Stanley Black & Decker, Inc. (SWK) Balance Sheet
SWK balance sheet, 2025
December 31, 2025 · U.S. dollars$21.24B assets = $12.19B liabilities + $9.05B equity
Both columns are drawn to the same scale: what SWK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SWK financial health
Descriptive bands, not a rating. Fiscal 2025.
SWK balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $15.67B2016 | $21.24B2025 | +3.4%/yr | |
| Total liabilities | $9.30B2016 | $12.19B2025 | +3.1%/yr | |
| Shareholders’ equity | $6.35B2016 | $9.05B2025 | +4.0%/yr | |
| Cash & short-term investments | $1.13B2016 | $280.1M2025 | −14.4%/yr | |
| Total debt | $3.83B2016 | $6.00B2025 | +5.1%/yr | |
| Net cash (debt) | −$2.70B2016 | −$5.72B2025 | −$3.0B | |
| Working capital | $1.98B2016 | $733.3M2025 | −$1.2B | |
| Book value per share | $42.862016 | $59.522025 | +3.7%/yr | |
| Current ratio | 1.712016 | 1.142025 | −0.57 | |
| Debt / equity | 0.602016 | 0.662025 | +0.06 | |
| Shares outstanding | 148.2M2016 | 152.1M2025 | +0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SWK assets
SWK liabilities and equity
SWK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SWK balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $280.1M | $290.5M | $449.4M | $395.6M | $142.1M | $1.38B | $297.7M | $311.4M | $637.5M | $1.13B |
| Cash & equivalents | $280.1M | $290.5M | $449.4M | $395.6M | $142.1M | $1.38B | $297.7M | $311.4M | $637.5M | $1.13B |
| Short-term investments | — | — | −$600,000 | — | $1.2M | — | — | — | $0 | $0 |
| Receivables | $919.7M | $1.15B | $1.30B | $1.23B | $1.48B | $1.51B | $1.45B | $1.61B | $1.63B | $1.30B |
| Inventory | $4.16B | $4.54B | $4.74B | $5.86B | $5.42B | $2.74B | $2.25B | $2.37B | $2.02B | $1.48B |
| Other current assets | $622.1M | $397.1M | $527.3M | $487.0M | $1.48B | $405.4M | $449.3M | $276.7M | $281.5M | $875.9M |
| Total current assets | $5.98B | $6.38B | $7.02B | $7.97B | $8.53B | $6.04B | $4.46B | $4.57B | $4.57B | $4.79B |
| Property, plant & equipment (net) | $1.83B | $2.03B | $2.17B | $2.35B | $2.34B | $2.05B | $1.96B | $1.92B | $1.74B | $1.45B |
| Goodwill & intangible assets | $10.38B | $11.64B | $11.95B | $12.98B | $13.29B | $14.09B | $12.86B | $12.44B | $12.28B | $8.99B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $3.06B | $1.80B | $2.53B | $1.66B | $4.03B | $1.38B | $1.32B | $482.2M | $487.8M | $437.3M |
| Total assets | $21.24B | $21.85B | $23.66B | $24.96B | $28.18B | $23.57B | $20.60B | $19.41B | $19.08B | $15.67B |
| Liabilities | ||||||||||
| Accounts payable | $2.16B | $2.44B | $2.30B | $2.34B | $3.42B | $2.45B | $2.09B | $2.23B | $2.02B | $1.64B |
| Short-term debt | $1.29B | $627.0M | $1.20B | $2.22B | $2.36B | $1.5M | $481.7M | $378.6M | $982.8M | $12.1M |
| Deferred revenue | $27.3M | $31.3M | $31.7M | $29.6M | $35.0M | $108.7M | $108.9M | $98.6M | $98.9M | $81.9M |
| Total current liabilities | $5.25B | $4.92B | $5.88B | $6.57B | $8.77B | $4.56B | $4.41B | $3.95B | $4.36B | $2.81B |
| Long-term debt | $4.70B | $5.60B | $6.10B | $5.35B | $4.35B | $4.25B | $3.18B | $3.82B | $2.84B | $3.82B |
| Lease obligations | $133.1M | $126.6M | $127.7M | $114.1M | $118.9M | $138.8M | $141.3M | — | — | — |
| Other long-term liabilities | $2.24B | $2.61B | $2.62B | $3.33B | $3.47B | $3.70B | $3.87B | $3.76B | $3.58B | $2.67B |
| Total liabilities | $12.19B | $13.13B | $14.61B | $15.25B | $16.59B | $12.50B | $11.45B | $11.53B | $10.78B | $9.30B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $5.09B | $5.22B |
| Retained earnings (deficit) | $8.24B | $8.34B | $8.54B | $9.33B | $8.74B | $7.55B | $6.77B | $6.22B | $5.99B | $5.13B |
| Treasury stock | — | — | — | −$3.00B | −$1.37B | −$1.55B | −$2.18B | −$2.37B | −$1.92B | −$2.03B |
