Question 1

What is Snap-on's P/E ratio?

Accepted Answer

Snap-on (SNA) P/E ratio is 19.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Snap-on?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Snap-on specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is Snap-on's P/E ratio high or low?

Accepted Answer

Snap-on's P/E ratio of 19.6× is above its own 5-year average of 15.0× and below the sector median of 27.8×. That places the current reading at the 97th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Snap-on's historical P/E ratio range?

Accepted Answer

In the available daily series, Snap-on (SNA) P/E ratio has ranged from a low of 7.5× in 2009 to a high of 119.0× in 2002. The 5-year average is 15.0× and the 5-year median is 14.8×.

Question 7

What was Snap-on's P/E ratio in 2026?

Accepted Answer

Snap-on (SNA) P/E ratio at the end of 2026 was 17.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Snap-on's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$18.21B	$1.02B	17.9×	—	Jan 3, 2026
2024	$17.86B	$1.04B	17.1×	+2.1×	Dec 31, 2024
2023	$15.22B	$1.01B	15.1×	+1.7×	Dec 31, 2023
2022	$12.13B	$911.70M	13.3×	-0.7×	Dec 31, 2022
2021	$11.52B	$820.50M	14.0×	-0.8×	Dec 31, 2021
2020	$9.28B	$627.00M	14.8×	+1.4×	Dec 31, 2020
2019	$9.27B	$693.50M	13.4×	+1.4×	Dec 31, 2019
2018	$8.11B	$679.90M	11.9×	-5.8×	Dec 31, 2018
2017	$9.88B	$557.70M	17.7×	-0.5×	Dec 31, 2017
2016	$9.93B	$546.40M	18.2×	-2.6×	Dec 31, 2016
2015	$9.96B	$478.70M	20.8×	+2.0×	Dec 31, 2015
2014	$7.94B	$421.90M	18.8×	+0.7×	Dec 31, 2014
2013	$6.36B	$350.30M	18.2×	+3.1×	Dec 31, 2013
2012	$4.60B	$306.10M	15.0×	+4.4×	Dec 31, 2012
2011	$2.95B	$276.30M	10.7×	-6.9×	Dec 31, 2011
2010	$3.28B	$186.50M	17.6×	-0.6×	Dec 31, 2010
2009	$2.45B	$134.20M	18.2×	+8.7×	Dec 31, 2009
2008	$2.26B	$236.70M	9.6×	-5.8×	Dec 31, 2008
2007	$2.78B	$181.20M	15.3×	-12.6×	Dec 31, 2007
2006	$2.79B	$100.10M	27.9×	+4.5×	Dec 31, 2006
2005	$2.17B	$92.90M	23.4×	—	Dec 31, 2005
2003	$1.88B	$78.70M	23.8×	+8.4×	Dec 31, 2003
2002	$1.64B	$106.00M	15.4×	-87.1×	Dec 31, 2002
2001	$1.95B	$19.00M	102.6×	—	Dec 31, 2001


Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for Snap-on (SNA)

P/E Ratio daily chart for Snap-on (SNA)

Historical P/E Ratio for Snap-on (SNA) from 2001 to 2026

About P/E Ratio at Snap-on (SNA)

Snap-on P/E Ratio by Year

Snap-on P/E Ratio 2026: 17.9×

Snap-on P/E Ratio 2024: 17.1×

Snap-on P/E Ratio 2023: 15.1×

Snap-on P/E Ratio 2022: 13.3×

Snap-on P/E Ratio 2021: 14.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Snap-on (SNA) Key Financials

P/E Ratio daily chart for Snap-on (SNA)

Historical P/E Ratio for Snap-on (SNA) from 2001 to 2026

About P/E Ratio at Snap-on (SNA)

Snap-on P/E Ratio by Year

Snap-on P/E Ratio 2026: 17.9×

Snap-on P/E Ratio 2024: 17.1×

Snap-on P/E Ratio 2023: 15.1×

Snap-on P/E Ratio 2022: 13.3×

Snap-on P/E Ratio 2021: 14.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Snap-on's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Snap-on?

+Is Snap-on's P/E ratio high or low?

+What is Snap-on's historical P/E ratio range?

+What was Snap-on's P/E ratio in 2026?

+Why does Snap-on's P/E ratio change over time?

Snap-on (SNA) Key Financials