VVV · Valvoline Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $503.80M | $461.80M | $439.00M | $403.20M | $414.30M | $421.40M | $388.70M | $373.40M | $376.20M | $344.50M |
| Cost of Revenue | $316.80M | $289.30M | $261.40M | $252.70M | $261.40M | $253.90M | $242.50M | $238.60M | $225.50M | $217.80M |
| Gross Profit | $187.00M | $172.50M | $177.60M | $150.50M | $152.90M | $167.50M | $146.20M | $134.80M | $150.70M | $126.70M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $98.70M | $106.80M | $85.50M | $86.30M | $82.80M | $77.20M | $72.30M | $74.50M | $65.60M | $62.60M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $86.00M | $18.30M | $94.70M | $66.90M | $143.80M | $93.40M | $76.40M | $62.80M | $86.50M | $61.20M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $14.20M | $26.20M | $20.00M | $12.60M | $33.30M | $17.00M | $14.00M | $11.90M | $22.90M | $11.40M |
| Net Income | $44.80M | ($32.80M) | $56.50M | $37.60M | $91.60M | $45.90M | $41.40M | $31.90M | $61.60M | $1.23B |
| EPS - Basic | $0.35 | ($0.26) | $0.44 | $0.29 | $0.71 | $0.35 | $0.32 | $0.24 | $0.38 | $7.15 |
| EPS - Diluted | $0.35 | ($0.26) | $0.44 | $0.29 | $0.71 | $0.35 | $0.32 | $0.24 | $0.38 | $7.11 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $84.70M | $69.90M | $51.60M | $61.90M | $60.00M | $68.30M | $494.50M | $420.70M | $409.10M | $2.33B |
| Accounts Receivable | $92.60M | $98.50M | $89.60M | $86.10M | $84.70M | $86.40M | $109.60M | $83.50M | $81.30M | $61.10M |
| Inventory | $47.60M | $48.50M | $42.60M | $41.50M | $38.00M | $39.70M | $37.50M | $31.50M | $33.30M | $33.50M |
| Accounts Payable | $112.70M | $113.40M | $118.90M | $102.50M | $88.30M | $117.40M | $118.80M | $77.20M | $118.70M | $85.80M |
| Current Assets | $272.30M | $255.20M | $243.70M | $230.00M | $212.70M | $255.40M | $701.40M | $710.60M | $936.70M | $2.46B |
| Total Assets | $3.42B | $3.40B | $2.67B | $2.45B | $2.35B | $2.44B | $2.76B | $2.71B | $2.89B | $4.28B |
| Current Liabilities | $371.30M | $363.80M | $347.40M | $315.60M | $303.60M | $353.90M | $963.70M | $317.40M | $362.30M | $621.60M |
| Long-term Debt | $1.63B | $1.63B | $1.05B | $1.05B | $1.01B | $1.07B | $951.30M | $1.56B | $1.56B | $1.57B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $353.10M | $307.60M | $338.50M | $248.70M | $229.80M | $185.60M | $60.10M | $64.80M | $203.20M | $1.37B |
| Retained Earnings | $285.60M | $240.80M | $273.60M | $192.10M | $175.20M | $123.20M | $400.0K | ($200.0K) | $140.70M | $1.31B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $64.80M | - | - | $41.20M | - | - | $19.90M | - | - |
| Investing Cash Flow | - | ($631.40M) | - | - | $64.00M | - | - | $172.30M | - | - |
| Financing Cash Flow | - | $584.70M | - | - | ($112.70M) | - | - | ($184.70M) | - | - |
| CapEx | - | $57.40M | - | - | $53.60M | - | - | $42.30M | - | - |
| Free Cash Flow | - | $7.40M | - | - | ($12.40M) | - | - | ($22.40M) | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.1% | 37.4% | 40.5% | 37.3% | 36.9% | 39.7% | 37.6% | 36.1% | 40.1% | 36.8% |
| Operating margin | 17.1% | 4.0% | 21.6% | 16.6% | 34.7% | 22.2% | 19.7% | 16.8% | 23.0% | 17.8% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 8.9% | -7.1% | 12.9% | 9.3% | 22.1% | 10.9% | 10.7% | 8.5% | 16.4% | 356.3% |
| Free cash flow margin | - | 1.6% | - | - | -3.0% | - | - | -6.0% | - | - |
| FCF / Net income | - | -0.23 | - | - | -0.14 | - | - | -0.70 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.6% | 23.1% | 19.5% | 21.4% | 20.0% | 18.3% | 18.6% | 20.0% | 17.4% | 18.2% |
| Effective tax rate | 24.1% | - | 26.1% | 25.1% | 26.7% | 27.0% | 25.3% | 27.2% | 27.1% | 0.9% |
| Return on assets | 1.3% | -1.0% | 2.1% | 1.5% | 3.9% | 1.9% | 1.5% | 1.2% | 2.1% | 28.7% |
| Return on equity | 12.7% | -10.7% | 16.7% | 15.1% | 39.9% | 24.7% | 68.9% | 49.2% | 30.3% | 89.4% |
| Return on invested capital | 3.3% | 0.7% | 5.0% | 3.9% | 8.5% | 5.4% | 5.6% | 2.8% | 3.6% | 2.1% |
