Snap-on Incorporated (SNA) Balance Sheet
SNA balance sheet, 2025
December 31, 2025 · U.S. dollars$8.41B assets = $2.46B liabilities + $5.96B equity
Both columns are drawn to the same scale: what SNA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SNA financial health
Current ratio4.79
Comfortable · current assets cover current liabilities 4.79×
Debt / equity0.22
Low leverage · $0.22 of debt for each $1 of equity
Equity / assets70.5%
Equity-funded · of assets funded by shareholders
Cash / debt122.5%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles16.4%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
SNA balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.72B2016 | $8.41B2025 | +6.6%/yr | |
| Total liabilities | $2.09B2016 | $2.46B2025 | +1.8%/yr | |
| Shareholders’ equity | $2.62B2016 | $5.93B2025 | +9.5%/yr | |
| Cash & short-term investments | $77.6M2016 | $1.62B2025 | +40.2%/yr | |
| Total debt | $1.01B2016 | $1.33B2025 | +3.1%/yr | |
| Net cash (debt) | −$932.6M2016 | $298.3M2025 | +$1.2B | |
| Working capital | $894.5M2016 | $3.48B2025 | +$2.6B | |
| Book value per share | $44.062016 | $111.922025 | +10.9%/yr | |
| Current ratio | 1.902016 | 4.792025 | +2.89 | |
| Debt / equity | 0.392016 | 0.222025 | −0.16 | |
| Shares outstanding | 59.4M2016 | 53.0M2025 | −1.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SNA assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
SNA liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
SNA debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SNA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.62B | $1.36B | $1.00B | $757.2M | $780.0M | $923.4M | $184.5M | $140.9M | $92.0M | $77.6M |
| Cash & equivalents | $1.62B | $1.36B | $1.00B | $757.2M | $780.0M | $923.4M | $184.5M | $140.9M | $92.0M | $77.6M |
| Short-term investments | — | — | — | — | — | $349.0M | $17.1M | $329.0M | $317.0M | $0 |
| Receivables | $1.60B | $1.55B | $1.51B | $1.43B | $1.33B | $1.28B | $1.33B | $1.31B | $1.28B | $1.16B |
| Inventory | $1.03B | $943.4M | $1.01B | $1.03B | $803.8M | $746.5M | $760.4M | $673.8M | $638.8M | $530.5M |
| Other current assets | $151.5M | $139.6M | $138.4M | $144.8M | $134.6M | $129.7M | $110.2M | $92.8M | $110.7M | $116.5M |
| Total current assets | $4.40B | $3.99B | $3.65B | $3.37B | $3.05B | $3.08B | $2.38B | $2.22B | $2.12B | $1.88B |
| Property, plant & equipment (net) | $636.0M | $632.0M | $614.0M | $574.1M | $570.1M | $578.1M | $577.1M | $495.1M | $484.4M | $425.2M |
| Goodwill & intangible assets | $1.38B | $1.32B | $1.37B | $1.32B | $1.42B | $1.24B | $1.16B | $1.14B | $1.18B | $1.08B |
| Long-term investments | $0 | $0 | $0 | $1.55B | $1.49B | $1.51B | $1.46B | $1.07B | $1.04B | $934.5M |
| Other non-current assets | $1.99B | $1.95B | $1.91B | $154.3M | $225.8M | $142.0M | $114.6M | $451.6M | $428.4M | $399.4M |
| Total assets | $8.41B | $7.90B | $7.54B | $6.97B | $6.76B | $6.56B | $5.69B | $5.37B | $5.25B | $4.72B |
