WD-40 (WDFC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

WD-40

NasdaqGS•Basic Materials•Specialty Chemicals

$192.56-8.85(-0.04%)Pre-market

Market Cap

$2.96B

P/E

35.9x

P/S

4.3x

P/B

10.8x

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.

How this company scores

GoodMetricSide Score: 74/100

Strongest: Cash & Earnings Quality (23/25); weakest: Profitability (16/25).

Profitability16/25

Growth17/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsHigh ROELow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 35.9x5y range 29.6x – 52.8x

Currently near its 20-quarter median.

P/S · 4.3x5y range 4.0x – 6.4x

Currently near its 20-quarter median.

P/B · 10.8x5y range 9.7x – 16.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 6.1% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $2.96B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $687.99M
Q. Revenue: $176.78M
TTM EBITDA: $125.11M
TTM Op. Income: $108.94M
Q. Op. Income: $19.05M
TTM Net Income: $82.35M
Q. Net Income: $14.36M
EPS: $1.07
Shares Out.: $13.42M

$687.99M in TTM revenue grew 11.0% YoY, reaching $176.78M last quarter. TTM EBITDA of $125.11M and TTM operating income of $108.94M show growth is flowing through to the bottom line. TTM net income of $82.35M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 52.8%
EBITDA Margin: 15.5%
Op. Margin: 10.8%
Net Margin: 8.1%

Op. margin of 10.8% is down 6.4% YoY — costs are rising relative to revenue. Net margin at 8.1% and gross margin of 52.8% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 37% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 35.9x
P/S Ratio: 4.3x
P/B Ratio: 10.8x

At 35.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 4.3x and P/B of 10.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 12% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $494.38M
Cash: $70.61M
Long-Term Debt: $85.25M
Book Value: $272.97M
D/E Ratio: 0.3
Debt/EBITDA: 3.1

With $494.38M in assets and $85.25M in long-term debt, D/E is 0.3and book value is $272.97M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 3% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $50.15M
TTM Free Cash Flow: $97.57M
FCF Margin: 14.2%
FCF / Net Income: 1.2

TTM FCF of $97.57M on $50.15M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 17% — an improving trend.