Snap-On Stock

Snap-On Employees 2024

Snap-On Employees

12,800

Ticker

SNA

ISIN

US8330341012

WKN

853887

In 2024, Snap-On employed 12,800 people, a 0% change from the 12,800 number of employees in the previous year.

Snap-On Aktienanalyse

What does Snap-On do?

Snap-On Inc. is an internationally operating company headquartered in Kenosha, Wisconsin, USA, and active in the areas of innovation, manufacturing, and sales of professional tools and equipment. The company is known for its high-quality products, which are appreciated by both amateur and professional craftsmen and technicians. Establishment and history Snap-On was founded in 1920 by Joseph Johnson and William Seidemann as the Snap-On Wrench Company. Initially, the company mainly focused on the production of keys and tools for servicing heavy machinery such as steam locomotives. But it didn't take long for the company to evolve into a high-quality tool manufacturer over time, offering applications not only for mechanical maintenance but also for aviation and the marine industry. Business model and divisions Snap-On's business model specializes in the development, manufacturing, marketing, and distribution of professional tools. The company has built a world-class manufacturing infrastructure that delivers high-quality products at over 130 locations worldwide. Sales primarily occur through direct sales - the company has built a network of dealers who sell its products to customers. This distribution system allows customers to directly purchase Snap-On tools and equipment, benefiting from high quality, a wide product selection, and excellent customer service. Snap-On operates in three main divisions: the Commercial & Industrial Group, the Snap-On Tools Group, and the Repair Systems & Information Group. Each group offers specialized services and products tailored to the needs of various industries and applications. The Commercial & Industrial Group offers a wide range of tools and equipment suitable for professional applications in the areas of postal services, railways, transportation, construction, and petrochemicals. The products include hand tools, power tools, specialty tools, measuring equipment, and lifting aids. The Snap-On Tools Group focuses on the automotive industry. It manufactures professional hand tools, power tools, diagnostic equipment, workshop equipment, and specialty tools. Snap-On's products are used by all major car and aircraft manufacturers, and the group also has a strong presence in the motorsport industry. The Repair Systems & Information Group offers specialized software and diagnostic products to help technicians in the automotive and other industries identify and fix faults and problems in vehicles and other devices, as well as optimize processes. This group also develops intelligent devices and connected solutions to support collaborative maintenance. Products Snap-On offers an impressive range of products specialized in meeting the needs of craftsmen and technicians. There are several hundred thousand items available, including hand tools, specialty tools, power tools, lifts, and diagnostic devices. One of Snap-On's most well-known product lines is the "Flank Drive" series of sockets. These sockets have specially shaped surfaces that allow for a perfect connection between the socket and screw head, avoiding slippage of the socket (known as rounding of the corners). This is particularly important in applications where precise fit is required, such as in the manufacture or maintenance of aircraft. Another well-known Snap-On product is the Digital Gravity Scale. This scale is used in the aerospace industry to measure the mass of objects. The device operates on a highly precise weighing platform and can perform measurements with an accuracy of a few hundredths of a gram. Overall, Snap-On is an impressive company that offers invaluable support to many industries and applications with its high-quality tools and equipment. For the craftsman and technician, it is the tools that enable high-quality work - Snap-On has been synonymous with quality and expertise for 100 years. Snap-On ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Employees Details

Examining Snap-On's Employee Base

Snap-On's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding Snap-On's operational capacity and future potential.

Year-to-Year Comparison

Assessing Snap-On's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

Snap-On's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in Snap-On’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about Snap-On stock

How many employees does Snap-On have this year?

Snap-On has 12,800 undefined employees this year.

How many employees did Snap-On have compared to the previous year?

Compared to the previous year, Snap-On had 0% more employees.

What impact did the number of employees have on the company Snap-On?

The number of employees has a direct impact on the efficiency and productivity of Snap-On. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of Snap-On?

The number of employees can also have an impact on investors of Snap-On, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of Snap-On affect the company?

An increase in equity of Snap-On can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in Snap-On's equity affect the company?

A reduction in equity of Snap-On can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of Snap-On?

Some factors that can influence the equity of Snap-On include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of Snap-On so important for investors?

The equity of Snap-On is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at Snap-On influence the company?

The number of employees at Snap-On can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at Snap-On evolved in recent years?

In recent years, the number of employees at Snap-On has changed by 0.

How many employees does Snap-On currently have?

Snap-On currently has 12,800 undefined employees.

Why is the number of employees important for investors of Snap-On?

The number of employees is important for investors of Snap-On as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can Snap-On take to change the number of employees?

To change the number of employees, Snap-On can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

How much dividend does Snap-On pay?

Over the past 12 months, Snap-On paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Snap-On is expected to pay a dividend of 7.6 USD.

What is the dividend yield of Snap-On?

The current dividend yield of Snap-On is .

When does Snap-On pay dividends?

Snap-On pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Snap-On?

Snap-On paid dividends every year for the past 25 years.

What is the dividend of Snap-On?

For the upcoming 12 months, dividends amounting to 7.6 USD are expected. This corresponds to a dividend yield of 2.65 %.

In which sector is Snap-On located?

Snap-On is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Snap-On kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Snap-On from 9/10/2024 amounting to 1.86 USD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Snap-On pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Snap-On in the year 2023?

In the year 2023, Snap-On distributed 5.88 USD as dividends.

In which currency does Snap-On pay out the dividend?

The dividends of Snap-On are distributed in USD.

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Andere Kennzahlen von Snap-On

Our stock analysis for Snap-On Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Snap-On Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.