%+1.02pp
- 19997.8%+9.60pp
- 1998-1.8%-13.38pp
- 199711.6%+1.05pp
- 199610.5%+0.81pp
- 19959.7%+1.47pp
- 19948.2%-4.74pp
- 199313.0%+1.22pp
- 199211.8%-2.29pp
- 199114.1%+2.27pp
- 199011.8%-6.94pp
- 198918.7%-2.58pp
- 198821.3%+4.72pp
- 198716.6%+1.45pp
- 198615.1%-0.44pp
- 198515.6%—
Operating 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 Operating Margin at Snap-on (SNA)
According to Snap-on's latest reported financial statements, the company's latest reported operating margin is 24.7%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Snap-on (SNA) most recent annual operating margin stands at 25.75% (2025) – contracted 0.6 percentage points year-over-year.
26.34% stands as the all-time-high annual operating margin, posted in 2024, against a low of -1.80% during 1998.
Snap-on Operating Margin by Year
Snap-on Operating Margin 2025: 25.8%
In 2025, Snap-on reported operating margin of 25.75%, contracted 0.6 percentage points from 2024.
Snap-on Operating Margin 2024: 26.3%
Snap-on operating margin in 2024 was 26.34%, expanded 0.7 percentage points from 2023. This figure represents the highest annual value in the available history.
Snap-on Operating Margin 2023: 25.7%
2023's operating margin for Snap-on came in at 25.65%, expanded 0.7 percentage points from 2022.
Snap-on Operating Margin 2022: 24.9%
Snap-on posted operating margin of 24.93% in 2022, expanded 0.6 percentage points from 2021.
Snap-on Operating Margin 2021: 24.3%
Snap-on operating margin in 2021 was 24.33%.
See more financial history for Snap-on (SNA).
Sector peers by Operating Margin
Industrials peers of Snap-on (SNA), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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Snap-on (SNA) Key Financials
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