This page shows Stanley Black (SWK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin repair, not sales growth, is powering Stanley Black & Decker's return to cash-generating profitability after a multi-year cleanup.
From FY2023 to FY2026, gross margin rebounded from24.9% to30.3% even though revenue stayed roughly flat. With sales still near$15.1B and SG&A still around$3.3B , the earnings recovery points to a cost-and-mix reset inside operations rather than a demand-driven rebound.
In FY2026, operating cash flow of
The balance sheet has been healing, with long-term debt down from
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Stanley Black's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Stanley Black's revenue declined 1.5% year-over-year, from $15.4B to $15.1B. This contraction results in a growth score of 30/100.
Stanley Black carries a low D/E ratio of 0.52, meaning only $0.52 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
Stanley Black's current ratio of 1.14 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Stanley Black has a free cash flow margin of 4.5%, earning a moderate score of 37/100. The company generates positive cash flow after capital investments, but with room for improvement.
Stanley Black generates a 4.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 17/100. This is up from 3.4% the prior year.
Stanley Black passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Stanley Black generates $2.42 in operating cash flow ($971.2M OCF vs $401.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Stanley Black generated $15.1B in revenue in fiscal year 2026. This represents a decrease of 1.5% from the prior year.
Stanley Black reported $401.9M in net income in fiscal year 2026. This represents an increase of 36.6% from the prior year.
Stanley Black earned $2.65 per diluted share (EPS) in fiscal year 2026. This represents an increase of 35.9% from the prior year.
Cash & Balance Sheet
Stanley Black generated $687.9M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 8.6% from the prior year.
Stanley Black held $333.7M in cash against $4.7B in long-term debt as of fiscal year 2026.
Stanley Black paid $3.30 per share in dividends in fiscal year 2026. This represents an increase of 1.2% from the prior year.
Stanley Black had 155M shares outstanding in fiscal year 2026. This represents an increase of 0.7% from the prior year.
Margins & Returns
Stanley Black's gross margin was 30.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 1.0 percentage points from the prior year.
Stanley Black's net profit margin was 2.7% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.
Stanley Black's ROE was 4.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.
Capital Allocation
Stanley Black invested $321.4M in research and development in fiscal year 2026. This represents a decrease of 2.3% from the prior year.
Stanley Black spent $20.1M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 13.6% from the prior year.
Stanley Black invested $283.3M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 19.9% from the prior year.
SWK Income Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8B+4.4% | $3.7B-1.9% | $3.8B-4.8% | $3.9B+5.4% | $3.7B+0.6% | $3.7B-0.8% | $3.8B-6.8% | $4.0B |
| Cost of Revenue | $2.7B+9.2% | $2.5B-4.4% | $2.6B-10.5% | $2.9B+9.7% | $2.6B+1.8% | $2.6B-2.1% | $2.6B-8.8% | $2.9B |
