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Spectrum Brands Holdings, Inc. (SPB) 10-Year Financial Performance & Capital Metrics

SPB • • Industrial / General
Consumer DefensiveHousehold ProductsSpecialty Tools & AccessoriesPersonal Care Tools
AboutSpectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. It operates through three segments: Home and Personal Care; Global Pet Care; and Home and Garden. The Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington and LumaBella brands. The Global Pet Care segment provides rawhide chewing, dog and cat clean-up and food, training, health and grooming, small animal food and care, and rawhide-free products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, ProSense, Perfect Coat, eCOTRITION, Birdola, Good Boy, Meowee!, Wildbird, and Wafcol brands. This segment also offers aquarium kits, stand-alone tanks, and aquatics equipment and consumables under the Tetra, Marineland, Whisper, Instant Ocean, GloFish, OmegaOne, and OmegaSea brands. The Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents under the Spectracide, Garden Safe, Liquid Fence, and EcoLogic brands; household pest control solutions under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; household surface cleaning, maintenance, and restoration products, including bottled liquids, mops, wipes, and markers under the Rejuvenate brand name; and personal-use pesticides and insect repellent products under the Cutter and Repel brands. The company sells its products through retailers, e-commerce and online retailers, wholesalers, and distributors. Spectrum Brands Holdings, Inc. was incorporated in 2009 and is headquartered in Middleton, Wisconsin.Show more
  • Revenue $2.81B -5.2%
  • EBITDA $223M -18.2%
  • Net Income $100M -20.0%
  • EPS (Diluted) 3.86 -5.6%
  • Gross Margin 36.74% -1.8%
  • EBITDA Margin 7.94% -13.7%
  • Operating Margin 4.45% -22.8%
  • Net Margin 3.56% -15.5%
  • ROE 4.93% -7.9%
  • ROIC 3.85% -11.7%
  • Debt/Equity 0.34 +13.3%
  • Interest Coverage 4.16 +42.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 35.1%
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy dividend yield of 2.9%
  • ✓Share count reduced 15.1% through buybacks
  • ✓Healthy 5Y average net margin of 15.6%
  • ✓Trading at only 0.9x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-5.13%
5Y1.39%
3Y-3.57%
TTM-5.22%

Profit (Net Income) CAGR

10Y-
5Y0.43%
3Y11.74%
TTM-20.02%

EPS CAGR

10Y-
5Y12.95%
3Y30.17%
TTM-2.83%

ROCE

10Y Avg0.98%
5Y Avg1.39%
3Y Avg1.36%
Latest4.16%

Peer Comparison

Personal Care Tools
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SPBSpectrum Brands Holdings, Inc.1.48B63.4716.44-5.23%3.56%5.23%11.18%0.34
RAYRaytech Holding Limited Ordinary Shares9.11M3.066.3817.57%12.49%23.65%68.31%
HELEHelen of Troy Limited450.6M19.533.64-4.86%-43.98%-92.99%18.45%0.57
NWLNewell Brands Inc.1.79B4.28-8.23-6.77%-0.33%-0.89%13.21%1.86

