WD-40 (WDFC)
Market Price (8/25/2026): $214.65 | Market Cap: $2.9 BilSector: Consumer Staples | Industry: Household Products
WD-40 (WDFC)
Market Price (8/25/2026): $214.65Market Cap: $2.9 BilSector: Consumer StaplesIndustry: Household Products
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% Low stock price volatilityVol 12M is 31% Megatrend and thematic driversMegatrends include Advanced Materials. Themes include Specialty Chemicals for Performance. | Weak multi-year price returns2Y Excs Rtn is -48%, 3Y Excs Rtn is -70% | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 34x Key risksWDFC key risks include [1] significant exposure to foreign currency fluctuations due to the majority of its revenue being generated internationally. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Advanced Materials. Themes include Specialty Chemicals for Performance. |
| Weak multi-year price returns2Y Excs Rtn is -48%, 3Y Excs Rtn is -70% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 34x |
| Key risksWDFC key risks include [1] significant exposure to foreign currency fluctuations due to the majority of its revenue being generated internationally. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/20/2026
WD-40 (WDFC) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Performance and Guidance Raise Fueled Initial Rally.
WD-40 (whose fiscal year ends August 31) reported its fiscal Q3 2026 results (for the period ending May 31, 2026) on July 9, 2026, significantly exceeding analyst expectations. The company announced diluted earnings per share (EPS) of $2.33, handily beating consensus estimates of $1.57 to $1.58. Additionally, quarterly net sales surged by 24.3% year-over-year to $195.12 million, surpassing the estimated $172.79 million. This strong performance, driven by double-digit growth across all three trade blocs, led to a substantial increase in the stock price, with WDFC trending up by over 10% on July 10, 2026, and reaching an intraday high of $277. Following these results, management also updated its full fiscal year 2026 guidance, projecting reported net sales between $675 million and $690 million, representing 10% to 12% growth, and non-GAAP diluted EPS between $6.05 and $6.35.
2. Positive Analyst Sentiment and Price Target Revisions Provided Upward Support.
In response to the strong fiscal Q3 2026 earnings beat, several brokerage firms reiterated or upgraded their ratings and increased price targets for WD-40. For instance, DA Davidson raised its price target on WDFC to $305 from $270 while maintaining a "Buy" rating. Overall, the company garnered a consensus "Buy" rating from six brokerages, with an average 12-month price target of $305 against a recent price of $234.93 (as of August 10, 2026). This positive analyst commentary and optimistic outlook contributed to investor confidence and the stock's upward momentum after the earnings release.
Show more
WD-40 (WDFC) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Performance and Guidance Raise Fueled Initial Rally.
WD-40 (whose fiscal year ends August 31) reported its fiscal Q3 2026 results (for the period ending May 31, 2026) on July 9, 2026, significantly exceeding analyst expectations. The company announced diluted earnings per share (EPS) of $2.33, handily beating consensus estimates of $1.57 to $1.58. Additionally, quarterly net sales surged by 24.3% year-over-year to $195.12 million, surpassing the estimated $172.79 million. This strong performance, driven by double-digit growth across all three trade blocs, led to a substantial increase in the stock price, with WDFC trending up by over 10% on July 10, 2026, and reaching an intraday high of $277. Following these results, management also updated its full fiscal year 2026 guidance, projecting reported net sales between $675 million and $690 million, representing 10% to 12% growth, and non-GAAP diluted EPS between $6.05 and $6.35.
2. Positive Analyst Sentiment and Price Target Revisions Provided Upward Support.
In response to the strong fiscal Q3 2026 earnings beat, several brokerage firms reiterated or upgraded their ratings and increased price targets for WD-40. For instance, DA Davidson raised its price target on WDFC to $305 from $270 while maintaining a "Buy" rating. Overall, the company garnered a consensus "Buy" rating from six brokerages, with an average 12-month price target of $305 against a recent price of $234.93 (as of August 10, 2026). This positive analyst commentary and optimistic outlook contributed to investor confidence and the stock's upward momentum after the earnings release.
Show more
Updated on 8/20/2026
WD-40 (WDFC) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Performance and Guidance Raise Fueled Initial Rally.
WD-40 (whose fiscal year ends August 31) reported its fiscal Q3 2026 results (for the period ending May 31, 2026) on July 9, 2026, significantly exceeding analyst expectations. The company announced diluted earnings per share (EPS) of $2.33, handily beating consensus estimates of $1.57 to $1.58. Additionally, quarterly net sales surged by 24.3% year-over-year to $195.12 million, surpassing the estimated $172.79 million. This strong performance, driven by double-digit growth across all three trade blocs, led to a substantial increase in the stock price, with WDFC trending up by over 10% on July 10, 2026, and reaching an intraday high of $277. Following these results, management also updated its full fiscal year 2026 guidance, projecting reported net sales between $675 million and $690 million, representing 10% to 12% growth, and non-GAAP diluted EPS between $6.05 and $6.35.
2. Positive Analyst Sentiment and Price Target Revisions Provided Upward Support.
In response to the strong fiscal Q3 2026 earnings beat, several brokerage firms reiterated or upgraded their ratings and increased price targets for WD-40. For instance, DA Davidson raised its price target on WDFC to $305 from $270 while maintaining a "Buy" rating. Overall, the company garnered a consensus "Buy" rating from six brokerages, with an average 12-month price target of $305 against a recent price of $234.93 (as of August 10, 2026). This positive analyst commentary and optimistic outlook contributed to investor confidence and the stock's upward momentum after the earnings release.
3. Concerns Over Rising Input Costs and Moderated Guidance Created Downward Pressure.
Despite the robust Q3 2026 results, the company and analysts expressed caution regarding future profitability. Higher input costs, particularly rising oil prices which constitute approximately 32% of WD-40's input expenses, were anticipated to impact results in fiscal Q4 2026. The company's full-year guidance raise, while positive, was less than the magnitude of the Q3 beat, implying some moderation in the current quarter's performance. These concerns likely contributed to the stock's retreat from its post-earnings peak, as investors factored in potential margin pressures.
