STANLEY BLACK & DECKER, INC. (SWK) has a current P/E ratio of 34.4, compared to its historical median P/E of 20.2. The stock is currently considered Expensive based on its historical valuation range.
STANLEY BLACK & DECKER, INC. (SWK) has a 5-year average return on invested capital (ROIC) of 5.3%. This is below average and may indicate limited pricing power.
STANLEY BLACK & DECKER, INC. (SWK) has a market capitalization of $13.8B. It is classified as a large-cap stock.
Yes, STANLEY BLACK & DECKER, INC. (SWK) pays a dividend with a trailing twelve-month yield of 3.62%. The company also returns capital through share buybacks, with a buyback yield of 0.15%.
Based on historical P/E analysis, STANLEY BLACK & DECKER, INC. (SWK) appears expensive. The current P/E of 34.4 is 70% above its historical median of 20.2. The estimated fair value CAGR (P/E method) is -22.4%.
STANLEY BLACK & DECKER, INC. (SWK) operates in the Cutlery, Handtools & General Hardware industry, within the Industrials sector.
Stanley Black & Decker is a global provider of hand tools, power tools, outdoor products and related accessories, as well as engineered fastening solutions, with 2025 consolidated annual revenues of $15.1 billion. The company operates through two reportable segments: Tools & Outdoor (87% of revenues), which includes Power Tools Group, Hand Tools, Accessories & Storage, and Outdoor Power Equipment under iconic brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, and CUB CADET; and Engineered Fastening (13% of revenues), which provides highly engineered, application-based fastening solutions to automotive, manufacturing, electronics, construction, and aerospace industries. The Tools & Outdoor segment distributes primarily through retailers including home centers, mass merchants, and hardware stores, as well as third-party distributors and direct sales forces, while Engineered Fastening relies on direct sales and, to a lesser extent, third-party distributors. The company competes on the basis of brand reputation, product quality, innovation, customer service relationships, and breadth of product lines; approximately 62% of 2025 revenues were generated in the United States, with the remainder from Europe (16%), emerging markets (13%), and Canada (4%). The company has undergone significant portfolio simplification through divestitures of CSS, MAS, Oil & Gas, Infrastructure, and the pending sale of CAM businesses, and completed a Global Cost Reduction Program that achieved $2.1 billion of pre-tax run-rate cost savings by the end of 2025, positioning the company to focus on its leading market positions in tools, outdoor, and engineered fastening systems.
【Margin expansion and growth acceleration】 Management expects 2026 to deliver meaningful progress toward long-term financial objectives, with adjusted gross margins expanding approximately 150 basis points year-over-year supported by top-line expansion, pricing actions, tariff mitigation efforts, and continuous operational improvement. The company anticipates Tools & Outdoor will deliver low single-digit organic growth in 2026 led by market share gains in a roughly flat market, while Engineered Fastening is expected to grow low to mid-single-digits organically, with both segments benefiting from new product launches, commercial initiatives, and operational excellence. Management remains committed to achieving adjusted gross margins above 35% by the end of 2028, with the back half of 2026 expected to approach the mid-30s range as tariff mitigation initiatives progress and supply chain transformation continues. The company plans to continue strategic growth investments in innovation and brand activation to enhance brand health and accelerate organic growth, while maintaining disciplined capital allocation focused on debt reduction following the CAM divestiture closure.
