WD-40 Company (WDFC) Key Metrics
WDFC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.69B
- Enterprise value
- $2.74B
- P/E (TTM)
- 30.4 10-yr median 41.4
- Forward P/E
- 52.6
- PEG ratio
- 3.76
- Price / sales
- 4.0 10-yr median 5.7
- Price / book
- 9.6 10-yr median 14.7
- EV / EBITDA
- 21.3 10-yr median 28.6
- Dividend yield
- 2.04% $4.08 a year
- Beta
- 0.26
WDFC key metrics, FY2016–FY2025
Fiscal year ended August 31, 2025 · U.S. dollarsWDFC valuation Price multiples at each fiscal year-end price.
WDFC returns How much profit the business earns on the capital it uses.
WDFC per-share figures Results divided by the shares outstanding at year-end.
WDFC financial health Debt, liquidity and how easily interest is covered.
WDFC efficiency & capital use Working capital cycle and where the cash goes.
WDFC valuation history
WDFC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WDFC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WDFC cash returned to shareholders
WDFC price vs earnings per share
WDFC key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.93B | $3.57B | $2.92B | $2.59B | $3.29B | $2.80B | $2.52B | $2.48B | $1.54B | $1.70B |
| Enterprise value | $2.97B | $3.63B | $3.00B | $2.71B | $3.34B | $2.87B | $2.58B | $2.51B | $1.58B | $1.72B |
| P/E ratio | 32.2 | 51.3 | 44.3 | 38.5 | 46.9 | 46.2 | 45.1 | 38.0 | 29.1 | 32.3 |
| Price / sales | 4.7 | 6.0 | 5.4 | 5.0 | 6.7 | 6.9 | 6.0 | 6.1 | 4.0 | 4.5 |
| Price / book | 10.9 | 15.5 | 13.9 | 13.7 | 16.4 | 17.5 | 17.3 | 15.9 | 11.0 | 12.1 |
| Price / free cash flow | 35.1 | 40.6 | 31.9 | — | 47.2 | 52.5 | 50.9 | 47.4 | 47.8 | 30.3 |
| Price / operating cash flow | 33.3 | 38.8 | 29.7 | 994.9 | 38.8 | 38.6 | 40.1 | 38.2 | 29.4 | 28.1 |
| EV / sales | 4.8 | 6.1 | 5.6 | 5.2 | 6.8 | 7.0 | 6.1 | 6.2 | 4.1 | 4.5 |
| EV / EBITDA | 26.2 | 34.4 | 30.4 | 28.5 | 34.8 | 33.5 | 28.3 | 28.8 | 18.8 | 21.2 |
| EV / free cash flow | 35.6 | 41.3 | 32.8 | — | 47.9 | 53.8 | 52.0 | 48.1 | 48.9 | 30.5 |
| Earnings yield | 3.1% | 2.0% | 2.3% | 2.6% | 2.1% | 2.2% | 2.2% | 2.6% | 3.4% | 3.1% |
| Free cash flow yield | 2.8% | 2.5% | 3.1% | −0.2% | 2.1% | 1.9% | 2.0% | 2.1% | 2.1% | 3.3% |
| Dividend yield | 1.7% | 1.3% | 1.5% | 1.6% | 1.2% | 1.3% | 1.3% | 1.2% | 1.7% | 1.4% |
| Shareholder yield (dividends + buybacks) | 2.1% | 1.5% | 1.9% | 2.7% | 1.3% | 1.9% | 2.5% | 2.1% | 3.8% | 3.3% |
| Share price at fiscal year-end | $216.04 | $262.84 | $214.87 | $189.16 | $239.63 | $204.38 | $182.30 | $177.45 | $108.95 | $118.35 |
| Per share | ||||||||||
| Revenue per share | $45.70 | $43.49 | $39.49 | $37.88 | $35.54 | $29.78 | $30.61 | $29.26 | $26.94 | $26.47 |
| Earnings per share | $6.71 | $5.13 | $4.85 | $4.92 | $5.11 | $4.43 | $4.04 | $4.67 | $3.75 | $3.66 |
