STANLEY BLACK & DECKER, INC.

SWK 10-K · FY 2025

SWK FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 15,130.4 15,365.7 -1.5%
Show Business Segments breakouts
Engineered Fastening · Operating Segments 1,972.2 2,061.5 -4.3%
Tools & Outdoor · Operating Segments 13,158.2 13,304.2 -1.1%
Show Geography breakouts
Asia 1,213.9 1,222.8 -0.7%
CA 680.3 739.5 -8.0%
Europe 3,079.8 3,018.3 +2.0%
Other Americas 839.6 879.7 -4.6%
US 9,316.8 9,505.4 -2.0%
Show Consolidation Items breakouts
Operating Segments 15,130.4 15,365.7 -1.5%
Cost of Revenue 10,542.1 10,851.3 -2.8%
Show Business Segments breakouts
Engineered Fastening · Operating Segments 1,417.5 1,452 -2.4%
Tools & Outdoor · Operating Segments 9,122.5 9,404 -3.0%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 1.2 2 -40.0%
Selling, General & Administrative 3,314.5 3,310.5 +0.1%
Show Business Segments breakouts
Engineered Fastening · Operating Segments 357.7 354.6 +0.9%
Tools & Outdoor · Operating Segments 2,706.9 2,702.8 +0.2%
Provision For Doubtful Accounts 18.4 22.2 -17.1%
Other Noninterest Expense 240.7 448.8 -46.4%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 4.3
Actuarial losses and prior service costs / credits · Reclassification Out Of Accumulated Other Comprehensive Income -8.5 -11.1 +23.4%
Settlement losses · Reclassification Out Of Accumulated Other Comprehensive Income -23.2 -3.5 -562.9%
Show Consolidation Items breakouts
Material Reconciling Items 240.7 448.8 -46.4%
Gain Loss On Sale Of Business 0.3
Show Consolidation Items breakouts
Material Reconciling Items 0.3
Show Disposal Group Classification breakouts
Discontinued Operations Heldforsale · Consolidated Aerospace Manufacturing (CAM) -29.5 -25.9 -13.9%
Restructuring Charges 89.1 99.9 -10.8%
Show Business Segments breakouts
Engineered Fastening · Operating Segments 5.3
Tools & Outdoor · Operating Segments 71
Show Consolidation Items breakouts
Corporate Non Segment 12.8
Material Reconciling Items 89.1 99.9 -10.8%
Show Restructuring Cost And Reserve breakouts
Employee Severance 85.7
Facility Closing 3.4
Asset Impairment Charges 189.5 72.4 +161.7%
Show Consolidation Items breakouts
Material Reconciling Items 189.5 72.4 +161.7%
Interest Income -198.4 -179.1 -10.8%
Show Consolidation Items breakouts
Material Reconciling Items -198.4 -179.1 -10.8%
Interest Expense 516.3 498.6 +3.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -4.9 -6.1 +19.7%
Show Consolidation Items breakouts
Material Reconciling Items 516.3 498.6 +3.5%
Total Costs & Expenses 14,712.5 15,124.6 -2.7%
Income Before Taxes 417.9 241.1 +73.3%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -31.7 -14.6 -117.1%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -3.7 -4.1 +9.8%
Income Tax Expense (Benefit) 16 -45.2 +135.4%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -1.9 -2.8 +32.1%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -1.7 -2.6 +34.6%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 1.1
Income Loss From Continuing Operations 401.9 286.3 +40.4%
Net Income 401.9 294.3 +36.6%
Show Equity Components breakouts
Retained Earnings 401.9 294.3 +36.6%
Income Loss From Continuing Operations Per Basic Share 2.66 1.9 +40.0%
EPS (Basic) 2.66 1.96 +35.7%
Income Loss From Continuing Operations Per Diluted Share 2.65 1.89 +40.2%
EPS (Diluted) 2.65 1.95 +35.9%
Research & Development 321.4 328.8 -2.3%
Operating Income (FY)
Show Business Segments breakouts
Engineered Fastening · Operating Segments 197 254.9 -22.7%
