In March 2010, the Company completed a merger with The Black & Decker Corporation ( Black & Decker ), a company founded by S. At that time, the Company changed its name from The Stanley Works to Stanley Black & Decker, Inc.
$75.54
+$0.56 (+0.75%)
Price from 13 days ago
Operating margin is thin at 2.76%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.5% YoY. The question is whether this is cyclical or a structural shift.
At 29x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of $6.06B represents 8.8x FCF, leverage limits flexibility.
28.5x earnings, 16.7x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$15.13B
▼ -1.5% YoY
Net Income (TTM)
$402M
▲ +36.6% YoY
Op. Margin
2.76%
▲ +1.2pp YoY
ROIC
2.66%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$688M
▼ -8.6% YoY
Op. Cash Flow (TTM)
$971M
▼ -12.3% YoY
Net Debt
$6.06B
Cash & Equiv.
$280M
5Y CAGR: +0.8%
5Y CAGR: -16.3%
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