If you’ve been holding off on buying DeWalt or Craftsman tools, that calculus just changed. Stanley Black & Decker, parent company of both brands, posted its Q4 2025 earnings earlier this year and confirmed what many suspected: prices on American-sold power tools are going up again in 2026.
What SBD Said in Its Q4 Earnings Call
The company absorbed roughly $800 million in tariff costs in 2025 and already raised U.S. retail prices by high single digits in response. Now, with its restructuring plan in high gear, executives signaled another “more modest” price increase is coming for U.S. consumers this year.
The bigger move: Stanley Black & Decker is aggressively cutting its China manufacturing exposure. The target is under 5% of total production coming from China by the end of 2026, down from roughly 40-45% just a few years ago. The shift involves expanding manufacturing in the U.S., Mexico, and other regions.
What This Means for DeWalt and Craftsman Buyers
Nearshoring costs money. Moving production out of China, even when tariff-driven, typically means higher per-unit costs until new facilities reach full efficiency. Stanley Black & Decker has said it intends to pass a portion of those costs to consumers.
For DeWalt, that likely means modest price bumps on the 20V MAX and FLEXVOLT lines that dominate the mid-range and pro segments. Craftsman V20 tools, which compete with Ryobi at the value end, are also in scope.
It’s worth noting what this does not mean: tool quality isn’t changing, and DeWalt’s U.S.-made tools, the FLEXVOLT line and several professional-grade products, are already built domestically. This is a supply chain restructuring, not a product downgrade.
The Other Brands Watching Closely
Milwaukee (TTI) and Makita both have significant Asian manufacturing too, though Milwaukee has been expanding U.S. production in Brookfield, Wisconsin. If SBD’s price increases prove sticky, competitors may follow, or use the gap as a market-share opportunity.
For now, DeWalt’s pricing remains competitive. If you’re comparing options, our DeWalt vs. Makita 2026 head-to-head covers performance and value across both platforms, and our best cordless drills roundup has current pricing context across all major brands. If you’re evaluating a battery platform switch, understanding volt and amp-hour specs will help you think through total system cost.
Bottom Line
Prices on DeWalt and Craftsman tools are moving up, the Q1 2026 data confirms it, and tariff pressure is expected to intensify again with Section 301 tariffs returning in August. If you’ve been sitting on a purchase, the window before August is the cleaner move. Memorial Day (May 23-26) is the last major sale event before the August wave. For a full brand-by-brand tariff exposure breakdown and a “Buy Now or Wait?” decision guide, see our Power Tool Prices Rising in 2026 guide. For current buy links with pricing by retailer, see our Memorial Day Power Tool Deals 2026 page.
Sources: Manufacturing Dive, Stanley Black & Decker Q4 2025; MarketBeat, SBD Q1 2026 Earnings Highlights