Jun 2026 (Q2 FY26) — Jul 29, 2026
Stanley Black & Decker Q2 FY26 - Strong Organic Growth and Margin Expansion
Read the full callStanley Black & Decker (SWK) earnings
- Jul 2026
- Jun 2026 (Q2 FY26)
- Jan 2026
Stanley Black & Decker earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,961 | +0.4% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jul 2026 | Not in the filed figures for the quarter to jul 2026. No older figure is substituted. | ||
| Net profit | 351 | +244.7% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
15 of 15 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS guidance (Q2 FY26) | $1.15-$1.25 adjusted EPS | Mar 2026 | Adjusted earnings per share were $1.57, $0.37 above the midpoint of our guidance range. | Achieved |
| Full-year adjusted EPS (FY26) | $4.90-$5.70 adjusted EPS | Dec 2025 | we are raising and tightening adjusted earnings per share to be in the range of $5.20 to $5.80, representing year-over-year growth of 18% at the midpoint and $0.20 higher than the midpoint of our prior guidance range. | Revised Up |
| Adjusted gross margin (35%+ exit-rate journey) | 35%+ adjusted gross margin exiting Q4 FY25 | Sep 2024 | we continue to have conviction in adjusted gross margin reaching the 34% to 35% range for the half year, a long-standing objective that continues to guide our efforts and priorities. | On Track |
12 of STANLEY BLACK & DECKER, INC.'s 27 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 24 more targets are in the full ledger.
Claimed
- Total revenue was up 3% organically in Q2 FY26, slightly ahead of expectations.
- Adjusted gross margin rate increased by 620 basis points year-over-year to 33.7% in Q2 FY26.
- Adjusted EBITDA margin expanded by 320 basis points year-over-year to 11.3% in Q2 FY26.
- Adjusted earnings per share reached $1.57, $0.37 above the midpoint of prior guidance.
- Debt was paid down by $1.7 billion and 3.2 million shares were repurchased for $250 million in Q2 FY26.
Qualified
- Outdoor revenue decreased 7% in Q2 FY26 due to weather-related demand softness.
- Challenging market conditions were noted in France and other parts of Europe, impacting organic revenue.
- Pockets of market softness and disruption from the Middle East partially offset growth in the Rest of the World.
- Persistent inflationary pressures from battery metals, tungsten, oil, and oil derivatives continue to be a headwind.
Price
$91.19 −1.39% · −$1.29
Performance +34.4% 1Y
1Y: $67.85 on 17 Oct 2025 → $91.19. High $104 (11 Aug 2026), low $62.12 (19 Nov 2025).
- Previous close
- $92.48
- 52-week range
- $62.12 – $104
- One year
- +31.99%
Overview
- Symbol
- SWK
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
15 of 15 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS guidance (Q2 FY26) | $1.15-$1.25 adjusted EPS | Mar 2026 | Adjusted earnings per share were $1.57, $0.37 above the midpoint of our guidance range. | Achieved |
| Full-year adjusted EPS (FY26) | $4.90-$5.70 adjusted EPS | Dec 2025 | we are raising and tightening adjusted earnings per share to be in the range of $5.20 to $5.80, representing year-over-year growth of 18% at the midpoint and $0.20 higher than the midpoint of our prior guidance range. | Revised Up |
| Adjusted gross margin (35%+ exit-rate journey) | 35%+ adjusted gross margin exiting Q4 FY25 | Sep 2024 | we continue to have conviction in adjusted gross margin reaching the 34% to 35% range for the half year, a long-standing objective that continues to guide our efforts and priorities. | On Track |
Claimed
- Total revenue was up 3% organically in Q2 FY26, slightly ahead of expectations.
- Adjusted gross margin rate increased by 620 basis points year-over-year to 33.7% in Q2 FY26.
- Adjusted EBITDA margin expanded by 320 basis points year-over-year to 11.3% in Q2 FY26.
- Adjusted earnings per share reached $1.57, $0.37 above the midpoint of prior guidance.
- Debt was paid down by $1.7 billion and 3.2 million shares were repurchased for $250 million in Q2 FY26.
Qualified
- Outdoor revenue decreased 7% in Q2 FY26 due to weather-related demand softness.
- Challenging market conditions were noted in France and other parts of Europe, impacting organic revenue.
- Pockets of market softness and disruption from the Middle East partially offset growth in the Rest of the World.
