Friday 6 November 2026
Export WDFC’s income statement to Excel — free account
WD-40 Company
WDFC Basic Materials Specialty Chemicals
WD-40 Company’s revenue for fiscal 2026 (year ended August 2026) was $688.0 million, up 11.0% from fiscal 2025.
- Revenue
- +8.14%
- EPS
- −31.9%
- Free cash flow
- +63.5%
- Total debt
- −1.09%
Quarter to August 2026, against a year earlier
221.53
5.80
−2.55%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to August
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 381 | 409 | 423 | 408 | 488 | 519 | 537 | 591 | 620 | 688 | +6.8% | 728 | 766 | 836 | +6.7% | |
| Gross margin, % | 56.21 | 55.14 | 54.88 | 54.59 | 54.03 | 49.10 | 51.04 | 53.38 | 55.06 | 55.31 | (0.9) pt | ||||||
| EBT | 75 | 75 | 81 | 76 | 86 | 84 | 85 | 92 | 102 | 106 | +4.0% | ||||||
| EBT margin, % | 19.61 | 18.40 | 19.08 | 18.49 | 17.72 | 16.21 | 15.85 | 15.50 | 16.39 | 15.48 | (4.1) pt | ||||||
| Net income | 53 | 65 | 56 | 61 | 70 | 67 | 66 | 70 | 91 | 82 | +5.0% | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 27.01 | 29.33 | 30.68 | 29.84 | 35.63 | 37.96 | 39.57 | 43.57 | 45.78 | 51.08 | +7.3% | |||||
| Earnings | 3.73 | 4.65 | 4.03 | 4.41 | 5.11 | 4.91 | 4.84 | 5.12 | 6.70 | 6.10 | +5.6% | ||||||
| Cash flow | 3.94 | 4.65 | 4.55 | 5.31 | 6.18 | 0.19 | 7.25 | 6.79 | 6.49 | 7.79 | +7.9% | ||||||
| Capex | (1.40) | (0.87) | (0.93) | (1.38) | (1.06) | (0.56) | (0.46) | (0.26) | (0.30) | (0.49) | (10.9%) | ||||||
| Free cash flow | 2.54 | 3.79 | 3.62 | 3.92 | 5.13 | (0.37) | 6.79 | 6.53 | 6.19 | 7.30 | +12.4% | ||||||
| Book value | 9.89 | 11.16 | 10.54 | 11.71 | 14.63 | 13.80 | 15.48 | 17.01 | 19.80 | 20.27 | +8.3% | ||||||
| Shares, m | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 13 | (0.5%) | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 29.21 | 38.16 | 45.55 | 46.34 | 46.89 | 38.53 | 44.30 | 50.56 | 31.88 | 35.05 | 40.6 | |||||
| P/S | 4.03 | 6.05 | 5.98 | 6.85 | 6.72 | 4.98 | 5.43 | 5.93 | 4.67 | 4.19 | 5.5 | ||||||
| P/B | 11.01 | 15.90 | 17.41 | 17.45 | 16.38 | 13.71 | 13.88 | 15.19 | 10.79 | 10.57 | 14.2 | ||||||
| EV/Sales | 4.13 | 6.14 | 6.11 | 6.99 | 6.79 | 5.19 | 5.57 | 6.01 | 4.71 | 4.21 | 5.6 | ||||||
| EV/FCF | 43.85 | 47.57 | 51.97 | 53.33 | 47.26 | (511.96) | 32.50 | 40.19 | 34.93 | 29.54 | (13.1) | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | 56 | 65 | 63 | 73 | 85 | 3 | 98 | 92 | 88 | 105 | +7.3% | |||||
| Capex | (20) | (12) | (13) | (19) | (14) | (8) | (6) | (4) | (4) | (7) | (11.4%) | ||||||
| Free cash flow | 36 | 53 | 50 | 54 | 70 | (5) | 92 | 89 | 84 | 98 | +11.9% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | 149 | 82 | 73 | 125 | 155 | 139 | 160 | 152 | 183 | 181 | +2.1% | |||||
| Net debt | 37 | 37 | 54 | 57 | 30 | 108 | 72 | 48 | 29 | 15 | (9.2%) | ||||||
| Shareholders’ equity | 139 | 155 | 145 | 160 | 200 | 189 | 210 | 231 | 268 | 273 | +7.8% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | 14.83 | 18.87 | 17.94 | 18.16 | 17.65 | 15.52 | 15.07 | 15.70 | 19.62 | 16.93 | +2.1 pt | |||||
