WD-40 Company (WDFC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
590.6M
Gross Profit
315.2M
53.38%
Operating Income
96.4M
16.32%
Net Income
69.6M
11.79%
EPS (Diluted)
$5.11
Balance Sheet Metrics
Total Assets
449.0M
Total Liabilities
218.5M
Shareholders Equity
230.5M
Debt to Equity
0.95
Cash Flow Metrics
Operating Cash Flow
81.4M
Free Cash Flow
87.8M
Revenue & Profitability Trend
WD-40 Company Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 590.6M | 537.3M | 518.8M | 488.1M | 408.5M |
| Cost of Goods Sold | 275.3M | 263.0M | 264.1M | 224.4M | 185.5M |
| Gross Profit | 315.2M | 274.2M | 254.8M | 263.7M | 223.0M |
| Operating Expenses | 217.8M | 183.5M | 166.0M | 173.4M | 143.6M |
| Operating Income | 96.4M | 89.7M | 87.3M | 88.8M | 77.2M |
| Pre-tax Income | 91.5M | 85.2M | 84.1M | 86.5M | 75.5M |
| Income Tax | 21.9M | 19.2M | 16.8M | 16.3M | 14.8M |
| Net Income | 69.6M | 66.0M | 67.3M | 70.2M | 60.7M |
| EPS (Diluted) | $5.11 | $4.83 | $4.90 | $5.09 | $4.40 |
Income Statement Trend
WD-40 Company Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 255.4M | 248.5M | 249.6M | 241.2M | 185.2M |
| Non-Current Assets | 193.6M | 189.4M | 184.7M | 189.0M | 177.5M |
| Total Assets | 449.0M | 438.0M | 434.3M | 430.2M | 362.6M |
| Liabilities | |||||
| Current Liabilities | 103.5M | 88.8M | 110.8M | 85.9M | 60.1M |
| Non-Current Liabilities | 115.0M | 138.9M | 134.9M | 143.9M | 142.2M |
| Total Liabilities | 218.5M | 227.8M | 245.7M | 229.8M | 202.3M |
| Equity | |||||
| Total Shareholders Equity | 230.5M | 210.2M | 188.6M | 200.4M | 160.3M |
Balance Sheet Composition
WD-40 Company Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 69.6M | 66.0M | 67.3M | 70.2M | 60.7M |
| Operating Cash Flow | 81.4M | 94.1M | 14.3M | 73.8M | 73.4M |
| Investing Activities | |||||
| Capital Expenditures | -3.5M | -6.2M | -7.7M | -14.5M | -18.9M |
| Investing Cash Flow | -9.7M | -6.2M | -7.7M | -14.5M | -18.9M |
| Financing Activities | |||||
| Dividends Paid | -47.2M | -44.6M | -42.0M | -38.2M | -36.0M |
| Financing Cash Flow | -83.9M | -85.0M | 383.0K | -40.7M | -26.7M |
| Free Cash Flow | 87.8M | 91.5M | -5.7M | 69.7M | 53.4M |
Cash Flow Trend
WD-40 Company Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
36.32
Forward P/E
37.71
Price to Book
12.75
Price to Sales
5.05
PEG Ratio
37.71
Profitability Ratios
Profit Margin
13.99%
Operating Margin
15.93%
Return on Equity
37.26%
Return on Assets
13.83%
Financial Health
Current Ratio
2.40
Debt to Equity
51.31
Beta
0.16
Per Share Data
EPS (TTM)
$6.27
Book Value per Share
$17.87
Revenue per Share
$45.07
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wdfc | 3.1B | 36.32 | 12.75 | 37.26% | 13.99% | 51.31 |
| Linde plc | 216.0B | 33.33 | 5.69 | 17.01% | 20.02% | 60.56 |
| Sherwin-Williams | 86.6B | 32.64 | 20.88 | 70.22% | 11.63% | 329.97 |
| Eastman Chemical | 8.7B | 9.56 | 1.47 | 16.03% | 9.85% | 86.00 |
| Westlake | 9.7B | 25.39 | 0.94 | 3.92% | 3.23% | 49.95 |
| Albemarle | 7.9B | 33.52 | 0.99 | -9.99% | -22.39% | 35.76 |
Financial data is updated regularly. All figures are in the company's reporting currency.