Spectrum Brands Holdings, Inc.
Financial Performance
Spectrum Brands Revenue & Financials
Revenue
$2.8B (FY2025)
Market Cap
$2B
Net Income
$99.9M
Employees
3,000
What is Spectrum Brands's revenue?
Spectrum Brands had $2.8B in revenue for fiscal year 2025, down 5.2% from 2024. Net income was $99.9M.
- Latest revenue
- $2.8B (FY2025)
- Year-over-year
- -5.2%
- Growth rate (CAGR)
- -0.9% over 9 years
- Peak revenue
- $3.8B (FY2018)
- Years of data
- 10
- Employees
- 3,000
- What is Spectrum Brands's operating income?
- Spectrum Brands reported operating income of $124.9M for fiscal year 2025. sec.gov
- How much profit does Spectrum Brands make?
- Spectrum Brands reported net income of $99.9M for fiscal year 2025. sec.gov
- How many employees does Spectrum Brands have?
- Spectrum Brands has about 3,000 employees.
Financial Analysis
Spectrum's financial story since 2019 has been portfolio shrinkage and capital return. Selling batteries and auto care to Energizer and the Hardware & Home Improvement division to ASSA ABLOY for $4.3 billion cut revenue to under $3 billion but paid down debt and funded buybacks: management said over $1.4 billion has been returned to shareholders since the HHI deal. FY2025 net sales were $2.809 billion with adjusted EBITDA of $289.1 million, and the year ended with $457.8 million of net debt. By the end of fiscal Q3 2026, net debt had fallen to $374.1 million (about 1.0x adjusted EBITDA), cash was $258.9 million, and the revolver was undrawn. Q3 adjusted EBITDA of $158.3 million included a $60.6 million one-time IEEPA tariff refund; excluding refunds it was $97.7 million, up 27.5%. The quarterly dividend is $0.47 per share.
Revenue Trend Analysis
YoY Change
-5.2%
9-Year CAGR
-0.9%
Peak Year
2018
Trend
Mostly Growing
Spectrum Brands Holdings, Inc. has 10 full fiscal year figures on this page, compounding at -0.9% annually over 9 years. The most recent year saw a 5.2% decline versus the prior year. Annual revenue peaked in fiscal year 2018 at $3.8B. Of 9 comparable year-over-year steps, 5 showed growth and 4 showed a decline.
Annual revenue history
Click any row to see year details.
Spectrum Brands Holdings, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Sep 30, 2025 | $203.6M | $38.3M | $3.4B | $1.5B | $1.9B | $165.3M | Form 10-K |
| FY2024ended Sep 30, 2024 | $162.6M | $44M | $3.8B | $1.7B | $2.1B | $118.6M | Form 10-K |
| FY2023ended Sep 30, 2023 | -$409.7M | $59M | $5.3B | $2.7B | $2.5B | -$468.7M | Form 10-K |
| FY2022ended Sep 30, 2022 | -$53.8M | $64M | $5.8B | $4.5B | $1.3B | -$117.8M | Form 10-K |
| FY2021ended Sep 30, 2021 | $288.4M | $43.6M | $5.3B | $3.9B | $1.5B | $244.8M | Form 10-K |
| FY2020ended Sep 30, 2020 | $290.3M | $44.1M | $5.1B | $3.7B | $1.4B | $246.2M | Form 10-K |
| FY2019ended Sep 30, 2019 | $1.1M | $40.4M | $5.2B | $3.5B | $1.7B | -$39.3M | Form 10-K |
| FY2018ended Sep 30, 2018 | $343.3M | $75.9M | $7.8B | $6.2B | $1.6B | $267.4M | Form 10-K |
| FY2017ended Sep 30, 2017 | $840.2M | $81.8M | $35.8B | $33.9B | $758M | $758.4M | Form 10-K |
| FY2016ended Sep 30, 2016 | $913.3M | $61M | $33.6B | $31.8B | $638.1M | $852.3M | Form 10-K |
Keep researching Spectrum Brands
Spectrum Brands Revenue and Financial FAQ
What is Spectrum Brands' typical annual consolidated revenue and profitability?
