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Valvoline Inc (VVV) stock

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NYSE: VVV NYSE Automotive Retail Next results ~November 18, 2026

B Fundamentals grade

Valvoline Inc is a US-listed company in the automotive retail industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$48

Valuation models combined (2)

Base case. Range ~$24–$73. Weighted average of 2 models (forward price-to-earnings vs peers, justified price-to-book).

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valvoline Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 2 selling6 purchases and 6 sales by directors and officers, last 12 monthsInsider trades
  • Funds224 adding, 177 cuttingOf 61 active managers that changed their stake, 32 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Valvoline files

Where Valvoline stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.96bn, up 16.1% on a year earlier, faster than 11.0% a quarter earlier. Free-cash-flow margin rose to 6.9% from 2.7% a year earlier. Operating margin narrowed to 15.3% from 26.0%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 5 financial-health checks. Our cash-flow model value is $-1.08 a share, against a share price of $31.61.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 18, 2026 (estimated)

Valvoline Inc's trailing-twelve-month revenue grew 16.1% year on year, with a free-cash-flow margin of 6.9%. Where it stands out: operating margin of 15.3% ranks 3 of 21 automotive retail companies we cover. Where it lags: long-term debt as % of assets of 45.1% ranks 18 of 19 automotive retail companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 201.3% while net income fell 63.5%: a 265pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 16.1% over the last 12 months, against a median of -0.8% for automotive retail companies we cover.
  • Growth speeding up. The growth rate is 5.1 points higher than a quarter earlier.

Things to watch

  • Margins narrowing. Operating margin is down 10.7 points on a year ago.
  • High earnings multiple. The shares trade at 43 times the last 12 months' earnings, so expectations are demanding.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 45.1% ranks 18 of 19 automotive retail companies we cover (median 28.4%).
  • Below peers: days sales outstanding. Days sales outstanding of 19 days ranks 12 of 14 automotive retail companies we cover (median 9 days).
  • Heavily shorted. 12.8% of the shares available to trade are sold short (4.6 days of average volume to cover).

Latest results: FY2026 Q3

Filed August 5, 2026
Earnings per share
$0.57 against an average estimate of $0.50: beat by 13.6%
Revenue
$545m, up 24.1% on a year earlier
Share reaction
-9.3% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
system-wide SSS growth growth 7.5% to 8% (fiscal 2026); system-wide store additions 330 to 360 (fiscal 2026)
Next report
November 18, 2026; average EPS estimate $0.42

Valvoline's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+6.4%
  • 1 week+7.6%
  • 1 month+12.4%
  • This year+18.3%
  • 1 year+4.1%
  • 5 years-0.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2B
Operating margin
15.3%
Net margin
5.2%
EPS (TTM, diluted)
$0.79

Growth

Revenue growth
+16.1%
Change in growth rate
+5.1 pts
Share count change
−0.6%

Cash

Free cash flow (TTM)
$135M
FCF margin
6.9%
Stock pay % of revenue
0.6%

Earnings

Last results
August 5, 2026
Next results (est.)
November 18, 2026

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Buyback
  4. Announcement
  5. Agreement
  6. Announcement
  7. Financing
  8. Financing
  9. Results
  10. Guidance
  11. Announcement
  12. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Valvoline Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Our value per share comes from a discounted-cash-flow model of Valvoline Inc's free cash flow after stock-based pay ( $40.9M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Valvoline Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.76 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$6.1 ~$0.2–$11 Left out: out of range vs price (0.18x)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$24 ~$16–$35 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$73 ~$61–$89 Included
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$48 ~$24–$73 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Valvoline Inc with Automotive Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$21.18$21.34$19.84$20.76$18.34$30.59$25.24$32.24$41.85$35.91$34.37
Market value$3.6bn$4.4bn$3.9bn$3.9bn$3.4bn$5.6bn$4.6bn$5.2bn$5.5bn$4.6bn$4.4bn
+ Net debt (− = net cash)$580m$936m$1.2bn$1.2bn$1.3bn$1.6bn$1.7bn$1.2bn$1.0bn$1.0bn$1.5bn
Enterprise value$4.2bn$5.3bn$5.1bn$5.1bn$4.8bn$7.2bn$6.2bn$6.4bn$6.5bn$5.6bn$5.9bn
Multiples
Price / sales 1.9x2.1x1.7x1.6x4.7x5.4x3.7x3.6x3.4x2.7x2.2x
Price / earnings 13.2x14.3x23.5x18.9x10.9x13.4x10.7x3.7x25.9x21.9x43.4x
Price / free cash flow 14.7x—17.2x18.1x12.4x18.7x29.9x—134.7x121.5x32.6x
EV / EBITDA 9.6x12.1x11.6x11.4x25.0x25.1x22.7x20.1x14.3x11.4x—

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

75 /100

Strong moat

How hard Valvoline's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 17.2% of total assets over 5 years.

