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.

Price · VVV

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.71B	$1.62B	$1.44B	$1.24B	$2.98B	$2.35B
Cost of Revenue	$1.05B	$1.00B	$899.00M	$759.70M	$2.00B	$1.49B
Gross Profit	$658.50M	$618.80M	$544.50M	$476.40M	$980.00M	$863.00M
R&D	-	-	-	-	$15.00M	$13.00M
SG&A	$349.90M	$305.10M	$264.50M	$244.70M	$520.00M	$442.00M
Total Operating Expenses	-	-	-	-	-	-
D&A	$104.90M	$89.20M	$72.00M	$54.70M	$76.00M	$56.00M
Operating Income	$389.90M	$367.20M	$247.20M	$220.30M	$528.00M	$485.00M
Interest Expense	-	-	-	-	-	-
Income Tax	$77.50M	$69.10M	$37.10M	$34.70M	$123.00M	$134.00M
Net Income	$210.70M	$211.50M	$1.42B	$424.30M	$420.00M	$317.00M
EPS - Basic	$1.65	$1.63	$8.79	$2.37	$2.30	$1.70
EPS - Diluted	$1.64	$1.61	$8.73	$2.35	$2.29	$1.69

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$51.60M	$68.30M	$409.10M	$23.40M	$230.00M	$760.00M
Accounts Receivable	$89.60M	$86.40M	$81.30M	$66.10M	$496.00M	$433.00M
Inventory	$42.60M	$39.70M	$33.30M	$29.40M	$258.00M	$199.00M
Accounts Payable	$118.90M	$117.40M	$118.70M	$45.00M	$246.00M	$189.00M
Current Assets	$243.70M	$255.40M	$936.70M	$1.62B	$1.04B	$1.44B
Total Assets	$2.67B	$2.44B	$2.89B	$3.42B	$3.19B	$3.05B
Current Liabilities	$347.40M	$353.90M	$362.30M	$919.40M	$569.00M	$444.00M
Long-term Debt	$1.05B	$1.07B	$1.56B	$1.53B	$1.68B	$1.96B
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$338.50M	$185.60M	$203.20M	$306.60M	$135.00M	($76.00M)
Retained Earnings	$273.60M	$123.20M	$140.70M	$282.00M	$90.00M	($110.00M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$297.20M	$265.10M	($40.80M)	$284.20M	$404.00M	$372.00M
Investing Cash Flow	($201.10M)	$136.80M	$2.04B	($207.60M)	($400.00M)	($222.00M)
Financing Cash Flow	($112.90M)	($746.30M)	($1.67B)	($218.90M)	($536.00M)	$450.00M
CapEx	$259.20M	$224.40M	$180.50M	$132.00M	$144.00M	$151.00M
Free Cash Flow	$38.00M	$40.70M	($221.30M)	$152.20M	$260.00M	$221.00M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	38.5%	38.2%	37.7%	38.5%	32.9%	36.7%
Operating margin	22.8%	22.7%	17.1%	17.8%	17.7%	20.6%
EBITDA margin	28.9%	28.2%	22.1%	22.2%	20.3%	23.0%
Net margin	12.3%	13.1%	98.4%	34.3%	14.1%	13.5%
Free cash flow margin	2.2%	2.5%	-15.3%	12.3%	8.7%	9.4%
FCF / Net income	0.18	0.19	-0.16	0.36	0.62	0.70
R&D / Revenue	-	-	-	-	0.5%	0.6%
SG&A / Revenue	20.5%	18.8%	18.3%	19.8%	17.4%	18.8%
Effective tax rate	26.9%	24.6%	2.5%	7.6%	22.7%	29.7%
Return on assets	7.9%	8.7%	49.1%	12.4%	13.2%	10.4%
Return on equity	62.2%	114.0%	698.7%	138.4%	311.1%	-417.1%
Return on invested capital	20.5%	22.0%	13.6%	11.1%	22.5%	18.1%
Liquidity
Current ratio	0.70	0.72	2.59	1.76	1.82	3.24
Quick ratio	0.58	0.61	2.49	1.73	1.37	2.79
Cash ratio	0.15	0.19	1.13	0.03	0.40	1.71
Leverage
Debt / Equity	3.10	5.77	7.69	4.97	12.42	-25.82
Debt / Assets	0.39	0.44	0.54	0.45	0.53	0.64
Debt / EBITDA	2.12	2.34	4.89	5.55	2.78	3.63
Interest coverage	-	-	-	-	-	-
Equity multiplier	7.89	13.14	14.22	11.14	23.64	-40.14
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.64	0.66	0.50	0.36	0.93	0.77
Inventory turnover	24.69	25.19	27.00	25.84	7.76	7.49
Days sales outstanding	19d	19d	21d	20d	61d	67d
Days inventory outstanding	15d	14d	14d	14d	47d	49d
Days payable outstanding	41d	43d	48d	22d	45d	46d
Cash conversion cycle	-7d	-9d	-14d	12d	63d	70d
Valuation
P / E	21.9x	26.0x	3.7x	10.8x	13.6x	11.3x
P / B	13.6x	29.5x	25.8x	14.9x	42.3x	-
P / S	2.7x	3.4x	3.6x	3.7x	1.9x	1.5x
EV / EBITDA	11.4x	14.2x	20.0x	22.1x	11.8x	8.8x
Growth
Revenue growth (YoY)	5.6%	12.2%	16.8%	-58.5%	26.7%	12.9%
Revenue CAGR (3y)	11.4%	-18.4%	-15.0%	-16.0%	9.3%	6.8%
Revenue CAGR (5y)	-6.2%	-4.9%	-8.8%	-8.5%	-	-
Gross profit growth (YoY)	6.4%	13.6%	14.3%	-51.4%	13.6%	6.5%
Operating income growth (YoY)	6.2%	48.5%	12.2%	-58.3%	8.9%	21.9%
Net income growth (YoY)	-0.4%	-85.1%	234.6%	1.0%	32.5%	52.4%
EPS growth (YoY)	1.9%	-81.6%	271.5%	2.6%	35.5%	53.6%
EPS CAGR (3y)	-11.3%	-11.1%	72.9%	28.8%	39.7%	1.8%
EPS CAGR (5y)	-0.6%	7.9%	59.7%	8.0%	-	-
FCF growth (YoY)	-6.6%	-	-	-41.5%	17.6%	1.8%
FCF CAGR (5y)	-29.7%	-28.4%	-	-9.1%	-	-
Book value growth (YoY)	82.4%	-8.7%	-33.7%	127.1%	-	70.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-09-30.

Business segments

$1.71B total

Reportable Segment$1.71B · 100.0%

Product / service

$1.70B total

Oil Changes$1.25B · 73.2%

Non Oil Changes$368.40M · 21.6%

Franchise$87.90M · 5.2%

Geographic

$1.71B total

US$1.66B · 96.9%

International$53.20M · 3.1%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
✗Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

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