WD 40 profit margin WDFC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 13.2%
- Operating margin, 12 months
- 17.5%
- Net margin on a year earlier
- −0.9 pts
- Peer median
- 6.1%
Over the twelve months to May 31, 2026, WD 40 kept 13.2% of its revenue as net profit, with an operating margin of 17.5% and a gross margin of 55.8%.
Five years earlier its net margin was 16.8%.
The median for 10 chemicals stocks of a similar size is 6.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 14.7% | 16.7% | 55.1% |
| FY2024 | 11.8% | 16.3% | 53.4% |
| FY2023 | 12.3% | 16.7% | 51.0% |
| FY2022 | 13.0% | 16.8% | 49.1% |
| FY2021 | 14.4% | 18.2% | 54.0% |
| FY2020 | 14.9% | 18.9% | 54.6% |
| FY2019 | 13.2% | 19.5% | 54.9% |
| FY2018 | 16.0% | 19.2% | 55.1% |
| FY2017 | 13.9% | 19.9% | 56.2% |
| FY2016 | 13.8% | 18.7% | 56.3% |
| FY2015 | 11.8% | 17.3% | 52.9% |
| FY2014 | 11.4% | 16.6% | 51.9% |
| FY2013 | 10.8% | 15.4% | 51.3% |
| FY2012 | 10.4% | 15.1% | 49.2% |
| FY2011 | 10.8% | 16.1% | 50.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 13.2% | −0.9 pts | 17.5% | |
| Q2 FY26 | 12.6% | −1.4 pts | 16.5% | |
| Q1 FY26 | 14.4% | +2.6 pts | 16.4% | |
| Q4 FY25 | 14.7% | +2.9 pts | 16.7% | |
| Q3 FY25 | 14.1% | +2.1 pts | 16.3% | |
| Q2 FY25 | 14.0% | +1.8 pts | 16.3% | |
| Q1 FY25 | 11.8% | −0.8 pts | 16.1% | |
| Q4 FY24 | 11.8% | −0.5 pts | 16.3% | |
| Q3 FY24 | 12.1% | −0.1 pts | 16.6% | |
| Q2 FY24 | 12.2% | +0.5 pts | 16.7% | |
| Q1 FY24 | 12.6% | +0.2 pts | 17.2% | |
| Q4 FY23 | 12.3% | −0.7 pts | 16.7% |
Against its peers
Companies in Chemicals nearest WD 40's size, closest first, today.
| Company | Profit margin |
|---|---|
| WDFCWD 40 | 13.2% |
| FULFuller H B | 5.6% |
| IOSPInnospec | 6.6% |
| NGVTIngevity | 4.7% |
| ROGRogers | 3.7% |
| AVNTAvient | 5.1% |
| CBTCabot | 5.2% |
| CSWCSW Industrials | 10.3% |
| BCPCBalchem | 15.1% |
| HXLHexcel | 7.8% |
| CRONCronos | 39.1% |
| Peer median | 6.1% |
Where WD 40 ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on WD 40
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.