Stanley Black & Decker, Inc. (SWK) Income Statement
SWK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSWK revenue and net income
Where SWK's revenue goes
2025Each bar shows an amount and its share of revenue. SWK kept 2.7% of revenue as net income.
SWK profit margins
SWK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.5% | −3.7% | +0.8% | +3.1% |
| Gross profit | −1.8% | +3.3% | −1.9% | +1.2% |
| Operating income | −14.6% | +8.1% | −4.8% | −2.8% |
| Net income | +40.4% | −27.7% | −20.1% | −7.6% |
| EPS (diluted) | +7.1% | +1.0% | −12.3% | −2.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SWK quarterly EPS vs estimates
Stanley Black & Decker beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.55).
SWK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.13B | $15.37B | $15.78B | $16.95B | $15.28B | $14.53B | $12.91B | $13.98B | $12.97B | $11.41B |
| Cost of revenue | $10.61B | $10.76B | $11.68B | $12.84B | $10.20B | $9.57B | $8.64B | $9.08B | $8.13B | $7.12B |
| Gross profit | $4.52B | $4.60B | $4.10B | $4.10B | $5.08B | $4.97B | $4.27B | $4.90B | $4.83B | $4.29B |
| Research & development | — | $328.8M | $362.0M | $357.4M | $276.3M | $200.0M | $240.8M | $275.8M | $252.3M | $204.4M |
| Sales, general & admin | $3.25B | $3.12B | $2.83B | $3.22B | $3.00B | $3.09B | $2.94B | $3.06B | $2.85B | $2.49B |
| Total operating expenses | $3.36B | $3.25B | $3.19B | $3.19B | $3.01B | $3.40B | $2.50B | $3.01B | $2.96B | $2.62B |
| Operating income | $1.15B | $1.35B | $908.8M | $913.7M | $2.07B | $1.47B | $1.77B | $1.89B | $1.87B | $1.67B |
| Interest income | $317.9M | $179.1M | $165.2M | $283.8M | $175.6M | $205.1M | $53.9M | $68.7M | $40.1M | $23.2M |
| Interest expense | $464.8M | $498.6M | $559.4M | $338.5M | $185.4M | $223.1M | $284.3M | $277.9M | $222.6M | $194.5M |
| Income before taxes | $417.9M | $241.1M | −$375.7M | $37.9M | $1.61B | $1.27B | $1.08B | $1.02B | $1.53B | $1.23B |
| Income taxes | $16.0M | −$45.2M | −$94.0M | −$132.4M | $55.1M | $41.4M | $126.8M | $416.3M | $300.9M | $261.2M |
| Net income | $401.9M | $286.3M | −$281.7M | $1.06B | $1.69B | $1.23B | $957.5M | $605.2M | $1.23B | $965.3M |
| EBITDA | $1.27B | $1.32B | $802.7M | $942.8M | $2.35B | $2.24B | $1.92B | $1.79B | $2.20B | $1.81B |
| EPS (diluted) | $4.67 | $4.36 | $1.45 | $4.53 | $11.12 | $8.98 | $8.39 | $8.15 | $7.43 | $6.51 |
| Gross margin | 29.9% | 29.9% | 26.0% | 24.2% | 33.2% | 34.2% | 33.1% | 35.0% | 37.3% | 37.6% |
| Operating margin | 7.6% | 8.8% | 5.8% | 5.4% | 13.5% | 10.1% | 13.7% | 13.5% | 14.4% | 14.6% |
| Net margin | 2.7% | 1.9% | −1.8% | 6.3% | 11.1% | 8.5% | 7.4% | 4.3% | 9.5% | 8.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.96B | $3.85B | $3.68B | $3.76B | $3.95B | $3.74B | $3.72B | $3.75B | $4.02B | $3.87B | $3.74B | $3.95B |
| Cost of revenue | $2.65B | $2.69B | $2.46B | $2.60B | $2.90B | $2.64B | $2.56B | $2.61B | $2.85B | $2.78B | $2.31B | $2.92B |
| Gross profit | $1.31B | $1.16B | $1.22B | $1.15B | $1.04B | $1.10B | $1.16B | $1.15B | $1.17B | $1.09B | $1.43B | $1.03B |
| Research & development | — | — | — | — | — | — | — | — | — | — | $362.0M | — |
| Sales, general & admin | $944.1M | $877.7M | $793.9M | $789.7M | $820.5M | $852.5M | $842.7M | $790.0M | $825.8M | $852.0M | $686.1M | $794.3M |
