WDFC · Nasdaq · Basic Materials
WD-40 Company (WDFC) — Rank #21 by gross profitability (GP/assets 0.77) · ROE 30.2% · Piotroski F-Score 7 / 9.
As-of 2026-10-31 · CIK 0000105132 · all metrics point-in-time as of the filing date.
About
WD-40 Company engages in the provision of maintenance products, and homecare and cleaning products in North America, Central and South America, Asia, Australia, Europe, India, the Middle East, and Africa.
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The company offers multi-purpose maintenance products and specialty maintenance products, including WD-40 Multi-Use Product, an aerosol spray with various unique delivery systems, a non-aerosol trigger spray, a precision pen, and in liquid-bulk used for household, marine, automotive, construction, repair, sporting goods, and gardening applications; and WD-40 Specialist product line which includes penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers. It also provides multi-purpose drip and specialty oil lubricant; professional-grade aerosol specialty maintenance products, such as 3-IN-ONE RVcare products, 3-IN-ONE garage door lubricant, and 3-IN-ONE lock dry lube; and spray maintenance products and lubricants under the GT85 brand. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand; aerosol and a liquid trigger carpet stain and odor eliminator under the Spot Shot brand; room and rug deodorizers sold as powder and aerosol quick-dry foam products under the Carpet Fresh brand; and heavy-duty hand cleaner, automatic toilet bowl cleaners, aerosol foaming carpet, fabric sanitizers, deodorizers, spot stain cleaners, and hand cleaner products under the Lava, X-14, no vac, and Solvol brands. It sells its products primarily through hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, warehouse club stores, farm supply stores, sport retailers, and independent bike dealers.
WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
- Industry
- Specialty Chemicals
- Sector
- Basic Materials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- August 31
- Website
- wd40company.com
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
753
Industry
Specialty Chemicals
Exchange
Nasdaq
11/12
Flags passed
WDFC fails 1 critical flag
Passes 11 of 12 quality flags
- FAILOperating margin declining
Operating margin lower than prior year
- PASSGross margin holding
- PASSDilution within 2%
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSRevenue not declining
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSBalance sheet stable
- PASSNo competitive retreat
- PASSSBC not compressing margin
- PASSNo valuation convergence
Strengths Revenue growth accelerating · Deferred revenue growing
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passFCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Does it make money well?
Warning: Operating margin declining · GP/assets 89th percentile of 39 SIC 28 peers
Gross profitability (GP / assets)
0.77
Primary signal (Novy-Marx).
89th pctl of 39 SIC 28 peers
Return on equity
30.2%
Gross margin
55.3%
58th pctl of 39 SIC 28 peers
Revenue growth (YoY)
11.0%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
8.6%
Revenue CAGR (5Y)
7.1%
Earnings CAGR (3Y)
7.7%
FCF CAGR (3Y)
2.2%
Cash Flow Health
Is the cash real?
No warning flags · FCF 18% above net income
Free cash flow
$97.57M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
18.5%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.1%
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net debt $15.44M, F-Score 7/9
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.81
41st pctl of 35 SIC 28 peers (best = lowest)
Current ratio
2.57×
61st pctl of 39 SIC 28 peers
Quick ratio
1.68×
Net cash
-$15.44M
Cash & equivalents minus total debt.
Piotroski F-Score
7 / 9
Fundamental-strength score (0-9).
Valuation
Is the price reasonable?
No warning flags
Dividend safety
Composite score
3.0 / 5
Capital allocation quality
Composite score
4.0 / 5
Lifecycle Phase History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports