Stanley Black & Decker

Stanley Black & Decker (SWK) Q4 2025 Earnings

Reported Feb 4, 2026 at 6:05 AM ET · SEC Source

Q4 25 EPS

$1.41

BEAT +9.92%

Est. $1.28

Q4 25 Revenue

$3.68B

MISS 2.53%

Est. $3.78B

vs S&P Since Q4 25

+6.4%

BEATING MARKET

SWK +14.9% vs S&P +8.5%

Full Year 2025 Results

FY 25 EPS

$4.67

BEAT +2.73%

Est. $4.55

FY 25 Revenue

$15.13B

MISS 0.78%

Est. $15.25B

Market Reaction

Did SWK Beat Earnings? Q4 2025 Results

Stanley Black & Decker delivered a margin-driven quarter in Q4 2025, posting adjusted EPS of $1.41 against a consensus estimate of $1.28, a beat of roughly 9.92%, even as revenue of $3.68 billion fell short of the $3.78 billion analysts had anticipat… Read more Stanley Black & Decker delivered a margin-driven quarter in Q4 2025, posting adjusted EPS of $1.41 against a consensus estimate of $1.28, a beat of roughly 9.92%, even as revenue of $3.68 billion fell short of the $3.78 billion analysts had anticipated and edged down 1.0% year over year. The story behind the earnings beat was disciplined cost execution, with gross margin expanding 240 basis points to 33.2%, the strongest quarterly margin performance of the year, as the company's Global Cost Reduction Program hit its original $2.10 billion cumulative savings target. A 7% volume decline, concentrated in North American retail power tools, weighed on the top line despite a 4% pricing contribution and 2% currency tailwinds. A pending $1.80 billion divestiture of Consolidated Aerospace Manufacturing adds a meaningful balance sheet catalyst heading into 2026, when management projects adjusted EPS of $4.90 to $5.70 and free cash flow of $700 million to $900 million, though Goldman Sachs, while raising its price target, flagged that the profit outlook trails broader Wall Street expectations.

Key Takeaways

  • Higher pricing (+4%) partially offsetting volume declines (-7%)
  • Supply chain cost reductions and tariff mitigation driving gross margin expansion of 240 basis points
  • Global Cost Reduction Program achieved $2.1 billion cumulative pre-tax run-rate savings target
  • Strong working capital improvements driving Q4 cash flow
  • Strong aerospace and automotive demand driving Engineered Fastening organic growth of 8%
  • Disciplined and targeted SG&A cost management reducing SG&A as a percentage of sales by 120 basis points
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SWK YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

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SWK Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Stanley Black & Decker delivered solid results across our key focus areas in 2025, with continued gross margin and net income growth, strong free cash flow, a strengthened balance sheet, and strategic investments focused on driving sustainable, profitable growth. I would like to thank our team for their resilience and commitment to serving our customers and achieving these results despite the dynamic environment.”

— Chris Nelson, Q4 2025 Earnings Press Release