Profit & Loss

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Sales/Revenue+3.04B3.01B3.81B2.45B2.62B3B3.13B2.92B2.96B2.81B
Revenue Growth %-0.36%-0.01%0.27%-0.36%0.07%0.14%0.04%-0.07%0.02%-0.05%
Cost of Goods Sold+1.79B2.37B2.47B1.63B1.74B1.96B2.14B1.99B1.85B1.78B
COGS % of Revenue0.59%0.79%0.65%0.66%0.67%0.65%0.68%0.68%0.63%0.63%
Gross Profit+1.25B641M1.33B819.6M878.1M1.04B990.5M924.8M1.11B1.03B
Gross Margin %0.41%0.21%0.35%0.34%0.33%0.35%0.32%0.32%0.37%0.37%
Gross Profit Growth %-0.23%-0.49%1.08%-0.39%0.07%0.18%-0.04%-0.07%0.2%-0.07%
Operating Expenses+911.7M1.05B1.11B972M869.5M939.4M967.3M1.13B938.7M907M
OpEx % of Revenue0.3%0.35%0.29%0.4%0.33%0.31%0.31%0.39%0.32%0.32%
Selling, General & Admin823.4M933.3M943M709.1M789.3M869.3M985.8M877.1M896.7M882.6M
SG&A % of Revenue0.27%0.31%0.25%0.29%0.3%0.29%0.31%0.3%0.3%0.31%
Research & Development58.7M44.6M44.6M43.5M29.2M29.8M26.7M22.5M28.1M0
R&D % of Revenue0.02%0.01%0.01%0.02%0.01%0.01%0.01%0.01%0.01%-
Other Operating Expenses29.6M77M107.6M-26.6M51M40.3M-45.2M230.8M13.9M24.4M
Operating Income+334.9M287.5M224.2M-152.4M8.6M97.1M23.2M-205.6M170.6M124.9M
Operating Margin %0.11%0.1%0.06%-0.06%0%0.03%0.01%-0.07%0.06%0.04%
Operating Income Growth %0.87%-0.14%-0.22%-1.68%1.06%10.29%-0.76%-9.86%1.83%-0.27%
EBITDA+518.6M419.7M349.5M-5.1M123.2M214.1M122.5M-114.4M272.4M222.9M
EBITDA Margin %0.17%0.14%0.09%-0%0.05%0.07%0.04%-0.04%0.09%0.08%
EBITDA Growth %0.48%-0.19%-0.17%-1.01%25.16%0.74%-0.43%-1.93%3.38%-0.18%
D&A (Non-Cash Add-back)183.7M132.2M125.3M147.3M114.6M117M99.3M91.2M101.8M98M
EBIT586.5M282.5M228.3M-195.8M129.5M136.4M4.7M-163.2M183.1M117.2M
Net Interest Income+-334.5M-310.4M-264M-158.4M-93.7M-115.4M-98.8M-88.7M-1M-25.8M
Interest Income000001.1M600K38.3M57.5M4.2M
Interest Expense334.5M310.4M264M158.4M93.7M116.5M99.4M127M58.5M30M
Other Income/Expense-325.7M-315.4M-259.9M-201.8M-33.7M-108.2M-113.5M-84.6M-7M-37.7M
Pretax Income+9.2M-27.9M-35.7M-354.2M-25.1M-11.1M-90.3M-290.2M163.6M87.2M
Pretax Margin %0%-0.01%-0.01%-0.14%-0.01%-0%-0.03%-0.1%0.06%0.03%
Income Tax+-58.4M38.1M-462.7M-52M27.3M-26.4M-13.3M-56.5M64.3M-13M
Effective Tax Rate %-21.61%-3.8%-21.52%-1.4%-3.9%-17.08%-0.79%-6.21%0.76%1.15%
Net Income+-198.8M106M768.3M494.5M97.8M189.6M71.6M1.8B124.8M99.9M
Net Margin %-0.07%0.04%0.2%0.2%0.04%0.06%0.02%0.62%0.04%0.04%
Net Income Growth %0.64%1.53%6.25%-0.36%-0.8%0.94%-0.62%24.16%-0.93%-0.2%
Net Income (Continuing)67.6M-69.2M427M-302.2M-52.4M15.3M-77M-233.7M99.3M100.2M
Discontinued Operations-101.5M289.3M445M797.5M150.5M174.5M148.8M2.04B25.5M200K
Minority Interest1.18B1.19B8.3M8M8.3M7.1M5.9M700K800K0
EPS (Diluted)+-6.243.2420.76-3.682.104.391.7545.654.093.86
EPS Growth %0.64%1.52%5.41%-1.18%1.57%1.09%-0.6%25.09%-0.91%-0.06%
EPS (Basic)-6.243.3120.82-3.682.104.441.7545.654.123.88
Diluted Shares Outstanding32M32.7M37M50.7M44.7M43.2M40.9M39.5M30.5M25.9M
Basic Shares Outstanding65.38M5.19M36.9M50.7M44.7M42.7M40.9M39.5M30.3M25.7M
Dividend Payout Ratio--0.03%0.17%0.77%0.38%0.96%0.04%0.41%0.48%

