WD-40 reports record earnings and 17th straight dividend hike in 2025
WD-40 Company (WDFC) has reported strong financial results for fiscal 2025 and the first quarter of 2026. The business, known for its maintenance products, continues to deliver steady growth while rewarding shareholders with rising dividends. Its latest earnings and dividend increase highlight its position as a reliable long-term investment. In fiscal 2025, WDFC generated $620 million in net sales. The company maintained a 62% payout ratio and offered shareholders a 1.66% dividend yield. Management recently raised the quarterly dividend by over 8%, marking the 17th consecutive year of increases. The annual dividend now stands at $4.08 per share.
The company's Q1 FY2026 results showed $154.4 million in net sales, with gross margins at 56.2%. Earnings per share reached $1.28, reinforcing its financial stability. WDFC's stock traded at $216.11 as of March 25th, with a trailing price-to-earnings ratio of 32.50. WDFC's business model centres on essential maintenance products, with 96% of revenue coming from this segment. Its flagship WD-40 Multi-Use Product remains the most recognised offering. The company operates across three regions—the Americas, EIMEA, and Asia-Pacific—selling in over 176 countries. Despite strong brand recognition, only 25% of its core product's potential global market has been tapped, leaving a $1.4 billion growth opportunity.
WDFC's consistent dividend growth and solid financial performance reflect its stable income and expansion potential. With a focus on shareholder returns and untapped market opportunities, the company remains positioned for continued growth. Investors continue to view it as a dependable long-term compounder.
