NASDAQ : WDFC
WD-40 Company — Financial statements
Materials · Specialty Chemicals · United States
Last price 219.41 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.94B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
WD-40 Company (WDFC) reported revenue of 687.99M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 687.99M | 687.99M | 619.99M | 590.56M | 537.25M | 518.82M |
| Cost of Revenue | 307.50M | 307.50M | 278.64M | 275.33M | 263.04M | 264.06M |
| Gross Profit | 380.50M | 380.50M | 341.34M | 315.23M | 274.22M | 254.76M |
| Selling, General & Admin | 269.75M | 269.75M | 237.37M | 217.77M | 183.49M | 166.00M |
| Amortization of Goodwill & Intangibles | 1.81M | 1.81M | 183.00K | 1.11M | 1.00M | 1.43M |
| Operating Expenses | 271.56M | 271.56M | 237.55M | 218.88M | 184.50M | 167.44M |
| Operating Income | 108.94M | 108.94M | 103.79M | 96.35M | 89.72M | 87.33M |
| Interest Expense | -2.77M | -2.77M | -3.44M | -4.29M | -5.61M | -2.74M |
| Interest & Investment Income | 671.00K | 671.00K | 517.00K | 474.00K | 231.00K | 102.00K |
| Currency Exchange Gain (Loss) | -300.00K | -300.00K | 700.00K | -1.30M | 500.00K | -1.10M |
| Other Non Operating Income (Expenses) | -35.00K | -35.00K | 57.00K | 270.00K | 322.00K | 518.00K |
| Pretax Income | 106.50M | 106.50M | 101.63M | 91.51M | 85.16M | 84.11M |
| Income Tax Expense | 24.15M | 24.15M | 10.63M | 21.86M | 19.17M | 16.78M |
| Net Income | 82.35M | 82.35M | 90.99M | 69.64M | 65.99M | 67.33M |
| Preferred Dividends & Other Adjustments | 228.00K | 228.00K | 260.00K | 246.00K | 272.00K | 251.00K |
| Net Income to Common | 82.12M | 82.12M | 90.73M | 69.40M | 65.72M | 67.08M |
| Shares Outstanding (Basic) | 13.47M | 13.47M | 13.54M | 13.55M | 13.58M | 13.67M |
| Shares Outstanding (Diluted) | 13.50M | 13.50M | 13.57M | 13.58M | 13.60M | 13.70M |
| EPS (Basic) | 6.10 | 6.10 | 6.70 | 5.12 | 4.84 | 4.91 |
| EPS (Diluted) | 6.08 | 6.08 | 6.69 | 5.11 | 4.83 | 4.90 |
| Free Cash Flow | 97.57M | 97.57M | 83.40M | 87.83M | 91.52M | -5.70M |
| Free Cash Flow Per Share | 7.23 | 7.23 | 6.15 | 6.47 | 6.73 | -0.42 |
| Dividend Per Share | 4.08 | 4.08 | 3.76 | 3.52 | 3.32 | 3.12 |
| Gross Margin | 55.31% | 55.31% | 55.06% | 53.38% | 51.04% | 49.10% |
| Operating Margin | 15.83% | 15.83% | 16.74% | 16.31% | 16.70% | 16.83% |
| Profit Margin | 11.94% | 11.94% | 14.64% | 11.75% | 12.23% | 12.93% |
| Free Cash Flow Margin | 14.18% | 14.18% | 13.45% | 14.87% | 17.04% | -1.10% |
| EBITDA | 119.31M | 119.31M | 111.98M | 105.81M | 97.88M | 95.62M |
| EBITDA Margin | 17.34% | 17.34% | 18.06% | 17.92% | 18.22% | 18.43% |
| D&A For EBITDA | 10.37M | 10.37M | 8.19M | 9.46M | 8.15M | 8.29M |
| EBIT | 108.94M | 108.94M | 103.79M | 96.35M | 89.72M | 87.33M |
| EBIT Margin | 15.83% | 15.83% | 16.74% | 16.31% | 16.70% | 16.83% |
| Effective Tax Rate | 22.68% | 22.68% | 10.46% | 23.89% | 22.51% | 19.95% |
