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VALVOLINE INC VVV

NYSE · stock · Miscellaneous Products of Petroleum & Coal · website · IPO 2016-09-23 · LEI

VALVOLINE INC statistics & valuation

P / E22.8×
P / S2.8×
P / B14.2×
P / FCF100.5×
Net margin12.3%
FCF margin2.8%
Net debt$1.0B
Net debt / EBITDA2.1×
Enterprise value USD$5.8B
EV / EBITDA11.8×
Earnings yield EBIT/EV6.7%
Return on capital16.8%
Graham number -70.4%$9.86

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($9.86); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.20% 14.60% 7.30% 8.70% 13.50% 40.50% 34.30% 98.40% 13.10% 12.30% 2016201720182019202020212022202320242025
Gross margin (%)
38.80% 37.20% 35.30% 33.90% 36.70% 41.70% 38.50% 37.70% 38.20% 38.50% 2016201720182019202020212022202320242025
Operating margin (%)
20.50% 18.90% 17.30% 16.70% 20.60% 23.10% 17.80% 17.10% 22.70% 22.80% 2016201720182019202020212022202320242025
Return on equity (%)
312.50% 138.40% 698.70% 114.00% 62.20% 2016201720182019202020212022202320242025
Shares outstanding
205.0M 204.0M 197.0M 189.0M 188.0M 183.5M 180.4M 162.6M 131.0M 128.6M 2016201720182019202020212022202320242025
Net debt ($)
$552.0M $833.0M $1.20B $1.17B $1.20B $1.55B $1.50B $1.15B $1.00B $1.02B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
15.00% 15.90% 9.00% 10.10% 10.40% 13.20% 12.40% 49.10% 8.70% 7.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
12.70% -9.50% 9.90% 9.10% 9.40% 29.00% 12.30% 12.00% 3.60% 2.80% 2016201720182019202020212022202320242025
Debt / equity (×)
12.47× 4.97× 7.69× 5.77× 3.17× 2016201720182019202020212022202320242025
EPS ($)
$1.60 $1.49 $0.84 $1.10 $1.69 $2.29 $2.35 $8.73 $1.61 $1.64 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

VALVOLINE INC trades at about 20.3× earnings — above its 10-year norm (10-year range 3.4×–25×, median 16.1×).

3.4× 25×

Shaded band = 10-year range (3.4×–25×); dot = today's 20.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin38.5%38.2%37.7%38.5%41.7%36.7%33.9%35.3%37.2%38.8%
Operating margin22.8%22.7%17.1%17.8%23.1%20.6%16.7%17.3%18.9%20.5%
Net margin12.3%13.1%98.4%34.3%40.5%13.5%8.7%7.3%14.6%14.2%
FCF margin2.8%3.6%12.0%12.3%29.0%9.4%9.1%9.9%-9.5%12.7%
Return on assets7.9%8.7%49.1%12.4%13.2%10.4%10.1%9.0%15.9%15.0%
Return on equity62.2%114.0%698.7%138.4%312.5%-417.1%-80.6%-46.4%-259.8%-82.7%
Debt / equity3.17×5.77×7.69×4.97×12.47×-25.82×-5.14×-3.61×-8.84×-2.19×
Current ratio0.700.722.591.761.823.241.881.761.651.82

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.