Company file · SWK

Stanley Black & Decker

Stanley Black & Decker's revenue fell 1.5% in FY2025, to $15.1B, and net income rose 36.6% to $402M

Revenue fell 1.5% to $15.1B in FY2025, from $15.4B in FY2023. Net income rose 36.6% to $402M. Tools and Outdoor was the largest segment, at 87% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2025 (filed Feb 24, 2026) · Latest quarter: 10-Q for the quarter ended Oct 3, 2026 (filed Nov 4, 2026) · Data pulled Nov 11, 2026

Key facts

Stanley Black & Decker (NYSE: SWK) closed fiscal 2025 on Jan 3, 2026 with revenue of $15.1B, down 1.5% from a year before; net income came to $402M, up 36.6%. Its newest quarterly report covers the three months to Oct 3, 2026: revenue of $3.7B, down 0.6% on the same stretch of the prior year, and net income of $272M. Broken down by segment, Tools and Outdoor led with 87% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Feb 24, 2026) and 10-Q for the quarter ended Oct 3, 2026 (filed Nov 4, 2026).

Revenue$15.1BFY2025 · −1.5% vs FY2023

Net income$402MFY2025 · +36.6% vs FY2023

Operating cash flow$971MFY2025 · −12.3% vs FY2023

Cash & equivalents$741Mat Oct 3, 2026 · +164.6% vs FY2025 end

Total debt$4.7Bat Oct 3, 2026 · −19.8% vs FY2025 end

Diluted shares152MFY2025 avg · +0.4% vs FY2023

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2025, filed Feb 24, 2026

Quarterly revenue: fiscal 2026 vs a year earlierFiscal Q1–Q3, $bn (each quarter from that quarter's 10-Q)

FY2025FY2026

Source: 10-Q filed Apr 29, 2026 · 10-Q filed Jul 29, 2026 · 10-Q filed Nov 4, 2026

How it makes money

By segment, FY2025

LineAmountSharevs FY2024
Tools and Outdoor$13.2B87%−1.1%
Engineered Fastening$2.0B13%−4.3%

Source: 10-K FY2025, XBRL breakdown

By segment in FY2025: Tools and Outdoor (87%) and Engineered Fastening (13%), as shares of total revenue. Total revenue was $15.1B.

By segment: three-year mixShare of the total each fiscal year

FY2022

85%15%

FY2023

87%13%

FY2025

87%13%

Tools and OutdoorEngineered Fastening

Source: 10-K FY2025

By region, FY2025

United States$9.3B62%−2.0%

Europe$3.1B20%+2.0%

Asia$1.2B8%−0.7%

Other Americas$840M6%−4.6%

Canada$680M4%−8.0%

Share is of the FY2025 total; the last column is the change from FY2024.

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q3 FY2026 (Jul to Sep 2026) compared with Q3 FY2025 (Jul to Sep 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q3 FY2026Q3 FY2025

Company

Revenue

$3.7B Q3 FY2026

$3.8B Q3 FY2025

0.6% decrease

Net income

$272M Q3 FY2026

$51M Q3 FY2025

429.4% increase

Source: Stanley Black & Decker 10-Q for the quarter ended Oct 3, 2026, filed Nov 4, 2026

By segment

Tools and Outdoor

$3.3B Q3 FY2026

$3.3B Q3 FY2025

2.5% increase

Engineered Fastening

$396M Q3 FY2026

$500M Q3 FY2025

21.0% decrease

Source: Stanley Black & Decker 10-Q for the quarter ended Oct 3, 2026, filed Nov 4, 2026

Cash & equivalents $741M at Oct 3, 2026, vs $280M at FY2025 end.
Total debt $4.7B at Oct 3, 2026, vs $5.9B at FY2025 end.
Operating cash flow, first 9 months of fiscal 2026: $1.0B vs $16M a year earlier.

The bull case and the bear case

The bull case

Net income rose 36.6% in FY2025 to $402M, from $294M. 10-K, FY2025
Total debt fell 3.9% in FY2025 to $5.9B. 10-K, FY2025
Net income in the quarter ended Oct 3, 2026 was $272M, up 429.4% on a year earlier. 10-Q, quarter ended Oct 3, 2026

The bear case

Revenue fell 1.5% in FY2025 to $15.1B, from $15.4B a year earlier. 10-K, FY2025
Operating cash flow fell 12.3% in FY2025 to $971M. 10-K, FY2025
Revenue in the quarter ended Oct 3, 2026 was $3.7B, down 0.6% on a year earlier. 10-Q, quarter ended Oct 3, 2026
Engineered Fastening revenue fell 4.3% in FY2025 to $2.0B. 10-K, FY2025

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Stanley Black & Decker is in the industrial machinery & supplies & components industry, part of the industrials sector. The SEC files it under Cutlery, Handtools & General Hardware.

