Stocktoria

WD 40 CO WDFC

Nasdaq · stock · Miscellaneous Chemical Products · website · IPO 1973-01-17 · LEI

WD 40 CO statistics & valuation

Market cap$3.1B
P / E37.2×
P / S4.5×
P / B11.2×
P / FCF31.4×
Dividend yield1.76%
Net margin12.0%
Return on equity30.2%
FCF margin14.2%
Net debt$14.6M
Net debt / EBITDA0.1×
Enterprise value USD$3.1B
EV / EBITDA25.8×
Earnings yield EBIT/EV3.5%
Return on capital28.7%
Graham number -76.5%$52.60

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 ($52.60); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.90% 14.40% 13.00% 12.30% 11.80% 14.70% 12.00% 2020202120222022202320232023202420252026
Gross margin (%)
54.60% 54.00% 49.10% 51.00% 53.40% 55.10% 55.30% 2020202120222022202320232023202420252026
Operating margin (%)
18.90% 18.20% 16.80% 16.70% 16.30% 16.70% 15.80% 2020202120222022202320232023202420252026
Return on equity (%)
37.90% 35.00% 35.70% 31.40% 30.20% 33.90% 30.20% 2020202120222022202320232023202420252026
Shares outstanding
13.7M 13.7M 13.7M 13.6M 13.6M 13.6M 13.6M 13.6M 13.6M 13.5M 2020202120222022202320232023202420252026
Net debt ($)
$56.6M $29.0M $69.3M $71.0M $70.3M $70.5M $61.6M $39.3M $28.1M $14.6M 2020202120222022202320232023202420252026
Share buybacks ($)
2020202120222022202320232023202420252026
Return on assets (%)
16.70% 16.30% 15.50% 15.10% 15.50% 19.10% 16.70% 2020202120222022202320232023202420252026
Free cash flow margin (%)
13.10% 14.30% -1.10% 17.00% 14.90% 13.50% 14.20% 2020202120222022202320232023202420252026
Debt / equity (×)
0.71× 0.57× 0.57× 0.56× 0.55× 0.53× 0.52× 0.37× 0.32× 0.31× 2020202120222022202320232023202420252026
EPS ($)
$4.40 $5.09 $4.90 $4.83 $5.11 $6.69 $6.08 2020202120222022202320232023202420252026

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

WD 40 CO trades at about 36.7× earnings — below its 10-year norm (10-year range 29.5×–50.5×, median 42.1×).

29.5× 50.5×

Shaded band = 10-year range (29.5×–50.5×); dot = today's 36.7×.

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)

RatioFY2026FY2025FY2024FY2023FY2023FY2023FY2022FY2022FY2021FY2020
Gross margin55.3%55.1%53.4%51.0%———49.1%54.0%54.6%
Operating margin15.8%16.7%16.3%16.7%———16.8%18.2%18.9%
Net margin12.0%14.7%11.8%12.3%———13.0%14.4%14.9%
FCF margin14.2%13.5%14.9%17.0%———-1.1%14.3%13.1%
Return on assets16.7%19.1%15.5%15.1%———15.5%16.3%16.7%
Return on equity30.2%33.9%30.2%31.4%———35.7%35.0%37.9%
Debt / equity0.31×0.32×0.37×0.52×0.53×0.55×0.56×0.57×0.57×0.71×
Current ratio2.572.792.472.802.622.262.252.252.813.08

Computed from company filings · US · as of 2026-08-31. Facts plus Stocktoria's own computed scores — not investment advice.