STANLEY BLACK & DECKER (SWK) Company Report

Adjusted gross margin of 33.3%, adjusted EBITDA margin of 13.5%, adjusted EPS of $1.41, and Q4 free cash flow of $883 million
Tools & Outdoor Q4 revenue of $3.2 billion (–2% y/y; organic –4%) with segment margin up 340 bps to 13.6%
Engineered Fastening Q4 revenue grew 6% (8% organic), led by 35% organic growth in aerospace, achieving a 12.1% segment margin
Full-year free cash flow of $688 million, debt reduced by $240 million, net debt/EBITDA leverage cut by 2.5 turns, and $2.1 billion of run-rate cost savings delivered
2026 outlook: adjusted EPS of $4.90–$5.70, revenue up low single digits, and free cash flow of $700–$900 million

7 hours ago

Transcript

Stanley Black & Decker reports Q4 2025 results

SWK

Earnings

Guidance Update

M&A

Full-year 2025 revenues of $15.1 billion; organic sales down 1%; DEWALT up low single digits, Aerospace Fasteners up 25%; adjusted gross margin 30.7% (+70 bps); adjusted EBITDA +5%; adjusted EPS $4.67; free cash flow $688 million
Q4 2025 revenue down 1% (organic −3%); achieved adjusted gross margin 33.3% (+210 bps), adjusted EBITDA margin 13.5% (+330 bps), adjusted EPS $1.41, and free cash flow $883 million
Generated $883 million of Q4 free cash flow and $688 million for 2025; reduced debt by $240 million; returned $500 million in dividends; announced sale of Aerospace Fasteners with net proceeds >$1.5 billion to reduce debt
2026 guidance: adjusted EPS $4.90–$5.70, free cash flow $700–$900 million, revenue and organic growth in low single digits; Q1 sales ~ $3.7 billion, EPS $0.55–$0.60, flat gross margin

8 hours ago

Transcript

Stanley Black & Decker reports Q4 and full-year 2025 results

SWK

Earnings

Guidance Update

Full-year 2025: revenues of $15.1 billion (organic –1%), Adjusted Gross Margin 30.7% (+70 bps), Adjusted EBITDA up 5%, Adjusted EPS $4.67 (+7%), and free cash flow of $688 million.
Q4 2025: revenue down 1% (organic –3%; pricing +4%, FX +2%, volume –7%), Adjusted Gross Margin 33.3%, Adjusted EBITDA margin 13.5% (+330 bps), Adjusted EPS $1.41, and free cash flow of $883 million.
Tools & Outdoor Q4: revenue of $3.2 billion (–2% y/y; organic –4%; pricing +5%, volume –9%), segment margin 13.6% (+340 bps); Power Tools organic –8%, Hand Tools flat, Outdoor organic +2%.
2026 outlook: Adjusted EPS of $4.90–$5.70, revenue growth in low single digits, and free cash flow of $700–$900 million.

9 hours ago

Transcript

Stanley Black & Decker reports Q4 2025 results

SWK

Earnings

Guidance Update

Stanley Black & Decker reported Q4 net sales of $3.7 billion, down 1% YoY and 3% organically, driven by price (+4%) offset by volume (−7%).
Adjusted gross margin expanded to 33.3%, up 210 bps YoY from higher pricing, tariff mitigation, and supply chain efficiencies.
Adjusted EPS was $1.41, and Q4 free cash flow totaled $883 million, supporting a year-end leverage ratio of 3.4x.
For 2026, the company projects low single-digit net sales growth, Adjusted EPS of $4.90–$5.70, and free cash flow of $700–$900 million.

10 hours ago

Presentation

Stanley Black & Decker reports Q4 and full-year 2025 results

SWK

Earnings

Guidance Update

M&A

Stanley Black & Decker delivered Q4 2025 net sales of $3.7 billion, down 1% year-over-year (organic –3%), with gross margin expanding to 33.2% (+240 bps).
Full-year 2025 net sales were $15.1 billion (–2%; organic –1%) with gross margin of 30.3% (+90 bps); GAAP EPS was $2.65 and adjusted EPS $4.67.
Q4 free cash flow reached $883 million and full-year free cash flow was $688 million, enabling approximately $240 million of debt reduction and continued dividend support.
The company signed a definitive agreement to divest its Consolidated Aerospace Manufacturing business for $1.8 billion in cash, expected to close in H1 2026 to accelerate leverage reduction.
For 2026, management forecasts GAAP EPS of $3.15–$4.35, adjusted EPS of $4.90–$5.70, and free cash flow of $700–$900 million.