Balance Sheet

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Current Assets+1.74B30.04B3.97B1.66B1.73B2.91B3.24B2.93B1.58B1.18B
Cash & Short-Term Investments465.2M270.1M552.5M627.1M531.6M187.9M243.7M1.86B368.9M123.6M
Cash Only465.2M270.1M552.5M627.1M531.6M187.9M243.7M753.9M368.9M123.6M
Short-Term Investments00000001.1B00
Accounts Receivable539.1M285.7M368.8M430.9M346.2M312.1M343.1M561.6M706.1M572.6M
Days Sales Outstanding64.7634.6435.3464.2948.193839.9870.2386.9674.4
Inventory740.6M496.3M583.6M548.4M318.6M562.8M780.6M462.8M462.1M446.1M
Days Inventory Outstanding150.8776.4586.09123.0466.68104.72133.0284.7290.9491.62
Other Current Assets028.93B2.4B53.5M500.8M1.81B1.82B44.3M41.5M41.9M
Total Non-Current Assets+31.84B5.81B3.83B3.59B3.38B2.43B2.54B2.33B2.26B2.2B
Property, Plant & Equipment543.4M503.9M500M452.9M313.6M316.7M346.3M385.9M368.5M328.5M
Fixed Asset Turnover5.59x5.97x7.62x5.40x8.36x9.47x9.05x7.56x8.04x8.55x
Goodwill2.48B2.28B1.45B1.33B627.2M867.2M953.1M854.7M864.9M866.8M
Intangible Assets2.37B1.61B1.64B1.51B1.05B1.2B1.2B1.06B990.4M937.6M
Long-Term Investments-332.9M23.5M-36.8M230.8M66.9M000100K0
Other Non-Current Assets26.09B1.4B268.6M67.2M1.32B38.8M38.7M31.8M39.8M62.5M
Total Assets+33.58B35.85B7.8B5.25B5.11B5.34B5.78B5.26B3.84B3.38B
Asset Turnover0.09x0.08x0.49x0.47x0.51x0.56x0.54x0.56x0.77x0.83x
Asset Growth %-0.04%0.07%-0.78%-0.33%-0.03%0.05%0.08%-0.09%-0.27%-0.12%
Total Current Liabilities+1.24B27.64B1.43B1.14B944.9M1.16B1.19B764.8M687.1M523.2M
Accounts Payable581.3M370.5M584.7M456.8M362.5M388.6M453.1M396.6M397.3M283.7M
Days Payables Outstanding118.4257.0786.25102.4975.8772.3177.2172.678.1958.27
Short-Term Debt258M161.4M26.9M136.9M3.1M12M12.3M09.4M43.5M
Deferred Revenue (Current)0000000000
Other Current Liabilities026.98B697M474.3M468.3M658.3M651.2M266M171.1M124.6M
Current Ratio1.41x1.09x2.78x1.46x1.83x2.50x2.72x3.83x2.30x2.26x
Quick Ratio0.81x1.07x2.37x0.97x1.49x2.02x2.07x3.22x1.62x1.41x
Cash Conversion Cycle97.2254.0235.1884.843970.4195.7882.3599.71107.76
Total Non-Current Liabilities+30.52B6.26B4.78B2.38B2.75B2.7B3.32B1.98B1.01B946.7M
Long-Term Debt5.27B5.54B4.62B2.21B2.31B2.49B3.14B1.47B551.4M556.2M
Capital Lease Obligations0000142.5M44.5M56M173.4M87M54.5M
Deferred Tax Liabilities546M493.2M35M055.2M59.5M60.1M174.8M170.8M136.6M
Other Non-Current Liabilities24.71B220.9M121.4M162.6M236.2M99M57.8M158M204.3M199.4M
Total Liabilities31.76B33.9B6.21B3.52B3.69B3.86B4.51B2.74B1.7B1.47B
Total Debt+5.53B5.71B4.65B2.35B2.47B2.56B3.21B1.68B647.8M654.2M
Net Debt5.06B5.43B4.1B1.72B1.94B2.37B2.97B924.1M278.9M530.6M
Debt / Equity3.04x2.93x2.93x1.36x1.74x1.73x2.53x0.67x0.30x0.34x
Debt / EBITDA10.66x13.59x13.31x-20.04x11.95x26.23x-2.38x2.93x
Net Debt / EBITDA9.76x12.95x11.73x-15.73x11.07x24.24x-1.02x2.38x
Interest Coverage1.00x0.93x0.85x-0.96x0.09x0.83x0.23x-1.62x2.92x4.16x
Total Equity+1.82B1.95B1.59B1.73B1.42B1.48B1.27B2.52B2.14B1.91B
Equity Growth %0.14%0.07%-0.18%0.09%-0.18%0.04%-0.14%0.98%-0.15%-0.11%
Book Value per Share56.7959.5442.9634.1031.6734.2431.0363.7570.2273.73
Total Shareholders' Equity638.1M758M1.58B1.72B1.41B1.47B1.26B2.52B2.14B1.91B
Common Stock2M2M500K500K500K500K500K500K500K0
Retained Earnings-1.03B-925.9M-180.1M223.8M243.9M359.9M362.1M2.1B2.17B0
Treasury Stock000-260.9M-606.5M-717M-828.8M-1.25B-1.81B0
Accumulated OCI220.9M309M-235.8M-273.6M-284.7M-235.3M-303.1M-249.4M-204M0
Minority Interest1.18B1.19B8.3M8M8.3M7.1M5.9M700K800K0

