vs
Side-by-side financial comparison of Kyndryl Holdings, Inc. (KD) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.
Kyndryl Holdings, Inc. is the larger business by last-quarter revenue ($3.9B vs $3.8B, roughly 1.0× Stanley Black & Decker). Kyndryl Holdings, Inc. runs the higher net margin — 1.5% vs 1.4%, a 0.1% gap on every dollar of revenue. On growth, Kyndryl Holdings, Inc. posted the faster year-over-year revenue change (3.1% vs 0.1%). Kyndryl Holdings, Inc. produced more free cash flow last quarter ($208.0M vs $155.3M). Over the past eight quarters, Stanley Black & Decker's revenue compounded faster (0.3% CAGR vs 0.1%).
Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider, headquartered in New York City and created from the spin-off of IBM's infrastructure services business in 2021. The company designs, builds, manages and develops large-scale information systems. The company also has business advisory services. It is currently the world's largest IT infrastructure services provider, and the fifth-largest consulting provider.
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.
KD vs SWK — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.9B | $3.8B |
| Net Profit | $57.0M | $51.4M |
| Gross Margin | 21.8% | 31.4% |
| Operating Margin | 2.4% | — |
| Net Margin | 1.5% | 1.4% |
| Revenue YoY | 3.1% | 0.1% |
| Net Profit YoY | -73.5% | -43.6% |
| EPS (diluted) | $0.25 | $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.
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.7B | $3.8B | ||
| Q2 25 | $3.7B | $3.9B | ||
| Q1 25 | $3.8B | $3.7B | ||
| Q4 24 | $3.7B | $3.7B | ||
| Q3 24 | $3.8B | $3.8B | ||
| Q2 24 | $3.7B | $4.0B | ||
| Q1 24 | $3.9B | $3.9B |
| Q4 25 | $57.0M | — | ||
| Q3 25 | $68.0M | $51.4M | ||
| Q2 25 | $56.0M | $101.9M | ||
| Q1 25 | $69.0M | $90.4M | ||
| Q4 24 | $215.0M | $194.9M | ||
| Q3 24 | $-43.0M | $91.1M | ||
| Q2 24 | $11.0M | $-11.2M | ||
| Q1 24 | $-45.0M | $19.5M |
| Q4 25 | 21.8% | — | ||
| Q3 25 | 21.5% | 31.4% | ||
| Q2 25 | 21.3% | 27.0% | ||
| Q1 25 | 21.7% | 29.9% | ||
| Q4 24 | 20.4% | 30.8% | ||
| Q3 24 | 19.9% | 29.9% | ||
| Q2 24 | 21.5% | 28.4% | ||
| Q1 24 | 18.6% | 28.6% |
| Q4 25 | 2.4% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 6.9% | 3.4% | ||
| Q3 24 | -0.1% | 10.6% | ||
| Q2 24 | 1.7% | 9.5% | ||
| Q1 24 | -0.1% | 8.3% |
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.8% | 1.4% | ||
| Q2 25 | 1.5% | 2.6% | ||
| Q1 25 | 1.8% | 2.4% | ||
| Q4 24 | 5.7% | 5.2% | ||
| Q3 24 | -1.1% | 2.4% | ||
| Q2 24 | 0.3% | -0.3% | ||
| Q1 24 | -1.2% | 0.5% |
| Q4 25 | $0.25 | — | ||
| Q3 25 | $0.29 | $0.34 | ||
| Q2 25 | $0.23 | $0.67 | ||
| Q1 25 | $0.30 | $0.60 | ||
| Q4 24 | $0.89 | $1.29 | ||
| Q3 24 | $-0.19 | $0.60 | ||
| Q2 24 | $0.05 | $-0.07 | ||
| Q1 24 | $-0.19 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $268.3M |
| Total DebtLower is stronger | $2.3B | $5.3B |