| Gross Profit | $1.2B-5.3% | $1.2B+3.6% | $1.2B+10.6% | $1.1B-4.8% | $1.1B-2.0% | $1.1B+2.1% | $1.1B-1.8% | $1.1B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $877.7M+9.5% | $801.9M+1.5% | $789.7M-9.3% | $870.4M+2.1% | $852.5M+1.2% | $842.7M+6.7% | $790.0M-4.3% | $825.8M |
| Operating Income | $276.0M | N/A | N/A | N/A | N/A | N/A | $397.7M+3.9% | $382.9M |
| Interest Expense | $113.1M-14.1% | $131.7M+2.0% | $129.1M0.0% | $129.1M+2.1% | $126.4M+10.5% | $114.4M-12.9% | $131.4M+8.3% | $121.3M |
| Income Tax | $25.2M-63.9% | $69.8M+541.8% | -$15.8M+79.0% | -$75.2M-302.2% | $37.2M+153.5% | -$69.5M-4243.8% | -$1.6M+44.8% | -$2.9M |
| Net Income | $59.6M-62.3% | $158.2M+207.8% | $51.4M-49.6% | $101.9M+12.7% | $90.4M-53.6% | $194.9M+113.9% | $91.1M+913.4% | -$11.2M |
| EPS (Diluted) | $0.39 | N/A | $0.34-49.3% | $0.67+11.7% | $0.60 | N/A | $0.60+957.1% | $-0.07 |
SWK Balance Sheet
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.6B+1.7% | $21.2B-2.3% | $21.8B-3.3% | $22.5B0.0% | $22.5B+3.0% | $21.8B-2.8% | $22.5B+0.1% | $22.5B |
| Current Assets | $6.5B+8.8% | $6.0B-8.0% | $6.5B-5.5% | $6.9B-1.9% | $7.0B+9.9% | $6.4B-6.6% | $6.8B+0.7% | $6.8B |
| Cash & Equivalents | $333.7M+19.1% | $280.1M+4.4% | $268.3M-14.0% | $311.8M-9.6% | $344.8M+18.7% | $290.5M-2.7% | $298.7M-6.2% | $318.5M |
| Inventory | $4.1B-2.4% | $4.2B-6.4% | $4.4B-4.2% | $4.6B-1.4% | $4.7B+3.8% | $4.5B-2.0% | $4.6B+1.5% | $4.6B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $7.3B-0.2% | $7.3B-9.2% | $8.0B-0.4% | $8.1B+1.3% | $8.0B+0.6% | $7.9B-1.2% | $8.0B+0.8% | $7.9B |
| Total Liabilities | $12.6B+3.6% | $12.2B-4.6% | $12.8B-4.9% | $13.4B-1.6% | $13.7B+4.0% | $13.1B-3.6% | $13.6B-0.8% | $13.7B |
| Current Liabilities | $5.7B+9.0% | $5.2B-10.5% | $5.9B-11.1% | $6.6B+3.8% | $6.3B+29.1% | $4.9B-7.1% | $5.3B-0.9% | $5.3B |
| Long-Term Debt | $4.7B0.0% | $4.7B0.0% | $4.7B-1.2% | $4.8B+0.1% | $4.8B-15.1% | $5.6B0.0% | $5.6B0.0% | $5.6B |
| Total Equity | $9.0B-0.9% | $9.1B+0.9% | $9.0B-0.9% | $9.1B+2.5% | $8.8B+1.4% | $8.7B-1.6% | $8.9B+1.6% | $8.7B |
| Retained Earnings | $8.2B-0.8% | $8.2B+0.4% | $8.2B-0.9% | $8.3B-0.3% | $8.3B-0.4% | $8.3B+0.9% | $8.3B-0.4% | $8.3B |
SWK Cash Flow Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$388.8M-140.7% | $955.7M+332.1% | $221.2M+3.2% | $214.3M+151.0% | -$420.0M-161.8% | $679.1M+137.6% | $285.8M-50.1% | $573.0M |
| Capital Expenditures | $58.5M-19.6% | $72.8M+10.5% | $65.9M-17.2% | $79.6M+22.5% | $65.0M-43.2% | $114.5M+32.4% | $86.5M-0.8% | $87.2M |
| Free Cash Flow | -$447.3M-150.7% | $882.9M+468.5% | $155.3M+15.3% | $134.7M+127.8% | -$485.0M-185.9% | $564.6M+183.3% | $199.3M-59.0% | $485.8M |
| Investing Cash Flow | -$55.5M+22.4% | -$71.5M-9.8% | -$65.1M+3.1% | -$67.2M-16.5% | -$57.7M+45.9% | -$106.6M-24.8% | -$85.4M-113.2% | $649.4M |
| Financing Cash Flow | $508.2M+157.4% | -$885.3M-370.7% | -$188.1M+15.7% | -$223.0M-144.4% | $502.0M+199.8% | -$502.9M-114.6% | -$234.3M+82.9% | -$1.4B |
| Dividends Paid | $126.0M-0.2% | $126.3M+0.4% | $125.8M+1.5% | $124.0M-0.4% | $124.5M+0.4% | $124.0M+0.3% | $123.6M+1.5% | $121.8M |
| Share Buybacks | $15.3M+183.3% | $5.4M+145.5% | $2.2M+175.0% | $800K-93.2% | $11.7M+51.9% | $7.7M+234.8% | $2.3M+64.3% | $1.4M |
SWK Financial Ratios
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.1%-3.1pp | 33.2%+1.8pp | 31.4%+4.4pp | 27.0%-2.9pp | 29.9%-0.8pp | 30.8%+0.9pp | 29.9%+1.5pp | 28.4% |
| Operating Margin | 7.2% | N/A | N/A | N/A | N/A | N/A | 10.6%+1.1pp | 9.5% |
