Tax Rate: 21.57%
Is the tax rate high or low?
The tax rate of 21.57% is in line with its 5-year average of 22.18%, near the low end of its 5-year range (21.01%–23.36%).
1.61% below its 12-month average of 21.92%.
SNA Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
SNA Average Tax Rate Chart
SNA Current vs Average Tax Rate Chart
SNA Tax Rate Metrics
TAX RATE
21.57%
TAX RATE AVG TTM
21.92%
TAX RATE AVG 3Y
22.07%
TAX RATE AVG 5Y
22.18%
TAX RATE AVG 10Y
22.54%
TAX RATE AVG 15Y
26.53%
TAX RATE AVG 20Y
27.72%
CURRENT VS TTM AVG
-1.61%
CURRENT VS 3Y AVG
-2.28%
CURRENT VS 5Y AVG
-2.78%
CURRENT VS 10Y AVG
-4.33%
CURRENT VS 15Y AVG
-18.70%
CURRENT VS 20Y AVG
-22.20%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Snap-on Incorporated (SNA)?
- The tax rate for SNA stock is 21.57%.
- Is Snap-on Incorporated's tax rate high or low?
- The tax rate of 21.57% is in line with its 5-year average of 22.18%, near the low end of its 5-year range (21.01%–23.36%).
- What is the TTM average tax rate for Snap-on Incorporated (SNA)?
- The TTM average tax rate for SNA stock is 21.92%.
- What is the 3Y average tax rate for Snap-on Incorporated (SNA)?
- The 3Y average tax rate for SNA stock is 22.07%.
- What is the 5Y average tax rate for Snap-on Incorporated (SNA)?
- The 5Y average tax rate for SNA stock is 22.18%.
- What is the 10Y average tax rate for Snap-on Incorporated (SNA)?
- The 10Y average tax rate for SNA stock is 22.54%.
- What is the 15Y average tax rate for Snap-on Incorporated (SNA)?
- The 15Y average tax rate for SNA stock is 26.53%.
- What is the 20Y average tax rate for Snap-on Incorporated (SNA)?
- The 20Y average tax rate for SNA stock is 27.72%.
SNA Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-04-04 | 21.57% |
| 2026-01-03 | 21.91% |
| 2025-09-27 | 22.19% |
| 2025-06-28 | 22.02% |
| 2025-03-29 | 21.78% |
| 2024-12-31 | 22.11% |
| 2024-09-28 | 22.49% |
| 2024-06-29 | 22.22% |
| 2024-03-30 | 21.81% |
| 2023-12-31 | 21.01% |
| 2023-09-30 | 22.20% |
| 2023-07-01 | 22.46% |
| 2023-04-01 | 22.68% |
| 2022-12-31 | 21.56% |
| 2022-10-01 | 21.19% |
| 2022-07-02 | 23.36% |
| 2022-04-02 | 23.26% |
| 2021-12-31 | 21.86% |
| 2021-10-02 | 23.21% |
| 2021-07-03 | 22.78% |
| 2021-04-03 | 23.02% |
| 2020-12-31 | 21.40% |
| 2020-09-26 | 22.98% |
| 2020-06-27 | 23.15% |
| 2020-03-28 | 23.61% |
| 2019-12-31 | 21.84% |
| 2019-09-28 | 22.96% |
| 2019-06-29 | 23.12% |
| 2019-03-30 | 23.81% |
| 2018-12-31 | 21.63% |
| 2018-09-29 | 23.52% |
| 2018-06-30 | 23.42% |
| 2018-03-31 | 25.74% |
| 2017-12-31 | 32.39% |
| 2017-09-30 | 29.50% |
| 2017-07-01 | 30.13% |
| 2017-04-01 | 30.15% |
| 2016-12-31 | 30.28% |
| 2016-10-01 | 30.67% |
| 2016-07-02 | 30.46% |
| 2016-04-02 | 30.54% |
| 2015-12-31 | 30.60% |
| 2015-10-03 | 31.05% |
| 2015-07-04 | 31.47% |
| 2015-04-04 | 31.49% |
| 2014-12-31 | 31.66% |
| 2014-09-27 | 31.29% |
| 2014-06-28 | 32.34% |
| 2014-03-29 | 31.13% |
| 2013-12-31 | 31.52% |
| 2013-09-28 | 31.95% |
| 2013-06-29 | 31.98% |
| 2013-03-30 | 31.27% |
| 2012-12-31 | 31.49% |
| 2012-09-29 | 31.64% |
| 2012-06-30 | 32.90% |
| 2012-03-31 | 32.87% |
| 2011-12-31 | 32.50% |
| 2011-10-01 | 31.03% |
| 2011-07-02 | 33.47% |
| 2011-04-02 | 32.27% |
| 2010-12-31 | 29.38% |
| 2010-10-02 | 33.52% |
| 2010-07-03 | 30.43% |
| 2010-04-03 | 33.75% |
| 2009-12-31 | 30.56% |
| 2009-10-03 | 28.53% |
| 2009-07-04 | 29.43% |
| 2009-04-04 | 33.03% |
| 2008-12-31 | 31.94% |
| 2008-09-27 | 33.25% |
| 2008-06-28 | 49.50% |
| 2008-03-29 | 33.41% |
| 2007-12-31 | 30.22% |
| 2007-09-29 | 34.45% |
| 2007-06-30 | 32.48% |
| 2007-03-31 | 33.45% |
| 2006-12-31 | 28.84% |
| 2006-09-30 | 34.42% |
| 2006-07-01 | 24.84% |
| 2006-04-01 | 34.62% |
| 2005-12-31 | 36.13% |
| 2005-10-01 | 42.78% |
| 2005-07-02 | 34.96% |
| 2005-04-02 | 34.91% |
| 2005-02-01 | 35.31% |
| 2004-10-02 | 22.97% |
| 2004-07-03 | 35.09% |
| 2004-04-03 | 34.87% |
| 2003-12-31 | 34.96% |
| 2003-09-27 | 22.71% |
| 2003-06-28 | 34.99% |
| 2003-03-29 | 34.95% |
| 2002-12-31 | 35.98% |
| 2002-09-28 | 36.21% |
| 2002-06-29 | 35.96% |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Manufacturing - Tools & Accessories
- CEO
- Nicholas T. Pinchuk