4. Market Valuation and "Sell" Signals Contributed to Price Correction.
Following its post-earnings surge, WD-40's stock price experienced a correction, returning closer to its pre-earnings levels. By August 14, 2026, StockInvest.us rated WDFC as a "Sell Candidate" with a technical score of -3.32, noting sell signals from both short and long-term Moving Averages, and a 13.46% fall from a pivot top point on July 10, 2026, until July 23, 2026, when a sell signal was issued. On August 20, 2026, the shares fell 4.8% to $212.18. While still considered undervalued by some metrics, the stock's P/E ratio of 32.2x (trailing twelve months) was below its 5-year median of 40.8x, suggesting it was trading at a discount compared to its historical valuation, potentially indicating a prior overvaluation or a recalibration by the market after the initial euphoria.
Show less
WD-40 (WDFC) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Performance and Guidance Raise Fueled Initial Rally.
WD-40 (whose fiscal year ends August 31) reported its fiscal Q3 2026 results (for the period ending May 31, 2026) on July 9, 2026, significantly exceeding analyst expectations. The company announced diluted earnings per share (EPS) of $2.33, handily beating consensus estimates of $1.57 to $1.58. Additionally, quarterly net sales surged by 24.3% year-over-year to $195.12 million, surpassing the estimated $172.79 million. This strong performance, driven by double-digit growth across all three trade blocs, led to a substantial increase in the stock price, with WDFC trending up by over 10% on July 10, 2026, and reaching an intraday high of $277. Following these results, management also updated its full fiscal year 2026 guidance, projecting reported net sales between $675 million and $690 million, representing 10% to 12% growth, and non-GAAP diluted EPS between $6.05 and $6.35.
2. Positive Analyst Sentiment and Price Target Revisions Provided Upward Support.
In response to the strong fiscal Q3 2026 earnings beat, several brokerage firms reiterated or upgraded their ratings and increased price targets for WD-40. For instance, DA Davidson raised its price target on WDFC to $305 from $270 while maintaining a "Buy" rating. Overall, the company garnered a consensus "Buy" rating from six brokerages, with an average 12-month price target of $305 against a recent price of $234.93 (as of August 10, 2026). This positive analyst commentary and optimistic outlook contributed to investor confidence and the stock's upward momentum after the earnings release.
3. Concerns Over Rising Input Costs and Moderated Guidance Created Downward Pressure.
Despite the robust Q3 2026 results, the company and analysts expressed caution regarding future profitability. Higher input costs, particularly rising oil prices which constitute approximately 32% of WD-40's input expenses, were anticipated to impact results in fiscal Q4 2026. The company's full-year guidance raise, while positive, was less than the magnitude of the Q3 beat, implying some moderation in the current quarter's performance. These concerns likely contributed to the stock's retreat from its post-earnings peak, as investors factored in potential margin pressures.
4. Market Valuation and "Sell" Signals Contributed to Price Correction.
Following its post-earnings surge, WD-40's stock price experienced a correction, returning closer to its pre-earnings levels. By August 14, 2026, StockInvest.us rated WDFC as a "Sell Candidate" with a technical score of -3.32, noting sell signals from both short and long-term Moving Averages, and a 13.46% fall from a pivot top point on July 10, 2026, until July 23, 2026, when a sell signal was issued. On August 20, 2026, the shares fell 4.8% to $212.18. While still considered undervalued by some metrics, the stock's P/E ratio of 32.2x (trailing twelve months) was below its 5-year median of 40.8x, suggesting it was trading at a discount compared to its historical valuation, potentially indicating a prior overvaluation or a recalibration by the market after the initial euphoria.
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Stock Movement Drivers
Fundamental Drivers
The 3.2% change in WDFC stock from 4/30/2026 to 8/24/2026 was primarily driven by a 6.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302026 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 209.12 | 215.89 | 3.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 636 | 675 | 6.0% |
| Net Income Margin (%) | 12.6% | 13.2% | 5.2% |
| P/E Multiple | 35.3 | 32.5 | -7.7% |
| Shares Outstanding (Mil) | 13 | 13 | 0.2% |
| Cumulative Contribution | 3.2% |
Market Drivers
4/30/2026 to 8/24/2026| Return | Correlation | |
|---|---|---|
| WDFC | 3.2% | |
| Market (SPY) | 6.2% | 16.9% |
| Sector (XLP) | 3.7% | 35.7% |
Fundamental Drivers
The -5.8% change in WDFC stock from 1/31/2026 to 8/24/2026 was primarily driven by a -8.3% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 229.16 | 215.89 | -5.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 621 | 675 | 8.7% |
| Net Income Margin (%) | 14.4% | 13.2% | -8.3% |
| P/E Multiple | 34.6 | 32.5 | -6.0% |
| Shares Outstanding (Mil) | 14 | 13 | 0.5% |
| Cumulative Contribution | -5.8% |
Market Drivers
1/31/2026 to 8/24/2026| Return | Correlation | |
|---|---|---|
| WDFC | -5.8% | |
| Market (SPY) | 10.6% | 13.3% |
| Sector (XLP) | 5.3% | 34.1% |
Fundamental Drivers
The 2.6% change in WDFC stock from 7/31/2025 to 8/24/2026 was primarily driven by a 10.2% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312025 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 210.40 | 215.89 | 2.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 613 | 675 | 10.2% |
| Net Income Margin (%) | 14.1% | 13.2% | -6.4% |
| P/E Multiple | 32.9 | 32.5 | -1.2% |
| Shares Outstanding (Mil) | 14 | 13 | 0.7% |
| Cumulative Contribution | 2.6% |
Market Drivers
7/31/2025 to 8/24/2026| Return | Correlation | |
|---|---|---|
