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. The company offers multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; drip and specialty oil lubricant, and specialty maintenance products under the 3-IN-ONE brand; and e bike maintenance products under the GT85 brand. It also provides automatic toilet bowl cleaners under the 2000 Flushes brand; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand; bar soap and liquid hand cleaner products under the Lava and Solvol brand; automatic toilet bowl cleaners under the X-14 brand; carpet and fabric sanitizers and deodorizers products, and spot stain cleaners under the no vac brand; and room and rug deodorizers under the 1001 and 1001 Carpet Fresh brand. The company 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, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $620M | $113M | $91M | $83M | 33.9% | 5.0% | 30.7% |
| 2024 | $591M | $105M | $70M | $88M | 30.2% | 9.9% | 5.5% |
| 2023 | $537M | $99M | $66M | $92M | 31.4% | 3.6% | -2.0% |
| 2022 | $519M | $95M | $67M | $-6M | 35.7% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 518.82 | 537.26 | 590.56 | 619.98 |
| Operating Revenue | - | 518.82 | 537.26 | 590.56 | 619.98 |
| Cost Of Revenue | - | 264.06 | 263.04 | 275.33 | 278.64 |
| Gross Profit | - | 254.76 | 274.22 | 315.23 | 341.34 |
| Operating Expense | - | 167.44 | 184.50 | 218.88 | 237.55 |
| Selling General And Administration | - | 166 | 183.49 | 217.77 | 237.37 |
| Total Expenses | - | 431.49 | 447.53 | 494.21 | 516.19 |
| Operating Income | - | 87.33 | 89.72 | 96.35 | 103.79 |
| Total Operating Income As Reported | - | 87.33 | 89.72 | 96.35 | 103.79 |
| EBITDA | - | 95.14 | 98.93 | 105.25 | 113.26 |
| Normalized EBITDA | - | 95.14 | 98.93 | 105.25 | 113.26 |
| EBIT | - | 86.85 | 90.78 | 95.80 | 105.07 |
| Interest Income | - | 0.10 | 0.23 | 0.47 | 0.52 |
| Interest Expense | - | 2.74 | 5.61 | 4.29 | 3.44 |
| Net Interest Income | - | -2.64 | -5.38 | -3.81 | -2.92 |
| Other Non Operating Income Expenses | - | -0.58 | 0.82 | -1.03 | 0.76 |
| Other Income Expense | - | -0.58 | 0.82 | -1.03 | 0.76 |
| Interest Income Non Operating | - | 0.10 | 0.23 | 0.47 | 0.52 |
| Interest Expense Non Operating | - | 2.74 | 5.61 | 4.29 | 3.44 |
| Net Non Operating Interest Income Expense | - | -2.64 | -5.38 | -3.81 | -2.92 |
| Pretax Income | - | 84.11 | 85.16 | 91.51 | 101.63 |
| Tax Provision | - | 16.78 | 19.17 | 21.86 | 10.63 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 67.33 | 65.99 | 69.64 | 90.99 |
| Net Income From Continuing And Discontinued Operation | - | 67.33 | 65.99 | 69.64 | 90.99 |
| Net Income From Continuing Operation Net Minority Interest | - | 67.33 | 65.99 | 69.64 | 90.99 |
| Net Income | - | 67.33 | 65.99 | 69.64 | 90.99 |
| Net Income Common Stockholders | - | 67.08 | 65.72 | 69.40 | 90.73 |
| Net Income Including Noncontrolling Interests | - | 67.33 | 65.99 | 69.64 | 90.99 |
| Normalized Income | - | 67.33 | 65.99 | 69.64 | 90.99 |
| Diluted NI Availto Com Stockholders | - | 67.08 | 65.72 | 69.40 | 90.73 |
| Basic Average Shares | - | 13.67 | 13.58 | 13.55 | 13.54 |
| Diluted Average Shares | - | 13.70 | 13.60 | 13.58 | 13.57 |
| Reconciled Depreciation | - | 8.29 | 8.15 | 9.46 | 8.19 |
| Reconciled Cost Of Revenue | - | 257.20 | 255.89 | 266.98 | 270.63 |
| Depreciation Amortization Depletion Income Statement | - | 1.43 | 1 | 1.11 | 0.18 |
| Depreciation And Amortization In Income Statement | - | 1.43 | 1 | 1.11 | 0.18 |
| General And Administrative Expense | - | 138.66 | 154.68 | 183.86 | 199.94 |
| Other Gand A | - | 138.66 | 154.68 | 183.86 | 199.94 |
| Selling And Marketing Expense | - | 27.34 | 28.81 | 33.91 | 37.43 |
| Otherunder Preferred Stock Dividend | - | 0.25 | 0.27 | 0.25 | 0.26 |
| Amortization | - | 1.43 | 1 | 1.11 | 0.18 |
| Amortization Of Intangibles Income Statement | - | 1.43 | 1 | 1.11 | 0.18 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| WD-40 Companythis co. | WDFC | $2.7B | 30.11 | 10.19 | 33.8% | 24.47 |
| The Chemours Company | CC | $3.3B | - | 13.03 | -154.4% | 21.03 |
| Hawkins, Inc. | HWKN | $3.2B | 39.04 | 5.96 | 15.3% | 19.62 |
| Kaiser Aluminum Corporation | KALU | $3.1B | 27.14 | 3.70 | 13.6% | 12.82 |
| Alpha Metallurgical Resources, Inc. | AMR | $2.7B | -44.36 |
| - |
| - |
| - |
| - |
| 1.77 |
| -4.0% |
| 24.96 |
| Quaker Chemical Corporation | KWR | $2.4B | -982.03 | 1.78 | -0.2% | 21.93 |
| Boise Cascade Company | BCC | $2.4B | 18.14 | 1.16 | 6.4% | 6.72 |
| Minerals Technologies Inc. | MTX | $2.4B | -129.26 | 1.39 | -1.1% | 22.86 |
| Ingevity Corporation | NGVT | $2.3B | -13.75 | 77.38 | -562.6% | 83.64 |
| Peer Median | - | -13.75 | 2.74 | -0.6% | 21.48 | |