WDFC
WD-40 Company
WDFC's fundamentals are mixed: it turned 14% of its revenue into free cash flow, but earnings per share fell 9.1%. At 36x earnings, it's trading below its usual 44x. Analysts expect earnings growth.
WDFC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
WDFC's revenue, profitability, cash flow and balance sheet are all currently healthy.
WDFC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 34x | $220 | — |
| Cheap | 35x | $214 | -2.7% |
| Current | 36x | $220 | — |
| Fair | 44x | $268 | +22% |
| Expensive | 51x | $310 | +40% |
Historical ranges are pointers, not guarantees.
WDFC's PE is in its cheap range at 36x. If earnings grow as analysts expect, today's price would be 34x next year's earnings.
WDFC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for WDFC, with profitability improving.
WDFC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.54 | +7.5% |
| Q3 2026 | $6.08 | -9.1% |
| Q2 2026 | $6.59 | +3.8% |
| Q1 2026 | $5.89 | -6.1% |
| Q4 2025 | $6.58 | +26% |
| Q3 2025 | $6.69 | +31% |
| Q2 2025 | $6.35 | +25% |
| Q1 2025 | $6.27 | +25% |
| Q4 2024 | $5.22 | +2.6% |
WDFC earned $6.08 per share over the past year, down 9.1% from the year before.
WDFC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $176.8M | +8.1% |
| Q2 2026 | $195.1M | +24% |
| Q1 2026 | $161.7M | +11% |
| Q4 2025 | $154.4M | +0.6% |
| Q3 2025 | $163.5M | +4.8% |
| Q2 2025 | $156.9M | +1.2% |
| Q1 2025 | $146.1M | +5% |
| Q4 2024 | $153.5M | +9.3% |
WDFC's revenue has grown year over year for 15 quarters in a row: $177M last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -6.4 points |
| Q2 2026 | 21% | +3.2 points |
| Q1 2026 | 16% | +0.3 points |
| Q4 2025 | 15% | -1.3 points |
| Q3 2025 | 17% | +1.7 points |
| Q2 2025 | 17% | -0.1 points |
| Q1 2025 | 16% | +0.9 points |
| Q4 2024 | 16% | -0.8 points |
WDFC's operating margin was 11% last quarter, down 6.4 points from the same quarter a year ago, near the bottom of its range since 2019.
WDFC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $46.7M | +63% |
| Q2 2026 | $29.3M | -14% |
| Q1 2026 | $12.5M | +89% |
| Q4 2025 | $9.1M | -36% |
| Q3 2025 | $28.6M | +8.5% |
| Q2 2025 | $34M | +82% |
| Q1 2025 | $6.6M | -60% |
| Q4 2024 | $14.2M | -46% |
WDFC generated $98M in free cash flow over the past year, up 17% from the year before.
WDFC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +16K shares |
| 1 year | -0.5% | -70K shares |
| 3 years | -0.8% | -107K shares |
| 5 years | -1.7% | -236K shares |
| Available history | -1.8% | -249K shares |
WDFC has 13M diluted shares, down 0.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $7.1M |
| Q2 2026 | $6.7M |
| Q1 2026 | $8M |
| Q4 2025 | $7.8M |
| Q3 2025 | $2.6M |
| Q2 2025 | $3M |
| Q1 2025 | $3.1M |
| Q4 2024 | $3.6M |
WDFC spent $30M buying back its own shares over the past year, up 141% from the year before.
WDFC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.4x | Very low |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 0.5x | Very low |
WDFC's net debt is less than a year of its operating earnings (EBITDA).
WDFC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 63.9 | Neutral |
WDFC's weekly RSI is 53 (neutral) and its Stochastic is 64 (neutral).
WDFC PE vs Basic Materials Sector
| Metric | WDFC | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 19x | 95% above |
| PE % | 21 | 40 | 19 pts below |
WDFC is trading at 36x earnings, a 95% premium to the Basic Materials sector's median of 19x.
WDFC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $210.0 | 5% above |
| 20 week MA | $219.3 | 0.5% above |
| 50 week MA | $217.0 | 1.6% above |
| 100 week MA | $220.6 | 0.1% below |
| 200 week MA | $223.6 | 1.4% below |
WDFC has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 1.4% below its 200-week average.
WDFC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $196.8 | $260.9 | +33% |
| 2021 | $260.9 | $245.0 | -6.1% |
| 2022 | $245.0 | $160.9 | -34% |
| 2023 | $160.9 | $239.1 | +49% |
| 2024 | $239.1 | $244.5 | +2.3% |
| 2025 | $244.5 | $204.0 | -17% |
| 2026 YTD | $204.0 | $220.5 | +8.1% |
WDFC has finished lower in three of the last six years. It's up 8.1% so far in 2026.