Stanley Black & Decker (NYSE:SWK) Announces Quarterly Earnings Results

Posted by Francis Steltz on Nov 4th, 2026

Stanley Black & Decker (NYSE:SWK – Get Free Report) issued its quarterly earnings results on Wednesday. The industrial products company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.76, FiscalAI reports. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%. The company had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.74 billion.

Here are the key takeaways from Stanley Black & Decker’s conference call:

Third-quarter organic revenue grew 4%, led by 7% volume growth in Tools & Outdoor, with DEWALT, STANLEY, and CRAFTSMAN all growing. Power tools rose 10%, while North American commercial and industrial revenue increased by a mid-teens percentage.
Stanley Black & Decker raised full-year adjusted EPS guidance to $5.95–$6.25 and free cash flow guidance to $1.0–$1.2 billion. However, the EPS outlook includes a $0.60 net benefit from tariff refunds, and the company said it has received most refunds available through the current process.
Results included substantial temporary tariff-refund support: refunds contributed $0.67 to third-quarter EPS and about 430 basis points to adjusted gross margin. Management expects meaningful materials inflation in 2027 and plans to address it with productivity measures and price increases, which may be challenging to execute.
Performance was uneven across businesses: Outdoor organic revenue fell 12% amid weather-related weakness, and Engineered Fastening’s automotive revenue declined 2% as customers grew more cautious. The company also expects automotive softness and inflation to weigh on Engineered Fastening margins.
Free cash flow was about $836 million year to date, and the company repurchased roughly $250 million of shares in the quarter, completing its prior authorization. The board approved a new $1 billion repurchase authorization, while management said it remains on track for year-end net debt to adjusted EBITDA of around 2.5x.

Stanley Black & Decker Trading Up 13.3%

Shares of SWK traded up $13.89 during mid-day trading on Wednesday, reaching $118.51. The company had a trading volume of 4,971,526 shares, compared to its average volume of 1,836,125. The stock has a market cap of $17.90 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.58 and a beta of 1.15. The firm has a fifty day simple moving average of $93.69 and a 200-day simple moving average of $85.83. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $122.68. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.84 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $3.36 dividend on an annualized basis and a yield of 2.8%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 81.95%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SWK. Mizuho lowered their price objective on Stanley Black & Decker from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft increased their target price on Stanley Black & Decker from $93.00 to $97.00 and gave the stock a “hold” rating in a research report on Wednesday, September 30th. Wells Fargo & Company decreased their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Wall Street Zen cut Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 24th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $93.00 price target (up from $82.00) on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus price target of $94.82.

Check Out Our Latest Report on Stanley Black & Decker

Stanley Black & Decker News Roundup

Here are the key news stories impacting Stanley Black & Decker this week:

Positive Sentiment: Q3 adjusted earnings were $2.31 per share, well above analysts’ roughly $1.54–$1.55 estimate and up from $1.43 a year earlier. Margin expansion and additional tariff refunds helped drive the earnings increase. Article: SWK’s Q3 Earnings Surge on Margin Expansion, 2026 Outlook Raised
Positive Sentiment: Management raised its 2026 earnings and free-cash-flow guidance, citing the benefit of tariff refunds as well as continued progress in organic growth and margins. Article: Stanley Black & Decker Reports 3Q 2026 Results
Positive Sentiment: The company said it completed $250 million in share repurchases during the quarter and authorized an additional $1 billion program, signaling confidence and potentially supporting per-share results. Article: Stanley Black & Decker Reports 3Q 2026 Results
Neutral Sentiment: Trading in SWK call options surged well above its recent average, suggesting heightened investor interest but not necessarily a reliable signal of future performance.
Negative Sentiment: Quarterly revenue of $3.73 billion was slightly below the $3.74 billion consensus. The company also flagged rising steel and component costs and signaled 2027 price increases, highlighting cost pressures that could challenge demand or margins. Article: Stanley Black & Decker Signals 2027 Price Hikes As Steel, Component Costs Surge

Stanley Black & Decker Company Profile

(Get Free Report)

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.