Snap-on
0.28 %
-7.68 %
Yet to be announced
Company Overview
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users. It operates through Commercial & Industrial Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, pliers, screwdrivers, saws and cutting tools, pruning tools, torque measuring instruments, and other products.
Revenue Sources
PassBased on the company's SEC filings and financial reports, Snap-on's revenue is primarily derived from the sale of tools, equipment, and diagnostic solutions to professional users. These products and services are halal as they provide tangible value and utility. There is no evidence of significant revenue from haram sources such as alcohol, gambling, or interest-based financial products.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 27, 2025 | $1.29b | $956.9m | - | $12.4m | 0.00% | 1.30% |
| June 28, 2025 | $1.28b | $966.1m | - | $12.3m | 0.00% | 1.27% |
| March 29, 2025 | $1.24b | $942.2m | - | $12.4m | 0.00% | 1.32% |
| Dec. 28, 2024 | $1.3b | $979.6m | - | $12.3m | 0.00% | 1.26% |
Analyzing the last four quarters of financial data: The company's interest expense to total expense ratio has remained consistently low, averaging around 1.3% of total expenses. This level is well below the 5% threshold we consider significant for interest expense.
Operational Ethics
PassBased on review of Snap-on's public disclosures and operations, there is no evidence of significant ongoing relationships with entities involved in human rights violations. While the company has global operations, there are no documented material ties to the State of Israel or direct involvement with the Chinese Communist Party.
Comments