- Persistent inflationary pressures from battery metals, tungsten, oil, and oil derivatives continue to be a headwind.
The full ledger
Open STANLEY BLACK & DECKER, INC.’s full ledger
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Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
Stanley Black & Decker Q1 FY26 — Outperformance on Top and Bottom Lines, Debt Reduction, and Strategic Progress
Read the full callEvery analysed call
Stanley Black & Decker earnings calls (SWK)
Financials
What the filings say
Net profit, year on year: +245% (quarter to jul 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,751 | 3,721 | 3,745 | 3,945 | 3,756 | 3,685 | 3,846 | 3,961 |
| Expenses | 3,662 | 3,595 | 3,617 | 3,919 | 3,720 | 3,457 | 3,762 | 3,462 |
| Operating profit | 398 | — | — | — | — | — | — | — |
| Operating margin | 10.6% | — | — | — | — | — | — | — |
| Interest | 131 | 114 | 126 | 129 | 129 | 132 | 113 | 96 |
| Profit before tax | 90 | 125 | 128 | 27 | 36 | 228 | 85 | 499 |
| Tax rate | −1.8% | −55.4% | 29.1% | −281.6% | −44.4% | 30.6% | 29.7% | 29.6% |
| Net profit | 91 | 195 | 90 | 102 | 51 | 158 | 60 | 351 |
| EPS ($ per share) | 0.61 | — | 0.60 | 0.67 | 0.34 | — | 0.39 | 2.34 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 |
| Reserves | 6,216 | 6,768 | 7,542 | 8,742 | 9,333 | 8,540 | 8,343 | 8,245 |
| Total liabilities | 11,568 | 11,454 | 12,500 | 16,588 | 15,249 | 14,608 | 13,129 | 12,189 |
| Fixed assets | 1,915 | 1,960 | 1,973 | 2,337 | 2,353 | 2,170 | 2,034 | 1,832 |
| Total assets | 19,408 | 20,597 | 23,566 | 28,180 | 24,963 | 23,664 | 21,849 | 21,244 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,261 | 1,506 | 2,022 | 663 | -1,459 | 1,191 | 1,107 | 971 |
| Cash from investing | -989 | -1,209 | -1,577 | -2,624 | 3,573 | -328 | 394 | -261 |
| Cash from financing | -562 | -292 | 616 | 919 | -1,971 | -816 | -1,557 | -794 |
| Net cash flow | -344 | 3 | 1,084 | -1,103 | 110 | 50 | -162 | -5 |
| Capital expenditure | -492 | -425 | -348 | -519 | -530 | -339 | -354 | -283 |
| Free cash flow | 769 | 1,081 | 1,674 | 144 | -1,990 | 853 | 753 | 688 |
SWK revenue by segment
Tools and Outdoor grew from 87% to 90% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Tools and Outdoor | 87% | — | 88% | 88% | 87% | 86% | 87% | 90% | +3.0% |
| Engineered Fastening | — | — | 12% | 12% | 13% | 14% | 13% | 10% | -18.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2027 · share of revenue
- US 61% ↓ 1 pt
- Europe 21% ↑ 2 pt
- Asia 8%
- Other Americas 6%
- CA 4%
As SWK cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
110 filings between Nov 6, 2025 and Sep 22, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$917.9K
2 sales by 2 insiders
Compensation
not trading decisions- 48
- Award — granted as compensation
- 29
- Option exercise — converted options into shares
- 31
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Link Janet | — | $812.8K | Nov 6, 2025 |
| Greulach Scot | — | $105.2K | Aug 7, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 22, 2026 | Crew Debra Ann Director | Award | 137 | $12.5K |
| Sep 22, 2026 | Mitchell Adrian V Director | Award | 114 | $10.4K |
| Sep 22, 2026 | Crew Debra Ann Director | Award | 141 | $12.8K |
| Sep 22, 2026 | GARRISON JOHN L JR Director | Award | 56 | $5.1K |
| Sep 22, 2026 | Hankin Michael David Director | Award | 138 | $12.6K |
| Sep 22, 2026 | OKelly Shane M Director | Award | 24 | $2.2K |
