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

WD-40 Company (WDFC) Piotroski F-score

Alert me on Piotroski F-score

WD-40 Company's Piotroski F-score for fiscal 2026 is 7 out of 9: 7 of nine tests of profitability, leverage and efficiency passed, down from 8 in fiscal 2025.

Piotroski F-score, annual

Embed this chart

Annual newest first

Period Piotroski F-score Change (points)
FY2026 7 (1.00)
FY2025 8 0.00
FY2024 8 1.00
FY2023 7 3.00
FY2022 4 (1.00)
FY2021 5 (1.00)
FY2020 6 0.00
FY2019 6 (1.00)
FY2018 7 3.00
FY2017 4 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 16.93% 19.62% Pass 1
Positive operating cash flow 104.98m 87.93m Pass 1
Rising return on assets 16.93% 19.62% Fail 0
Cash flow above net income 22.86m (2.81m) Pass 1
Falling long-term leverage 0.18 0.19 Pass 1
Rising current ratio 2.57 2.79 Fail 0
No new shares issued 13,469,000 13,544,000 Pass 1
Rising gross margin 55.31% 55.06% Pass 1
Rising asset turnover 1.42 1.34 Pass 1
Piotroski F-score Strong — most fundamentals improved 7

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

More on WDFC