Tools & Outdoor · Operating Segments 1,328.8 1,197.4 +11.0%
Show Consolidation Items breakouts
Operating Segments 1,525.8 1,452.3 +5.1%
Net Income (FY)
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -29.8 -11.8 -152.5%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -2 -1.5 -33.3%
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 3.2
Comprehensive Income 752.4 42.5 +1670.4%
Other Comprehensive Income 350.5 -251.8 +239.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 350.5 -251.8 +239.2%
Wtd Avg Shares (Basic) 151,258 150,485 +0.5%
Wtd Avg Shares (Diluted) 151,878 151,297 +0.4%
Depreciation And Amortization 512.4 589.5 -13.1%
Show Business Segments breakouts
Engineered Fastening 115.7 132.7 -12.8%
Tools & Outdoor 396.7 456.8 -13.2%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax (FY)
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts
Cash Flow Hedging 43.2 16.7 +158.7%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 280.1 290.5 -3.6%
Accounts Notes And Loans Receivable Net Current 919.7 1,153.7 -20.3%
Inventory 4,157.1 4,536.4 -8.4%
Assets Of Disposal Group Including Discontinued Operation Current 262.4
Prepaid Expense Current 328.6 347.1 -5.3%
Other Assets Current 31.1 50 -37.8%
Total Current Assets 5,979 6,377.7 -6.3%
Non-Current Assets
Property, Plant & Equipment 1,831.8 2,034.3 -10.0%
Show Geography breakouts
Asia 288.1 290.1 -0.7%
CA 5.1 5.6 -8.9%
Europe 290 273.4 +6.1%
Other Americas 195.3 208.4 -6.3%
US 1,053.3 1,256.8 -16.2%
Goodwill 7,287.9 7,905.5 -7.8%
Show Business Segments breakouts
Engineered Fastening 1,262.6 1,996.3 -36.8%
Tools & Outdoor 6,025.3 5,909.2 +2.0%
Disposal Group Including Discontinued Operation Assets Noncurrent 1,273.9
Other Non-Current Assets 1,784.2 1,800.5 -0.9%
Total Assets 21,243.7 21,848.9 -2.8%
Show Business Segments breakouts
Engineered Fastening · Operating Segments 2,402 3,962.9 -39.4%
Tools & Outdoor · Operating Segments 17,705.5 18,135.8 -2.4%
Show Consolidation Items breakouts
Corporate Non Segment -400.1 -249.8 -60.2%
Operating Segments 20,107.5 22,098.7 -9.0%
Operating Lease Right-of-Use Assets 464.3 473.4 -1.9%
Show Disposal Group Classification breakouts
Discontinued Operations Heldforsale · Consolidated Aerospace Manufacturing (CAM) 7.2
Other Assets
Customer Relationship Intangible Assets Net 766.7 1,293.4 -40.7%
Trade Names Net 2,319.1 2,435.5 -4.8%
Other Intangible Assets Net 1.1 2 -45.0%
Current Liabilities
Short Term Borrowings 605.6
Show Credit Facility breakouts
Line Of Credit 83.7
Current Portion of Long-Term Debt 554.8 500.4 +10.9%
Accounts Payable 2,163 2,437.2 -11.3%
Accrued Liabilities 1,878.1 1,979.3 -5.1%
Liabilities Of Disposal Group Including Discontinued Operation Current 44.2
Total Current Liabilities 5,245.7 4,916.9 +6.7%
Deferred Revenue (Current) 27.3 31.3 -12.8%
Deferred Revenue 27.3 31.3 -12.8%
Non-Current Liabilities
Long-Term Debt 4,703.3 5,602.6 -16.1%
Deferred Tax Liabilities 66.2 165.3 -60.0%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 330.2 325.9 +1.3%
Show Retirement Plan Type breakouts
Other Postretirement Benefit Plans Defined Benefit 25.6 21.8 +17.4%
Pension Plans Defined Benefit · Foreign Plan 226.2 216.4 +4.5%
Pension Plans Defined Benefit · US 78.4 87.7 -10.6%
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent 9.4
Other Non-Current Liabilities 1,834.3 2,118.3 -13.4%
Long-Term Debt 5,258.1 6,103 -13.8%
Show Debt Instrument breakouts
Notes payable due 2026 29.5 26.7 +10.5%
