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WD 40 Co (WDFC) stock

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NASDAQ: WDFC Nasdaq Household Products Next results ~January 7, 2027

B Fundamentals grade

WD 40 Co is a US-listed company in the household products industry. Its financial year ends in August.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$170

Cash-flow model

Base case. Range ~$130–$230 across our lower- and higher-growth cases (4.8%–14.8% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 25% below it.

Price used: $227.83, November 2, 2026

WD 40 Co 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.

  • Insiders1 buying, 1 selling1 purchase and 2 sales by directors and officers, last 12 monthsInsider trades
  • Funds161 adding, 172 cuttingOf 42 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter WD 40 files

Where WD 40 Co stands after its latest 10-K

Revenue for the twelve months to August 2026 was $688m, up 11.0% on a year earlier, faster than the 10.2% growth a quarter earlier. That growth ranks 1 of 9 among the household products companies we cover. Free-cash-flow margin held at 14.2%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 6 of our 7 financial-health checks. Our cash-flow model value is $177 a share, against a share price of $218. At that price, our model says the market is pricing in about 13.6% a year of cash-flow growth for five years, faster than the 7.1% a year revenue growth it has delivered.

Source: 10-K filed October 26, 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 ~January 7, 2027 (estimated)

WD 40 Co's trailing-twelve-month revenue grew 11.0% year on year, with a free-cash-flow margin of 14.2%. Where it stands out: revenue growth of 11.0% ranks 3 of 12 household products companies we cover. Where it lags: days sales outstanding of 65 days ranks 9 of 11 household products companies we cover.

Our discounted-cash-flow model values the business at ~$170 per share in the base case (~$130–$230 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 17.0% while net income fell 9.5%: a 27pp 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

Nothing in WD 40 Co's latest figures clears our strength thresholds.

Things to watch

  • Priced above our value. The share price of $227.83 is 25% above our value per share of $170.
  • Below peers: days sales outstanding. Days sales outstanding of 65 days ranks 9 of 11 household products companies we cover (median 45 days).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q4

Filed October 26, 2026
Earnings per share
$1.06 against an average estimate of $1.13: missed by 6.5%
Revenue
$177m, up 8.1% on a year earlier
Share reaction
+4.4% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
Next report
January 7, 2027; average EPS estimate $1.34

WD 40's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.3%
  • 1 week+5.4%
  • 1 month+12.8%
  • This year+17.9%
  • 1 year+19.5%
  • 5 years+5.9%
  • S&P 500 this year+11.2%

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

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$688M
Operating margin
15.8%
Net margin
12.0%
EPS (TTM, diluted)
$6.10

Growth

Revenue growth
+11.0%
Change in growth rate
+0.8 pts
Share count change
−0.5%

Cash

Free cash flow (TTM)
$97.6M
FCF margin
14.2%
Stock pay % of revenue
1.1%

Earnings

Last results
October 21, 2026
Next results (est.)
January 7, 2027

News & updates

Updated October 31, 2026

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

  1. Results
  2. Leadership
  3. Results

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

WD 40 Co valuation models and calculator

What the price is pricing in

The share price implies about 14.2% a year of cash-flow growth for five years.That is faster than the 7.1% a year revenue growth WD 40 has delivered.

  • Priced in14.2%
  • Last 12 months11.0%
  • 3 years a year8.6%
  • 5 years a year7.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($227.15, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$170
Price used
$227.15close November 3, 2026
Implied change
▼ 25%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of WD 40 Co's free cash flow after stock-based pay with after-tax interest added back ($92.6M, FY2026 Q4 TTM), growing 7.3% and 8.7% in the next two years (forecasts, guidance and its record), then back to 9.8% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$130–~$230 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of WD 40 Co's free cash flow after stock-based pay ( $92.6M, FY2026 Q4 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 WD 40 Co as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.41 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$170 ~$130–$230 Primary model, counts double
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. ~$100 ~$100–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$120 ~$86–$160 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$150 ~$120–$200 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) 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. ~$140 ~$100–$170 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare WD 40 Co with Household Products 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.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −7%
  • Last year's free-cash-flow margin change, if it persists ▲ +5%
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $99$134$182$244$325$430
8.5% $75$101$135$180$237$312
10% $61$81$107$141$185$242