| Advertising Expenses | 85.21M | 85.21M | 71.73M | 33.91M | 28.81M | 27.34M |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 70.61M | 70.61M | 58.13M | 46.70M | 48.14M | 37.84M |
| Cash & Short-Term Investments | 70.61M | 70.61M | 58.13M | 46.70M | 48.14M | 37.84M |
| Accounts Receivable | 122.66M | 122.66M | 120.59M | 117.49M | 98.04M | 89.93M |
| Other Receivables | 3.80M | 3.80M | 4.90M | 500.00K | 1.10M | 5.00M |
| Receivables | 126.46M | 126.46M | 125.49M | 117.99M | 99.14M | 94.93M |
| Inventory | 83.29M | 83.29M | 79.87M | 79.09M | 86.52M | 104.10M |
| Other Current Assets | 15.20M | 15.20M | 21.47M | 11.66M | 14.72M | 12.77M |
| Total Current Assets | 295.56M | 295.56M | 284.96M | 255.44M | 248.53M | 249.64M |
| Property, Plant & Equipment | 75.92M | 75.92M | 73.93M | 74.59M | 74.61M | 73.54M |
| Goodwill | 98.29M | 98.29M | 97.15M | 96.98M | 95.50M | 95.18M |
| Other Intangible Assets | 3.53M | 3.53M | 2.42M | 6.22M | 4.67M | 5.59M |
| Long-Term Deferred Tax Assets | 1.46M | 1.46M | 1.03M | 993.00K | 1.20M | 679.00K |
| Long-Term Deferred Charges | 12.80M | 12.80M | 12.80M | 11.30M | 10.30M | 6.50M |
| Other Long-Term Assets | 6.82M | 6.82M | 3.53M | 3.50M | 3.15M | 3.17M |
| Total Assets | 494.38M | 494.38M | 475.81M | 449.04M | 437.97M | 434.30M |
| Accounts Payable | 41.42M | 41.42M | 37.95M | 35.96M | 30.83M | 32.85M |
| Accrued Expenses | 60.29M | 60.29M | 55.63M | 50.74M | 40.03M | 32.05M |
| Current Portion of Long-Term Debt | 800.00K | 800.00K | 800.00K | 8.66M | 10.80M | 39.17M |
| Current Portion of Leases | 3.40M | 3.40M | 2.28M | 2.29M | 2.14M | 1.70M |
| Current Income Taxes Payable | 1.17M | 1.17M | 857.00K | 1.55M | 494.00K | 51.00K |
| Current Unearned Revenue | 7.76M | 7.76M | 4.73M | 4.29M | 4.55M | 4.99M |
| Total Current Liabilities | 114.84M | 114.84M | 102.26M | 103.50M | 88.84M | 110.82M |
| Long-Term Debt | 85.25M | 85.25M | 86.19M | 85.98M | 109.74M | 107.14M |
| Long-Term Leases | 11.10M | 11.10M | 8.42M | 5.90M | 5.83M | 6.00M |
| Long-Term Deferred Tax Liabilities | 8.58M | 8.58M | 9.38M | 9.07M | 10.30M | 10.53M |
| Other Long-Term Liabilities | 1.63M | 1.63M | 1.41M | 14.07M | 13.07M | 11.19M |
| Total Liabilities | 221.40M | 221.40M | 207.66M | 218.51M | 227.79M | 245.67M |
| Common Stock | 20.00K | 20.00K | 20.00K | 20.00K | 20.00K | 20.00K |
| Additional Paid-In Capital | 185.45M | 185.45M | 180.06M | 175.64M | 171.55M | 165.97M |
| Retained Earnings | 568.98M | 568.98M | 540.66M | 499.93M | 477.49M | 456.08M |
| Treasury Stock | -458.00M | -458.00M | -428.11M | -415.80M | -407.67M | -397.24M |
| Comprehensive Income & Other | -23.48M | -23.48M | -24.48M | -29.27M | -31.21M | -36.21M |
| Shareholders' Equity | 272.97M | 272.97M | 268.15M | 230.53M | 210.18M | 188.62M |
| Total Liabilities & Equity | 494.38M | 494.38M | 475.81M | 449.04M | 437.97M | 434.30M |
| Total Debt | 100.56M | 100.56M | 97.70M | 102.83M | 128.52M | 154.01M |
| Net Cash (Debt) | -29.95M | -29.95M | -39.57M | -56.13M | -80.38M | -116.17M |
