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Buy Day today: Good (62) Broad market participation · no major macro event
WDFC

WD-40 Company

Basic Materials · Specialty Chemicals · listed since 1990

190.50$ +0.5% vs. previous close Closing price · As of: Sep 17, 2026
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Price history

Chart

Interactive price chart (TradingView).

52-week range: 187.50 $ to 264.90 $ · Last price: 190.50 $ (As of: September 17, 2026)

Key figures

Key figures at a glance

Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.

Basics

Market Cap ?The value of the entire company on the market: share price times total shares outstanding. 2.5$B
Shares Outstanding ?Total number of shares issued. Price times share count gives market cap. 13m
Float ?Share of stock freely tradable on the market — not locked up in the hands of founders, insiders, or major shareholders. 99.6%
Beta ?Volatility versus the overall market: 1 = moves like the market, 2 = twice as much, under 1 = calmer than the market. 0.3

Performance

Perf. 1M ?Price performance over the last month. 21.70%
Perf. 3M ?Price performance over the last 3 months. 22.60%
Perf. 6M ?Price performance over the last 6 months. 21.00%
YTD Performance (%) ?Price performance since the start of the year (Year to Date). 16.50%
52-Week-High Distance ?How far the price sits below its highest point over the last 52 weeks. 0% means the stock is at its year high. -2.8%
Perf. 1Y ?Price performance over the last 12 months. -8.50%
Perf. 3Y ?Price performance over the last 3 years. -2.68%
Perf. 5Y ?Price performance over the last 5 years. -9.03%
Perf. 10Y ?Price performance over the last 10 years. 94.61%
Perf. Since Inception ?Price performance since the first available trading day (05/03/1973) — with a complete history, that is since the IPO. 49,902.62%

Technical Indicators

MA 38 Days ?Moving average of the last 38 trading days: the smoothed price path. A price above it signals short-term strength. 217.70$
MA 50 Days ?Moving average of the last 50 trading days — the most widely watched medium-term trend line. 224.20$
MA 200 Days ?Moving average of the last 200 trading days — the dividing line between a long-term uptrend and downtrend. 218.60$
RSI (14) ?Relative Strength Index over 14 days, scale 0 to 100: above 70 counts as overbought, below 30 as oversold. A hint on timing, not a verdict on the company. 21.9
Volatility 30 Days ?Price swings over the last 30 trading days, annualized. The higher the value, the more the price fluctuates. 23.0%
Volatility 250 Days ?Price swings over the last 250 trading days (roughly one market year), annualized. 31.3%

Calculated from the price history · as of 09/18/2026

Valuation

P/E ?Price-to-earnings ratio: how many years of profit does the stock cost? The lower, the cheaper the valuation. No earnings means no P/E.
Forward P/E ?P/E based on expected earnings for the next 12 months instead of past earnings — analysts' bet on the future. 52.6
PEG ?P/E divided by expected earnings growth: puts valuation in relation to growth. Around 1 is considered fair, well above that is pricey. 3.8
P/B ?Price-to-book ratio: market value relative to book equity.
P/S ?Price-to-sales ratio: market value divided by annual sales. Important for companies that aren't (yet) profitable. 3.7
EV/EBITDA ?Enterprise value including debt (EV) relative to operating profit before depreciation and amortization (EBITDA) — more comparable than P/E because debt counts too. Extreme values arise when EBITDA is near zero. 20.3
Price/FCF ?Market value divided by free cash flow: how many years of freely available cash does the stock cost? More honest than P/E because cash flow is harder to dress up. 31.8

Profitability

Gross Margin ?Gross margin: what's left of sales after only direct production costs are deducted — the product's pricing power. 55.8%
EBIT Margin ?EBIT margin: operating profit as a percentage of sales — the earning power of the core business before interest and taxes. 16.3%
Net Margin ?Net margin: what's left of sales as profit after ALL costs, interest, and taxes. 13.2%
Return on Equity ?Return on equity: how much profit does the company generate per year on shareholders' equity? 31.3%
Return on Assets ?Return on assets: how much profit the company generates from its total assets (equity and debt combined). 15.4%

