Stanley Black & Decker (SWK) Operating Expenses (2009 - 2026)
Stanley Black & Decker's (SWK) quarterly Operating Expenses came in at $3.5 billion in Q3 2026, down 11.66% on a YoY basis from $3.9 billion in Q3 2025, and down 7.97% quarter-over-quarter from $3.8 billion in Q2 2026.
Analysis
Stanley Black & Decker (SWK) Operating Expenses (2009 - 2026) Analysis & Trends
Stanley Black & Decker (SWK) has reported Operating Expenses for 18 consecutive years, with $3.5 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses fell 11.66% year-over-year to $3.5 billion; the trailing twelve-month figure through Jul 2026 stood at $14.4 billion (down 2.65% YoY), and the FY2026 full-year result was $14.7 billion, down 2.72% from the prior year.
- Operating Expenses slipped to $3.5 billion in Q3 2026 per SWK's latest filing, from $3.8 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.4 billion in Q3 2022 and bottomed at $3.5 billion in Q1 2026.
- Historically, Operating Expenses has averaged $3.9 billion across 5 years, with a median of $3.9 billion in 2025.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 35.65% in 2022, then slipped 11.66% in 2026.
- Over 5 years, Operating Expenses stood at $4.1 billion in 2022, then dropped by 7.82% to $3.8 billion in 2023, then dropped by 5.77% to $3.6 billion in 2024, then increased by 3.49% to $3.7 billion in 2025, then slipped by 6.95% to $3.5 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.5 billion, $3.8 billion, and $3.5 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.54 Bn | 17.89 Bn | 635.20 Mn | 370.70 Mn |
| 2 | Lincoln Electric Holdings | 14.85 Bn | 14.61 Bn | 449.00 Mn | 228.35 Mn |
| 3 | Stanley Black & Decker | 13.78 Bn | 13.19 Bn | 1.31 Bn | 3.46 Bn |
| 4 | Esab | 4.49 Bn | 4.27 Bn | 307.21 Mn | 228.49 Mn |
| 5 | Vontier | 4.44 Bn | 4.18 Bn | 365.00 Mn | 202.70 Mn |
| 6 | Brady | 4.13 Bn | 3.94 Bn | 231.13 Mn | 171.02 Mn |
| 7 | Kennametal | 2.26 Bn | 2.16 Bn | 433.56 Mn | 128.29 Mn |
| 8 | Enerpac Tool | 1.86 Bn | 1.75 Bn | 88.78 Mn | 45.82 Mn |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 135.44 Mn |
| 10 | Lakeland Industries | 109.62 Mn | 92.20 Mn | 14.89 Mn | 19.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 3.46 Bn |
| Apr 4, 2026 | 3.76 Bn |
| Jan 3, 2026 | 3.46 Bn |
| Sep 27, 2025 | 3.72 Bn |
| Jun 28, 2025 | 3.92 Bn |
| Mar 29, 2025 | 3.62 Bn |
| Dec 28, 2024 | 3.60 Bn |
| Sep 28, 2024 | 3.66 Bn |
| Jun 29, 2024 | 4.05 Bn |
| Mar 30, 2024 | 3.82 Bn |
| Dec 30, 2023 | 3.82 Bn |
| Sep 30, 2023 | 4.01 Bn |
| Jul 1, 2023 | 4.23 Bn |
| Apr 1, 2023 | 4.10 Bn |
| Dec 31, 2022 | 4.14 Bn |
| Oct 1, 2022 | 4.12 Bn |
| Jul 2, 2022 | 4.38 Bn |
| Apr 2, 2022 | 4.27 Bn |
| Jan 1, 2022 | 4.29 Bn |
| Oct 2, 2021 | 3.41 Bn |