| Metric | Target | Period |
|---|---|---|
| Adjusted Earnings Per Share | $4.90–$5.70 | FY2026 |
| Total Company Revenue | flat year-over-year | FY2026 |
| Organic Revenue Growth | low single-digit percentage | FY2026 |
| Adjusted Gross Margin Expansion | approximately 150 basis points | FY2026 |
| Free Cash Flow | $500 million–$700 million | FY2026 |
| Free Cash Flow (excluding CAM-related payments) | $700 million–$900 million | FY2026 |
| Engineered Fastening Organic Revenue Growth | low single- to mid-single-digits | FY2026 |
| Adjusted Gross Margin Target | 35%–37% | FY2028 |
Adjusted Earnings Per Share (FY2026): “For 2026, we expect adjusted earnings per share to be in the range of $4.90 to $5.70, representing growth of 13% at the midpoint”
Total Company Revenue (FY2026): “We now anticipate total company revenue will be about flat compared to the last year”
“We still expect organic revenue to grow by a low single-digit percentage year-over-year”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2026 Earnings Call, Q3 FY2026 Earnings Call, Q2 FY2026 Earnings Call, Q1 FY2026 Earnings Call
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 15.1B | 15.1B | 15.1B | 15.4B | 15.8B | 16.9B |
| Net Income | 402M | 402M | 402M | 286M | -282M | 1.1B |
| EPS | $2.65 | $2.65 | $2.65 | $1.95 | $-2.07 | $6.76 |
| Free Cash Flow | 688M | 688M | 688M | 753M | 853M | -2.0B |
| ROIC | 6.1% | 6.1% | 6.2% | 4.9% | 1.1% | 8.2% |
| Gross Margin | 30.3% | 30.3% | 30.3% | 29.4% | 24.9% | 25.3% |
| Debt/Equity | 0.65 | 0.65 | 0.65 | 0.70 | 0.79 | 0.77 |
| Dividends/Share | $3.30 | $3.30 | $3.30 | $3.26 | $3.22 | $3.18 |
| Operating Income | 934M | 934M | 934M | 740M | 184M | 1.3B |
| Operating Margin | 6.2% | 6.2% | 6.2% | 4.8% | 1.2% | 7.5% |
| ROE | 4.4% | 4.4% | 4.5% | 3.2% | -3.0% | 10.2% |
| Shares Outstanding | 152M | 152M | 152M | 147M | 136M | 157M |
| Metric | 2020 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 11.3B | 11.6B | 13.0B | 14.0B | 12.9B | 14.5B | 12.8B | 16.9B | 15.8B | 15.4B | 15.1B | 15.1B | 15.1B |
| Gross Margin | 36.2% | 36.8% | 36.9% | 34.7% | 37.2% | 34.2% | 34.6% | 25.3% | 24.9% | 29.4% | 30.3% | 30.3% | 30.3% |
| R&D | 175M | 204M | 252M | 276M | 241M | 211M | 200M | 357M | 362M | 329M | 321M | 321M | 321M |
| SG&A | 2.6B | 2.6B | 3.0B | 3.1B | 2.5B | 3.0B | 2.6B | 3.4B | 3.3B | 3.3B | 3.3B | 3.3B | 3.3B |
| EBIT | 1.7B | 1.8B | 2.0B | 1.9B | 2.0B | 2.2B | 2.2B | 1.3B | 184M | 740M | 934M | 934M | 934M |
| Op. Margin | 14.9% | 15.8% | 15.4% | 13.5% | 15.4% | 15.0% | 17.1% | 7.5% | 1.2% | 4.8% | 6.2% | 6.2% | 6.2% |
| Net Income | 761M | 968M | 1.2B | 603M | 952M | 1.2B | 1.1B | 1.1B | -282M | 286M | 402M | 402M | 402M |
