Stanley Black & Decker (SWK)
Industrials · $13.6B market cap · SEC CIK 0000093556
fundamentals score out of 100
Next reports on Nov 2, 2026, before the open, with analysts expecting $1.57 in earnings per share.
The case for SWK
- Pays a 3.5% dividend while you wait.
- Price/sales of 0.9× is lower than 91% of Industrials companies.
The case against
- Revenue was flat on the year (+0.8%).
- Return on equity of only 7%.
- A PEG of 3.2: a P/E of 22.0× is a lot to pay for EPS growing 7%.
- Revenue has shrunk 2.2% a year over five years.
- Dividend takes 81% of earnings, leaving little cushion.
- Long-term debt of $4.7B against $280M of cash.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 77 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 19 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 26 |
| Momentumhow the price has behaved lately | 64 |
| Stabilityhow violently it moves, what it owes and what it pays you | 39 |
- Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.
Key numbers
| Price / earnings | 22.0× |
|---|---|
| Price / book | 1.61× |
| Price / sales | 0.9× |
| Revenue growth (YoY) | +0.8% |
| EPS growth (YoY) | +6.9% |
| Gross margin | 31% |
| Operating margin | 8% |
| Net margin | 4% |
| Return on equity | 7% |
| Debt / equity | 0.53× |
| Current ratio | 1.43 |
| Dividend yield | 3.54% |
| Beta | 1.18 |
| 52-week range | $61.90 – $104.68 |
| Position in that range | 71% of the way up |
| 3-month return | +2.2% |
| 1-year return | +15.7% |
Five years of financials, as filed
Pulled from Stanley Black & Decker's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $15.1B | $15.4B | $15.8B | $16.9B | $15.3B |
| Gross profit | — | — | — | $4.3B | $5.1B |
| Net income | $402M | $294M | -$311M | $1.1B | $1.7B |
| Operating cash flow | $971M | $1.1B | $1.2B | -$1.5B | $663M |
| Capital expenditure | $283M | $354M | $339M | $530M | $519M |
| Total assets | $21.2B | $21.8B | $23.7B | $25.0B | $28.2B |
| Shareholder equity | $9.1B | $8.7B | $9.1B | $9.7B | $11.6B |
| Cash | $280M | $291M | $449M | $396M | $142M |
| Long-term debt | $4.7B | $5.6B | $6.1B | $5.4B | $4.4B |
| Free cash flow | $688M | $753M | $853M | -$2.0B | $144M |
| Gross margin | — | — | — | 25.3% | 33.3% |
| Net margin | 2.7% | 1.9% | -2.0% | 6.3% | 11.1% |
| Diluted shares | 152M | 151M | 150M | 157M | 165M |
Share count is down 8.0% over 4 years. Buybacks have been shrinking the pie.
What Stanley Black & Decker says it does
Stanley Black & Decker, Inc. ("the Company") was founded in 1843 by Frederick T. Stanley and incorporated in Connecticut in 1852. In March 2010, the Company completed a merger with The Black & Decker Corporation ("Black & Decker"), a company founded by S. Duncan Black and Alonzo G. Decker and incorporated in Maryland in 1910. At that time, the Company changed its name from The Stanley Works to Stanley Black & Decker, Inc. The Company’s principal executive office is located at 1000 Stanley Drive, New Britain, Connecticut 06053 and its telephone number is (860) 225-5111. The Company is a global provider of hand tools, power tools, outdoor products and related accessories, as well as a leading provider of engineered fastening solutions, with 2025 consolidated annual revenues of $15.1 billion. Approximately 62% of the Company’s 2025 revenues were generated in the United States, with the remainder largely from Europe (16%), emerging markets…
Risk factors SWK lists in its 10-K
- Notes to Consolidated Financial Statements
- Talent Attraction, Development, and Retention
- Total Rewards and Employee Well-being
- The Company’s business is subject to risks associated with sourcing, manufacturing and maintaining appropriate inventory levels
- The Company’s business is subject to risks associated with the global trade environment, including customs and trade regulations, tariffs, quotas, import taxes and international trade agreements
- The Company faces active global competition and if it does not compete effectively, its business may suffer
- Customer consolidation could have a material adverse effect on the Company’s business
- Low demand for new products and the inability to develop and introduce new products at favorable margins and on target timelines could adversely impact the Company’s performance and prospects for future growth
- The pace of technological change continues to accelerate and the Company's ability to react effectively to such change may present significant competitive risks
- The Company has significant operations outside of the U.S., which are subject to political, legal, economic and other risks arising from international operations
- The Company’s success depends on its ability to improve productivity and streamline operations to control or reduce costs
- A material disruption of the Company's operations, particularly at its manufacturing facilities or within its information technology infrastructure, or its supply chain could adversely affect business
- If the Company were required to write-down all or part of its goodwill, indefinite-lived trade names, or other definite-lived intangible assets, its net income and net worth could be materially adversely affected
- Note E, Goodwill and Intangible Assets