VALVOLINE INC (VVV)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017
Total Revenue453,800,000$439,000,000$403,200,000$414,300,000$435,500,000$421,400,000$388,700,000$373,400,000$390,000,000$376,200,000$344,500,000$332,800,000$335,400,000$317,400,000$296,000,000$287,300,000$295,200,000$281,600,000$244,900,000$215,500,000$652,000,000$516,000,000$578,000,000$607,000,000$629,000,000$613,000,000$591,000,000$557,000,000$594,000,000$577,000,000$569,000,000$545,000,000$547,000,000$534,000,000$514,000,000$489,000,000$494,000,000$499,000,000$480,000,000$456,000,000$
QoQ%3.37%8.88%(2.68%)(4.87%)3.35%8.41%4.10%(4.26%)3.67%9.20%3.52%(.78%)5.67%7.23%3.03%(2.68%)4.83%14.99%13.64%(66.95%)26.36%(10.73%)(4.78%)(3.50%)2.61%3.72%6.10%(6.23%)2.95%1.41%4.40%(.37%)2.43%3.89%5.11%(1.01%)(1.00%)3.96%5.26%
YoY%4.20%4.18%3.73%10.95%11.67%12.02%12.83%12.20%16.28%18.53%16.39%15.84%13.62%12.71%20.87%33.32%(54.72%)(45.43%)(57.63%)(64.50%)3.66%(15.82%)(2.20%)8.98%5.89%6.24%3.87%2.20%8.59%8.05%10.70%11.45%10.73%7.01%7.08%7.24%
Cost Of Revenue276,300,000$261,400,000$252,700,000$261,400,000$265,200,000$253,900,000$242,500,000$238,600,000$241,700,000$225,500,000$217,800,000$214,000,000$206,300,000$189,600,000$188,700,000$175,100,000$175,800,000$155,600,000$139,400,000$134,100,000$394,000,000$329,000,000$371,000,000$396,000,000$412,000,000$406,000,000$388,000,000$374,000,000$391,000,000$376,000,000$362,000,000$350,000,000$349,000,000$337,000,000$316,000,000$304,000,000$300,000,000$300,000,000$288,000,000$280,000,000$
Gross Profit177,500,000$177,600,000$150,500,000$152,900,000$170,300,000$167,500,000$146,200,000$134,800,000$148,300,000$150,700,000$126,700,000$118,800,000$129,100,000$127,800,000$107,300,000$112,200,000$119,400,000$126,000,000$105,500,000$81,400,000$258,000,000$187,000,000$207,000,000$211,000,000$217,000,000$207,000,000$203,000,000$183,000,000$203,000,000$201,000,000$207,000,000$195,000,000$196,000,000$197,000,000$198,000,000$185,000,000$181,000,000$199,000,000$192,000,000$176,000,000$
Gross Margin39.11%40.46%37.33%36.91%39.10%39.75%37.61%36.10%38.03%40.06%36.78%35.70%38.49%40.27%36.25%39.05%40.45%44.74%43.08%37.77%39.57%36.24%35.81%34.76%34.50%33.77%34.35%32.86%34.18%34.84%36.38%35.78%35.83%36.89%38.52%37.83%36.64%39.88%40.00%38.60%
Operating Expenses93,000,000$82,900,000$83,600,000$9,100,000$35,700,000$74,100,000$69,800,000$72,000,000$78,100,000$64,200,000$65,500,000$89,500,000$61,900,000$66,700,000$67,300,000$60,200,000$31,700,000$56,700,000$54,300,000$49,500,000$82,000,000$99,000,000$90,000,000$107,000,000$104,000,000$105,000,000$107,000,000$96,000,000$98,000,000$99,000,000$107,000,000$107,000,000$83,000,000$110,000,000$98,000,000$91,000,000$63,000,000$86,000,000$88,000,000$80,000,000$
