Stanley Black & Decker
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Stanley Black & Decker, Inc. engages in tools and storage, industrial, and security businesses worldwide. The last earnings update was 49 days ago. More info.
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SWK Share Price and Events
7 Day Returns
1 Year Returns
SWK Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Stanley Black & Decker (SWK) | 2.8% | 10.9% | 12.5% | -5.8% | 33.7% | 78.4% |
| US Machinery | 0.7% | 5.6% | 14.3% | 0.2% | 50.2% | 31.1% |
| US Market | 0.4% | 2.6% | 11% | 6.8% | 38.1% | 45.7% |
1 Year Return vs Industry and Market
- SWK underperformed the Machinery industry which returned 0.2% over the past year.
- SWK underperformed the Market in United States of America which returned 6.8% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Stanley Black & Decker
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Stanley Black & Decker.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 18 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.6% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Machinery Unlevered Beta | Simply Wall St/ S&P Global | 1.07 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 21%) (19.02%)) |
1.152 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.15 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.152 * 5.96%) |
9.6% |
Discounted Cash Flow Calculation for NYSE:SWK using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Stanley Black & Decker is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.6%) |
|
|---|---|---|---|
| 2019 | 1,087.36 | Analyst x10 | 992.15 |
| 2020 | 1,343.83 | Analyst x10 | 1,118.79 |
| 2021 | 1,397.00 | Analyst x5 | 1,061.22 |
| 2022 | 1,395.50 | Analyst x2 | 967.25 |
| 2023 | 1,492.00 | Analyst x1 | 943.59 |
| 2024 | 1,537.12 | Est @ 3.02% | 887.00 |
| 2025 | 1,582.25 | Est @ 2.94% | 833.10 |
| 2026 | 1,627.73 | Est @ 2.87% | 782.00 |
| 2027 | 1,673.81 | Est @ 2.83% | 733.72 |
| 2028 | 1,720.69 | Est @ 2.8% | 688.22 |
| Present value of next 10 years cash flows | $9,007.05 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $1,720.69 × (1 + 2.73%) ÷ (9.6% – 2.73%) |
$25,742.79 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $25,742.79 ÷ (1 + 9.6%)10 |
$10,296.35 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $9,007.05 + $10,296.35 |
$19,303.39 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $19,303.39 / 151.36 |
$127.54 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $127.54 |
| Current discount | Discount to share price of
$145.82
= -1 x ($145.82 - $127.54) / $127.54 |
-14.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Stanley Black & Decker is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Stanley Black & Decker's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Stanley Black & Decker's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-29) in USD | $4.06 |
| NYSE:SWK Share Price ** | NYSE (2019-04-16) in USD | $145.82 |
| United States of America Machinery Industry PE Ratio | Median Figure of 103 Publicly-Listed Machinery Companies | 21.72x |
| United States of America Market PE Ratio | Median Figure of 3,072 Publicly-Listed Companies | 18.08x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Stanley Black & Decker.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:SWK Share Price ÷ EPS (both in USD) = 145.82 ÷ 4.06 |
35.88x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Stanley Black & Decker is overvalued based on earnings compared to the US Machinery industry average.
- Stanley Black & Decker is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Stanley Black & Decker's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 35.88x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts |
19%per year |
| United States of America Machinery Industry PEG Ratio | Median Figure of 83 Publicly-Listed Machinery Companies | 1.6x |
| United States of America Market PEG Ratio | Median Figure of 2,107 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 35.88x ÷ 19% |
1.88x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Stanley Black & Decker is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Stanley Black & Decker's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-29) in USD | $46.83 |
| NYSE:SWK Share Price * | NYSE (2019-04-16) in USD | $145.82 |
| United States of America Machinery Industry PB Ratio | Median Figure of 129 Publicly-Listed Machinery Companies | 2.43x |
| United States of America Market PB Ratio | Median Figure of 5,176 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:SWK Share Price ÷ Book Value per Share (both in USD) = 145.82 ÷ 46.83 |
3.11x |
* Primary Listing of Stanley Black & Decker.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Stanley Black & Decker is overvalued based on assets compared to the US Machinery industry average.
Value checks
We assess Stanley Black & Decker's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check) Stanley Black & Decker has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Stanley Black & Decker's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Stanley Black & Decker's earnings growth is expected to exceed the United States of America market average.