| Liabilities | ||||||||||
| Accounts payable | $229.1M | $265.9M | $238.0M | $287.0M | $277.6M | $222.9M | $198.5M | $201.1M | $178.2M | $170.9M |
| Short-term debt | $16.2M | $38.7M | $39.4M | $36.6M | $37.0M | $287.8M | $222.4M | $186.3M | $433.2M | $301.4M |
| Deferred revenue | — | $59.0M | $58.4M | $57.1M | $56.4M | $53.6M | $55.1M | $47.3M | $38.9M | $43.0M |
| Total current liabilities | $918.5M | $961.5M | $941.6M | $971.6M | $982.2M | $1.16B | $947.6M | $952.0M | $1.19B | $989.5M |
| Long-term debt | $1.19B | $1.19B | $1.19B | $1.18B | $1.18B | $1.18B | $946.9M | $946.0M | $753.6M | $708.8M |
| Lease obligations | $89.3M | $93.6M | $78.4M | $44.7M | $34.2M | $34.0M | $57.0M | — | — | — |
| Other long-term liabilities | $350.6M | $331.8M | $324.2M | $313.9M | $390.8M | $363.7M | $368.2M | $356.5M | $329.9M | $389.7M |
| Total liabilities | $2.46B | $2.48B | $2.45B | $2.47B | $2.56B | $2.71B | $2.26B | $2.25B | $2.28B | $2.09B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $67.5M | $67.5M | $67.5M | $67.4M | $67.4M | $67.4M | $67.4M | $67.4M | $67.4M | $67.4M |
| Retained earnings (deficit) | $8.14B | $7.58B | $6.95B | $6.30B | $5.70B | $5.16B | $4.78B | $4.26B | $3.77B | $3.38B |
| Treasury stock | — | — | — | — | −$1.71B | −$1.43B | −$1.31B | −$1.12B | −$900.0M | −$653.9M |
| Accumulated other comprehensive income | −$354.8M | −$575.0M | −$449.5M | −$528.3M | −$343.9M | −$365.8M | −$507.9M | −$462.2M | −$329.0M | −$498.5M |
| Minority interest | $25.0M | $22.9M | $22.1M | $22.2M | $21.9M | $21.7M | $21.7M | $19.8M | $18.4M | $18.0M |
| Total shareholders' equity | $5.93B | $5.39B | $5.07B | $4.48B | $4.18B | $3.82B | $3.41B | $3.10B | $2.95B | $2.62B |
| Key figures | ||||||||||
| Total debt | $1.33B | $1.29B | $1.28B | $1.27B | $1.25B | $1.50B | $1.21B | $1.13B | $1.19B | $1.01B |
| Net cash (debt) | $298.3M | $67.7M | −$277.1M | −$507.9M | −$474.1M | −$580.5M | −$1.02B | −$991.4M | −$1.09B | −$932.6M |
| Working capital | $3.48B | $3.03B | $2.71B | $2.40B | $2.07B | $1.92B | $1.43B | $1.26B | $926.0M | $894.5M |
| Tangible book value | $4.55B | $4.07B | $3.71B | $3.16B | $2.76B | $2.58B | $2.25B | $1.96B | $1.78B | $1.54B |
| Book value per share | $111.92 | $100.82 | $94.09 | $82.68 | $76.03 | $69.80 | $60.99 | $54.08 | $50.41 | $44.06 |
| Shares outstanding | 53.0M | 53.5M | 53.9M | 54.2M | 55.0M | 54.8M | 55.9M | 57.3M | 58.6M | 59.4M |
| Current ratio | 4.79 | 4.15 | 3.88 | 3.47 | 3.11 | 2.65 | 2.51 | 2.33 | 1.78 | 1.90 |
| Quick ratio | 3.51 | 3.02 | 2.66 | 2.26 | 2.15 | 1.89 | 1.59 | 1.52 | 1.15 | 1.25 |
| Debt / equity | 0.22 | 0.24 | 0.25 | 0.28 | 0.30 | 0.39 | 0.35 | 0.37 | 0.40 | 0.39 |
| Equity / assets | 70.5% | 68.3% | 67.2% | 64.3% | 61.9% | 58.3% | 59.9% | 57.7% | 56.3% | 55.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.64B | $1.75B | $1.62B | $1.53B | $1.46B | $1.43B | $1.36B | $1.31B | $1.23B | $1.12B | $1.00B | $959.3M |
