WDFC

WD-40 Company

Fundamental data last updated:November 3, 2026

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company profile

SECTOR

Basic Materials

industry

Chemicals - Specialty

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also offers multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company provides automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. The company was founded in 1953 and is headquartered in San Diego, California.

 


VALUATION

P/E

34.05

Market Cap ($M USD)

$2.71B

Forward P/E

28.01

PEG

1.30

PRICE TO SALES

4.26

PRICE TO BOOK

10.13

EV / EBITDA

24.16

5-Year Average P/E

Free Cash Flow Yield

3.10%

DCF Value

$311.24

Graham Number

$51.52

Price to FCF

32.26

EV to FCF

32.98

Earnings Yield

2.94%

FCF Yield

3.10%

DIVIDEND

Yield

1.94%

Annual Payout

$3.92

Payout Ratio

65.09%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$5.92

Next Year EPS Growth Estimate

$7.20

Next Year Revenue Growth Estimate

$742.00M

Return on Equity (ROE)

30.23%

FREE CASH FLOW

Operating Margin

16.49%

Debt-to-Equity

0.36

Piotroski F-Score

8

Altman Z-Score

12.35

Return on Invested Capital (ROIC)

28.12%

Current Ratio

2.83

Quick Ratio

1.98

Net Debt to EBITDA

0.53

Interest Coverage

25.24

Gross Profit margin

55.67%

FCF PER SHARE

$6.23

REVENUE PER SHARE

$47.13

Gainseekers Quantitative Analysis

Summary

The market seems to be underestimating WD-40 Company, as recent pricing indicated it traded below its DCF value of $331.84. With a Forward P/E of 28.90 and an Earnings Yield of 2.85%, the stock appears expensive on the surface, yet the Altman Z-score of 12.38 suggests robust financial health and low bankruptcy risk. The company’s high Return on Equity of 30.23% and impressive ROIC of 28.12% highlight strong management execution and capital efficiency. Despite a hefty Price/Book ratio of 10.45, the underlying fundamentals suggest a solid growth trajectory, making it a compelling case for further analysis.

AI Exposure / Tech Reliance

Operating within the Chemicals - Specialty industry, WD-40 Company is not directly exposed to AI-driven disruptions. However, its focus on specialty chemicals positions it to leverage modern tech for operational efficiencies. The company's adaptability will depend on integrating tech solutions to enhance production and distribution processes.

The Bull Case

For the discerning GARP investor, WD-40 Company offers a compelling narrative of capital efficiency and operational strength. With a Piotroski F-Score of 8, the company demonstrates solid financial health and operational efficiency. Its ROIC of 28.12% and a Gross Profit Margin of 55.67% underscore its pricing power and ability to generate returns above the cost of capital. Despite a modest FCF Yield of 3.00%, the company's ability to convert revenue into free cash flow speaks to its disciplined capital management.

The Bear Case

Despite its strengths, WD-40 Company faces valuation challenges with a Price/Sales ratio of 4.40 and a Price/Book ratio of 10.45, suggesting the stock is priced for perfection. The Price to FCF ratio of 33.28 indicates a premium valuation, which may not be justified by its modest Earnings Yield of 2.85%. Additionally, the stock's proximity to its 52-week high, with only a 21.72% distance, raises concerns about potential overextension. Investors should be wary of these high multiples, which could limit upside potential.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$475.00

Institutional Ownership %

1-Year Beta

0.32

Insider Buying % (6 Mo)

Distance to 52-Week High

25.56%

Distance to 52-Week Low

13.04%

EARNINGS SURPRISE %

7.91%

50-DAY SMA

$210.23

200-DAY SMA

$210.54

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.