• Stanley Black & Decker average debt/equity ratio for 2023 was 0.65, a 14.04% decline from 2022.
• Stanley Black & Decker average debt/equity ratio for 2022 was 0.57, a 50% increase from 2021.
• Stanley Black & Decker average debt/equity ratio for 2021 was 0.38, a 17.39% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.