12 hours ago

8-K

Stanley Black & Decker reports Q4 and full-year 2025 results

SWK

Earnings

M&A

Guidance Update

4Q 2025 net sales of $3.7 billion (-1% YoY), gross margin of 33.2%, GAAP EPS of $1.04 and adjusted EPS of $1.41; free cash flow of $883 million
FY 2025 net sales of $15.1 billion (-2% YoY), adjusted EPS of $4.67, free cash flow of $688 million, enabling ~$240 million of debt reduction
Announced agreement to divest the Consolidated Aerospace Manufacturing (CAM) business for $1.8 billion in cash, with proceeds to reduce net debt
2026 planning: GAAP EPS guidance of $3.15–$4.35, adjusted EPS of $4.90–$5.70 and free cash flow targeted at $700–$900 million

12 hours ago

Press Release

Stanley Black & Decker unveils downward drilling robot to accelerate data center construction

SWK

Product Launch

In collaboration with August Robotics, DEWALT launched the world’s first downward drilling, fleet-capable robot, currently piloted on 10 data center projects with a leading hyperscaler.
The robotic solution drills up to 10x faster than traditional methods, has achieved 99.97% accuracy across over 90,000 holes, and cut construction timelines by 80 weeks across these projects.
Targeting commercial release mid-2026, the robot will be showcased at the World of Concrete trade show in Las Vegas from January 20–22.
This innovation aims to address surging AI data center demand—hyperscalers represent nearly 80% of market demand, with an estimated $7 trillion in industry-wide capex by 2030.

Jan 20, 2026, 5:01 PM

Press Release

Stanley Black & Decker to Sell Aerospace Manufacturing Unit to Howmet

SWK

M&A

Stanley Black & Decker will sell its Consolidated Aerospace Manufacturing business to Howmet Aerospace for $1.8 billion in cash.
CAM is projected to generate $405 million to $415 million in FY 2025 revenue with an adjusted EBITDA margin in the high-teens.
The company plans to use net proceeds to reduce debt and reach a 2.5× net debt to adjusted EBITDA leverage target, with the transaction expected to close in H1 2026, pending customary approvals.
After-tax cash proceeds are estimated at $1.525 billion to $1.6 billion, and the deal is expected to avoid EPS dilution.

Dec 22, 2025, 1:49 PM

8-K

Stanley Black & Decker sells CAM business to Howmet Aerospace

SWK

M&A

Stanley Black & Decker agreed to sell its Consolidated Aerospace Manufacturing (CAM) unit to Howmet Aerospace for $1.8 billion in cash.
The company expects to use the proceeds to reduce debt and reach a 2.5× net debt to adjusted EBITDA leverage target, enabling more agile capital allocation.
CAM is projected to generate FY 2025 revenue of $405–415 million with an adjusted EBITDA margin approaching the high-teens.
The transaction remains subject to regulatory approval and is anticipated to close in the first half of 2026.

Dec 22, 2025, 1:45 PM

Press Release

Stanley Black & Decker outlines 2026 margin and cost-reduction targets

SWK

Guidance Update

CFO reaffirmed long-term targets of mid-single-digit revenue growth and 35%+ gross margin by Q4 2026; full-year 2025 gross margin is ~31%, Q4 2025 was 33%.
2026 financial framework: avg. gross margin of 32–33%, SG&A at 21–22% of sales, tax rate ~20%, and a targeted $200 million inventory reduction.
Cost-saving initiatives include $350–375 million in like-for-like COGS improvements and over $200 million of tariff mitigation by relocating SKUs out of China.
Supply-chain diversification aims to cut U.S. sourcing from China to <5% of COGS by end of 2026, expanding manufacturing in Mexico, Vietnam, and Thailand.