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Snap-on (SNA) FY2008 results: revenue $2.9 billion

Snap-on Inc. (SNA) reported revenue of $2.9 billion for fiscal 2008, the year ended 3 January 2009. Net income was $237 million, and diluted earnings per share $4.07. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2011.

Revenue
$2.9 billion
FY2008FY2008
Operating margin
13.6%
FY2008FY2008
Net income
$237 million
FY2008FY2008
Diluted EPS
$4.07
FY2008FY2008

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2008Last 8 years
Revenue2,853
Cost of revenue1,569
Gross profit1,285
Gross margin45.0%
Operating income389
Operating margin13.6%
Interest expense33.8
Pre-tax income358
Income tax118
Effective tax rate32.9%
Net income237
Net margin8.3%
Diluted EPS$4.07
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2008Last 8 years
Operating cash flow220
Capital expenditure73.9
Free cash flow146
Free cash flow margin5.1%
Cash from investing-86.1
Cash from financing-108
Depreciation and amortisation72.0
Share-based compensation13.0
Buybacks69.8
Dividends paid69.7
Dividend per share$1.20
Diluted shares, weighted58m

Balance sheet

$ millionFY2008Last 8 years
Shareholders' equity1,204
Cash and equivalents116

10-K for the year ended 3 January 2009, filed 17 February 2011: the filing.