Snap-On Stock

Snap-On Market capitalization 2024

Snap-On Market capitalization

14.72 B USD

Ticker

SNA

ISIN

US8330341012

WKN

853887

In 2024, Snap-On's market cap stood at 14.72 B USD, a 3.05% increase from the 14.29 B USD market cap in the previous year.

The Snap-On Market capitalization history

YEARMarket Capitalization (undefined USD)
202314.07
202211.73
202111.88
20208.05
20198.92
20189.28
20179.49
20169.34
20159.2
20147.07
20135.45
20123.89
20113.25
20102.68
20091.92
20082.87
20072.92
20062.47
20052.03
20041.87

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.

Market capitalization Details

Exploring Snap-On's Market Capitalization

Snap-On's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Snap-On's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Snap-On's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Snap-On’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Snap-On stock

What is the current Snap-On market capitalization?

The current market capitalization of Snap-On is 14.72 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Snap-On.

How has the market capitalization of Snap-On developed in recent years?

The market capitalization of Snap-On has increased/decreased by 3.05% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Snap-On?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Snap-On?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Snap-On have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Snap-On pay?

Over the past 12 months, Snap-On paid a dividend of 6.72 USD . This corresponds to a dividend yield of about 2.46 %. 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 2.46 %.

When does Snap-On pay dividends?

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

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 2.78 %.

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 6/10/2024 amounting to 1.86 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.

When did Snap-On pay the last dividend?

The last dividend was paid out on 6/10/2024.

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.