Stanley Black & Decker, Inc. (SWK)
Industrials · Industrial Machinery & Supplies & Components · US stock · S&P 500 component
$98.97
▲ +3.53 (3.70%)
Fair valueFair
$108 +9.0% to fair value
$54fair band $92–$131$162
Day's range
$93.33 – $99.04
52-week range
$61.90 – $104.68
About Stanley Black & Decker, Inc.
Stanley Black & Decker makes power tools, hand tools, storage products and outdoor equipment, along with industrial fastening and engineered products. Its brands include DEWALT, CRAFTSMAN, STANLEY and BLACK+DECKER, and its customers range from professional tradespeople and industrial users to home improvement retailers and do-it-yourself households. The company is organised mainly around a tools and outdoor business and an industrial business.
Most revenue comes from products supplied through retail chains, distributors and direct channels. Sales for the last twelve months came to $15.2 billion, but revenue growth over the last three years was -3.7% a year, a decline. The operating margin is 8.6%, and the business earns a profit of 7% on the capital invested in it. It carries net debt of 2.7 times EBITDA. The company pays a dividend with a yield of 3.4%. On the site's X-Ray Score it receives 44 out of 100.
Price chart
52-wk range $61.90 – $104.68Volume 1,753,928Daily, split-adjusted
Vitals
Market cap$14.9B
52-week range$61.90 – $104.68
Volume (last day)1,753,928
P/E (TTM)24.2
EBIT / EV yield6.7%
Free-cash-flow yield8.6%
Dividend yield3.4%
Revenue (TTM)$15.2B
Net income (TTM)$621M
Operating margin8.6%
Return on capital7.1%
Debt incl. leases$5.2B
Cash & securities$592M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$108middle half of models $92 – $113
Fair
+9.0% to fair value
Average of the 15 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $99
Undervalued < $92Fair $92 – $131Overvalued > $131
P/E multiple
$96
P/B multiple
$101
P/S multiple
$164
EV/EBITDA multiple
$119
EV/EBIT multiple
$126
EV/revenue multiple
$156
10-year DCF, EBITDA exit
$101
5-year DCF, EBITDA exit
$102
10-year DCF, revenue exit
$106
5-year DCF, revenue exit
$106
10-year DCF, growth exit
$87
5-year DCF, growth exit
$84
Dividend discount, stable
$85
Dividend discount, multi-stage
$89
Earnings power value
$95
Growth the price implies
10.3%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Strong
86/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield6.7%
Free-cash-flow yield8.6%
Fair value vs price1.1×
Growth
Weak
9/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-3.7%
EPS growth (3y)-26.8%
Growth consistency30%
Profitability
Weak
30/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital7.1%
Operating margin8.6%
Gross profitability24.2%
Financial health
Weak
41/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA2.7×
Interest cover2.8×
Dividends
Fair
56/100
Dividend is typical for its sector.
See the numbers →
Dividend yield3.4%
Dividends vs free cash flow39%
Dividend growth2.4%
Quarterly results: last 6 quarters
-3.2%
Mar '25
-2.0%
Jun '25
+0.1%
Sep '25
-1.0%
Jan '26
+2.7%
Apr '26
+0.4%
Jul '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.0B, diluted EPS $2.33.
Compare with peers
SNA Snap-on Inc66 PNR PENTAIR plc62 XYL Xylem Inc.55 GWW W.W. Grainger, Inc.55Other Industrial Machinery & Supplies & Components companies by X-Ray Score.
SWOT analysis: Stanley Black & Decker, Inc.
Strengthsinside the company
- Free cash flow equals 8.6% of the market value, which funds dividends, buybacks or debt paydown.
- Passes 7 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.
Weaknessesinside the company
- Return on invested capital of 7.1% is well below the 13.5% median of industry peers.
- Operating margin of 8.6% is thin against 20.6% for industry peers.
- Revenue has fallen 3.7% a year over three years while industry peers grew 2.5%.
- Earnings per share have declined 26.8% a year over three years.
Opportunitiesvaluation and setting
- Dividends use only 39% of free cash flow, which leaves room to raise them.
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare SWK with peers and sector
Medians of 13 Industrial Machinery & Supplies & Components peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): PH 50, ITW 46, GWW 55, IR 47, OTIS 55, DOV 49.
