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← CockpitCompetitor Analysis › SPB Spectrum Brands Holdings, Inc.Open in the cockpit ↗

Spectrum Brands Holdings, Inc.SPBCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Electronics/Appliances

Consumer products company selling pet care, lawn and garden pest control, and small home and personal-care appliances.

Momentum strong 68
Mkt cap
$1.99B
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$30.2M
20-day average traded
Fwd P/E
17.1×
forward earnings
ROIC−WACC
+0.5 pp
WACC 7.9%
Hurdle
-4 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · USD$86.68
1D-2.7%
1W+3.9%
1M+11.7%
3M-1.4%
6M+6.4%
YTD+46.7%
1Y+56.8%
ATR %3.5%
Beta0.68
52w lowhigh12.5% off high

What Spectrum Brands does

Consumer products company selling pet care, lawn and garden pest control, and small home and personal-care appliances.

Sold its Kwikset hardware business to ASSA ABLOY in 2023, leaving pet care, home and garden products and small home and personal-care appliances, some sold under licensed names such as Black+Decker. Goods go mostly through big retailers and online, so retailer shelf space and consumer spending are key.

Products and services

  • Pet care (Tetra, Marineland, Good'n'Fun)
  • Home and garden (Spectracide, Garden Safe)
  • Small appliances (Black+Decker, Russell Hobbs, George Forema
  • Personal care (Remington)

Customers

  • Mass merchants and online retailers
  • Pet specialty retailers
  • Home improvement retailers (lawn and garden)

Where it sits in the supply chain

  • Consumer discretionary
  • Consumer products manufacturing
  • Multi-category retail brands

What could go right

  • Pet ownership growth
  • Lawn and garden demand

What could go wrong

  • Retailer consolidation/private label pressure
  • Input cost inflation

Moat: narrow (brand, distribution). Portfolio of recognizable niche brands with established retail shelf space, though categories are competitive.

Headquarters: Middleton, Wisconsin, US · Employees: 3,000

Named competitors

Spectrum Brands at a glance

Size Spectrum Brands (SPB) is a United States Consumer Discretionary company (Electronics/Appliances) with a market value of $1.99B, the 1792nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $86.68 on 6 Nov 2026.

Performance Over six months the shares gained 6.4%, against -9.7% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 0.8% over the last twelve months (peer median +4.8%); the operating margin is 9.1% (peer median 7.1%).

Valuation It trades at 17.1× forward earnings against a peer median of 18.1× (7th cheapest of 18).

Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -4 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.5 points above its cost of capital (7.9% WACC).

Short interest Short interest is 17.9% of the free float (15 Oct 2026).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026SPB 110Peer median 88
Six months, rebased to 100: Spectrum Brands against the median of its 20 peers (local-currency closes).

Spectrum Brands financials

Reported figures in USD; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.87B$2.81B$2.96B$2.92B$3.13B
Revenue growth—-5%+2%-7%—
Gross profit$1.16B$1.04B$1.09B$936M$970M
EBITDA$359M$271M$237M$128M$73.8M
Net income$79.5M$99.7M$125M$1.80B$75.4M
Free cash flow$292M$165M$119M-$469M-$118M
Capital expenditure$40.4M$38.3M$44.0M$59.0M$64.0M
Total debt$748M$654M$648M$1.68B$3.24B

Quarterly statements and history in the cockpit →

Spectrum Brands competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%+20%WHRSONO0025082371603868THEON1415002351ELUX-A000801IMAX688401695260335566000026557740002705002242SPB6-month return →1-month return →
Up and to the right = strong over both horizons. Spectrum Brands is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×50×100×150×SONO0025082371603868THEON1415002351ELUX-A000801IMAX69526033557740002242002668SPBRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Spectrum Brands is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%SONO002508603868THEON1415002351ELUX-AIMAX6884016033557740002705002668SPBGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Spectrum Brands is the large dot.

Spectrum Brands competitors and peer comparison

Head to head with its named competitors (SPB vs CENT vs NWL vs SMG)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Spectrum Brands SPB$1.99B+6%+1%9%17.1×-2.5%
Central Garden & Pet CENT$2.64B+25%-1%9%16.0×-4.0%
Newell Brands NWL$2.33B+20%+1%9%8.2×0.4%
Scotts Miracle-Gro SMG$3.77B+6%-4%14%13.6×7.5%
Helen of Troy HELE$876M+51%+1%7%9.8×3.9%

How Spectrum Brands compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Spectrum Brands against its 20 peers (data as of 6 Nov 2026)
MeasureSPBPeer medianRank in peer set
1-month return+11.7%-3.4%5th highest of 21
6-month return+6.4%-9.7%8th highest of 21
Distance from 52-week high-12.5%-30.1%3rd highest of 21
Revenue growth (TTM)+0.8%+4.8%9th lowest of 21
Operating margin9.1%7.1%9th highest of 21
Forward P/E17.1×18.1×7th cheapest of 18
Growth the price implies (Req g, 7 yrs)-2.5%4.5%4th least demanding of 15
Growth delivered (Del g)+1.4%+8.5%lowest of 15
Hurdle (Req g minus delivered)-3.9 pp-4.9 pp7th most demanding of 15
ROIC minus cost of capital+0.5 pp+2.1 pp9th lowest of 21
EV / EBITDA7.1×10.9×2nd cheapest of 7
Net debt / EBITDA1.4×-0.1×4th most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Spectrum Brands SPBUnited States$1.99B+6%+1%9%17.1×-2.5%+1.4%
Whirlpool WHRUnited States$2.01B-32%-6%2%n/an/an/a
Sonos SONOUnited States$1.94B+9%+6%6%149.2×17.3%+1.7%
Hangzhou Robam Appliances 002508.SZChina$2.28B-10%-18%8%14.4×6.3%+4.5%
Tatung 2371.TWTaiwan$1.70B-15%+8%4%10.0×n/an/a
Shanghai Flyco Electrical Appliance 603868.SSChina$2.34B+4%+1%17%24.2×4.6%+1.5%
Theon International THEON.ASNetherlands$2.36B-10%+32%23%17.1×18.7%+52.2%
Cowell e 1415.HKHong Kong$2.38B-33%+15%7%9.8×-10.3%+36.2%
Edifier Technology 002351.SZChina$1.60B+8%-1%18%22.3×3.0%+7.6%
Electrolux ELUX-A.STSweden$2.50B+11%-3%-1%18.1×1.2%+2.6%
Sichuan Jiuzhou Electric 000801.SZChina$1.58B-19%+20%3%45.1×n/an/a
IMAX IMAXUnited States$2.61B+35%+15%23%18.8×12.2%+24.5%
Shenzhen Newway Photomask Making 688401.SSChina$1.45B-27%+18%26%17.9×23.6%+23.7%
Casio Computer 6952.TJapan$2.74B+24%+12%11%15.9×0.2%+4.0%
Kingclean Electric 603355.SSChina$2.79B+4%-2%8%35.9×4.4%+9.4%
OneRobotics (Shenzhen) 6600.HKHong Kong$1.41B-55%+48%-9%n/an/an/a
Gettop Acoustic 002655.SZChina$1.39B-19%+11%2%n/an/an/a
Tamron 7740.TJapan$1.39B+22%+2%17%15.3×5.9%+12.0%
Guangdong Xinbao Electrical Appliances 002705.SZChina$1.38B-25%-4%4%24.3×-2.7%+4.2%
Joyoung 002242.SZChina$2.87B+131%-7%-1%159.7×n/an/a
Guangdong TCL Smart Home Appliances 002668.SZChina$1.37B-12%+4%12%8.4×-18.7%+17.4%

Questions

Who are Spectrum Brands's main competitors?
Named competitors: Central Garden & Pet (CENT), Newell Brands (NWL), Scotts Miracle-Gro (SMG), Helen of Troy (HELE). The cockpit's measured peer set (industry) also includes Whirlpool (WHR), Sonos (SONO), Hangzhou Robam Appliances (002508.SZ), Tatung (2371.TW), Shanghai Flyco Electrical Appliance (603868.SS), Theon International (THEON.AS).
Is Spectrum Brands expensive compared with its peers?
On forward p/e it trades at 17.1× against a peer median of 18.1×, 7th cheapest of 18 in its peer set. For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -4 pp: the price already allows for a slowdown.
How has Spectrum Brands stock performed?
Over six months to 6 Nov 2026 the shares returned +6.4% against -9.7% for the median peer; over one year +56.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.