  • Pricing power 13 / 20

    Gross margin has been a median 37.9%, moving by 1.9 percentage points (standard deviation) across 10 years.

  • Durability 16 / 20

    Operating margin has been a median 18.7%; its worst year was 15.3%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 7 of 10 years, at a median 8.5% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 30.6% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (80 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 18, 2026, before the open. Analysts expect revenue of $568m and EPS of $0.42 (range $0.39 to $0.45) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.76 +11% $2.1bn +22%
Next $1.97 +12% $2.3bn +12%

Next year's EPS estimate has moved −4.6% in 90 days, across 16 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.7% on 90 days ago. In the last 30 days, 1 analyst raised Valvoline Inc's forecast and 2 cut it.

Consensus EPS forecast Valvoline Inc, last 90 days
$1.70 $1.80 $1.90 $2.00 $2.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.75 Current fiscal year, 60 days ago: $1.76 Current fiscal year, 30 days ago: $1.76 Current fiscal year, 7 days ago: $1.76 Current fiscal year, Now: $1.76 $1.76 Next fiscal year, 90 days ago: $2.06 Next fiscal year, 60 days ago: $2.00 Next fiscal year, 30 days ago: $2.00 Next fiscal year, 7 days ago: $1.98 Next fiscal year, Now: $1.97 $1.97

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.75$2.06
60 days ago $1.76$2.00
30 days ago $1.76$2.00
7 days ago $1.76$1.98
Now $1.76$1.97

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.50 $0.57 +13.6%
Mar 2026 $0.34 $0.41 +19.1%
Dec 2025 $0.33 $0.37 +13.6%
Sept 2025 $0.47 $0.45 −4.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Net revenues fiscal 2026 $2.05bn to $2.1bn Narrowed
    “Net revenues $2.05 - $2.1 billion $2.0 - $2.1 billion” source
  • Adjusted EPS fiscal 2026 $1.70 to $1.75 Non-GAAP Narrowed
    “Adjusted EPS 1 $1.70 - $1.75 $1.65 - $1.75” source
  • System-wide SSS growth fiscal 2026 7.5% growth to 8% growth Narrowed
    “System-wide SSS growth 1 7.5% - 8% 5% - 6.5%” source
  • System-wide store additions fiscal 2026 330 to 360 Maintained
    “System-wide store additions 1 no change 330 - 360” source
  • Adjusted EBITDA fiscal 2026 $550m to $560m Non-GAAP Narrowed
    “Adjusted EBITDA 1 $550 - $560 million $540 - $560 million” source
  • Capital expenditures fiscal 2026 $240m to $260m Narrowed
    “Capital expenditures $240 - $260 million $250 - $280 million” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Valvoline Inc's revenue by +14.9% next year and +13.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+15.1%, weight 56%) , management guidance (+14.9%, weight 19%) and the company's own record (+14.2%, weight 25%) . How the weights are set.

Analyst recommendations

16 analysts, Oct 2026
Buy1275%
Hold425%
Sell00%

Monthly trend

  1. Oct 2026210416
  2. Sep 2026210416
  3. Aug 2026210416
  4. Jul 202629415

Counts of recommendations published by analysts covering Valvoline Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.8%
of tradable shares
Days to cover
4.62
at average volume
Short interest, 1 month
+12%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.3%
of shares
Employees
10,600
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +4.1%

$33.01 on October 31, 2025 to $34.37

ThenNowEffect
Revenue (last 12 months) $1.7bn $2.0bn +16.1%
Net margin 16.4% 5.2% −68.5%
P/E multiple 15.3x 43.4x +183.4%
Share count 129m 128m +0.6%

Biggest factor: net margin.

Last 3 years +11.1%

$30.93 on November 3, 2023 to $34.37

ThenNowEffect
Revenue (last 12 months) $1.4bn $2.0bn +41.4%
Net margin 110.1% 5.2% −95.3%
P/E multiple 3.5x 43.4x +1143.6%
Share count 173m 128m +34.6%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
VVV+64%−11%+15%−4%−20%+18%
Industry peers (median)+38%−25%+21%+2%−14%−10%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
VVV75%33%42%33%33%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
VVV−14%−32%−26%−24%−29%−34%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since September 23, 2016: 63% from January 4, 2018 to March 23, 2020. Getting back needed a 166% gain, reached on January 8, 2021, 291 days after the low.

