Oil-Dri Corporation Of America
ODC Basic Materials Specialty Chemicals
Oil-Dri Corporation Of America’s revenue for fiscal 2026 (year ended July 2026) was $493.8 million, up 1.70% from fiscal 2025. In the quarter to July 2026, revenue grew 3.26%, EPS grew 8.03%, free cash flow fell 20.8% and total debt fell 2.41%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five.
Follow ODC
Oil-Dri Corporation Of America (ODC) Altman Z-score
Oil-Dri Corporation Of America's Altman Z-score for fiscal 2026 is 9.44, in the safe zone (above 2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 9.44 | 2.76 |
| FY2025 | 6.68 | 1.92 |
| FY2024 | 4.76 | (0.80) |
| FY2023 | 5.56 | 1.54 |
| FY2022 | 4.03 | (1.15) |
| FY2021 | 5.18 | 0.57 |
| FY2020 | 4.61 | (0.55) |
| FY2019 | 5.16 | (0.82) |
| FY2018 | 5.99 | 1.11 |
| FY2017 | 4.87 | 0.19 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.33 | — | 0.39 | |
| Retained earnings / total assets | 0.75 | — | 1.06 | |
| EBIT / total assets | 0.16 | — | 0.52 | |
| Market value of equity / total liabilities | 10.53 | — | 6.32 | |
| Sales / total assets | 1.15 | — | 1.15 | |
| Altman Z-score | Safe zone | 9.44 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 8.06 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| LWLG Lightwave Logic Inc. compare | 52.3× |
| ODC Oil-Dri Corporation Of America | 9.4× |
| SCL Stepan Company compare | 2.5× |
| MTX Minerals Technologies Inc. compare | 2.5× |
| KOP Koppers Holdings Inc. compare | 2.2× |
| ECVT Ecovyst Inc. compare | 1.7× |
| KRO Kronos Worldwide Inc compare | 1.4× |
| CC The Chemours Company compare | 1.4× |
| MATV Mativ Holdings, Inc. compare | 0.7× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets