SWK vs. TNC
SWK (Stanley Black & Decker, Inc.) and TNC (Tennant Company) are both stocks. Both are in the Industrials sector — SWK in Tools & Accessories, TNC in Specialty Industrial Machinery. Over the past 10 years, SWK returned -0.15%/yr vs 6.16%/yr for TNC. At a 0.36 correlation, their price movements are largely independent.
Performance
SWK vs. TNC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWK achieves a 15.04% return, which is significantly lower than TNC's 18.89% return. Over the past 10 years, SWK has underperformed TNC with an annualized return of -0.15%, while TNC has yielded a comparatively higher 6.16% annualized return.
SWK
- 1D
- 0.59%
- 1M
- 12.48%
- YTD
- 15.04%
- 6M
- 12.91%
- 1Y
- 33.97%
- 3Y*
- 1.97%
- 5Y*
- -13.22%
- 10Y*
- -0.15%
TNC
- 1D
- -0.74%
- 1M
- 8.01%
- YTD
- 18.89%
- 6M
- 13.80%
- 1Y
- 18.81%
- 3Y*
- 3.56%
- 5Y*
- 2.67%
- 10Y*
- 6.16%
SWK vs. TNC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWK Stanley Black & Decker, Inc. | 15.04% | -3.17% | -15.19% | 35.55% | -58.92% | 7.28% | 9.73% | 41.18% | -28.13% | 50.50% |
TNC Tennant Company | 18.89% | -8.22% | -11.03% | 52.62% | -22.84% | 16.87% | -8.78% | 51.57% | -27.40% | 3.32% |
Correlation
The correlation between SWK and TNC is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 1992 | 0.36 |
Over the past year, SWK and TNC have become more correlated (0.61) than their long-term average of 0.36, meaning their price movements have been converging.
Fundamentals
SWK:
$2.65
TNC:
$1.69
SWK:
31.61
TNC:
51.47
SWK:
0.84
TNC:
1.31
SWK:
$15.13B
TNC:
$1.21B
SWK:
$4.52B
TNC:
$477.90M
SWK:
$1.39B
TNC:
$97.00M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWK vs. TNC — Risk / Return Rank
SWK
TNC
SWK vs. TNC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stanley Black & Decker, Inc. (SWK) and Tennant Company (TNC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWK | TNC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.13 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.58 | +0.56 |
| Martin ratioReturn relative to average drawdown | 2.54 | 1.53 | +1.01 |
Loading charts...
Drawdowns
SWK vs. TNC - Drawdown Comparison
The maximum SWK drawdown since its inception was -71.31%, smaller than the maximum TNC drawdown of -83.81%. Use the drawdown chart below to compare losses from any high point for SWK and TNC.
Loading charts...
Drawdown Indicators
| SWK | TNC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.31% | -83.81% | +12.50% |
Max Drawdown (1Y)Largest decline over 1 year | -26.14% | -27.71% | +1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -48.31% | -48.98% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -69.86% | -48.98% | -20.88% |
Max Drawdown (10Y)Largest decline over 10 years | -71.31% | -48.98% | -22.33% |
Current DrawdownCurrent decline from peak | -54.51% | -26.97% | -27.54% |
Average DrawdownAverage peak-to-trough decline | -19.46% | -16.86% | -2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.75% | 10.50% | +1.25% |
Volatility
SWK vs. TNC - Volatility Comparison
Stanley Black & Decker, Inc. (SWK) has a higher volatility of 10.14% compared to Tennant Company (TNC) at 7.51%. This indicates that SWK's price experiences larger fluctuations and is considered to be riskier than TNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWK | TNC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.14% | 7.51% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 27.24% | 32.84% | -5.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.82% | 35.21% | +2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.71% | 29.44% | +8.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.69% | 32.16% | +4.53% |
Dividends
SWK vs. TNC - Dividend Comparison
SWK's dividend yield for the trailing twelve months is around 3.97%, more than TNC's 1.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWK Stanley Black & Decker, Inc. | 3.97% | 4.44% | 4.06% | 3.28% | 4.23% | 1.58% | 1.56% | 1.63% | 2.15% | 1.43% | 1.97% | 2.01% |
TNC Tennant Company | 1.41% | 1.62% | 1.39% | 1.16% | 1.65% | 1.16% | 1.27% | 1.13% | 1.63% | 1.16% | 1.14% | 1.42% |
Financials
SWK vs. TNC - Financials Comparison
This section allows you to compare key financial metrics between Stanley Black & Decker, Inc. and Tennant Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SWK vs. TNC - Profitability Comparison
SWK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a gross profit of 1.22B and revenue of 3.68B. Therefore, the gross margin over that period was 33.2%.
TNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tennant Company reported a gross profit of 113.60M and revenue of 297.90M. Therefore, the gross margin over that period was 38.1%.
SWK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported an operating income of 366.80M and revenue of 3.68B, resulting in an operating margin of 10.0%.
TNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tennant Company reported an operating income of 4.90M and revenue of 297.90M, resulting in an operating margin of 1.6%.
SWK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a net income of 158.20M and revenue of 3.68B, resulting in a net margin of 4.3%.
TNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tennant Company reported a net income of 200.00K and revenue of 297.90M, resulting in a net margin of 0.1%.
Frequently Asked Questions
SWK and TNC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWK has higher volatility (10.14%) compared to TNC (7.51%). In terms of maximum drawdown, SWK dropped -71.31% vs TNC's -83.81%.
SWK currently has the higher Sharpe Ratio (0.79 vs 0.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SWK and TNC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer