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Side-by-side financial comparison of Equitable Holdings, Inc. (EQH) 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× Equitable Holdings, Inc.). Equitable Holdings, Inc. runs the higher net margin — 6.6% vs 1.4%, a 5.2% gap on every dollar of revenue. On growth, Stanley Black & Decker posted the faster year-over-year revenue change (0.1% vs -9.5%). Over the past eight quarters, Equitable Holdings, Inc.'s revenue compounded faster (21.2% CAGR vs 0.3%).

Equitable Holdings, Inc. is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.

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.

EQH vs SWK — Head-to-Head

Bigger by revenue
SWK
SWK
1.1× larger
SWK
$3.8B
$3.3B
EQH
Growing faster (revenue YoY)
SWK
SWK
+9.6% gap
SWK
0.1%
-9.5%
EQH
Higher net margin
EQH
EQH
5.2% more per $
EQH
6.6%
1.4%
SWK
Faster 2-yr revenue CAGR
EQH
EQH
Annualised
EQH
21.2%
0.3%
SWK

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EQH
EQH
SWK
SWK
Revenue
$3.3B
$3.8B
Net Profit
$215.0M
$51.4M
Gross Margin
31.4%
Operating Margin
10.5%
Net Margin
6.6%
1.4%
Revenue YoY
-9.5%
0.1%
Net Profit YoY
-76.1%
-43.6%
EPS (diluted)
$0.69
$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
EQH
EQH
SWK
SWK
Q4 25
$3.3B
Q3 25
$1.4B
$3.8B
Q2 25
$2.4B
$3.9B
Q1 25
$4.6B
$3.7B
Q4 24
$3.6B
$3.7B
Q3 24
$3.1B
$3.8B
Q2 24
$3.5B
$4.0B
Q1 24
$2.2B
$3.9B
Net Profit
EQH
EQH
SWK
SWK
Q4 25
$215.0M
Q3 25
$-1.3B
$51.4M
Q2 25
$-349.0M
$101.9M
Q1 25
$63.0M
$90.4M
Q4 24
$899.0M
$194.9M
Q3 24
$-134.0M
$91.1M
Q2 24
$428.0M
$-11.2M
Q1 24
$114.0M
$19.5M
Gross Margin
EQH
EQH
SWK
SWK
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%
Q1 24
28.6%
Operating Margin
EQH
EQH
SWK
SWK
Q4 25
10.5%
Q3 25
-93.0%
Q2 25
-15.4%
Q1 25
3.8%
Q4 24
33.1%
3.4%
Q3 24
-0.5%
10.6%
Q2 24
19.4%
9.5%
Q1 24
11.1%
8.3%
Net Margin
EQH
EQH
SWK
SWK
Q4 25
6.6%
Q3 25
-90.3%
1.4%
Q2 25
-14.8%
2.6%
Q1 25
1.4%
2.4%
Q4 24
24.8%
5.2%
Q3 24
-4.4%
2.4%
Q2 24
12.2%
-0.3%
Q1 24
5.1%
0.5%
EPS (diluted)
EQH
EQH
SWK
SWK
Q4 25
$0.69
Q3 25
$-4.47
$0.34
Q2 25
$-1.21
$0.67
Q1 25
$0.16
$0.60
Q4 24
$2.72
$1.29
Q3 24
$-0.47
$0.60
Q2 24
$1.23
$-0.07
Q1 24
$0.30
$0.13

Balance Sheet & Financial Strength

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

Metric
EQH
EQH
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$12.5B
$268.3M
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$-74.0M
$9.0B
Total Assets
$318.0B
$21.8B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQH
EQH
SWK
SWK
Q4 25
$12.5B
Q3 25
$13.6B
$268.3M
Q2 25
$15.0B
$311.8M
Q1 25
$8.2B
$344.8M
Q4 24
$7.0B
$290.5M
Q3 24
$9.6B
$298.7M
Q2 24
$9.7B
$318.5M
Q1 24
$10.4B
$476.6M
Total Debt
EQH
EQH
SWK
SWK
Q4 25
Q3 25
$5.3B
Q2 25
$5.6B
Q1 25
$5.6B
Q4 24
$6.1B
Q3 24
$6.1B
Q2 24
$6.1B
Q1 24
$6.1B
Stockholders' Equity
EQH
EQH
SWK
SWK
Q4 25
$-74.0M
Q3 25
$148.0M
$9.0B
Q2 25
$1.1B
$9.1B
Q1 25
$2.4B
$8.8B
Q4 24
$1.6B
$8.7B
Q3 24
$3.2B
$8.9B
Q2 24
$1.6B
$8.7B
Q1 24
$2.0B
$8.9B
Total Assets
EQH
EQH
SWK
SWK
Q4 25
$318.0B
Q3 25
$314.4B
$21.8B
Q2 25
$303.1B
$22.5B
Q1 25
$287.4B
$22.5B
Q4 24
$295.9B
$21.8B
Q3 24
$299.0B
$22.5B
Q2 24
$287.8B
$22.5B
Q1 24
$285.6B
$23.9B
Debt / Equity
EQH
EQH
SWK
SWK
Q4 25
Q3 25
0.59×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.70×
Q3 24
0.69×
Q2 24
0.70×
Q1 24
0.69×

Cash Flow & Capital Efficiency

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

Metric
EQH
EQH
SWK
SWK
Operating Cash FlowLast quarter
$-154.0M
$221.2M
Free Cash FlowOCF − Capex
$155.3M
FCF MarginFCF / Revenue
4.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
-0.72×
4.30×
TTM Free Cash FlowTrailing 4 quarters
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQH
EQH
SWK
SWK
Q4 25
$-154.0M
Q3 25
$369.0M
$221.2M
Q2 25
$341.0M
$214.3M
Q1 25
$158.0M
$-420.0M
Q4 24
$400.0M
$679.1M
Q3 24
$683.0M
$285.8M
Q2 24
$892.0M
$573.0M
Q1 24
$31.0M
$-431.0M
Free Cash Flow
EQH
EQH
SWK
SWK
Q4 25
Q3 25
$155.3M
Q2 25
$134.7M
Q1 25
$-485.0M
Q4 24
$564.6M
Q3 24
$199.3M
Q2 24
$485.8M
Q1 24
$-496.7M
FCF Margin
EQH
EQH
SWK
SWK
Q4 25
Q3 25
4.1%
Q2 25
3.4%
Q1 25
-13.0%
Q4 24
15.2%
Q3 24
5.3%
Q2 24
12.1%
Q1 24
-12.8%
Capex Intensity
EQH
EQH
SWK
SWK
Q4 25
Q3 25
1.8%
Q2 25
2.0%
Q1 25
1.7%
Q4 24
3.1%
Q3 24
2.3%
Q2 24
2.2%
Q1 24
1.7%
Cash Conversion
EQH
EQH
SWK
SWK
Q4 25
-0.72×
Q3 25
4.30×
Q2 25
2.10×
Q1 25
2.51×
-4.65×
Q4 24
0.44×
3.48×
Q3 24
3.14×
Q2 24
2.08×
Q1 24
0.27×
-22.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EQH
EQH

Other$1.5B46%
Asset Management$1.2B37%
Wealth Management$545.0M17%

SWK
SWK

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

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