Snap-on Incorporated · NYSE:SNA
Snap-on — Q4 2025 Earnings Presentation
14 slides from Snap-on's earnings presentation, Feb 5, 2026
Slide 1: Quarterly Financial Review Fourth Quarter 2025
Quarterly Financial Review Fourth Quarter 2025 Q4-2025 Quarterly Review © 2026 Snap-on Incorporated
Slide 2: Our Mission
OUR MISSION The most valued productivity solutions in the world BELIEFS VALUES VISION We deeply believe in: Our behaviors define our success: To be acknowledged as the: Non-negotiable Product and We demonstrate Integrity. Brands of Choice MSI 2) pact ; We tell the Truth. Employer of Choice Uncomprom
Slide 3: Cautionary Statement
Cautionary Statement These slides should be read in conjunction with comments from the February 5, 2026 conference call. The financial statement information included herein is unaudited. Statements made during the February 5, 2026 conference call and/or information included in this presentation
Slide 4: Nick Pinchuk, Chairman and Chief Executive Officer
Nick Pinchuk Chairman and Chief Executive Officer Q4-2025 Quarterly Review © 2026 Snap-on Incorporated
Slide 5: Aldo Pagliari, Senior Vice President and Chief Financial Officer
Aldo Pagliari Senior Vice President and Chief Financial Officer Q4-2025 Quarterly Review © 2026 Snap-on Incorporated
Slide 6: Consolidated Results
Consolidated Results Q4 2025 Q4 2024 ($ in millions, except per share data - unaudited) $ % $ % Change Net sales $ 1,231.9 $ 1,198.7 2.8 % Organic sales 17.6 1.4 % Currency translation 15.6 1.4 % Gross profit $ 605.5 49.2 % $ 596.1 49.7 % Operating expenses 340.3 27.7 % 330.9 27.6 % Operating ea
Slide 7: Commercial & Industrial
Commercial & Industrial ($ in millions - unaudited) Q4 2025 Q4 2024 Change Segment sales $ 398.1 $ 379.2 5.0 % Organic sales 11.0 2.8 % Currency translation 7.9 2.2 % Gross profit $ 153.5 $ 155.4 % of sales 38.6 % 41.0 % Operating expenses $ 92.9 $ 91.9 % of sales 23.4 % 24.3 % Operating earning
Slide 8: Snap-on Tools
Snap-on Tools ($ in millions - unaudited) Q4 2025 Q4 2024 Change Segment sales $ 505.0 $ 506.6 (0.3)% Organic sales (3.4) (0.7)% Currency translation 1.8 0.4 % Gross profit $ 232.6 $ 226.1 % of sales 46.1 % 44.6 % Operating expenses $ 125.3 $ 119.2 % of sales 24.9 % 23.5 % Operating earnings $ 1
Slide 9: Repair Systems & Information
Repair Systems & Information ($ in millions - unaudited) Q4 2025 Q4 2024 Change Segment sales $ 467.8 $ 456.6 2.5 % Organic sales 4.8 1.0 % Currency translation 6.4 1.5 % Gross profit $ 219.4 $ 214.6 % of sales 46.9 % 47.0 % Operating expenses $ 101.7 $ 93.2 % of sales 21.7 % 20.4 % Operating ea
Slide 10: Financial Services
Financial Services ($ in millions - unaudited) Q4 2025 Q4 2024 Change Segment revenue $ 108.0 $ 100.5 7.5 % Operating earnings $ 74.4 $ 66.7 11.5 % Originations $ 285.1 $ 285.1 — Originations were unchanged from last year Average yields on finance receivables were 17.6% in 2025 and 17.7% in 2024
Slide 11: Financial Services Portfolio Data
Financial Services Portfolio Data United States International Extended Extended ($ in millions - unaudited) Credit Total Credit Total Gross finance portfolio $ 1,706.6 $ 2,150.2 $ 255.9 $ 359.3 Portfolio net losses (TTM) $ 67.2 $ 69.0 $ 4.9 $ 5.7 60+ Delinquency: As of 12/31/25 2.1 % 1.7 % 1.0 % 0.9
Slide 12: Cash Flows
Cash Flows Fourth Quarter Full Year ($ in millions - unaudited) 2025 2024 2025 2024 Net cash provided by operating activities $ 268.1 $ 293.5 $ 1,081.7 $ 1,217.5 Net earnings 267.0 264.2 1,042.3 1,068.9 Depreciation and amortization 25.3 24.3 98.5 98.0 Changes in deferred income taxes 3.2 (1.0
Slide 13: Balance Sheet
Balance Sheet January 3, December 28, ($ in millions - unaudited) 2026 2024 Trade & Other Accounts Receivable – net $ 881.4 $ 815.6 Days Sales Outstanding 67 62 Finance Receivables – net $ 1,889.0 $ 1,922.3 Contract Receivables – net $ 553.1 $ 538.3 Inventories – net $ 1,025.2 $ 943.4 Inventory turn
Slide 14: Q4-2025 Quarterly Review
Q4-2025 Quarterly Review © 2026 Snap-on Incorporated