| WDFC | 2.6% | |
| Market (SPY) | 21.8% | 6.8% |
| Sector (XLP) | 11.9% | 37.7% |
Fundamental Drivers
The -1.2% change in WDFC stock from 7/31/2023 to 8/24/2026 was primarily driven by a -29.5% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8242026 | Change |
|---|---|---|---|
| Stock Price ($) | 218.45 | 215.89 | -1.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 527 | 675 | 28.0% |
| Net Income Margin (%) | 12.2% | 13.2% | 8.6% |
| P/E Multiple | 46.2 | 32.5 | -29.5% |
| Shares Outstanding (Mil) | 14 | 13 | 0.9% |
| Cumulative Contribution | -1.2% |
Market Drivers
7/31/2023 to 8/24/2026| Return | Correlation | |
|---|---|---|
| WDFC | -1.2% | |
| Market (SPY) | 72.7% | 16.7% |
| Sector (XLP) | 24.4% | 34.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WDFC Return | -7% | -33% | 51% | 3% | -17% | 12% | -11% |
| Peers Return | 8% | -13% | 5% | 19% | -7% | 12% | 23% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| WDFC Win Rate | 33% | 42% | 50% | 50% | 50% | 50% | |
| Peers Win Rate | 57% | 42% | 50% | 63% | 40% | 65% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| WDFC Max Drawdown | -36% | -41% | -14% | -22% | -24% | -22% | |
| Peers Max Drawdown | -16% | -28% | -21% | -14% | -24% | -20% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CLX, MMM, ITW, PG, CL. See WDFC Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/24/2026 (YTD)
How Low Can It Go
| Event | WDFC | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -12.2% | -9.5% |
| % Gain to Breakeven | 13.9% | 10.5% |
| Time to Breakeven | 56 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -38.1% | -24.5% |
| % Gain to Breakeven | 61.5% | 32.4% |
| Time to Breakeven | 394 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -18.5% | -33.7% |
| % Gain to Breakeven | 22.6% | 50.9% |
| Time to Breakeven | 44 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -22.6% | -17.9% |
| % Gain to Breakeven | 29.1% | 21.8% |
| Time to Breakeven | 32 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -12.5% | -15.4% |
| % Gain to Breakeven | 14.3% | 18.2% |
| Time to Breakeven | 32 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -42.3% | -53.4% |
| % Gain to Breakeven | 73.3% | 114.4% |
| Time to Breakeven | 408 days | 1085 days |
In The Past
WD-40's stock fell -6.6% during the 2025 US Tariff Shock. Such a loss loss requires a 7.1% gain to breakeven.
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| Event | WDFC | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -38.1% | -24.5% |
| % Gain to Breakeven | 61.5% | 32.4% |
| Time to Breakeven | 394 days | 427 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -22.6% | -17.9% |
| % Gain to Breakeven | 29.1% | 21.8% |
| Time to Breakeven | 32 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -42.3% | -53.4% |
| % Gain to Breakeven | 73.3% | 114.4% |
| Time to Breakeven | 408 days | 1085 days |
In The Past
WD-40's stock fell -6.6% during the 2025 US Tariff Shock. Such a loss loss requires a 7.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About WD-40 (WDFC)
WD-40 Company (WDFC) is a global manufacturer and seller of maintenance, homecare, and cleaning products. The company is best known for its iconic WD-40 Multi-Use Product, a multi-purpose aerosol spray, alongside a range of specialized maintenance solutions under brands like WD-40 Specialist, 3-IN-ONE, and GT85, which cater to various needs from lubrication to rust removal.
Beyond its core maintenance offerings, WD-40 diversifies its product portfolio with several prominent homecare and cleaning brands. These include automatic toilet bowl cleaners such as 2000 Flushes and X-14, carpet stain and odor eliminators like Spot Shot and Carpet Fresh, and heavy-duty hand cleaners under the Lava and Solvol brand names. This diverse product range appeals to both professional and household consumers.
The company serves a broad customer base across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. It distributes its products through an extensive network of retail channels, including hardware stores, automotive parts outlets, mass retailers, home center stores, grocery stores, warehouse clubs, industrial distributors, and online retailers, making its products widely accessible to various markets globally.
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Here are a few analogies for WD-40 Company (WDFC):
- It's like Clorox, but instead of bleach, their most iconic product is a multi-purpose lubricant, alongside various household cleaning brands.
- Imagine a smaller, more specialized version of Procter & Gamble, focusing on iconic maintenance sprays and various household cleaning solutions.
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- WD-40 Multi-Use: A line of multi-purpose maintenance products available in various forms like aerosol sprays and liquid-bulk.
- WD-40 Specialist: Specialty maintenance products including penetrants, degreasers, corrosion inhibitors, greases, and rust removers.
- WD-40 Bike: A brand encompassing various professional spray maintenance products and lubricants designed for the bike market.
- 3-IN-ONE: Multi-purpose and specialty drip oils and spray lubricant products.
- GT85: Professional spray maintenance products and lubricants specifically for the bike market.
- 2000 Flushes: Automatic toilet bowl cleaners.
- Spot Shot: Aerosol and liquid trigger carpet stain and odor eliminators.
- Carpet Fresh: Room and rug deodorizers.
- 1001: Carpet and household cleaners, and rug and room deodorizers.
- Lava: Heavy-duty hand cleaner products sold in the United States.
- Solvol: Heavy-duty hand cleaner products sold in Australia.
- X-14: Automatic toilet bowl cleaners.
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WD-40 Company (WDFC) sells its products primarily to other companies that act as retailers and distributors. These companies then sell WD-40 products to individual consumers and businesses.