Operating Income84,500,000$94,700,000$66,900,000$143,800,000$134,600,000$93,400,000$76,400,000$62,800,000$70,200,000$86,500,000$61,200,000$29,300,000$67,200,000$61,100,000$40,000,000$52,000,000$87,700,000$69,300,000$51,200,000$31,900,000$176,000,000$88,000,000$117,000,000$104,000,000$113,000,000$102,000,000$96,000,000$87,000,000$105,000,000$102,000,000$100,000,000$88,000,000$113,000,000$87,000,000$100,000,000$94,000,000$118,000,000$113,000,000$104,000,000$96,000,000$
Operating Margin18.62%21.57%16.59%34.71%30.91%22.16%19.66%16.82%18.00%22.99%17.77%8.80%20.04%19.25%13.51%18.10%29.71%24.61%20.91%14.80%26.99%17.05%20.24%17.13%17.97%16.64%16.24%15.62%17.68%17.68%17.58%16.15%20.66%16.29%19.46%19.22%23.89%22.65%21.67%21.05%
Interest Income
Interest Expenses
Income Before Tax37,200,000$77,000,000$50,900,000$127,200,000$115,300,000$65,200,000$57,300,000$45,800,000$97,900,000$87,400,000$44,300,000$6,900,000$14,500,000$53,000,000$32,300,000$44,300,000$158,200,000$66,300,000$10,800,000$24,700,000$188,000,000$78,000,000$88,000,000$97,000,000$28,000,000$85,000,000$80,000,000$72,000,000$57,000,000$97,000,000$94,000,000$84,000,000$177,000,000$94,000,000$109,000,000$110,000,000$109,000,000$113,000,000$103,000,000$96,000,000$
Tax Expenses11,600,000$20,000,000$12,600,000$33,300,000$26,200,000$17,000,000$14,000,000$11,900,000$22,900,000$22,900,000$11,400,000$(20,100,000$)2,100,000$13,200,000$9,300,000$10,100,000$(23,100,000$)31,000,000$22,000,000$30,000,000$28,000,000$19,000,000$25,000,000$24,000,000$1,000,000$20,000,000$(2,000,000$)19,000,000$2,000,000$3,000,000$2,000,000$71,000,000$72,000,000$38,000,000$38,000,000$38,000,000$44,000,000$38,000,000$35,000,000$31,000,000$
Net Income25,000,000$56,500,000$37,600,000$91,600,000$92,300,000$45,900,000$41,400,000$31,900,000$48,900,000$61,600,000$1,227,300,000$81,900,000$157,700,000$98,200,000$81,400,000$87,000,000$168,900,000$96,900,000$67,800,000$86,700,000$122,000,000$59,000,000$63,000,000$73,000,000$27,000,000$65,000,000$63,000,000$53,000,000$45,000,000$64,000,000$67,000,000$(10,000,000$)105,000,000$56,000,000$71,000,000$72,000,000$65,000,000$75,000,000$68,000,000$65,000,000$
Profit Margin5.51%12.87%9.33%22.11%21.19%10.89%10.65%8.54%12.54%16.37%356.26%24.61%47.02%30.94%27.50%30.28%57.22%34.41%27.69%40.23%18.71%11.43%10.90%12.03%4.29%10.60%10.66%9.52%7.58%11.09%11.78%(1.84%)19.20%10.49%13.81%14.72%13.16%15.03%14.17%14.25%