Balance Sheet & Safety

Equity Ratio ?Equity ratio: equity as a share of total assets. The higher, the more resilient the balance sheet. 56.8%
Debt/Equity ?Leverage ratio: financial debt divided by equity. Under 1 is generally seen as solid; negative values mean negative equity.
Altman Z″ ?Edward Altman's bankruptcy early-warning score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. On that scale: below 1.1 = danger zone, 2.6 and up = safe zone, in between a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks. fortress balance sheet 12.47
Piotroski ?Balance-sheet health check by Joseph Piotroski: 9 yes/no criteria on profit, cash flow, leverage, and efficiency. 7+ is very solid, under 3 is a red flag. 7 out of 9

Growth

Sales Growth Last Quarter ?Sales growth in the most recently reported quarter versus the same quarter a year ago (YoY). 10.70%
EPS Growth Last Quarter ?Growth in earnings per share in the most recently reported quarter versus the same quarter a year ago (YoY). -31.50%
Sales Growth (Year) ?Sales growth in the last fiscal year versus the year before. 4.98%
Forward Sales Growth ?Sales growth analysts expect over the next 12 months — an estimate, not a guarantee. 6.46%
Forward EPS Growth ?Earnings-per-share growth analysts expect over the next 12 months — an estimate, not a guarantee. 6.30%

Dividend

Dividend Yield ?Annual dividend divided by the current price: what percentage of your investment comes back as a payout each year. 2.15%
Dividend Per Share (TTM) ?Sum of dividends paid per share over the last 12 months. 4.00$
Payout Ratio ?Share of profit paid out as dividends. Over 100% means the company is paying out more than it earns — not sustainable long-term. 59.9%
Years Without a Cut ?How many years in a row the dividend hasn't been cut — a measure of reliability. 10Years
Increase Streak ?How many years in a row the dividend has been raised — the gold standard for dividend payers. 10Years

Quality & Screener

Stage ?Weinstein phases 1 through 4: 1 = basing, 2 = uptrend (the only buy phase), 3 = topping, 4 = downtrend. Measured against the 30-week line. 2
RS Rating ?Relative strength from 1 to 99: an RS of 95 means the stock has outperformed 95% of all stocks. 43
EPS Rating ?Earnings growth rating from 1 to 99 versus all stocks — high values mean above-average earnings growth. 20
Fundamental Rating ?Our own Fundamental Rating: 0 to 100 points with an A+ to F grade. 50 points is the average across the universe, 100 the best possible score. It scores growth, earnings surprises, analyst estimates, margins, cash flow, and balance-sheet safety — every stock percentile-ranked against all others. Grades: A+ from 95, A from 75, B from 55, C from 45, D from 25, E from 5, F below. B (55 out of 100)

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Comparison

Industry comparison

The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.

Industry: Specialty Chemicals

Industry comparison
Company Market cap ($B) P/E EV/EBITDA Gross Margin % EBIT Margin % Sales Growth (Year) % Perf. 1Y %
WD-40 Company WDFC 2.5 20.3 55.8 16.3 5.0 -8.5
Linde plc LIN 212.0 30.6 17.5 48.4 28.5 3.0 -3.2
Sherwin-Williams Co SHW 77.7 31.5 19.5 49.0 14.2 2.1 -7.5
Ecolab Inc ECL 76.7 37.6 21.6 44.2 16.9 2.2 3.5
Air Products and Chemicals Inc APD 64.1 30.2 48.8 32.1 23.6 -0.5 1.1
PPG Industries Inc PPG 23.5 15.3 10.4 41.2 13.7 0.2 -0.6
International Flavors & Fragrances Inc. IFF 21.7 26.8 59.0 36.6 10.1 -5.2 37.3
LyondellBasell Industries NV LYB 21.1 16.7 12.9 3.5 -25.2 27.6
Sociedad Quimica y Minera de Chile SA SQM 20.5 25.3 8.6 42.2 41.1 0.9 60.5
Median of companies shown 23.5 30.2 19.5 42.2 16.3 0.9 1.1

Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →

Fiscal years

Annual Figures

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

Revenue, operating income and net income per fiscal year $M

Revenue Operating income Net income

2016 · Revenue: 381 $M 2016 · Operating income: 71 $M 2016 · Net income: 53 $M 2017 · Revenue: 381 $M 2017 · Operating income: 76 $M 2017 · Net income: 53 $M 2018 · Revenue: 409 $M 2018 · Operating income: 79 $M 2018 · Net income: 65 $M 2019 · Revenue: 423 $M 2019 · Operating income: 82 $M 2019 · Net income: 56 $M 2020 · Revenue: 409 $M 2020 · Operating income: 77 $M 2020 · Net income: 61 $M 2021 · Revenue: 488 $M 2021 · Operating income: 89 $M 2021 · Net income: 70 $M 2022 · Revenue: 519 $M 2022 · Operating income: 87 $M 2022 · Net income: 67 $M 2023 · Revenue: 537 $M 2023 · Operating income: 90 $M 2023 · Net income: 66 $M 2024 · Revenue: 591 $M 2024 · Operating income: 96 $M 2024 · Net income: 70 $M 2025 · Revenue: 620 $M 2025 · Operating income: 104 $M 2025 · Net income: 91 $M
2016201720182019202020212022202320242025
Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 381 71 53 3.66 61 140 340
2017 381 76 53 3.75 52 139 370
2018 409 79 65 4.67 65 155 317
2019 423 82 56 4.04 63 145 303
2020 409 77 61 4.43 73 160 363
2021 488 89 70 5.11 85 200 430
2022 519 87 67 4.92 3 189 434
2023 537 90 66 4.85 98 210 438
2024 591 96 70 5.13 92 231 449
2025 620 104 91 6.71 88 268 476

Quarters

Quarterly Figures

Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.

These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.

The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 153.5 $M Q4 2025: Q1 · 146.1 $M Q1 2025: Q2 · 156.9 $M Q2 2025: Q3 · 163.5 $M Q3 2025: Q4 · 154.4 $M Q4 2026: Q1 · 161.7 $M Q1 2026: Q2 · 195.1 $M Q2

Source: fundamental data

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 1.39 8.30 154 9.30 12.30 15 14
2025: Q1 2.20 92.30 146 5.00 20.40 8 7
2025: Q2 1.55 5.80 157 1.20 13.40 35 34
2025: Q3 1.57 26.70 164 4.80 13.00 30 29
2025: Q4 1.29 -7.60 154 0.60 11.30 10 9
2026: Q1 1.50 -31.70 162 10.70 12.60 14 13
2026: Q2 2.24 44.50 195 24.30 15.50 31 29

What Do These Terms Mean?

EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Compare with other stocks →

Screening

Appears in These Scanners

This stock currently matches 10 of our scanner strategies — each hit links to the scanner.

Quality & Balance Sheet

Momentum & Trend

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners

Outlook

Analysts & Price Target

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Consensus Sell 1 = Strong buy … 5 = Strong sell
Analyst Ratings 2
Price Target (average) 271.67$
Distance to price 42.6% The price target sits 42.6% above the current price.

Distribution of Recommendations

Strong Buy 1
Buy 0
Hold 1
Sell 0
Strong Sell 0

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
08/31/2027 6.53 6.19 – 6.68 727 4.9% 5

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Valuation

What is priced in?

Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.

Today’s market value implies roughly 14.0% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).

What is priced in?
Free cash flow (last twelve months) $79.5M
Market cap $2.53B
Free cash flow in year ten $295.1M
Terminal value as a share of market value 61.5%

For comparison: over the past five years free cash flow grew by 9.3% per year.

It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.

A simplified model calculation — not a forecast and not a recommendation.

