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Side-by-side financial comparison of Macy's, Inc. (M) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Macy's, Inc. 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 0.2%, a 1.1% gap on every dollar of revenue. On growth, Stanley Black & Decker posted the faster year-over-year revenue change (0.1% vs -0.6%). Stanley Black & Decker produced more free cash flow last quarter ($155.3M vs $-101.0M). Over the past eight quarters, Stanley Black & Decker's revenue compounded faster (0.3% CAGR vs -23.8%).

Macy's, Inc. is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over Macy's, the old department store chain originally founded in 1858 by A...

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.

M vs SWK — Head-to-Head

Bigger by revenue
M
M
1.3× larger
M
$4.7B
$3.8B
SWK
Growing faster (revenue YoY)
SWK
SWK
+0.7% gap
SWK
0.1%
-0.6%
M
Higher net margin
SWK
SWK
1.1% more per $
SWK
1.4%
0.2%
M
More free cash flow
SWK
SWK
$256.3M more FCF
SWK
$155.3M
$-101.0M
M
Faster 2-yr revenue CAGR
SWK
SWK
Annualised
SWK
0.3%
-23.8%
M

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
M
M
SWK
SWK
Revenue
$4.7B
$3.8B
Net Profit
$11.0M
$51.4M
Gross Margin
39.4%
31.4%
Operating Margin
0.9%
Net Margin
0.2%
1.4%
Revenue YoY
-0.6%
0.1%
Net Profit YoY
-60.7%
-43.6%
EPS (diluted)
$0.04
$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
M
M
SWK
SWK
Q4 25
$4.7B
Q3 25
$4.8B
$3.8B
Q2 25
$4.6B
$3.9B
Q1 25
$7.8B
$3.7B
Q4 24
$4.7B
$3.7B
Q3 24
$4.9B
$3.8B
Q2 24
$4.8B
$4.0B
Q1 24
$8.1B
$3.9B
Net Profit
M
M
SWK
SWK
Q4 25
$11.0M
Q3 25
$87.0M
$51.4M
Q2 25
$38.0M
$101.9M
Q1 25
$342.0M
$90.4M
Q4 24
$28.0M
$194.9M
Q3 24
$150.0M
$91.1M
Q2 24
$62.0M
$-11.2M
Q1 24
$-71.0M
$19.5M
Gross Margin
M
M
SWK
SWK
Q4 25
39.4%
Q3 25
39.7%
31.4%
Q2 25
39.2%
27.0%
Q1 25
35.7%
29.9%
Q4 24
39.6%
30.8%
Q3 24
40.5%
29.9%
Q2 24
39.2%
28.4%
Q1 24
37.5%
28.6%
Operating Margin
M
M
SWK
SWK
Q4 25
0.9%
Q3 25
3.1%
Q2 25
2.0%
Q1 25
6.4%
Q4 24
1.3%
3.4%
Q3 24
4.5%
10.6%
Q2 24
2.6%
9.5%
Q1 24
-0.9%
8.3%
Net Margin
M
M
SWK
SWK
Q4 25
0.2%
Q3 25
1.8%
1.4%
Q2 25
0.8%
2.6%
Q1 25
4.4%
2.4%
Q4 24
0.6%
5.2%
Q3 24
3.0%
2.4%
Q2 24
1.3%
-0.3%
Q1 24
-0.9%
0.5%
EPS (diluted)
M
M
SWK
SWK
Q4 25
$0.04
Q3 25
$0.31
$0.34
Q2 25
$0.13
$0.67
Q1 25
$1.22
$0.60
Q4 24
$0.10
$1.29
Q3 24
$0.53
$0.60
Q2 24
$0.22
$-0.07
Q1 24
$-0.25
$0.13

