HIGHBuilt-inGeographic
United States
“10-K Item 1: 'Snap-on’s largest geographic market is the United States'”
SNA · Concentration risk · 10-K extracted
Snap-On (SNA) concentration risks
Updated
The most significant concentration Snap-On discloses is United States, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Snap-On’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inProduct / Revenue mix
38%
Snap-on Tools Group
“10-K Item 1A: 'Approximately 38% of our consolidated net revenues (net sales plus financial services revenue) in 2025 were generated by the Snap-on Tools Group'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile has two exposures: a high-share domestic market skew and a moderate-share segment revenue concentration. The United States is the company's largest geographic market, a high-share structural exposure that reflects the brand's positioning with professional technicians and institutional customers predominantly in North America. The structural character means this is a deliberate franchise feature rather than a dependency on any individual customer or counterparty, and demand is broadly diversified across the automotive, industrial, and commercial end markets the company serves. Within the product portfolio, the Snap-on Tools Group generated approximately 38% of consolidated net revenues (net sales plus financial services revenue) in 2025, a moderate-share structural segment concentration. This segment primarily serves vehicle repair technicians through the franchised dealer network, and its revenue share reflects the scale of the direct-to-technician go-to-market model relative to the company's other segments serving repair shop owners and industrial markets. The structural character means this is a deliberate strategic emphasis rather than an idiosyncratic dependency. Together the two exposures define a company that is materially tied to the health of the U.S. professional tools and equipment market through its largest segment. There are no disclosed customer, supplier, or counterparty concentrations identified in the filing. On balance the profile is moderate and well-diversified at the named-entity level — neither a specific customer nor a specific geography within the U.S. is called out as a point of concentration — and the segment-level disclosure is the primary variable to track alongside broader professional tools demand.
For the engine’s reasoning on SNA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Tools & Accessories
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| SWK | Stanley Black & Decker, Inc. | 2 | 1 | 2 | 5 |
| RBC | RBC Bearings Incorporated | 1 | 1 | 0 | 2 |
| SNA● | Snap-On Incorporated | 1 | 1 | 0 | 2 |
| HLMN | Hillman Solutions Corp. | 0 | 2 | 2 | 4 |
| KMT | Kennametal Inc. | 0 | 0 | 0 | 0 |
| LECO | Lincoln Electric Holdings, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.