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$100.75$94.42$156.26$162.78$185.14$219.56$175.96$203.48$252.55$210.93$213.06
Market value$1.4bn$1.3bn$2.2bn$2.3bn$2.5bn$3.0bn$2.4bn$2.8bn$3.4bn$2.9bn$2.9bn
+ Net debt (− = net cash)$71m$117m$38m$54m$57m$30m$108m$72m$48m$29m$15m
Enterprise value$1.5bn$1.5bn$2.2bn$2.3bn$2.6bn$3.0bn$2.5bn$2.8bn$3.5bn$2.9bn$2.9bn
Multiples
Price / sales 3.8x3.5x5.3x5.3x6.2x6.2x4.6x5.2x5.8x4.6x4.2x
Price / earnings 27.5x25.2x33.5x40.3x41.8x42.9x35.8x41.9x49.2x31.4x34.9x
Price / free cash flow 23.8x37.6x41.6x45.4x47.6x43.3x—30.2x39.0x34.3x29.5x
EV / EBITDA 19.5x17.5x25.7x25.6x30.6x31.8x26.3x29.0x32.9x25.8x24.2x

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

81 /100

Strong moat

How hard WD 40'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 28.7% of total assets over 10 years.

  • Pricing power 18 / 20

    Gross margin has been a median 54.7%, moving by 2.1 percentage points (standard deviation) across 10 years.

  • Durability 15 / 20

    Operating margin has been a median 17.5%; its worst year was 15.8%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 9 of 10 years, at a median 13.3% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 1.7% over five years; stock-based pay has been a median 1.1% 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 (86 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: January 7, 2027, after the close. Analysts expect revenue of $167m and EPS of $1.34 (range $1.25 to $1.46) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $6.54 +8% $728m +6%
Next $7.09 +8% $766m +5%

Next year's EPS estimate has moved −1.7% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.1% on 90 days ago. In the last 30 days, 0 analysts raised WD 40 Co's forecast and 1 cut it.

Consensus EPS forecast WD 40 Co, last 90 days
$6.40 $6.60 $6.80 $7.00 $7.20 $7.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $6.53 Current fiscal year, 60 days ago: $6.53 Current fiscal year, 30 days ago: $6.47 Current fiscal year, 7 days ago: $6.47 Current fiscal year, Now: $6.54 $6.54 Next fiscal year, 90 days ago: $7.21 Next fiscal year, 60 days ago: $7.21 Next fiscal year, 30 days ago: $7.21 Next fiscal year, 7 days ago: $7.21 Next fiscal year, Now: $7.09 $7.09

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

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $6.53$7.21
60 days ago $6.53$7.21
30 days ago $6.47$7.21
7 days ago $6.47$7.21
Now $6.54$7.09

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 $1.13 $1.06 −6.5%
May 2026 $1.56 $2.24 +43.1%
Feb 2026 $1.41 $1.50 +6.4%
Nov 2025 $1.45 $1.28 −11.4%

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

How our valuation uses these forecasts

Our cash-flow model grows WD 40 Co's revenue by +7.3% next year and +8.7% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.8%, weight 64%) and the company's own record (+9.8%, weight 36%) . How the weights are set.

Analyst recommendations

4 analysts, Oct 2026
Buy375%
Hold125%
Sell00%

Monthly trend

  1. Oct 2026314
  2. Sep 2026314
  3. Aug 2026314

Counts of recommendations published by analysts covering WD 40 Co, 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
5.1%
of tradable shares
Days to cover
3.79
at average volume
Short interest, 1 month
−12%
to October 15, 2026
Held by institutions
91%
of shares
Held by insiders
0.9%
of shares
Employees
753
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 +19.5%

$190.61 on October 31, 2025 to $227.83

ThenNowEffect
Revenue (last 12 months) $620m $688m +11.0%
Net margin 14.7% 12.0% −18.4%
P/E multiple 28.4x 37.3x +31.4%
Share count 14m 13m +0.5%

Biggest factor: p/e multiple.

Last 3 years +9.1%

$208.85 on November 3, 2023 to $227.83

ThenNowEffect
Revenue (last 12 months) $537m $688m +28.1%
Net margin 12.3% 12.0% −2.6%
P/E multiple 43.1x 37.3x −13.3%
Share count 14m 13m +0.8%

Biggest factor: revenue.

