XStocksXray

Research report · 16 October 2026

Stanley Black & Decker, Inc. (SWK)

Industrials · Industrial Machinery & Supplies & Components · US stock · price as of 16 Oct 2026

Key indicators

Price	$92.48
52-week range	$59.33 – $103.74
Market cap	$13.9B
P/E (trailing)	22.6×
EV / EBITDA	10.7×
Free-cash-flow yield	9.3%
Dividend yield	3.6%
Revenue (last 12 months)	$15.2B
Revenue growth (3y a year)	−3.7%
Operating margin	8.6%
Return on invested capital	7.1%
Net debt / EBITDA	2.7×

Fair value

Blended fair value$132.55 range $127 – $138

Versus priceUndervalued+43% to fair value

Peer multiples	$159.91
Fundamentals-adjusted multiple	$145.31
10-year DCF (market-scaled)	$92.44
Earnings power value (floor, not blended)	$14.44
Model uncertainty	Medium

X-Ray Score

45/ 100 · High confidence · ahead of 26% of sector peers

Valuation87

Growth9

Profitability30

Financial health41

Dividends55

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

Executive summary

Stanley Black & Decker makes power tools, hand tools, storage products and outdoor equipment, along with industrial fastening and engineered products. Its brands include DEWALT, CRAFTSMAN, STANLEY and BLACK+DECKER, and its customers range from professional tradespeople and industrial users to home improvement retailers and do-it-yourself households. The company is organised mainly around a tools and outdoor business and an industrial business.

Most revenue comes from products supplied through retail chains, distributors and direct channels. Sales for the last twelve months came to $15.2 billion, but revenue growth over the last three years was -3.7% a year, a decline. The operating margin is 8.6%, and the business earns a profit of 7% on the capital invested in it. It carries net debt of 2.7 times EBITDA. The company pays a dividend with a yield of 3.6%.

StocksXray gives Stanley Black & Decker, Inc. an X-Ray Score of 45 out of 100 (high confidence), ahead of 26% of the S&P 500 stocks in its sector. Its strongest lens is valuation (87) and its weakest is growth (9).

Our fair value blend is $132.55 (range $127.20 to $137.55). At $92.48 the stock trades 30% below that blend, so the label is "Undervalued" with medium model uncertainty. Fair value is a range, not a price target.

XStocksXray

Stanley Black & Decker, Inc. (SWK)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

	FY2022	FY2022	FY2023	FY2024	FY2026	Now
Price	$157.43	$64.67	$87.66	$74.63	$74.16	$92.48
Market cap	$26.0B	$10.1B	$13.1B	$11.3B	$11.3B	$13.9B
P/E	15.5×	9.6×	–	38.3×	28.0×	22.6×
EV / revenue	2.1×	1.0×	1.3×	1.1×	1.1×	1.2×
EV / EBITDA	15.1×	23.0×	32.2×	14.7×	13.0×	10.7×
Price / free cash flow	180.4×	–	15.4×	15.0×	16.4×	10.8×
Free-cash-flow yield	0.6%	−19.7%	6.5%	6.7%	6.1%	9.3%
Price / book	2.2×	1.0×	1.4×	1.3×	1.2×	1.6×
Dividend yield	1.89%	4.92%	3.67%	4.37%	4.45%	3.60%

Fundamentals checklist ● 4 Good · ● 4 Average · ● 7 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−4.6%Average

