STANLEY BLACK & DECKER, INC. (SWK)

Stanley Black & Decker, Inc. is a global provider of hand tools, power tools, outdoor products and related accessories, and a leading provider of engineered fastening solutions. It was founded in 1843 and incorporated in Connecticut in 1852, and it took its current name after the March 2010 merger with The Black & Decker Corporation. Consolidated revenues were $15.1 billion in 2025. The company has reshaped its portfolio through divestitures: the Convergent Security Solutions, Mechanical Access Solutions and Oil & Gas businesses in 2022, and the Infrastructure business in April 2024. In December 2025 it agreed to sell its Consolidated Aerospace Manufacturing business for $1.8 billion in cash. It also completed a Global Cost Reduction Program that generated about $2.1 billion of pre-tax run-rate savings.

The company operates two reportable segments. Tools & Outdoor generated $13.2 billion, or 87% of 2025 revenues, and includes the Power Tools Group, Hand Tools, Accessories & Storage, and Outdoor Power Equipment product lines. Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and CUB CADET. Products include professional and consumer power tools, hand tools, power tool accessories, storage products, and corded, cordless and gas-powered lawn and garden equipment. Engineered Fastening generated $2.0 billion, or 13% of revenues. It sells highly engineered, application-specific components such as threaded fasteners, blind rivets and inserts, weld studs, self-piercing riveting systems, structural fasteners, latches, pins and couplings. Research and development spending was $321.4 million in 2025, with an emphasis on electrification.

About 62% of 2025 revenues came from the United States, 16% from Europe, 13% from emerging markets and 4% from Canada. Tools & Outdoor sells to professional end users, distributors, independent dealers, retail consumers and industrial customers. Most sales go through home centers, mass merchants, hardware stores, lumber yards, third-party distributors, dealers and a direct sales force. The Home Depot accounted for about 15% of consolidated net sales in 2025 and Lowe's for about 12%. Engineered Fastening serves automotive, manufacturing, electronics, construction and aerospace customers, mainly through a direct sales force and to a lesser extent through distributors.

Products are made from resins and metals such as steel, zinc, copper, brass, aluminum and nickel. The company also buys components such as batteries, motors, engines, transmissions and electronics. These materials are sourced globally from multiple suppliers, and the company has a supplier risk mitigation strategy. It competes with larger and smaller companies on innovation, product quality, brands, customer service and breadth of product lines, and faces private-label house brands from large retailers. It had about 43,500 employees in 59 countries as of January 3, 2026. Its principal executive office is at 1000 Stanley Drive, New Britain, Connecticut.