| Liquidity | ||||||||||
| Current ratio | 0.73 | 0.70 | 0.70 | 0.73 | 0.70 | 0.72 | 0.73 | 2.24 | 2.59 | 3.95 |
| Quick ratio | 0.61 | 0.57 | 0.58 | 0.60 | 0.58 | 0.61 | 0.69 | 2.14 | 2.49 | 3.90 |
| Cash ratio | 0.23 | 0.19 | 0.15 | 0.20 | 0.20 | 0.19 | 0.51 | 1.33 | 1.13 | 3.76 |
| Leverage | ||||||||||
| Debt / Equity | 4.61 | 5.31 | 3.10 | 4.23 | 4.39 | 5.77 | 15.83 | 24.02 | 7.69 | 1.15 |
| Debt / Assets | 0.48 | 0.48 | 0.39 | 0.43 | 0.43 | 0.44 | 0.34 | 0.57 | 0.54 | 0.37 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 9.69 | 11.06 | 7.89 | 9.86 | 10.23 | 13.14 | 45.97 | 41.81 | 14.22 | 3.12 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | 0.14 | 0.16 | 0.16 | 0.18 | 0.17 | 0.14 | 0.14 | 0.13 | 0.08 |
| Inventory turnover | 6.66 | 5.96 | 6.14 | 6.09 | 6.88 | 6.40 | 6.47 | 7.57 | 6.77 | 6.50 |
| Days sales outstanding | 67d | 78d | 74d | 78d | 75d | 75d | 103d | 82d | 79d | 65d |
| Days inventory outstanding | 55d | 61d | 59d | 60d | 53d | 57d | 56d | 48d | 54d | 56d |
| Days payable outstanding | 130d | 143d | 166d | 148d | 123d | 169d | 179d | 118d | 192d | 144d |
| Cash conversion cycle | -8d | -4d | -32d | -10d | 4d | -37d | -19d | 12d | -59d | -23d |
| Valuation | ||||||||||
| P / E | 96.2x | - | 81.6x | 120.0x | 51.0x | 119.6x | 139.3x | 156.6x | 84.8x | 4.9x |
| P / B | 12.2x | 12.1x | 13.6x | 17.9x | 20.4x | 29.4x | 96.9x | 77.0x | 25.8x | 4.4x |
| P / S | 8.6x | 8.0x | 10.5x | 11.1x | 11.3x | 12.9x | 15.0x | 13.4x | 13.9x | 17.5x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 25.0% | 11.5% | 4.2% | 3.7% | 11.0% | 12.0% | 12.8% | 12.2% | -60.7% | -61.1% |
| Revenue CAGR (3y) | 13.5% | 11.5% | -22.9% | -23.1% | -21.5% | -19.0% | -17.8% | -17.0% | -10.0% | -15.8% |
| Revenue CAGR (5y) | -6.4% | -6.7% | -3.2% | -6.9% | -7.4% | -6.1% | -8.0% | -7.7% | -8.2% | -9.5% |
| Gross profit growth (YoY) | 24.3% | 12.8% | 6.0% | 2.9% | 13.4% | 11.1% | 15.4% | 13.5% | -45.4% | -49.3% |
| Operating income growth (YoY) | 28.6% | -87.3% | 1.4% | -12.4% | 129.0% | 8.0% | 24.8% | 114.3% | -37.3% | -47.7% |
| Net income growth (YoY) | 19.1% | - | 23.1% | -9.2% | 187.1% | -25.5% | -96.6% | -61.1% | -37.8% | 1415.2% |
| EPS growth (YoY) | 20.7% | - | 25.7% | -9.4% | 195.8% | -7.9% | -95.5% | -47.8% | -30.9% | 1480.0% |
| EPS CAGR (3y) | -63.4% | - | -7.2% | -13.6% | 13.9% | -12.9% | -4.7% | -20.1% | 5.9% | 178.3% |
| EPS CAGR (5y) | -1.1% | - | 6.6% | -2.6% | 12.7% | 0.6% | -0.6% | -3.0% | 2.9% | 84.8% |
| FCF growth (YoY) | - | - | - | - | 44.6% | - | - | 53.9% | - | - |
| FCF CAGR (5y) | - | -30.0% | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 42.0% | 33.9% | 82.4% | 313.8% | 254.6% | -8.7% | -95.6% | -77.6% | -33.7% | 586.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$1.71B totalReportable Segment$1.71B · 100.0%
Product / service
$1.70B totalOil Changes$1.25B · 73.2%
Non Oil Changes$368.40M · 21.6%
Franchise$87.90M · 5.2%
Geographic
$1.71B totalUS$1.66B · 96.9%
International$53.20M · 3.1%
Peer comparison
Same SIC group: Miscellaneous Products of Petroleum & Coal
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| KWR | $1.89B | -0.1% | -0.2% |
Comparing VALVOLINE INC against the 1 most active filer in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Dec 1, 2022 | $0.1250 |
| Aug 30, 2022 | $0.1250 |
| May 27, 2022 | $0.1250 |
| Feb 25, 2022 | $0.1250 |
| Nov 26, 2021 | $0.1250 |
| Aug 27, 2021 | $0.1250 |
| May 27, 2021 | $0.1250 |
| Feb 25, 2021 | $0.1250 |
| Nov 27, 2020 | $0.1250 |
| Aug 28, 2020 | $0.1130 |
| May 28, 2020 | $0.1130 |
| Feb 27, 2020 | $0.1130 |
| Nov 27, 2019 | $0.1130 |
| Aug 29, 2019 | $0.1060 |
| May 30, 2019 | $0.1060 |
| Feb 28, 2019 | $0.1060 |
| Nov 29, 2018 | $0.1060 |
| Aug 30, 2018 | $0.0750 |
| May 31, 2018 | $0.0750 |
| Feb 28, 2018 | $0.0750 |
| Nov 30, 2017 | $0.0750 |
| Aug 30, 2017 | $0.0490 |
| May 30, 2017 | $0.0490 |
| Feb 27, 2017 | $0.0490 |