- Stanley Black & Decker's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:SWK Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts | 19% |
| NYSE:SWK Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 18 Analysts | 3.8% |
| United States of America Machinery Industry Earnings Growth Rate | Market Cap Weighted Average | 11% |
| United States of America Machinery Industry Revenue Growth Rate | Market Cap Weighted Average | 3.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 17,556 | 1,808 | 1 | |
| 2022-12-31 | 16,402 | 1,914 | 1,661 | 3 |
| 2021-12-31 | 15,609 | 1,898 | 1,502 | 9 |
| 2020-12-31 | 15,019 | 1,853 | 1,389 | 18 |
| 2019-12-31 | 14,496 | 1,595 | 1,189 | 18 |
| 2018-12-31 | 13,973 | 1,429 | 933 | 18 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-29 | 13,982 | 1,261 | 605 |
| 2018-09-29 | 13,593 | 1,505 | 992 |
| 2018-06-30 | 13,457 | 1,430 | 1,019 |
| 2018-03-31 | 13,100 | 1,383 | 1,003 |
| 2017-12-30 | 12,967 | 669 | 1,227 |
| 2017-09-30 | 12,423 | 789 | 1,201 |
| 2017-07-01 | 11,945 | 920 | 1,176 |
| 2017-04-01 | 11,591 | 1,264 | 1,170 |
| 2016-12-31 | 11,594 | 1,186 | 968 |
| 2016-10-01 | 11,332 | 1,478 | 977 |
| 2016-07-02 | 11,279 | 1,471 | 962 |
| 2016-04-02 | 11,214 | 1,287 | 926 |
| 2016-01-02 | 11,172 | 1,182 | 904 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
All data from Stanley Black & Decker Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | 10.77 | 11.15 | 10.38 | 2.00 |
| 2021-12-31 | 9.90 | 10.25 | 9.59 | 3.00 |
| 2020-12-31 | 9.27 | 9.67 | 8.79 | 10.00 |
| 2019-12-31 | 7.55 | 7.58 | 7.49 | 6.00 |
| 2018-12-31 | 6.21 | 6.81 | 5.44 | 10.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-29 | 4.06 |
| 2018-09-29 | 6.64 |
| 2018-06-30 | 6.79 |
| 2018-03-31 | 6.69 |
| 2017-12-30 | 8.20 |
| 2017-09-30 | 8.06 |
| 2017-07-01 | 7.95 |
| 2017-04-01 | 7.96 |
| 2016-12-31 | 6.63 |
| 2016-10-01 | 6.70 |
| 2016-07-02 | 6.60 |
| 2016-04-02 | 6.32 |
| 2016-01-02 | 6.10 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Stanley Black & Decker is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Stanley Black & Decker's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Stanley Black & Decker has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Stanley Black & Decker performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Stanley Black & Decker's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
- Stanley Black & Decker's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Stanley Black & Decker's 1-year earnings growth is negative, it can't be compared to the US Machinery industry average.
Earnings and Revenue History
All data from Stanley Black & Decker Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-29 | 13,982.40 | 605.20 | 2,987.20 | |
| 2018-09-29 | 13,592.50 | 992.20 | 2,994.20 | |
| 2018-06-30 | 13,457.10 | 1,018.90 | 3,076.80 | |
| 2018-03-31 | 13,100.20 | 1,002.90 | 3,032.00 | |
| 2017-12-30 | 12,966.60 | 1,227.30 | 2,957.40 | |
| 2017-09-30 | 12,422.80 | 1,201.30 | 2,858.40 | |
| 2017-07-01 | 11,945.40 | 1,175.70 | 2,744.30 | |
| 2017-04-01 | 11,591.10 | 1,169.60 | 2,675.70 | |
| 2016-12-31 | 11,593.50 | 968.00 | 2,622.10 | |
| 2016-10-01 | 11,331.90 | 977.00 | 2,550.70 | |
| 2016-07-02 | 11,279.40 | 962.20 | 2,513.60 | |
| 2016-04-02 | 11,213.90 | 926.40 | 2,491.20 | |
| 2016-01-02 | 11,171.80 | 903.80 | 2,486.40 | |
| 2015-10-03 | 11,308.90 | 855.90 | 2,534.10 | |
| 2015-07-04 | 11,358.30 | 868.20 | 2,566.90 | |
| 2015-04-04 | 11,351.50 | 854.30 | 2,578.30 | |
| 2015-01-03 | 11,338.60 | 857.20 | 2,595.90 | |
| 2014-09-27 | 11,153.90 | 705.50 | 2,571.00 | |
| 2014-06-28 | 11,033.30 | 628.90 | 2,567.50 | |
| 2014-03-29 | 11,031.40 | 604.60 | 2,564.80 | |
| 2013-12-28 | 10,889.50 | 519.80 | 2,554.60 | |
| 2013-09-28 | 10,751.20 | 588.80 | 2,519.40 | |
| 2013-06-29 | 10,510.10 | 509.10 | 2,452.00 | |
| 2013-03-30 | 10,197.00 | 442.40 | 2,382.00 | |
| 2012-12-29 | 10,022.40 | 456.90 | 2,336.40 | |
| 2012-09-29 | 9,339.40 | 408.60 | 2,230.30 | |
| 2012-06-30 | 9,441.90 | 479.70 | 2,277.40 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Stanley Black & Decker has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Stanley Black & Decker used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.
- Stanley Black & Decker's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Stanley Black & Decker's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Stanley Black & Decker has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Stanley Black & Decker's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Stanley Black & Decker's finances.
The net worth of a company is the difference between its assets and liabilities.
- Stanley Black & Decker is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Stanley Black & Decker's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Stanley Black & Decker Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-29 | 7,839.90 | 4,198.40 | 288.70 |
| 2018-09-29 | 8,085.10 | 5,243.00 | 369.90 |
| 2018-06-30 | 8,187.80 | 4,945.50 | 385.80 |
| 2018-03-31 | 8,441.80 | 4,245.20 | 408.00 |
| 2017-12-30 | 8,305.00 | 3,866.80 | 637.50 |
| 2017-09-30 | 8,018.80 | 4,459.70 | 483.30 |
| 2017-07-01 | 7,706.40 | 4,463.50 | 539.50 |
| 2017-04-01 | 6,818.10 | 5,026.40 | 378.00 |
| 2016-12-31 | 6,373.60 | 3,874.70 | 1,131.80 |
| 2016-10-01 | 6,081.20 | 4,019.50 | 420.80 |
| 2016-07-02 | 5,850.10 | 4,267.10 | 568.20 |
| 2016-04-02 | 5,715.20 | 4,383.30 | 366.50 |
| 2016-01-02 | 5,859.20 | 3,848.50 | 480.30 |
| 2015-10-03 | 5,720.60 | 4,349.00 | 307.90 |
| 2015-07-04 | 5,866.50 | 4,299.90 | 404.70 |
| 2015-04-04 | 5,697.20 | 4,515.80 | 450.50 |
| 2015-01-03 | 6,511.90 | 3,901.80 | 509.80 |
| 2014-09-27 | 7,044.00 | 4,346.80 | 508.20 |
| 2014-06-28 | 7,137.30 | 4,395.00 | 538.00 |
| 2014-03-29 | 6,979.30 | 4,589.80 | 451.30 |
| 2013-12-28 | 6,880.50 | 4,344.60 | 517.90 |
| 2013-09-28 | 7,018.30 | 4,739.60 | 489.40 |
| 2013-06-29 | 6,724.50 | 4,811.50 | 583.30 |
| 2013-03-30 | 6,659.10 | 4,871.50 | 577.80 |
| 2012-12-29 | 6,727.10 | 3,545.90 | 734.50 |
| 2012-09-29 | 7,263.90 | 4,319.70 | 781.20 |
| 2012-06-30 | 6,892.20 | 3,975.40 | 589.80 |
- Stanley Black & Decker's level of debt (53.6%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (63.2% vs 53.6% today).
- Debt is well covered by operating cash flow (30%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 8.1x coverage).
Financial health checks
We assess Stanley Black & Decker's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Stanley Black & Decker has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Stanley Black & Decker's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Stanley Black & Decker
shares you are expected to receive
$36
in your first year as a dividend.
Dividend Amount
- Stanley Black & Decker's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).