| Net Margin | 1.6%-2.7pp | 4.3%+2.9pp | 1.4%-1.2pp | 2.6%+0.2pp | 2.4%-2.8pp | 5.2%+2.8pp | 2.4%+2.7pp | -0.3% |
| Return on Equity | 0.7%-1.1pp | 1.8%+1.2pp | 0.6%-0.5pp | 1.1%+0.1pp | 1.0%-1.2pp | 2.2%+1.2pp | 1.0%+1.2pp | -0.1% |
| Return on Assets | 0.3%-0.5pp | 0.7%+0.5pp | 0.2%-0.2pp | 0.4%+0.0pp | 0.4%-0.5pp | 0.9%+0.5pp | 0.4%+0.5pp | -0.1% |
| Current Ratio | 1.140.0 | 1.14+0.0 | 1.11+0.1 | 1.04-0.1 | 1.10-0.2 | 1.300.0 | 1.29+0.0 | 1.27 |
| Debt-to-Equity | 0.520.0 | 0.520.0 | 0.520.0 | 0.53-0.0 | 0.54-0.1 | 0.640.0 | 0.630.0 | 0.64 |
| FCF Margin | -11.6%-35.6pp | 24.0%+19.8pp | 4.1%+0.7pp | 3.4%+16.4pp | -13.0%-28.1pp | 15.2%+9.9pp | 5.3%-6.8pp | 12.1% |
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Frequently Asked Questions
What is Stanley Black's annual revenue?
Stanley Black (SWK) reported $15.1B in total revenue for fiscal year 2026. This represents a -1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Stanley Black's revenue growing?
Stanley Black (SWK) revenue declined by 1.5% year-over-year, from $15.4B to $15.1B in fiscal year 2026.
Is Stanley Black profitable?
Yes, Stanley Black (SWK) reported a net income of $401.9M in fiscal year 2026, with a net profit margin of 2.7%.
How much debt does Stanley Black have?
As of fiscal year 2026, Stanley Black (SWK) had $333.7M in cash and equivalents against $4.7B in long-term debt.
What is Stanley Black's gross margin?
Stanley Black (SWK) had a gross margin of 30.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Stanley Black's net profit margin?
Stanley Black (SWK) had a net profit margin of 2.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Stanley Black pay dividends?
Yes, Stanley Black (SWK) paid $3.30 per share in dividends during fiscal year 2026.
What is Stanley Black's return on equity (ROE)?
Stanley Black (SWK) has a return on equity of 4.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Stanley Black's free cash flow?
Stanley Black (SWK) generated $687.9M in free cash flow during fiscal year 2026. This represents a -8.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Stanley Black's operating cash flow?
Stanley Black (SWK) generated $971.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Stanley Black's total assets?
Stanley Black (SWK) had $21.6B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Stanley Black's capital expenditures?
Stanley Black (SWK) invested $283.3M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Stanley Black spend on research and development?
Stanley Black (SWK) invested $321.4M in research and development during fiscal year 2026.
What is Stanley Black's current ratio?
Stanley Black (SWK) had a current ratio of 1.14 as of fiscal year 2026, which is considered adequate.
What is Stanley Black's debt-to-equity ratio?
Stanley Black (SWK) had a debt-to-equity ratio of 0.52 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Stanley Black's return on assets (ROA)?
Stanley Black (SWK) had a return on assets of 1.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Stanley Black's Piotroski F-Score?
Stanley Black (SWK) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Stanley Black's earnings high quality?
Stanley Black (SWK) has an earnings quality ratio of 2.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Stanley Black?
Stanley Black (SWK) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.