Snap-on management check
SNA · Industrials · Industrial Machinery & Supplies & Components · CEO Nicholas T. Pinchuk
Filings as of
5 good · 1 to watch · 1 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2022 grew to $229, against $190 for the peer group the company picked itself.
- Flag
Does pay follow performance?
Pay moved against returnsOver 4 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of -0.50 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
1.0% of net income$10.1m of reported pay in fiscal 2026, against $1.0bn of net income.
- Watch
Do they own the stock?
CEO stake ≈ 35 years of payThe CEO holds 890,667.959 shares, directly or through trusts (unvested awards not counted): about 35 years of pay. 8 insiders sold $32.3m in the last six months and none bought. 29 of 37 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -0.8% a year over the last three fiscal years. Stock-based pay was 0.6% of revenue in the latest year.
- Good
Is leadership stable?
1 leadership filings in 3 yearsCEO in the pay table: Nicholas T. Pinchuk. 1 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 76 | 55 | |
| Pay for performance | 25 | 86 | |
| CEO cost | 50 | 48 | |
| Skin in the game | 80 | 55 | |
| Dilution | 60 | 62 | |
| Stable leadership | 100 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Industrial Machinery & Supplies & Components, by management score. Snap-on is 33rd of 81 in its sector.
- 120HUBBHubbell Incorporated75
- 123GWWW. W. Grainger74
- 151PHParker Hannifin72
- 170OTISOtis Worldwide71
- 179SNASnap-on70
- 196DOVDover Corporation69
- 197IRIngersoll Rand69
- 213PNRPentair68
- 286XYLXylem Inc.62
- 293NDSNNordson Corporation62
Pay versus performance
From the proxy statement filed March 12, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2026 | Nicholas T. Pinchuk | $10.1m | $6.0m | $2.7m | $229 | $190 | $1.0bn |
| 2024 | — | $10.5m | $10.5m | $2.9m | $220 | $159 | $1.0bn |
| 2023 | — | $10.6m | $21.2m | $2.9m | $182 | $135 | $1.0bn |
| 2022 | — | $9.5m | $12.6m | $2.7m | $140 | $114 | $911.7m |
The board says pay is tied most to RONAEBIT. Its other key measures: Operating income, Sales, Share price.
Insiders and the CEO's stake
Nicholas T Pinchuk (Chairman, President and CEO) held 890,667.959 shares directly after their latest Form 4 on Aug 18, 2026, roughly $358.0m at that filing's price.
8 insiders sold $32.3m in the last six months and none bought. 29 of 37 sales ran on pre-arranged 10b5-1 plans.
- SoldNicholas T PinchukChairman, President and CEO · 10b5-1 plan$17.9mAug 18, 2026
- SoldAldo John PagliariSr VP - Finance & CFO$4.8mAug 13, 2026
- SoldTimothy L ChambersSr VP & Pres - Tools · 10b5-1 plan$4.0mJul 28, 2026
- SoldJune C LemerandVP & Chief Information Officer$1.8mAug 11, 2026
Leadership and governance on file
- Feb 22, 2024Leadership change8-K 5.02
Latest shareholder vote results: May 1, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $3.4bn returned to owners in buybacks and dividends, 70% of net income, and $177.6m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.2bn | $4.5bn | $4.7bn | $4.7bn | $4.7bn |
| Net income | $820.5m | $911.7m | $1.0bn | $1.0bn | $1.0bn |
| Stock-based pay | $41.4m | $34.0m | $44.7m | $28.6m | $28.9m |
| Buybacks | $431.3m | $198.1m | $294.7m | $290.0m | $328.6m |
| Dividends | $275.8m | $313.1m | $355.6m | $406.4m | $462.2m |
| Diluted shares | 55m | 54m | 54m | 54m | 53m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.