Price behaviour

52-week range
$26.62 – $40.27
From 52-week high
−14.7%
vs 50-day average
+12.1%
vs 200-day average
+0.1%
Volatility (1 year)
34%
Beta vs S&P 500
0.59

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.8%
After a week
5 up, 7 down
typical move ±8.3%
After a month
6 up, 6 down
typical move ±10.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −9.3% −0.4% −15.2% −19.3%
May 7, 2026 +4.2% +0.5% −5.2% +5.9%
February 4, 2026 +10.4% −1.7% +16.8% +5.9%
November 19, 2025 −3.9% −1.1% −0.2% −6.0%
August 6, 2025 +6.9% +0.7% +10.0% +7.7%
May 8, 2025 −4.5% +0.6% −1.0% +6.3%
February 6, 2025 +5.0% −0.6% +8.8% −6.5%
November 19, 2024 −9.1% +0.4% −8.4% −14.3%
August 7, 2024 −7.5% +1.6% −6.6% −8.4%
May 8, 2024 −5.1% +0.6% −2.7% −7.4%
February 6, 2024 +7.0% +1.1% +8.4% +21.1%
November 9, 2023 +8.3% +0.8% +16.5% +18.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Valvoline Inc in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Valvoline Inc
$1.4B $1.6B $1.8B $2B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1.4B Revenue (TTM), FY24 Q1: $1.5B Revenue (TTM), FY24 Q2: $1.5B Revenue (TTM), FY24 Q3: $1.6B Revenue (TTM), FY24 Q4: $1.6B Revenue (TTM), FY25 Q1: $1.7B Revenue (TTM), FY25 Q2: $1.7B Revenue (TTM), FY25 Q3: $1.7B Revenue (TTM), FY25 Q4: $1.7B Revenue (TTM), FY26 Q1: $1.8B Revenue (TTM), FY26 Q2: $1.9B Revenue (TTM), FY26 Q3: $2B $2B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $1.4B
FY24 Q1 $1.5B
FY24 Q2 $1.5B
FY24 Q3 $1.6B
FY24 Q4 $1.6B
FY25 Q1 $1.7B
FY25 Q2 $1.7B
FY25 Q3 $1.7B
FY25 Q4 $1.7B
FY26 Q1 $1.8B
FY26 Q2 $1.9B
FY26 Q3 $2B
Revenue growth, TTM YoY Valvoline Inc
0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 16.8% Revenue growth, TTM YoY, FY24 Q1: 15.8% Revenue growth, TTM YoY, FY24 Q2: 14.9% Revenue growth, TTM YoY, FY24 Q3: 13.3% Revenue growth, TTM YoY, FY24 Q4: 12.2% Revenue growth, TTM YoY, FY25 Q1: 11.8% Revenue growth, TTM YoY, FY25 Q2: 9.6% Revenue growth, TTM YoY, FY25 Q3: 7.5% Revenue growth, TTM YoY, FY25 Q4: 5.6% Revenue growth, TTM YoY, FY26 Q1: 5.9% Revenue growth, TTM YoY, FY26 Q2: 11.0% Revenue growth, TTM YoY, FY26 Q3: 16.1% 16.1%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 16.8%
FY24 Q1 15.8%
FY24 Q2 14.9%
FY24 Q3 13.3%
FY24 Q4 12.2%
FY25 Q1 11.8%
FY25 Q2 9.6%
FY25 Q3 7.5%
FY25 Q4 5.6%
FY26 Q1 5.9%
FY26 Q2 11.0%
FY26 Q3 16.1%
Operating margin (TTM) Valvoline Inc
15% 20% 25% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 17.1% Operating margin (TTM), FY24 Q1: 18.9% Operating margin (TTM), FY24 Q2: 19.4% Operating margin (TTM), FY24 Q3: 19.2% Operating margin (TTM), FY24 Q4: 22.7% Operating margin (TTM), FY25 Q1: 27.0% Operating margin (TTM), FY25 Q2: 26.2% Operating margin (TTM), FY25 Q3: 26.0% Operating margin (TTM), FY25 Q4: 22.8% Operating margin (TTM), FY26 Q1: 15.0% Operating margin (TTM), FY26 Q2: 15.3% Operating margin (TTM), FY26 Q3: 15.3% 15.3%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 17.1%
FY24 Q1 18.9%
FY24 Q2 19.4%
FY24 Q3 19.2%
FY24 Q4 22.7%
FY25 Q1 27.0%
FY25 Q2 26.2%
FY25 Q3 26.0%
FY25 Q4 22.8%
FY26 Q1 15.0%
FY26 Q2 15.3%
FY26 Q3 15.3%
FCF margin (TTM) Valvoline Inc
-20% -10% 0% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -15.3% FCF margin (TTM), FY24 Q1: -13.1% FCF margin (TTM), FY24 Q2: -16.4% FCF margin (TTM), FY24 Q3: -2.3% FCF margin (TTM), FY24 Q4: 2.5% FCF margin (TTM), FY25 Q1: 3.1% FCF margin (TTM), FY25 Q2: 1.4% FCF margin (TTM), FY25 Q3: 2.7% FCF margin (TTM), FY25 Q4: 2.2% FCF margin (TTM), FY26 Q1: 3.3% FCF margin (TTM), FY26 Q2: 5.4% FCF margin (TTM), FY26 Q3: 6.9% 6.9%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -15.3%
FY24 Q1 -13.1%
FY24 Q2 -16.4%
FY24 Q3 -2.3%
FY24 Q4 2.5%
FY25 Q1 3.1%
FY25 Q2 1.4%
FY25 Q3 2.7%
FY25 Q4 2.2%
FY26 Q1 3.3%
FY26 Q2 5.4%
FY26 Q3 6.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 1,967 1,929 2,084 2,285 2,390 727 1,037 1,236 1,444 1,619 1,710 1,964
Gross profit 685 748 776 806 810 301 432 476 545 619 659 752
