SWK · 10-Q · 2026Q4 · Full report

Interest Expense Trends

STANLEY BLACK & DECKER, INC. · 2026-11-04 · Importance 28 · Surprise 30

Net interest expense declined to $56.9 million in the third quarter of 2026 from $79.1 million in the third quarter of 2025. For the first nine months, net interest expense fell to $192.1 million from $236.5 million, a decrease of $44.4 million. The year-over-year declines were primarily due to lower interest expense from lower debt balances, partly offset by lower interest income.

Key facts

• Year-to-date net interest expense was $192.1 million in 2026 and $236.5 million in 2025; the decrease primarily reflected lower interest expense from lower debt balances, partly offset by lower interest income. source
• Third-quarter 2026 net interest expense was $56.9 million, compared with $79.1 million in third-quarter 2025. source