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NXT vs. SNA: Nextracker vs. Snap-on Stock Comparison

How do Nextracker (NXT) and Snap-on (SNA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Nextracker (NXT) and Snap-on (SNA) both fall under the Capital Goods industry group, but NXT is classified in Electrical Equipment while SNA is classified in Machinery.

Snap-on (SNA) has more than two decades of public-market history since February 21, 1973, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

Company profile comparison for Nextracker (NXT) and Snap-on (SNA)
Profile ItemNXTSNA
NameNextpower Inc. Class A Common StockSnap-on Incorporated
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentMachinery
GICS Sub-IndustryElectrical Components & EquipmentIndustrial Machinery & Supplies & Components
Market Capitalization16.00 billion USD18.94 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateFebruary 9, 2023February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NXT
SNA
GSPC
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Nextracker (NXT) vs. Snap-on (SNA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Nextracker (NXT) and Snap-on (SNA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Nextracker (NXT) and Snap-on (SNA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
Total Return (1Y)0.06%12.48%
Total Return (3Y, Annualized)45.51%15.36%
Total Return (5Y, Annualized)--14.84%

Risk Profile

Drawdown History

NXT
SNA
GSPC
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Nextracker (NXT) vs. Snap-on (SNA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Nextracker (NXT) and Snap-on (SNA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
Volatility (1Y, Annualized)68.10%19.41%
Beta (5Y)1.660.73
Max Drawdown (5Y)-51.10%-20.77%
Avg. Volume (3M)2.38M333.56K

Risk-Adjusted Performance

Risk-Return Positioning

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NXT and SNA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
Sharpe Ratio (1Y)-0.060.42
Sortino Ratio (1Y)-0.090.63

Profitability

ROE (TTM)

Nextracker (NXT) at 26.46% sits in the top ROE quartile, while Snap-on (SNA) at 17.32% is closer to the peer norm — stronger capital efficiency for NXT.

NXT

Capital Goods industry group

26.46%

Max
40.55%
NXT
26.46%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

SNA

Capital Goods industry group

17.32%

Max
40.55%
Q3
19.29%
SNA
17.32%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Nextracker (NXT) at 15.98% and Snap-on (SNA) at 19.21% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

NXT

Capital Goods industry group

15.98%

Max
27.47%
NXT
15.98%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

SNA

Capital Goods industry group

19.21%

Max
27.47%
SNA
19.21%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Nextracker (NXT) at 20.06% and Snap-on (SNA) at 24.88% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

NXT

Capital Goods industry group

20.06%

Max
36.60%
NXT
20.06%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%

SNA

Capital Goods industry group

24.88%

Max
36.60%
SNA
24.88%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
ROE (TTM)26.46%17.32%
ROA (TTM)10.75%9.70%
Net Margin (TTM)15.98%19.21%
Operating Margin (TTM)20.06%24.88%
Gross Margin (TTM)21.84%51.87%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while Snap-on (SNA) at 0.93% is in the bottom quartile, showing a clear gap in revenue momentum.

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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Nextracker (NXT) at 10.66% and Snap-on (SNA) at -1.64% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
Revenue Growth (YoY)20.28%0.93%
Revenue Growth (3Y CAGR)23.23%2.11%
EPS Growth (YoY)10.66%-1.64%
EPS Growth (3Y CAGR)476.90%4.49%

Financial Strength

Current Ratio (MRQ)

Nextracker (NXT) at 2.23 keeps current ratio within its industry’s typical mid-range, while Snap-on (SNA) at 3.55 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

NXT

Capital Goods industry group

2.23

Max
5.22
Q3
2.95
NXT
2.23
Median
2.08
Q1
1.43
Min
0.36

SNA

Capital Goods industry group

3.55

Max
5.22
SNA
3.55
Q3
2.95
Median
2.08
Q1
1.43
Min
0.36
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Nextracker (NXT) at 0.02 and Snap-on (SNA) at 0.21 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

NXT

Capital Goods industry group

0.02

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
NXT
0.02
Min
0.00

SNA

Capital Goods industry group

0.21

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
SNA
0.21
Min
0.00
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
Current Ratio (MRQ)2.233.55
Debt / Equity (MRQ)0.020.21
Net Debt / EBITDA-1.30-0.26

Dividends

Dividend Yield (TTM)

Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Snap-on (SNA) reports a yield of 2.66%, ranking against industry peers normally.

NXT

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
NXT
0.00%
Q1
0.00%
Min
0.00%

SNA

Capital Goods industry group

2.66%

SNA
2.66%
Max
2.66%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Snap-on (SNA) reports a payout of 50.70%, ranking against industry peers normally.

NXT

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
NXT
0.00%
Q1
0.00%
Min
0.00%

SNA

Capital Goods industry group

50.70%

Max
67.39%
SNA
50.70%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
Dividend Yield (TTM)0.00%2.66%
Dividend Payout Ratio (TTM)0.00%50.70%

Valuation

P/E Ratio (TTM)

Snap-on (SNA) at 19.08 sits in the cheaper P/E ratio quartile, while Nextracker (NXT) at 26.42 is closer to its industry’s usual earnings multiple — a discount for SNA, though growth and earnings durability still matter.

NXT

Capital Goods industry group

26.42

Max
59.38
Q3
35.92
NXT
26.42
Median
25.41
Q1
19.47
Min
3.03

SNA

Capital Goods industry group

19.08

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
SNA
19.08
Min
3.03
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Snap-on (SNA) at 3.60 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT costs more per dollar of sales.

NXT

Capital Goods industry group

4.17

Max
7.54
NXT
4.17
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03

SNA

Capital Goods industry group

3.60

Max
7.54
Q3
3.76
SNA
3.60
Median
2.15
Q1
1.03
Min
0.03
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Snap-on (SNA) at 3.11 is valued about in line with its industry on P/B ratio, while Nextracker (NXT) at 5.98 carries an above-peer premium to book — NXT is pricier on assets.

NXT

Capital Goods industry group

5.98

Max
9.66
NXT
5.98
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

SNA

Capital Goods industry group

3.11

Max
9.66
Q3
5.00
Median
3.12
SNA
3.11
Q1
1.81
Min
-1.08
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Nextracker (NXT) vs. Snap-on (SNA): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Nextracker (NXT) and Snap-on (SNA)
MetricNXTSNA
P/E Ratio (TTM)26.4219.08
P/S Ratio (TTM)4.173.60
P/B Ratio (MRQ)5.983.11
Free Cash Flow Yield (TTM)2.32%5.77%