Stanley Black & Decker, Inc.

SWK · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Valuation
Market cap	$11,844	$12,423	$15,040	$11,113	$30,751	$29,111	$27,021	$19,522	$27,665	$18,698	$17,401	$14,997	$12,526	$12,062	$11,210	$9,845	$4,575	$2,690	$3,991	$4,113	$4,010	$4,021	$3,192	$2,989	$3,985	$2,731	$2,706	$2,483	$4,207	$2,400	$2,288	$1,600	$1,991	$1,948	$1,720	$1,227	$1,700	$1,432	$1,121	$1,080	$879
Enterprise value	$17,561	$18,727	$21,895	$18,291	$37,323	$32,233	$30,387	$23,435	$30,862	$21,355	$20,827	$18,431	$16,313	$14,944	$13,819	$11,591	$7,665	$4,124	$5,255	$4,935	$4,417	$4,355	$3,680	$3,582	$4,364	$3,100	$3,065	$2,940	$4,469	$2,679	$2,695	$2,012	$2,376	$2,334	$2,077	$1,560	$2,077	$1,764	$1,507	$1,454	$914
P/E (TTM) at period end	29.47×	43.39×	–	67.64×	19.99×	25.77×	28.37×	32.35×	22.54×	19.32×	19.69×	19.71×	25.56×	13.67×	16.65×	49.80×	20.42×	8.77×	11.86×	14.15×	14.87×	16.97×	29.59×	16.16×	25.17×	14.05×	18.04×	18.02×	–	24.77×	38.72×	12.77×	23.67×	19.86×	18.09×	11.51×	14.44×	13.83×	12.94×	13.71×	11.23×
P/S (TTM) at period end	0.78×	0.81×	0.95×	0.66×	2.01×	2.28×	2.09×	1.40×	2.17×	1.64×	1.56×	1.32×	1.15×	1.20×	1.20×	1.31×	1.24×	0.61×	0.89×	1.02×	1.22×	1.34×	1.19×	1.15×	1.52×	0.99×	0.98×	0.91×	1.58×	0.90×	0.87×	0.64×	0.88×	0.88×	0.88×	0.62×	0.86×	0.75×	0.64×	0.79×	0.73×
P/B at period end	1.31×	1.42×	1.66×	1.14×	2.65×	2.63×	2.96×	2.49×	3.33×	2.94×	2.99×	2.33×	1.84×	1.81×	1.60×	1.40×	0.65×	1.59×	2.31×	2.65×	2.78×	3.29×	3.72×	3.04×	4.79×	3.71×	3.68×	3.71×	6.92×	3.08×	3.12×	2.15×	2.92×	2.80×	2.44×	1.76×	2.52×	2.05×	1.79×	1.94×	1.75×
EV / EBITDA (TTM)	13.60×	17.68×	30.63×	26.14×	18.04×	11.70×	11.90×	10.59×	13.46×	10.22×	10.38×	9.46×	9.57×	8.93×	8.82×	10.22×	11.93×	5.52×	6.60×	7.87×	8.17×	8.59×	10.78×	9.95×	10.58×	7.31×	9.56×	8.87×	13.51×	7.84×	8.32×	5.78×	8.24×	8.15×	7.39×	5.28×	6.62×	–	–	–	–
EV / Sales (TTM)	1.16×	1.22×	1.39×	1.08×	2.44×	2.53×	2.35×	1.68×	2.42×	1.87×	1.86×	1.63×	1.50×	1.49×	1.47×	1.55×	2.08×	0.93×	1.17×	1.23×	1.34×	1.45×	1.37×	1.38×	1.66×	1.13×	1.11×	1.08×	1.67×	1.00×	1.03×	0.80×	1.05×	1.05×	1.06×	0.79×	1.05×	0.92×	0.85×	1.06×	0.76×
Returns
Return on equity	4.4%	3.3%	(3.1%)	1.7%	13.3%	10.2%	10.4%	7.7%	14.8%	15.2%	15.2%	11.8%	7.2%	13.2%	9.6%	2.8%	3.2%	18.2%	19.5%	18.7%	18.7%	19.4%	12.6%	18.8%	19.0%	26.4%	20.4%	20.6%	(6.9%)	12.4%	8.0%	16.8%	12.4%	14.1%	13.5%	15.3%	17.5%	14.8%	13.8%	14.2%	15.6%
Return on invested capital	6.0%	4.2%	1.3%	2.0%	9.0%	14.9%	14.1%	9.5%	13.9%	15.9%	14.8%	13.5%	12.2%	12.9%	12.8%	9.5%	4.4%	13.4%	15.6%	16.9%	18.2%	19.4%	13.8%	12.4%	18.2%	20.4%	13.9%	14.3%	29.7%	14.0%	11.1%	14.3%	12.2%	11.9%	11.8%	13.3%	14.1%	12.8%	12.2%	10.3%	16.1%
Dividend yield	4.2%	4.0%	3.2%	4.2%	1.5%	1.5%	1.5%	2.0%	1.3%	1.8%	1.8%	2.1%	2.5%	2.5%	2.5%	2.0%	2.3%	3.7%	2.5%	2.3%	2.4%	2.2%	2.7%	2.9%	2.0%	2.9%	2.9%	3.0%	1.6%	2.8%	3.3%	3.8%	3.0%	3.0%	3.0%	2.9%	2.6%	–	–	–	–
Financial health
Current ratio	1.14×	1.30×	1.19×	1.21×	0.97×	1.32×	1.01×	1.14×	1.04×	1.71×	1.31×	1.39×	1.24×	1.34×	1.53×	1.77×	1.76×	1.25×	1.38×	1.31×	2.09×	1.68×	1.59×	1.75×	1.38×	1.55×	1.57×	1.55×	1.61×	2.39×	2.36×	2.11×	2.12×	2.36×	2.41×	2.64×	2.68×	2.67×	2.39×	2.92×	3.27×
Debt / equity	0.58×	0.70×	0.67×	0.55×	0.38×	0.38×	0.35×	0.61×	0.46×	0.60×	0.65×	0.60×	0.56×	0.53×	0.49×	0.49×	0.17×	0.84×	0.87×	0.64×	0.74×	0.48×	0.81×	0.73×	0.59×	0.63×	0.61×	0.85×	0.68×	0.46×	0.66×	0.65×	0.63×	0.67×	0.59×	0.61×	0.64×	0.53×	0.69×	0.77×	0.19×
Effective tax rate	3.8%	(18.7%)	25.0%	(349.3%)	3.5%	3.2%	11.6%	40.7%	19.7%	21.3%	21.6%	20.9%	11.7%	14.2%	7.9%	10.7%	19.5%	24.7%	25.4%	20.8%	24.1%	26.9%	27.3%	32.1%	33.1%	33.8%	35.0%	36.0%	(125.3%)	44.4%	47.6%	37.9%	37.4%	38.0%	39.2%	38.0%	39.3%	40.0%	41.7%	40.6%	43.0%
Share count
Diluted shares outstanding	152	151	150	157	165	162	156	157	152	148	153	160	159	167	170	150	80	80	84	84	85	84	85	88	87	88	90	90	89	89	89	90	91	93	85	85	88	100	87	85	82