| Net Margin | 6.7% | 8.3% | 9.5% | 4.3% | 7.4% | 8.5% | 8.9% | 6.3% | -1.8% | 1.9% | 2.7% | 2.7% | 2.7% |
| Non-Recurring | 76M | 60M | 316M | 160M | 171M | 83M | 60M | 301M | 303M | 172M | 279M | 278M | 278M |
| Returns on Capital | |||||||||||||
| ROIC | 13.6% | 15.3% | 11.7% | 9.3% | 14.0% | 16.0% | 15.0% | 8.2% | 1.1% | 4.9% | 6.2% | 6.1% | 6.1% |
| ROE | 11.8% | 15.1% | 16.7% | 7.5% | 11.2% | 12.2% | 10.2% | 10.2% | -3.0% | 3.2% | 4.5% | 4.4% | 4.4% |
| ROA | 4.8% | 6.2% | 7.1% | 3.1% | 4.8% | 5.6% | 4.8% | 4.4% | -1.2% | 1.3% | 1.9% | 1.9% | 1.9% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 1.3B | 1.2B | 669M | 1.3B | 1.5B | 2.0B | 2.0B | -1.5B | 1.2B | 1.1B | 971M | 971M | 971M |
| Free Cash Flow | 1.0B | 839M | 226M | 769M | 1.1B | 1.7B | 1.7B | -2.0B | 853M | 753M | 688M | 688M | 688M |
| Owner Earnings | 975M | 841M | 293M | 853M | 857M | 1.5B | 1.5B | -1.9B | 675M | 575M | 512M | 512M | 512M |
| CapEx | 291M | 347M | 442M | 492M | 425M | 348M | 348M | 530M | 339M | 354M | 283M | 283M | 283M |
| Maint. CapEx | 263M | 264M | 297M | 331M | 560M | 377M | 377M | 370M | 432M | 426M | 366M | 366M | 366M |
| Growth CapEx | 28M | 83M | 146M | 161M | 0 | 0 | 0 | 161M | 0 | 0 | 0 | 0 | 0 |
| D&A | 263M | 264M | 297M | 331M | 560M | 377M | 377M | 370M | 432M | 426M | 366M | 366M | 366M |
| CapEx/OCF | 22.5% | 26.3% | 66.2% | 39.0% | 28.2% | N/A | 17.2% | 78.3% | 28.4% | 32.0% | N/A | 29.2% | 29.2% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 321M | 331M | 363M | 385M | 402M | 432M | 432M | 466M | 483M | 491M | 501M | 501M | 501M |
| Dividend Yield | 3.1% | 2.9% | 2.7% | 2.1% | 2.3% | N/A | 2.3% | 1.8% | 3.8% | 4.3% | N/A | 4.7% | 3.6% |
| Share Buybacks | 28M | 374M | 29M | 527M | 28M | 26M | 26M | 2.3B | 16M | 18M | 20M | 20M | 20M |
| Buyback Yield | 0.3% | 6.1% | 0.2% | 2.6% | 0.2% | 0.0% | 0.1% | 10.5% | 0.2% | 0.1% | 0.0% | 0.2% | 0.1% |
| Stock-Based Comp | 57M | 81M | 79M | 77M | 89M | 109M | 109M | 91M | 84M | 105M | 94M | 94M | 94M |
| Debt Repayment | 47M | 0 | 2.8M | 978M | 1.1B | 1.2B | 1.2B | 1.5M | 0 | 0 | 851M | 851M | 851M |
| Balance Sheet | |||||||||||||
| Net Debt | 3.4B | 2.7B | 3.2B | 4.9B | 3.4B | 2.9B | 3.0B | 7.1B | 6.7B | 5.8B | 5.6B | 5.6B | 5.6B |
| Cash & Equiv. | 497M | 1.1B | 638M | 289M | 298M | 1.4B | 1.2B | 396M | 449M | 291M | 280M | 280M | 280M |
| Long-Term Debt | 3.8B | 3.8B | 2.8B | 3.8B | 3.2B | 4.2B | 4.2B | 5.4B | 6.1B | 5.6B | 4.7B | 4.7B | 4.7B |
| Debt/Equity | 0.60 | 0.60 | 0.46 | 0.66 | 0.40 | 0.38 | 0.38 | 0.77 | 0.79 | 0.70 | 0.65 | 0.65 | 0.65 |
| Interest Coverage | 9.5 | 9.4 | 9.0 | 6.8 | 7.1 | 9.8 | 9.8 | 3.7 | 0.3 | 1.5 | 1.8 | 1.8 | 1.8 |
