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SWK Price Correlated With Financials For Stanley Black & Decker

Free historical financial statements for Stanley Black & Decker Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 46 quarters since 2011. Compare with SWK stock chart to see long term trends.

SWK Stock Compared to Quarterly

SWK Income Statement

Revenue, Net:4393000000
Revenue Per Share:29.7194
Cost of Goods & Services Sold:3185900000
Selling, General & Admin Expense:849400000
Total Operating Expenses:4377100000
Operating Income:419900000
Income Taxes:-62800000
Net Income:87700000
Earnings Per Share, Basic:0.6
Shares Outstanding, Basic Avg:147815805

SWK Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:91900000
Net Cash from Operations:-443900000
Net Cash from Operations Per Share:-3.0031
Repurchases/Buybacks Common Stock:1100000
Cash Dividends Paid:114000000
Net Cash from Financing Activities:608200000
Property, Plant & Equipment Purchases:145700000
Purchases of Businesses, Net of Cash:9100000
Net Cash from Investing Activities:-154300000
Net Change in Cash & Equivalents:-12400000

SWK Balance Sheet

Cash and Cash Equivalents:308100000
Inventories:6635500000
Total Current Assets:9972800000
Property, Plant & Equipment, Net:2310600000
Total Assets:29361400000
Accounts Payable:3138800000
Current Portion of Long-Term Debt:1200000
Total Short-Term Liabilities:11760700000
Long Term Debt, Non-Current Portion:5351800000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Ayers Andrea J.   Director
15,500 sh at $96
$1,483,142
Buy
Ayers Andrea J.   Director
15,500 sh at $96
$1,483,142
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
18,623,594 sh
2,774,661 sh
18%
$2,603,393
-$386,033
Blackrock Inc.
11,015,960 sh
149,655 sh
1%
$1,539,922
-$509,681
Massachusetts Financial Services Co /Ma/
8,096,991 sh
570,027 sh
8%
$1,131,879
-$287,857
JPMorgan Chase & Co
4,379,887 sh
-3,189,648 sh
-42%
$612,266
-$815,499
Barrow Hanley Mewhinney & Strauss LLC
3,139,075 sh
384,543 sh
14%
$438,811
-$80,749
Geode Capital Management, LLC
3,083,860 sh
149,795 sh
5%
$430,033
-$121,881
Morgan Stanley
2,854,333 sh
577,946 sh
25%
$399,006
-$30,366
FMR LLC
2,529,708 sh
338,797 sh
15%
$353,628
-$59,623
Allspring Global Investments Holdings, LLC
2,510,528 sh
377,942 sh
18%
$350,945
-$51,302
Invesco Ltd.
2,261,779 sh
-326,323 sh
-13%
$316,173
-$171,996
Allspring Global Investments Holdings, LLC
2,132,586 sh
 
$402,247
Dimensional Fund Advisors LP
1,809,283 sh
32,724 sh
2%
$252,970
-$82,089
Northern Trust Corp
1,703,212 sh
6,239 sh
0%
$238,092
-$81,992
Franklin Resources Inc
1,515,795 sh
-981,632 sh
-39%
$211,893
-$259,171
Parnassus Investments /Ca
1,300,272 sh
1,300,272 sh
NEW
$181,765
$181,765
Cooke & Bieler Lp
1,281,216 sh
528,653 sh
70%
$179,102
$37,154
Bank Of New York Mellon Corp
1,237,182 sh
-31,723 sh
-3%
$172,946
-$66,395
Neuberger Berman Group LLC
1,094,681 sh
-11,493 sh
-1%
$152,740
-$55,247
Coho Partners, Ltd.
1,015,841 sh
200,842 sh
25%
$142,004
-$11,721
Pzena Investment Management LLC
1,011,410 sh
 
$141,385
COMPANY PROFILE
SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (hereinafter referred to as “generally accepted accounting principles”) for interim financial statements and with the instructions to Form 10-Q and Article 10 of Regulation S-X and do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations for the interim periods have been included and are of a normal, recurring nature. Operating results for the three months ended April 2, 2022 are not necessarily indicative of the results that may be expected for a full fiscal year. For further information, refer to the consolidated financial statements and footnotes included in Stanley Black & Decker, Inc.’s (the “Company”) Form 10-K for the year ended January 1, 2022, and subsequent related filings with the Securities and Exchange Commission ("SEC").

In December 2021, the Company acquired the remaining 80 percent ownership stake in MTD Holdings Inc. ("MTD"), a privately held global manufacturer of outdoor power equipment. The Company previously acquired a 20 percent interest in MTD in January 2019. Prior to closing on the remaining 80 percent ownership stake, the Company applied the equity method of accounting to the 20% investment in MTD. In November 2021, the Company acquired Excel Industries ("Excel"), a leading designer and manufacturer of premium commercial and residential turf-care equipment. These acquisitions are being accounted for as business combinations using the acquisition method of accounting and the results subsequent to the dates of acquisition are included in the Company's Tools & Outdoor segment.

In April 2022, the Company announced that it had reached a definitive agreement for the sale of its Mechanical Access Solutions ("MAS") business, the automatic doors business. In December 2021, the Company announced it reached a definitive agreement for the sale of its Convergent Security Solutions ("CSS") business comprising of the commercial electronic security and healthcare businesses. Based on management's commitment to sell these businesses, the assets and liabilities related to MAS and CSS were classified as held for sale on the Company's Condensed Consolidated Balance Sheets as of April 2, 2022 and January 1, 2022.

The MAS and CSS divestitures represent a single plan to exit the Security segment and are considered a strategic shift that will have a major effect on the Company’s operations and financial results. The operating results of MAS and CSS have been reported as discontinued operations in the consolidated financial statements. Amounts previously reported have been reclassified to conform to this presentation in accordance with Accounting Standard Codification ("ASC") 205 , Presentation of Financial Statements ("ASC 205") , to allow for meaningful comparison of continuing operations.

Refer to Note F, Acquisitions and Investments, and Note T, Divestitures, for further discussion of these transactions.

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements. While management believes that the estimates and assumptions used in the preparation of the financial statements are appropriate, actual results could differ from these estimates. Certain amounts reported in previous years have been reclassified to conform to the 2022 presentation.

Data imported from Stanley Black & Decker Inc. SEC filings. Check original filings before making any investment decision.