AI classification

AI Rating

Neutral

Geprüft am 10.07.2026 gegen die Geschäftsberichte (10-K) 2025 und 2024 sowie die Quartalsberichte (10-Q) Q1–Q3 GJ 2026 und Q3 GJ 2025: WD-40 ist ein Ein-Marken-Konsumgüterkonzern (Schmier- und Pflegeprodukte) ohne KI-Umsatzquelle, ohne dokumentierten operativen KI-Einsatz und ohne konkretes KI-Geschäftsrisiko für das eigene Modell. Der 10-K 2024 und alle vier ausgewerteten 10-Q enthalten null Treffer zu KI-Begriffen (artificial intelligence, machine learning, generative, large language). Die einzigen Fundstellen stehen im 10-K 2025, Item 1A, und sind beides Boilerplate: eine Personal-Floskel (künftiger Erfolg könnte zunehmend von KI-versierten Mitarbeitern abhängen, der Wettbewerb um diese sei intensiv) und eine Cybersecurity-Floskel (stärkere KI-Integration könnte Cyber- und Datenschutzrisiken erhöhen, Angreifer könnten KI-Werkzeuge nutzen). Kein „verkauft“, kein „bedroht“, kein „nutzt“ — daher neutral (Negativ-Befund dokumentiert).

View the full file — quotes, sources, reviewed filings
„In addition, our future success may increasingly depend on highly skilled employees with proficiency in working with artificial intelligence ("AI"), machine learning and other emerging technologies. Competition for these employees is intense and entities with more substantial resources may pursue this talent more aggressively."

Zudem könnte unser künftiger Erfolg zunehmend von hochqualifizierten Mitarbeitern abhängen, die im Umgang mit künstlicher Intelligenz („KI“), maschinellem Lernen und anderen neuen Technologien versiert sind. Der Wettbewerb um diese Mitarbeiter ist intensiv, und Organisationen mit größeren Ressourcen könnten diese Talente aggressiver umwerben.

10-K · 2025-10-27 · View SEC filing

„Increased integration of AI into our operations could significantly increase cybersecurity and privacy risks, including the risk of unauthorized or misuse of AI tools. In addition, threat actors may leverage these tools to attack our systems."

Eine stärkere Integration von KI in unsere Abläufe könnte Cybersicherheits- und Datenschutzrisiken erheblich erhöhen, einschließlich des Risikos unbefugter Nutzung oder des Missbrauchs von KI-Werkzeugen. Zudem könnten Angreifer diese Werkzeuge nutzen, um unsere Systeme anzugreifen.

10-K · 2025-10-27 · View SEC filing

Filings Reviewed: 10-Q 2026-07-09 · 10-Q 2026-04-09 · 10-Q 2026-01-08 · 10-Q 2025-07-10 · 10-K 2025-10-27 · 10-K 2024-10-21

Rated on July 10, 2026 · How the Rating Is Built

Earnings calls

What the Earnings Calls Reveal

Operationally, WD-40 delivers reliably: annual guidance for 2024 and 2025 was met, the 55 percent gross margin target arrived a year ahead of the promise, and in 2026-Q3 guidance for sales, operating income and earnings per share was raised. The issue lies elsewhere. Across the ten calls reviewed from 2024-Q2 to 2026-Q3, several targets were not achieved but replaced: the household portfolio sale announced in 2024-Q2 was called off in 2026-Q3 after slipping two fiscal years, the Specialist growth target was cut from above 15 to above 10 percent, and the long-standing 55/30/25 business model was retired without two of its three components ever being met on a full-year basis. Management did present each of these changes openly and with a stated reason, alongside the actual figure achieved. We therefore rate these calls as conspicuous, with no indication of concealment.

Red flags Targets repeatedly replaced 10 calls reviewed, 2024-Q2 through 2026-Q3 · As of August 3, 2026

Two years of sale talk, then cancelled

In 2024-Q2 management announced it would actively pursue a sale of the home care and cleaning brands in the US and the UK. In 2024-Q3 it said the sale would likely close during fiscal 2025, and in 2024-Q4 it narrowed that to the first half of fiscal 2025. From 2024-Q4 onward the entire annual guidance was presented pro forma excluding this business, for two consecutive fiscal years, 2025 and 2026. By 2025-Q4 only the UK portion had been sold, for up to 7.5 million US dollars. In 2026-Q3 management stopped the process: the Americas brands are no longer actively marketed, were reclassified as held for use and will be run as harvest brands with an expected gradual decline. The timeline was therefore missed by two fiscal years and ultimately abandoned. Nothing was withheld along the way: as early as 2024-Q2 management answered an analyst with 26 million US dollars of sales and a 41 to 42 percent gross margin for these brands, and from 2024-Q4 it quantified unprompted in every single call what a failed sale would be worth: first roughly 23 million US dollars in sales, 6 million in operating income and 0.33 US dollars per share, then from 2025-Q4 for the remaining Americas portion 12.5 million, 3.6 million and 0.20 US dollars. The uncertainty of the process was explicitly flagged in every call as well.