Notes payable due 2026 25.2 25.7 -1.9%
Notes payable due 2026 499.9 499.4 +0.1%
Notes payable due 2028 51.7 52.4 -1.3%
Notes payable due 2028 498.6 498.3 +0.1%
Notes payable due 2028 398.7 398 +0.2%
Notes payable due 2028 155.3 157.5 -1.4%
Notes payable due 2030 746.8 746.2 +0.1%
Notes payable due 2032 497.2 496.6 +0.1%
Notes payable due 2040 376.3 374.5 +0.5%
Notes payable due 2048 495.4 495.2 0.0%
Notes payable due 2050 741.4 741 +0.1%
Notes payable due 2060 (junior subordinated) · Junior Subordinated Debt 741.9 741.6 0.0%
Other, payable due 2026 0.2 0.7 -71.4%
Stockholders' Equity
Common Stock 442.3 442.3 0.0%
Retained Earnings 8,244.6 8,343.3 -1.2%
Additional Paid In Capital Common Stock 5,063 5,071.3 -0.2%
Accumulated Other Comprehensive Income -1,970.4 -2,320.9 +15.1%
Stockholders Equity Subtotal 11,779.5 11,536 +2.1%
Treasury Stock Common Value -2,724.9 -2,816.1 +3.2%
Total Stockholders' Equity 9,054.6 8,719.9 +3.8%
Total Liabilities & Equity 21,243.7 21,848.9 -2.8%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization 365.6 426.3 -14.2%
Amortization Of Intangible Assets 146.8 163.2 -10.0%
Show Business Segments breakouts
Engineered Fastening 50.2 61.6 -18.5%
Tools & Outdoor 96.6 101.6 -4.9%
Stock-Based Compensation 94.1 105.4 -10.7%
Show Title Of Individual breakouts
Non Employee Directors · Restricted Stock Units RSU 1 1 0.0%
Show Award Type breakouts
Employee Stock Option 21.5 25.3 -15.0%
Long-Term Performance Awards 3.7 9.7 -61.9%
Restricted Stock Units RSU 64.4 64 +0.6%
Show Employee Stock Ownership Plan ESOP Disclosures By Plan breakouts
Employee Stock Purchase Plans 1.6 3.7 -56.8%
Provision For Doubtful Accounts Including Divestiture 18.4 22.2 -17.1%
Deferred Income Taxes And Tax Credits -64.4 -227.2 +71.7%
Other Non-Cash Items 67.3 186.3 -63.9%
Change in Accounts Receivable 190 58.2 +226.5%
Change in Inventory 258.5 93 +178.0%
Change in Accounts Payable -284.6 173.3 -264.2%
Increase Decrease In Deferred Revenue -4.5 -3 -50.0%
Increase Decrease In Other Current Assets 44.8 7.1 +531.0%
Increase Decrease In Other Noncurrent Assets 45.6 -49.7 +191.8%
Increase Decrease In Accrued Liabilities -204.1 -230.5 +11.5%
Increase Decrease In Pension And Postretirement Obligations -34 -40.9 +16.9%
Change in Other Liabilities -260 66.9 -488.6%
Net Cash from Operations 971.2 1,106.9 -12.3%
Deferred Income Taxes -64.4 -227.2 +71.7%
Investing Activities
Capital Expenditures -283.3 -353.9 +19.9%
Proceeds From Sale Of Property Plant And Equipment 16.9 14.8 +14.2%
Proceeds From Divestiture Of Businesses Net Of Cash Divested 5 735.6 -99.3%
Other Investing Activities -0.1 -2.3 +95.7%
Net Cash from Investing -261.5 394.2 -166.3%
Financing Activities
Repayments Of Long Term Debt -850.5
Proceeds From Repayments Of Commercial Paper 572.9 -1,056.9 +154.2%
Share Repurchases -20.1 -17.7 -13.6%
Proceeds From Issuance Of Common Stock 8.9 24.8 -64.1%
Payments Of Dividends Common Stock -500.6 -491.2 -1.9%
Proceeds From Payments For Other Financing Activities -5 -15.7 +68.2%
Net Cash from Financing -794.4 -1,556.7 +49.0%
Supplemental
Restricted Cash And Investments Current 7.3 2.3 +217.4%
Income Taxes Paid 330.1 352.3 -6.3%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 79.3 -106.2 +174.7%
Net Change in Cash -5.4 -161.8 +96.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 287.4 292.8 -1.8%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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