| Operating cash flow per share | $6.48 | $6.78 | $7.23 | $0.19 | $6.17 | $5.30 | $4.54 | $4.64 | $3.71 | $4.21 |
| Free cash flow per share | $6.15 | $6.47 | $6.73 | −$0.42 | $5.07 | $3.89 | $3.58 | $3.75 | $2.28 | $3.91 |
| Cash per share | $4.28 | $3.44 | $3.54 | $2.76 | $6.26 | $4.12 | $1.97 | $3.52 | $8.30 | $7.55 |
| Book value per share | $19.77 | $16.98 | $15.45 | $13.77 | $14.59 | $11.69 | $10.52 | $11.14 | $9.87 | $9.76 |
| Tangible book value per share | $12.43 | $9.38 | $8.09 | $6.41 | $7.08 | $4.08 | $2.85 | $3.32 | $1.95 | $1.78 |
| Dividends per share | $3.70 | $3.48 | $3.28 | $3.07 | $2.78 | $2.63 | $2.38 | $2.12 | $1.90 | $1.65 |
| Capex per share | $0.33 | $0.31 | $0.51 | $0.61 | $1.10 | $1.41 | $0.96 | $0.90 | $1.43 | $0.30 |
| Debt per share | $7.20 | $7.57 | $9.45 | $11.25 | $9.59 | $8.91 | $5.89 | $6.19 | $10.90 | $8.48 |
| Shares outstanding | 13.6M | 13.6M | 13.6M | 13.7M | 13.7M | 13.7M | 13.8M | 14.0M | 14.1M | 14.4M |
| Change in shares outstanding | −0.1% | −0.2% | −0.7% | −0.3% | +0.1% | −0.8% | −0.9% | −1.1% | −1.8% | −1.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 36.5% | 31.6% | 33.1% | 34.6% | 38.9% | 39.7% | 37.2% | 44.2% | 37.8% | 35.3% |
| Return on invested capital (ROIC) | 31.3% | 25.4% | 23.4% | 25.4% | 30.5% | 29.2% | 29.1% | 37.0% | 32.6% | 32.5% |
| Return on assets (ROA) | 19.7% | 15.7% | 15.1% | 15.6% | 17.7% | 18.3% | 18.0% | 19.0% | 14.9% | 15.5% |
| Return on tangible assets | 24.2% | 20.1% | 19.5% | 20.2% | 21.5% | 23.5% | 28.4% | 31.4% | 20.5% | 23.4% |
| Free cash flow margin | 13.5% | 14.9% | 17.0% | −1.1% | 14.3% | 13.1% | 11.7% | 12.8% | 8.5% | 14.8% |
| Income quality (OCF / net income) | 0.97 | 1.32 | 1.49 | 0.04 | 1.21 | 1.20 | 1.12 | 0.99 | 0.99 | 1.15 |
| Financial health | ||||||||||
| Total debt | $97.7M | $102.8M | $128.5M | $154.0M | $131.8M | $122.3M | $81.4M | $86.4M | $154.0M | $122.0M |
| Cash & short-term investments | $58.1M | $46.7M | $48.1M | $37.8M | $86.0M | $56.5M | $27.2M | $49.1M | $117.2M | $108.5M |
| Net debt | $39.6M | $56.1M | $80.4M | $116.2M | $45.8M | $65.8M | $54.2M | $37.3M | $36.8M | $13.5M |
| Debt / equity | 0.36 | 0.45 | 0.61 | 0.82 | 0.66 | 0.76 | 0.56 | 0.56 | 1.10 | 0.87 |
| Debt / assets | 0.21 | 0.23 | 0.29 | 0.35 | 0.31 | 0.34 | 0.27 | 0.27 | 0.42 | 0.36 |
| Net debt / EBITDA | 0.35 | 0.53 | 0.81 | 1.22 | 0.48 | 0.77 | 0.60 | 0.43 | 0.44 | 0.17 |
| Current ratio | 2.79 | 2.47 | 2.80 | 2.25 | 2.81 | 3.08 | 1.98 | 1.96 | 2.98 | 3.57 |
| Quick ratio | 2.01 | 1.70 | 1.82 | 1.31 | 2.16 | 2.39 | 1.44 | 1.53 | 2.51 | 3.03 |
| Interest coverage | 30.2 | 22.5 | 16.0 | 31.8 | 37.1 | 31.7 | 32.4 | 18.6 | 29.4 | 41.9 |