Growth target cut from 15 to 10 percent

From 2024-Q2 through 2025-Q3 management stated the same target for the WD-40 Specialist line in every single call: annual net sales growth of more than 15 percent. In 2025-Q4 the same slot in the script read more than 10 percent. The justification was a subordinate clause, that the line had matured and expectations had been recalibrated to its life cycle. In the same call the actual five-year growth rate was given as 14.4 percent and fiscal 2025 growth as 11 percent, so the old target had been missed and was then lowered. No analyst followed up. The premiumization target shows a similar picture, held throughout at more than 10 percent, while the five-year rate disclosed in 2025-Q4 was 9.4 percent and growth came in at 7 percent in fiscal 2025 and 4 percent in 2026-Q1. What counts here is less the cut itself than its direction: the target followed the result, not the other way round.

The business model was replaced, not achieved

The 55/30/25 model, meaning 55 percent gross margin, 30 to 35 percent cost of doing business and 20 to 25 percent adjusted EBITDA margin, was the yardstick in every call from 2024-Q2 to 2026-Q2. On a full-year basis only the gross margin was reached. Cost of doing business ran at 36 percent in fiscal 2024 and 37 percent in fiscal 2025, so inside no completed fiscal year; individual quarters did land in the band, 34 percent in 2024-Q3 and 34 percent again in 2026-Q3. Adjusted EBITDA margin was 17 percent (2024) and 18 percent (2025), but reached 23 percent in 2026-Q3. The working target had already been put at 20 to 22 percent over the medium term back in 2024-Q4, and from 2025-Q2 the 25 percent figure was explicitly framed as a long-term aspiration. In 2026-Q3 the model was retired: from fiscal 2027 an Enduring Business Model applies that carries no cost ratio at all and no percentage for the EBITDA margin, requiring only that EBITDA grow faster than net sales. Hard figures remain for gross margin (above 55 percent), return on invested capital (above 25 percent) and sales growth. The reason given was the decision to keep the household business. The timing remains notable: the switch came in the very quarter in which both previously missed metrics landed inside their target range for the first time.

The yardstick grew faster than the business

In 2024-Q4 management put the attainable global market for the core product at roughly 1.6 billion US dollars and the share already captured at 28 percent, adding that the underlying method had been used for close to 30 years and had proven remarkably accurate. In 2025-Q4 the same two figures read 1.9 billion US dollars and 25 percent. Core product sales had risen from 453 to 478 million US dollars in the meantime, yet the reported capture rate fell. For the Specialist range the benchmark was lifted at the same time from 605 to 665 million US dollars. The company did label the new values as an updated benchmark, but gave no reason for the increase. This is not a falsified number, but it makes the progress metric that leads every call since 2024-Q4 incomparable over time.

Total ERP cost never stated in ten calls

In 2024-Q3, 2024-Q4, 2025-Q1 and 2025-Q3 analysts kept asking the same thing: when does the outsized increase in administrative and systems costs stop? A total figure for the ERP programme never came in any of the ten calls. Only components were disclosed: roughly 10 million US dollars of capitalised first-wave cost amortised over ten years, plus non-capitalisable cost incurred over about four to four and a half years, and a normal capital expenditure frame of 1 to 2 percent of revenue. A direct question about the IT budget for 2023 through 2026 was answered by saying the individual years had not been disclosed. The directional guidance given did hold up, however: in 2024-Q4 the answer was that costs would not rise as steeply as the year before but would stay elevated; in 2025-Q3, asked about double-digit increases in fiscal 2026, management said double digits was not what it would guide to. Cost of doing business in fact rose 19 million US dollars or 9 percent in fiscal 2025, so stayed single digit, and in 2026-Q3 the cost ratio fell from 38 to 34 percent of net sales. What remains unanswered is only what the ERP rollout cost in total.

