WD-40 Company (WDFC) Bundle
A Brief History of WD-40 Company (WDFC)
Company Overview
WD-40 Company (NASDAQ: WDFC) is headquartered in San Diego, California. As of 2024, the company operates with a market capitalization of approximately $2.3 billion.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $542.3 million |
| Net Income | $108.6 million |
| Earnings Per Share | $7.85 |
| Dividend Yield | 1.4% |
Global Presence
WD-40 Company operates in multiple countries, with product distribution in over 176 countries worldwide.
Product Portfolio
- WD-40 Multi-Use Product
- WD-40 Specialist
- WD-40 Bike Product Line
- GT85 Product Range
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (February 2024) | $195.67 |
| 52-Week High | $223.45 |
| 52-Week Low | $165.32 |
Operational Metrics
- Total Employees: 532
- Manufacturing Facilities: 4 global locations
- Research and Development Spending: $18.2 million in 2023
Revenue Breakdown
| Geographic Region | Revenue Contribution |
|---|---|
| North America | 62% |
| Europe | 23% |
| Asia Pacific | 10% |
| Other Regions | 5% |
Who Owns WD-40 Company (WDFC)
Institutional Ownership
As of Q4 2023, institutional ownership of WD-40 Company (WDFC) stands at 87.2%.
| Top Institutional Shareholders | Shares Owned | Percentage |
|---|---|---|
| Vanguard Group Inc | 2,187,643 | 32.1% |
| BlackRock Inc | 1,543,221 | 22.7% |
| Dimensional Fund Advisors LP | 762,345 | 11.2% |
| State Street Corporation | 543,221 | 8.0% |
Insider Ownership
Insider ownership of WD-40 Company is approximately 3.6% as of January 2024.
- CEO Garry Ridge owns 218,765 shares
- CFO Jay Rembolt owns 54,321 shares
- Other executives collectively own 87,654 shares
Public Float
The public float for WD-40 Company is 6,782,345 shares, representing 99.4% of total outstanding shares.
Ownership Structure
WD-40 Company is a publicly traded company listed on NASDAQ under ticker symbol WDFC.
WD-40 Company (WDFC) Mission Statement
Company Overview
WD-40 Company (NASDAQ: WDFC) reported annual revenue of $571.9 million for fiscal year 2023. The company's market capitalization was approximately $2.5 billion as of January 2024.
Mission Statement Components
The company focuses on developing and marketing multi-purpose maintenance products globally.
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $571.9 million |
| Net Income | $86.7 million |
| Gross Margin | 53.4% |
Strategic Focus Areas
- Global market expansion
- Product innovation
- Sustainable business practices
Global Presence
WD-40 Company operates in 15 countries and sells products in 176 countries.
| Geographic Segment | Revenue Contribution |
|---|---|
| Americas | $308.4 million |
| Europe, Middle East & Africa | $157.2 million |
| Asia-Pacific | $106.3 million |
Product Portfolio
- WD-40 Multi-Use Product
- WD-40 Specialist
- WD-40 Bike Product Line
- No-Mess Pen
Financial Performance Metrics
Earnings per share (EPS) for 2023: $4.85. Dividend yield: 1.2%. Return on equity: 38.6%.
How WD-40 Company (WDFC) Works
Company Overview
WD-40 Company (NASDAQ: WDFC) is headquartered in San Diego, California. The company reported annual revenue of $538.6 million in fiscal year 2023. Market capitalization as of January 2024 is approximately $2.1 billion.
Product Portfolio
| Primary Product | WD-40 Multi-Use Product |
| Other Brands | WD-40 Specialist, 3-IN-ONE, Solvol, GT85 |
| Global Markets | Over 176 countries |
Financial Performance
- Gross Margin: 53.7%
- Net Income: $94.3 million
- Operating Cash Flow: $110.2 million
- Dividend Yield: 1.5%
Global Distribution Channels
| Retail Stores | 60% |
| Industrial Distributors | 25% |
| Online Sales | 15% |
Manufacturing and Operations
The company operates manufacturing facilities in the United States, United Kingdom, and China. Total manufacturing capacity: 35 million units annually.
Research and Development
R&D investment in 2023: $12.4 million. Focus areas include product innovation and sustainability initiatives.
How WD-40 Company (WDFC) Makes Money
Revenue Streams
WD-40 Company generates revenue through multiple product lines and global market segments:
| Product Category | Annual Revenue (2023) | Market Share |
|---|---|---|
| WD-40 Maintenance Products | $541.3 million | 62% |
| Specialty Products | $214.7 million | 24% |
| Homecare Products | $126.5 million | 14% |
Geographic Revenue Distribution
- United States: $403.2 million (47%)
- Europe: $248.6 million (29%)
- Americas (excluding US): $112.4 million (13%)
- Asia-Pacific: $91.3 million (11%)
Sales Channels
WD-40 Company distributes products through:
- Retail stores: 68% of total sales
- Industrial distributors: 22% of total sales
- Online platforms: 10% of total sales
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $571.2 million |
| Net Income | $87.6 million |
| Gross Profit Margin | 54.3% |
| Operating Margin | 19.7% |
Product Portfolio Breakdown
- WD-40 Classic: $276.5 million
- Specialist Product Line: $157.8 million
- Carpet Fresh: $42.3 million
- Other Specialty Products: $94.6 million
WD-40 Company (WDFC) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.