| Cash & equivalents | $1.64B | $1.75B | $1.62B | $1.53B | $1.46B | $1.43B | $1.36B | $1.31B | $1.23B | $1.12B | $1.00B | $959.3M |
| Receivables | $1.66B | $1.62B | $1.60B | $1.68B | $1.59B | $1.59B | $1.55B | $1.54B | $1.51B | $1.55B | $1.51B | $1.49B |
| Inventory | $1.05B | $1.02B | $1.03B | $1.02B | $997.7M | $961.2M | $943.4M | $995.8M | $965.0M | $970.5M | $1.01B | $1.03B |
| Other current assets | $171.5M | $157.6M | $151.5M | $149.4M | $177.8M | $155.8M | $139.6M | $148.4M | $147.0M | $135.6M | $138.4M | $118.9M |
| Total current assets | $4.52B | $4.55B | $4.40B | $4.39B | $4.22B | $4.14B | $3.99B | $4.00B | $3.86B | $3.78B | $3.65B | $3.60B |
| Property, plant & equipment (net) | $659.1M | $547.7M | $636.0M | $646.9M | $647.9M | $639.4M | $632.0M | $626.3M | $613.6M | $609.1M | $614.0M | $593.5M |
| Goodwill & intangible assets | $1.50B | $1.37B | $1.38B | $1.38B | $1.38B | $1.35B | $1.32B | $1.36B | $1.34B | $1.35B | $1.37B | $1.30B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.96B | $2.05B | $1.99B | $1.94B | $1.96B | $1.94B | $1.95B | $1.96B | $1.95B | $1.93B | $1.91B | $1.81B |
| Total assets | $8.64B | $8.52B | $8.41B | $8.36B | $8.20B | $8.07B | $7.90B | $7.95B | $7.76B | $7.67B | $7.54B | $7.30B |
| Liabilities | ||||||||||||
| Accounts payable | $267.4M | $253.6M | $229.1M | $271.3M | $269.8M | $281.3M | $265.9M | $270.0M | $271.1M | $257.4M | $238.0M | $284.3M |
| Short-term debt | $317.0M | $316.2M | $16.2M | $21.3M | $17.7M | $18.2M | $38.7M | $14.3M | $15.7M | $15.2M | $39.4M | $17.3M |
| Deferred revenue | $66.8M | — | — | — | — | — | $59.0M | −$14.3M | −$15.7M | $1 | $58.4M | $604.3M |
| Total current liabilities | $1.32B | $1.29B | $918.5M | $996.8M | $941.5M | $999.9M | $961.5M | $956.4M | $950.1M | $989.7M | $941.6M | $981.9M |
| Long-term debt | $887.0M | $886.9M | $1.19B | $1.19B | $1.19B | $1.19B | $1.19B | $1.19B | $1.19B | $1.18B | $1.18B | $1.19B |
| Lease obligations | $75.3M | $67.9M | $89.3M | $64.6M | $67.4M | $70.0M | $93.6M | $57.1M | $54.8M | $54.5M | $78.4M | $50.6M |
| Other long-term liabilities | $369.7M | $357.3M | $350.6M | $327.7M | $333.6M | $338.2M | $331.8M | $313.9M | $315.8M | $328.9M | $325.3M | $284.4M |
| Total liabilities | $2.57B | $2.53B | $2.46B | $2.51B | $2.46B | $2.52B | $2.48B | $2.46B | $2.45B | $2.50B | $2.45B | $2.45B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M | $67.5M |
| Retained earnings (deficit) | $8.39B | $8.26B | $8.14B | $8.00B | $7.85B | $7.71B | $7.58B | $7.44B | $7.29B | $7.11B | $6.95B | $6.79B |
| Accumulated other comprehensive income | −$382.6M | −$375.9M | −$354.8M | −$393.7M | −$402.5M | −$499.5M | −$575.0M | −$424.7M | −$504.8M | −$493.3M | −$449.5M | −$563.3M |
| Minority interest | $25.0M | $25.0M | $25.0M | $24.8M | $24.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $6.04B | $5.96B | $5.93B | $5.82B | $5.72B | $5.52B | $5.39B | $5.47B | $5.29B | $5.14B | $5.07B | $4.83B |
