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SNASnap-on Incorporated

Debt to Assets Ratio: 14.92%

Is the debt to assets ratio high or low?

The debt to assets ratio of 14.92% is 13% below its 5-year average of 17.11%, near the low end of its 5-year range (14.92%–21.86%).

As of Thursday, June 25, 2026. 2.79% below its 12-month average of 15.35%.

Debt to Assets

SNA Debt to Assets Ratio

14.92%

Reported quarterly debt to assets ratio; no daily interpolation.

-31.74% 5Y
SNA Debt to Assets Ratio

SNA Average Debt to Assets Ratio Chart

SNA Debt to Assets Ratio

SNA Current vs Average Debt to Assets Ratio Chart

SNA Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

14.92%

DEBT TO ASSETS RATIO AVG TTM

15.35%

DEBT TO ASSETS RATIO AVG 3Y

16.11%

DEBT TO ASSETS RATIO AVG 5Y

16.86%

DEBT TO ASSETS RATIO AVG 10Y

19.30%

DEBT TO ASSETS RATIO AVG 15Y

20.61%

DEBT TO ASSETS RATIO AVG 20Y

21.13%

CURRENT VS TTM AVG

-2.79%

CURRENT VS 3Y AVG

-7.37%

CURRENT VS 5Y AVG

-11.50%

CURRENT VS 10Y AVG

-22.69%

CURRENT VS 15Y AVG

-27.58%

CURRENT VS 20Y AVG

-29.38%

SNA Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Snap-on Incorporated (SNA)$20.77B14.92%15.35%16.11%16.86%
RBC Bearings Incorporated (RBC)vs ›$20.53B0.19%N/AN/AN/A
Expeditors International of Washington, Inc. (EXPD)vs ›$21.15B0.12%N/AN/AN/A
C.H. Robinson Worldwide, Inc. (CHRW)vs ›$21.26B0.32%N/AN/AN/A
Lennox International Inc. (LII)vs ›$19.86B0.51%N/AN/AN/A
Veralto Corporation (VLTO)vs ›$21.81B0.35%N/AN/AN/A
BWX Technologies, Inc. (BWXT)vs ›$19.14B0.47%N/AN/AN/A
Fortive Corporation (FTV)vs ›$18.82B0.27%N/AN/AN/A
Everpure, Inc. (P)vs ›$23.83B0.05%N/AN/AN/A
XPO Logistics, Inc. (XPO)vs ›$23.90B0.57%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

14.9%

Debt/Equity

0.22

Current Ratio

4.79

Interest Coverage

25.4x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Snap-on Incorporated (SNA)?
The debt to assets ratio for SNA stock is 14.92%.
Is Snap-on Incorporated's debt to assets ratio high or low?
The debt to assets ratio of 14.92% is 13% below its 5-year average of 17.11%, near the low end of its 5-year range (14.92%–21.86%).
What is the TTM average debt to assets ratio for Snap-on Incorporated (SNA)?
The TTM average debt to assets ratio for SNA stock is 15.35%.
What is the 3Y average debt to assets ratio for Snap-on Incorporated (SNA)?
The 3Y average debt to assets ratio for SNA stock is 16.11%.
What is the 5Y average debt to assets ratio for Snap-on Incorporated (SNA)?
The 5Y average debt to assets ratio for SNA stock is 16.86%.
What is the 10Y average debt to assets ratio for Snap-on Incorporated (SNA)?
The 10Y average debt to assets ratio for SNA stock is 19.30%.
What is the 15Y average debt to assets ratio for Snap-on Incorporated (SNA)?
The 15Y average debt to assets ratio for SNA stock is 20.61%.
What is the 20Y average debt to assets ratio for Snap-on Incorporated (SNA)?
The 20Y average debt to assets ratio for SNA stock is 21.13%.