| Total operating expenses | $997.0M | $925.9M | $855.1M | $786.9M | $820.5M | $845.0M | $836.7M | $782.0M | $801.0M | $831.7M | $810.1M | $764.9M |
| Operating income | $308.8M | $231.4M | $366.8M | $364.5M | $223.5M | $255.5M | $323.6M | $363.9M | $373.6M | $260.7M | $617.7M | $264.2M |
| Interest income | $37.1M | $37.2M | $81.4M | $50.0M | $80.2M | $49.2M | $39.8M | $52.8M | $42.9M | $43.6M | $51.7M | $94.4M |
| Interest expense | $59.3M | $113.1M | $81.4M | $127.9M | $129.1M | $126.4M | $114.4M | $131.4M | $121.3M | $131.5M | $139.3M | $144.6M |
| Income before taxes | $499.0M | $84.8M | $228.0M | $35.6M | $26.7M | $127.6M | $125.4M | $89.5M | −$22.1M | $48.3M | −$78.8M | −$57.0M |
| Income taxes | $147.7M | $25.2M | $69.8M | −$15.8M | −$75.2M | $37.2M | −$69.5M | −$1.6M | −$2.9M | $28.8M | $197.3M | −$61.7M |
| Net income | $351.3M | $59.6M | $158.2M | $51.4M | $101.9M | $90.4M | $194.9M | $91.1M | −$19.2M | $19.5M | −$276.1M | $4.7M |
| EBITDA | $438.2M | $245.1M | $433.1M | $293.7M | $285.1M | $380.7M | $377.9M | $374.1M | $252.6M | $318.5M | $207.4M | $237.2M |
| EPS (diluted) | $1.57 | $0.80 | $1.41 | $1.43 | $1.08 | $0.75 | $1.49 | $1.22 | $1.09 | $0.56 | $0.92 | $1.05 |
| Gross margin | 33.0% | 30.1% | 33.2% | 30.7% | 26.5% | 29.4% | 31.2% | 30.5% | 29.2% | 28.2% | 38.2% | 26.0% |
| Operating margin | 7.8% | 6.0% | 10.0% | 9.7% | 5.7% | 6.8% | 8.7% | 9.7% | 9.3% | 6.7% | 16.5% | 6.7% |
| Net margin | 8.9% | 1.5% | 4.3% | 1.4% | 2.6% | 2.4% | 5.2% | 2.4% | −0.5% | 0.5% | −7.4% | 0.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SWK's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SWK financial results
In fiscal year 2025 (ended December 31, 2025), Stanley Black & Decker reported revenue of $15.1 billion, down 1.5% from the year before. It had net income of $401.9 million (up 40.4%), a net profit margin of 2.7%. Diluted earnings per share came to $4.67. Over five years revenue grew at an average rate of 0.8% a year.
See the SWK stock overview for the latest quote and news, or the SWK chart for price history and technical indicators.
SWK income statement FAQ
What is Stanley Black & Decker's annual revenue?
Stanley Black & Decker reported total revenue of $15.1 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.5% from $15.4 billion the previous year.
Is Stanley Black & Decker profitable?
Yes. Stanley Black & Decker reported net income of $401.9 million in fiscal 2025, a net profit margin of 2.7%; its operating margin was 7.6%.
What is Stanley Black & Decker's gross margin?
Stanley Black & Decker's gross margin was 29.9% in fiscal 2025: for every $100 of revenue, Stanley Black & Decker kept $30 after the direct cost of its products and services.
How fast is Stanley Black & Decker growing?
Revenue grew 0.8% a year on average over the last five fiscal years, from $14.5 billion to $15.1 billion.
What are Stanley Black & Decker's earnings per share?
Stanley Black & Decker earned $4.67 per diluted share in fiscal 2025, compared with $4.36 a year earlier.
When will Stanley Black & Decker report its next earnings?
Stanley Black & Decker is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Stanley Black & Decker's fiscal year end?
Stanley Black & Decker's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.