Pricing Log in Create free account
Saturday 17 October 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 2025 (year ended August 2025) was $620.0 million, up 4.98% from fiscal 2024. In the quarter to May 2026, revenue grew 24.4%, EPS grew 45.5%, free cash flow fell 13.3% and total debt rose 5.05%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five; insiders bought in the last twelve months.

200.09 0.99 −0.49%
Market cap
$2.7B
P/E
30.3×
Fwd P/E
34.0×
Dividend yield
2.51%
F-score
8/9
Altman Z
12.53
Beneish M
−2.45
Dividend safety
80/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.10
Total sells 0.12
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — 1 — — — — — — — —
Sell — — — — — — — — — 2 — —
Insider Ownership 0.76%

Capital & Financial Ratios $m

Market Cap 2,700.00
Revenue 674.68
Net Income 89.23
Free Cash Flow 80.12
Net Debt 41.53
Current Ratio 2.65 (at or above 1.5: strong)
Debt/Equity 0.36 (at or below 0.5: strong)
P/E ratio 30.27
Fwd P/E 34.00
P/S ratio 3.99
P/B ratio 9.66 (above 6: high)
Past 5Y EPS Growth 8.74%
This Y EPS Growth (6.97%) (below 0%: weak)
Next Y EPS Growth 4.02%
Next Y revenue growth 10.16% (at or above 10%: strong)
Next 5Y EPS Growth 2.53%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 4.1×, against a ten-year median of 5.3×; over the ten years it ranged from 4.0× in 2017 to 9.9× in 2021.
P/E against its own 10 years 10.65%
10-year low 10-year high
P/S against its own 10 years 6.08%
10-year low 10-year high
P/B against its own 10 years 1.58%
10-year low 10-year high
EV/Sales against its own 10 years 6.04%
10-year low 10-year high
EV/FCF against its own 10 years 24.53%
10-year low 10-year high

Dividends

Payout Ratio 0.76
Annual Dividend Rate 5.02
Annual Dividend Yield 2.51%
total individual payouts
2026 4.08
1.02
1.02
1.02
1.02
2025 3.76
0.94
0.94
0.94
0.94
2024 3.52
0.88
0.88
0.88
0.88
2023 3.32
0.83
0.83
0.83
0.83
2022 3.12
0.78
0.78
0.78
0.78
2021 2.83
0.67
0.72
0.72
0.72
2020 2.68
0.67
0.67
0.67
0.67
2019 2.44
0.61
0.61
0.61
0.61
2018 2.16
0.54
0.54
0.54
0.54
2017 1.96
0.49
0.49
0.49
0.49
2016 1.68
0.42
0.42
0.42
0.42
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 48 47 58 59
Receivables 98 117 121 150
Inventory 87 79 80 81
Other 16 12 26 15
249 255 285 305
2023 2024 2025 Q'26
Payables 31 36 38 36
ST’ Debt 11 9 1 15
Other — — — —
89 104 102 115

Compound Annual Growth %

10y 5y 3y
Sales 5.07% 8.70% 6.12%
Cash Flow 4.79% 3.89% 223.21%
Earnings 7.38% 8.47% 10.59%
Book Value 5.44% 10.84% 12.44%

Revenue $m

Nov Feb May Aug Year
’26 154 162 195 — —
’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
’20 99 100 98 112 408
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Nov Feb May Aug Year
’26 10 14 31 — —
’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
’20 15 8 17 32 73
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Nov Feb May Aug Year
’26 9 13 30 — —
’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
’20 9 3 11 30 54
Fiscal quarters ending in the months shown.

EPS $

Nov Feb May Aug Year
’26 1.28 1.50 2.24 — —
’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
’20 0.88 1.04 1.06 1.42 4.40
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to August

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 94.00 100.60 115.55 153.91 151.16 207.11 145.16 158.60 211.03 186.19