Cash Flow

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Cash from Operations+913.3M840.2M343.3M1.1M290.3M288.4M-53.8M-409.7M162.6M204.1M
Operating CF Margin %0.3%0.28%0.09%0%0.11%0.1%-0.02%-0.14%0.05%0.07%
Operating CF Growth %1.88%-0.08%-0.59%-1%262.91%-0.01%-1.19%-6.62%1.4%0.26%
Net Income-1.6M-69.2M427M-302.2M-52.4M15.3M-77M-233.7M99.3M100.4M
Depreciation & Amortization183.7M132.2M124.6M147.3M114.6M117M99.3M91.2M101.8M98M
Stock-Based Compensation72.6M54.2M8.8M49.2M31.8M28.9M10.2M17.2M17.5M20.5M
Deferred Taxes-4.8M-32.5M-556.5M-6.5M34M-64.4M-44.6M-182.8M3.7M-59.2M
Other Non-Cash Items559.6M699.1M277.9M278.3M78.3M213.1M164.6M-178.8M-54.5M27.7M
Working Capital Changes103.8M56.4M61.5M-165M84M-21.5M-206.3M77.2M-5.2M16.4M
Change in Receivables52.3M600K21.4M-70.6M-58.6M65.9M-12.2M-224.2M-116.5M131.4M
Change in Inventory20.9M-45.2M-9.2M26.7M-5.9M-219.6M-153.7M328.3M8.5M18.1M
Change in Payables04.2M88M-164.4M99.8M116M-15M-154.5M55.6M0
Cash from Investing+-891.4M-1.6B1.27B2.8B108.3M-423.5M-359.8M3.18B1.02B-37.7M
Capital Expenditures-61M-81.8M-75.9M-40.4M-44.1M-43.6M-64M-59M-44M-38.3M
CapEx % of Revenue0.02%0.03%0.02%0.02%0.02%0.01%0.02%0.02%0.01%0.01%
Acquisitions----------
Investments----------
Other Investing-880M-1.23B-198.2M-23.6M-153.9M-400K-23.7M4.33B-26.8M600K
Cash from Financing+148.7M583M-1.3B-2.72B-497.1M-209.9M487.6M-2.26B-1.58B-401.2M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid00-22.4M-85.5M-75.2M-71.5M-68.6M-66.5M-50.6M-48.2M
Share Repurchases----------
Other Financing780.1M565.9M71.8M-21.5M-210.2M-20.4M-37.1M-3.1M-45.6M-15.8M
Net Change in Cash----------
Free Cash Flow+817.9M762.3M267.4M-39.3M246.2M244.8M-117.8M-468.7M118.6M165.8M
FCF Margin %0.27%0.25%0.07%-0.02%0.09%0.08%-0.04%-0.16%0.04%0.06%
FCF Growth %2.62%-0.07%-0.65%-1.15%7.26%-0.01%-1.48%-2.98%1.25%0.4%
FCF per Share25.5623.317.23-0.785.515.67-2.88-11.873.896.40
FCF Conversion (FCF/Net Income)-4.59x7.93x0.45x0.00x2.97x1.52x-0.75x-0.23x1.30x2.04x
Interest Paid397.7M323.5M208.4M208.1M127.1M136.4M145.7M168.4M71M26.4M
Taxes Paid35.9M37.5M53.8M53.9M42.1M35M45.5M474.7M101.2M47.7M