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Revenue and gross profit
Revenue	$15,248	$15,130	$15,366	$15,781	$16,947	$15,281	$12,750	$12,913	$13,982	$12,747	$11,407	$11,172	$11,339	$10,890	$10,022	$9,376	$7,497	$3,683	$4,426	$4,484	$4,019	$3,285	$2,997	$2,678	$2,593	$2,624	$2,749	$2,752	$2,729	$2,670	$2,671	$2,624	$2,511	$2,273	$2,218	$1,962	$1,977	$1,972	$1,909	$1,763	$1,371	$1,208
Cost of revenue	($10,384)	($10,542)	($10,851)	($11,848)	($12,663)	($10,189)	($8,432)	($8,680)	($9,131)	($8,188)	($7,326)	($7,100)	($7,236)	($6,986)	($6,365)	($5,926)	($4,807)	($2,190)	($2,755)	($2,792)	($2,559)	($2,104)	($1,894)	($1,785)	($1,757)	($1,701)	($1,752)	($1,728)	($1,713)	($1,711)	($1,721)	($1,708)	($1,602)	($1,472)	($1,403)	($1,219)	($1,218)	($1,208)	($1,189)	($1,081)	($841)	($766)
Gross profit	$4,864	$4,588	$4,514	$3,933	$4,284	$5,092	$4,405	$4,806	$4,851	$4,778	$4,267	$4,072	$4,103	$3,904	$3,696	$3,451	$2,690	$1,492	$1,671	$1,692	$1,460	$1,181	$1,104	$893	$836	$923	$997	$1,024	$1,016	$958	$950	$916	$909	$801	$814	$743	$759	$763	$720	$682	$530	$442
Operating expenses
Research and development	–	($321)	($329)	($362)	($357)	($276)	($200)	($241)	($276)	($252)	($204)	($188)	($175)	($171)	($151)	($139)	($124)	($18)	($25)	($25)	($15)	($14)	($13)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	($3,413)	($3,314)	($3,310)	($3,282)	($3,356)	($3,193)	($2,555)	($2,542)	($3,144)	($2,983)	($2,609)	($2,459)	($2,575)	($2,676)	($2,462)	($2,342)	($1,994)	($1,002)	($1,090)	($1,033)	($939)	($722)	($678)	($638)	($547)	($594)	($657)	($703)	($685)	($628)	($608)	($592)	($560)	($512)	($528)	($462)	($463)	($449)	($437)	($409)	($326)	($255)
Total operating expenses	($3,802)	($3,663)	($3,881)	($3,650)	($3,954)	($3,397)	($2,229)	($2,812)	($2,969)	($2,782)	($2,441)	($2,322)	($2,418)	($2,437)	($2,260)	($2,112)	($1,759)	($945)	($1,108)	($1,058)	($954)	($737)	($691)	($638)	($547)	($594)	($657)	($789)	($764)	($700)	($683)	($673)	($642)	($593)	($606)	($537)	($537)	($519)	($501)	($471)	($368)	($291)
Total costs and expenses	($14,186)	($14,205)	($14,733)	($15,499)	($16,617)	($13,586)	($10,574)	($10,919)	($12,100)	($10,751)	($9,580)	($9,422)	($9,654)	($9,422)	($8,587)	($8,038)	($6,566)	($3,136)	($3,862)	($3,850)	($3,513)	($2,841)	($2,585)	($2,423)	($2,304)	($2,295)	($2,408)	($2,517)	($2,478)	($2,411)	($2,404)	($2,381)	($2,244)	($2,065)	($2,010)	($1,756)	($1,755)	($1,728)	($1,690)	($1,552)	($1,209)	($1,057)
Operating income	$1,062	$926	$633	$282	$330	$1,695	$2,176	$1,994	$1,882	$1,996	$1,826	$1,750	$1,684	$1,467	$1,435	$1,338	$931	$547	$564	$634	$506	$444	$412	$255	$289	$329	$341	$235	$252	$258	$267	$243	$266	$208	$208	$206	$221	$244	$219	$211	$162	$151
Earnings
