SWK · 10-Q · 2026Q4 · Full report

Free Cash Flow Outlook

STANLEY BLACK & DECKER, INC. · 2026-11-04 · Importance 100 · Surprise 100 · From source text

The Company raised its 2026 free-cash-flow target to $1.0 billion–$1.2 billion from $600 million–$800 million. The revised range incorporates IEEPA tariff refunds realized through the third quarter of 2026 and projected taxes and fees associated with the CAM divestiture. The Company also raised GAAP diluted EPS guidance to $5.45–$5.85 from $4.60–$5.45 and adjusted diluted EPS guidance to $5.95–$6.25 from $5.20–$5.80. At the midpoint, the updated GAAP and adjusted EPS ranges represent year-over-year growth of 113% and 31%, respectively.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashpositivecommitted+1.7%The Company raised its 2026 free cash flow target to $1.0–$1.2 billion from $600–$800 million, incorporating tariff refunds realized…