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
WDFC−7%−33%+51%+3%−17%+18%
Industry peers (median)+9%−17%+4%+12%−20%+19%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WDFC33%42%50%50%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WDFC−37%−41%−14%−22%−24%−28%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 54% from February 11, 2021 to October 24, 2022. Getting back needed a 118% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$183.97 – $262.51
From 52-week high
−13.2%
vs 50-day average
+11.6%
vs 200-day average
+4.7%
Volatility (1 year)
32%
Beta vs S&P 500
0.09

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
5 up, 7 down
typical move ±6.0%
After a week
6 up, 6 down
typical move ±6.7%
After a month
4 up, 7 down
typical move ±7.2%
Results releasedNext dayS&P 500 next day5 days21 days
October 21, 2026 +4.4% −0.7% +6.3% —
July 9, 2026 +7.4% +1.3% +4.0% −4.3%
April 9, 2026 −2.4% +0.5% −7.1% −4.7%
January 8, 2026 −4.5% +0.7% +3.4% +19.8%
October 22, 2025 +4.0% +0.1% −3.6% −0.5%
July 10, 2025 −2.8% −0.1% −3.9% −4.1%
April 8, 2025 −8.6% +8.8% −7.1% −1.0%
January 10, 2025 −5.0% −1.4% −2.5% −2.5%
October 17, 2024 −4.4% +0.4% +2.0% +6.2%
July 10, 2024 +3.5% +0.1% +14.9% +15.0%
April 9, 2024 −10.0% −0.9% −10.5% −8.9%
January 9, 2024 +14.6% +0.4% +15.4% +12.1%

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.

Options strategies

All options ideas

How WD 40 Co’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

WD 40 Co in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

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) WD 40 Co
$550M $600M $650M $700M FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $552.8M Revenue (TTM), FY24 Q2: $561.7M Revenue (TTM), FY24 Q3: $575M Revenue (TTM), FY24 Q4: $590.6M Revenue (TTM), FY25 Q1: $603.6M Revenue (TTM), FY25 Q2: $610.6M Revenue (TTM), FY25 Q3: $612.5M Revenue (TTM), FY25 Q4: $620M Revenue (TTM), FY26 Q1: $620.9M Revenue (TTM), FY26 Q2: $636.5M Revenue (TTM), FY26 Q3: $674.7M Revenue (TTM), FY26 Q4: $688M $688M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $552.8M
FY24 Q2 $561.7M
FY24 Q3 $575M
FY24 Q4 $590.6M
FY25 Q1 $603.6M
FY25 Q2 $610.6M
FY25 Q3 $612.5M
FY25 Q4 $620M
FY26 Q1 $620.9M
FY26 Q2 $636.5M
