Summary
Stanley Black & Decker was formed in 2010 from the combination of Stanley Works and Black & Decker. The company’s headquarters are in New Britain, Connecticut, where Stanley is based. The company generated revenue of approximately $15.7 billion in 2023. SWK operates within a divisional structure, with approximately 85% of turnover coming from the Tools and Storage segment, and approximately 15% from the industrial segments. About 62% of sales are generated in the US. The company has now paid dividends for 148 years in a row and increased them for 57 years in a row. Major brands include: Stanley, Craftsman, DeWalt, Black & Decker, Cub Cadet and Troy-Built.
The Tools & Outdoor segment is one
