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WD 40 vs Yatsen Holding

WD 40 is the larger business, with $688m of revenue in fiscal 2026 against $598m for Yatsen Holding (1.2 times as much). Yatsen Holding grew faster (26.8% against 11.0%). WD 40 kept more of each dollar of sales as profit: a net margin of 12.0% against -1.9%.

Latest fiscal yearWD 40WDFC, 2026Yatsen HoldingYSG, 2025
Revenue $688m $598m
Revenue growth 11.0% 26.8%
Net income $82.3m −$11.3m
Operating margin 15.8% —
Net margin 12.0% -1.9%
Return on equity 30.4% -2.7%
Free cash flow $97.6m −$19.0m
Cash $70.6m $109m
Total debt $86.0m $0
Debt to equity 31.5% —
Dividend per share $4.00 —
Dividend yield 1.8% —
Share buybacks $29.6m $15.4m
Employees 753 —
Market value $3.00bn $172m
Price vs our value range Within our value range —
Moat score 81 (Strong) —
Insider trades, 12 months 1 buys, 2 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.