The company said full-year 2024 revenue was $15.4 billion, down 3% from the prior year, and fourth-quarter revenue was $3.7 billion, flat with the prior year. It said organic growth of 3% in Q4 was offset by the Infrastructure divestiture and currency impacts.

1. 01

   The company said full-year 2024 revenue was $15.4 billion, down 3% from the prior year, and fourth-quarter revenue was $3.7 billion, flat with the prior year. It said organic growth of 3% in Q4 was offset by the Infrastructure divestiture and currency impacts.

2. 02

   Stanley Black & Decker said gross margin for Q4 was 30.8%, compared with 29.6% a year earlier, up 120 basis points. Adjusted gross margin was 31.2%, up 140 basis points. The company cited supply chain transformation efficiencies as the main driver of the higher adjusted gross margin.

3. 03

   The company said full-year 2024 cash from operating activities was $1,107 million and free cash flow was $753 million, which supported a total of $1.1 billion in debt reduction for the year. Fourth-quarter cash from operating activities was $679 million and free cash flow was $565 million.

4. 04

   Stanley Black & Decker said its 2025 planning assumptions, excluding new tariffs, call for GAAP EPS of $4.05 (+/- $0.65), adjusted EPS of $5.25 (+/- $0.50) and free cash flow of $750 million (+/- $100 million). The company said it will provide tariff scenario planning on its earnings call on the day of the release.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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