SWK STANLEY BLACK & DECKER, INC.

Overview and Growth

Fiscal 2025 results for STANLEY BLACK & DECKER, INC. combined $15.13B of revenue with net income of $401.90M and an operating cash inflow of $971.20M. Revenue of $15.13B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 1.5% below fiscal 2024 revenue of $15.37B, marking a top-line contraction. Diluted earnings per share were $2.65, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS increased by 35.9% from $1.95 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. The revenue-to-assets relationship was 0.71x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $4.59B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 30.3% of revenue, quantifying the portion retained before operating expenses were recognized. After all reported below-operating-line items, the company recorded net income of $401.90M for the fiscal year. Measured against reported revenue, net income produced a 2.7% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $417.90M of earnings, providing a bridge between the operating result and final net income. Pretax income represented 2.8% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $16.00M, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 3.8% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 4.4%, relating annual net income to the equity capital on the balance sheet.

Liquidity and Capital Structure

At period end, the $21.24B asset base was financed through $12.19B of liabilities and $9.05B of equity. At period end, current assets of $5.98B compared with current liabilities of $5.25B, defining the company’s short-term resource position. At 1.14x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $280.10M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 5.3% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $5.26B of total debt at period end, which frames its leverage and debt-service burden. The debt-to-equity relationship was 0.58x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 24.8%, comparing borrowing with the total asset balance. Liabilities represented 57.4% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 1.3%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 2.8% lower than fiscal 2024 assets of $21.85B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $971.20M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 2.42x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $283.30M of capital expenditures, the investment amount considered after operating cash generation. Capital spending absorbed 29.2% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $687.90M, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 4.5%, showing how much sales converted into cash after investment. Free cash flow equaled 3.2% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Jan 3, 2026. Analysis generated Oct 21, 2026.