WD-40 Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. WD-40 Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $590,557,000. The net income raised on $69,644,000 and profit margin reached 12%. Total operating expenses were $218,876,000.
Profit Margin
| 2015 | 378.15M | 44.80M | 11.85% |
|---|---|---|---|
| 2016 | 380.67M | 52.62M | 13.83% |
| 2017 | 380.50M | 52.93M | 13.91% |
| 2018 | 408.51M | 65.21M | 15.96% |
| 2019 | 423.35M | 55.90M | 13.21% |
| 2020 | 408.49M | 60.71M | 14.86% |
| 2021 | 488.10M | 70.22M | 14.39% |
| 2022 | 518.82M | 67.32M | 12.98% |
| 2023 | 537.25M | 65.99M | 12.28% |
| 2024 | 590.55M | 69.64M | 11.79% |
WDFC Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 590.55M | 537.25M | 518.82M | 488.10M | 408.49M | 423.35M | 408.51M | 380.50M | 380.67M | 378.15M |
Cost of revenue | 275.33M | 263.03M | 264.05M | 224.37M | 185.48M | 191.01M | 183.25M | 166.62M | 166.30M | 177.97M |
Gross profit | 315.22M | 274.22M | 254.76M | 263.73M | 223.01M | 232.34M | 225.26M | 213.88M | 214.36M | 200.17M |
Operating exp. | ||||||||||
Research and development | 0 | 6.2M | 5.1M | 5.6M | 6M | 6.5M | 7M | 8.4M | 7.7M | 9M |
Selling and marketing | 33.91M | 28.80M | 27.34M | 27.95M | 21.60M | 23.30M | 22.31M | 20.53M | 22.27M | 22.87M |
Total operating expenses | 218.87M | 184.49M | 167.43M | 174.89M | 145.79M | 149.95M | 146.65M | 137.97M | 143.02M | 134.78M |
Operating income | 96.35M | 89.72M | 87.33M | 88.84M | 77.22M | 82.38M | 78.60M | 75.90M | 71.34M | 65.39M |
Other income (expenses), net | -4.84M | -4.56M | -3.22M | -2.34M | -1.70M | -1.61M | 339K | -1.28M | 2.46M | -2.28M |
Income before tax | 91.50M | 85.16M | 84.10M | 86.49M | 75.51M | 80.77M | 75.17M | 74.62M | 72.78M | 63.11M |
Income tax expense | 21.86M | 19.17M | 16.77M | 16.27M | 14.80M | 24.86M | 9.96M | 21.69M | 20.16M | 18.30M |
Net income | 69.64M | 65.99M | 67.32M | 70.22M | 60.71M | 55.90M | 65.21M | 52.93M | 52.62M | 44.80M |
Earnings per share | ||||||||||
Basic EPS | 5.12 | 4.84 | 4.91 | 5.11 | 4.41 | 4.03 | 4.68 | 3.73 | 3.65 | 3.05 |
Diluted EPS | 5.11 | 4.83 | 4.9 | 5.09 | 4.4 | 4.02 | 4.67 | 3.72 | 3.64 | 3.04 |
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