- Stanley Black & Decker's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
| United States of America Machinery Industry Average Dividend Yield | Market Cap Weighted Average of 77 Stocks | 1.9% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | 2.78 | 1.00 |
| 2021-12-31 | 2.91 | 5.00 |
| 2020-12-31 | 2.77 | 9.00 |
| 2019-12-31 | 2.68 | 11.00 |
| 2018-12-31 | 2.56 | 11.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-12 | 2.640 | 1.942 |
| 2018-10-18 | 2.640 | 2.143 |
| 2018-07-18 | 2.640 | 1.861 |
| 2018-04-19 | 2.520 | 1.797 |
| 2018-02-27 | 2.520 | 1.630 |
| 2017-10-18 | 2.520 | 1.523 |
| 2017-07-19 | 2.520 | 1.728 |
| 2017-04-20 | 2.320 | 1.662 |
| 2017-02-15 | 2.320 | 1.784 |
| 2016-10-20 | 2.320 | 1.940 |
| 2016-07-21 | 2.320 | 1.903 |
| 2016-04-20 | 2.200 | 1.950 |
| 2016-02-17 | 2.200 | 2.175 |
| 2015-10-16 | 2.200 | 2.158 |
| 2015-07-24 | 2.200 | 2.176 |
| 2015-04-16 | 2.080 | 2.003 |
| 2015-02-17 | 2.080 | 2.150 |
| 2014-10-13 | 2.080 | 2.226 |
| 2014-07-23 | 2.080 | 2.324 |
| 2014-04-15 | 2.000 | 2.318 |
| 2014-02-18 | 2.000 | 2.480 |
| 2013-10-10 | 2.000 | 2.492 |
| 2013-07-24 | 2.000 | 2.281 |
| 2013-04-16 | 1.960 | 2.484 |
| 2013-02-19 | 1.960 | 2.482 |
| 2012-10-15 | 1.960 | 2.688 |
| 2012-07-18 | 1.960 | 2.803 |
| 2012-04-17 | 1.640 | 2.475 |
| 2012-02-14 | 1.640 | 2.126 |
| 2011-10-13 | 1.640 | 2.456 |
| 2011-07-15 | 1.640 | 2.812 |
| 2011-04-19 | 1.640 | 2.276 |
| 2011-02-15 | 1.640 | 2.180 |
| 2010-10-15 | 1.360 | 2.098 |
| 2010-07-16 | 1.360 | 2.348 |
| 2010-04-20 | 1.320 | 2.352 |
| 2010-02-16 | 1.320 | 2.256 |
| 2009-10-16 | 1.320 | 2.588 |
| 2009-07-20 | 1.320 | 3.182 |
| 2009-04-23 | 1.280 | 3.612 |
| 2009-04-17 | 1.280 | 3.920 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Stanley Black & Decker's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.6x coverage).
- Dividends after 3 years are expected to be well covered by earnings (3.5x coverage).
Income/ dividend checks
We assess Stanley Black & Decker's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Stanley Black & Decker afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Stanley Black & Decker has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $13,563,404 |
| AGE | 60 |
| TENURE AS CEO | 2.8 years |
CEO Bio
Mr. James M. Loree, also known as Jim, has been the Chief Executive Officer of Stanley Black & Decker, Inc. since July 31, 2016. Mr. Loree has been the President of Stanley Black & Decker, Inc. since January 13, 2013. Mr. Loree served as the Chief Operating Officer of Stanley Black & Decker, Inc. from January 2009 to July 31, 2016. He served as the Chief Financial Officer and Executive Vice President of finance at Stanley Black & Decker, Inc. since July 19, 1999 to January 2009. As Chief Financial Officer, he had responsibility for investor relations; tax; treasury; accounting; audit; operational finance; supplier management; information technology; and business development activities, including strategic planning and mergers and acquisitions. He served as an Executive Vice President at Stanley Black & Decker, Inc. since September 2002 until January 2012. Mr. Loree joined Stanley Black & Decker, Inc. (then Stanley Works) in 1999 after 19 years with General Electric Company. Mr. Loree’s career with GE spanned a multitude of assignments and industries, including leading financial and operational audits of GE’s global businesses, advising company on global business strategy and served as Chief Financial Officer of one-third of GE Capital’s numerous operating businesses. He has been a Director of Stanley Black & Decker, Inc. since July 31, 2016. He served as an Independent Director of Harsco Corporation since November 1, 2010. He serves as Director of Hartford Hospital, Inc. He has been a Director of Whirlpool Corporation since December 18, 2017. He serves as Trustee of Manufacturers Alliance for Productivity and Innovation, Inc. He received a Bachelor of Arts in Economics from Union College, Schenectady, N.Y., where he graduated summa cum laude and was elected to Phi Beta Kappa.
CEO Compensation
- Jim's compensation has been consistent with company performance over the past year.
- Jim's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Stanley Black & Decker management team in years:
- The average tenure for the Stanley Black & Decker management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Jim Loree
President
$14M
60
2.8 yrs
Don Allan
Executive VP & CFO
$4M
54
10.3 yrs
Jeff Ansell
Executive VP and President of Tools & Storage
$4M
50
15.3 yrs
Jaime Ramirez
Senior VP & President of Global Emerging Markets
$3M
50
6.5 yrs
John H. Wyatt
President of Stanley Engineered Fastening
$3M
59
3.3 yrs
Jocelyn Belisle
VP & Chief Accounting Officer
9.8 yrs
Mark Maybury
Chief Technology Officer
1.4 yrs
Rhonda Gass
VP & Chief Information Officer
54
6.5 yrs
Dennis Lange
Vice President of Investor Relations
Janet Link
Senior VP
$4M
48
1.8 yrs
Board of Directors Tenure
Average tenure and age of the Stanley Black & Decker board of directors in years:
- The tenure for the Stanley Black & Decker board of directors is about average.
Board of Directors
George Buckley
Chairman of the Board
$475K
71
2.3 yrs
Jim Loree
President
$14M
60
2.8 yrs
Carlos Cardoso
Independent Director
$330K
60
11.5 yrs
Patrick Campbell
Independent Director
$288K
65
10.5 yrs
Andrea Ayers
Independent Director
$265K
54
4.3 yrs
Mike Hankin
Independent Director
$305K
60
3 yrs
Robert Coutts
Independent Director
$291K
68
11.8 yrs
Marianne Parrs
Independent Director
$295K
74
11 yrs
Bob Ryan
Independent Director
$306K
75
9.1 yrs
Debra Crew
Independent Director
$275K
47
5.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 27. Feb 19 | Sell | Joseph Voelker | Individual | 25. Feb 19 | 25. Feb 19 | -3,488 | $137.48 | $-479,532 | ||
| 28. Jan 19 | Sell | Jaime Ramirez | Individual | 24. Jan 19 | 24. Jan 19 | -600 | $118.69 | $-71,212 | ||
| 30. Oct 18 | Sell | Jaime Ramirez | Individual | 29. Oct 18 | 29. Oct 18 | -8,251 | $111.29 | $-918,219 | ||
| 30. Oct 18 | Buy | Michael Hankin | Individual | 29. Oct 18 | 29. Oct 18 | 907 | $112.93 | $102,428 | ||
| 11. Sep 18 | Sell | Jocelyn Belisle | Individual | 07. Sep 18 | 07. Sep 18 | -1,185 | $139.04 | $-164,766 | ||
| 27. Apr 18 | Buy | Michael Hankin | Individual | 27. Apr 18 | 27. Apr 18 | 350 | $143.28 | $50,148 | ||
Management checks
We assess Stanley Black & Decker's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Stanley Black & Decker has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Should You Worry About Stanley Black & Decker, Inc.'s (NYSE:SWK) CEO Salary Level?
This analysis aims first to contrast CEO compensation with other large companies. … is worth US$22b, and total annual CEO compensation is US$14m. … We looked at a group of companies with market capitalizations over US$8.0b and the median CEO total compensation was US$11m
Simply Wall St - – Full articleIf You Had Bought Stanley Black & Decker (NYSE:SWK) Stock Five Years Ago, You Could Pocket A 66% Gain Today
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Stanley Black & Decker achieved compound earnings per share (EPS) growth of 3.9% per year. … This EPS growth is slower than the share price growth of 11% per year, over the same period.
Simply Wall St - – Full articleAre Insiders Selling Stanley Black & Decker, Inc. (NYSE:SWK) Stock?
So shareholders might well want to know whether insiders have been buying or selling shares in Stanley Black & Decker, Inc. … Stanley Black & Decker Insider Transactions Over The Last Year. … In total, Stanley Black & Decker insiders sold more than they bought over the last year.
Simply Wall St - – Full articleWhat Should We Expect From Stanley Black & Decker, Inc.'s (NYSE:SWK) Earnings In The Next 12 Months?
Help shape the future of investing tools and receive a $20 prize! … Based on Stanley Black & Decker, Inc.'s (NYSE:SWK) earnings update in December 2018, … analyst consensus outlook appear vastly optimistic,
Simply Wall St - – Full articleWhy Stanley Black & Decker, Inc.'s (NYSE:SWK) High P/E Ratio Isn't Necessarily A Bad Thing
We'll look at Stanley Black & Decker, Inc.'s (NYSE:SWK) P/E ratio and reflect on what it tells us about the company's share price. … Stanley Black & Decker has a price to earnings ratio of 29.27, based on the last twelve months. … How Do You Calculate Stanley Black & Decker's P/E Ratio
Simply Wall St - – Full articleWith A 8.2% Return On Equity, Is Stanley Black & Decker, Inc. (NYSE:SWK) A Quality Stock?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Stanley Black & Decker, Inc. … Our data shows Stanley Black & Decker has a return on equity of 8.2% for the last year.
Simply Wall St - – Full articleHere’s why Stanley Black & Decker, Inc.’s (NYSE:SWK) Returns On Capital Matters So Much
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleHow Should Investors React To Stanley Black & Decker, Inc.'s (NYSE:SWK) CEO Pay?
This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. … has a market cap of US$19b, and is paying total annual CEO compensation of US$16m. … While we always look at total compensation first, we note that the salary component is less, at US$1.2m.
Simply Wall St - – Full articleShould Investors Be Happy About Stanley Black & Decker, Inc.’s (NYSE:SWK) Cash Levels?
I will take you through Stanley Black & Decker’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Stanley Black & Decker generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … There are two methods I will use to evaluate the quality of Stanley Black & Decker’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability
Simply Wall St - – Full articleAre Stanley Black & Decker, Inc.'s (NYSE:SWK) Interest Costs Too High?
Investors pursuing a solid, dependable stock investment can often be led to Stanley Black & Decker, Inc. … I will provide an overview of Stanley Black & Decker’s financial liquidity and leverage to give you an idea of Stanley Black & Decker’s position to take advantage of potential acquisitions or comfortably endure future downturns. … See our latest analysis for Stanley Black & Decker
Simply Wall St - – Full articleCompany Info
Description
Stanley Black & Decker, Inc. engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products. This segment sells its products through retailers, distributors, and a direct sales force to professional end users, distributors, retail consumers, and industrial customers in various industries. The company’s Industrial segment provides engineered fastening products and systems to customers in the automotive, manufacturing, electronics, construction, aerospace industries, and others; sells and rents custom pipe handling, joint welding, and coating equipment for use in the construction of large and small diameter pipelines, as well as provides pipeline inspection services; and sells hydraulic tools and accessories. This segment also serves oil and natural gas pipeline industry and other industrial customers. Its Security segment designs, supplies, and installs commercial electronic security systems and provides electronic security services; offers healthcare solutions, which include asset tracking, infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products; and sells automatic doors to commercial customers. This segment serves consumers, retailers, educational, financial, and healthcare institutions, as well as commercial, governmental, and industrial customers. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker, Inc. was founded in 1843 and is headquartered in New Britain, Connecticut.
Details
| Name: | Stanley Black & Decker, Inc. |
| SWK | |
| Exchange: | NYSE |
| Founded: | 1843 |
| $22,070,876,135 | |
| 151,356,989 | |
| Website: | http://www.stanleyblackanddecker.com |
| Address: |
Stanley Black & Decker, Inc. 1000 Stanley Drive, New Britain, Connecticut, 06053, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | SWK | Common Stock | New York Stock Exchange | US | USD | 02. Jan 1968 | |
| DB | SWF | Common Stock | Deutsche Boerse AG | DE | EUR | 02. Jan 1968 | |
| LSE | 0L9E | Common Stock | London Stock Exchange | GB | USD | 02. Jan 1968 |
Number of employees
Current staff
Industry
| Industrial Machinery | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/16 23:46 |
| End of day share price update: | 2019/04/16 00:00 |
| Last estimates confirmation: | 2019/04/16 |
| Last earnings filing: | 2019/02/26 |
| Last earnings reported: | 2018/12/29 |
| Last annual earnings reported: | 2018/12/29 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
