Decent Holding vs WD 40
WD 40 is the larger business, with $688m of revenue in fiscal 2026 against $12.9m for Decent Holding (53.1 times as much). Decent Holding grew faster (12.2% against 11.0%). WD 40 kept more of each dollar of sales as profit: a net margin of 12.0% against -2.5%. Decent Holding carries less debt relative to equity (0.0% against 31.5%).
| Latest fiscal year | Decent HoldingDXST, 2025 | WD 40WDFC, 2026 |
|---|---|---|
| Revenue | $12.9m | $688m |
| Revenue growth | 12.2% | 11.0% |
| Net income | −$322,202 | $82.3m |
| Operating margin | -1.1% | 15.8% |
| Net margin | -2.5% | 12.0% |
| Return on equity | -5.1% | 30.4% |
| Free cash flow | −$3.5m | $97.6m |
| Cash | $572,807 | $70.6m |
| Total debt | $0 | $86.0m |
| Debt to equity | 0.0% | 31.5% |
| Dividend per share | — | $4.00 |
| Dividend yield | — | 1.8% |
| Share buybacks | — | $29.6m |
| Employees | — | 753 |
| Market value | $17.7m | $3.00bn |
| Price vs our value range | — | Within our value range |
| Moat score | — | 81 (Strong) |
| Insider trades, 12 months | 2 buys, 1 sales | 1 buys, 2 sales |