SWKStanley Black & Decker

Industrials · Tools & Hardware · NYSE

Stanley Black & Decker, Inc. ("the Company") was founded in 1843 by Frederick T. Stanley and incorporated in Connecticut in 1852. 10-K, Item 1

Employees: 43,500
Headquarters: New Britain, CT
CEO: Christopher John Nelson
Next results: around Feb 3, 2027

Compare with peers → Embed

All key numbers (37, from the latest 10-K and 10-Q) From EDGAR

EPS (ttm)	5.58	Sales (ttm)	15.2B	Net income (ttm)	841.2M	Sales growth	-1.5%	EPS growth	+35.9%	Sales Q/Q	-0.6%
Free cash flow	1.7B	Gross margin	33.8%	Oper. margin	-	Net margin	5.5%	FCF margin	11.3%	ROE	9.5%
ROA	4.2%	R&D / sales	2.1%	Dividend	3.30	Debt/Eq	0.53	Curr. ratio	1.42	Cash	741.2M
Op. cash flow (ttm)	2.0B	Net debt	4.0B	Quick ratio	0.50	Payout ratio	124.5%	Tax rate	3.8%	Stock pay / sales	0.6%
Shares out.	148.7M	Shares Y/Y	+0.4%	Book / share	59.46	Cash / share	4.98	Sales / share	102.38	Asset turnover	0.76
Inventory turns	2.54	Sales 3Y CAGR	-3.7%	Sales 5Y CAGR	+3.5%	EPS 3Y CAGR	-26.7%	EPS 5Y CAGR	-18.7%	Employees	43,500
Sales / employee	350K

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

SWK against Industrials peers

Ten years, side by side → · All 83 →

SWKPeer median

Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How

Every dot is one of the 83 companies, the better end on the right. Hover a dot for the company.

Sales growth

-1.5%72nd of 82 · median +4.8%

Net margin

5.5%70th of 82 · median 13.0%

Return on equity

9.5%74th of 77 · median 24.9%

Free cash flow margin

11.3%46th of 79 · median 13.0%

Debt / equity (less is better)

0.5320th of 72 · median 0.72

SWK and the 5 peers closest in revenue
Company	Revenue (ttm)	Sales growth	Gross margin	Net margin	ROE	FCF margin	Debt / equity
SWK Stanley Black & Decker	$15.2B	-1.5%	33.8%	5.5%	9.5%	11.3%	0.53
ITW Illinois Tool Works	$16.6B	+0.9%	44.3%	19.4%	102.7%	17.2%	2.39
TXT Textron	$15.4B	+8.0%	-	6.3%	12.0%	5.2%	-
OTIS Otis Worldwide	$15.1B	+1.2%	-	10.3%	-	11.1%	-
CSX CSX Corporation	$14.9B	-3.1%	-	24.0%	24.9%	21.5%	1.31
J Jacobs Solutions	$14.2B	+4.6%	22.1%	2.4%	10.4%	4.5%	1.10

FY2021FY2022FY2024FY2025

From $15.3B of sales to $1.7B of profit

FY2021, from the 10-K income statement

Swipe sideways for the whole flow →

From $16.9B of sales to $1.1B of profit

FY2022, from the 10-K income statement and revenue by segment

Swipe sideways for the whole flow →

From $15.4B of sales to $294.3M of profit

FY2024, from the 10-K income statement

Swipe sideways for the whole flow →

From $15.1B of sales to $401.9M of profit

FY2025, from the 10-K income statement and revenue by segment

Swipe sideways for the whole flow →

Where each $100 of sales went

FY2021

$67$22$11

FY2022

$75$19

FY2024

$71$27

FY2025

$70$28

Cost of revenue
Costs, tax, other
Net profit

Band widths are the money. Gross profit is revenue less cost of revenue; operating expenses are gross profit less operating profit; R&D is from the income statement and the rest of the operating expenses is everything else; tax includes interest and other items when they are small. Y/Y is the change from the fiscal year before. Revenue by part only for the years in the last two 10-Ks' segment tables. The full income statement →

Profitability

0 of 3

!
Net margin below the peer median5.5% vs 13.0%
!
Return on equity below 15%9.5%
!
A profit in 9 of 10 years

Net margin, FY2016 to FY2025: 8.3% → 2.7%

Balance sheet

3 of 3

✓
Debt smaller than equityDebt / equity 0.53 on the latest balance sheet (peer median 0.72)
✓
Current assets cover current liabilitiesCurrent ratio 1.42
✓
Net debt under 3 years of free cash flow$4.0B net debt, 2.3 years

Debt / equity at each year end, FY2016 to FY2025: 0.60 → 0.65

What the debt is made of ↓

Cash and shareholders

3 of 4

!
Free cash flow positive in 9 of 10 years$687.9M last year
✓
Share count down over 5 years−6.5%
✓
Dividend per share up over 5 years$2.78 → $3.30
✓
Cash from operations above net income$971.2M vs $401.9M