FY26 Q3 $674.7M
FY26 Q4 $688M
Revenue growth, TTM YoY WD 40 Co
0% 5% 10% 15% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 8.6% Revenue growth, TTM YoY, FY24 Q2: 10.3% Revenue growth, TTM YoY, FY24 Q3: 9.1% Revenue growth, TTM YoY, FY24 Q4: 9.9% Revenue growth, TTM YoY, FY25 Q1: 9.2% Revenue growth, TTM YoY, FY25 Q2: 8.7% Revenue growth, TTM YoY, FY25 Q3: 6.5% Revenue growth, TTM YoY, FY25 Q4: 5.0% Revenue growth, TTM YoY, FY26 Q1: 2.9% Revenue growth, TTM YoY, FY26 Q2: 4.2% Revenue growth, TTM YoY, FY26 Q3: 10.2% Revenue growth, TTM YoY, FY26 Q4: 11.0% 11.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 8.6%
FY24 Q2 10.3%
FY24 Q3 9.1%
FY24 Q4 9.9%
FY25 Q1 9.2%
FY25 Q2 8.7%
FY25 Q3 6.5%
FY25 Q4 5.0%
FY26 Q1 2.9%
FY26 Q2 4.2%
FY26 Q3 10.2%
FY26 Q4 11.0%
Operating margin (TTM) WD 40 Co
15.5% 16% 16.5% 17% 17.5% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 17.2% Operating margin (TTM), FY24 Q2: 16.7% Operating margin (TTM), FY24 Q3: 16.6% Operating margin (TTM), FY24 Q4: 16.3% Operating margin (TTM), FY25 Q1: 16.1% Operating margin (TTM), FY25 Q2: 16.3% Operating margin (TTM), FY25 Q3: 16.3% Operating margin (TTM), FY25 Q4: 16.7% Operating margin (TTM), FY26 Q1: 16.4% Operating margin (TTM), FY26 Q2: 16.5% Operating margin (TTM), FY26 Q3: 17.5% Operating margin (TTM), FY26 Q4: 15.8% 15.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 17.2%
FY24 Q2 16.7%
FY24 Q3 16.6%
FY24 Q4 16.3%
FY25 Q1 16.1%
FY25 Q2 16.3%
FY25 Q3 16.3%
FY25 Q4 16.7%
FY26 Q1 16.4%
FY26 Q2 16.5%
FY26 Q3 17.5%
FY26 Q4 15.8%
FCF margin (TTM) WD 40 Co
10% 15% 20% 25% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 19.7% FCF margin (TTM), FY24 Q2: 20.8% FCF margin (TTM), FY24 Q3: 17.7% FCF margin (TTM), FY24 Q4: 14.9% FCF margin (TTM), FY25 Q1: 12.6% FCF margin (TTM), FY25 Q2: 10.8% FCF margin (TTM), FY25 Q3: 13.3% FCF margin (TTM), FY25 Q4: 13.5% FCF margin (TTM), FY26 Q1: 12.6% FCF margin (TTM), FY26 Q2: 13.2% FCF margin (TTM), FY26 Q3: 11.8% FCF margin (TTM), FY26 Q4: 14.2% 14.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 19.7%
FY24 Q2 20.8%
FY24 Q3 17.7%
FY24 Q4 14.9%
FY25 Q1 12.6%
FY25 Q2 10.8%
FY25 Q3 13.3%
FY25 Q4 13.5%
FY26 Q1 12.6%
FY26 Q2 13.2%
FY26 Q3 11.8%
FY26 Q4 14.2%

