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Stanley Black Financials

SWK
Source SEC Filings (10-K/10-Q) Updated Apr 4, 2026 Currency USD FYE January

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).

Rhea AI SWK FY2026

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 from 24.9% to 30.3% 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 $971.2M was more than double net income of $401.9M. Free cash flow remained positive at $687.9M, and capex of only $283.3M shows the current recovery is not being swallowed by heavy reinvestment needs at this stage.

The balance sheet has been healing, with long-term debt down from $6.1B in FY2023 to $4.7B in FY2026. But interest expense still ran at $516.3M against just $401.9M of net income, so financing costs continue to absorb much of the operating improvement before it reaches shareholders in a meaningful way.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 32 / 100
Financial Profile 32/100

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.

Growth
30

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.

Leverage
91

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.

Liquidity
18

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.

Cash Flow
37

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.

Returns
17

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.

Piotroski F-Score Neutral
6/9

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.

Earnings Quality Cash-Backed
2.42x

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

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Earnings & Revenue

Revenue
$15.1B
YoY-1.5%
5Y CAGR+3.2%
10Y CAGR+3.3%

Stanley Black generated $15.1B in revenue in fiscal year 2026. This represents a decrease of 1.5% from the prior year.

EBITDA
N/A
Net Income
$401.9M
YoY+36.6%
5Y CAGR-15.9%
10Y CAGR-2.0%

Stanley Black reported $401.9M in net income in fiscal year 2026. This represents an increase of 36.6% from the prior year.

EPS (Diluted)
$2.65
YoY+35.9%
5Y CAGR-15.4%
10Y CAGR-1.5%

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

Free Cash Flow
$687.9M
YoY-8.6%
5Y CAGR-8.6%
10Y CAGR+2.7%

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.

Cash & Debt
$333.7M
YoY+14.9%
5Y CAGR+2.3%
10Y CAGR-3.9%

Stanley Black held $333.7M in cash against $4.7B in long-term debt as of fiscal year 2026.

Dividends Per Share
$3.30
YoY+1.2%
5Y CAGR+4.1%
10Y CAGR+5.2%

Stanley Black paid $3.30 per share in dividends in fiscal year 2026. This represents an increase of 1.2% from the prior year.

Shares Outstanding
155M
YoY+0.7%
5Y CAGR+0.3%
10Y CAGR-0.0%

Stanley Black had 155M shares outstanding in fiscal year 2026. This represents an increase of 0.7% from the prior year.

Margins & Returns

Gross Margin
30.3%
YoY+1.0pp
5Y CAGR-6.9pp
10Y CAGR-5.5pp

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.

Operating Margin
N/A
Net Margin
2.7%
YoY+0.7pp
5Y CAGR-4.7pp
10Y CAGR-1.8pp

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.

Return on Equity
4.5%
YoY+1.1pp
5Y CAGR-6.0pp
10Y CAGR-2.7pp

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

R&D Spending
$321.4M
YoY-2.3%
5Y CAGR+5.9%
10Y CAGR+6.5%

Stanley Black invested $321.4M in research and development in fiscal year 2026. This represents a decrease of 2.3% from the prior year.

Share Buybacks
$20.1M
YoY+13.6%
5Y CAGR-6.1%
10Y CAGR-6.5%

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.

Capital Expenditures
$283.3M
YoY-19.9%
5Y CAGR-7.8%
10Y CAGR-1.8%

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

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.

Stanley Black (SWK) revenue declined by 1.5% year-over-year, from $15.4B to $15.1B in fiscal year 2026.

Yes, Stanley Black (SWK) reported a net income of $401.9M in fiscal year 2026, with a net profit margin of 2.7%.

Stanley Black (SWK) reported diluted earnings per share of $2.65 for fiscal year 2026. This represents a 35.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2026, Stanley Black (SWK) had $333.7M in cash and equivalents against $4.7B in long-term debt.

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.

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.

Yes, Stanley Black (SWK) paid $3.30 per share in dividends during fiscal year 2026.

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.

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.

Stanley Black (SWK) generated $971.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Stanley Black (SWK) had $21.6B in total assets as of fiscal year 2026, including both current and long-term assets.

Stanley Black (SWK) invested $283.3M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Stanley Black (SWK) invested $321.4M in research and development during fiscal year 2026.

Yes, Stanley Black (SWK) spent $20.1M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Stanley Black (SWK) had 155M shares outstanding as of fiscal year 2026.

Stanley Black (SWK) had a current ratio of 1.14 as of fiscal year 2026, which is considered adequate.

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.

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.

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.

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.

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.

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