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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 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
-$557M $2B $4B $0 2012 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-7% 27% 62% 0% 2012 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$469M $185M $840M $0 2012 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $3B $6B 2012 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$3B $228M $3B $0 2012 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $2.8B $100M 36.7% 4.4% $165M $496M $124M
2024 $3.0B $125M 37.4% 5.8% $119M $496M $369M
2023 $2.9B $1.8B 31.7% -7.0% -$469M $1.5B $754M
2022 $3.1B $72M 31.6% 0.7% -$118M $3.1B $244M
2021 $3.0B $190M 34.5% 3.2% $245M $2.4B $188M
2020 $2.6B $98M 33.5% 0.3% $246M $2.4B $532M
2019 $2.4B $495M 33.5% -6.2% -$39M $2.4B $627M
2018 $3.8B $768M 35.0% 5.9% $267M $4.7B $553M
2017 — $106M — — $758M $6.0B $270M
2016 — -$199M — — $840M $5.8B $465M
2015 — -$557M — — — $6.1B $643M
2014 — -$10M — — — $5.2B $674M
2013 — -$46M — — — $4.9B $677M
2013 — -$135M — — — $4.6B $1.2B
2012 — $90M — — — $2.2B $1.5B

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.

Price / earnings (P/E)
0.0 13.5 26.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.4 0.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 2.2 4.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
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?

As of Jun '26, Spectrum Brands Holdings, Inc. traded at a price-to-earnings ratio of about 20.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.