| Working capital | $182.7M | $151.9M | $159.7M | $138.8M | $155.3M | $125.0M | $73.4M | $82.1M | $149.4M | $150.8M |
| Invested capital | $307.7M | $286.7M | $290.6M | $304.8M | $246.2M | $226.1M | $199.7M | $192.8M | $176.1M | $153.9M |
| Tangible asset value | $168.6M | $127.3M | $110.0M | $87.9M | $97.3M | $55.9M | $39.5M | $46.4M | $27.5M | $25.6M |
| Net current asset value | $77.3M | $36.9M | $20.7M | $4.0M | $11.4M | −$17.2M | −$9.2M | $6.4M | −$5.5M | $10.2M |
| Graham number | $54.61 | $44.26 | $41.06 | $39.03 | $40.97 | $34.11 | $30.93 | $34.21 | $28.85 | $28.36 |
| Graham net-net per share | −$1.41 | −$3.25 | −$4.62 | −$6.45 | −$3.55 | −$4.72 | −$3.97 | −$3.04 | −$3.34 | −$1.83 |
| Capital allocation | ||||||||||
| Dividends paid | $50.3M | $47.2M | $44.6M | $42.0M | $38.2M | $36.0M | $32.9M | $29.6M | $26.8M | $23.7M |
| Share buybacks (net) | $12.3M | $8.1M | $10.4M | $29.2M | $3.7M | $16.8M | $29.6M | $22.6M | $31.1M | $32.1M |
| Dividend payout ratio | 55.2% | 67.8% | 67.6% | 62.4% | 54.4% | 59.4% | 58.8% | 45.4% | 50.6% | 45.0% |
| Dividends + buybacks / free cash flow | 75.0% | 63.0% | 60.1% | — | 60.1% | 99.1% | 126.1% | 99.8% | 179.9% | 99.2% |
| Capex / revenue | 0.7% | 0.7% | 1.3% | 1.6% | 3.1% | 4.7% | 3.1% | 3.1% | 5.3% | 1.1% |
| Capex / operating cash flow | 5.1% | 4.6% | 7.0% | 318.9% | 17.8% | 26.6% | 21.1% | 19.3% | 38.5% | 7.2% |
| Capex / depreciation | 0.55 | 0.44 | 0.84 | 1.00 | 2.15 | 2.51 | 1.75 | 1.61 | 2.98 | 0.67 |
| Stock-based compensation / revenue | 1.2% | 1.1% | 1.2% | 1.3% | 2.0% | 1.3% | 1.1% | 1.0% | 1.1% | 1.0% |
| R&D / revenue | — | 1.4% | 1.2% | 1.0% | 1.1% | 1.5% | 1.5% | 1.7% | 2.2% | 2.0% |
| SG&A / revenue | 38.3% | 31.1% | 28.8% | 26.7% | 29.8% | 29.9% | 29.3% | 29.7% | 30.1% | 30.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 70.1 | 66.6 | 63.9 | 63.1 | 63.6 | 68.6 | 61.2 | 59.5 | 61.8 | 59.2 |
| Days of inventory on hand | 104.1 | 109.8 | 132.3 | 110.5 | 78.9 | 80.6 | 73.8 | 71.6 | 73.5 | 70.1 |
| Days payables outstanding | 48.4 | 44.3 | 44.2 | 45.9 | 44.9 | 39.8 | 36.2 | 39.8 | 43.4 | 39.3 |
| Cash conversion cycle (days) | 125.8 | 132.1 | 151.9 | 127.8 | 97.7 | 109.5 | 98.8 | 91.3 | 92.0 | 89.9 |
| Receivables turnover | 5.21 | 5.48 | 5.72 | 5.78 | 5.73 | 5.32 | 5.97 | 6.13 | 5.90 | 6.17 |
| Payables turnover | 7.54 | 8.25 | 8.26 | 7.96 | 8.13 | 9.18 | 10.10 | 9.16 | 8.42 | 9.29 |
| Inventory turnover | 3.51 | 3.33 | 2.76 | 3.30 | 4.63 | 4.53 | 4.95 | 5.10 | 4.96 | 5.21 |
| Asset turnover | 1.34 | 1.33 | 1.23 | 1.20 | 1.23 | 1.23 | 1.37 | 1.19 | 1.07 | 1.12 |
| Average receivables | $119.0M | $107.8M | $94.0M | $89.7M | $85.1M | $76.8M | $70.9M | $66.6M | $64.5M | $61.7M |
