Snap-on Incorporated (NYSE: SNA), a leading manufacturer of tools and equipment, on Thursday reported an increase in earnings and revenue for the third quarter of 2025.
Net sales were $1.19 billion in the third quarter of 2025, representing an increase of 3.8% from the year-ago quarterFinancial services revenue was $101.1 million in Q3, compared to $100.4 million in the year-ago quarterQ3 net earnings rose to $265.4 million or $5.02 per share from $251.1 million or $4.70 per share a year agoSnap-on reported operating earnings, before financial services, of $278.5 million for Q3, vs. $252.4 million last yearAs a percentage of net sales, operating earnings before financial services moved up to 23.4% from 22.0% in Q3 2024The effective income tax rate dropped to 22.6% in the third quarter of 2025 from 22.9% in the prior-year quarterFor fiscal 2025, Snap-on forecasts the effective income tax rate in the range of 22% to 23%
