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

TE Connectivity is the larger business by last-quarter revenue ($4.7B vs $3.8B, roughly 1.3× Stanley Black & Decker). TE Connectivity runs the higher net margin — 18.0% vs 1.4%, a 16.7% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (14.5% vs 0.1%). TE Connectivity produced more free cash flow last quarter ($680.0M vs $155.3M). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs 0.3%).

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.

TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.

SWK vs TEL — Head-to-Head

Bigger by revenue
TEL
TEL
1.3× larger
TEL
$4.7B
$3.8B
SWK
Growing faster (revenue YoY)
TEL
TEL
+14.4% gap
TEL
14.5%
0.1%
SWK
Higher net margin
TEL
TEL
16.7% more per $
TEL
18.0%
1.4%
SWK
More free cash flow
TEL
TEL
$524.7M more FCF
TEL
$680.0M
$155.3M
SWK
Faster 2-yr revenue CAGR
TEL
TEL
Annualised
TEL
9.2%
0.3%
SWK

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
SWK
SWK
TEL
TEL
Revenue
$3.8B
$4.7B
Net Profit
$51.4M
$855.0M
Gross Margin
31.4%
36.8%
Operating Margin
20.1%
Net Margin
1.4%
18.0%
Revenue YoY
0.1%
14.5%
Net Profit YoY
-43.6%
58.0%
EPS (diluted)
$0.34
$2.90

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
SWK
SWK
TEL
TEL
Q1 26
$4.7B
Q4 25
$4.7B
Q3 25
$3.8B
$4.7B
Q2 25
$3.9B
$4.5B
Q1 25
$3.7B
$4.1B
Q4 24
$3.7B
$3.8B
Q3 24
$3.8B
$4.1B
Q2 24
$4.0B
$4.0B
Net Profit
SWK
SWK
TEL
TEL
Q1 26
$855.0M
Q4 25
$750.0M
Q3 25
$51.4M
$663.0M
Q2 25
$101.9M
$638.0M
Q1 25
$90.4M
$13.0M
Q4 24
$194.9M
$528.0M
Q3 24
$91.1M
$276.0M
Q2 24
$-11.2M
$573.0M
Gross Margin
SWK
SWK
TEL
TEL
Q1 26
36.8%
Q4 25
37.2%
Q3 25
31.4%
35.0%
Q2 25
27.0%
35.3%
Q1 25
29.9%
35.2%
Q4 24
30.8%
35.5%
Q3 24
29.9%
34.0%
Q2 24
28.4%
34.8%
Operating Margin
SWK
SWK
TEL
TEL
Q1 26
20.1%
Q4 25
20.6%
Q3 25
19.3%
Q2 25
18.9%
Q1 25
18.1%
Q4 24
3.4%
18.0%
Q3 24
10.6%
16.0%
Q2 24
9.5%
19.0%
Net Margin
SWK
SWK
TEL
TEL
Q1 26
18.0%
Q4 25
16.1%
Q3 25
1.4%
14.0%
Q2 25
2.6%
14.1%
Q1 25
2.4%
0.3%
Q4 24
5.2%
13.8%
Q3 24
2.4%
6.8%
Q2 24
-0.3%
14.4%
EPS (diluted)
SWK
SWK
TEL
TEL
Q1 26
$2.90
Q4 25
$2.53
Q3 25
$0.34
$2.23
Q2 25
$0.67
$2.14
Q1 25
$0.60
$0.04
Q4 24
$1.29
$1.75
Q3 24
$0.60
$0.96
Q2 24
$-0.07
$1.86

Balance Sheet & Financial Strength

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

Metric
SWK
SWK
TEL
TEL
Cash + ST InvestmentsLiquidity on hand
$268.3M
$1.1B
Total DebtLower is stronger
$5.3B
$5.7B
Stockholders' EquityBook value
$9.0B
$13.2B
Total Assets
$21.8B
$25.7B
Debt / EquityLower = less leverage
0.59×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWK
SWK
TEL
TEL
Q1 26
$1.1B
Q4 25
$1.3B
Q3 25
$268.3M
$1.3B
Q2 25
$311.8M
$672.0M
Q1 25
$344.8M
$2.6B
Q4 24
$290.5M
$1.3B
Q3 24
$298.7M
$1.3B
Q2 24
$318.5M
$1.5B
Total Debt
SWK
SWK
TEL
TEL
Q1 26
$5.7B
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
Stockholders' Equity
SWK
SWK
TEL
TEL
Q1 26
$13.2B
Q4 25
$13.0B
Q3 25
$9.0B
$12.6B
Q2 25
$9.1B
$12.4B
Q1 25
$8.8B
$12.1B
Q4 24
$8.7B
$12.4B
Q3 24
$8.9B
$12.4B
Q2 24
$8.7B
$12.6B
Total Assets
SWK
SWK
TEL
TEL
Q1 26
$25.7B
Q4 25
$25.6B
Q3 25
$21.8B
$25.1B
Q2 25
$22.5B
$24.9B
Q1 25
$22.5B
$23.7B
Q4 24
$21.8B
$22.4B
Q3 24
$22.5B
$22.9B
Q2 24
$22.5B
$22.9B
Debt / Equity
SWK
SWK
TEL
TEL
Q1 26
0.43×
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×

Cash Flow & Capital Efficiency

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

Metric
SWK
SWK
TEL
TEL
Operating Cash FlowLast quarter
$221.2M
$947.0M
Free Cash FlowOCF − Capex
$155.3M
$680.0M
FCF MarginFCF / Revenue
4.1%
14.3%
Capex IntensityCapex / Revenue
1.8%
5.7%
Cash ConversionOCF / Net Profit
4.30×
1.11×
TTM Free Cash FlowTrailing 4 quarters
$369.6M
$3.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWK
SWK
TEL
TEL
Q1 26
$947.0M
Q4 25
$865.0M
Q3 25
$221.2M
$1.4B
Q2 25
$214.3M
$1.2B
Q1 25
$-420.0M
$653.0M
Q4 24
$679.1M
$878.0M
Q3 24
$285.8M
$1.0B
Q2 24
$573.0M
$1.0B
Free Cash Flow
SWK
SWK
TEL
TEL
Q1 26
$680.0M
Q4 25
$607.0M
Q3 25
$155.3M
$1.1B
Q2 25
$134.7M
$957.0M
Q1 25
$-485.0M
$423.0M
Q4 24
$564.6M
$673.0M
Q3 24
$199.3M
$829.0M
Q2 24
$485.8M
$857.0M
FCF Margin
SWK
SWK
TEL
TEL
Q1 26
14.3%
Q4 25
13.0%
Q3 25
4.1%
24.2%
Q2 25
3.4%
21.1%
Q1 25
-13.0%
10.2%
Q4 24
15.2%
17.5%
Q3 24
5.3%
20.4%
Q2 24
12.1%
21.5%
Capex Intensity
SWK
SWK
TEL
TEL
Q1 26
5.7%
Q4 25
5.5%
Q3 25
1.8%
5.7%
Q2 25
2.0%
5.1%
Q1 25
1.7%
5.6%
Q4 24
3.1%
5.3%
Q3 24
2.3%
5.2%
Q2 24
2.2%
3.7%
Cash Conversion
SWK
SWK
TEL
TEL
Q1 26
1.11×
Q4 25
1.15×
Q3 25
4.30×
2.14×
Q2 25
2.10×
1.86×
Q1 25
-4.65×
50.23×
Q4 24
3.48×
1.66×
Q3 24
3.14×
3.78×
Q2 24
1.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SWK
SWK

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

TEL
TEL

Segment breakdown not available.

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