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

Where the money goes

FY2026, from the 10-K

Each dollar WD 40 took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $688M
  2. Cost of revenue $307M · 44.7%
  3. Gross profit $380M · 55.3%
  4. Research and development $8.1M · 1.2%
  5. Selling, general and admin $225M · 32.7%
  6. Other operating costs $38.4M · 5.6%
  7. Operating income $109M · 15.8%
  8. Income tax $24.2M · 3.5%
  9. Net income $82.3M · 12.0%

Shares of revenue. Source: WD 40's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

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

Fiscal year 2010 Aug 2010 2011 Aug 2011 2012 Aug 2012 2013 Aug 2013 2014 Aug 2014 2015 Aug 2015 2016 Aug 2016 2017 Aug 2017 2018 Aug 2018 2019 Aug 2019 2020 Aug 2020 2021 Aug 2021 2022 Aug 2022 2023 Aug 2023 2024 Aug 2024 2025 Aug 2025 2026 Aug 2026
Income
Revenue 322 336 343 369 383 378 381 381 409 423 408 488 519 537 591 620 688
Gross profit 165 168 168 189 199 200 214 214 225 232 223 264 255 274 315 341 380
EBITDA 59 59 57 62 70 72 78 83 86 90 85 96 96 98 106 112 119
Operating income 55 54 52 57 64 65 71 76 79 82 77 89 87 90 96 104 109
Net income 36 36 35 40 44 45 53 53 65 56 61 70 67 66 70 91 82
Diluted EPS $2.15 $2.14 $2.20 $2.54 $2.87 $3.04 $3.64 $3.72 $4.64 $4.02 $4.40 $5.09 $4.90 $4.83 $5.11 $6.69 $6.08
Growth (year on year)
Revenue — +4.6% +1.9% +7.5% +3.9% −1.3% +0.7% −0.0% +7.4% +3.6% −3.5% +19.5% +6.3% +3.6% +9.9% +5.0% +11.0%
EBITDA — −1.6% −3.3% +9.5% +12.3% +3.2% +8.3% +6.3% +4.5% +4.1% −5.6% +12.9% −0.2% +2.4% +8.1% +5.8% +6.5%
Operating income — −1.9% −4.4% +9.5% +12.5% +2.6% +9.1% +6.4% +3.6% +4.8% −6.3% +15.0% −1.7% +2.7% +7.4% +7.7% +5.0%
Net income — +0.9% −2.6% +12.2% +9.9% +2.4% +17.5% +0.6% +23.2% −14.3% +8.6% +15.7% −4.1% −2.0% +5.5% +30.7% −9.5%
Diluted EPS — −0.5% +2.8% +15.5% +13.0% +5.9% +19.7% +2.2% +24.7% −13.4% +9.5% +15.7% −3.7% −1.4% +5.8% +30.9% −9.1%
Margins
Gross margin 51.4% 50.0% 49.2% 51.3% 51.9% 52.9% 56.3% 56.2% 55.1% 54.9% 54.6% 54.0% 49.1% 51.0% 53.4% 55.1% 55.3%
EBITDA margin 18.5% 17.4% 16.5% 16.8% 18.2% 19.0% 20.4% 21.7% 21.2% 21.3% 20.8% 19.6% 18.4% 18.2% 17.9% 18.1% 17.3%
Operating margin 17.2% 16.1% 15.1% 15.4% 16.6% 17.3% 18.7% 19.9% 19.2% 19.5% 18.9% 18.2% 16.8% 16.7% 16.3% 16.7% 15.8%
Net margin 11.2% 10.8% 10.4% 10.8% 11.4% 11.8% 13.8% 13.9% 16.0% 13.2% 14.9% 14.4% 13.0% 12.3% 11.8% 14.7% 12.0%
Free-cash-flow margin 17.0% 8.1% 8.9% 13.2% 9.0% 13.0% 16.0% 9.3% 12.8% 11.7% 13.1% 14.3% −1.1% 17.0% 14.9% 13.5% 14.2%
Cash flow
Cash from operations 56 30 34 52 39 55 65 56 65 63 73 85 3 98 92 88 105
Capital spending 2 3 4 3 4 6 4 20 12 13 19 15 8 7 4 5 7
Free cash flow 55 27 30 49 35 49 61 35 52 50 53 70 −6 92 88 83 98
Stock-based pay 3 3 3 2 2 3 4 4 4 4 5 10 7 6 7 7 8
Free cash flow after stock pay 52 24 28 46 32 46 57 31 48 45 48 60 −12 85 81 76 90
Balance sheet
Cash 76 56 70 53 58 54 51 37 49 27 56 86 38 48 47 58 71
Total debt 0 11 45 63 98 108 122 154 86 81 114 116 146 121 95 87 86
Net debt (negative = net cash) −76 −46 −25 10 40 54 71 117 38 54 57 30 108 72 48 29 15
Diluted shares 17m 17m 16m 16m 15m 15m 14m 14m 14m 14m 14m 14m 14m 14m 14m 14m 13m
Returned to shareholders
Dividends 17 18 18 19 20 22 24 27 30 33 36 38 42 45 47 50 54
Buybacks 0 41 40 31 43 30 32 31 23 30 17 0 29 10 8 12 30
Total returned 17 60 58 50 63 52 56 58 52 63 53 38 71 55 55 63 84

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

6 of 7 checks passed · August 31, 2026
What it owns · $494m
Short-term assets $296mLonger-term assets $199m
What it owes, and who funded it · $494m
Short-term liabilities $115mLonger-term liabilities $107mShareholders' equity $273m
  • Short-term assets cover short-term liabilities $296m of assets due within a year against $115m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $296m short-term assets against $107m of longer-dated liabilities.
  • More cash than debt $71m of cash against $86m of debt.
  • Debt below 40% of shareholders' equity Debt is 32% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 57% to 32% over five years.
  • A year's operating cash flow covers at least 20% of debt $105m of operating cash flow against $86m of debt.
  • Operating profit covers interest at least five times over Operating income of $109m against $3m of interest.

