Stanley Black & Decker (SWK) FY2025 results: revenue $15.1 billion, down 1.5% on the year

Stanley Black & Decker was founded in 1843 by Frederick T. Stanley and incorporated in Connecticut in 1852, and took its present name after the March 2010 merger with The Black & Decker Corporation. It supplies hand tools, power tools, outdoor products and related accessories, along with engineered fastening solutions, from its base in New Britain, Connecticut. Approximately 62% of 2025 revenues came from the United States, with Europe at 16%, emerging markets at 13% and Canada at 4%. There are two reportable segments, Tools and Outdoor and Engineered Fastening, the latter renamed from Industrial in the first quarter of 2025 after a run of disposals.

Tools and Outdoor

The segment was 87% of total revenues in 2025 and holds the DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and CUB CADET brands across three product lines. The Power Tools Group sells professional corded and cordless power tools and equipment, mainly under DEWALT, including drills, impact wrenches and drivers, grinders, saws, routers, sanders and concrete prep and placement tools, plus pneumatic tools and fasteners such as nail guns, staplers and masonry anchors, while do-it-yourself and tradesperson products run under CRAFTSMAN and STANLEY and household power tools, hand-held vacuums and small appliances under BLACK+DECKER. Hand Tools, Accessories and Storage sells measuring, levelling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, material handling and automotive tools, along with drill and screwdriver bits, router bits, abrasives, saw blades and threading products, and tool boxes, sawhorses and cabinets. Outdoor Power Equipment sells corded and cordless lawn and garden products such as hedge and string trimmers, mowers and pressure washers, and gas powered lawn tractors, zero turn and walk behind mowers, snow blowers and robotic mowers, under DEWALT, CRAFTSMAN, CUB CADET, BLACK+DECKER and HUSTLER.

Engineered Fastening

The segment was 13% of total revenues in 2025 and sells engineered components designed for particular applications: externally threaded fasteners, blind rivets and tools, blind inserts and tools, drawn arc weld studs and systems, engineered plastic and mechanical fasteners, self-piercing riveting systems, precision nut running systems, micro fasteners, high-strength structural fasteners, axle swage, latches, heat shields, pins and couplings. Customers sit in automotive, manufacturing, electronics, construction and aerospace, and products go out through a direct sales force and, to a lesser extent, third-party distributors.

Reshaping the portfolio

A series of disposals has narrowed the company to those two segments. In July 2022 it sold the Convergent Security Solutions business, covering commercial electronic security and healthcare, and the Mechanical Access Solutions automatic doors business, and in August 2022 the Oil and Gas pipeline services and equipment business. In April 2024 it sold the Infrastructure business of attachment and handheld hydraulic tools. In December 2025 it agreed to sell the Consolidated Aerospace Manufacturing business, and the filing states that it intends to use those proceeds to reduce debt. A business transformation begun in mid-2022 included a global cost reduction programme targeting 2.0 billion dollars of pre-tax run-rate savings across the supply chain and overheads, which the company completed at the end of 2025 with approximately 2.1 billion dollars of savings.

Customers and supply

Tools and Outdoor products reach professional end users, distributors, independent dealers, retail consumers and industrial customers, with most sales flowing through retailers including home centres, mass merchants, hardware stores and retail lumber yards, plus third-party distributors, independent dealers and a direct sales force. Retail consolidation has concentrated that exposure: The Home Depot was approximately 15% of consolidated net sales in 2025 and Lowe's approximately 12%, with no other customer above 10%. Some large customers also run house brands that compete across the segment's range. Products are made using resins and ferrous and non-ferrous metals including steel, zinc, copper, brass, aluminium and nickel, with bought-in components such as batteries, motors, engines, transmissions, electronic parts and moulded resin parts, procured globally from multiple sources.

People

At 3 January 2026 the company had approximately 43,500 employees in 59 countries, approximately 35% of them in the United States, plus approximately 6,300 temporary contractors worldwide, mostly in operations. Approximately 66% of the workforce is hourly paid, principally in manufacturing and distribution centres, and 34% salaried.

From Stanley Black & Decker's annual report on Form 10-K for the year ended 3 January 2026. The filing

Written from the 10-K filed 24 February 2026: read the full 10-K.