WDFC · Wd 40 Co - 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $619.99M | $590.56M | $537.25M | $408.50M | $408.50M | $408.52M |
| Cost of Revenue | $278.64M | $275.33M | $263.04M | $264.06M | $224.37M | $185.48M |
| Gross Profit | $341.34M | $315.23M | $274.22M | $254.76M | $263.74M | $223.02M |
| R&D | $8.70M | $8.00M | $6.20M | $5.10M | $5.60M | $6.00M |
| SG&A | $199.94M | $183.86M | $154.68M | $138.66M | $145.49M | $121.98M |
| Total Operating Expenses | $237.55M | $218.88M | $184.50M | $167.44M | $174.90M | $145.80M |
| D&A | $8.19M | $9.46M | $8.15M | $8.29M | $7.02M | $7.70M |
| Operating Income | $103.79M | $96.35M | $89.72M | $87.33M | $88.84M | $77.22M |
| Interest Expense | $3.44M | $4.29M | $5.61M | $2.74M | $2.40M | $2.44M |
| Income Tax | $10.63M | $21.86M | $19.17M | $16.78M | $16.27M | $14.80M |
| Net Income | $90.99M | $69.64M | $65.99M | $67.33M | $70.23M | $60.71M |
| EPS - Basic | $6.70 | $5.12 | $4.84 | $4.91 | $5.11 | $4.41 |
| EPS - Diluted | $6.69 | $5.11 | $4.83 | $4.90 | $5.09 | $4.40 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $58.13M | $46.70M | $48.14M | $37.84M | $85.96M | $56.46M |
| Accounts Receivable | $120.59M | $117.49M | $98.04M | $89.93M | $89.56M | $80.67M |
| Inventory | $79.87M | $79.09M | $86.52M | $104.10M | $55.75M | $41.26M |
| Accounts Payable | $37.95M | $35.96M | $30.83M | $32.85M | $33.50M | $21.68M |
| Current Assets | $284.96M | $255.44M | $248.53M | $249.64M | $241.22M | $185.15M |
| Total Assets | $475.81M | $449.04M | $437.97M | $434.30M | $430.20M | $362.64M |
| Current Liabilities | $102.26M | $103.50M | $88.84M | $110.82M | $85.94M | $60.12M |
| Long-term Debt | $86.19M | $85.98M | $109.74M | $107.14M | $114.94M | $113.10M |
| Total Liabilities | $207.66M | $218.51M | $227.79M | $245.67M | $229.82M | $202.32M |
| Stockholders' Equity | $268.15M | $230.53M | $210.18M | $188.62M | $200.38M | $160.31M |
| Retained Earnings | $540.66M | $499.93M | $477.49M | $456.08M | $430.74M | $398.73M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $87.92M | $92.03M | $98.39M | $2.60M | $84.71M | $72.66M |
| Investing Cash Flow | ($2.39M) | ($9.73M) | ($6.22M) | ($7.69M) | ($14.46M) | ($18.95M) |
| Financing Cash Flow | ($74.12M) | ($83.94M) | ($85.05M) | ($38.01M) | ($40.75M) | ($26.71M) |
| CapEx | $4.53M | $4.21M | $6.87M | $8.30M | $15.06M | $19.31M |
| Free Cash Flow | $83.40M | $87.83M | $91.52M | ($5.70M) | $69.66M | $53.36M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55.1% | 53.4% | 51.0% | 62.4% | 64.6% | 54.6% |
| Operating margin | 16.7% | 16.3% | 16.7% | 21.4% | 21.7% | 18.9% |
| EBITDA margin | 18.1% | 17.9% | 18.2% | 23.4% | 23.5% | 20.8% |
| Net margin | 14.7% | 11.8% | 12.3% | 16.5% | 17.2% | 14.9% |
| Free cash flow margin | 13.5% | 14.9% | 17.0% | -1.4% | 17.1% | 13.1% |
| FCF / Net income | 0.92 | 1.26 | 1.39 | -0.08 | 0.99 | 0.88 |
| R&D / Revenue | 1.4% | 1.4% | 1.2% | 1.2% | 1.4% | 1.5% |
| SG&A / Revenue | 32.2% | 31.1% | 28.8% | 33.9% | 35.6% | 29.9% |
| Effective tax rate | 10.5% | 23.9% | 22.5% | 19.9% | 18.8% | 19.6% |
| Return on assets | 19.1% | 15.5% | 15.1% | 15.5% | 16.3% | 16.7% |
| Return on equity | 33.9% | 30.2% | 31.4% | 35.7% | 35.0% | 37.9% |
| Return on invested capital | 26.2% | 23.2% | 21.7% | 23.6% | 22.9% | 22.7% |
| Liquidity | ||||||
| Current ratio | 2.79 | 2.47 | 2.80 | 2.25 | 2.81 | 3.08 |
| Quick ratio | 2.01 | 1.70 | 1.82 | 1.31 | 2.16 | 2.39 |
| Cash ratio | 0.57 | 0.45 | 0.54 | 0.34 | 1.00 | 0.94 |
| Leverage | ||||||