| Sep 22, 2026 | Laschinger Mary A Director | Award | 24 | $2.2K |
| Sep 22, 2026 | Palmieri Jane Director | Award | 122 | $11.2K |
| Sep 22, 2026 | CARTER SUSAN K Director | Award | 77 | $7.1K |
| Aug 7, 2026 | Greulach Scot Chief Accounting Officer | Sale | 1,015 | $105.2K |
| Jul 5, 2026 | Allan Donald Executive Chair | Tax withheld | 875 | $80.1K |
| Jul 5, 2026 | Allan Donald Executive Chair | Option exercise | 2,001 | — |
| Jun 29, 2026 | Nelson Christopher John Pres., Chief Executive Officer | Tax withheld | 8,779 | $804.8K |
| Jun 29, 2026 | Nelson Christopher John Pres., Chief Executive Officer | Tax withheld | 1,437 | $131.7K |
| Jun 29, 2026 | Nelson Christopher John Pres., Chief Executive Officer | Option exercise | 19,639 | — |
| Jun 29, 2026 | Nelson Christopher John Pres., Chief Executive Officer | Option exercise | 3,214 | — |
| Jun 23, 2026 | Crew Debra Ann Director | Award | 147 | $12.5K |
| Jun 23, 2026 | Crew Debra Ann Director | Award | 133 | $11.2K |
| Jun 23, 2026 | Hankin Michael David Director | Award | 146 | $12.3K |
| Jun 23, 2026 | GARRISON JOHN L JR Director | Award | 59 | $5.0K |
| Jun 23, 2026 | CARTER SUSAN K Director | Award | 82 | $6.9K |
| Jun 23, 2026 | OKelly Shane M Director | Award | 26 | $2.2K |
| Jun 23, 2026 | Laschinger Mary A Director | Award | 26 | $2.2K |
| Jun 23, 2026 | Palmieri Jane Director | Award | 129 | $10.9K |
| Jun 23, 2026 | Mitchell Adrian V Director | Award | 120 | $10.2K |
| May 4, 2026 | OKelly Shane M Director | Award | 2,603 | $0 |
| May 4, 2026 | Palmieri Jane Director | Award | 2,603 | $0 |
| May 4, 2026 | Laschinger Mary A Director | Award | 2,603 | $0 |
| May 4, 2026 | Crew Debra Ann Director | Award | 2,603 | $0 |
| May 4, 2026 | Hankin Michael David Director | Award | 2,603 | $0 |
| May 4, 2026 | CARTER SUSAN K Director | Award | 2,603 | $0 |
| May 4, 2026 | GARRISON JOHN L JR Director | Award | 2,603 | $0 |
| May 4, 2026 | MANNING ROBERT J Director | Award | 2,603 | $0 |
| May 4, 2026 | Mitchell Adrian V Director | Award | 2,603 | $0 |
| Apr 12, 2026 | Hallinan Patrick D EVP, CFO & Chief Admin Officer | Option exercise | 11,186 | — |
| Apr 12, 2026 | Hallinan Patrick D EVP, CFO & Chief Admin Officer | Option exercise | 3,852 | — |
| Apr 12, 2026 | Hallinan Patrick D EVP, CFO & Chief Admin Officer | Tax withheld | 6,663 | $487.8K |
| Mar 24, 2026 | Ayers Andrea J. Director | Award | 33 | $2.3K |
| Mar 24, 2026 | Mitchell Adrian V Director | Award | 112 | $7.9K |
| Mar 24, 2026 | GARRISON JOHN L JR Director | Award | 39 | $2.8K |
| Mar 24, 2026 | Crew Debra Ann Director | Award | 126 | $8.9K |
| Mar 24, 2026 | CARTER SUSAN K Director | Award | 66 | $4.7K |
| Mar 24, 2026 | Ayers Andrea J. Director | Award | 248 | $17.5K |
| Mar 24, 2026 | Hankin Michael David Director | Award | 142 | $10.1K |
| Mar 24, 2026 | Crew Debra Ann Director | Award | 142 | $10.1K |
| Mar 24, 2026 | Palmieri Jane Director | Award | 122 | $8.7K |
| Mar 1, 2026 | Nelson Christopher John Pres., Chief Executive Officer | Option exercise | 3,544 | — |
| Mar 1, 2026 | Allan Donald Executive Chair | Tax withheld | 4,640 | $412.7K |
| Mar 1, 2026 | Allan Donald Executive Chair | Tax withheld | 4,052 | $348.1K |
| Mar 1, 2026 | Allan Donald Executive Chair | Option exercise | 9,271 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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