EBITDA 361 434 436 444 450 191 287 275 319 456 495 —
Operating income 323 396 394 395 398 160 240 220 247 367 390 301
Net income 196 273 304 166 208 317 420 424 1,420 212 211 102
Diluted EPS $1.15 $1.60 $1.49 $0.84 $1.10 $1.69 $2.29 $2.35 $8.73 $1.61 $1.64 $0.79
Growth (year on year)
Revenue — −1.9% +8.0% +9.6% +4.6% −69.6% +42.7% +19.2% +16.8% +12.2% +5.6% +16.1%
EBITDA — +20.2% +0.5% +1.8% +1.4% −57.5% +49.9% −4.1% +16.1% +43.0% +8.4% —
Operating income — +22.6% −0.5% +0.3% +0.8% −59.7% +49.9% −8.2% +12.2% +48.5% +6.2% −31.6%
Net income — +39.3% +11.4% −45.4% +25.3% +52.2% +32.8% +1.0% +234.6% −85.1% −0.4% −63.5%
Diluted EPS — +39.1% −6.9% −43.6% +31.0% +53.6% +35.5% +2.6% +271.5% −81.6% +1.9% −63.3%
Margins
Gross margin 34.8% 38.8% 37.2% 35.3% 33.9% 41.4% 41.7% 38.5% 37.7% 38.2% 38.5% 38.3%
EBITDA margin 18.4% 22.5% 20.9% 19.4% 18.8% 26.3% 27.7% 22.2% 22.1% 28.2% 28.9% —
Operating margin 16.4% 20.5% 18.9% 17.3% 16.7% 22.0% 23.1% 17.8% 17.1% 22.7% 22.8% 15.3%
Net margin 10.0% 14.2% 14.6% 7.3% 8.7% 43.5% 40.5% 34.3% 98.4% 13.1% 12.3% 5.2%
Free-cash-flow margin 14.5% 12.7% −9.5% 9.9% 9.1% 38.2% 29.0% 12.3% −15.3% 2.5% 2.2% 6.9%
Cash flow
Cash from operations 330 311 −130 320 325 372 404 284 −41 265 297 407
Capital spending 45 66 68 93 108 94 103 132 181 224 259 271
Free cash flow 285 245 −198 227 217 278 301 152 −221 41 38 135
Stock-based pay 0 0 9 12 9 12 14 14 12 12 11 12
Free cash flow after stock pay 285 245 −207 215 208 266 287 138 −234 29 28 123
Balance sheet
Cash 0 172 201 96 159 640 123 23 409 68 52 84
Total debt 0 752 1,137 1,333 1,351 1,981 1,708 1,700 1,598 1,099 1,081 1,602
Net debt (negative = net cash) 0 580 936 1,237 1,192 1,341 1,585 1,677 1,189 1,031 1,029 1,518
Diluted shares 170m 170m 204m 197m 189m 188m 184m 180m 163m 131m 129m 128m
Returned to shareholders
Dividends 0 0 40 58 80 84 91 89 22 0 0 —
Buybacks 0 0 50 325 0 60 127 143 1,525 227 77 0
Total returned 0 0 90 383 80 144 218 232 1,547 227 77 0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 5 checks passed · June 30, 2026
What it owns · $3.5bn
Short-term assets $284mLonger-term assets $3.2bn
What it owes, and who funded it · $822m
Short-term liabilities $405mShareholders' equity $417m
  • Short-term assets cover short-term liabilities $284m of assets due within a year against $405m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $84m of cash against $1.6bn of debt.
  • Debt below 40% of shareholders' equity Debt is 384% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 993% to 384% over five years.
  • A year's operating cash flow covers at least 20% of debt $406m of operating cash flow against $1.6bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Valvoline Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$0
Buybacks, last 3 fiscal years
$1.8B
Diluted share count
−0.6%
year over year
Total shareholder yield
0.0%
dividends 0.0% + buybacks 0.0% of market value
Sales & admin spending
21.0%
of revenue
Days sales outstanding
19 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in automotive retail
Last 12 months unless stated VVV MNRO RDNW CRMT CWH PRTS Median
Revenue, last 12 months $2.0bn $1.1bn $1.1bn $1.1bn $6.3bn $517m $8.6bn
Revenue growth, last 12 months 16.1% −4.4% −1.3% −21.6% −0.8% −7.7% −0.8%
Revenue growth, 3-year average 12.2% −4.2% −14.7% −8.8% −1.3% −8.4% 2.1%
Revenue growth, latest quarter 24.1% −1.8% −1.0% −57.3% −2.1% 1.2% 1.2%
Gross margin 38.3% 34.8% 27.7% 48.5% 28.7% 33.1% 23.4%
Operating margin 15.3% 1.7% 3.7% — 2.3% −4.1% 3.7%
Operating margin, 3-year average 20.2% 2.0% −1.6% — 2.8% −6.3% 4.0%
Net margin 5.2% 0.1% −0.8% −18.6% −1.6% −4.0% 1.3%
Cash from operations / revenue 20.7% 3.9% −1.4% 13.9% 3.9% 0.5% 2.5%
Free-cash-flow margin 6.9% 1.1% −1.9% 13.8% 2.4% −1.3% 1.1%
Free-cash-flow margin, 3-year average 2.4% 4.2% 1.1% 2.4% 1.4% −3.6% 2.2%
Stock pay / revenue 0.6% 0.6% 0.3% 0.2% 0.6% 0.7% 0.3%
Change in share count −0.6% 1.3% 4.5% 1.9% — 1.6% −1.1%