Based on the provided description, major categories of customers and examples of prominent public companies within those categories include:
- Mass Retailers & Warehouse Clubs:
- Walmart Inc. (WMT)
- Target Corporation (TGT)
- Costco Wholesale Corporation (COST)
- Amazon.com, Inc. (AMZN)
- Home Improvement & Hardware Stores:
- The Home Depot, Inc. (HD)
- Lowe's Companies, Inc. (LOW)
- Automotive Parts Retailers:
- AutoZone, Inc. (AZO)
- O'Reilly Automotive, Inc. (ORLY)
- Industrial Distributors & Suppliers:
- W.W. Grainger, Inc. (GWW)
- Farm Supply Retailers:
- Tractor Supply Company (TSCO)
- Grocery Stores:
- The Kroger Co. (KR)
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Steve Brass, President, Chief Executive Officer & Director
Steve Brass became President and Chief Executive Officer of WD-40 Company effective September 1, 2022. He joined the company in 1991 and has held various management positions, including division president for the Americas and chief brand officer, European commercial director, European sales director, director of continental Europe, country manager Germany, and international area manager. Prior to his CEO role, he served as President and Chief Operating Officer starting in 2019. A native of the United Kingdom, he holds a bachelor's degree in French and German, and an executive MBA from the London Business School. Brass is passionate about the power of learning, building a global business, and leveraging culture as a competitive advantage.
Sara Hyzer, Vice President, Finance, Treasurer and Chief Financial Officer
Sara Hyzer was appointed Chief Financial Officer of WD-40 Company, effective November 1, 2022. Before assuming the CFO role, she served as vice president, global finance strategy at WD-40 Company. She joined the company in 2021. Prior to her time at WD-40 Company, Ms. Hyzer spent over 20 years at PricewaterhouseCoopers LLP, where she served as an audit partner for six years, working with both publicly traded and privately held companies across various industries, including consumer products and life sciences. She is a Certified Public Accountant in California and holds a Bachelor of Science in Accounting from Colorado State University.
Garry Ridge, Chairman Emeritus & Strategic Advisor
Garry Ridge served as the Chairman and Chief Executive Officer of WD-40 Company for 25 years, from 1997 until his retirement as CEO on August 31, 2022. He joined the company in 1987 and held various management positions, including executive vice president and chief operating officer, and vice president of international. Ridge is widely recognized for developing and implementing a "people-first" or "tribe" organizational culture at WD-40 Company and led the global expansion of the WD-40® Brand to over 176 countries. He co-authored the book "Helping People Win at Work: A Business Philosophy called 'Don't Mark My Paper, Help Me Get an A'" with Ken Blanchard. He also serves as an adjunct professor at the University of San Diego, teaching leadership development and talent management.
Patricia Olsem, Division President, Americas
Patricia Olsem holds the title of Division President, Americas, and Senior Vice President of USA Brand Management and Americas Innovation for the WD-40 Company. She is responsible for all aspects of the business and long-range strategic plans for the Americas Trading Bloc, which includes Canada and Latin America. Ms. Olsem has over 20 years of experience in marketing and innovation for Consumer Packaged Goods (CPG) companies in New York, New Jersey, and Southern California. She earned a Master of Science in Executive Leadership from the University of San Diego in 2016 and an undergraduate degree in Marketing and Business Administration from King's College.
Phenix Q. Kiamilev, Vice President, General Counsel And Corporate Secretary
Phenix Q. Kiamilev serves as the Vice President, General Counsel, and Corporate Secretary for the WD-40 Company.
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Key Risks to WD-40 Company (WDFC)
- Over-reliance on Flagship Product and Intense Competitive Pressure: WD-40 Company faces a significant strategic risk due to its substantial reliance on the WD-40 Multi-Use Product, which constitutes a large portion of its total net sales. While the company has diversified with lines like WD-40 Specialist, over-reliance on a single flagship product could pose risks if market dynamics shift. The market for maintenance and cleaning products is highly competitive, with numerous players including industrial giants and private labels vying for market share, necessitating continuous innovation and differentiation to maintain its competitive edge.
- Volatility in Input Costs, Supply Chain Disruptions, and Foreign Currency Fluctuations: The company's profitability is sensitive to external factors such as commodity price volatility, particularly for petroleum-based products and aerosol can costs. Supply chain disruptions and increased freight costs also pose operational challenges that can erode profit margins. Furthermore, with a global operational footprint, WD-40 is exposed to significant foreign currency exchange rate risks, where fluctuations can unfavorably impact reported sales and profits.
- Economic Fluctuations, Increased Operating Expenses, and Regulatory Changes: Economic downturns can lead to reduced consumer spending, especially on non-essential goods, thereby affecting WD-40's sales and profitability. The company has also experienced rising operating expenses, including higher employee-related expenses and increased freight costs, which challenge its ability to maintain profitability margins. Additionally, WD-40 operates in a regulatory environment subject to changes, such as stricter environmental regulations (e.g., Volatile Organic Compound or VOC regulations), which can impose cost pressures and compliance burdens.
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The addressable markets for WD-40 Company's main products and services encompass several significant global and regional segments, primarily divided into maintenance products and homecare/cleaning products.
For their **multi-purpose and specialty maintenance products**, which include lubricants, penetrants, degreasers, corrosion inhibitors, and rust removers (under brands like WD-40 Multi-Use, WD-40 Specialist, 3-IN-ONE, and GT85):
- The global lubricant and grease market was estimated at USD 128.2 billion in 2024 and is projected to reach USD 181.72 billion by 2035. North America is expected to hold the largest market share in this category, with a valuation of USD 40.23 billion in 2023, followed by Europe at USD 32.11 billion. Asia-Pacific is projected to exhibit the highest Compound Annual Growth Rate (CAGR) of 4.12% during the forecast period.
- More specifically, the global grease market size was valued at USD 6.85 billion in 2025 and is projected to grow to USD 10.39 billion by 2034. Asia Pacific dominated the grease market with a 44.60% share in 2025.
- The global industrial cleaning chemicals market was valued at USD 60.9 billion in 2024 and is expected to reach USD 98.6 billion by 2033. North America dominated this market in 2023 with a 39.1% market share.
- The global automotive lubricants market was estimated at USD 72.05 billion in 2022 and is expected to grow to USD 94.87 billion by 2030. The Asia Pacific region dominated this market with a revenue share of 57.2% in 2022.
- The market for automotive maintenance chemicals is projected to reach approximately USD 25 billion in 2025.
