Stanley Black & Decker (SWK) 10-K Summary — Year Ended Dec 30, 2023
Stanley Black & Decker's annual filing describes its business, risk factors, and financial results. For the year, revenue declined and the company reported a net loss, while operating cash flow remained positive.
Key takeaway
Year ended Dec 30, 2023 · FY2025 10-K
Stanley Black & Decker's annual filing describes its business, risk factors, and financial results. For the year, revenue declined and the company reported a net loss, while operating cash flow remained positive.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$15.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
-$310.5M
Net income reported for the year.
Operating cash flow
$1.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 1, 2022 | $4.1B | n/a |
| Dec 31, 2022 | $16.9B | +311.4% |
| Dec 30, 2023 | $15.8B | -6.9% |
Business overview
The company's business is described in the Business overview section of the filing. Risk factors are detailed in Item 1A, and management's discussion is in Item 7.
Financial performance
Revenue decreased compared to the prior year, resulting in a net loss for the period. Operating cash flow was positive, indicating ongoing cash generation from operations.
Material risks
The Risk Factors section identifies material risks that could affect the company's operations and financial condition. These include macroeconomic and industry-specific challenges.
Liquidity and capital
Positive operating cash flow supports the company's liquidity needs. The management discussion and analysis provides further detail on capital allocation.
What to watch
Investors should monitor the company's revenue trends and progress toward profitability in the next filing.