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Side-by-side financial comparison of Blackstone Inc. (BX) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $3.3B, roughly 1.1× Blackstone Inc.). Blackstone Inc. runs the higher net margin — 36.7% vs 1.4%, a 35.4% gap on every dollar of revenue. On growth, Stanley Black & Decker posted the faster year-over-year revenue change (0.1% vs -77.7%). Over the past eight quarters, Blackstone Inc.'s revenue compounded faster (8.5% CAGR vs 0.3%).

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe.

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

BX vs SWK — Head-to-Head

Bigger by revenue
SWK
SWK
1.1× larger
SWK
$3.8B
$3.3B
BX
Growing faster (revenue YoY)
SWK
SWK
+77.9% gap
SWK
0.1%
-77.7%
BX
Higher net margin
BX
BX
35.4% more per $
BX
36.7%
1.4%
SWK
Faster 2-yr revenue CAGR
BX
BX
Annualised
BX
8.5%
0.3%
SWK

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BX
BX
SWK
SWK
Revenue
$3.3B
$3.8B
Net Profit
$1.2B
$51.4M
Gross Margin
31.4%
Operating Margin
Net Margin
36.7%
1.4%
Revenue YoY
-77.7%
0.1%
Net Profit YoY
-76.1%
-43.6%
EPS (diluted)
$0.80
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BX
BX
SWK
SWK
Q1 26
$3.3B
Q4 25
$4.4B
Q3 25
$3.1B
$3.8B
Q2 25
$3.7B
$3.9B
Q1 25
$3.3B
$3.7B
Q4 24
$3.1B
$3.7B
Q3 24
$3.7B
$3.8B
Q2 24
$2.8B
$4.0B
Net Profit
BX
BX
SWK
SWK
Q1 26
$1.2B
Q4 25
$1.0B
Q3 25
$624.9M
$51.4M
Q2 25
$764.2M
$101.9M
Q1 25
$614.9M
$90.4M
Q4 24
$703.9M
$194.9M
Q3 24
$780.8M
$91.1M
Q2 24
$444.4M
$-11.2M
Gross Margin
BX
BX
SWK
SWK
Q1 26
Q4 25
Q3 25
31.4%
Q2 25
27.0%
Q1 25
29.9%
Q4 24
30.8%
Q3 24
29.9%
Q2 24
28.4%
Operating Margin
BX
BX
SWK
SWK
Q1 26
Q4 25
54.1%
Q3 25
46.8%
Q2 25
51.6%
Q1 25
44.2%
Q4 24
50.6%
3.4%
Q3 24
49.4%
10.6%
Q2 24
43.2%
9.5%
Net Margin
BX
BX
SWK
SWK
Q1 26
36.7%
Q4 25
23.3%
Q3 25
20.2%
1.4%
Q2 25
20.6%
2.6%
Q1 25
18.7%
2.4%
Q4 24
22.8%
5.2%
Q3 24
21.3%
2.4%
Q2 24
15.9%
-0.3%
EPS (diluted)
BX
BX
SWK
SWK
Q1 26
$0.80
Q4 25
$1.29
Q3 25
$0.80
$0.34
Q2 25
$0.98
$0.67
Q1 25
$0.80
$0.60
Q4 24
$0.91
$1.29
Q3 24
$1.02
$0.60
Q2 24
$0.58
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BX
BX
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$2.4B
$268.3M
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$18.5B
$9.0B
Total Assets
$45.3B
$21.8B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BX
BX
SWK
SWK
Q1 26
$2.4B
Q4 25
$2.6B
Q3 25
$2.4B
$268.3M
Q2 25
$2.2B
$311.8M
Q1 25
$2.4B
$344.8M
Q4 24
$2.0B
$290.5M
Q3 24
$2.4B
$298.7M
Q2 24
$2.4B
$318.5M
Total Debt
BX
BX
SWK
SWK
Q1 26
Q4 25
$12.6B
Q3 25
$12.1B
$5.3B
Q2 25
$12.1B
$5.6B
Q1 25
$12.6B
$5.6B
Q4 24
$11.5B
$6.1B
Q3 24
$10.9B
$6.1B
Q2 24
$10.8B
$6.1B
Stockholders' Equity
BX
BX
SWK
SWK
Q1 26
$18.5B
Q4 25
$8.7B
Q3 25
$8.4B
$9.0B
Q2 25
$8.4B
$9.1B
Q1 25
$8.0B
$8.8B
Q4 24
$8.2B
$8.7B
Q3 24
$7.0B
$8.9B
Q2 24
$6.8B
$8.7B
Total Assets
BX
BX
SWK
SWK
Q1 26
$45.3B
Q4 25
$47.7B
Q3 25
$46.6B
$21.8B
Q2 25
$45.4B
$22.5B
Q1 25
$45.3B
$22.5B
Q4 24
$43.5B
$21.8B
Q3 24
$42.6B
$22.5B
Q2 24
$40.6B
$22.5B
Debt / Equity
BX
BX
SWK
SWK
Q1 26
Q4 25
1.45×
Q3 25
1.44×
0.59×
Q2 25
1.45×
0.62×
Q1 25
1.58×
0.63×
Q4 24
1.40×
0.70×
Q3 24
1.55×
0.69×
Q2 24
1.58×
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BX
BX
SWK
SWK
Operating Cash FlowLast quarter
$221.2M
Free Cash FlowOCF − Capex
$155.3M
FCF MarginFCF / Revenue
4.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.30×
TTM Free Cash FlowTrailing 4 quarters
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BX
BX
SWK
SWK
Q1 26
Q4 25
$1.1B
Q3 25
$1.6B
$221.2M
Q2 25
$888.5M
$214.3M
Q1 25
$1.1B
$-420.0M
Q4 24
$161.4M
$679.1M
Q3 24
$1.2B
$285.8M
Q2 24
$1.2B
$573.0M
Free Cash Flow
BX
BX
SWK
SWK
Q1 26
Q4 25
$1.0B
Q3 25
$1.6B
$155.3M
Q2 25
$848.4M
$134.7M
Q1 25
$1.1B
$-485.0M
Q4 24
$149.5M
$564.6M
Q3 24
$1.2B
$199.3M
Q2 24
$1.1B
$485.8M
FCF Margin
BX
BX
SWK
SWK
Q1 26
Q4 25
24.0%
Q3 25
51.0%
4.1%
Q2 25
22.9%
3.4%
Q1 25
32.8%
-13.0%
Q4 24
4.9%
15.2%
Q3 24
32.8%
5.3%
Q2 24
41.0%
12.1%
Capex Intensity
BX
BX
SWK
SWK
Q1 26
Q4 25
0.5%
Q3 25
0.8%
1.8%
Q2 25
1.1%
2.0%
Q1 25
0.9%
1.7%
Q4 24
0.4%
3.1%
Q3 24
0.5%
2.3%
Q2 24
0.4%
2.2%
Cash Conversion
BX
BX
SWK
SWK
Q1 26
Q4 25
1.05×
Q3 25
2.56×
4.30×
Q2 25
1.16×
2.10×
Q1 25
1.80×
-4.65×
Q4 24
0.23×
3.48×
Q3 24
1.56×
3.14×
Q2 24
2.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BX
BX

Management and Advisory Fees, Net$1.9B58%
Realized$562.0M17%
Other$368.1M11%
Unrealized$263.2M8%
Incentive Fees$191.8M6%

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

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