- The global household cleaning products market was valued at USD 282.28 billion in 2025 and is projected to reach USD 413.57 billion by 2034. Asia Pacific held the largest market share of 36.70% in 2025. The U.S. household cleaning products market is projected to reach an estimated value of USD 85.22 billion by 2032.
- The global toilet cleaner market reached USD 22.1 billion in 2024. Asia-Pacific led the market in terms of volume, with 1.4 billion units sold in 2024, representing 28% of global volume. North America consumed approximately 2.3 billion units in 2024, and Europe consumed about 2.8 billion units. The global toilet care market is poised for a significant increase of USD 2.9 billion between 2025 and 2029.
- The global carpet cleaner market size was valued at USD 700.6 million in 2025 and is expected to reach USD 1,133.6 million by 2034. North America dominates the global carpet cleaner market. Another report valued the global carpet cleaning products market size at USD 1.81 billion in 2023.
- The global hand wash market was valued at USD 4.43 billion in 2025 and is projected to grow to USD 8.52 billion by 2034. Asia Pacific dominated this market with a 31.42% share in 2025. The global liquid hand soap market size reached USD 47.70 billion in 2024 and is projected to surpass around USD 712.17 billion by 2034.
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WD-40 Company (WDFC) is expected to drive future revenue growth over the next two to three years through several strategic initiatives and market dynamics:
- Accelerated Growth in Maintenance Products, particularly the WD-40 Specialist Line: WD-40's "Must-Win Battles" strategy emphasizes accelerating revenue growth in maintenance products. The WD-40 Specialist line, a key component of this strategy, demonstrated an 18% global sales increase in Q1 FY26 and has a targeted compound annual growth rate (CAGR) of greater than 15% in reported currency. This product line has shown particularly strong performance in the Europe, India, Middle East, and Africa (EIMEA) region.
- Geographic Expansion and Direct Market Penetration: The company is focused on expanding its global footprint and enhancing its direct market sales. Direct markets contributed 83% of global sales in Q1 FY26 and grew by 8%, aligning with long-term targets. Notable strength was observed in regions such as Latin America (up 12% in Q1 FY26 for the Americas segment) and the EIMEA segment. A strategic move in this direction was the acquisition of its Brazilian marketing distributor in fiscal year 2024, transitioning to a direct-to-retail model.
- Premiumization of Product Portfolio: WD-40 is pursuing a premiumization strategy, focusing on elevating its product offerings with innovations such as WD-40 Smart Straw and EZ-REACH. These premium products collectively saw sales growth of 4% globally in Q1 FY26.
- Growth in E-commerce Sales Channel: The company has identified e-commerce as a significant growth area, with sales through this channel increasing by 22% in the first quarter of fiscal year 2026.
AI Analysis | Feedback
Here is a summary of WD-40 Company's capital allocation decisions over the last 3-5 years:
Share Repurchases
- On June 19, 2023, the board of directors approved a $50 million share repurchase plan, which became effective on September 1, 2023.
- During fiscal year 2025 (ended August 31, 2025), the Company repurchased 50,250 shares at a total cost of $12.3 million under this plan.
- As of August 31, 2025, $29.6 million remained available for future repurchases under the current authorization, and management intends to fully utilize this remaining authorization.
- The company repurchased common stock worth $33.62 million in fiscal year 2024 and $3.67 million in fiscal year 2023.
Capital Expenditures
- WD-40 Company reported capital expenditures of $4.772 million for the last twelve months (LTM).
- Annual capital expenditures were $6.87 million in fiscal year 2025, $8.3 million in fiscal year 2024, and $15.06 million in fiscal year 2023.
- The company operates with a "capital-light, efficient business model" which contributes to strong cash flow generation.
Peer Outperformance in Household Products
WDFC has outperformed 61% of its 18 Household Products peers over 5Y. Among the peers that beat it is IPAR. Household Products ranks 8th of 12 industries in Consumer Staples by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Household Products constituents that WDFC has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
47%
of 19 industry peers · -1.2% return
3Y
61%
of 18 industry peers · 3.2% return
5Y
61%
of 18 industry peers · 0.8% return
