One-glance verdict
$63.98 our estimate vs market $90.31
Wall Street consensus: $90.18 (41.0% higher than our fair-value estimate)
41% above our estimate
Fundamentals snapshot
SWK · NYQ · Industrials · Tools & Accessories
Current price
$90.31
52-week range
$61.90 - $95.16
Market cap
$14.04B
One-glance verdict
Wall Street consensus: $90.18 (41.0% higher than our fair-value estimate)
41% above our estimate
Balance sheet
Net debt $6.63B. Interest coverage shows how many times profit covers the interest bill.
What stands out
What this company does
Stanley Black & Decker makes power tools, hand tools, and outdoor equipment under familiar brands like DEWALT, CRAFTSMAN, and BLACK+DECKER. The company earns most of its money selling these products to both professional contractors and everyday consumers for home improvement and construction projects. Since sales often rise and fall with the number of new homes being built and renovated, the company's performance can be an indicator of the health of the housing market.
Today's company was formed when two American tool giants merged in 2010: The Stanley Works and Black & Decker. The Stanley Works started back in 1843 as a simple bolt and hardware maker in Connecticut. Black & Decker was founded in a small Maryland machine shop in 1910, and a few years later it invented the world's first portable electric drill with a pistol grip and trigger, setting the stage for the modern power tool industry. Both companies grew by inventing new tools, buying other brands, and expanding around the world before finally joining forces.
Stanley Black & Decker makes the tools and equipment used to build and repair things in your home and garden, as well as heavy-duty products for professional construction and manufacturing. You've likely seen their well-known brands like DEWALT, CRAFTSMAN, and BLACK+DECKER in stores. Their products range from power drills, saws, and lawn mowers to the tiny, specialized fasteners that hold cars and airplanes together. They sell these items everywhere from big retailers and home centers to industrial suppliers that serve factories and aerospace companies.
This is the company's largest and most recognizable business, making up the vast majority of its sales. It includes a huge variety of power tools, hand tools, and outdoor equipment from iconic brands like DEWALT, STANLEY, and CRAFTSMAN. This segment serves everyone from professional contractors buying high-performance drills and saws to homeowners picking up a new lawn mower, leaf blower, or toolbox. The company organizes its brands to appeal to different users, with DEWALT aimed at professionals and BLACK+DECKER focused more on everyday household use.
This smaller but important part of the company focuses on creating highly specialized fastening systems, not for your home toolbox, but for major industries. Think of the specific rivets, bolts, and engineered fasteners needed to assemble cars, airplanes, and electronics. This segment works directly with large manufacturers in automotive, aerospace, and other fields to design and supply the exact components they need for their production lines. For example, a huge number of cars and trucks in North America and Europe use the company's fasteners in their construction.
The company's current focus is on becoming more efficient and profitable by simplifying its operations and lowering costs. Management has been streamlining its supply chain (the network for producing and delivering goods) and reducing the number of products it offers to focus on its most successful core brands. They are also investing heavily in innovation, especially in cordless electric tools and outdoor equipment, to meet growing demand from both professionals and homeowners. A key goal is to improve the company's margins (the profit made on each dollar of sales) and generate more predictable earnings.
Price history
Earnings history
Click any quarter to read the call summary and what the numbers say.
Is it cheap or expensive?
Wall Street consensus is the average analyst price target: $90.18 (41.0% higher than our fair-value estimate).
Our most-likely fair value is $63.98 a share — about 29.1% away from today's price of $90.31, so the stock currently looks fairly priced.
Is it drowning in debt?
Net debt $6.6B. Interest coverage 2.4x.
Stanley Black & Decker, Inc.'s profit covers its interest bill about 2.4 times over. which is weaker than most peers shown here.
Total debt $6.97B Interest coverage 2.43x This is the baseline the peer rows are being compared against.
Total debt $1.30B Interest coverage 26.29x +981% vs SWK Carries about 10.8x more debt cushion than SWK.
Total debt $1.76B Interest coverage 13.83x +469% vs SWK Carries about 5.7x more debt cushion than SWK.
Total debt $14.67M Interest coverage 29.21x +1,101% vs SWK Carries about 12.0x more debt cushion than SWK.
Total debt $9.15B Interest coverage 14.44x +494% vs SWK Carries about 5.9x more debt cushion than SWK.
Total debt $1.36B Interest coverage 14.28x +487% vs SWK Carries about 5.9x more debt cushion than SWK.
What you should know
The numbers
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Valuation
Profitability
Health
Growth
Cash flow
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Metric explainer
Debt comparison
What you should know