STANLEY BLACK & DECKER, INC(SWK)の決算・業績分析
STANLEY BLACK & DECKER, INCの2025年有価証券報告書をAI分析。売上高$15.1B(-1.5%)。Industrials。
目次
STANLEY BLACK & DECKER, INCの2025年度 業績サマリー
STANLEY BLACK & DECKER, INC(証券コード: SWK)の2025年度決算・業績分析。売上高は$15.1B(前年比-1.5%)。純利益は$402M(前年比+36.6%)。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
STANLEY BLACK & DECKER, INCの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Revenue grew 10.9% YoY to $16.9B (XBRL), but net income fell 37.1% YoY to $1.1B (XBRL).
- Net debt rose to $5.7B (6.0x EBITDA) (XBRL), despite $2.3B in share repurchases (XBRL).
- Operating cash flow turned negative to -$1.5B (XBRL), while CapEx reached $530M (XBRL).
STANLEY BLACK & DECKER, INCの売上高変化の要因
- •FY2024 revenue reached $16.9B (+10.9% YoY) (XBRL), driven by the Tools & Outdoor segment (87% of total revenue) (10-K). Historical data shows revenue volatility, peaking at $16.9B in FY2024 after declining to $15.3B in FY2023 (XBRL). No segment-specific revenue or geographic breakdowns are provided in the XBRL data or 10-K text (XBRL).
STANLEY BLACK & DECKER, INCの営業利益変化の要因
- •Operating margin declined to 3.4% (XBRL), while net margin fell to 6.3% (XBRL). Net income dropped 37.1% YoY to $1.1B (XBRL), despite EBITDA rising to $941M (5.5% of revenue) (XBRL). Operating income increased to $571M (XBRL), but historical data shows net income peaked at $1.7B in FY2023 before declining (XBRL).
STANLEY BLACK & DECKER, INCの事業リスクと対応
Supply chain disruptions from geopolitical tensions and global shortages affecting sourcing from South Korea, China, and Taiwan (10-K).
Port and transportation issues, including freight costs, labor disputes, and port capacity delays (10-K).
Inventory management risks due to excess or obsolete stock impacting profitability (10-K).
Supplier reliability risks, including quality and compliance with laws for critical suppliers (10-K).
Global trade risks from tariffs, quotas, and regulatory changes impacting import costs and operations (10-K).
STANLEY BLACK & DECKER, INCの今後の見通し・業績予想
STANLEY BLACK & DECKER, INCの事業内容
Stanley Black & Decker (SWK) is a global provider of hand tools, power tools, outdoor products, and engineered fastening solutions (10-K). Its primary revenue model is product sales, with 87% of 2024 revenue generated by the Tools & Outdoor segment (10-K), which includes Power Tools, Hand Tools, Accessories & Storage, and Outdoor Power Equipment. The company emphasizes innovation, brand strength (e.g., DEWALT, CRAFTSMAN), and strategic portfolio simplification as competitive advantages (10-K). Revenue is distributed across regions: 62% U.S., 16% Europe, 13% emerging markets, and 5% Canada (10-K).
STANLEY BLACK & DECKER, INCのAI業績分析レポート(2024年度)
Stanley Black & Decker, Inc. (SWK) FY2024 Annual Report Analysis
Highlights
Business Overview
Stanley Black & Decker (SWK) is a global provider of hand tools, power tools, outdoor products, and engineered fastening solutions (10-K). Its primary revenue model is product sales, with 87% of 2024 revenue generated by the Tools & Outdoor segment (10-K), which includes Power Tools, Hand Tools, Accessories & Storage, and Outdoor Power Equipment. The company emphasizes innovation, brand strength (e.g., DEWALT, CRAFTSMAN), and strategic portfolio simplification as competitive advantages (10-K). Revenue is distributed across regions: 62% U.S., 16% Europe, 13% emerging markets, and 5% Canada (10-K).
Revenue Analysis
FY2024 revenue reached $16.9B (+10.9% YoY) (XBRL), driven by the Tools & Outdoor segment (87% of total revenue) (10-K). Historical data shows revenue volatility, peaking at $16.9B in FY2024 after declining to $15.3B in FY2023 (XBRL). No segment-specific revenue or geographic breakdowns are provided in the XBRL data or 10-K text (XBRL).
Profitability Analysis
Operating margin declined to 3.4% (XBRL), while net margin fell to 6.3% (XBRL). Net income dropped 37.1% YoY to $1.1B (XBRL), despite EBITDA rising to $941M (5.5% of revenue) (XBRL). Operating income increased to $571M (XBRL), but historical data shows net income peaked at $1.7B in FY2023 before declining (XBRL).
Balance Sheet Analysis
Total assets decreased to $23.7B (XBRL), with total equity at $9.1B (XBRL). The equity ratio is 38.3% (XBRL), and current ratio is 1.19x (XBRL). Net debt of $5.7B (6.0x EBITDA) (XBRL) reflects high leverage, though no details on debt maturity or interest rates are disclosed (XBRL).
Cash Flow Analysis
Operating cash flow turned negative to -$1.5B (XBRL), with free cash flow at -$2.0B (XBRL) after $530M in CapEx (XBRL). Dividends paid totaled $466M (XBRL), and share repurchases reached $2.3B (XBRL).
Working Capital Analysis
N/A — No data on receivables, inventory, or payables days is available in the XBRL data or 10-K text (XBRL).
Risks
Outlook
Management aims for mid-single-digit organic revenue growth and improved operational efficiency (10-K). The company emphasizes innovation and electrification as growth drivers (10-K).
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 14.0B | 12.9B | 12.8B | 15.3B | 16.9B | 15.8B |
| Operating Income | 1.9B | N/A | N/A | N/A | 571M | N/A |
| Net Income | 605M | 956M | 1.2B | 1.7B | 1.1B | -310M |
| Total Assets | 19.4B | 23.6B | 28.2B | 25.0B | 23.7B | 21.8B |
| Total Equity | 9.1B | 11.1B | 11.6B | 9.7B | 9.1B | 8.7B |
| Operating Cash Flow | 1.3B | 1.5B | 2.0B | 663M | -1.5B | 1.2B |
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