SWK · 10-Q · 2026Q4

STANLEY BLACK & DECKER, INC.

Filed 2026-11-04 · Industrials · View original filing on EDGAR

Everything SWK's SEC filings said, ranked

Ranked Events

• Guidance and OutlookImportance 100 · Surprise 100
  Stanley Black & Decker raised its 2026 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. The company increased its free cash flow target to…
• Free Cash Flow OutlookImportance 100 · Surprise 100
  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…
• Operating Cash Flow TrendsImportance 77 · Surprise 82
  Third-quarter 2026 cash flows provided by operations were $658.5 million, up from $221.2 million in the third quarter of 2025, driven primarily by higher earnings, IEEPA tariff refunds, and working-capital changes. For…
• Income Tax Rate ChangesImportance 71 · Surprise 82
  For the first nine months of 2026, income tax expense was $259.0 million and the effective tax rate was 27.5%, compared with a $53.8 million tax benefit and a negative 28.3% rate in the first nine months of 2025. The…
• Free Cash Flow TrendsImportance 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…
• Trade Policy and TariffsImportance 65 · Surprise 60
  On February 20, 2026, the U.S. Supreme Court invalidated tariffs imposed under the International Emergency Economic Powers Act (IEEPA); the U.S. Court of International Trade ordered Customs and Border Protection to…
• CAM Business DivestitureImportance 65 · Surprise 60
  The Company sold its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace on April 6, 2026, for $1.8 billion in cash and used the vast majority of net proceeds to reduce debt and repurchase shares.…
• Segment ProfitabilityImportance 64 · Surprise 56
  Tools & Outdoor third-quarter segment profit increased to $568.7 million, or 17.0% of sales, from $383.2 million, or 11.8%; adjusted margin increased to 17.6% from 12.0%, driven by productivity, favorable mix, and…
• Gross Margin DriversImportance 59 · Surprise 48
  Third-quarter 2026 gross profit was $1.454 billion, or 39.0% of sales, compared with $1.179 billion, or 31.4%, in the prior-year quarter; adjusted gross margin increased to 39.4% from 31.6%. For the first nine months,…
• Share Repurchase ProgramImportance 58 · Surprise 42
  On April 23, 2026, the Board authorized up to $500 million of common-stock repurchases, and the Company repurchased approximately $250 million in each of the second and third quarters. The October 29, 2026…
• Operating Expense TrendsImportance 47 · Surprise 22
  Third-quarter 2026 SG&A, including credit-loss provisions, increased to $904.5 million from $791.0 million, or 24.2% of sales versus 21.1%. First-nine-month SG&A rose to $2.736 billion from $2.531 billion, or 23.7% of…
• Capital Return ProgramImportance 44 · Surprise 24
  In the third quarter of 2026, the company used $250.9 million to purchase common stock for treasury and paid $122.9 million in common-stock dividends. For the first nine months of 2026, treasury-stock purchases totaled…
• Restructuring ChargesImportance 40 · Surprise 42
  The Company recorded $89.5 million of net restructuring charges in the first nine months of 2026, including $76.5 million in Tools & Outdoor, $8.5 million in Engineered Fastening, and $4.5 million in Corporate.…
• Interest Expense TrendsImportance 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…
• Outstanding IndebtednessImportance 26 · Surprise 24
  As of October 3, 2026, the company had $741.2 million of cash and cash equivalents, approximately 60% of which was held in foreign jurisdictions, and no commercial paper borrowings outstanding. In March 2026, it…
• Tariff RefundsImportance 25 · Surprise 42
  Stanley Black & Decker reported receiving refunds related to the U.S. International Emergency Economic Powers Act (IEEPA) during the third quarter of 2026. Management identified the refunds, alongside higher earnings…
• Engineered Fastening DemandImportance 25 · Surprise 32
  Engineered Fastening organic revenue increased 2% in the third quarter of 2026, with broad-based industrial strength partly offset by automotive pressure. For the first nine months, organic revenue increased 4%,…
• Tools & Outdoor DemandImportance 25 · Surprise 32
  Tools & Outdoor organic revenue increased 4% in the third quarter of 2026, primarily on power tools, with strength in U.S. retail and commercial and industrial (C&I) channels. For the first nine months, organic revenue…
• Revenue Performance and MixImportance 24 · Surprise 14
  Third-quarter 2026 net sales were $3.732 billion, down 1% from $3.756 billion a year earlier; a 6% volume increase was offset by a 3% CAM-divestiture impact, a 2% price decrease, and a 2% decrease from strategic…
• Geographic Market PerformanceImportance 18 · Surprise 14
  In the third quarter of 2026, Tools & Outdoor total revenue increased 3% in North America, declined 1% in Europe, and increased 2% in the rest of the world. Excluding foreign currency and strategic outdoor product line…

Revenue by Product (in millions)

Revenue by Geography (in millions)