| Accumulated other comprehensive income | −$1.97B | −$2.32B | −$2.07B | −$2.12B | −$1.85B | −$1.71B | −$1.88B | −$1.81B | −$1.59B | −$1.92B |
| Minority interest | $0 | $0 | $0 | $2.1M | $1.9M | $6.8M | $5.9M | $3.7M | $2.8M | $6.6M |
| Total shareholders' equity | $9.05B | $8.72B | $9.06B | $9.71B | $11.59B | $11.07B | $9.14B | $7.88B | $8.30B | $6.35B |
| Key figures | ||||||||||
| Total debt | $6.00B | $6.59B | $7.30B | $7.57B | $6.71B | $4.25B | $3.66B | $4.20B | $3.83B | $3.83B |
| Net cash (debt) | −$5.72B | −$6.30B | −$6.86B | −$7.18B | −$6.57B | −$2.87B | −$3.36B | −$3.89B | −$3.19B | −$2.70B |
| Working capital | $733.3M | $1.46B | $1.13B | $1.41B | −$241.0M | $1.48B | $50.9M | $618.6M | $204.3M | $1.98B |
| Tangible book value | −$1.32B | −$2.92B | −$2.89B | −$3.27B | −$1.70B | −$3.03B | −$3.72B | −$4.56B | −$3.99B | −$2.64B |
| Book value per share | $59.52 | $57.63 | $60.47 | $62.04 | $70.24 | $68.13 | $58.42 | $51.94 | $54.43 | $42.86 |
| Shares outstanding | 152.1M | 151.3M | 149.8M | 156.6M | 165.0M | 162.4M | 156.4M | 151.6M | 152.4M | 148.2M |
| Current ratio | 1.14 | 1.30 | 1.19 | 1.21 | 0.97 | 1.32 | 1.01 | 1.16 | 1.05 | 1.71 |
| Quick ratio | 0.23 | 0.29 | 0.30 | 0.25 | 0.19 | 0.63 | 0.40 | 0.49 | 0.52 | 0.87 |
| Debt / equity | 0.66 | 0.76 | 0.81 | 0.78 | 0.58 | 0.38 | 0.40 | 0.53 | 0.46 | 0.60 |
| Equity / assets | 42.6% | 39.9% | 38.3% | 38.9% | 41.1% | 47.0% | 44.4% | 40.6% | 43.5% | 40.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $592.4M | $333.7M | $280.1M | $268.3M | $311.8M | $344.8M | $290.5M | $298.7M | $318.5M | $478.1M | $449.4M | $347.8M |
| Cash & equivalents | $592.4M | $333.7M | $280.1M | $268.3M | $311.8M | $344.8M | $290.5M | $298.7M | $318.5M | $478.1M | $449.4M | $347.8M |
| Receivables | $1.47B | $1.44B | $919.7M | $1.42B | $1.54B | $1.57B | $1.15B | $1.50B | $1.51B | $1.71B | $1.30B | $1.62B |
| Inventory | $3.90B | $4.06B | $4.16B | $4.44B | $4.64B | $4.71B | $4.54B | $4.63B | $4.56B | $4.69B | $4.74B | $4.98B |
| Other current assets | $383.8M | $675.7M | $622.1M | $370.1M | $384.6M | $391.2M | $397.1M | $399.1M | $392.0M | $540.5M | $527.3M | $430.3M |
| Total current assets | $6.34B | $6.51B | $5.98B | $6.50B | $6.88B | $7.01B | $6.38B | $6.83B | $6.79B | $7.42B | $7.02B | $7.38B |
| Property, plant & equipment (net) | $1.71B | $1.76B | $1.83B | $1.97B | $2.03B | $2.01B | $2.03B | $2.06B | $2.08B | $2.61B | $2.17B | $2.20B |
| Goodwill & intangible assets | $10.29B | $10.33B | $10.38B | $11.56B | $11.73B | $11.65B | $11.64B | $11.79B | $11.80B | $11.86B | $11.95B | $12.67B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.75B | $3.00B | $3.06B | $1.73B | $1.85B | $1.83B | $1.80B | $1.80B | $1.79B | $1.97B | $2.53B | $1.85B |
| Total assets | $20.09B | $21.60B | $21.24B | $21.75B | $22.49B | $22.50B | $21.85B | $22.48B | $22.45B | $23.85B | $23.66B | $24.10B |
| Liabilities | ||||||||||||
| Accounts payable | $2.42B | $2.22B | $2.16B | $2.16B | $2.50B | $2.53B | $2.44B | $2.41B | $2.45B | $2.34B | $2.30B | $2.25B |
| Short-term debt | $53.7M | $1.80B | $1.29B | $1.35B | $1.07B | $1.98B | $627.0M | $887.6M | $992.5M | $1.88B | $1.20B | $1.50B |
| Deferred revenue | — | — | $27.3M | — | — | — | $31.3M | −$500.2M | — | — | $31.7M | — |
| Total current liabilities | $4.43B | $5.72B | $5.25B | $5.86B | $6.59B | $6.35B | $4.92B | $5.29B | $5.34B | $6.83B | $5.88B | $5.66B |
| Long-term debt | $4.70B | $4.70B | $4.70B | $4.70B | $4.76B | $4.76B | $5.60B | $5.60B | $5.60B | $5.60B | $6.10B | $6.10B |
| Lease obligations | — | — | $133.1M | — | — | — | $126.6M | — | — | — | $127.7M | — |
| Other long-term liabilities | $2.00B | $2.20B | $2.24B | $2.21B | $2.08B | $2.55B | $2.61B | $2.73B | $2.79B | $2.55B | $2.62B | $3.01B |