| Equity | 6.4B | 6.4B | 8.3B | 7.8B | 9.1B | 11.1B | 11.1B | 9.7B | 9.1B | 8.7B | 9.1B | 9.1B | 9.1B |
| Total Assets | 15.8B | 15.7B | 19.1B | 19.4B | 20.6B | 23.6B | 23.6B | 25.0B | 23.7B | 21.8B | 21.2B | 21.2B | 21.2B |
| Total Liabilities | 9.4B | 9.3B | 10.8B | 11.6B | 11.5B | 12.5B | 12.5B | 15.2B | 14.6B | 13.1B | 12.2B | 12.2B | 12.2B |
| Intangibles | 144M | 104M | 88M | 64M | 51M | 10.0B | 19M | 7.8M | 4.6M | 2.0M | 7.3B | 1.1M | 1.1M |
| Retained Earnings | 3.9B | 5.1B | 6.0B | 6.2B | 6.8B | 7.5B | 7.5B | 9.3B | 8.5B | 8.3B | 8.2B | 8.2B | 8.2B |
| Working Capital | 1.1B | 2.0B | 168M | 568M | 51M | 1.5B | 1.5B | 1.4B | 1.1B | 1.5B | 733M | 733M | 733M |
| Current Assets | 3.9B | 4.8B | 4.6B | 4.6B | 4.5B | 6.0B | 6.0B | 8.0B | 7.0B | 6.4B | 6.0B | 6.0B | 6.0B |
| Current Liabilities | 2.8B | 2.8B | 4.4B | 4.0B | 4.4B | 4.6B | 4.6B | 6.6B | 5.9B | 4.9B | 5.2B | 5.2B | 5.2B |
| Per Share Data | |||||||||||||
| EPS | 4.76 | 6.53 | 8.05 | 3.85 | 6.11 | 7.77 | 7.46 | 6.76 | -2.07 | 1.95 | 2.65 | 2.65 | 2.65 |
| Owner EPS | 6.10 | 5.67 | 1.92 | 5.44 | 5.50 | 9.68 | 10.15 | -12.22 | 4.96 | 3.92 | 3.37 | 3.37 | 3.37 |
| Book Value | 40.22 | 42.95 | 54.46 | 50.00 | 58.61 | 69.65 | 73.03 | 61.79 | 66.55 | 59.39 | 59.70 | 59.70 | 59.70 |
| Cash Flow/Share | 8.11 | 8.00 | 4.38 | 8.05 | 9.66 | 12.73 | 13.35 | -9.29 | 8.75 | 7.54 | 6.40 | 6.40 | 5.06 |
| Dividends/Share | 2.04 | 2.26 | 2.42 | 2.58 | 2.70 | 2.78 | 2.78 | 3.18 | 3.22 | 3.26 | 3.30 | 3.30 | 3.30 |
| Shares Out. | 159.9M | 148.2M | 152.5M | 156.7M | 155.9M | 158.8M | 151.4M | 157.2M | 136.1M | 146.8M | 151.7M | 151.7M | 151.7M |
| Valuation | |||||||||||||
| P/E Ratio | 14.2 | 12.1 | 12.1 | 33.7 | 15.4 | N/A | 20.2 | 14.4 | N/A | 44.3 | N/A | 29.6 | 34.4 |
| P/FCF | 10.8 | 12.4 | 65.7 | 27.4 | 14.1 | N/A | 13.7 | N/A | 12.1 | 16.8 | N/A | 17.3 | 20.1 |
| EV/EBIT | 8.1 | 6.7 | 8.7 | 13.3 | 8.9 | N/A | 11.6 | 16.2 | 90.2 | 24.8 | N/A | 18.4 | 20.8 |
| Price/Book | 1.7 | 1.7 | 1.8 | 2.6 | 1.6 | N/A | 2.1 | 2.3 | 1.1 | 1.5 | N/A | 1.3 | 1.5 |
| Price/Sales | 0.9 | 1.1 | 1.0 | 1.2 | 1.2 | N/A | 1.5 | 1.6 | 0.8 | 0.8 | N/A | 0.7 | 0.9 |
| FCF Yield | 9.3% | 7.8% | 1.5% | 3.8% | 7.3% | N/A | 7.1% | -9.0% | 8.3% | 5.8% | N/A | 5.8% | 5.0% |
| Market Cap | 10.8B | 10.7B | 14.9B | 20.4B | 14.7B | 0 | 23.5B | 22.2B | 10.3B | 13.0B | 0 | 11.9B | 13.8B |
| Avg. Price | 64.95 | 76.98 | 87.94 | 115.16 | 111.84 | 0.00 | 124.77 | 162.92 | 93.13 | 78.68 | 0.00 | 70.59 | 91.26 |
| Year-End Price | 67.69 | 70.13 | 97.44 | 134.53 | 97.86 | 0.00 | 150.97 | 146.43 | 75.69 | 86.35 | 0.00 | 78.45 | 91.26 |
STANLEY BLACK & DECKER, INC. passes 2 of 9 quality checks, indicating weak fundamentals.
STANLEY BLACK & DECKER, INC. trades at 34.4x trailing earnings, compared to its 15-year median P/E of 20.2x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 20.1x vs a median of 16.8x. The company's 5-year average ROIC is 5.3% with a gross margin of 28.0%. Total shareholder yield (dividends + buybacks) is 3.8%. At current prices, the estimated annualized return to fair value is -10.2%.
STANLEY BLACK & DECKER, INC. (SWK) reported annual revenue of $15.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
STANLEY BLACK & DECKER, INC. (SWK) has a net profit margin of 2.7%. This is a modest margin.
STANLEY BLACK & DECKER, INC. (SWK) generated $688 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
STANLEY BLACK & DECKER, INC. (SWK) has a debt-to-equity ratio of 0.65. This indicates moderate leverage.
STANLEY BLACK & DECKER, INC. (SWK) reported earnings per share (EPS) of $2.65 in its most recent fiscal year.
STANLEY BLACK & DECKER, INC. (SWK) has a return on equity (ROE) of 4.4%. This indicates moderate shareholder returns.
STANLEY BLACK & DECKER, INC. (SWK) has a 5-year average gross margin of 28.0%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for STANLEY BLACK & DECKER, INC. (SWK), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
STANLEY BLACK & DECKER, INC. (SWK) has a book value per share of $59.70, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects 2026 to deliver meaningful progress toward long-term financial objectives, with adjusted gross margins expanding approximately 150 basis points year-over-year supported by top-line expansion, pricing actions, tariff mitigation efforts, and continuous operational improvement. The company anticipates Tools & Outdoor will deliver low single-digit organic growth in 2026 led by market share gains in a roughly flat market, while Engineered Fastening is expected to grow low to mid-single-digits organically, with both segments benefiting from new product launches, commercial initiatives, and operational excellence. Management remains committed to achieving adjusted gross margins above 35% by the end of 2028, with the back half of 2026 expected to approach the mid-30s range as tariff mitigation initiatives progress and supply chain transformation continues. The company plans to continue strategic growth investments in innovation and brand activation to enhance brand health and accelerate organic growth, while maintaining disciplined capital allocation focused on debt reduction following the CAM divestiture closure.
Based on recent SEC filings and earnings calls, STANLEY BLACK & DECKER, INC. (SWK) has provided the following forward guidance: Adjusted Earnings Per Share: $4.90–$5.70 (FY2026); Total Company Revenue: flat year-over-year (FY2026); Organic Revenue Growth: low single-digit percentage (FY2026); Adjusted Gross Margin Expansion: approximately 150 basis points (FY2026); Free Cash Flow: $500 million–$700 million (FY2026), plus 3 additional metrics.
Adjusted Gross Margin Expansion (FY2026): “We anticipate adjusted gross margins will expand by approximately 150 basis points year-over-year”
Free Cash Flow (FY2026): “Free cash flow is expected to be in the range of $500 million-$700 million, including projected taxes and fees associated with the CAM divestiture”
Free Cash Flow (excluding CAM-related payments) (FY2026): “Excluding such payments, free cash flow is expected to be in the range of $700 million-$900 million”
Engineered Fastening Organic Revenue Growth (FY2026): “Engineered fastening is expected to grow low single- to mid-single-digits organically”
Adjusted Gross Margin Target (FY2028): “we continue to target 35%-37% adjusted gross margin by the end of 2028”