Balance Sheet & Financial Strength

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

Metric
M
M
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$447.0M
$268.3M
Total DebtLower is stronger
$2.4B
$5.3B
Stockholders' EquityBook value
$4.3B
$9.0B
Total Assets
$17.1B
$21.8B
Debt / EquityLower = less leverage
0.56×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
M
M
SWK
SWK
Q4 25
$447.0M
Q3 25
$829.0M
$268.3M
Q2 25
$932.0M
$311.8M
Q1 25
$1.3B
$344.8M
Q4 24
$315.0M
$290.5M
Q3 24
$646.0M
$298.7M
Q2 24
$876.0M
$318.5M
Q1 24
$1.0B
$476.6M
Total Debt
M
M
SWK
SWK
Q4 25
$2.4B
Q3 25
$2.4B
$5.3B
Q2 25
$2.8B
$5.6B
Q1 25
$2.8B
$5.6B
Q4 24
$2.8B
$6.1B
Q3 24
$3.0B
$6.1B
Q2 24
$3.0B
$6.1B
Q1 24
$3.0B
$6.1B
Stockholders' Equity
M
M
SWK
SWK
Q4 25
$4.3B
Q3 25
$4.5B
$9.0B
Q2 25
$4.5B
$9.1B
Q1 25
$4.6B
$8.8B
Q4 24
$4.1B
$8.7B
Q3 24
$4.3B
$8.9B
Q2 24
$4.2B
$8.7B
Q1 24
$4.1B
$8.9B
Total Assets
M
M
SWK
SWK
Q4 25
$17.1B
Q3 25
$15.6B
$21.8B
Q2 25
$16.1B
$22.5B
Q1 25
$16.4B
$22.5B
Q4 24
$17.3B
$21.8B
Q3 24
$15.8B
$22.5B
Q2 24
$16.4B
$22.5B
Q1 24
$16.2B
$23.9B
Debt / Equity
M
M
SWK
SWK
Q4 25
0.56×
Q3 25
0.55×
0.59×
Q2 25
0.62×
0.62×
Q1 25
0.61×
0.63×
Q4 24
0.67×
0.70×
Q3 24
0.70×
0.69×
Q2 24
0.72×
0.70×
Q1 24
0.72×
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
M
M
SWK
SWK
Operating Cash FlowLast quarter
$-8.0M
$221.2M
Free Cash FlowOCF − Capex
$-101.0M
$155.3M
FCF MarginFCF / Revenue
-2.1%
4.1%
Capex IntensityCapex / Revenue
2.0%
1.8%
Cash ConversionOCF / Net Profit
-0.73×
4.30×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
M
M
SWK
SWK
Q4 25
$-8.0M
Q3 25
$319.0M
$221.2M
Q2 25
$-64.0M
$214.3M
Q1 25
$1.3B
$-420.0M
Q4 24
$-167.0M
$679.1M
Q3 24
$8.0M
$285.8M
Q2 24
$129.0M
$573.0M
Q1 24
$1.1B
$-431.0M
Free Cash Flow
M
M
SWK
SWK
Q4 25
$-101.0M
Q3 25
$240.0M
$155.3M
Q2 25
$-164.0M
$134.7M
Q1 25
$1.2B
$-485.0M
Q4 24
$-295.0M
$564.6M
Q3 24
$-109.0M
$199.3M
Q2 24
$-25.0M
$485.8M
Q1 24
$1.0B
$-496.7M
FCF Margin
M
M
SWK
SWK
Q4 25
-2.1%
Q3 25
5.0%
4.1%
Q2 25
-3.6%
3.4%
Q1 25
15.3%
-13.0%
Q4 24
-6.2%
15.2%
Q3 24
-2.2%
5.3%
Q2 24
-0.5%
12.1%
Q1 24
12.3%
-12.8%
Capex Intensity
M
M
SWK
SWK
Q4 25
2.0%
Q3 25
1.6%
1.8%
Q2 25
2.2%
2.0%
Q1 25
1.5%
1.7%
Q4 24
2.7%
3.1%
Q3 24
2.4%
2.3%
Q2 24
3.2%
2.2%
Q1 24
1.8%
1.7%
Cash Conversion
M
M
SWK
SWK
Q4 25
-0.73×
Q3 25
3.67×
4.30×
Q2 25
-1.68×
2.10×
Q1 25
3.82×
-4.65×
Q4 24
-5.96×
3.48×
Q3 24
0.05×
3.14×
Q2 24
2.08×
Q1 24
-22.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

M
M

Womens Accessories Shoes Cosmetics And Fragrances$1.9B41%
Womens Apparel$1.1B23%
Mens And Kids$1.0B22%
Home Other$638.0M14%
Credit Card Revenues Net$158.0M3%
Macys Media Network Revenue Net$42.0M1%

SWK
SWK

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

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