On Oct. 23, tool maker Snap-on
- Net sales increased 8.2%, primarily due to higher sales in the original equipment manufacturer equipment solutions business and favorable currency translation.
- EPS increased 33.3% because of increased net income.
- Increased accounts payable resulted in increased cash flow from operations.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$581 |
$600 |
$554 |
8.2% |
|
Net Profit |
-- |
$28 |
$21 |
34.3% |
|
EPS |
$0.43 |
$0.48 |
$0.36 |
33.3% |
|
Diluted Shares |
-- |
59 |
59 |
0.3% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
43.40% |
44.61% |
(1.21) |
|
Operating Margin |
7.71% |
7.72% |
(0.01) |
|
Net Margin |
4.70% |
3.79% |
0.91 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$246 |
$178 |
38.0% |
|
Accounts Rec. |
$502 |
$511 |
(1.7%) |
|
Inventory |
$313 |
$328 |
(4.6%) |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$168 |
$137 |
22.5% |
|
Long-Term Debt |
$198 |
$202 |
(2.0%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$151 |
$117 |
29.3% |
|
Capital Expenditures |
$32 |
$28 |
13.3% |
|
Free Cash Flow |
$119 |
$89 |
34.3% |
Find out why Fools always follow the money.
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