| Debt / Equity | 0.32 | 0.37 | 0.52 | 0.57 | 0.57 | 0.71 |
| Debt / Assets | 0.18 | 0.19 | 0.25 | 0.25 | 0.27 | 0.31 |
| Debt / EBITDA | 0.77 | 0.81 | 1.12 | 1.12 | 1.20 | 1.33 |
| Interest coverage | 30.2x | 22.5x | 16.0x | 31.8x | 37.1x | 31.7x |
| Equity multiplier | 1.77 | 1.95 | 2.08 | 2.30 | 2.15 | 2.26 |
| Liabilities / Assets | 0.44 | 0.49 | 0.52 | 0.57 | 0.53 | 0.56 |
| Efficiency | ||||||
| Asset turnover | 1.30 | 1.32 | 1.23 | 0.94 | 0.95 | 1.13 |
| Inventory turnover | 3.49 | 3.48 | 3.04 | 2.54 | 4.02 | 4.49 |
| Days sales outstanding | 71d | 73d | 67d | 80d | 80d | 72d |
| Days inventory outstanding | 105d | 105d | 120d | 144d | 91d | 81d |
| Days payable outstanding | 50d | 48d | 43d | 45d | 54d | 43d |
| Cash conversion cycle | 126d | 130d | 144d | 179d | 116d | 111d |
| Valuation | ||||||
| P / E | 32.3x | 51.4x | 44.5x | 38.6x | 47.1x | 46.5x |
| P / B | 10.9x | 15.5x | 13.9x | 13.7x | 16.4x | 17.5x |
| P / S | 4.7x | 6.0x | 5.4x | 6.3x | 8.1x | 6.9x |
| EV / EBITDA | 26.4x | 34.1x | 30.5x | 27.8x | 34.6x | 33.7x |
| Growth | ||||||
| Revenue growth (YoY) | 5.0% | 9.9% | 31.5% | 0.0% | -0.0% | 7.4% |
| Revenue CAGR (3y) | 14.9% | 13.1% | 9.6% | 2.4% | 2.4% | 2.4% |
| Revenue CAGR (5y) | 8.7% | 9.2% | 7.1% | 1.4% | 1.4% | 1.6% |
| Gross profit growth (YoY) | 8.3% | 15.0% | 7.6% | -3.4% | 18.3% | -4.0% |
| Operating income growth (YoY) | 7.7% | 7.4% | 2.7% | -1.7% | 15.0% | -6.3% |
| Net income growth (YoY) | 30.7% | 5.5% | -2.0% | -4.1% | 15.7% | 8.6% |
| EPS growth (YoY) | 30.9% | 5.8% | -1.4% | -3.7% | 15.7% | 9.5% |
| EPS CAGR (3y) | 10.9% | 0.1% | 3.2% | 6.8% | 3.1% | 5.8% |
| EPS CAGR (5y) | 8.7% | 4.9% | 0.8% | 5.7% | 6.9% | 7.7% |
| FCF growth (YoY) | -5.0% | -4.0% | - | - | 30.5% | 7.6% |
| FCF CAGR (5y) | 9.3% | 12.1% | 11.6% | - | 4.4% | 1.6% |
| Book value growth (YoY) | 16.3% | 9.7% | 11.4% | -5.9% | 25.0% | 10.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-08-31.
Business segments
$619.99M totalAmericas Segment$290.60M · 46.9%
Europe India Middle East And Africa Segment$236.43M · 38.1%
Asia Pacific Segment$92.95M · 15.0%
Product / service
$1.20B totalMulti Purpose Maintenance Products$590.97M · 49.1%
Maintenance Products$276.83M · 23.0%
WD40 Multi Use Product$224.81M · 18.7%
Rebate Other Discounts$38.50M · 3.2%
WD40 Specialist$34.99M · 2.9%
Other Maintenance Products$17.03M · 1.4%
Homecare And Cleaning Products$13.77M · 1.1%
Cash Discounts$6.00M · 0.5%
Geographic
$619.99M totalNon Us$409.76M · 66.1%
US$210.22M · 33.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.76
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
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 Chemical Products
Comparing WD 40 CO against the 5 most active filers in the same SIC group.
Dividends
$3.92/share trailing 12 months · +7.7% YoY
| Ex-date | Per share |
|---|---|
| Apr 17, 2026 | $1.0200 |
| Jan 16, 2026 | $1.0200 |
| Oct 20, 2025 | $0.9400 |
| Jul 18, 2025 | $0.9400 |
| Apr 17, 2025 | $0.9400 |
| Jan 17, 2025 | $0.9400 |
| Oct 18, 2024 | $0.8800 |
| Jul 19, 2024 | $0.8800 |
| Apr 18, 2024 | $0.8800 |
| Jan 18, 2024 | $0.8800 |
| Oct 19, 2023 | $0.8300 |
| Jul 13, 2023 | $0.8300 |
| Apr 13, 2023 | $0.8300 |
| Jan 12, 2023 | $0.8300 |
| Oct 20, 2022 | $0.7800 |
| Jul 14, 2022 | $0.7800 |
| Apr 13, 2022 | $0.7800 |
| Jan 13, 2022 | $0.7800 |
| Oct 14, 2021 | $0.7200 |
| Jul 15, 2021 | $0.7200 |
| Apr 15, 2021 | $0.7200 |
| Jan 14, 2021 | $0.6700 |
| Oct 15, 2020 | $0.6700 |
| Jul 16, 2020 | $0.6700 |