vs

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

Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $2.1B, roughly 1.8× Zimmer Biomet). Zimmer Biomet runs the higher net margin — 11.4% vs 1.4%, a 10.1% gap on every dollar of revenue. On growth, Zimmer Biomet posted the faster year-over-year revenue change (9.3% vs 0.1%). Zimmer Biomet produced more free cash flow last quarter ($245.9M vs $155.3M). Over the past eight quarters, Zimmer Biomet's revenue compounded faster (3.7% 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.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

SWK vs ZBH — Head-to-Head

Bigger by revenue
SWK
SWK
1.8× larger
SWK
$3.8B
$2.1B
ZBH
Growing faster (revenue YoY)
ZBH
ZBH
+9.2% gap
ZBH
9.3%
0.1%
SWK
Higher net margin
ZBH
ZBH
10.1% more per $
ZBH
11.4%
1.4%
SWK
More free cash flow
ZBH
ZBH
$90.6M more FCF
ZBH
$245.9M
$155.3M
SWK
Faster 2-yr revenue CAGR
ZBH
ZBH
Annualised
ZBH
3.7%
0.3%
SWK

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
SWK
SWK
ZBH
ZBH
Revenue
$3.8B
$2.1B
Net Profit
$51.4M
$238.3M
Gross Margin
31.4%
64.6%
Operating Margin
17.9%
Net Margin
1.4%
11.4%
Revenue YoY
0.1%
9.3%
Net Profit YoY
-43.6%
30.5%
EPS (diluted)
$0.34
$1.22

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
ZBH
ZBH
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$3.8B
$2.0B
Q2 25
$3.9B
$2.1B
Q1 25
$3.7B
$1.9B
Q4 24
$3.7B
$2.0B
Q3 24
$3.8B
$1.8B
Q2 24
$4.0B
$1.9B
Net Profit
SWK
SWK
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$139.4M
Q3 25
$51.4M
$230.9M
Q2 25
$101.9M
$152.8M
Q1 25
$90.4M
$182.0M
Q4 24
$194.9M
$239.5M
Q3 24
$91.1M
$249.1M
Q2 24
$-11.2M
$242.8M
Gross Margin
SWK
SWK
ZBH
ZBH
Q1 26
64.6%
Q4 25
64.7%
Q3 25
31.4%
72.1%
Q2 25
27.0%
71.5%
Q1 25
29.9%
71.2%
Q4 24
30.8%
71.0%
Q3 24
29.9%
70.5%
Q2 24
28.4%
71.5%
Operating Margin
SWK
SWK
ZBH
ZBH
Q1 26
17.9%
Q4 25
6.9%
Q3 25
17.6%
Q2 25
14.4%
Q1 25
15.3%
Q4 24
3.4%
19.2%
Q3 24
10.6%
15.3%
Q2 24
9.5%
18.1%
Net Margin
SWK
SWK
ZBH
ZBH
Q1 26
11.4%
Q4 25
6.2%
Q3 25
1.4%
11.5%
Q2 25
2.6%
7.4%
Q1 25
2.4%
9.5%
Q4 24
5.2%
11.8%
Q3 24
2.4%
13.7%
Q2 24
-0.3%
12.5%
EPS (diluted)
SWK
SWK
ZBH
ZBH
Q1 26
$1.22
Q4 25
$0.71
Q3 25
$0.34
$1.16
Q2 25
$0.67
$0.77
Q1 25
$0.60
$0.91
Q4 24
$1.29
$1.18
Q3 24
$0.60
$1.23
Q2 24
$-0.07
$1.18

Balance Sheet & Financial Strength

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

Metric
SWK
SWK
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$268.3M
$424.2M
Total DebtLower is stronger
$5.3B
$7.5B
Stockholders' EquityBook value
$9.0B
$12.7B
Total Assets
$21.8B
$22.7B
Debt / EquityLower = less leverage
0.59×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWK
SWK
ZBH
ZBH
Q1 26
$424.2M
Q4 25
$591.9M
Q3 25
$268.3M
$1.3B
Q2 25
$311.8M
$556.9M
Q1 25
$344.8M
$1.4B
Q4 24
$290.5M
$525.5M
Q3 24
$298.7M
$569.0M
Q2 24
$318.5M
$420.1M
Total Debt
SWK
SWK
ZBH
ZBH
Q1 26
$7.5B
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
ZBH
ZBH
Q1 26
$12.7B
Q4 25
$12.7B
Q3 25
$9.0B
$12.8B
Q2 25
$9.1B
$12.5B
Q1 25
$8.8B
$12.4B
Q4 24
$8.7B
$12.5B
Q3 24
$8.9B
$12.4B
Q2 24
$8.7B
$12.7B
Total Assets
SWK
SWK
ZBH
ZBH
Q1 26
$22.7B
Q4 25
$23.1B
Q3 25
$21.8B
$23.5B
Q2 25
$22.5B
$22.9B
Q1 25
$22.5B
$22.2B
Q4 24
$21.8B
$21.4B
Q3 24
$22.5B
$21.7B
Q2 24
$22.5B
$21.5B
Debt / Equity
SWK
SWK
ZBH
ZBH
Q1 26
0.59×
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
ZBH
ZBH
Operating Cash FlowLast quarter
$221.2M
$359.4M
Free Cash FlowOCF − Capex
$155.3M
$245.9M
FCF MarginFCF / Revenue
4.1%
11.8%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.30×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$369.6M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWK
SWK
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$517.4M
Q3 25
$221.2M
$418.7M
Q2 25
$214.3M
$378.2M
Q1 25
$-420.0M
$382.8M
Q4 24
$679.1M
$506.3M
Q3 24
$285.8M
$395.7M
Q2 24
$573.0M
$369.4M
Free Cash Flow
SWK
SWK
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$442.6M
Q3 25
$155.3M
$363.7M
Q2 25
$134.7M
$328.1M
Q1 25
$-485.0M
$338.2M
Q4 24
$564.6M
$454.8M
Q3 24
$199.3M
$351.2M
Q2 24
$485.8M
$316.7M
FCF Margin
SWK
SWK
ZBH
ZBH
Q1 26
11.8%
Q4 25
19.7%
Q3 25
4.1%
18.2%
Q2 25
3.4%
15.8%
Q1 25
-13.0%
17.7%
Q4 24
15.2%
22.5%
Q3 24
5.3%
19.3%
Q2 24
12.1%
16.3%
Capex Intensity
SWK
SWK
ZBH
ZBH
Q1 26
Q4 25
3.3%
Q3 25
1.8%
2.7%
Q2 25
2.0%
2.4%
Q1 25
1.7%
2.3%
Q4 24
3.1%
2.5%
Q3 24
2.3%
2.4%
Q2 24
2.2%
2.7%
Cash Conversion
SWK
SWK
ZBH
ZBH
Q1 26
1.51×
Q4 25
3.71×
Q3 25
4.30×
1.81×
Q2 25
2.10×
2.48×
Q1 25
-4.65×
2.10×
Q4 24
3.48×
2.11×
Q3 24
3.14×
1.59×
Q2 24
1.52×

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%

ZBH
ZBH

Segment breakdown not available.

Related Comparisons