In 2024, Snap-On's return on assets (ROA) was 0.13, a 2.49% increase from the 0.13 ROA 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.

ROA Details

Understanding Snap-On's Return on Assets (ROA)

Snap-On's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Snap-On's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Snap-On's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Snap-On’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Snap-On stock

What is the Return on Assets (ROA) of Snap-On this year?

The Return on Assets (ROA) of Snap-On is 0.13 undefined this year.

What was the ROA of Snap-On compared to the previous year?

The ROA of Snap-On has increased by 2.49% compared to the previous year.

What consequences do high ROA have for investors of Snap-On?

A high ROA is advantageous for investors of Snap-On, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Snap-On?

A low ROA can be unfavorable for investors of Snap-On as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Snap-On can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Snap-On impact the company?

A reduction in the ROA of Snap-On can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of Snap-On include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Snap-On important for investors?

The ROA of Snap-On is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Snap-On take to improve ROA?

To improve ROA, Snap-On can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.