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

Danaher Corporation is the larger business by last-quarter revenue ($6.0B vs $3.8B, roughly 1.6× Stanley Black & Decker). Danaher Corporation runs the higher net margin — 17.3% vs 1.4%, a 15.9% gap on every dollar of revenue. On growth, Danaher Corporation posted the faster year-over-year revenue change (3.7% vs 0.1%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $155.3M). Over the past eight quarters, Danaher Corporation's revenue compounded faster (1.8% CAGR vs 0.3%).

Danaher Corporation is an American healthcare company headquartered in Washington, D.C.. It develops products used for advances in biotechnology, life sciences, and diagnostics. The company operates three divisions: biotechnology, which develops products for the development of therapeutics; life sciences, which develops products to identify causes of disease, new therapies, and to test and manufacture new drugs, vaccines and gene editing technologies; and diagnostics, which develops instruments,...

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.

DHR vs SWK — Head-to-Head

Bigger by revenue
DHR
DHR
1.6× larger
DHR
$6.0B
$3.8B
SWK
Growing faster (revenue YoY)
DHR
DHR
+3.5% gap
DHR
3.7%
0.1%
SWK
Higher net margin
DHR
DHR
15.9% more per $
DHR
17.3%
1.4%
SWK
More free cash flow
DHR
DHR
$929.7M more FCF
DHR
$1.1B
$155.3M
SWK
Faster 2-yr revenue CAGR
DHR
DHR
Annualised
DHR
1.8%
0.3%
SWK

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
DHR
DHR
SWK
SWK
Revenue
$6.0B
$3.8B
Net Profit
$1.0B
$51.4M
Gross Margin
60.3%
31.4%
Operating Margin
22.6%
Net Margin
17.3%
1.4%
Revenue YoY
3.7%
0.1%
Net Profit YoY
7.9%
-43.6%
EPS (diluted)
$1.45
$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
DHR
DHR
SWK
SWK
Q1 26
$6.0B
Q4 25
$6.8B
Q3 25
$6.1B
$3.8B
Q2 25
$5.9B
$3.9B
Q1 25
$5.7B
$3.7B
Q4 24
$6.5B
$3.7B
Q3 24
$5.8B
$3.8B
Q2 24
$5.7B
$4.0B
Net Profit
DHR
DHR
SWK
SWK
Q1 26
$1.0B
Q4 25
$1.2B
Q3 25
$908.0M
$51.4M
Q2 25
$555.0M
$101.9M
Q1 25
$954.0M
$90.4M
Q4 24
$1.1B
$194.9M
Q3 24
$818.0M
$91.1M
Q2 24
$907.0M
$-11.2M
Gross Margin
DHR
DHR
SWK
SWK
Q1 26
60.3%
Q4 25
58.0%
Q3 25
58.2%
31.4%
Q2 25
59.3%
27.0%
Q1 25
61.2%
29.9%
Q4 24
59.5%
30.8%
Q3 24
58.7%
29.9%
Q2 24
59.7%
28.4%
Operating Margin
DHR
DHR
SWK
SWK
Q1 26
22.6%
Q4 25
22.0%
Q3 25
19.1%
Q2 25
12.8%
Q1 25
22.2%
Q4 24
21.8%
3.4%
Q3 24
16.5%
10.6%
Q2 24
20.3%
9.5%
Net Margin
DHR
DHR
SWK
SWK
Q1 26
17.3%
Q4 25
17.5%
Q3 25
15.0%
1.4%
Q2 25
9.3%
2.6%
Q1 25
16.6%
2.4%
Q4 24
16.6%
5.2%
Q3 24
14.1%
2.4%
Q2 24
15.8%
-0.3%
EPS (diluted)
DHR
DHR
SWK
SWK
Q1 26
$1.45
Q4 25
$1.69
Q3 25
$1.27
$0.34
Q2 25
$0.77
$0.67
Q1 25
$1.32
$0.60
Q4 24
$1.50
$1.29
Q3 24
$1.12
$0.60
Q2 24
$1.22
$-0.07

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHR
DHR
SWK
SWK
Q1 26
Q4 25
Q3 25
$268.3M
Q2 25
$311.8M
Q1 25
$344.8M
Q4 24
$290.5M
Q3 24
$298.7M
Q2 24
$318.5M
Total Debt
DHR
DHR
SWK
SWK
Q1 26
Q4 25
$18.4B
Q3 25
$16.9B
$5.3B
Q2 25
$17.4B
$5.6B
Q1 25
$16.5B
$5.6B
Q4 24
$16.0B
$6.1B
Q3 24
$17.5B
$6.1B
Q2 24
$17.0B
$6.1B
Stockholders' Equity
DHR
DHR
SWK
SWK
Q1 26
Q4 25
$52.5B
Q3 25
$51.1B
$9.0B
Q2 25
$52.3B
$9.1B
Q1 25
$50.8B
$8.8B
Q4 24
$49.5B
$8.7B
Q3 24
$51.3B
$8.9B
Q2 24
$49.9B
$8.7B
Total Assets
DHR
DHR
SWK
SWK
Q1 26
Q4 25
$83.5B
Q3 25
$79.9B
$21.8B
Q2 25
$81.6B
$22.5B
Q1 25
$79.1B
$22.5B
Q4 24
$77.5B
$21.8B
Q3 24
$80.6B
$22.5B
Q2 24
$78.6B
$22.5B
Debt / Equity
DHR
DHR
SWK
SWK
Q1 26
Q4 25
0.35×
Q3 25
0.33×
0.59×
Q2 25
0.33×
0.62×
Q1 25
0.32×
0.63×
Q4 24
0.32×
0.70×
Q3 24
0.34×
0.69×
Q2 24
0.34×
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
DHR
DHR
SWK
SWK
Operating Cash FlowLast quarter
$1.3B
$221.2M
Free Cash FlowOCF − Capex
$1.1B
$155.3M
FCF MarginFCF / Revenue
18.2%
4.1%
Capex IntensityCapex / Revenue
4.0%
1.8%
Cash ConversionOCF / Net Profit
1.28×
4.30×
TTM Free Cash FlowTrailing 4 quarters
$5.3B
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHR
DHR
SWK
SWK
Q1 26
$1.3B
Q4 25
$2.1B
Q3 25
$1.7B
$221.2M
Q2 25
$1.3B
$214.3M
Q1 25
$1.3B
$-420.0M
Q4 24
$2.0B
$679.1M
Q3 24
$1.5B
$285.8M
Q2 24
$1.4B
$573.0M
Free Cash Flow
DHR
DHR
SWK
SWK
Q1 26
$1.1B
Q4 25
$1.7B
Q3 25
$1.4B
$155.3M
Q2 25
$1.1B
$134.7M
Q1 25
$1.1B
$-485.0M
Q4 24
$1.5B
$564.6M
Q3 24
$1.2B
$199.3M
Q2 24
$1.1B
$485.8M
FCF Margin
DHR
DHR
SWK
SWK
Q1 26
18.2%
Q4 25
25.5%
Q3 25
22.6%
4.1%
Q2 25
18.4%
3.4%
Q1 25
18.4%
-13.0%
Q4 24
23.0%
15.2%
Q3 24
21.0%
5.3%
Q2 24
19.7%
12.1%
Capex Intensity
DHR
DHR
SWK
SWK
Q1 26
4.0%
Q4 25
5.4%
Q3 25
4.8%
1.8%
Q2 25
4.2%
2.0%
Q1 25
4.3%
1.7%
Q4 24
7.9%
3.1%
Q3 24
5.1%
2.3%
Q2 24
5.0%
2.2%
Cash Conversion
DHR
DHR
SWK
SWK
Q1 26
1.28×
Q4 25
1.77×
Q3 25
1.83×
4.30×
Q2 25
2.41×
2.10×
Q1 25
1.36×
-4.65×
Q4 24
1.86×
3.48×
Q3 24
1.85×
3.14×
Q2 24
1.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHR
DHR

Segment breakdown not available.

SWK
SWK

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

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