| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 71 | 27.1x | 17.8x | Top tier | |
Growth | 41 | 0.8% | 7.1% | Around median | |
Quality | 63 | 4.5% | 4.5% | Around median | |
Safety | 69 | 1.7x | 2.6x | Top tier | |
Capital Return | 62 | 2.18% | 2.12% | Around median | |
Momentum | 85 | 57.7% | 2.9% | Top tier | |
Sentiment | 62 | 6 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Spectrum Brands Holdings operates through three main units: Global Pet Care, Home & Garden, and Home & Personal Care. The company generates revenue from pet care and aquatics products, pest and weed control products and cleaning products, and home appliances and personal care products, drawing on brands such as Spectracide, Hot Shot, Repel, Remington, Black & Decker, Russell Hobbs, Good Boy, and DreamBone. In Q3 fiscal 2026, all three units delivered sales growth, with Home & Garden leading the performance with record sales of $225 million and annual growth of 19%.
Revenue in Q3 fiscal 2026 reached approximately $753.3 million, up a reported 7.7% year over year, while organic sales rose 6.6% after excluding a positive currency impact of $7.5 million. Gross profit was $370.4 million, equivalent to a margin of 49.2%, but this figure included a nonrecurring tariff refund of $60.6 million; excluding it, gross margin was 41.1% and increased 330 basis points. According to EDGAR data, the company recorded a net loss of $26.8 million and a loss per share of $1.16, while operating profit was $15.9 million after expenses were affected by an impairment related to the Home & Personal Care transaction with Oaktree.
Adjusted earnings before interest, taxes, depreciation, and amortization rose to $158.3 million in Q3 fiscal 2026, but included the impact of tariff refunds; excluding them, they totaled $97.7 million, up 27.5%. Adjusted earnings before interest, taxes, depreciation, and amortization margins, excluding refunds, expanded across all three units to 19.7% in Global Pet Care, 21.5% in Home & Garden, and 5.4% in Home & Personal Care. The company ended the quarter with liquidity of $258.9 million, net debt of $374.1 million, and a net leverage ratio of approximately one time.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus rates SPB shares a “Buy,” with an average price target of $97.6 and a range between $90 and $110; the average is near the upper end of the 52-week range of $99.06, while the highest target exceeds it. The wide 52-week range between $49.99 and $99.06 reflects a divergence between margin improvement and the raised fiscal 2026 outlook on one hand, and the net loss, weakness in Home & Personal Care, and weather and inventory risks on the other.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Reported sales rose 7.7% to $753.3 million, and organic sales increased 6.6% after excluding the currency impact. The largest driver was Home & Garden, which recorded record sales of $225 million and annual growth of 19%. Adjusted gross margin, excluding the tariff refund, also increased 330 basis points to 41.1% due to volume, pricing, mix, and cost-improvement measures.
According to EDGAR, the company recorded a net loss of $26.8 million and a loss per share of $1.16 in Q3 fiscal 2026. By contrast, adjusted earnings before interest, taxes, depreciation, and amortization were $158.3 million, or $97.7 million after excluding tariff refunds, up 27.5%. Accounting results were affected by higher expenses that included an impairment related to the Home & Personal Care transaction with Oaktree.
Management expects sales to range between flat and low-single-digit growth compared with the previous year. Following the first nine months' performance, it raised its outlook for adjusted earnings before interest, taxes, depreciation, and amortization growth, excluding tariff refunds, to a mid-single-digit rate. It also maintained its outlook for adjusted free cash flow, excluding refunds, at approximately 50% of adjusted earnings before interest, taxes, depreciation, and amortization.
The unit recorded record sales of $225 million in Q3 fiscal 2026, surpassing even demand levels during the COVID-19 pandemic. All pest control and herbicide categories achieved double-digit growth, while Spectracide and Hot Shot expanded distribution of insect traps launched in the previous year. However, weak weather in May, June, and July 2026 increased inventory at some retailers, which is likely to pressure replenishment orders in Q4 fiscal 2026.
The company ended Q3 fiscal 2026 with liquidity of $258.9 million and net debt of $374.1 million. Its net leverage ratio was approximately one time, below the company's long-term target of two times to 2.5 times, and it had not drawn anything from its revolving credit facility. It repurchased approximately 200 thousand shares for $15.8 million during the quarter, with more than $300 million remaining under the board's additional authorization.
The most immediate operating risk is Home & Garden's sensitivity to weather and elevated retailer inventory, alongside tougher year-over-year comparisons in Global Pet Care during Q4 fiscal 2026. Home & Personal Care faces strong competition in e-commerce and weakness in North American home appliances, and the company expects the unit's sales to decline in fiscal 2026. In addition, $60.6 million of the quarter's improvement resulted from a nonrecurring tariff refund, while pressures from tariffs, inflation, and investment spending persist.