| Net Cash Per Share | -2.22 | -2.22 | -2.92 | -4.13 | -5.91 | -8.48 |
| Filing Date Shares Outstanding | 13.39M | 13.39M | 13.53M | 13.54M | 13.56M | 13.58M |
| Total Common Shares Outstanding | 13.41M | 13.41M | 13.53M | 13.55M | 13.56M | 13.60M |
| Working Capital | 180.72M | 180.72M | 182.70M | 151.94M | 159.68M | 138.82M |
| Book Value Per Share | 20.36 | 20.36 | 19.82 | 17.01 | 15.50 | 13.87 |
| Tangible Book Value | 171.16M | 171.16M | 168.59M | 127.32M | 110.00M | 87.86M |
| Tangible Book Value Per Share | 12.77 | 12.77 | 12.46 | 9.40 | 8.11 | 6.46 |
| Land | 4.29M | 4.29M | 4.29M | 4.26M | 4.22M | 4.24M |
| Buildings | 31.21M | 31.21M | 29.70M | 28.43M | 27.55M | 27.96M |
| Machinery | 67.34M | 67.34M | 65.02M | 63.66M | 58.98M | 52.96M |
| Construction In Progress | 1.99M | 1.99M | 3.58M | 3.34M | 7.94M | 10.13M |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 82.35M | 82.35M | 90.99M | 69.64M | 65.99M | 67.33M |
| Depreciation & Amortization | 10.37M | 10.37M | 8.19M | 9.46M | 8.15M | 8.29M |
| Other Amortization | 1.82M | 1.82M | 1.69M | 1.22M | 270.00K | 295.00K |
| Loss (Gain) From Sale of Assets | -311.00K | |||||
| Stock-Based Compensation | 7.63M | 7.63M | 7.31M | 6.54M | 6.43M | 6.70M |
| Provision & Write-off of Bad Debts | 1.14M | 1.14M | 929.00K | 325.00K | 391.00K | 143.00K |
| Other Operating Activities | 216.00K | 216.00K | -10.68M | 228.00K | -2.33M | 2.23M |
| Change in Accounts Receivable | -2.35M | -2.35M | 319.00K | -15.50M | -5.34M | -7.44M |
| Change in Inventory | -1.52M | -1.52M | -5.21M | 6.41M | 19.37M | -53.26M |
| Change in Accounts Payable | 4.95M | 4.95M | 2.92M | 4.32M | -213.00K | 5.21M |
| Change in Other Net Operating Assets | 378.00K | 378.00K | -8.53M | 9.39M | 5.67M | -26.57M |
| Operating Cash Flow | 104.98M | 104.98M | 87.92M | 92.03M | 98.39M | 2.60M |
| Capital Expenditures | -7.40M | -7.40M | -4.53M | -4.21M | -6.87M | -8.30M |
| Sale of Property, Plant & Equipment | 753.00K | 753.00K | 409.00K | 672.00K | 655.00K | 612.00K |
| Cash Acquisitions | -6.20M | |||||
| Divestitures | 1.73M | |||||
| Investing Cash Flow | -6.65M | -6.65M | -2.39M | -9.73M | -6.22M | -7.69M |
| Long-Term Debt Issued | 38.39M | |||||
| Long-Term Debt Repaid | -800.00K | -800.00K | -8.66M | -26.20M | -29.17M | -800.00K |
| Net Debt Issued (Repaid) | -800.00K | -800.00K | -8.66M | -26.20M | -29.17M | 37.59M |
| Repurchase of Common Stock | -31.87M | -31.87M | -15.20M | -10.53M | -11.29M | -33.62M |
| Common Dividends Paid | -54.03M | -54.03M | -50.26M | -47.20M | -44.58M | -41.99M |
| Financing Cash Flow | -86.71M | -86.71M | -74.12M | -83.94M | -85.05M | -38.01M |
| Foreign Exchange Rate Adjustments | 857.00K | 857.00K | 10.00K | 193.00K | 3.17M | -5.02M |
| Net Cash Flow | 12.48M | 12.48M | 11.43M | -1.44M | 10.30M | -48.12M |
| Free Cash Flow | 97.57M | 97.57M | 83.40M | 87.83M | 91.52M | -5.70M |
