Stanley Black & Decker(US:SWK)2022-02-26 07:49Company Overview - Stanley Black & Decker's 2021 revenue was $15.6 billion, with a market cap of $31 billion and a cash dividend yield of 1.7%[8] - Tools & Storage segment accounted for $12.8 billion in revenue in 2021, while the Industrial segment generated $2.5 billion[9] - Approximately 60% of the company's revenues are generated in the U S market[11] Financial Goals and Performance - The company aims for long-term financial goals including ~4-6% organic revenue growth and ~10-12% total revenue growth[15] - The company also aims for ~10-12% EPS growth, free cash flow ≥ net income, and CFROI in the 12-15% range[15] - Stanley Black & Decker has a track record of long-term value creation, with a 967% TSR from January 2000 to December 2021[23, 24] Strategic Initiatives - The company is focused on organic growth, margin expansion, and asset efficiency, driven by the SBD Operating Model[15, 57] - Stanley Black & Decker is pursuing acquisitive growth in the Tool Industry, Outdoor Expansion, and Industrial Segment[27] - Electrification is a significant growth and ESG opportunity, with potential for 3x to 6x higher content $ per electric vehicle[41] 2022 Outlook - The company expects ~7-8% organic growth in 2022, with GAAP EPS of $10.10 - $10.70 and adjusted EPS of $12.00 to $12.50[92] - Free cash flow is expected to approximate $2.0 billion in 2022[93] - The company anticipates a currency headwind of ~$100 million in 2022 due to a strong USD[98]