From WD 40 Co'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 Q4 TTM
Buybacks (TTM)
$29.6M
Dividends (TTM)
$54M
Returned to shareholders
86%
of free cash flow
Buybacks, last 3 fiscal years
$50M
Diluted share count
−0.5%
year over year
Total shareholder yield
2.7%
dividends 1.8% + buybacks 1.0% of market value
Dividend payout ratio
66%
of net income paid out
Sales & admin spending
32.7%
of revenue
Days sales outstanding
65 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in household products
Last 12 months unless stated WDFC YSG SPB GROV ENR CENT Median
Revenue, last 12 months $688m $598m $2.9bn $159m $3.0bn $3.1bn $3.0bn
Revenue growth, last 12 months 11.0% 26.8% 0.8% −14.3% 2.2% −1.2% 1.9%
Revenue growth, 3-year average 8.6% — −0.6% −18.1% 0.6% −1.9% −0.6%
Revenue growth, latest quarter 8.1% — 7.7% −16.9% 1.2% −8.2% 1.0%
Gross margin 55.3% 78.2% 39.6% 53.6% 36.8% 32.5% 42.9%
Operating margin 15.8% −4.3% 4.0% −3.8% — 8.1% 11.5%
Operating margin, 3-year average 16.3% — 4.6% −8.1% — 7.4% 15.9%
Net margin 12.0% −1.9% 2.8% −4.1% 2.7% 5.4% 7.2%
Cash from operations / revenue 15.3% −2.2% 11.6% −0.3% 7.3% 12.7% 13.0%
Free-cash-flow margin 14.2% −3.2% 10.2% −0.7% 5.0% 11.2% 10.6%
Free-cash-flow margin, 3-year average 14.2% — −1.2% −3.7% 6.6% 10.1% 11.4%
Stock pay / revenue 1.1% 1.4% 0.8% 2.2% 0.9% 0.5% 0.8%
Change in share count −0.5% −8.0% −12.5% 5.0% −5.6% −4.5% −1.5%

Median of all 12 companies we cover in household products. 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

12 household products companies
Measure Company Peer median Rank
Revenue growth Growth 11.0% 2.2% 3 of 12
Change in growth rate Growth +0.8pp -0.1pp 3 of 12
Gross margin Profitability 55.3% 46.1% 3 of 12
Operating margin Profitability 15.8% 14.8% 3 of 10
Net margin Profitability 12.0% 9.1% 3 of 12
Free-cash-flow margin Cash generation 14.2% 11.0% 3 of 12
Stock pay as % of revenue Cash generation 1.1% 0.8% 8 of 11
Long-term debt as % of assets Balance sheet 17.2% 31.5% 3 of 10
Change in share count Balance sheet -0.5% -1.4% 8 of 12
Days sales outstanding Balance sheet 65 days 45 days 9 of 11

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

Where the revenue comes from

Fiscal year to August 31, 2026
Segments
Line of business Revenue Share YoY
Americas $326M 47.4% ▲ 12.2%
Europe India Middle East and Africa $259M 37.7% ▲ 9.7%
Asia Pacific $103M 14.9% ▲ 10.3%
Products and services
Line of business Revenue YoY
Maintenance Products $666M ▲ 12.7%
Multi Purpose Maintenance Products $666M ▲ 12.7%
WD40 Multi Use Product $533M ▲ 11.4%
WD40 Specialist $99.1M ▲ 20.9%
Rebate Other Discounts $44.6M ▲ 15.8%
Other Maintenance Products $34.2M ▲ 10.2%
Homecare and Cleaning Products $22.1M ▼ 24.0%
Cash Discounts $6.1M ▲ 1.7%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
Outside the US $452M 65.7% ▲ 10.3%
United States $236M 34.3% ▲ 12.3%

From WD 40 Co's 10-K filed October 26, 2026, 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
$2.9B
Institutions reporting
384
Shares held vs prior quarter
▼ 1.5%
Positions opened / closed
47 / 44