What was quantified was delivered

The hard numbers were met. Fiscal 2024 guidance called for 570 to 600 million US dollars in sales, a gross margin of 51.5 to 53 percent and earnings per share of 5.00 to 5.30 US dollars; the company delivered 583 million, 53.4 percent and 5.11 US dollars. For fiscal 2025 sales of 603 million US dollars, operating income of 98.1 million and earnings per share of 5.50 US dollars all landed inside the ranges or above, and the 55 percent gross margin target promised in 2024-Q2 for end of fiscal 2026 at the latest was reached already in 2025. For fiscal 2026 management raised guidance in 2026-Q3: sales, operating income and earnings per share sit at or above the top of the original ranges even after stripping out the reinstated household business, with only gross margin cut. Two quantified pledges faded more quietly: management put additional Brazil growth for fiscal 2025 at 7 to 9 million US dollars, a figure never reconciled against the pledge after 2025-Q2. And the climate targets published in 2025-Q1, a 50 percent absolute cut in Scope 1 and Scope 2 emissions by 2030, were not mentioned again in any of the six following calls.

Management promises

  • 2024-Q3 — The sale of the US and UK home care and cleaning brands will likely be completed during fiscal 2025; narrowed in 2024-Q4 to the first half of fiscal 2025. The UK portion was not sold until August 2025, the final month of fiscal 2025 rather than the first half. The Americas business was not sold at all: in 2026-Q3 it was pulled from the process and reclassified as held for use. Two fiscal years of guidance rested on an assumption that never materialised. In management's favour, the timeline was always phrased as likely, the uncertainty was explicitly flagged in every call, and the earnings impact of a failure was quantified throughout. broken
  • 2024-Q2 — Gross margin will return to 55 percent by the end of fiscal 2026 at the latest. The target was hit a year early, in fiscal 2025, at 55.1 percent, or 55.6 percent excluding the assets held for sale. The pull-forward was flagged in 2025-Q2, confirmed in 2025-Q3 and delivered in 2025-Q4. It is the cleanest case of target achievement in the whole period. kept
  • 2024-Q4 — For fiscal 2025 the company guided to 600 to 630 million US dollars in pro forma sales, 95 to 100 million US dollars operating income and earnings per share of 5.20 to 5.45 US dollars. Delivered were 603 million US dollars in sales, 98.1 million in operating income and 5.50 US dollars per share. Sales landed at the bottom of the range and growth of 6 percent at the bottom of the 6 to 11 percent corridor. Operating income and earnings per share were in range or above. kept
  • 2025-Q1 — Brazil will deliver a further 7 to 9 million US dollars of sales growth in fiscal 2025, after 7 million in fiscal 2024. 2025-Q1 showed 3.1 million US dollars and 2025-Q2 another 3.4 million from the model change, so 6.5 million in the first half alone. After that the individual figure vanished from reporting: 2025-Q3 only said solid growth in Brazil had offset declines elsewhere, and the 2025-Q4 year-end call reported Latin America up 12 percent for the full year with a down fourth quarter. There is therefore no evidence the pledge was missed, but no explicit reconciliation against it either. open
  • 2025-Q4 — Gross margin will stay above 55 percent in fiscal 2026 as well; guidance was 55.5 to 56.5 percent. In 2026-Q3 the range was cut to 54 to 55.5 percent, so its upper end equals the old lower end. The reason given was 40 basis points from reclassifying the household business plus 60 basis points of higher input costs after the oil price spike. The fiscal year was not yet closed at the time of the call; the midpoint of the new range sits below 55 percent. open
  • 2026-Q1 — The company is highly confident of delivering results at the mid to high end of every fiscal 2026 guidance range. In 2026-Q2 the statement was qualified: only the top line was still expected at the mid to high end, the metrics below it merely within their range. The reason given was a crude oil assumption of 95 to 115 US dollars a barrel instead of the earlier 65 to 85. In 2026-Q3 management then raised guidance: sales, operating income and earnings per share all sit at or above the top of the original ranges even after stripping out the roughly 12 million US dollars of sales, 2.9 million of operating income and 0.17 US dollars per share from the reinstated household business. So far only gross margin has been missed. The fiscal year is not yet closed. open

Based on public earnings call transcripts. Reviewed: 10 transcripts 2024-Q2 through 2026-Q3.