| Stockholders' EquityBook value | $1.2B | $9.0B |
| Total Assets | $11.3B | $21.8B |
| Debt / EquityLower = less leverage | 1.92× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $268.3M | ||
| Q2 25 | $1.5B | $311.8M | ||
| Q1 25 | $1.8B | $344.8M | ||
| Q4 24 | $1.5B | $290.5M | ||
| Q3 24 | $1.3B | $298.7M | ||
| Q2 24 | $1.3B | $318.5M | ||
| Q1 24 | $1.6B | $476.6M |
| Q4 25 | $2.3B | — | ||
| Q3 25 | $3.0B | $5.3B | ||
| Q2 25 | $3.0B | $5.6B | ||
| Q1 25 | $3.0B | $5.6B | ||
| Q4 24 | $3.1B | $6.1B | ||
| Q3 24 | $3.1B | $6.1B | ||
| Q2 24 | $3.1B | $6.1B | ||
| Q1 24 | $3.1B | $6.1B |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $9.0B | ||
| Q2 25 | $1.2B | $9.1B | ||
| Q1 25 | $1.2B | $8.8B | ||
| Q4 24 | $1.1B | $8.7B | ||
| Q3 24 | $1.1B | $8.9B | ||
| Q2 24 | $996.0M | $8.7B | ||
| Q1 24 | $1.0B | $8.9B |
| Q4 25 | $11.3B | — | ||
| Q3 25 | $11.2B | $21.8B | ||
| Q2 25 | $11.5B | $22.5B | ||
| Q1 25 | $10.5B | $22.5B | ||
| Q4 24 | $9.9B | $21.8B | ||
| Q3 24 | $10.4B | $22.5B | ||
| Q2 24 | $10.2B | $22.5B | ||
| Q1 24 | $10.6B | $23.9B |
| Q4 25 | 1.92× | — | ||
| Q3 25 | 2.45× | 0.59× | ||
| Q2 25 | 2.44× | 0.62× | ||
| Q1 25 | 2.50× | 0.63× | ||
| Q4 24 | 2.81× | 0.70× | ||
| Q3 24 | 2.92× | 0.69× | ||
| Q2 24 | 3.12× | 0.70× | ||
| Q1 24 | 3.07× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $428.0M | $221.2M |
| Free Cash FlowOCF − Capex | $208.0M | $155.3M |
| FCF MarginFCF / Revenue | 5.4% | 4.1% |
| Capex IntensityCapex / Revenue | 5.7% | 1.8% |
| Cash ConversionOCF / Net Profit | 7.51× | 4.30× |
| TTM Free Cash FlowTrailing 4 quarters | $299.0M | $369.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $428.0M | — | ||
| Q3 25 | $146.0M | $221.2M | ||
| Q2 25 | $-124.0M | $214.3M | ||
| Q1 25 | $581.0M | $-420.0M | ||
| Q4 24 | $260.0M | $679.1M | ||
| Q3 24 | $149.0M | $285.8M | ||
| Q2 24 | $-48.0M | $573.0M | ||
| Q1 24 | $145.0M | $-431.0M |
| Q4 25 | $208.0M | — | ||
| Q3 25 | $17.0M | $155.3M | ||
| Q2 25 | $-267.0M | $134.7M | ||
| Q1 25 | $341.0M | $-485.0M | ||
| Q4 24 | $151.0M | $564.6M | ||
| Q3 24 | $15.0M | $199.3M | ||
| Q2 24 | $-170.0M | $485.8M | ||
| Q1 24 | $-57.0M | $-496.7M |
| Q4 25 | 5.4% | — | ||
| Q3 25 | 0.5% | 4.1% | ||
| Q2 25 | -7.1% | 3.4% | ||
| Q1 25 | 9.0% | -13.0% | ||
| Q4 24 | 4.0% | 15.2% | ||
| Q3 24 | 0.4% | 5.3% | ||
| Q2 24 | -4.5% | 12.1% | ||
| Q1 24 | -1.5% | -12.8% |
| Q4 25 | 5.7% | — | ||
| Q3 25 | 3.5% | 1.8% | ||
| Q2 25 | 3.8% | 2.0% | ||
| Q1 25 | 6.3% | 1.7% | ||
| Q4 24 | 2.9% | 3.1% | ||
| Q3 24 | 3.6% | 2.3% | ||
| Q2 24 | 3.3% | 2.2% | ||
| Q1 24 | 5.2% | 1.7% |
| Q4 25 | 7.51× | — | ||
| Q3 25 | 2.15× | 4.30× | ||
| Q2 25 | -2.21× | 2.10× | ||
| Q1 25 | 8.42× | -4.65× | ||
| Q4 24 | 1.21× | 3.48× | ||
| Q3 24 | — | 3.14× | ||
| Q2 24 | -4.36× | — | ||
| Q1 24 | — | -22.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