SNA Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-04-0414.92%
2026-01-0315.77%
2025-09-2715.22%
2025-06-2815.50%
2025-03-2915.79%
2024-12-3116.37%
2024-09-2815.80%
2024-06-2916.18%
2024-03-3016.36%
2023-12-3116.95%
2023-09-3017.14%
2023-07-0117.32%
2023-04-0117.50%
2022-12-3118.14%
2022-10-0118.11%
2022-07-0218.09%
2022-04-0217.92%
2021-12-3118.55%
2021-10-0218.77%
2021-07-0321.86%
2021-04-0322.22%
2020-12-3122.93%
2020-09-2624.14%
2020-06-2724.24%
2020-03-2820.54%
2019-12-3121.20%
2019-09-2821.69%
2019-06-2920.77%
2019-03-3020.50%
2018-12-3121.07%
2018-09-2920.72%
2018-06-3020.35%
2018-03-3120.53%
2017-12-3122.61%
2017-09-3022.99%
2017-07-0121.82%
2017-04-0120.96%
2016-12-3121.39%
2016-10-0119.48%
2016-07-0219.75%
2016-04-0219.96%
2015-12-3119.61%
2015-10-0320.88%
2015-07-0421.01%
2015-04-0422.13%
2014-12-3121.33%
2014-09-2721.53%
2014-06-2821.47%
2014-03-2921.35%
2013-12-3123.65%
2013-09-2823.87%
2013-06-2924.64%
2013-03-3025.09%
2012-12-3125.00%
2012-09-2925.57%
2012-06-3026.31%
2012-03-3126.40%
2011-12-3126.79%
2011-10-0127.05%
2011-07-0230.59%
2011-04-0230.48%
2010-12-3131.39%
2010-10-0226.91%
2010-07-0327.87%
2010-04-0327.71%
2009-12-3130.95%
2009-10-0333.28%
2009-07-0427.25%
2009-04-0428.40%
2008-12-3119.02%
2008-09-2717.92%
2008-06-2817.76%
2008-03-2917.98%
2007-12-3118.73%
2007-09-2919.37%
2007-06-3019.59%
2007-03-3121.05%
2006-12-3120.69%
2006-09-309.95%
2006-07-0110.16%
2006-04-0111.01%
2005-12-3111.28%
2005-10-0114.38%
2005-07-0214.31%
2005-04-0214.70%
2005-02-0114.45%
2004-10-0215.43%
2004-07-0315.40%
2004-04-0315.31%
2003-12-3115.58%
2003-09-2715.93%
2003-06-2816.00%
2003-03-2917.74%
2002-12-3118.09%
2002-09-2820.42%
2002-06-2921.70%

About Snap-on Incorporated

Snap-on Incorporated, a global provider based in Kenosha, Wisconsin, specializes in the production and distribution of an extensive range of tools, equipment, diagnostic systems, and repair information solutions for professional users worldwide. The company operates through its Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. Its comprehensive product portfolio includes a diverse selection of hand tools like wrenches, sockets, pliers, screwdrivers, cutting and pruning tools, and torque measuring instruments. Snap-on also supplies various power tools (cordless, pneumatic, hydraulic, and corded) and robust tool storage solutions such as chests and roll cabinets. Beyond physical tools, the firm delivers advanced diagnostic offerings, spanning handheld and computer-based products, specialized software, service and repair information, electronic parts catalogs, business management systems, point-of-sale systems, and integrated solutions for vehicle service shops. Additionally, it provides services for OEM purchasing facilitation and warranty management systems with analytics. The company's specialized equipment for vehicle and industrial machinery service includes wheel alignment systems, balancers, tire changers, vehicle lifts, test lane apparatus, collision repair tools, AC service units, brake service equipment, fluid exchange systems, transmission troubleshooting gear, safety testing devices, battery chargers, and hoists, all backed by after-sales support and training programs. To facilitate product sales and support its franchise business, Snap-on also offers financing programs. Its diverse clientele extends across aviation, aerospace, agriculture, construction, government, military, mining, natural resources, power generation, and technical education industries, alongside vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920.

Kenosha, WI
13,000 employees
Industrials / Manufacturing - Tools & Accessories
Sector
Industrials
Industry
Manufacturing - Tools & Accessories
CEO
Nicholas T. Pinchuk