Free cash flow, FY2016 to FY2025: 838.5M → 687.9M

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

What the debt is made of, and when it is due

balance sheet of Oct 3, 2026 · schedule of Jan 3, 2026

The debt note's own lines, 2026-01-03

Line, as the company names it	Kind	Rate	Fixed or floating	Amount
Notes payable due 2030	Notes and bonds	2.30%	not stated	$746.8M
Notes payable due 2060 (junior subordinated) (Junior Subordinated Debt)	Subordinated	6.71%	not stated	$741.9M
Notes payable due 2050	Notes and bonds	2.75%	not stated	$741.4M
Notes payable due 2026	Notes and bonds	3.40%	not stated	$499.9M
Notes payable due 2028	Notes and bonds	4.25%	not stated	$498.6M
Notes payable due 2032	Notes and bonds	3.00%	not stated	$497.2M
Notes payable due 2048	Notes and bonds	4.85%	not stated	$495.4M
Notes payable due 2028	Notes and bonds	6.00%	not stated	$398.7M
Notes payable due 2040	Notes and bonds	5.20%	not stated	$376.3M
Notes payable due 2028	Notes and bonds	7.05%	not stated	$155.3M
Notes payable due 2028	Notes and bonds	3.52%	not stated	$51.7M
Notes payable due 2026	Notes and bonds	1.84%	not stated	$29.5M
Notes payable due 2026	Notes and bonds	3.42%	not stated	$25.2M
Other, payable due 2026	–	4.31%	not stated	$200K

All 14 lines

From the debt note in the 10-K's XBRL (0000093556-26-000009), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.

Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted. The full schedule →

Revenue and net income, FY2016 to FY2025

Revenue 15.1B Net income 401.9M

From XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →

SWK's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly

Revenue15.1B

Net income401.9M

Free cash flow687.9M

EPS (diluted)2.65

Dividend per share3.30

Diluted shares151.9M

The segments changed

10-K filed 2026-02-24

Compared with the 10-K of Feb 18, 2025: new segment Engineered Fastening; no longer reported: Industrial.

When a company changes its segments, the years before are usually recast, so growth by segment is not comparable with what earlier 10-Ks showed. Found by comparing the segments with revenue in the last two 10-Ks (XBRL) and by the 10-K's own words, without AI.

Revenue by business segment

year to Jan 3, 2026

	Revenue	Share	vs year before
Tools And Outdoor	13.2B	87.0%	-1.1%
Engineered Fastening	2.0B	13.0%	-4.3%

10-K 0000093556-26-000009, segment and revenue notes (XBRL).

Revenue by region

year to Jan 3, 2026

	Revenue	Share	vs year before
United States	9.3B	61.6%	-2.0%
Europe	3.1B	20.4%	+2.0%
Asia	1.2B	8.0%	-0.7%
Other Americas	839.6M	5.5%	-4.6%
Canada	680.3M	4.5%	-8.0%

10-K 0000093556-26-000009, segment and revenue notes (XBRL).

Income statement

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	11.6B	13.0B	14.0B	12.9B	12.8B	15.3B	16.9B	15.8B	15.4B	15.1B
Cost of revenue	7.3B	8.2B	9.1B	8.7B	8.4B	10.2B	12.7B	11.8B	10.9B	10.5B
Gross profit	4.3B	4.8B	4.9B	4.8B	4.4B	5.1B	4.3B	-	-	-
R&D	204.4M	252.3M	275.8M	240.8M	200.0M	276.3M	357.4M	362.0M	328.8M	321.4M
SG&A	2.6B	3.0B	3.1B	2.5B	2.6B	3.2B	3.4B	3.3B	3.3B	3.3B
Operating income	1.8B	2.0B	1.9B	2.0B	2.2B	-	-	-	-	-
Interest expense	194.5M	222.6M	277.9M	282.2M	222.7M	185.4M	338.5M	559.4M	498.6M	516.3M
Pretax income	1.2B	1.5B	1.0B	1.1B	1.2B	1.6B	37.9M	-375.7M	241.1M	417.9M
Income tax	261.7M	300.9M	416.3M	126.8M	38.0M	55.1M	-132.4M	-94.0M	-45.2M	16.0M
Net income	968.0M	1.2B	605.2M	955.8M	1.2B	1.7B	1.1B	-310.5M	294.3M	401.9M
EPS (diluted)	6.53	8.05	3.85	6.11	7.46	10.16	6.76	-2.07	1.95	2.65
Diluted shares	148.2M	152.4M	156.8M	156.4M	162.4M	165.0M	156.6M	149.8M	151.3M	151.9M
Depreciation & amortization	263.6M	296.9M	331.2M	560.2M	376.5M	374.0M	369.7M	432.4M	426.3M	365.6M
EBITDA	2.1B	2.3B	2.2B	2.6B	2.6B	-	-	-	-	-
Gross margin	36.8%	36.9%	34.7%	37.2%	34.6%	33.3%	25.3%	-	-	-
Operating margin	15.8%	15.4%	13.5%	15.4%	17.1%	-	-	-	-	-
Net margin	8.3%	9.5%	4.3%	7.4%	9.7%	11.1%	6.3%	-2.0%	1.9%	2.7%
Revenue growth	-	+11.8%	+7.8%	-7.6%	-1.3%	+19.9%	+10.9%	-6.9%	-2.6%	-1.5%
EPS growth	-	+23.3%	-52.2%	+58.7%	+22.1%	+36.2%	-33.5%	-131%	-	+35.9%