| Average payables | $37.0M | $33.4M | $31.8M | $33.2M | $27.6M | $20.2M | $18.9M | $20.0M | $19.8M | $17.9M |
| Average inventory | $79.5M | $82.8M | $95.3M | $79.9M | $48.5M | $41.0M | $38.6M | $35.9M | $33.6M | $31.9M |
| Intangibles / total assets | 20.9% | 23.0% | 22.9% | 23.2% | 24.0% | 28.8% | 35.0% | 34.4% | 30.3% | 33.8% |
Computed from WDFC's annual financial statements (latest annual report filed October 27, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WDFC valuation and financial ratios
At the end of fiscal 2025 (August 31, 2025), WD-40 traded at 32.2 times earnings, against a 10-year median of 41.4. Based on the latest twelve months, the trailing P/E is 30.4 and the forward P/E is 52.6. WD-40 earned a return on equity of 36.5% and a return on invested capital of 31.3% in fiscal 2025. It ended the year with $97.7 million of debt and $58.1 million in cash and short-term investments, net debt of $39.6 million. It returned $62.6 million to shareholders: $50.3 million in dividends and $12.3 million in share buybacks, 75% of free cash flow. The share count fell 5.6% from 14.4M to 13.6M over 9 years.
See the WDFC income statement, the WDFC chart for price history, or the WDFC stock overview for the latest quote and news.
WDFC key metrics FAQ
What is WD-40's P/E ratio?
WD-40's trailing P/E ratio is 30.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 52.6. At the end of fiscal 2025 it was 32.2, compared with a 10-year median of 41.4.
What is WD-40's EV/EBITDA?
WD-40's enterprise value was 26.2 times EBITDA at the end of fiscal 2025 (enterprise value $3.0 billion, EBITDA $113.3 million); the current EV/EBITDA is 21.3.
What is WD-40's return on equity?
WD-40's return on equity (ROE) was 36.5% in fiscal 2025: net income of $91.0 million on average shareholders' equity of $249.3 million.
What is WD-40's ROIC?
WD-40's return on invested capital was 31.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does WD-40 have?
WD-40 had total debt of $97.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.36 and $39.6 million of net debt (0.35 times EBITDA).
What is WD-40's dividend yield?
WD-40's forward dividend yield is 2.04%. WD-40 paid $50.3 million in dividends in fiscal 2025 ($3.70 per share), a payout ratio of 55.2%.
Does WD-40 buy back its shares?
Yes. WD-40 spent $12.3 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 13.6M..
What is WD-40's free cash flow yield?
WD-40 generated $83.4 million of free cash flow in fiscal 2025, a free cash flow yield of 2.8% on its market value at year-end ($2.9 billion).
What is WD-40's current ratio?
WD-40's current ratio was 2.79 at the end of fiscal 2025: current assets were 2.79 times current liabilities.