Household Products peers with revenue growth within 4pp of WDFC's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| WDFC | WD-40 | 8.6% | 32.5x | -1.2% | 3.2% | 0.8% | — |
| IPAR | Interparfums | 7.5% | 22.3x | 4.0% | -6.4% | 79.2% | +78pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Staples sector, ranked by 5Y. Household Products is WDFC's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Consumer Staples Merchandise Retail | 12 | 6.4% | 53.9% | 56.6% | NGVC 187% · VLGEA 143% · WMT 128% |
| Tobacco | 6 | -15.3% | 15.4% | 50.4% | PM 139% · MO 107% · TPB 76% |
| Food Retail | 6 | -13.1% | 76.9% | 41.5% | CASY 331% · SFM 253% · KR 44% |
| Soft Drinks & Non-alcoholic Beverages | 12 | -4.6% | -10.5% | 26.2% | COKE 409% · BRFH 215% · CCHGY 116% |
| Food Distributors | 9 | 3.8% | 34.3% | 20.9% | CHEF 280% · USFD 221% · ANDE 132% |
| Brewers | 3 | -15.1% | -24.2% | 5.4% | BUD 40% · TAP 5% · SAM -68% |
| Agricultural Products & Services | 11 | 5.2% | -1.1% | -17.1% | BG 65% · ADM 49% · INGR 39% |
| Household Products ← | 19 | 1.4% | -2.7% | -22.5% | IPAR 79% · ACU 74% · CL 34% |
| Personal Care Products | 4 | -5.8% | -12.2% | -24.6% | ELF 253% · PG 17% · COTY -66% |
| Packaged Foods & Meats | 47 | -19.7% | -25.4% | -31.6% | MAMA 552% · LWAY 379% · SENEA 285% |
| Distillers & Vintners | 5 | -39.3% | -59.1% | -70.6% | STZ -30% · BF-B -54% · MGPI -71% |
| Drug Retail | 3 | -44.3% | -84.5% | -93.1% | HITI -67% · PETS -93% · SCNX -99% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 162.81 |
| Mkt Cap | 77.7 |
| Rev LTM | 18,758 |
| Op Inc LTM | 4,211 |
| FCF LTM | 3,390 |
| FCF 3Y Avg | 2,459 |
| CFO LTM | 3,893 |
| CFO 3Y Avg | 3,226 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.8% |
| Rev Chg 3Y Avg | 2.6% |
| Rev Chg Q | 3.7% |
| QoQ Delta Rev Chg LTM | 0.9% |
| Op Inc Chg LTM | 1.5% |
| Op Inc Chg 3Y Avg | 5.9% |
| Op Mgn LTM | 19.8% |
| Op Mgn 3Y Avg | 18.9% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 19.8% |
| CFO/Rev 3Y Avg | 17.6% |
| FCF/Rev LTM | 16.6% |
| FCF/Rev 3Y Avg | 15.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 77.7 |
| P/S | 3.8 |
| P/Op Inc | 18.2 |
| P/EBIT | 18.9 |
| P/E | 28.3 |
| P/CFO | 20.1 |
| Total Yield | 5.7% |
| Dividend Yield | 2.4% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.2% |
| 3M Rtn | 8.9% |
| 6M Rtn | -6.7% |
| 12M Rtn | 3.5% |
| 3Y Rtn | 14.7% |
| 1M Excs Rtn | -2.1% |
| 3M Excs Rtn | 6.5% |
| 6M Excs Rtn | -18.6% |
| 12M Excs Rtn | -15.2% |
| 3Y Excs Rtn | -58.4% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Maintenance products | 591 | 558 | 504 | 485 | 485 |
| Homecare and cleaning products (HCCP) | 29 | 33 | 34 | 33 | 33 |
| Total | 620 | 591 | 537 | 519 | 519 |
| $ Mil | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Americas | 47 | 41 | 39 | 20 | 20 |
| Europe, Middle East and Africa | 30 | 34 | 31 | ||
| Asia Pacific | 13 | 10 | 9 | 8 | 7 |
| Unallocated Corporate | -24 | -22 | -23 | ||
| Europe | 24 | 28 | |||
| Total | 65 | 64 | 57 | 52 | 54 |
| $ Mil | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|
| Americas | 188 | 172 | 196 | 184 |
| Europe | 99 | 96 | 84 | 70 |
| Asia Pacific | 14 | 12 | 9 | 8 |
| Total | 301 | 280 | 289 | 263 |
Price Behavior
Price Behavior
| Market Price | $215.89 | |
| Market Cap ($ Bil) | 2.9 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -18.2% | |
| 50 Days | 200 Days | |
| DMA Price | $234.85 | $216.39 |
| DMA Trend | up | up |
| Distance from DMA | -8.1% | -0.2% |
| 3M | 1YR | |
| Volatility | 39.9% | 31.5% |
| Downside Capture | 29.95 | 15.09 |
| Upside Capture | 47.16 | 10.57 |
| Correlation (SPY) | 15.0% | 6.8% |
WDFC Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.45 | 0.28 | 0.28 | 0.22 | 0.09 | 0.29 |
| Up Beta | 0.26 | -0.05 | 0.33 | 0.09 | 0.05 | 0.18 |
| Down Beta | 2.24 | 0.61 | 0.45 | 0.21 | 0.21 | 0.26 |
| Up Capture | 101% | 71% | 36% | 22% | 7% | 11% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 8 | 22 | 31 | 65 | 131 | 385 |
| Down Capture | 198% | -17% | 3% | 33% | 2% | 66% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 14 | 21 | 32 | 61 | 121 | 368 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WDFC | |
|---|---|---|---|---|
| WDFC | -0.1% | 31.4% | 0.02 | - |
| Sector ETF (XLP) | 8.3% | 14.4% | 0.33 | 37.6% |
| Equity (SPY) | 21.2% | 12.9% | 1.23 | 6.9% |
| Gold (GLD) | 39.0% | 28.8% | 1.14 | -1.9% |
| Commodities (DBC) | 40.9% | 20.2% | 1.58 | -26.4% |
| Real Estate (VNQ) | 13.9% | 13.8% | 0.70 | 22.3% |
| Bitcoin (BTCUSD) | -30.4% | 44.2% | -0.69 | -10.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WDFC | |
|---|---|---|---|---|
| WDFC | -0.6% | 31.4% | 0.02 | - |
