SWK · 10-Q · 2026Q4 · Full report

Free Cash Flow Trends

STANLEY BLACK & DECKER, INC. · 2026-11-04 · Importance 70 · Surprise 64

Free cash flow was an inflow of $585.0 million in the third quarter of 2026, compared with $155.3 million in the third quarter of 2025. Year-to-date free cash flow was an inflow of $835.9 million in 2026, versus an outflow of $195.0 million in 2025. The year-over-year changes were attributed to the operating-activity factors described by the company, including higher earnings, IEEPA tariff refunds, and working-capital changes.

Key facts

• Free cash flow was an inflow of $585.0 million in the third quarter of 2026, compared with $155.3 million in the corresponding 2025 period. source
• Year-to-date free cash flow was an inflow of $835.9 million in 2026, compared with an outflow of $195.0 million in 2025. source
• Third-quarter 2026 capital and software expenditures were $73.5 million, compared with $65.9 million in third-quarter 2025. source
• Year-to-date capital and software expenditures were $196.9 million in 2026, compared with $210.5 million in 2025. source