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

International Paper is the larger business by last-quarter revenue ($4.7B vs $3.8B, roughly 1.3× Stanley Black & Decker). Stanley Black & Decker runs the higher net margin — 1.4% vs -50.3%, a 51.6% gap on every dollar of revenue. On growth, International Paper posted the faster year-over-year revenue change (3.6% vs 0.1%). International Paper produced more free cash flow last quarter ($255.0M vs $155.3M). Over the past eight quarters, International Paper's revenue compounded faster (1.3% CAGR vs 0.3%).

The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.

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.

IP vs SWK — Head-to-Head

Bigger by revenue
IP
IP
1.3× larger
IP
$4.7B
$3.8B
SWK
Growing faster (revenue YoY)
IP
IP
+3.5% gap
IP
3.6%
0.1%
SWK
Higher net margin
SWK
SWK
51.6% more per $
SWK
1.4%
-50.3%
IP
More free cash flow
IP
IP
$99.7M more FCF
IP
$255.0M
$155.3M
SWK
Faster 2-yr revenue CAGR
IP
IP
Annualised
IP
1.3%
0.3%
SWK

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IP
IP
SWK
SWK
Revenue
$4.7B
$3.8B
Net Profit
$-2.4B
$51.4M
Gross Margin
32.2%
31.4%
Operating Margin
-56.4%
Net Margin
-50.3%
1.4%
Revenue YoY
3.6%
0.1%
Net Profit YoY
-1521.8%
-43.6%
EPS (diluted)
$-4.76
$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
IP
IP
SWK
SWK
Q4 25
$4.7B
Q3 25
$6.2B
$3.8B
Q2 25
$6.8B
$3.9B
Q1 25
$5.9B
$3.7B
Q4 24
$4.6B
$3.7B
Q3 24
$4.7B
$3.8B
Q2 24
$4.7B
$4.0B
Q1 24
$4.6B
$3.9B
Net Profit
IP
IP
SWK
SWK
Q4 25
$-2.4B
Q3 25
$-1.1B
$51.4M
Q2 25
$75.0M
$101.9M
Q1 25
$-105.0M
$90.4M
Q4 24
$-147.0M
$194.9M
Q3 24
$150.0M
$91.1M
Q2 24
$498.0M
$-11.2M
Q1 24
$56.0M
$19.5M
Gross Margin
IP
IP
SWK
SWK
Q4 25
32.2%
Q3 25
31.1%
31.4%
Q2 25
27.9%
27.0%
Q1 25
27.8%
29.9%
Q4 24
29.0%
30.8%
Q3 24
28.7%
29.9%
Q2 24
29.0%
28.4%
Q1 24
25.9%
28.6%
Operating Margin
IP
IP
SWK
SWK
Q4 25
-56.4%
Q3 25
-10.8%
Q2 25
1.7%
Q1 25
-2.3%
Q4 24
-4.9%
3.4%
Q3 24
5.1%
10.6%
Q2 24
6.8%
9.5%
Q1 24
3.7%
8.3%
Net Margin
IP
IP
SWK
SWK
Q4 25
-50.3%
Q3 25
-17.7%
1.4%
Q2 25
1.1%
2.6%
Q1 25
-1.8%
2.4%
Q4 24
-3.2%
5.2%
Q3 24
3.2%
2.4%
Q2 24
10.5%
-0.3%
Q1 24
1.2%
0.5%
EPS (diluted)
IP
IP
SWK
SWK
Q4 25
$-4.76
Q3 25
$-2.09
$0.34
Q2 25
$0.14
$0.67
Q1 25
$-0.24
$0.60
Q4 24
$-0.42
$1.29
Q3 24
$0.42
$0.60
Q2 24
$1.41
$-0.07
Q1 24
$0.16
$0.13