EBITDA	$1,430	$1,291	$1,059	$715	$700	$2,069	$2,754	$2,554	$2,213	$2,293	$2,090	$2,006	$1,948	$1,705	$1,673	$1,567	$1,134	$643	$747	$796	$627	$541	$507	$342	$360	$412	$424	$320	$331	$331	$342	$324	$348	$288	$286	$281	$296	$314	–	–	–	–
Interest income	$175	$198	$179	$187	$55	$10	$18	$52	$69	$40	$23	$15	$14	$13	$10	$26	$9	$3	$9	$5	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($470)	($516)	($499)	($559)	($338)	($185)	($223)	($282)	($278)	($223)	($194)	($180)	($177)	($160)	($144)	($140)	($110)	($64)	($92)	($85)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pre-tax income	$847	$418	$241	($376)	$38	$1,587	$1,184	$1,094	$1,022	$1,528	$1,229	$1,151	$1,085	$588	$533	$659	$169	$283	$293	$451	$367	$358	$324	$133	$272	$237	$294	$231	$215	($19)	$174	$113	$202	$148	$158	$156	$172	$194	$172	$165	$131	$137
Income tax expense	($227)	($16)	$45	$94	$132	($55)	($38)	($127)	($416)	($301)	($262)	($249)	($227)	($69)	($76)	($52)	($18)	($55)	($72)	($114)	($76)	($86)	($87)	($36)	($88)	($78)	($99)	($81)	($78)	($23)	($77)	($54)	($76)	($55)	($60)	($61)	($65)	($76)	($69)	($69)	($53)	($59)
Net income	$620	$402	$294	($310)	$1,062	$1,689	$1,234	$956	$605	$1,227	$968	$884	$761	$490	$884	$675	$198	$224	$307	$337	$291	$270	$237	$108	$185	$158	$194	$150	$138	($42)	$97	$59	$125	$84	$98	$95	$107	$118	$104	$87	$79	$78
Per share
Diluted EPS (GAAP)	$4.10	$2.65	$1.95	($2.07)	$6.76	$10.16	$7.46	$6.11	$3.85	$8.05	$6.53	$5.79	$4.76	$3.09	$5.30	$3.97	$1.32	$2.79	$3.84	$4.00	$3.46	$3.16	$4.36	$1.27	$2.10	$1.81	$2.22	$1.67	$1.53	($0.47)	$1.09	$0.67	$1.40	$0.92	$1.06	$1.12	$1.25	$1.34	$1.03	$1.00	$0.93	$0.95
Basic EPS (GAAP)	$4.11	$2.66	$1.96	($2.07)	$7.13	$10.55	$7.85	$6.43	$4.05	$8.20	$6.63	$5.96	$4.87	$3.16	$5.41	$4.06	$1.34	$2.81	$3.88	$4.09	$3.54	$3.23	$4.47	$1.28	$2.14	$1.85	$2.22	$1.67	$1.54	($0.47)	$1.09	$0.67	$1.40	$0.94	$1.07	$1.13	$1.26	$1.35	$1.03	$1.00	$0.93	$0.95
Basic shares outstanding	151	151	150	150	148	159	154	148	149	150	146	148	156	155	163	166	147	80	79	82	82	83	82	84	86	86	88	90	89	89	89	89	90	89	92	84	85	87	100	87	85	82
Margins
Gross margin	31.9%	30.3%	29.4%	24.9%	25.3%	33.3%	34.6%	37.2%	34.7%	37.5%	37.4%	36.4%	36.2%	35.8%	36.9%	36.8%	35.9%	40.5%	37.8%	37.7%	36.3%	36.0%	36.8%	33.3%	32.2%	35.2%	36.3%	37.2%	37.2%	35.9%	35.6%	34.9%	36.2%	35.2%	36.7%	37.9%	38.4%	38.7%	37.7%	38.7%	38.6%	36.6%
Operating margin	7.0%	6.1%	4.1%	1.8%	1.9%	11.1%	17.1%	15.4%	13.5%	15.7%	16.0%	15.7%	14.9%	13.5%	14.3%	14.3%	12.4%	14.9%	12.7%	14.1%	12.6%	13.5%	13.8%	9.5%	11.1%	12.6%	12.4%	8.5%	9.2%	9.7%	10.0%	9.3%	10.6%	9.1%	9.4%	10.5%	11.2%	12.4%	11.5%	12.0%	11.8%	12.5%
Net margin	4.1%	2.7%	1.9%	(2.0%)	6.3%	11.1%	9.7%	7.4%	4.3%	9.6%	8.5%	7.9%	6.7%	4.5%	8.8%	7.2%	2.6%	6.1%	6.9%	7.5%	7.2%	8.2%	7.9%	4.0%	7.1%	6.0%	7.1%	5.5%	5.0%	(1.6%)	3.6%	2.3%	5.0%	3.7%	4.4%	4.8%	5.4%	6.0%	5.4%	4.9%	5.7%	6.5%

