SPB Financials Spectrum Brands Holdings, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Jun 29, 2026, 13:14 UTC Overview →

Growth & profitability

Revenue has grown 1.4% per year over the past 5 years.
Net income has grown slower than revenue (0.4% vs 1.4% per year).
Operating margin has expanded, at 4.4% in the latest year.
Free cash flow has declined 7.7% per year over the past 5 years.

Financial health

Total debt ($496M) exceeds cash ($124M); net debt is $373M.
Total debt has grown slower than revenue (-26.7% vs 1.4% per year).
Operating income covered interest expense 4.2× in the latest year.
Total debt is 2.2× EBITDA.

Shareholder returns

Dividends have been paid for 8 consecutive years, consuming 48.2% of earnings and 29.2% of free cash flow.
The dividend has declined 8.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.8B	$100M	36.7%	4.4%	5.2%	3.0%	$165M	$496M	$124M
2024	$3.0B	$125M	37.4%	5.8%	5.8%	3.2%	$119M	$496M	$369M
2023	$2.9B	$1.8B	31.7%	-7.0%	71.6%	34.3%	-$469M	$1.5B	$754M
2022	$3.1B	$72M	31.6%	0.7%	5.7%	1.2%	-$118M	$3.1B	$244M
2021	$3.0B	$190M	34.5%	3.2%	12.9%	3.6%	$245M	$2.4B	$188M
2020	$2.6B	$98M	33.5%	0.3%	6.9%	1.9%	$246M	$2.4B	$532M
2019	$2.4B	$495M	33.5%	-6.2%	28.7%	9.4%	-$39M	$2.4B	$627M
2018	$3.8B	$768M	35.0%	5.9%	48.6%	9.9%	$267M	$4.7B	$553M
2017	—	$106M	—	—	14.0%	0.3%	$758M	$6.0B	$270M
2016	—	-$199M	—	—	-31.2%	-0.6%	$840M	$5.8B	$465M
2015	—	-$557M	—	—	-94.9%	-1.6%	—	$6.1B	$643M
2014	—	-$10M	—	—	-0.7%	-0.0%	—	$5.2B	$674M
2013	—	-$46M	—	—	-6.3%	-0.2%	—	$4.9B	$677M
2013	—	-$135M	—	—	-13.7%	-0.5%	—	$4.6B	$1.2B
2012	—	$90M	—	—	7.6%	0.4%	—	$2.2B	$1.5B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	$709M	$22M	38.1%	6.1%	1.2%	0.6%	$900000	$588M	$125M
Dec '25	$677M	$28M	35.7%	4.0%	1.5%	0.8%	$59M	$566M	$127M
Sep '25	$734M	$56M	35.0%	4.0%	2.9%	1.6%	$158M	$496M	$124M
Jun '25	$700M	$20M	37.8%	4.5%	1.1%	0.6%	$72M	$667M	$122M
Mar '25	$676M	$900000	37.5%	2.9%	0.0%	0.0%	$14M	$642M	$96M
Dec '24	$700M	$24M	36.8%	6.4%	1.2%	0.7%	-$78M	$559M	$180M
Sep '24	$774M	$29M	37.2%	2.8%	1.3%	0.7%	$68M	$496M	$369M
Jun '24	$779M	$6M	38.9%	6.1%	0.3%	0.2%	$73M	$561M	$158M
Mar '24	$719M	$61M	38.1%	10.6%	2.7%	1.3%	-$9M	$1.4B	$746M
Dec '23	$692M	$29M	35.4%	3.6%	1.3%	0.6%	-$13M	$1.4B	$445M
Sep '23	$741M	$17M	33.0%	2.2%	0.7%	0.3%	-$529M	$1.5B	$754M
Jul '23	$736M	$1.9B	35.8%	-17.0%	72.7%	29.3%	-$92M	$2.1B	$2.9B
Apr '23	$729M	-$54M	29.4%	-10.6%	-4.5%	-0.9%	$226M	$3.2B	$328M
Jan '23	$713M	-$21M	28.3%	-2.8%	-1.7%	-0.4%	-$74M	$3.3B	$228M
Sep '22	$750M	$15M	32.0%	2.2%	1.2%	0.3%	$66M	$3.1B	$244M
Jul '22	$818M	$33M	33.7%	4.7%	2.5%	0.5%	$48M	$3.2B	$248M
Apr '22	$808M	$16M	31.6%	-1.0%	1.2%	0.3%	$54M	$3.2B	$194M
Jan '22	$757M	$8M	29.0%	-3.1%	0.6%	0.1%	-$285M	$3.0B	$205M
Sep '21	$758M	$50M	34.1%	-0.5%	3.4%	0.9%	$262M	$2.4B	$188M
Jul '21	$744M	$31M	35.3%	4.0%	2.0%	0.6%	$79M	$2.7B	$130M

Valuation over time

How the market has priced SPB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 21.3× (Mar '23) to 20.0× (Nov '26).
The price-to-sales ratio has risen from 0.5× (Mar '23) to 0.7× (Nov '26).
The dividend yield has fallen from 4.5% (Mar '23) to 2.4% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is SPB growing its revenue and profit?

Over the past 5 years, Spectrum Brands Holdings, Inc.'s revenue has grown 1.4% per year, and net income grown 0.4% per year. These are computed facts, not advice.

How much debt does SPB have?

As of FY2025, Spectrum Brands Holdings, Inc. reported $496M of total debt against $124M of cash; operating income covered interest expense 4.2×.

What is SPB's profit margin?

In FY2025, gross margin was 36.7%, operating margin 4.4%, and net margin 3.6%.

What is SPB's P/E ratio?

Spectrum Brands Holdings, Inc.'s P/E (TTM) is 25.23 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the SPB stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 20.0× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.