| ROIC | 26.94 | 25.48 | 25.79 | 22.16 | 24.12 | 18.37 | 19.84 | 21.63 | 21.84 | 23.61 | (3.3) pt | ||||||
| ROE | 37.61 | 43.95 | 36.93 | 39.51 | 38.79 | 34.49 | 32.96 | 31.61 | 36.39 | 30.35 | (7.3) pt | ||||||
| People | |||||||||||||||||
| People | Employees | 448 | 480 | 495 | 522 | 540 | 583 | 613 | 644 | 714 | 753 | +5.9% | |||||
| Revenue/emp, $m | 0.85 | 0.85 | 0.86 | 0.78 | 0.90 | 0.89 | 0.88 | 0.92 | 0.87 | 0.91 | +0.8% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Aug 2026 · latest quarter Aug 2026 · fundamentals updated 2 Nov 2026
WD-40 Company vs peers in Specialty Chemicals (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AVNT Avient Corporation | $4.2B | 23.1× | 17.6× | +10.50% (above 0%: growing) | +31.78% (above 0%: growing) | +101.69% (above 0%: growing) | 30.50% | 9.27% | Compare |
| CLMT Calumet, Inc. | $3.8B | — (loss-making) | — (loss-making) | +40.77% (above 0%: growing) | n/m | +450.65% (above 0%: growing) | 1.27% | (2.77%) | Compare |
| CBT Cabot Corporation | $3.8B | 17.0× | 17.2× | +12.24% (above 0%: growing) | +79.43% (above 0%: growing) | −51.65% (below 0%: shrinking) | 20.22% | 11.99% | Compare |
| ASH Ashland Inc. | $3.5B | 67.2× | 39.4× | +4.40% (above 0%: growing) | n/m | +400.00% (above 0%: growing) | 35.94% | 5.82% | Compare |
| HWKN Hawkins, Inc. | $3.2B | 36.5× | 36.3× | +11.90% (above 0%: growing) | +23.06% (above 0%: growing) | +1.32% (above 0%: growing) | 24.41% | 13.35% | Compare |
| WDFC WD-40 Company | $3.0B | 36.3× | 32.3× | +8.14% (above 0%: growing) | −31.85% (below 0%: shrinking) | +63.49% (above 0%: growing) | 52.78% | 10.78% | |
| FUL H. B. Fuller Company | $2.7B | 13.7× | 11.7× | +5.17% (above 0%: growing) | +18.19% (above 0%: growing) | −58.41% (below 0%: shrinking) | 33.22% | 12.07% | Compare |
| KWR Quaker Houghton | $2.6B | 26.8× | 21.6× | +10.27% (above 0%: growing) | −0.42% (below 0%: shrinking) | −92.40% (below 0%: shrinking) | 35.54% | 8.97% | Compare |
| NGVT Ingevity Corporation | $2.2B | 33.6× | 18.4× | −8.41% (below 0%: shrinking) | +19.78% (above 0%: growing) | −136.08% (below 0%: shrinking) | 43.53% | 28.25% | Compare |
| Median of peers | $3.3B | 26.8× | 18.4× | +10.39% | +21.42% | −25.16% | 31.86% | 10.63% |
Pay and ownership Proxy statement filed 30 October 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2026 | 4.38m | 3.11m | 97.09 |
| 2025 | 4.27m | 1.48m | 96.14 |
| 2024 | 3.66m | 4.97m | 115.10 |
| 2023 | 2.46m | 2.72m | 92.72 |
| 2022 | 3.63m | 3.46m | 80.15 |
Ownership
Directors and executive officers, together
less than 1%
BlackRock, Inc.50 Hudson YardsNew York, NY
15.50%
Vanguard Portfolio Management, LLC and its affiliates100 Vanguard Blvd.Malvern, PA
13.45%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
WD-40 Company (WDFC) Latest News
23 Oct
22 Oct
21 Oct
11 Jul
10 Jul
WDFC metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score