| Metric | SWK | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 44 | 50 | 51 |
| Valuation | 86 | 52 | 44 |
| Growth | 9 | 40 | 51 |
| Profitability | 30 | 51 | 51 |
| Financial health | 41 | 56 | 49 |
| Dividends | 55 | 53 | 53 |
Sector leaders: highest X-Ray Score in Industrials
SWK ranks #60 of 81 in Industrials and #13 of 14 in Industrial Machinery & Supplies & Components by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for SWK
Each factor is rated by where SWK stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 7 Good · 2 Average · 12 Bad of 21
Growth: 0 · 0 · 3
Profitability: 0 · 0 · 5
Financial strength: 1 · 1 · 2
Valuation: 5 · 0 · 0
Cash flow: 1 · 1 · 1
Efficiency: 0 · 0 · 1
| Factor | SWK | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | −3.7% | Bad beats 13% | +5.6% | – | – |
| Revenue growth, last year | −1.5% | Bad beats 14% | +4.5% | −1.5% | ≈ In line |
| EPS growth, 3 years a year | −26.8% | Bad beats 1% | +5.7% | – | – |
| Profitability | |||||
| Gross margin | 31.9% | Bad beats 27% | 38.0% | 29.4% | ≈ In line |
| Operating margin | 8.6% | Bad beats 22% | 17.5% | 4.8% | ▲ Better |
| Net margin | 4.1% | Bad beats 9% | 12.8% | 2.7% | ▲ Better |
| Return on invested capital | 7.1% | Bad beats 7% | 14.9% | – | – |
| Return on equity | 6.9% | Bad beats 6% | 23.7% | 4.4% | ▲ Better |
| Financial strength | |||||
| Net debt / EBITDA | 2.7x | Bad beats 21% | 1.8x | 5.0x | ▲ Better |
| Interest cover | 2.8x | Bad beats 2% | 21.4x | 1.5x | ▲ Better |
| Current ratio | 1.43 | Average beats 61% | 1.25 | 1.19 | ▲ Better |
| Piotroski F-score | 7 / 9 | Good beats 68% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 24.0x | Good beats 67% | 28.9x | 23.7x | ≈ In line |
| Price / book | 1.7x | Good beats 98% | 6.2x | 1.4x | ≈ In line |
| Price / sales | 1.0x | Good beats 90% | 3.5x | 0.8x | ≈ In line |
| EV / EBITDA | 11.6x | Good beats 88% | 18.5x | 17.5x | ▲ Better |
| Free cash flow yield | 8.6% | Good beats 98% | 3.8% | 5.8% | ▲ Better |
| Cash flow | |||||
| Free cash flow margin | 8.5% | Bad beats 22% | 13.8% | 4.5% | ▲ Better |
| Cash from operations / net income | 2.50 | Good beats 94% | 1.39 | 1.40 | ▲ Better |
| Accruals (lower is better) | −4.6% | Average beats 65% | −3.2% | – | – |
| Efficiency | |||||
| Inventory turnover | 2.7x | Bad beats 12% | 4.0x | 2.4x | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 4 Good · ● 4 Average · ● 7 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioAverage
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 42/100.
Financials
| FY22 | FY22 | FY23 | FY24 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $15.3B | $16.9B | $15.8B | $15.4B | $15.1B |
| Operating income | $1.8B | $376M | $184M | $740M | $934M |
| Net income | $1.7B | $1.1B | −$311M | $294M | $402M |
| Operating cash flow | $663M | −$1.5B | $1.2B | $1.1B | $971M |
| Operating margin | 11.6% | 2.2% | 1.2% | 4.8% | 6.2% |
| Free cash flow | $144M | −$2.0B | $853M | $753M | $688M |
| Diluted EPS | $10.16 | $6.76 | $-2.07 | $1.95 | $2.65 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 1 neutral · 3 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 92.31 | Bullish |
| EMA 10 | 93.34 | Bullish |
| SMA 20 | 90.94 | Bullish |
| EMA 20 | 92.13 | Bullish |
| SMA 50 | 93.04 | Bullish |
| EMA 50 | 91.79 | Bullish |
| SMA 100 | 91.00 | Bullish |
| EMA 100 | 89.62 | Bullish |
| SMA 200 | 83.72 | Bullish |
| EMA 200 | 85.00 | Bullish |
Oscillators (daily)
| RSI (14) | 68.89 | Neutral |
| MACD (12, 26) | 0.94 | Bullish |
| Momentum (12) | 9.98 | Bullish |
| Stochastic %K (14) | 99.47 | Bearish |
| Williams %R (14) | -0.53 | Bearish |
| CCI (20) | 231.1 | Bearish |
Pivot points (classic, last session)
S3 89.47 | S2 91.40 | S1 95.18 | Pivot 97.11 | R1 100.9 | R2 102.8 | R3 106.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.33 USD
Yield on today's price
3.36%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.8400 | |
| 0.8300 | |
| 0.8300 | |
| 0.8300 | |
| 0.8300 | |
| 0.8200 | |
| 0.8200 | |
| 0.8200 | |
| 0.8200 | |
| 0.8100 | |
| 0.8100 | |
| 0.8100 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold SWK
| ETF | Share of the fund |
|---|---|
| PEY Invesco High Yield Equity Dividend Ach... | 1.89% |
| KNG FT Cboe Vest S&P 500 Dividend Aristocr... | 1.65% |
| NOBL ProShares S&P 500 Dividend Aristocrats | 1.53% |
| RSPN Invesco S&P 500 Equal Weight Industria... | 1.45% |
| SPYD SPDR Portfolio S&P 500 High Dividend | 1.35% |
| RPV Invesco S&P 500 Pure Value | 1.20% |
| DON WisdomTree U.S. MidCap Dividend | 1.08% |
| SPHB Invesco S&P 500 High Beta | 0.94% |
The eight funds with the largest weight in SWK among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
SWK stock splits
SWK has split its stock once since 1996. The latest was a 2-for-1 split on 4 Jun 1996.
Full SWK stock split history →SWK SEC filings
8-KSEC EDGAR
Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Entered a material agreement
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change; Shareholder vote results
8-KSEC EDGAR
Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.