| Sector ETF (XLP) | 6.3% | 13.7% | 0.25 | 34.9% |
| Equity (SPY) | 12.8% | 17.2% | 0.57 | 25.8% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 2.3% |
| Commodities (DBC) | 10.2% | 19.6% | 0.41 | -6.2% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.02 | 32.6% |
| Bitcoin (BTCUSD) | 11.2% | 52.8% | 0.40 | 9.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WDFC | |
|---|---|---|---|---|
| WDFC | 8.1% | 29.9% | 0.31 | - |
| Sector ETF (XLP) | 7.5% | 14.9% | 0.37 | 39.0% |
| Equity (SPY) | 15.1% | 17.9% | 0.72 | 32.6% |
| Gold (GLD) | 12.9% | 16.3% | 0.65 | 0.5% |
| Commodities (DBC) | 7.8% | 18.1% | 0.35 | 0.4% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 33.7% |
| Bitcoin (BTCUSD) | 63.1% | 66.2% | 1.03 | 9.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/11/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/9/2026 | 10.6% | 7.1% | -1.5% |
| 4/9/2026 | -4.0% | -8.7% | -6.2% |
| 1/8/2026 | -6.6% | 1.1% | 17.2% |
| 10/22/2025 | 2.8% | -4.8% | -1.7% |
| 7/10/2025 | -0.7% | -1.8% | -2.0% |
| 4/8/2025 | -8.2% | -6.2% | -1.7% |
| 1/10/2025 | -5.8% | -3.3% | -3.4% |
| 10/17/2024 | -4.8% | 1.5% | 5.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 12 |
| # Negative | 13 | 11 | 12 |
| Median Positive | 7.1% | 7.1% | 11.0% |
| Median Negative | -6.6% | -6.2% | -4.3% |
| Max Positive | 18.8% | 20.8% | 28.4% |
| Max Negative | -14.9% | -19.2% | -21.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/9/2026 | 10.6% | 7.1% | -1.5% |
| 4/9/2026 | -4.0% | -8.7% | -6.2% |
| 1/8/2026 | -6.6% | 1.1% | 17.2% |
| 10/22/2025 | 2.8% | -4.8% | -1.7% |
| 7/10/2025 | -0.7% | -1.8% | -2.0% |
| 4/8/2025 | -8.2% | -6.2% | -1.7% |
| 1/10/2025 | -5.8% | -3.3% | -3.4% |
| 10/17/2024 | -4.8% | 1.5% | 5.7% |
| 7/10/2024 | 4.0% | 15.5% | 15.6% |
| 4/9/2024 | -8.6% | -9.1% | -7.5% |
| 1/9/2024 | 15.2% | 16.0% | 12.7% |
| 10/19/2023 | -0.4% | 3.4% | 8.3% |
| 7/10/2023 | 18.5% | 16.3% | 15.3% |
| 4/6/2023 | -3.5% | 1.6% | 3.8% |
| 1/9/2023 | 1.0% | 7.9% | 7.3% |
| 10/19/2022 | -11.5% | -7.4% | 0.8% |
| 7/7/2022 | -14.9% | -19.2% | -12.7% |
| 4/7/2022 | 7.1% | 8.9% | 9.4% |
| 1/6/2022 | 3.0% | 4.3% | -6.7% |
| 10/19/2021 | -8.8% | -1.4% | -0.7% |
| 7/7/2021 | 0.5% | -3.5% | -5.3% |
| 4/8/2021 | -9.5% | -16.5% | -21.3% |
| 1/7/2021 | 11.7% | 4.0% | 20.7% |
| 10/20/2020 | 18.8% | 20.8% | 28.4% |
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 12 |
| # Negative | 13 | 11 | 12 |
| Median Positive | 7.1% | 7.1% | 11.0% |
| Median Negative | -6.6% | -6.2% | -4.3% |
| Max Positive | 18.8% | 20.8% | 28.4% |
| Max Negative | -14.9% | -19.2% | -21.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 05/31/2026 | 07/09/2026 | 10-Q |
| 02/28/2026 | 04/09/2026 | 10-Q |
| 11/30/2025 | 01/08/2026 | 10-Q |
| 08/31/2025 | 10/27/2025 | 10-K |
| 05/31/2025 | 07/10/2025 | 10-Q |
| 02/28/2025 | 04/09/2025 | 10-Q |
| 11/30/2024 | 01/10/2025 | 10-Q |
| 08/31/2024 | 10/21/2024 | 10-K |
| 05/31/2024 | 07/10/2024 | 10-Q |
| 02/29/2024 | 04/09/2024 | 10-Q |
| 11/30/2023 | 01/09/2024 | 10-Q |
| 08/31/2023 | 10/23/2023 | 10-K |
| 05/31/2023 | 07/10/2023 | 10-Q |
| 02/28/2023 | 04/06/2023 | 10-Q |
| 11/30/2022 | 01/09/2023 | 10-Q |
| 08/31/2022 | 10/24/2022 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 05/31/2026 | 07/09/2026 | 10-Q |
| 02/28/2026 | 04/09/2026 | 10-Q |
| 11/30/2025 | 01/08/2026 | 10-Q |
| 08/31/2025 | 10/27/2025 | 10-K |
| 05/31/2025 | 07/10/2025 | 10-Q |
| 02/28/2025 | 04/09/2025 | 10-Q |
| 11/30/2024 | 01/10/2025 | 10-Q |
| 08/31/2024 | 10/21/2024 | 10-K |
| 05/31/2024 | 07/10/2024 | 10-Q |
| 02/29/2024 | 04/09/2024 | 10-Q |
| 11/30/2023 | 01/09/2024 | 10-Q |
| 08/31/2023 | 10/23/2023 | 10-K |
| 05/31/2023 | 07/10/2023 | 10-Q |
| 02/28/2023 | 04/06/2023 | 10-Q |
| 11/30/2022 | 01/09/2023 | 10-Q |
| 08/31/2022 | 10/24/2022 | 10-K |
| 05/31/2022 | 07/07/2022 | 10-Q |
| 02/28/2022 | 04/07/2022 | 10-Q |
| 11/30/2021 | 01/06/2022 | 10-Q |
| 08/31/2021 | 10/22/2021 | 10-K |
| 05/31/2021 | 07/07/2021 | 10-Q |
| 02/28/2021 | 04/08/2021 | 10-Q |
| 11/30/2020 | 01/07/2021 | 10-Q |
| 08/31/2020 | 10/21/2020 | 10-K |
| 05/31/2020 | 07/09/2020 | 10-Q |
| 02/29/2020 | 04/09/2020 | 10-Q |
| 11/30/2019 | 01/09/2020 | 10-Q |
| 08/31/2019 | 10/22/2019 | 10-K |
Recent Forward Guidance
Updated 7/10/2026Latest: Q3 2026 Earnings Reported 7/9/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales (Constant Currency) | 652.00 Mil | 659.50 Mil | 2.6% | Raised | Guidance: 642.50 Mil for 2026 | ||
| 2026 Reported Net Sales | 675.00 Mil | 682.50 Mil | 6.2% | Raised | Guidance: 642.50 Mil for 2026 | ||
| 2026 Gross Margin | 54.5% | 55.0% | -1.0% | Lowered | Guidance: 56.0% for 2026 | ||