Analyst estimates 2026–2028

Powerpack
High 125.00 122.65 187.50 199.48 272.58 333.42 255.31 245.76 292.36 253.48
People
People Employees 445 448 480 495 522 540 583 613 644 714
Revenue/emp, $m 0.86 0.85 0.85 0.86 0.78 0.90 0.89 0.88 0.92 0.87
Income, $m
Income, $m Revenue 381 381 409 423 408 488 519 537 591 620
Gross margin, % 56.31 56.21 55.14 54.88 54.59 54.03 49.10 51.04 53.38 55.06
EBT 73 75 75 81 76 86 84 85 92 102
EBT margin, % 19.12 19.61 18.40 19.08 18.49 17.72 16.21 15.85 15.50 16.39
Net income 53 53 65 56 61 70 67 66 70 91
Depreciation 6 7 8 8 8 7 8 8 11 10
Per share, $
Per share, $ Revenue 26.56 27.01 29.33 30.68 29.84 35.63 37.96 39.57 43.57 45.78
Earnings 3.65 3.73 4.65 4.03 4.41 5.11 4.91 4.84 5.12 6.70
Cash flow 4.56 3.94 4.65 4.55 5.31 6.18 0.19 7.25 6.79 6.49
Capex (0.28) (1.40) (0.87) (0.93) (1.38) (1.06) (0.56) (0.46) (0.26) (0.30)
Free cash flow 4.27 2.54 3.79 3.62 3.92 5.13 (0.37) 6.79 6.53 6.19
Book value 9.80 9.89 11.16 10.54 11.71 14.63 13.80 15.48 17.01 19.80
Shares, m 14 14 14 14 14 14 14 14 14 14
Valuation, ×
Valuation, × P/E 32.42 29.21 38.16 45.55 46.34 46.89 38.53 44.30 50.56 31.88
P/S 4.46 4.03 6.05 5.98 6.85 6.72 4.98 5.43 5.93 4.67
P/B 12.08 11.01 15.90 17.41 17.45 16.38 13.71 13.88 15.19 10.79
EV/Sales 4.49 4.13 6.14 6.11 6.99 6.79 5.19 5.57 6.01 4.71
EV/FCF 28.76 43.85 47.57 51.97 53.33 47.26 (511.96) 32.50 40.19 34.93
Cash, $m
Cash, $m Operating cash flow 65 56 65 63 73 85 3 98 92 88
Capex (4) (20) (12) (13) (19) (14) (8) (6) (4) (4)
Free cash flow 61 36 53 50 54 70 (5) 92 89 84
Balance, $m
Balance, $m Working capital 151 149 82 73 125 155 139 160 152 183
Total debt 122 154 86 81 114 116 146 121 95 87
Net debt 13 37 37 54 57 30 108 72 48 29
Shareholders’ equity 140 139 155 145 160 200 189 210 231 268
Returns, %
Returns, % ROA 15.40 14.83 18.87 17.94 18.16 17.65 15.52 15.07 15.65 19.62
ROIC 28.98 26.94 25.48 25.79 22.16 24.12 18.37 19.84 21.63 21.84
ROE 35.07 37.61 43.95 36.93 39.51 38.79 34.49 32.96 31.49 36.39
Negative figures in brackets.

All 10 years →

Fiscal years to Aug 2025 · latest quarter May 2026

Charts ten years each

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 $3.6B 21.0× 14.0× +5.83% (above 0%: growing) +24.56% (above 0%: growing) −16.67% (below 0%: shrinking) 33.54% 12.26% Compare
ASH Ashland Inc. $3.3B 62.4× 24.9× +7.34% (above 0%: growing) n/m +5.26% (above 0%: growing) 34.21% 8.65% Compare
FUL H. B. Fuller Company $2.8B 14.1× 16.8× +5.17% (above 0%: growing) +18.19% (above 0%: growing) −58.41% (below 0%: shrinking) 33.22% 12.07% Compare
HWKN Hawkins, Inc. $2.8B 33.8× 36.3× +7.64% (above 0%: growing) −3.55% (below 0%: shrinking) +30.29% (above 0%: growing) 23.44% 12.25% Compare
KWR Quaker Houghton $2.7B 27.9× 25.2× +10.17% (above 0%: growing) n/m −43.19% (below 0%: shrinking) 35.53% 7.62% Compare
WDFC WD-40 Company $2.7B 30.3× 34.0× +24.35% (above 0%: growing) +45.45% (above 0%: growing) −13.28% (below 0%: shrinking) 56.59% 20.67%
NGVT Ingevity Corporation $2.4B 45.3× 18.5× −5.25% (below 0%: shrinking) n/m −136.08% (below 0%: shrinking) 44.25% 19.13% Compare
IOSP Innospec Inc. $2.4B 19.7× 16.3× +11.76% (above 0%: growing) +32.98% (above 0%: growing) −63.16% (below 0%: shrinking) 28.14% 8.08% Compare
MTX Minerals Technologies Inc. $2.0B — (loss-making) 12.4× +3.69% (above 0%: growing) n/m +5.92% (above 0%: growing) 24.40% (40.17%) Compare
Median of peers $2.7B 27.9× 17.7× +6.59% +21.38% −29.93% 33.38% 10.36%

All 60 Specialty Chemicals stocks →

WD-40 Company (WDFC) key facts

  • Strength: WD-40 Company’s revenue for fiscal 2025 (year ended August 2025) was $620.0 million, up 4.98% from fiscal 2024.
  • Strength: Net income was $91.0 million, or $6.70 per share (basic), a net margin of 14.6%.
  • WD-40 Company (WDFC) is a Specialty Chemicals company in the Basic Materials sector, listed on Nasdaq.
  • As of October 16, 2026, WDFC traded at $200.09, a market capitalization of $2.7 billion.
  • At that price the stock trades at 30.3× trailing-twelve-month earnings and 4.0× sales; its P/E is higher than 11% of its own readings over the past ten years.
  • WD-40 Company pays an annual dividend of $5.02 per share, a yield of 2.51%, with a payout ratio of 76.3%.
  • Return on equity was 36.4% and debt-to-equity 0.36.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 12.53 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

WD-40 Company (WDFC) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/WDFC · Data as of May 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com