SWKNYSECutlery, Handtools & General HardwareFiscal year ends January 2
STANLEY BLACK & DECKER, INC.
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Jul 29, 2026
$91.19−1.29 (-1.39%)
Close on Oct 19, 2026
- Market cap
- $13.74B
- P/E (TTM)
- 22.2
- Dividend yield
- 3.62%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
30.3%−4.2 pts over 5 years
Operating margin
–
Net margin
2.7%−7.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.5% | -3.7% | +3.5% | +3.1% | |
| Gross profit | +1.6% | +2.3% | +0.8% | +1.2% | |
| Net income | +36.6% | -27.7% | -20.1% | -7.6% | |
| EPS, diluted | +35.9% | -26.8% | -18.7% | -7.5% | |
| Free cash flow | -8.6% | – | -16.3% | -2.3% | |
| Dividend per share | +1.2% | +1.2% | +3.5% | +4.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 15.9% | 12.2% | 4.5% | |
| Return on assets | 6.3% | 5.6% | 1.9% | |
| Current ratio | 1.71 | 1.32 | 1.14 | |
| Debt to equity | 0.60 | 0.38 | 0.65 | |
| Net debt to EBITDA | 1.27× | 1.12× | – | |
| Interest coverage | 9.4× | 9.8× | – | |
| Inventory turnover | 4.9× | 3.4× | 2.4× | |
| Capex to revenue | 3.0% | 2.7% | 1.9% | |
| Diluted shares | 148M | 162M | 152M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Stanley Black & Decker generated $5.39B from operations and spent $6.85B on capital expenditure, dividends and share buybacks. 30% of that went back into the business.
Generated
$5.39B
Used
$6.85B
Capital expenditure$2.03B30%Dividends$2.42B35%Share buybacks$2.41B35%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.7%
×Asset turnover0.70×
×Equity multiplier2.42×
=Return on equity, FY20254.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.7% | 0.70× | 2.42× | 4.5% |
| FY2024 | 1.9% | 0.68× | 2.56× | 3.3% |
| FY2023 | -2.0% | 0.65× | 2.59× | -3.3% |
| FY2022 | 6.3% | 0.64× | 2.49× | 10.0% |
| FY2021 | 11.1% | 0.59× | 2.28× | 14.9% |
| FY2020 | 9.7% | 0.58× | 2.19× | 12.2% |
| FY2019 | 7.4% | 0.65× | 2.36× | 11.3% |
| FY2018 | 4.3% | 0.73× | 2.39× | 7.5% |
| FY2017 | 9.5% | 0.75× | 2.37× | 16.7% |
| FY2016 | 8.3% | 0.75× | 2.53× | 15.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$401.90M
- Cash generatingOperating cash flow above zero$971.20M
- Return on assets improvedROA up on the prior year1.2% → 1.8%
- Earnings backed by cashOperating cash flow above net income$971.20M vs $401.90M
- Less leverageLong-term debt to assets fell25.6% → 22.1%
- Better liquidityCurrent ratio rose1.30 → 1.14
- No dilutionShare count did not rise151M → 152M
- Gross margin improvedGross margin up on the prior year29.38% → 30.33%
- More efficientAsset turnover rose0.65 → 0.69