Analyst consensus

Hold37 analysts

Bearish · 2 · Hold · 19 · Bullish · 16

Earnings history

	EPS	Estimate
Q3 2024	$1.22	$1.11	Beat
Q4 2024	$1.49	$1.27	Beat
Q1 2025	$0.75	$0.66	Beat
Q2 2025	$1.08	$0.46	Beat
Q3 2025	$1.43	$1.25	Beat
Q4 2025	$1.41	$1.27	Beat
Q1 2026	$0.80	$0.59	Beat
Q2 2026	$1.57	$1.21	Beat

Peers

Company overview

IPO dateMar 17, 1980

CEOChristopher John Nelson

Employees43,500

SectorIndustrials

IndustryManufacturing - Tools & Accessories

CountryUS

ExchangeNew York Stock Exchange

Websitewww.stanleyblackanddecker.com

Stanley Black & Decker, Inc. (SWK) is a global enterprise primarily engaged in two core business segments: Tools & Storage and Industrial operations. Its geographical footprint extends across the United States, Canada, the wider Americas region, France, the rest of Europe, and Asia. The Tools & Storage segment provides a comprehensive array of products catering to both professional and consumer markets. For professionals, offerings include high-grade corded and cordless electric power tools, essential equipment, pneumatic tools, and fastening solutions. Consumers can access corded and cordless electric power tools, notably under the BLACK+DECKER brand, alongside lawn and garden equipment, related accessories, various home products, hand tools, power tool accessories, and storage units. This division distributes its merchandise through a diverse network comprising retailers, distributors, and dealers, supplemented by a direct sales force. Its customer base spans professional end-users, distributors, dealers, retail consumers, and various industrial clients. The company's Industrial segment delivers specialized engineered fastening systems and related products to key sectors such as automotive, manufacturing, electronics, construction, and aerospace. It also specializes in the sale and rental of custom equipment for pipe handling, joint welding, and coating used in pipeline construction, while simultaneously offering pipeline inspection services. Furthermore, this segment supplies hydraulic tools and high-performance heavy equipment attachments. Clients for this segment primarily include the oil and natural gas pipeline industry, alongside other industrial customers. Additionally, Stanley Black & Decker markets automatic door solutions to commercial enterprises. Founded in 1843, the company initially operated as The Stanley Works before adopting its current name, Stanley Black & Decker, Inc., in March 2010. Its corporate headquarters are located in New Britain, Connecticut.

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