Growth

Growth Score

Ten checks against the annual reports — each one passed counts a point.

6 of 10 Solid growth
  • Revenue grows by more than 15% a year over three years 6.1%
  • More than 10% revenue growth is expected for the coming year 6.5%
  • Share count grows by less than 3% a year -0.3%
  • Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 18.4%
  • Gross margin at 40% or higher and without meaningful erosion 55.1%
  • Goodwill from acquisitions does not grow faster than revenue 20.4%
  • Net debt below twice EBITDA 0.4 x EBITDA
  • Operating cash flow covers the profits of the last three years 52 m
  • Return on capital at 15% or higher, or up versus two years ago 27.8%
  • Insiders hold at least 10% or are net buyers 0.8%

A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail

Quality check

AAQS

7/10

The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).

  • Sales growth 10Y > 5% 5.6%
  • Exp. sales growth 3Y > 5% 17.3%
  • EBIT growth 10Y > 5% 4.3%
  • Exp. EBIT growth 3Y > 5% -2.6%
  • Net debt < 4x EBIT 0.4x
  • EBIT positive, 10Y straight 10
  • Max. EBIT decline < 50% 6.3%
  • Return on equity > 15% 54.0%
  • ROCE > 15% 27.8%
  • Expected return > 10% 0.6%

View stocks with the full AAQS score · Read the methodology at AlleAktien

Source: fundamental data

Insiders

Insider Transactions

Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.

Insider Transactions
Date Person Role Type Shares Price Value
Aug 13, 2026 Olsem Patricia Q Division President, Americas Sell 200 234.72 46,944
Aug 10, 2026 Olsem Patricia Q Division President, Americas Sell 300 233.73 70,119

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The company

About the Company

WD-40 Company befasst sich mit der Bereitstellung von Wartungsprodukten sowie Haushaltspflege- und Reinigungsprodukten in Nordamerika, Mittel- und Südamerika, Asien, Australien, Europa, Indien, dem Nahen Osten und Afrika. Das Unternehmen bietet Mehrzweck-Wartungsprodukte, darunter Aerosolsprays, Nicht-Aeros…

CEO Insider Trades (12 Mo.)
buying own stock
Employees
714
Headquarters
San Diego, CA
Address
9715 Businesspark Avenue, 92131 San Diego, United States
Phone
619 275 1400
IPO Date
03/26/1990
ISIN
US9292361071
Stock Split
2:1 on 08/01/1997
Stock Split
3:1 on 05/02/1983
Stock Split
2:1 on 10/03/1978

Management

Management
Name Title Birth Year
Steven A. Brass CEO, President & Director 1966
Sara K. Hyzer C.P.A. CFO, VP of Finance & Treasurer 1979
Jeffrey G. Lindeman VP and Chief People, Culture & Capability Officer 1964
William B. Noble Group Managing Director of EIMEA & Emerging Markets 1958
Patricia Q. Olsem Divisional President of The Americas 1967
Nicholas D. Giordano Chief Accounting & Principal Accounting Officer, VP and Corporate Controller 1989
Wendy D. Kelley Director of Investor Relations & Corporate Communications
Phenix Quach Kiamilev J.D. VP, General Counsel, Chief Compliance Officer & Corporate Secretary 1979
Christophe Paul Cloez Managing Director for EIMEA
Rae Ann Partlo VP & Corporate Controller 1965

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Filings

Company Filings (8-K)

An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).

  • 09/03/2026 WD 40 CO (WDFC): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
  • 07/09/2026 WD 40 CO (WDFC): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗

Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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