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Side-by-side financial comparison of Fabrinet (FN) and Snap-on (SNA). Click either name above to swap in a different company.

Snap-on is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Fabrinet). Snap-on runs the higher net margin — 21.3% vs 9.9%, a 11.4% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 2.7%). Snap-on produced more free cash flow last quarter ($254.6M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 2.0%).

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.

FN vs SNA — Head-to-Head

Bigger by revenue
SNA
SNA
1.1× larger
SNA
$1.2B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+33.2% gap
FN
35.9%
2.7%
SNA
Higher net margin
SNA
SNA
11.4% more per $
SNA
21.3%
9.9%
FN
More free cash flow
SNA
SNA
$259.9M more FCF
SNA
$254.6M
$-5.3M
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
2.0%
SNA

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FN
FN
SNA
SNA
Revenue
$1.1B
$1.2B
Net Profit
$112.6M
$260.7M
Gross Margin
12.2%
Operating Margin
10.1%
27.8%
Net Margin
9.9%
21.3%
Revenue YoY
35.9%
2.7%
Net Profit YoY
30.0%
1.0%
EPS (diluted)
$3.11
$4.94

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FN
FN
SNA
SNA
Q4 25
$1.1B
$1.2B
Q3 25
$978.1M
$1.2B
Q2 25
$909.7M
$1.2B
Q1 25
$871.8M
$1.1B
Q4 24
$833.6M
$1.2B
Q3 24
$804.2M
$1.1B
Q2 24
$753.3M
$1.2B
Q1 24
$731.5M
$1.2B
Net Profit
FN
FN
SNA
SNA
Q4 25
$112.6M
$260.7M
Q3 25
$95.9M
$265.4M
Q2 25
$87.2M
$250.3M
Q1 25
$81.3M
$240.5M
Q4 24
$86.6M
$258.1M
Q3 24
$77.4M
$251.1M
Q2 24
$81.1M
$271.2M
Q1 24
$80.9M
$263.5M
Gross Margin
FN
FN
SNA
SNA
Q4 25
12.2%
Q3 25
11.9%
Q2 25
12.2%
Q1 25
11.7%
Q4 24
12.1%
Q3 24
12.3%
Q2 24
12.3%
Q1 24
12.4%
Operating Margin
FN
FN
SNA
SNA
Q4 25
10.1%
27.8%
Q3 25
9.6%
29.4%
Q2 25
9.8%
28.0%
Q1 25
9.0%
27.7%
Q4 24
9.5%
27.9%
Q3 24
9.6%
28.4%
Q2 24
9.7%
29.9%
Q1 24
9.7%
28.9%
Net Margin
FN
FN
SNA
SNA
Q4 25
9.9%
21.3%
Q3 25
9.8%
22.5%
Q2 25
9.6%
21.4%
Q1 25
9.3%
21.2%
Q4 24
10.4%
21.7%
Q3 24
9.6%
22.0%
Q2 24
10.8%
23.1%
Q1 24
11.1%
22.4%
EPS (diluted)
FN
FN
SNA
SNA
Q4 25
$3.11
$4.94
Q3 25
$2.66
$5.02
Q2 25
$2.41
$4.72
Q1 25
$2.25
$4.51
Q4 24
$2.38
$4.83
Q3 24
$2.13
$4.70
Q2 24
$2.22
$5.07
Q1 24
$2.21
$4.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FN
FN
SNA
SNA
Cash + ST InvestmentsLiquidity on hand
$960.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
Total Assets
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
SNA
SNA
Q4 25
$960.8M
Q3 25
$968.8M
$1.5B
Q2 25
$934.2M
$1.5B
Q1 25
$950.7M
$1.4B
Q4 24
$934.6M
$1.4B
Q3 24
$908.9M
$1.3B
Q2 24
$858.6M
$1.2B
Q1 24
$794.0M
$1.1B
Total Debt
FN
FN
SNA
SNA
Q4 25
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FN
FN
SNA
SNA
Q4 25
$2.2B
Q3 25
$2.1B
$5.8B
Q2 25
$2.0B
$5.7B
Q1 25
$1.9B
$5.5B
Q4 24
$1.8B
$5.4B
Q3 24
$1.8B
$5.5B
Q2 24
$1.7B
$5.3B
Q1 24
$1.7B
$5.1B
Total Assets
FN
FN
SNA
SNA
Q4 25
$3.3B
Q3 25
$3.0B
$8.4B
Q2 25
$2.8B
$8.2B
Q1 25
$2.6B
$8.1B
Q4 24
$2.5B
$7.9B
Q3 24
$2.4B
$8.0B
Q2 24
$2.3B
$7.8B
Q1 24
$2.2B
$7.7B
Debt / Equity
FN
FN
SNA
SNA
Q4 25
Q3 25
0.21×
Q2 25
0.21×
Q1 25
Q4 24
0.22×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FN
FN
SNA
SNA
Operating Cash FlowLast quarter
$46.3M
$268.1M
Free Cash FlowOCF − Capex
$-5.3M
$254.6M
FCF MarginFCF / Revenue
-0.5%
20.8%
Capex IntensityCapex / Revenue
4.6%
1.1%
Cash ConversionOCF / Net Profit
0.41×
1.03×
TTM Free Cash FlowTrailing 4 quarters
$102.3M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
SNA
SNA
Q4 25
$46.3M
$268.1M
Q3 25
$102.6M
$277.9M
Q2 25
$55.1M
$237.2M
Q1 25
$74.2M
$298.5M
Q4 24
$115.9M
$293.5M
Q3 24
$83.2M
$274.2M
Q2 24
$83.1M
$301.1M
Q1 24
$100.9M
$348.7M
Free Cash Flow
FN
FN
SNA
SNA
Q4 25
$-5.3M
$254.6M
Q3 25
$57.3M
$258.0M
Q2 25
$4.7M
$217.5M
Q1 25
$45.7M
$275.6M
Q4 24
$94.0M
$275.4M
Q3 24
$62.9M
$253.8M
Q2 24
$70.4M
$277.9M
Q1 24
$87.3M
$326.9M
FCF Margin
FN
FN
SNA
SNA
Q4 25
-0.5%
20.8%
Q3 25
5.9%
21.8%
Q2 25
0.5%
18.6%
Q1 25
5.2%
24.3%
Q4 24
11.3%
23.1%
Q3 24
7.8%
22.3%
Q2 24
9.3%
23.7%
Q1 24
11.9%
27.8%
Capex Intensity
FN
FN
SNA
SNA
Q4 25
4.6%
1.1%
Q3 25
4.6%
1.7%
Q2 25
5.5%
1.7%
Q1 25
3.3%
2.0%
Q4 24
2.6%
1.5%
Q3 24
2.5%
1.8%
Q2 24
1.7%
2.0%
Q1 24
1.9%
1.9%
Cash Conversion
FN
FN
SNA
SNA
Q4 25
0.41×
1.03×
Q3 25
1.07×
1.05×
Q2 25
0.63×
0.95×
Q1 25
0.91×
1.24×
Q4 24
1.34×
1.14×
Q3 24
1.07×
1.09×
Q2 24
1.02×
1.11×
Q1 24
1.25×
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

SNA
SNA

Segment breakdown not available.

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