Snap-On Inc
Machinery Tools Heavy Vehicles Trains & Ships
Company Summary
Snap-On, Inc. is a machinery company based in the United States of America with a medium risk rating score of 27.6. Specializing in premium tools and software for repair professionals, Snap-On operates through three segments: repair systems and information, commercial and industrial, and tools. The company's unique business model involves franchisee-operated mobile van networks that serve auto technicians who purchase tools at their own expense. Franchisees bear significant risk by investing in the mobile van, inventory, and software, while also extending personal credit to technicians. Snap-On's finance arm provides financing, including loans and leases for mobile vans, to support franchisees. The company's focus on environment, sustainability, and governance (ESG) makes it a standout in the industry.
ESG Rating Overview
Sustainalytics
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LSEG
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MSCI
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Snap-On is average among 46 companies in the industrial machinery industry.