WD-40 Co
NASDAQ:WDFC
Income Statement
Earnings Waterfall
WD-40 Co
Revenue
|
552.8m
USD
|
Cost of Revenue
|
-267.3m
USD
|
Gross Profit
|
285.6m
USD
|
Operating Expenses
|
-190.3m
USD
|
Operating Income
|
95.3m
USD
|
Other Expenses
|
-26.1m
USD
|
Net Income
|
69.2m
USD
|
Income Statement
WD-40 Co
Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
369
N/A
|
376
+2%
|
379
+1%
|
383
+1%
|
384
+0%
|
387
+1%
|
384
-1%
|
378
-1%
|
374
-1%
|
372
-1%
|
376
+1%
|
381
+1%
|
377
-1%
|
379
+1%
|
381
+0%
|
381
0%
|
389
+2%
|
394
+1%
|
403
+2%
|
409
+1%
|
412
+1%
|
412
N/A
|
419
+2%
|
423
+1%
|
421
-1%
|
419
0%
|
404
-4%
|
409
+1%
|
434
+6%
|
446
+3%
|
485
+9%
|
488
+1%
|
498
+2%
|
516
+4%
|
504
-2%
|
519
+3%
|
509
-2%
|
509
+0%
|
527
+4%
|
537
+2%
|
553
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(178)
|
(181)
|
(182)
|
(184)
|
(185)
|
(185)
|
(182)
|
(178)
|
(172)
|
(169)
|
(167)
|
(166)
|
(163)
|
(163)
|
(166)
|
(167)
|
(172)
|
(175)
|
(180)
|
(183)
|
(185)
|
(185)
|
(189)
|
(191)
|
(191)
|
(192)
|
(185)
|
(186)
|
(195)
|
(198)
|
(217)
|
(224)
|
(236)
|
(251)
|
(252)
|
(264)
|
(258)
|
(258)
|
(263)
|
(263)
|
(267)
|
|
Gross Profit |
191
N/A
|
196
+2%
|
197
+1%
|
199
+1%
|
199
N/A
|
202
+1%
|
202
+0%
|
200
-1%
|
202
+1%
|
203
+1%
|
209
+3%
|
214
+3%
|
214
0%
|
216
+1%
|
216
0%
|
214
-1%
|
217
+1%
|
218
+1%
|
223
+2%
|
225
+1%
|
227
+1%
|
227
+0%
|
231
+1%
|
232
+1%
|
230
-1%
|
228
-1%
|
219
-4%
|
223
+2%
|
240
+7%
|
248
+4%
|
268
+8%
|
264
-1%
|
262
-1%
|
266
+1%
|
252
-5%
|
255
+1%
|
251
-2%
|
251
+0%
|
264
+5%
|
274
+4%
|
286
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(134)
|
(137)
|
(138)
|
(135)
|
(136)
|
(137)
|
(136)
|
(135)
|
(135)
|
(136)
|
(139)
|
(143)
|
(143)
|
(144)
|
(142)
|
(138)
|
(141)
|
(141)
|
(144)
|
(147)
|
(149)
|
(149)
|
(152)
|
(150)
|
(149)
|
(149)
|
(143)
|
(146)
|
(149)
|
(155)
|
(167)
|
(175)
|
(178)
|
(177)
|
(172)
|
(167)
|
(169)
|
(172)
|
(178)
|
(185)
|
(190)
|
|
Selling, General & Administrative |
(128)
|
(129)
|
(130)
|
(133)
|
(128)
|
(128)
|
(127)
|
(132)
|
(126)
|
(127)
|
(131)
|
(132)
|
(132)
|
(133)
|
(131)
|
(127)
|
(130)
|
(131)
|
(133)
|
(137)
|
(139)
|
(139)
|
(142)
|
(141)
|
(140)
|
(139)
|
(134)
|
(138)
|
(141)
|
(147)
|
(160)
|
(168)
|
(171)
|
(170)
|
(165)
|
(161)
|
(162)
|
(166)
|
(172)
|
(177)
|
(183)
|
|
Research & Development |
(2)
|
(4)
|
(5)
|
0
|
(6)
|
(5)
|
(6)
|
0
|
(6)
|
(6)
|
(5)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
|
Depreciation & Amortization |
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Operating Income |
58
N/A
|
59
+2%
|
59
+0%
|
64
+9%
|
63
-2%
|
65
+4%
|
66
+2%
|
65
-1%
|
67
+2%
|
67
+0%
|
70
+3%
|
71
+3%
|
71
-1%
|
72
+1%
|
74
+3%
|
76
+3%
|
77
+1%
|
77
+1%
|
79
+2%
|
79
0%
|
78
-1%
|
78
+0%
|
79
+1%
|
82
+4%
|
81
-2%
|
79
-2%
|
76
-4%
|
77
+2%
|
91
+18%
|
93
+3%
|
101
+8%
|
89
-12%
|
85
-5%
|
89
+5%
|
80
-9%
|
87
+9%
|
82
-6%
|
79
-3%
|
86
+8%
|
90
+4%
|
95
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
0
|
(0)
|
1
|
2
|
0
|
1
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
58
N/A
|
58
N/A
|
58
+0%
|
63
+9%
|
62
-1%
|
63
+2%
|
64
+1%
|
63
-1%
|
65
+2%
|
67
+4%
|
69
+3%
|
73
+5%
|
72
-1%
|
72
-1%
|
74
+4%
|
75
+0%
|
75
+0%
|
75
0%
|
76
+1%
|
75
-1%
|
75
-1%
|
76
+2%
|
77
+2%
|
81
+4%
|
79
-2%
|
77
-3%
|
73
-5%
|
76
+3%
|
89
+18%
|
92
+3%
|
100
+8%
|
87
-13%
|
82
-6%
|
86
+5%
|
77
-10%
|
84
+9%
|
79
-6%
|
75
-4%
|
81
+8%
|
85
+5%
|
91
+6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(17)
|
(17)
|
(17)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(21)
|
(18)
|
(18)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(17)
|
(17)
|
(18)
|
(16)
|
(16)
|
(18)
|
(16)
|
(17)
|
(16)
|
(15)
|
(17)
|
(19)
|
(21)
|
|
Income from Continuing Operations |
40
|
40
|
40
|
44
|
43
|
44
|
45
|
45
|
46
|
49
|
50
|
53
|
52
|
51
|
53
|
53
|
54
|
56
|
58
|
58
|
59
|
60
|
62
|
65
|
63
|
62
|
58
|
61
|
72
|
75
|
82
|
70
|
65
|
68
|
61
|
67
|
63
|
60
|
64
|
66
|
69
|
|
Net Income (Common) |
40
N/A
|
40
0%
|
40
+0%
|
44
+8%
|
43
-2%
|
44
+2%
|
44
+1%
|
45
+0%
|
46
+3%
|
48
+5%
|
50
+4%
|
52
+5%
|
52
-1%
|
51
-3%
|
53
+4%
|
53
+0%
|
54
+2%
|
56
+4%
|
58
+3%
|
65
+13%
|
65
+1%
|
67
+2%
|
69
+3%
|
56
-19%
|
54
-2%
|
53
-3%
|
49
-7%
|
60
+22%
|
72
+19%
|
75
+4%
|
81
+9%
|
70
-14%
|
65
-7%
|
67
+4%
|
61
-10%
|
67
+11%
|
62
-7%
|
60
-5%
|
64
+7%
|
66
+3%
|
69
+5%
|