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%
Market cap
$3.0B
P/E
36.3×
Fwd P/E
32.3×
Dividend yield
1.84%
F-score
7/9
Altman Z
11.99
Beneish M
−2.70
Dividend safety
72/100

Insider Decisions last twelve months

Bought, $m 0.10
Sold, $m 0.12
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — — — — — — — —
Sell — — — — — — — — 2 — — —
Insider Ownership 1.03%

Capital & Financial Ratios $m

Size
Market Cap 3,040.00
Revenue ttm 687.99
Net income ttm 82.35
Free cash flow ttm 98.33
Net debt Q 15.44
Valuation
P/E 36.26 (above 35: high)
Forward P/E 32.30
Price / sales 4.34
Forward P/S Powerpack
Price / FCF 30.40
Price / book 10.93 (above 6: high)
Financial health
Current ratio Q 2.57 (at or above 1.5: strong)
Debt / equity Q 0.32 (at or below 0.5: strong)
Interest coverage Q 28.61
Growth
Revenue growth Q +8.14% (above 0%: growing)
Operating income growth Q −32.01% (below 0%: shrinking)
EPS, this year +5.79%
EPS, next year A +8.39%
Revenue, next year A +10.16% (at or above 10%: strong)
EPS, past 5 yrs +3.62%
EPS, next 5 yrs A +6.67%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 40.91%
10-year low 10-year high
P/S against its own 10 years 21.70%
10-year low 10-year high
P/B against its own 10 years 12.87%
10-year low 10-year high
EV/Sales against its own 10 years 19.54%
10-year low 10-year high
EV/FCF against its own 10 years 15.16%
10-year low 10-year high

Dividends raised every year since 2018

Yield
1.84%
Annual rate
4.08
Payout ratio
67.1%
Growth, 2018–26
+8.27%/yr
  1. 2.16 ’18
  2. 2.44 ’19 +13
  3. 2.68 ’20 +10
  4. 2.83 ’21 +6
  5. 3.12 ’22 +10
  6. 3.32 ’23 +6
  7. 3.52 ’24 +6
  8. 3.76 ’25 +7
  9. 4.08 ’26 +9
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 48 47 58 71
Receivables 98 117 121 123
Inventory 87 79 80 83
Other 16 12 26 19
249 255 285 296
2023 2024 2025 2026
Payables 31 36 38 41
ST’ Debt 11 9 1 1
Other — — — —
89 104 102 115

Compound Annual Growth %

10y 5y 3y
Sales 6.10% 7.11% 8.59%
Cash Flow 4.86% 4.38% 2.18%
Earnings 4.62% 3.26% 7.71%
Book Value 6.88% 6.38% 9.10%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Nov Feb May Aug Year
’26 — — — — —
’26 1.28 1.50 2.24 1.06 6.08
’25 1.39 2.19 1.54 1.56 6.69
’24 1.28 1.14 1.46 1.23 5.11
’23 1.02 1.21 1.38 1.21 4.83
’22 1.34 1.41 1.07 1.08 4.90
’21 1.72 1.24 1.52 0.61 5.09
Fiscal quarters ending in the months shown.

Revenue $m

Nov Feb May Aug Year
’26 — — — — —
’26 154 162 195 177 688
’25 153 146 157 163 620
’24 140 139 155 156 591
’23 125 130 142 140 537
’22 135 130 124 130 519
’21 125 112 136 115 488
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 10 14 31 50 105
’25 15 8 35 30 88
’24 27 18 20 27 92
’23 10 11 35 43 98
’22 (1) 5 4 (5) 3
’21 24 19 21 21 85
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 9 13 30 47 98
’25 14 7 34 29 84
’24 26 17 19 27 89
’23 9 9 34 41 92
’22 (3) 4 0 (6) (5)
’21 20 15 18 17 70
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 61 Specialty Chemicals stocks →

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

28 Oct

Impact 3 · · supplychaindive.com

23 Oct

Impact 4 · · MarketBeat
Impact 4 · · Simply Wall St.
Impact 4 · · Simply Wall St.

21 Oct

Impact 4 · · The Motley Fool earnings
Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby transcript
Impact 3 · · MarketBeat
Impact 3 · · Zacks
Impact 3 · · Associated Press
Impact 3 · · StockStory

20 Oct

8 Oct

Impact 3 · · Simply Wall St.

9 Jul

Impact 3 · · MarketBeat

WDFC metrics, ten years each

stockrow.com/WDFC · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com