Balance Sheet & Financial Strength

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

Metric
IP
IP
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$1.1B
$268.3M
Total DebtLower is stronger
$8.8B
$5.3B
Stockholders' EquityBook value
$14.8B
$9.0B
Total Assets
$38.0B
$21.8B
Debt / EquityLower = less leverage
0.60×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IP
IP
SWK
SWK
Q4 25
$1.1B
Q3 25
$995.0M
$268.3M
Q2 25
$1.1B
$311.8M
Q1 25
$1.2B
$344.8M
Q4 24
$1.2B
$290.5M
Q3 24
$1.2B
$298.7M
Q2 24
$1.0B
$318.5M
Q1 24
$1.1B
$476.6M
Total Debt
IP
IP
SWK
SWK
Q4 25
$8.8B
Q3 25
$9.0B
$5.3B
Q2 25
$9.7B
$5.6B
Q1 25
$9.2B
$5.6B
Q4 24
$5.4B
$6.1B
Q3 24
$5.3B
$6.1B
Q2 24
$5.3B
$6.1B
Q1 24
$5.5B
$6.1B
Stockholders' Equity
IP
IP
SWK
SWK
Q4 25
$14.8B
Q3 25
$17.3B
$9.0B
Q2 25
$18.6B
$9.1B
Q1 25
$18.1B
$8.8B
Q4 24
$8.2B
$8.7B
Q3 24
$8.6B
$8.9B
Q2 24
$8.6B
$8.7B
Q1 24
$8.3B
$8.9B
Total Assets
IP
IP
SWK
SWK
Q4 25
$38.0B
Q3 25
$40.6B
$21.8B
Q2 25
$42.4B
$22.5B
Q1 25
$41.2B
$22.5B
Q4 24
$22.8B
$21.8B
Q3 24
$23.2B
$22.5B
Q2 24
$23.1B
$22.5B
Q1 24
$23.0B
$23.9B
Debt / Equity
IP
IP
SWK
SWK
Q4 25
0.60×
Q3 25
0.52×
0.59×
Q2 25
0.52×
0.62×
Q1 25
0.51×
0.63×
Q4 24
0.66×
0.70×
Q3 24
0.62×
0.69×
Q2 24
0.62×
0.70×
Q1 24
0.66×
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
IP
IP
SWK
SWK
Operating Cash FlowLast quarter
$905.0M
$221.2M
Free Cash FlowOCF − Capex
$255.0M
$155.3M
FCF MarginFCF / Revenue
5.4%
4.1%
Capex IntensityCapex / Revenue
13.7%
1.8%
Cash ConversionOCF / Net Profit
4.30×
TTM Free Cash FlowTrailing 4 quarters
$-159.0M
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IP
IP
SWK
SWK
Q4 25
$905.0M
Q3 25
$605.0M
$221.2M
Q2 25
$476.0M
$214.3M
Q1 25
$-288.0M
$-420.0M
Q4 24
$397.0M
$679.1M
Q3 24
$521.0M
$285.8M
Q2 24
$365.0M
$573.0M
Q1 24
$395.0M
$-431.0M
Free Cash Flow
IP
IP
SWK
SWK
Q4 25
$255.0M
Q3 25
$150.0M
$155.3M
Q2 25
$54.0M
$134.7M
Q1 25
$-618.0M
$-485.0M
Q4 24
$137.0M
$564.6M
Q3 24
$309.0M
$199.3M
Q2 24
$167.0M
$485.8M
Q1 24
$144.0M
$-496.7M
FCF Margin
IP
IP
SWK
SWK
Q4 25
5.4%
Q3 25
2.4%
4.1%
Q2 25
0.8%
3.4%
Q1 25
-10.5%
-13.0%
Q4 24
3.0%
15.2%
Q3 24
6.6%
5.3%
Q2 24
3.5%
12.1%
Q1 24
3.1%
-12.8%
Capex Intensity
IP
IP
SWK
SWK
Q4 25
13.7%
Q3 25
7.3%
1.8%
Q2 25
6.2%
2.0%
Q1 25
5.6%
1.7%
Q4 24
5.7%
3.1%
Q3 24
4.5%
2.3%
Q2 24
4.2%
2.2%
Q1 24
5.4%
1.7%
Cash Conversion
IP
IP
SWK
SWK
Q4 25
Q3 25
4.30×
Q2 25
6.35×
2.10×
Q1 25
-4.65×
Q4 24
3.48×
Q3 24
3.47×
3.14×
Q2 24
0.73×
Q1 24
7.05×
-22.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IP
IP

Other$2.4B52%
DS Smith Packaging$2.3B48%

SWK
SWK

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

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