Balance sheet

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash	1.2B	637.5M	288.7M	297.7M	1.2B	142.1M	395.6M	449.4M	290.5M	280.1M
Inventory	1.5B	2.0B	2.4B	2.3B	2.6B	5.4B	5.9B	4.7B	4.5B	4.2B
Current assets	4.8B	4.6B	4.6B	4.5B	6.0B	8.5B	8.0B	7.0B	6.4B	6.0B
Property & equipment	1.5B	1.7B	1.9B	2.0B	2.0B	2.3B	2.4B	2.2B	2.0B	1.8B
Goodwill	6.7B	8.8B	9.0B	7.4B	7.9B	8.6B	8.5B	8.0B	7.9B	7.3B
Total assets	15.7B	19.1B	19.4B	20.6B	23.6B	28.2B	25.0B	23.7B	21.8B	21.2B
Accounts payable	1.6B	2.0B	2.2B	2.1B	2.3B	3.4B	2.3B	2.3B	2.4B	2.2B
Current liabilities	2.8B	4.4B	4.0B	4.4B	4.6B	8.8B	6.6B	5.9B	4.9B	5.2B
Total debt	3.8B	3.8B	4.2B	3.5B	4.2B	6.6B	7.5B	7.2B	6.1B	5.9B
Shareholders' equity	6.4B	8.3B	7.8B	9.1B	11.1B	11.6B	9.7B	9.1B	8.7B	9.1B
Retained earnings	5.1B	6.0B	6.2B	6.8B	7.5B	8.7B	9.3B	8.5B	8.3B	8.2B

Cash flow

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	1.2B	668.5M	1.3B	1.5B	2.0B	663.1M	-1.5B	1.2B	1.1B	971.2M
Capital spending	347.0M	442.4M	492.1M	424.7M	348.1M	519.1M	530.4M	338.7M	353.9M	283.3M
Free cash flow	838.5M	226.1M	768.8M	1.1B	1.7B	144.0M	-2.0B	852.6M	753.0M	687.9M
Stock-based pay (added back)	81.2M	78.7M	76.5M	88.8M	109.1M	118.3M	90.7M	83.8M	105.4M	94.1M
Dividends paid	330.9M	362.9M	384.9M	402.0M	431.8M	474.8M	465.8M	482.6M	491.2M	500.6M
Buybacks	374.1M	28.7M	527.1M	27.5M	26.2M	34.3M	2.3B	16.1M	17.7M	20.1M
Acquisitions	59.3M	2.6B	524.6M	685.4M	1.3B	2.0B	71.9M	0	0	-
Debt raised	-	-	990.0M	990.0M	990.0M	-	992.6M	-	-	-
Debt repaid	0	2.8M	977.5M	1.1B	1.2B	1.5M	0	0	0	850.5M
Investing cash flow	61.1M	-1.6B	-989.1M	-1.2B	-1.6B	-2.6B	3.6B	-327.7M	394.2M	-261.5M
Financing cash flow	-433.1M	295.2M	-561.6M	-292.5M	615.9M	918.7M	-2.0B	-816.0M	-1.6B	-794.4M
Dividend per share	2.26	2.42	2.58	2.70	2.78	2.98	3.18	3.22	3.26	3.30

Stock-based pay and leases

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Stock-based pay (expense)	81.2M	78.7M	76.5M	88.8M	109.1M	118.3M	90.7M	83.8M	105.4M	94.1M
Stock-based pay / revenue	0.7%	0.6%	0.5%	0.7%	0.9%	0.8%	0.5%	0.5%	0.7%	0.6%
Operating lease cost	-	-	-	151.6M	116.7M	126.3M	147.1M	144.0M	139.6M	151.8M
Operating lease cash paid	-	-	-	128.2M	111.2M	110.8M	124.1M	128.3M	136.9M	133.0M
Right-of-use assets	-	-	-	535.4M	437.7M	426.0M	431.5M	502.9M	473.4M	464.3M
Operating lease liabilities	-	-	-	536.9M	449.3M	439.1M	440.5M	506.6M	491.8M	476.7M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

Work on SWK in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/SWK/export.csv") into a cell.