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-11.68%5.63%43.45%29.8%6.22%13.1%5.21%95.13%5.36%4.93%
Return on Invested Capital (ROIC)3.64%3.02%2.57%-2.5%0.19%2.02%0.43%-4.02%4.36%3.85%
Gross Margin41.03%21.29%35.03%33.5%33.49%34.57%31.62%31.68%37.43%36.74%
Net Margin-6.54%3.52%20.17%20.21%3.73%6.32%2.29%61.72%4.21%3.56%
Debt / Equity3.04x2.93x2.93x1.36x1.74x1.73x2.53x0.67x0.30x0.34x
Interest Coverage1.00x0.93x0.85x-0.96x0.09x0.83x0.23x-1.62x2.92x4.16x
FCF Conversion-4.59x7.93x0.45x0.00x2.97x1.52x-0.75x-0.23x1.30x2.04x
Revenue Growth-36.09%-0.91%26.51%-35.77%7.18%14.34%4.48%-6.82%1.55%-5.23%

Revenue by Segment

2016201720182019202020212022202320242025
Home And Personal Care---1.07B1.11B1.26B1.37B1.24B1.23B1.15B
Home And Personal Care Growth----3.70%13.77%8.73%-9.25%-0.76%-6.49%
Global Pet Supplies--820.5M870.2M962.6M1.13B1.18B1.14B1.15B1.08B
Global Pet Supplies Growth---6.06%10.62%17.38%4.02%-3.09%1.10%-5.99%
Home And Garden Business--482.2M508.1M551.9M608.1M587.1M536.5M578.6M572.8M
Home And Garden Business Growth---5.37%8.62%10.18%-3.45%-8.62%7.85%-1.00%
Hardware Home Improvement--1.38B1.36B------
Hardware Home Improvement Growth----1.60%------
Consolidation Eliminations----1.42B------
Consolidation Eliminations Growth----------
Global Auto Care--465.5M-------
Global Auto Care Growth----------
Consumer Products5.04B5.01B--------
Consumer Products Growth--0.64%--------
Corporate and Other8.9M1.1M--------
Corporate and Other Growth--87.64%--------
Insurance150.4M---------
Insurance Growth----------
Intersegment Eliminations-16.4M---------
Intersegment Eliminations Growth----------

Revenue by Geography

2016201720182019202020212022202320242025
UNITED STATES3.22B3.22B-------1.57B
UNITED STATES Growth--0.08%--------
EMEA---656.6M683.9M877.8M820M830.7M885.2M881.5M
EMEA Growth----4.16%28.35%-6.58%1.30%6.56%-0.42%
Latin America--92.8M205.4M182.3M193.4M243.3M206.8M211.8M213M
Latin America Growth---121.34%-11.25%6.09%25.80%-15.00%2.42%0.57%
Asia Pacific--86.4M122.1M104.3M112M108.5M106.6M99.4M92.9M
Asia Pacific Growth---41.32%-14.58%7.38%-3.13%-1.75%-6.75%-6.54%
North America, Excluding United States---------53.1M
North America, Excluding United States Growth----------
North America--154.6M168.5M2.99B1.81B1.96B1.77B1.77B-
North America Growth---8.99%1676.68%-39.38%8.03%-9.49%-0.41%-
Europe--251M-------
Europe Growth----------
Outside of the United States1.82B1.79B--------
Outside of the United States Growth--1.62%--------

Frequently Asked Questions

Valuation & Price

Spectrum Brands Holdings, Inc. (SPB) has a price-to-earnings (P/E) ratio of 16.4x. This is roughly in line with market averages.

Growth & Financials

Spectrum Brands Holdings, Inc. (SPB) reported $2.81B in revenue for fiscal year 2025. This represents a 37% decrease from $4.48B in 2012.

Spectrum Brands Holdings, Inc. (SPB) saw revenue decline by 5.2% over the past year.

Yes, Spectrum Brands Holdings, Inc. (SPB) is profitable, generating $99.9M in net income for fiscal year 2025 (3.6% net margin).

Dividend & Returns

Yes, Spectrum Brands Holdings, Inc. (SPB) pays a dividend with a yield of 2.93%. This makes it attractive for income-focused investors.

Spectrum Brands Holdings, Inc. (SPB) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.

Spectrum Brands Holdings, Inc. (SPB) generated $165.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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