WinstonWınston
Back
WD-40 Company logo

WD-40 Company

WDFC
60
Chemicals - Specialty · Basic Materials
Price
$217.08
+5.16 (+2.43%)
Market Cap
$2.91B
Exchange
NASDAQ
Winston Score
60
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through May 31, 2026
How the score breaks down
Quality
Exceptional
Growth
Good
Cash Flow
Strong
Stability
Exceptional
Valuation
Weak
Dividends
Mixed

Share count falling — buybacks

1.2% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 13.7M (2021) → 13.6M (2025)

Winston Score History

The full picture

WD-40 Company makes the famous blue-and-yellow can of lubricant spray that people use to stop squeaks, loosen stuck bolts, and protect metal from rust. Its flagship product, WD-40 Multi-Use Product, is sold to everyday consumers, mechanics, and industrial workers in hardware stores, auto parts shops, and big-box retailers worldwide. The company also sells household maintenance products under the 3-IN-ONE and GT85 brands.

WD-40 earns money by selling its products directly through retail and distribution partners, not through subscriptions or licensing. It operates in over 176 countries, with meaningful revenue coming from the Americas, Europe, and Asia-Pacific. Its main competitive advantage is brand recognition — WD-40 is so well-known that many people use the brand name as a generic word for lubricant spray. The key growth driver is expanding sales in underpenetrated markets like China and India, while the main risk is that its heavy reliance on a single iconic product leaves little room if consumer demand or raw material costs shift unfavorably.

Politician Trades

1 trades / 12mo

0 Congressional buys and 1 sell on WDFC in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+24.3% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+45.5% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (3%)

Research and development spending

Insider Activity

0.4%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$59M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

WD-40 Company is a rare growth stock that's already generating positive cash flow while growing at 24%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
56.6%
Premium pricing power — 56.6% gross margin
Profit after running costs
Operating Margin
20.7%
Excellent — 20.7% operating margin
Return on the money invested
ROCE
31.1%
Exceptional — 31.1% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+10.2%
Steady sales growth (+10.2% YoY)
Profit growth
EPS YoY
+3.8%
Modest earnings growth (+3.8% YoY)

Single-digit earnings growth — steady but not exciting.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
95%
Turns 95% of profit into real cash
Spare cash per sale
FCF Margin
11.8%
Modest free cash flow (11.8%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.36
Conservative — low debt load (0.36)
Covers its interest
Interest Cover
29.01x
Comfortably covers interest (29.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
32.9x
Pricey — P/E 32.9

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
-4.1
SLOWING
Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
1.74%
Small dividend — 1.74% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record
Dividend Growth
+8.1%
Dividend growing modestly (8.1% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial