Stanley Black & Decker Inc. Company Profile
Stanley Black & Decker Inc.
Manufacturing
- Establishment Year
1843
- Headquarters
The US
- Key Management
Mr. James M Loree (CEO)
- Revenue (US$ Mn)
~ 15,617.2 (2021)
- Headcount
~ 12,000 (2021)
- Website
Business Description
Stanley Black & Decker Inc. provides power tools and related accessories, services, products, and equipment for oil & Gas and infrastructure applications. It also offers monitoring systems, commercial electronic security, and medical and mechanical access solutions. The company is divided into three segments: Storage, Tools, and Industrial and Security.
Tools and Storage include hand tools, power and equipment, accessories, and businesses. The Industrial segment includes infrastructure and engineered fastening businesses. The Security segment comprises mechanical access solutions and convergent security solutions businesses. Frederick T. Stanley founded the company in 1843. It is located in New Britain, CT.
Key Financials
Revenue (US$ Mn)
- US$ 15,617 Mn was the annual revenue generated by Stanley Black & Decker Inc. in 2021
- Stanley Black & Decker Inc.’s annual revenue for 2020 was US$ 14,535 Mn, a 0.64% increase from 2019
- From 2018’s annual revenues, Stanley Black & Decker Inc. registered a 3.29% increase in 2019, amounting to US$ 14,442 Mn
- Total revenue of US$ 13,982 Mn was generated in 2018 by Stanley Black & Decker Inc.
Operating Income (US$ Mn)
- Stanley Black & Decker Inc.’s operating income for 2021 was US$ 2,177 Mn, a 15.94% increase from the 2020
- The operating income generated by Stanley Black & Decker Inc. in 2020 was US$ 1,878 Mn
- At a 5.12% increase from, Stanley Black & Decker Inc.’s operating income of US$ 1,765 Mn was indexed in 2019
- Stanley Black & Decker Inc. generated an operating income of US$ 1,679 Mn in 2018
Net Income (US$ Mn)
- US$ 1,560 Mn was the net income generated by Stanley Black & Decker Inc. in 2021
- Stanley Black & Decker Inc.’s net income for 2020 was US$ 1,233 Mn, a 29.11% increase from 2019
- From 2018’s net incomes, Stanley Black & Decker Inc. registered a 57.85% increase in 2019, amounting to US$ 955 Mn
- A net income of US$ 605 Mn was generated in 2018 by Stanley Black & Decker Inc.
Operating Margin %
- Stanley Black & Decker Inc.’s operating margin for 2021 was 14%, a 7.75% increase from 2020
- The operating margin generated by Stanley Black & Decker Inc. in 2020 was 13%
- At a 1.67% increase, Stanley Black & Decker Inc.’s operating margin of 12% was indexed in 2019
- Stanley Black & Decker Inc. generated an operating margin of 12% in 2018
Gross Margin %
- Stanley Black & Decker Inc.’s gross margin for 2021 was 34%, a -2.05% decrease from 2020
- The gross margin generated by Stanley Black & Decker Inc. in 2020 was 34%
- At a -4.03% decrease from, Stanley Black & Decker Inc.’s gross margin of 33% was indexed in 2019
- Stanley Black & Decker Inc. generated a gross margin of 35% in 2018
SWOT Analysis
Strengths
Liquidity Position
The company’s cash reserves are adequate and liquidity is high, which gives it an advantage in funding potential mergers and acquisitions as well as expansions. Stanley’s current ratio stood at 1.3 in FY2020, which is significantly more than the 1.0 in FY2019. The company’s current ratio is higher if it has high liquidity. The company’s total current assets were US$6,036 million at the end of the review, an increase of 35.4% compared to the previous year. Cash and equivalents were worth US$1,381million.
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