| 2026 Non-GAAP Operating Income | 107.00 Mil | 110.00 Mil | 3.3% | Raised | Guidance: 106.50 Mil for 2026 | ||
| 2026 Provision for Income Tax | 0.23 | -0.5% | Lowered | Guidance: 0.23 for 2026 | |||
| 2026 Non-GAAP Diluted EPS | 6.05 | 6.2 | 4.2% | Raised | Guidance: 5.95 for 2026 | ||
Prior: Q2 2026 Earnings Reported 4/9/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales Growth | 5.0% | 7.0% | 9.0% | 0.0% | Affirmed | Guidance: 7.0% for 2026 | |
| 2026 Net Sales | 630.00 Mil | 642.50 Mil | 655.00 Mil | 0.0% | Affirmed | Guidance: 642.50 Mil for 2026 | |
| 2026 Gross Margin | 55.5% | 56.0% | 56.5% | 0.0% | Affirmed | Guidance: 56.0% for 2026 | |
| 2026 Advertising and promotion investments | 0.06 | ||||||
| 2026 Operating Income | 103.00 Mil | 106.50 Mil | 110.00 Mil | 0.0% | Affirmed | Guidance: 106.50 Mil for 2026 | |
| 2026 Provision for income tax | 0.23 | 0.23 | 0.23 | ||||
| 2026 Diluted earnings per share | 5.75 | 5.95 | 6.15 | 0.0% | Affirmed | Guidance: 5.95 for 2026 | |
Q1 2026 Earnings Reported 1/8/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales | 630.00 Mil | 642.50 Mil | 655.00 Mil | 0 | Affirmed | Guidance: 642.50 Mil for 2026 | |
| 2026 Net Sales Growth | 5.0% | 7.0% | 9.0% | 0 | Affirmed | Guidance: 7.0% for 2026 | |
| 2026 Gross Margin | 55.5% | 56.0% | 56.5% | 0 | Affirmed | Guidance: 56.0% for 2026 | |
| 2026 Operating Income | 103.00 Mil | 106.50 Mil | 110.00 Mil | 0 | Affirmed | Guidance: 106.50 Mil for 2026 | |
| 2026 Diluted EPS | 5.75 | 5.95 | 6.15 | 0 | Affirmed | Guidance: 5.95 for 2026 | |
Q4 2025 Earnings Reported 10/22/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales | 630.00 Mil | 642.50 Mil | 655.00 Mil | 5.3% | Higher New | Guidance: 610.00 Mil for 2025 | |
| 2026 Net Sales Growth | 5.0% | 7.0% | 9.0% | -0.5% | Lower New | Guidance: 7.5% for 2025 | |
| 2026 Gross Margin | 55.5% | 56.0% | 56.5% | 0.5% | Higher New | Guidance: 55.5% for 2025 | |
| 2026 Operating Income | 103.00 Mil | 106.50 Mil | 110.00 Mil | 8.1% | Higher New | Guidance: 98.50 Mil for 2025 | |
| 2026 Diluted EPS | 5.75 | 5.95 | 6.15 | 9.2% | Higher New | Guidance: 5.45 for 2025 | |
Insider Activity
Updated 8/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Olsem, Patricia Q | Division President, Americas | Direct | Sell | 8142026 | 234.72 | 200 | 46,944 | 1,073,609 | Form |
| 2 | Olsem, Patricia Q | Division President, Americas | Direct | Sell | 8122026 | 233.73 | 300 | 70,119 | 1,115,827 | Form |
| 3 | Pendarvis, David | Direct | Buy | 2062026 | 247.15 | 424 | 104,792 | 1,704,841 | Form | |
| 4 | Etchart, Eric | Direct | Buy | 10302025 | 194.02 | 500 | 97,010 | 1,623,947 | Form | |
| 5 | Pendarvis, David | Direct | Buy | 10302025 | 196.37 | 523 | 102,702 | 1,151,121 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Olsem, Patricia Q | Division President, Americas | Direct | Sell | 8142026 | 234.72 | 200 | 46,944 | 1,073,609 | Form |
| 2 | Olsem, Patricia Q | Division President, Americas | Direct | Sell | 8122026 | 233.73 | 300 | 70,119 | 1,115,827 | Form |
| 3 | Pendarvis, David | Direct | Buy | 2062026 | 247.15 | 424 | 104,792 | 1,704,841 | Form | |
| 4 | Etchart, Eric | Direct | Buy | 10302025 | 194.02 | 500 | 97,010 | 1,623,947 | Form | |
| 5 | Pendarvis, David | Direct | Buy | 10302025 | 196.37 | 523 | 102,702 | 1,151,121 | Form | |
| 6 | Kiamilev, Phenix Q | VP, GC & Chief Compliance Ofcr | Trust | Buy | 10292025 | 200.46 | 55 | 11,025 | 862,579 | Form |
| 7 | Brass, Steven A | President and CEO | Direct | Buy | 10292025 | 200.46 | 362 | 72,567 | 6,767,730 | Form |
| 8 | Hyzer, Sara Kathleen | VP, Finance & CFO | Direct | Buy | 10292025 | 200.46 | 200 | 40,092 | 1,189,730 | Form |
| 9 | Carter, Daniel T | Direct | Buy | 10272025 | 199.37 | 1,000 | 199,370 | 1,436,461 | Form |
Investor Activity (13F)
Updated Aug 25, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
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WD-40 Company (WDFC|$2.7B) - 2026 Q1 Earnings Analysis
Investor / Analyst
WD-40 Company (NASDAQ: WDFC) Q3 2025 Earnings | 07/10/2025
Investor / Analyst
WD-40 Earnings Preview | WDFC Call And Put Options Strategy | WDFC Stock | WDFC Earnings
Investor / Analyst
WD-40 Company (WDFC) Q2: Lubricant Lift or Market Maintenance?
Leadership
Purpose Leadership Principles: Garry Ridge, WD-40 CEO Emeritus; Davin Salvagno, CEO, PurposePoint
Industry Resources
| Consumer Staples Resources |
| FoodNavigator |
| Consumer Goods Technology (CGT) |
| Beverage Digest |
| Household Products Resources |
| Happi (Household and Personal Products Industry) |
| Nonwovens Industry |
| Consumer Reports - Household Products |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 8/24/2026