| Key figures | ||||||||||||
| Total debt | $1.28B | $1.27B | $1.33B | $1.27B | $1.27B | $1.27B | $1.29B | $1.26B | $1.26B | $1.25B | $1.28B | $1.25B |
| Net cash (debt) | $365.4M | $482.3M | $298.3M | $262.0M | $187.2M | $161.0M | $67.7M | $56.6M | −$22.9M | −$133.6M | −$277.1M | −$293.0M |
| Working capital | $3.21B | $3.26B | $3.48B | $3.39B | $3.28B | $3.14B | $3.03B | $3.04B | $2.91B | $2.79B | $2.71B | $2.62B |
| Tangible book value | $4.54B | $4.59B | $4.55B | $4.44B | $4.34B | $4.17B | $4.07B | $4.11B | $3.94B | $3.79B | $3.71B | $3.53B |
| Book value per share | $114.85 | $113.06 | $112.34 | $109.59 | $107.84 | $103.58 | $100.82 | $102.53 | $98.82 | $95.79 | $94.26 | $89.61 |
| Shares outstanding | 52.6M | 52.7M | 52.8M | 53.1M | 53.0M | 53.3M | 53.5M | 53.4M | 53.5M | 53.7M | 53.8M | 53.9M |
| Current ratio | 3.43 | 3.53 | 4.79 | 4.40 | 4.48 | 4.14 | 4.15 | 4.18 | 4.06 | 3.82 | 3.88 | 3.67 |
| Quick ratio | 2.51 | 2.61 | 3.51 | 3.22 | 3.23 | 3.02 | 3.02 | 2.99 | 2.89 | 2.70 | 2.66 | 2.50 |
| Debt / equity | 0.21 | 0.21 | 0.22 | 0.22 | 0.22 | 0.23 | 0.24 | 0.23 | 0.24 | 0.24 | 0.25 | 0.26 |
| Equity / assets | 69.9% | 70.0% | 70.5% | 69.6% | 69.7% | 68.4% | 68.3% | 68.8% | 68.1% | 67.1% | 67.2% | 66.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 12, 2026); data from EODHD.
SNA financial position
At the end of fiscal 2025 (December 31, 2025), Snap-on had total assets of $8.4 billion (up 6.5% from a year earlier), total liabilities of $2.5 billion and shareholders' equity of $5.9 billion. It held $1.6 billion in cash and short-term investments against $1.3 billion of debt, a net cash position of $298.3 million. Its current ratio was 4.79. In the latest quarter (ended June 30, 2026) total assets were $8.6 billion and equity $6.0 billion.
Related: SNA income statement, SNA cash flow statement, SNA key metrics. See the SNA stock overview for the latest quote and news.
SNA balance sheet FAQ
What are Snap-on's total assets?
Snap-on reported total assets of $8.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $7.9 billion a year earlier.
How much debt does Snap-on have?
Snap-on had $1.3 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.22.
How much cash does Snap-on have?
Snap-on held $1.6 billion in cash and short-term investments at the end of fiscal 2025; with $1.3 billion of debt that is net cash of $298.3 million.
What is Snap-on's book value?
Snap-on's shareholders' equity (book value) was $5.9 billion at the end of fiscal 2025, or $111.92 per share.
What is Snap-on's current ratio?
Snap-on had current assets of $4.4 billion and current liabilities of $918.5 million, a current ratio of 4.79 (it can cover its short-term obligations).
How much goodwill does Snap-on have?
Snap-on carried $1.4 billion of goodwill and intangible assets, 16.4% of total assets, at the end of fiscal 2025.