| Free Cash Flow Margin | 14.18% | 14.18% | 13.45% | 14.87% | 17.04% | -1.10% |
| Free Cash Flow Per Share | 7.23 | 7.23 | 6.15 | 6.47 | 6.73 | -0.42 |
| Levered Free Cash Flow | 92.10M | 92.10M | 63.92M | 78.83M | 77.92M | -9.98M |
| Unlevered Free Cash Flow | 93.84M | 93.84M | 66.07M | 81.51M | 81.43M | -8.26M |
| Cash Interest Paid | 2.78M | 2.78M | 3.52M | 4.46M | 5.52M | 2.69M |
| Cash Income Tax Paid | 22.72M | 22.72M | 26.44M | 19.84M | 12.81M | 18.34M |
| Change in Working Capital | 1.46M | 1.46M | -10.51M | 4.62M | 19.48M | -82.07M |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.05B | 2.87B | 2.92B | 3.56B | 2.91B | 2.58B |
| Enterprise Value | 3.08B | 2.93B | 2.98B | 3.63B | 3.02B | 2.67B |
| Last Close Price | 227.83 | 213.06 | 210.93 | 252.55 | 203.48 | 175.96 |
| PE Ratio | 37.47 | 35.00 | 32.22 | 51.31 | 44.34 | 38.43 |
| Forward PE | 34.85 | 35.89 | 39.14 | 48.14 | 38.89 | 33.48 |
| PS Ratio | 4.43 | 4.18 | 4.72 | 6.03 | 5.42 | 4.97 |
| PB Ratio | 11.19 | 10.53 | 10.90 | 15.45 | 13.87 | 13.67 |
| P/TBV Ratio | 17.83 | 16.79 | 17.34 | 27.97 | 26.49 | 29.34 |
| P/FCF Ratio | 31.27 | 29.46 | 35.06 | 40.55 | 31.84 | |
| P/OCF Ratio | 29.07 | 27.38 | 33.25 | 38.69 | 29.62 | 989.93 |
| PEG Ratio | 5.26 | 1.11 | 1.11 | 1.11 | 1.11 | |
| EV/Sales Ratio | 4.48 | 4.26 | 4.80 | 6.15 | 5.62 | 5.15 |
| EV/EBITDA Ratio | 25.83 | 24.55 | 26.60 | 34.32 | 30.86 | 27.93 |
| EV/EBIT Ratio | 28.28 | 26.89 | 28.70 | 37.69 | 33.66 | 30.59 |
| EV/FCF Ratio | 31.58 | 30.02 | 35.72 | 41.35 | 33.00 | |
| Debt / Equity Ratio | 0.37 | 0.37 | 0.36 | 0.45 | 0.61 | 0.82 |
| Debt / EBITDA Ratio | 0.81 | 0.81 | 0.84 | 0.94 | 1.28 | 1.57 |
| Debt / FCF Ratio | 1.03 | 1.03 | 1.17 | 1.17 | 1.40 | |
| Net Debt / Equity Ratio | 0.11 | 0.11 | 0.15 | 0.24 | 0.38 | 0.62 |
| Net Debt / EBITDA Ratio | 0.25 | 0.25 | 0.35 | 0.53 | 0.82 | 1.22 |
| Net Debt / FCF Ratio | 0.31 | 0.31 | 0.47 | 0.64 | 0.88 | -20.38 |
| Asset Turnover | 1.42 | 1.42 | 1.34 | 1.33 | 1.23 | 1.20 |
| Inventory Turnover | 3.77 | 3.77 | 3.51 | 3.33 | 2.76 | 3.30 |
| Quick Ratio | 1.72 | 1.72 | 1.80 | 1.59 | 1.66 | 1.20 |
| Current Ratio | 2.57 | 2.57 | 2.79 | 2.47 | 2.80 | 2.25 |
| Return on Equity (ROE) | 30.44% | 30.44% | 36.49% | 31.61% | 33.10% | 34.62% |
| Return on Assets (ROA) | 14.04% | 14.04% | 14.03% | 13.58% | 12.86% | 12.63% |
| Return on Invested Capital (ROIC) | 26.45% | 27.59% | 31.27% | 25.41% | 23.36% | 25.70% |
| Return on Capital Employed (ROCE) | 28.70% | 28.70% | 27.80% | 27.90% | 25.70% | 27.00% |
| Earnings Yield | 2.67% | 2.86% | 3.11% | 1.96% | 2.26% | 2.61% |
| FCF Yield | 3.20% | 3.40% | 2.85% | 2.47% | 3.14% | -0.22% |
| Dividend Yield | 1.79% | 1.90% | 1.74% | 1.34% | 1.54% | 1.65% |
| Payout Ratio | 67.11% | 65.62% | 55.23% | 67.77% | 67.55% | 62.36% |
| Buyback Yield / Dilution | 0.52% | 0.52% | 0.10% | 0.18% | 0.67% | 0.27% |
| Total Shareholder Return | 2.31% | 2.42% | 1.84% | 1.52% | 2.22% | 1.92% |