Following the divestiture of its HHI hardware business, Spectrum Brands generates approximately $2.9 billion to $3.1 billion in annual consolidated net sales, delivering adjusted EBITDA between $340 million and $380 million across Pet Care, Home & Garden, and Home Appliances.
What is Spectrum Brands' stock ticker symbol and exchange listing?
Spectrum Brands Holdings, Inc. is publicly listed on the New York Stock Exchange under the ticker symbol SPB. It is a constituent of the Russell 2000 and S&P SmallCap 600 indices.
How did the $4.3 billion HHI sale transform Spectrum Brands' balance sheet?
The HHI sale generated approximately $3.6 billion in net after-tax cash proceeds in June 2023. Spectrum Brands retired over $2.5 billion in senior debt, reducing its net leverage ratio from over 5.0x EBITDA to a net cash positive position—one of the cleanest balance sheets in the consumer products sector.
What are Spectrum Brands' adjusted EBITDA margins by operating segment?
Global Pet Care and Home & Garden are the primary profit drivers, consistently generating adjusted EBITDA margins between 15% and 19%. Home and Personal Care (HPC) operates at lower single-digit to mid-single-digit margins (5% to 8%) due to competitive retail pricing and overseas manufacturing freight costs.
What is Spectrum Brands' capital return and share repurchase program?
Following the HHI transaction, Spectrum Brands authorized accelerated share repurchase (ASR) programs and open-market buybacks exceeding $1.0 billion, retiring over 20% to 25% of its total outstanding common shares while maintaining regular quarterly cash dividends.
What is Spectrum Brands' dividend track record and payout policy?
Spectrum Brands pays a consistent quarterly cash dividend of $0.42 per share ($1.68 annualized), typically delivering a steady dividend yield between 1.8% and 2.5%, supported by robust free cash flow conversion from its consumer staples portfolio.
How does seasonal weather impact quarterly financial performance?
The company's fiscal third quarter (ending in June) is historically its largest revenue and profit quarter, driven by spring/summer consumer purchasing of Spectracide insecticides, Cutter bug repellents, and outdoor gardening products.
What is Spectrum Brands' annual capital expenditure (CapEx) requirement?
Spectrum operates an asset-light manufacturing model, requiring annual capital expenditures of only $50 million to $70 million (approximately 2% of net sales), enabling high free cash flow conversion rates exceeding 60% to 70% of adjusted EBITDA.
What are Spectrum Brands' corporate credit ratings?
Following its debt paydown, credit rating agencies Moody's and S&P Global upgraded Spectrum Brands' debt ratings to Ba3/BB with stable outlooks, reflecting its low net debt leverage and conservative financial policy.
How did post-pandemic retailer inventory destocking affect financial results?
In 2022 and 2023, major retailers (Walmart, Target, Home Depot) aggressively reduced excess inventory built up during pandemic supply chain disruptions, temporarily depressing Spectrum Brands' wholesale shipment volumes before retail ordering normalized in 2024.
Who are Spectrum Brands' major institutional shareholders?
Major institutional shareholders include BlackRock, The Vanguard Group, Wellington Management, T. Rowe Price, Dimensional Fund Advisors, and Ariel Investments, reflecting strong institutional sponsorship in mid-cap consumer staples.
What is management's long-term capital allocation strategy?
Management prioritizes a balanced three-pronged strategy: reinvesting organic capital into high-margin Pet Care and Home & Garden brand building, pursuing accretive bolt-on pet and pest control brand acquisitions, and returning surplus cash to shareholders via dividends and share buybacks.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Spectrum Brands Revenue & Financials." CorpDigest, https://corpdigest.com/company/spectrum-brands/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Spectrum Brands reported $2.8B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/spectrum-brands/financials" target="_blank" rel="noopener">CorpDigest — Spectrum Brands financials</a></div>Related Financial Audits
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