Company / Interest Expense
Snap-on Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$53.1M
FY2023
5-year range
$49.0M / $54.0M
FY2019-FY2023
Trend
-1.7%
vs FY2022
Sector context
#43 of 113
Industrials
What the data says
At $53M, Snap-on's interest expense ranks #71 of 113 in the Industrials sector. Interest Expense remained relatively stable over the past 8 years, with values between $49M and $54M.
Based on SEC 10-K filings.
$53M in FY2023 with a 5-year CAGR of +0.3%.
Increased from $49M to $53M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +1.8%
- 5-Year CAGR
- +0.3%
- 10-Year CAGR
- -
Sector benchmark
#71 of 113 in IndustrialsTop 62% of 113This company $53.1M Sector average $104.4M
▼
-49.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.3%, indicating consistent growth.
- In FY2023, interest expense decreased 1.7% year-over-year.
- Ranks #43 out of 113 companies in the Industrials sector.
- Peak interest expense was recorded in FY2022.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $53.1M | -1.7% |
| FY2022 | $54.0M | +10.2% |
| FY2021 | $49.0M | -2.8% |
| FY2020 | $50.4M | -3.8% |
| FY2019 | $52.4M | +0.4% |
| FY2018 | $52.2M | -0.4% |
| FY2017 | $52.4M | +0.4% |
| FY2016 | $52.2M | +0.6% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026