Company profile

Future of Stanley Black & Decker

#
Rank
522
| Quantumrun Global 1000

Stanley Black & Decker, Inc., previously known as The Stanley Works, is a US producer of household hardware and industrial tools and provider of locks and security products. The company is headquartered in New Britain, Connecticut. Stanley Black & Decker was formed on March 12, 2010, through the merger of and Black & Decker and Stanley Works.

Home Country:
Industry:
Home Equipment, Furnishings
Founded:
1910
Global employee count:
54023
Domestic employee count:
Number of domestic locations:

Financial Health

Revenue:
$11406900000 USD
3y average revenue:
$11305766667 USD
Operating expenses:
$10180800000 USD
3y average expenses:
$10151866667 USD
Funds in reserve:
$1131800000 USD
Market country
Revenue from country
0.54
Revenue from country
0.22

Asset Performance

  1. Product/Service/Dept. name
    Tools and storage
    Product/Service revenue
    7469200000
  2. Product/Service/Dept. name
    Security
    Product/Service revenue
    2097400000
  3. Product/Service/Dept. name
    Industrial
    Product/Service revenue
    1840300000

Innovation assets and Pipeline

Total patents held:
133
Number of patents field last year:
1

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the household products sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of future household products.
*Artificial intelligence systems will discover new thousands of new compounds faster than humans that can, compounds that can be applied to everything from creating new makeup to more effective kitchen cleaning soaps.
*The booming population and wealth of developing nations in Africa and Asia will represent the largest growth opportunities for household product sector companies.
*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
*3D printing (additive manufacturing) will increasingly work in tandem with future automated manufacturing plants to drive down the costs of production even further by the early 2030s.
*As the manufacturing process of household goods becomes entirely automated, it will no longer be cost-effective to outsource the production of products overseas. All manufacturing will be done domestically, thereby cutting labor costs, shipping costs, and time to market.

COMPANY’S FUTURE PROSPECTS

Company Headlines