Top buyers and sellers, Q2 2026: 161 institutions bought and 172 sold ; the biggest buyer was American Century Companies Inc (+194K shares) and the biggest seller Marshall Wace, LLP (−108K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $506M 2.1M 17.7% ▲ 2.8%
Vanguard Portfolio Management LLC $262M 1.1M 9.2% ▲ 3.6%
Kayne Anderson Rudnick Investment Management LLC $153M 629K 5.4% ▼ 0.8%
Vanguard Capital Management LLC $147M 604K 5.2% ▼ 0.2%
State Street Corp $134M 549K 4.7% ▲ 4.3%
Geode Capital Management, LLC $108M 441K 3.8% ▲ 8.3%
First Trust Advisors LP $84.9M 349K 3.0% ▼ 15.3%
Alliancebernstein L.P. $77M 378K 2.7% ▼ 19.6%
Dimensional Fund Advisors LP $75.9M 312K 2.7% ▲ 5.9%
Ameriprise Financial Inc $72.8M 299K 2.6% ▲ 21.5%
Thrivent Financial For Lutherans $67.2M 276K 2.4% ▼ 0.2%
Morgan Stanley $61.6M 253K 2.2% ▼ 17.1%

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 WD 40 Co's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $104,792 1 trade by 1 insider, last 12 months Insider sales History → $117,063 2 trades by 1 insider · 0% under pre-set plans
Net ▼ $12,271 net selling
Insider Date Trade Shares Price Value
Olsem Patricia Q Division President, Americas August 13, 2026 Sell 200 $234.72 $46,944
Olsem Patricia Q Division President, Americas August 10, 2026 Sell 300 $233.73 $70,119
Pendarvis David Director February 5, 2026 Buy 424 $247.15 $104,792

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.

Trades by members of Congress

All 6 trades and filings

No trades in WD 40 Co disclosed in the last 12 months; 6 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded July 22, 2025, filed August 13, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded July 16, 2025, filed August 13, 2025
  • Gilbert Ray Cisneros, Jr.(D-CA 39):Sale (full), $1,001 - $15,000, traded July 30, 2020, filed August 19, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 7, 2027 estimated from the company's past filing pattern, not announced

  • October 21, 2026
  • July 9, 2026
  • April 9, 2026
  • January 8, 2026
  • October 22, 2025
  • July 10, 2025

Recent SEC filings

Data status

When each part of this page on WD 40 Co 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.

WD 40 Co in brief

What does WD 40 Co do?
WD 40 Co is a US-listed company in the household products industry. Its financial year ends in August.
What is WD 40 Co's stock ticker?
WD 40 Co trades under the ticker WDFC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is WD 40 Co's revenue, and how fast is it growing?
Over its most recent trailing twelve months, WD 40 Co reported revenue of $688M, 11.0% higher than a year earlier, according to its SEC filings.
What is WD 40 Co's free cash flow?
WD 40 Co's free-cash-flow margin is 14.2% of revenue over the trailing twelve months, ranking 3 of the 12 household products companies we cover.
What is WD 40 Co's fair value (intrinsic value) per share?
Our discounted-cash-flow model of WD 40 Co's free cash flow after stock-based pay gives ~$170 per share in the base case, and ~$130–$230 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are WD 40 Co's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Kayne Anderson Rudnick Investment Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is WD 40 Co buying back stock, and does it pay a dividend?
WD 40 Co spent $29.6M on share repurchases over the trailing twelve months, and its diluted share count fell 0.5% over the year.
What is WD 40 Co's market cap?
On August 31, 2026, WD 40 Co's market capitalisation was about $2.9B, with a price-to-earnings ratio of 34.9 and net debt of $15.4M. Market figures come from third-party market data and may be delayed.
Does WD 40 Co pay a dividend?
Yes: WD 40 Co paid $54M in dividends over the trailing twelve months, a dividend yield of 1.77% and a payout ratio of 65.6%.
How much debt does WD 40 Co have?
WD 40 Co's debt-to-equity ratio is 31.5%, from its latest balance sheet (56.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are WD 40 Co's competitors?
In our Household Products peer group, the companies closest to WD 40 Co are Yatsen Holding Ltd, Spectrum Brands Holdings, Inc., Grove Collaborative Holdings, Inc., Energizer Holdings, Inc. and Central Garden & PET Co. The side-by-side comparison below sets their revenue, margins and growth against WD 40 Co's.
Are insiders buying or selling WD 40 Co stock?
Over the last 12 months, WD 40 Co's directors and officers reported 1 open-market purchases and 2 sales on Form 4. The insider trading page charts every trade.
When is WD 40 Co's next earnings date?
Around January 7, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — WD 40 Co announces its own schedule.