Stanley Black & Decker, Inc. Market Research Report
Company Overview
Stanley Black & Decker, Inc. is the world's largest tool company, with its headquarters in the USA. It operates 50 manufacturing facilities in America and has a global footprint across over 100 locations worldwide. The company's core areas include power tools, hand tools, and storage products.
Key Websites and Links
- Homepage: [Stanley Black & Decker](https://www.stanleyblackanddecker.com/)
- Careers: [Careers Page](https://www.stanleyblackanddecker.com/careers)
- Contact Us: [Contact Page](https://www.stanleyblackanddecker.com/about/contact)
- Brands Overview: [Brands](https://www.stanleyblackanddecker.com/brands)
- Specific Brand Example: [STANLEY](https://www.stanleyblackanddecker.com/brands/tools/stanley)
- Product-Specific Page: [Hand Tools](https://www.stanleytools.com/products/hand-tools)
- Customer Support: [Support](https://www.stanleytools.com/support)
Executive Leadership
Donald Allan, Jr.
Position: President & Chief Executive Officer
- Profile: Donald Allan, Jr. has been instrumental in driving the company's transformational portfolio simplification. With 23 years at Stanley Black & Decker, Allan has played a pivotal role in its evolution.
- LinkedIn: [Don Allan Profile](https://www.linkedin.com/in/donald-allan-jr-330732112)
- Notable Achievements: Emphasized building sustainable workforce programs and celebrated the centennial of DEWALT.
Patrick Hallinan
Position: Executive Vice President, Chief Financial Officer
- Profile: Oversees Stanley Black & Decker's global finance function, focusing on enhancing value creation and capital efficiency. Joined from Fortune Brands Innovations.
- LinkedIn: [Patrick Hallinan Profile](https://www.linkedin.com/in/patrick-hallinan-1b4663)
- Notable Appointments: Began his role as CFO on April 6, 2023, bringing over 17 years of industry experience.
Tamer Abuaita
Position: Global Chief Supply Chain Officer and President, Industrial
- Profile: Leads the global supply chain and industrial operations. Joined in January 2022.
- LinkedIn: [Tamer Abuaita Profile](https://www.linkedin.com/in/tamer-abuaita-8b66a8a)
- Recent Recognition: Elected to the Board of Directors of the National Association of Manufacturers.
Rhonda Gass
Position: Vice President and Chief Information Officer
- Profile: Drives the strategic digital, data, and collaboration agenda. Oversees cybersecurity and digital risk management.
- LinkedIn: [Rhonda Gass Profile](https://www.linkedin.com/in/rhonda-gass-4ba1861)
- Media Presence: Participates in CIO community events like Evanta.
Janet Link
Position: Senior Vice President, General Counsel & Secretary
- Profile: Responsible for all legal and corporate compliance matters. Joined in July 2017.
- LinkedIn: [Janet Link Profile](https://www.linkedin.com/in/janet-link-63821293)
Recent Company Initiatives
- DEWALT Centennial: Celebrated the 100th anniversary of DEWALT, highlighting its commitment to innovation and quality in power tools.
- Sustainable Workforce Programs: Focused on building sustainable workforce programs to future-proof the company's operations.
Competitor Profiling for Stanley Black & Decker, Inc.
Overview of Competitors
Ingersoll Rand (IR)
Ingersoll Rand Inc. (NYSE: IR) is a global industrial products and flow creation solutions provider. Formed in February 2020 through the merger of Gardner Denver and the industrial segment of Ingersoll-Rand plc, it operates in two main segments: Industrial Technologies and Services and Precision and Science Technologies. Headquartered in Davidson, North Carolina, Ingersoll Rand reported revenues of $6.88 billion in 2023.
- Operating income: $1.16 billion
- Net income: $785 million
- Total assets: $15.6 billion
- Total equity: $9.78 billion
- Number of employees: ~18,000
- Key Brands: Gardner Denver, CompAir, Nash
Xylem (XYL)
Xylem Inc. (NYSE: XYL) is a leading water technology provider. In 2023, Xylem reported revenues of $7.36 billion. The company's products serve various segments like utilities, industrial, commercial, and residential markets globally.
- Market Cap: $31.53 billion
- Dividend Yield: 1.18%
- P/E Ratio: 46.20
- Number of Employees: ~22,000
- Key Brands: Flygt, Godwin, Goulds Water Technology, Sensus
Dover Corporation (DOV)
Dover Corporation (NYSE: DOV) is a diversified global manufacturer with an annual revenue of over $8 billion. Dover operates in equipment and components, consumables, software, and digital solutions.
- Market Cap: $24.95 billion
- P/E Ratio: 17.43
- Dividend Yield: 1.68%
- Number of Employees: ~25,000
IDEX Corporation (IEX)
IDEX Corporation (NYSE: IEX) specializes in engineered products and solutions for niche markets. In 2023, IDEX reported revenues of $3.19 billion.
- Market Cap: $14.95 billion
- P/E Ratio: 25.99
- Number of Employees: ~8,800
- Key Brands: Viking Pump, Banjo, Micropump
Snap-on Inc. (SNA)
Snap-on Incorporated (NYSE: SNA) is a leading developer and marketer of tools and equipment for professional use, founded in 1920 and headquartered in Kenosha, Wisconsin.
- Revenue: $4.73 billion (2023)
- Market Cap: $14.53 billion
- P/E Ratio: 14.47
- Number of Employees: ~13,200
- Key Brands: Blue-Point, Williams
Key Insights
- Ingersoll Rand: Diversified technological offerings and robust financial performance.
- Xylem: Leading in water technology with a strong market presence.
- Dover Corporation: Comprehensive service portfolio with a strong market cap.
- IDEX Corporation: Specialized solutions for niche markets.
- Snap-on Inc.: Extensive product range and strong market footprint in professional tools.
Understanding these competitors' strengths and market positions provides a strategic advantage for Stanley Black & Decker to tailor its offerings and explore new opportunities.