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WDFC

WD-40 COMPANY

At today's price, WD-40 COMPANY (WDFC) is priced for +24.7% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+24.7% growth
Priced In
high

Key Takeaways

• WD-40 is effectively a one-brand company, with maintenance products now 97% of revenue, and it runs that brand at a gross margin of 55.6%, the kind of pricing power that comes from a household name with no real substitute on the shelf [Source: Q2 FY2026 earnings release, April 2026]. • The biggest risk is the price, not the business: at $228 no family of valuation method reaches the stock, so the premium rests on the brand compounding at a pace well above what a mature consumer-products compan

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Institutional ownership

369 institutional managers reported holding WDFC in 13F filings for the quarter ended 2026-03-31. Together they hold about 88% of the company; the top 10 hold 53%. 40 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 593k shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

WDFC has cut its share count 1.6% over the past five years, spending $75.87M on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting), raised 8 years straight; the current rate is $3.70 a share annually. Cash returned over the past three years: $135.31M in dividends and $39.28M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at WDFC over the trailing three years: 2024: 4 buys totaling $276k; 2025: 7 buys totaling $580k; 2026: 1 buy totaling $105k. 16 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

WDFC's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-11+20.9%-11.9%
2023-10-24-1.7%+15.1%
2024-01-10+14.6%-6.8%
2024-04-10-10.0%-4.8%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

WDFC's latest 8-K filings: 2026-07-09 (items 2.02, 9.01); 2026-06-04 (items 5.02, 7.01); 2026-04-09 (items 2.02, 9.01); 2026-02-19 (items 5.02, 7.01, 9.01); 2026-01-08 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.