Feed / WDFC

WD-40 Company

WDFC

Basic Materials · 194.71 -2.4% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

WD-40 Company's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company-2.4% todayVolume comparison unavailable
Market group0 of 1 activeMaintenance Products · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • WDFC's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if WDFC's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Basic Materials · Specialty Chemicals

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • WDFC's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements157
Verified relationships0
Evidence supporting the case
  • Net margin changed +2.9 percentage points in the latest annual period.
  • Foreign exchange has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Demand and volume has repeated adverse evidence across 4 filings.
  • Input and raw-material costs has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 53% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 80% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

199.58
6m-12.4%12m-7.2%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-08-31$488.1M+19.5%$5.09+0.1%
2022-08-31$518.8M+6.3%$4.90-0.3%
2023-08-31$537.3M+3.6%$4.83-0.7%
2024-08-31$590.6M+9.9%$5.11-0.2%
2025-08-31$620.0M+5.0%$6.69-0.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
Financing Activities Net cash used in financing activities increased $18.0 million to $30.7 million for the six months ended February 28, 2026 primarily due to increases of treasury stock repurchases of $9.1 million and a decrease in net proceeds from our rev…
10-Q · Apr 9, 2026
Demand and volumemixed · 4 filings
These increased sales were offset by decreased sales in our DACH region due to timing of customer orders.
10-Q · Apr 9, 2026
Foreign exchangemixed · 3 filings
These changes were primarily due to fluctuations in various foreign currency exchange rates from period to period, but the majority is related to the fluctuations in the Euro against the U.S.
10-Q · Apr 9, 2026
Input and raw-material costsmixed · 3 filings
Operating expenses increased $4.6 million primarily due to higher employee-related costs as a result of increased headcount and annual compensation increases, as well as a higher level of A&P expenses and freight.
10-Q · Apr 9, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 4.4× · EV/sales 4.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

194.71-2.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for WDFC. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for WDFC. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind WDFC

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WDFC is currently a Leader in the organic co-movement group Maintenance Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

This group is retained as the last observed read for WDFC; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.