Median of all 23 companies we cover in automotive retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 automotive retail companies
Measure Company Peer median Rank
Revenue growth Growth 16.1% -0.8% 4 of 23
Change in growth rate Growth +5.1pp -0.5pp 4 of 23
Gross margin Profitability 38.3% 27.7% 5 of 20
Operating margin Profitability 15.3% 3.7% 3 of 21
Net margin Profitability 5.2% 1.3% 4 of 23
Free-cash-flow margin Cash generation 6.9% 1.1% 4 of 23
Stock pay as % of revenue Cash generation 0.6% 0.3% 18 of 22
Long-term debt as % of assets Balance sheet 45.1% 28.4% 18 of 19
Change in share count Balance sheet -0.6% -1.1% 11 of 19
Days sales outstanding Balance sheet 19 days 9 days 12 of 14

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 30, 2025
Products and services
Line of business Revenue Share YoY
Oil Changes $1.2B 72.9% ▲ 4.9%
Non Oil Changes $368M 21.5% ▲ 5.2%
Franchise $94.6M 5.5% ▲ 18.0%
Geography
Region Revenue Share YoY
United States $1.7B 96.9% ▲ 5.4%
International $53.2M 3.1% ▲ 12.7%

From Valvoline Inc's 10-K filed November 21, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$5.9B
Institutions reporting
447
Shares held vs prior quarter
▼ 0.3%
Positions opened / closed
66 / 34

Top buyers and sellers, Q2 2026: 224 institutions bought and 177 sold ; the biggest buyer was Citadel Advisors LLC (+2.2M shares) and the biggest seller Eminence Capital, LP (−4.4M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $502M 12.7M 8.5% ▲ 3.0%
Boston Partners $269M 6.8M 4.6% ▲ 3.4%
Wasatch Advisors LP $240M 6.1M 4.1% ▼ 24.0%
Vanguard Portfolio Management LLC $230M 5.8M 3.9% ▲ 1.0%
Vanguard Capital Management LLC $229M 5.8M 3.9% ▲ 0.9%
Fiduciary Management Inc $203M 5.1M 3.4% ▲ 6.1%
Wellington Management Group LLP $184M 4.7M 3.1% ▼ 18.3%
State Street Corp $171M 4.3M 2.9% ▲ 3.0%
Morgan Stanley $151M 3.8M 2.6% ▲ 3.2%
Cooke & Bieler LP $137M 3.5M 2.3% ▼ 15.7%
Neuberger Berman Group LLC $130M 3.3M 2.2% ▲ 34.5%
Citadel Advisors LLC $123M 3.1M 2.1% ▲ 239.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Valvoline Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $953,666 6 trades by 5 insiders, last 12 months Insider sales History → $645,341 6 trades by 2 insiders · 39% under pre-set plans
Net ▲ $308,325 net buying
Insider Date Trade Shares Price Value
O'Daniel Julie Marie Chief Legal Officer August 21, 2026 Sell 3,700 $33.82 $125,134
Denny Jordan M. Chief Accounting Officer August 12, 2026 Buy 1,506 $33.20 $49,999
Caldwell Jonathan L. Chief People Officer June 25, 2026 Sell pre-set plan 2,851 $40.00 $114,040
Slater Jennifer Lynn Director May 15, 2026 Buy 1,000 $32.53 $32,530
Freeland Richard Joseph Director May 14, 2026 Buy 3,100 $32.37 $100,347
Willis J Kevin Chief Financial Officer May 14, 2026 Buy 10,000 $31.80 $318,000
Caldwell Jonathan L. Chief People Officer March 3, 2026 Sell pre-set plan 2,679 $37.54 $100,570
Caldwell Jonathan L. Chief People Officer March 2, 2026 Sell pre-set plan 983 $38.00 $37,354
O'Daniel Julie Marie Chief Legal Officer February 20, 2026 Sell 4,312 $38.55 $166,228
O'Daniel Julie Marie Chief Legal Officer November 26, 2025 Sell 3,200 $31.88 $102,016
Flees Lori Ann President & CEO November 24, 2025 Buy 4,500 $30.82 $138,690
Willis J Kevin Chief Financial Officer November 21, 2025 Buy 10,000 $31.41 $314,100

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 18, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • February 4, 2026
  • November 19, 2025
  • August 6, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Valvoline Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Valvoline Inc in brief

What does Valvoline Inc do?
Valvoline Inc is a US-listed company in the automotive retail industry. Its financial year ends in September.
What is Valvoline Inc's stock ticker?
Valvoline Inc trades under the ticker VVV on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Valvoline Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Valvoline Inc reported revenue of $2B, 16.1% higher than a year earlier, according to its SEC filings.
What is Valvoline Inc's free cash flow?
Valvoline Inc's free-cash-flow margin is 6.9% of revenue over the trailing twelve months, ranking 4 of the 23 automotive retail companies we cover.
Who are Valvoline Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Boston Partners and Wasatch Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Valvoline Inc buying back stock, and does it pay a dividend?
Valvoline Inc spent $0 on share repurchases over the trailing twelve months, and its diluted share count fell 0.6% over the year.
What is Valvoline Inc's market cap?
On November 2, 2026, Valvoline Inc's market capitalisation was about $4.4B, with a price-to-earnings ratio of 43.4 and net debt of $1.5B. Market figures come from third-party market data and may be delayed.
How much debt does Valvoline Inc have?
Valvoline Inc's debt-to-equity ratio is 384.4%, from its latest balance sheet (993.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Valvoline Inc's competitors?
In our Automotive Retail peer group, the companies closest to Valvoline Inc are Monro, Inc., Ridenow Group, Inc., Americas Carmart Inc, Camping World Holdings, Inc. and Carparts.com, Inc. The side-by-side comparison below sets their revenue, margins and growth against Valvoline Inc's.
Are insiders buying or selling Valvoline Inc stock?
Over the last 12 months, Valvoline Inc's directors and officers reported 6 open-market purchases and 6 sales on Form 4. The insider trading page charts every trade.
When is Valvoline Inc's next earnings date?
Around November 18, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Valvoline Inc announces its own schedule.