Illinois Tool Works vs Stanley Black & Decker
Illinois Tool Works reported revenue of $16.0 billion in fiscal 2025, about the same as Stanley Black & Decker's $15.1 billion in fiscal 2025. Illinois Tool Works' revenue grew 0.9% in its latest year, and Stanley Black & Decker's fell 1.5%. Free cash flow was $2.7 billion at Illinois Tool Works and $688 million at Stanley Black & Decker. Their fiscal years end in different months (December 31 and January 3), so the periods don't line up exactly.
Side by side
| Illinois Tool Works | Stanley Black & Decker | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Jan 3, 2026 |
| Revenue | $16.0B | $15.1B |
| Revenue growth | 0.9% | −1.5% |
| Revenue growth a year, last 5 years | 5.0% | 3.5% |
| Gross margin | 52.9% | 30.3% |
| Operating margin | 26.3% | — |
| Net margin | 19.1% | 2.7% |
| Free cash flow | $2.7B | $688M |
| Free cash flow margin | 16.9% | 4.5% |
| Return on capital | 30.2% | 6.2% |
| Net debt to EBITDA | 1.8x | 4.3x |
| Dividends and buybacks | $3.3B | $521M |
| Change in diluted share count | −1.9% | 0.4% |
| Last close | $276.22 | $99.37 |
| P/E at the last close | 25.0× | 24.2× |
| Insider trades, last 12 months | bought $1.9 million, sold $67.3 million | sold $917,959 |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Illinois Tool WorksStanley Black & Decker
Operating margin
Percent of revenue
Illinois Tool WorksStanley Black & Decker
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Illinois Tool WorksStanley Black & Decker
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Illinois Tool Works and Stanley Black & Decker pages.