Free-cash-flow yield9.3%Good

Risk models

Altman Z score3.3×Average

Piotroski F-Score7 of 9Good

Growth

EPS growth (3y)−26.8%Bad

Revenue growth (3y)−3.7%Bad

Growth consistency30%Bad

Balance sheet

Current ratio1.4×Average

Net debt / EBITDA2.7×Bad

Interest cover2.8×Bad

Valuation

Fair value vs price1.4×Good

EBIT / EV yield7.1%Good

Profitability

Return on invested capital7.1%Bad

Operating margin8.6%Bad

Gross profitability24.2%Average

XStocksXray

Stanley Black & Decker, Inc. (SWK)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statement	FY22	FY22	FY23	FY24	FY26	LTM
Revenue	15,281	16,947	15,781	15,366	15,130	15,248
Gross profit	5,092	4,284	3,933	4,514	4,588	4,864
Operating income	1,772	376	184	740	934	1,318
Net income	1,689	1,063	-311	294	402	621
Diluted EPS ($)	10.16	6.76	-2.07	1.95	2.65	4.09
Free cash flow	144	-1,990	853	753	688	1,289
Gross margin	33.3%	25.3%	24.9%	29.4%	30.3%	31.9%
Operating margin	11.6%	2.2%	1.2%	4.8%	6.2%	8.6%
Net margin	11.1%	6.3%	−2.0%	1.9%	2.7%	4.1%
Balance sheet	FY22	FY22	FY23	FY24	FY26	LTM
Total assets	28,180	24,963	23,664	21,849	21,244	20,094
Cash	142	396	449	291	280	592
Total debt	6,596	7,457	7,177	6,103	5,864	4,758
Equity	11,591	9,712	9,056	8,720	9,055	8,959
Dividend per share ($)	2.98	3.18	3.22	3.26	3.30	–

Revenue and net income US$ billions: navy revenue, teal net income

Margins blue gross, teal operating, brown net

Latest quarters

	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Revenue ($M)	3,745	3,945	3,756	3,685	3,846	3,961
Growth vs a year earlier	−3.2%	−2.0%	+0.1%	−1.0%	+2.7%	+0.4%
Net income ($M)	90	102	51	158	60	351
Diluted EPS ($)	0.60	0.67	0.34	–	0.39	2.33

XStocksXray

Stanley Black & Decker, Inc. (SWK)

Peers in Industrial Machinery & Supplies & Components

Company	X-Ray
SWK · Stanley Black & Decker, In...	45
SNA · Snap-on Inc	67
PNR · PENTAIR plc	62
GWW · W.W. Grainger, Inc.	58
OTIS · Otis Worldwide Corp	57

Market Compass outlook for Industrials: Neutral (45/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week	+4.4%
1 month	+3.8%
3 months	+6.6%
6 months	+32.2%
1 year	+42.5%
3 years	+24.2%
5 years	−37.2%

Technical summary

DailyBullish10 bullish · 3 neutral · 3 bearish

WeeklyStrongly bullish10 bullish · 1 neutral · 1 bearish

MonthlyStrongly bullish7 bullish · 1 neutral · 0 bearish

50-day / 200-day average	$93.64 / $83.32
52-week low / high	$59.33 / $103.74
Classic pivot, support and resistance	S2 89.61 · S1 91.04 · P – · R1 94.34 · R2 96.21

Recent dividends

Ex-dividend date	Amount per share
8 Sep 2026	$0.8400
8 Jun 2026	$0.8300
10 Mar 2026	$0.8300
1 Dec 2025	$0.8300
2 Sep 2025	$0.8300
3 Jun 2025	$0.8200

XStocksXray

Stanley Black & Decker, Inc. (SWK)

Strengths

Free-cash-flow yield of 9.3% is ahead of 98% of its sector peers.
Piotroski F-Score of 7 out of 9: most of the nine accounting health tests pass.
Has raised its dividend for 7 years in a row.

Risks and weak spots

EPS growth (3y) is weak against Industrials peers (−26.8%).
Revenue growth (3y) is weak against Industrials peers (−3.7%).
Growth consistency is weak against Industrials peers (30%).
Net debt / EBITDA is weak against Industrials peers (2.7×).
Interest cover is weak against Industrials peers (2.8×).
Return on invested capital is weak against Industrials peers (7.1%).
Operating margin is weak against Industrials peers (8.6%).

Latest SEC filings

Date	Form	Items
4 Sep 2026	8-K	7.01,9.01
29 Jul 2026	10-Q
29 Jul 2026	8-K	2.02,9.01
24 Jun 2026	8-K	1.01,1.02,2.03,9.01
29 Apr 2026	10-Q
29 Apr 2026	8-K	2.02,9.01
27 Apr 2026	8-K	5.02,5.07,9.01
20 Apr 2026	8-K	7.01,9.01

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.