| Total liabilities | $11.13B | $12.62B | $12.19B | $12.78B | $13.43B | $13.65B | $13.13B | $13.62B | $13.73B | $14.98B | $14.61B | $14.77B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M | $442.3M |
| Retained earnings (deficit) | $8.41B | $8.18B | $8.24B | $8.21B | $8.29B | $8.31B | $8.34B | $8.27B | $8.30B | $8.44B | $8.54B | $8.97B |
| Accumulated other comprehensive income | −$2.02B | −$2.00B | −$1.97B | −$2.01B | −$1.98B | −$2.19B | −$2.32B | −$2.10B | −$2.23B | −$2.19B | −$2.07B | −$2.21B |
| Minority interest | — | — | $0 | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $8.96B | $8.98B | $9.05B | $8.98B | $9.06B | $8.84B | $8.72B | $8.86B | $8.72B | $8.88B | $9.06B | $9.33B |
| Key figures | ||||||||||||
| Total debt | $4.76B | $6.50B | $6.00B | $6.06B | $5.83B | $6.74B | $6.23B | $6.49B | $6.59B | $7.49B | $7.30B | $7.60B |
| Net cash (debt) | −$4.17B | −$6.17B | −$5.72B | −$5.79B | −$5.52B | −$6.39B | −$5.94B | −$6.19B | −$6.28B | −$7.01B | −$6.86B | −$7.25B |
| Working capital | $1.91B | $790.2M | $733.3M | $638.1M | $285.7M | $660.4M | $1.46B | $1.54B | $1.44B | $591.4M | $1.13B | $1.72B |
| Tangible book value | −$1.33B | −$1.35B | −$1.32B | −$2.58B | −$2.67B | −$2.81B | −$2.92B | −$2.93B | −$3.08B | −$2.98B | −$2.89B | −$3.34B |
| Book value per share | $58.79 | $58.91 | $59.52 | $59.08 | $59.73 | $58.28 | $57.48 | $58.49 | $57.99 | $58.81 | $60.40 | $61.96 |
| Shares outstanding | 152.4M | 152.4M | 152.1M | 152.0M | 151.7M | 151.7M | 151.7M | 151.5M | 150.4M | 150.9M | 149.9M | 150.5M |
| Current ratio | 1.43 | 1.14 | 1.14 | 1.11 | 1.04 | 1.10 | 1.30 | 1.29 | 1.27 | 1.09 | 1.19 | 1.30 |
| Quick ratio | 0.47 | 0.31 | 0.23 | 0.29 | 0.28 | 0.30 | 0.29 | 0.34 | 0.34 | 0.32 | 0.30 | 0.35 |
| Debt / equity | 0.53 | 0.72 | 0.66 | 0.67 | 0.64 | 0.76 | 0.71 | 0.73 | 0.76 | 0.84 | 0.81 | 0.81 |
| Equity / assets | 44.6% | 41.6% | 42.6% | 41.3% | 40.3% | 39.3% | 39.9% | 39.4% | 38.8% | 37.2% | 38.3% | 38.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
SWK financial position
At the end of fiscal 2025 (December 31, 2025), Stanley Black & Decker had total assets of $21.2 billion (down 2.8% from a year earlier), total liabilities of $12.2 billion and shareholders' equity of $9.1 billion. It held $280.1 million in cash and short-term investments against $6.0 billion of debt, net debt of $5.7 billion. Its current ratio was 1.14. In the latest quarter (ended June 30, 2026) total assets were $20.1 billion and equity $9.0 billion.
Related: SWK income statement, SWK cash flow statement, SWK key metrics. See the SWK stock overview for the latest quote and news.
SWK balance sheet FAQ
What are Stanley Black & Decker's total assets?
Stanley Black & Decker reported total assets of $21.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $21.8 billion a year earlier.
How much debt does Stanley Black & Decker have?
Stanley Black & Decker had $6.0 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.66.
How much cash does Stanley Black & Decker have?
Stanley Black & Decker held $280.1 million in cash and short-term investments at the end of fiscal 2025; with $6.0 billion of debt that is net debt of $5.7 billion.
What is Stanley Black & Decker's book value?
Stanley Black & Decker's shareholders' equity (book value) was $9.1 billion at the end of fiscal 2025, or $59.52 per share.
What is Stanley Black & Decker's current ratio?
Stanley Black & Decker had current assets of $6.0 billion and current liabilities of $5.2 billion, a current ratio of 1.14 (it can cover its short-term obligations).
How much goodwill does Stanley Black & Decker have?
Stanley Black & Decker carried $10.4 billion of goodwill and intangible assets, 48.8% of total assets, at the end of fiscal 2025.