Stanley Black & Decker reports 2 segments: Tools and Outdoor and Engineered Fastening.

Its latest fiscal year, FY2025, ended Jan 3, 2026.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the industrial machinery & supplies & components industry. They are not a summary of Stanley Black & Decker’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

Economic cyclesDemand for equipment and services rises and falls with business investment.
Costs and supplyMaterial, labor and supplier problems can raise costs or delay delivery.
Trade and tariffsTariffs and trade policy affect costs and sales.
Contracts and backlogLarge projects and government contracts can be delayed, cut or repriced.
Regulation and liabilitySafety, environmental and product-liability rules can raise costs.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2022	FY2023	FY2025
Revenue	$15.8B	$15.4B	$15.1B
Net income	−$310M	$294M	$402M
Operating cash flow	$1.2B	$1.1B	$971M
Cash & equivalents (year end)	$449M	$290M	$280M
Total debt (year end)	$7.2B	$6.1B	$5.9B
Diluted shares	150M	151M	152M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Total debt: Short-term borrowings and the current part of long-term debt plus long-term debt, at carrying value.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

Stanley Black & Decker names its fiscal year by the calendar year in which it starts, so FY2025 is the year that ended Jan 3, 2026.

Recent filings

Form	Filed	Period
10-Q	Nov 4, 2026	Oct 3, 2026
10-Q	Jul 29, 2026	Jul 4, 2026
10-Q	Apr 29, 2026	Apr 4, 2026
DEF 14A	Mar 6, 2026	Apr 24, 2026
10-K	Feb 24, 2026	Jan 3, 2026

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Stanley Black & Decker

How does Stanley Black & Decker make money?

Fiscal 2025 revenue: $15.1B. By segment in FY2025: Tools and Outdoor (87%) and Engineered Fastening (13%), as shares of total revenue. Total revenue was $15.1B. Source: 10-K for fiscal 2025, filed Feb 24, 2026.

What was Stanley Black & Decker's revenue in fiscal 2025?

$15.1B, down 1.5% from fiscal 2023 ($15.4B). The year ended Jan 3, 2026; for fiscal 2022 the figure was $15.8B. Source: 10-K for fiscal 2025, filed Feb 24, 2026.

Is Stanley Black & Decker profitable?

Net income was $402M in fiscal 2025 (up 36.6%; fiscal 2023 was $294M). That counts as a GAAP profit. The latest quarter, ended Oct 3, 2026: net income was $272M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 24, 2026.

What did Stanley Black & Decker report in its latest quarterly filing?

For the three months to Oct 3, 2026: revenue $3.7B (down 0.6% from $3.8B) and net income $272M (up 429.4% from $51M). Source: 10-Q for the quarter ended Oct 3, 2026, filed Nov 4, 2026.

How much cash and debt does Stanley Black & Decker have?

As of Oct 3, 2026: $741M of cash and cash equivalents, $4.7B of total debt. Total debt here is short-term borrowings and the current part of long-term debt plus long-term debt, at carrying value. Source: 10-Q filed Nov 4, 2026.

What are the main risks Stanley Black & Decker faces?

Stanley Black & Decker's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 24, 2026. Risks that are common among companies in the industrial machinery & supplies & components industry include Economic cycles; costs and supply; trade and tariffs; contracts and backlog; regulation and liability. The first: Demand for equipment and services rises and falls with business investment. Source: 10-K, Item 1A Risk Factors.

Where do these Stanley Black & Decker numbers come from?

The 10-K filed Feb 24, 2026 (fiscal 2025) and the 10-Q filed Nov 4, 2026 (quarter ended Oct 3, 2026), as published in the SEC's XBRL data. Click any number to open the filing it came from. Methodology explains how fiscal years and missing numbers are handled.

Tracked funds that report owning Stanley Black & Decker

Two Sigma Investments: 366,049 shares, reported value $34.5M at Jun 30, 2026 (new in this filing). Form 13F filed Aug 14, 2026.
Citadel Advisors: 154,696 shares, reported value $14.6M at Jun 30, 2026 (+69.4% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
Bridgewater Associates: 4,111 shares, reported value $0.4M at Jun 30, 2026 (+40.9% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.

From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

Disclosures

Editor holdings in SWK: The editor holds no position in Stanley Black & Decker (SWK). As of Nov 11, 2026.
Trading rule: The editor does not buy or sell SWK from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Nov 10, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold SWK, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
Stanley Black & DeckerSWK	FY2025	$15.1B	−1.5%	$402M
Parker HannifinPH	FY2026	$21.5B	+8.3%	$3.6B
Illinois Tool WorksITW	FY2025	$16.0B	+0.9%	$3.1B
W. W. GraingerGWW	FY2025	$17.9B	+4.5%	$1.7B
Ingersoll RandIR	FY2025	$7.7B	+5.7%	$581M

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

More company files

New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.