TTM12.32%16.43%15.97%16.34%13.06%10.68%12.03%92.29%98.35%110.05%117.67%32.71%34.33%36.42%37.43%37.93%40.52%26.79%20.60%16.86%13.47%9.53%9.39%9.34%8.70%9.60%9.70%9.97%7.27%10.10%9.93%10.37%14.59%13.00%14.18%14.27%14.15%
Earnings to Minority
Earnings to Common Shareholders25,000,000$56,500,000$37,600,000$91,600,000$92,300,000$45,900,000$41,400,000$31,900,000$48,900,000$61,600,000$1,227,300,000$81,900,000$157,700,000$98,200,000$81,400,000$87,000,000$168,900,000$96,900,000$67,800,000$86,700,000$122,000,000$59,000,000$63,000,000$73,000,000$27,000,000$65,000,000$63,000,000$53,000,000$45,000,000$64,000,000$67,000,000$(10,000,000$)105,000,000$56,000,000$71,000,000$72,000,000$65,000,000$75,000,000$68,000,000$65,000,000$
QoQ%(55.75%)50.27%(58.95%)(.76%)101.09%10.87%29.78%(34.77%)(20.62%)(94.98%)1,398.54%(48.07%)60.59%20.64%(6.44%)(48.49%)74.30%42.92%(21.80%)(28.93%)106.78%(6.35%)(13.70%)170.37%(58.46%)3.18%18.87%17.78%(29.69%)(4.48%)770.00%(109.52%)87.50%(21.13%)(1.39%)10.77%(13.33%)10.29%4.62%
YoY%(72.91%)23.09%(9.18%)187.15%88.75%(25.49%)(96.63%)(61.05%)(68.99%)(37.27%)1,407.74%(5.86%)(6.63%)1.34%20.06%.35%38.44%64.24%7.62%18.77%351.85%(9.23%).00%37.74%(40.00%)1.56%(5.97%)630.00%(57.14%)14.29%(5.63%)(113.89%)61.54%(25.33%)4.41%10.77%
Earnings Per Share, Basic0.20$0.44$0.29$0.71$0.71$0.35$0.32$0.24$0.35$0.38$7.15$0.47$0.89$0.55$0.45$0.48$0.93$0.53$0.37$0.47$0.66$0.32$0.34$0.39$0.14$0.34$0.33$0.28$0.24$0.33$0.34$(0.05$)0.52$0.27$0.35$0.35$0.65$0.44$0.33$0.32$
Earnings Per Share, Diluted0.19$0.44$0.29$0.71$0.71$0.35$0.32$0.24$0.35$0.38$7.11$0.46$0.88$0.55$0.45$0.48$0.93$0.53$0.37$0.47$0.65$0.32$0.34$0.39$0.14$0.34$0.33$0.28$0.24$0.33$0.34$(0.05$)0.52$0.27$0.35$0.35$0.65$0.44$0.33$0.32$
Unlevered FCF Per Share, Basic0.18$0.25$(0.04$)(0.10$)0.23$0.08$0.18$(0.17$)(0.34$)(1.27$)0.46$(0.28$)0.28$0.36$0.21$0.00$0.61$0.41$0.40$0.24$0.54$0.43$0.35$0.16$0.40$0.29$0.15$0.31$0.51$0.27$0.36$0.03$(1.54$)0.35$(0.18$)0.39$0.91$0.45$0.20$0.17$
Unlevered FCF Per Share, Diluted0.18$0.25$(0.04$)(0.10$)0.23$0.08$0.18$(0.17$)(0.34$)(1.26$)0.46$(0.28$)0.28$0.35$0.21$0.00$0.61$0.40$0.39$0.24$0.54$0.43$0.35$0.16$0.40$0.29$0.15$0.31$0.51$0.27$0.36$0.03$(1.54$)0.35$(0.18$)0.39$0.91$0.45$0.20$0.17$
Average Shares, Basic127,700,000127,600,000127,600,000128,700,000129,400,000129,400,000129,800,000131,800,000138,000,000161,500,000171,700,000175,200,000177,500,000178,600,000179,800,000180,500,000181,000,000182,000,000182,000,000185,000,000185,000,000186,000,000188,000,000189,000,000190,000,000189,000,000189,000,000188,000,000191,000,000195,000,000200,000,000202,000,000202,000,000204,000,000205,000,000205,000,000100,000,000170,000,000205,000,000205,000,000
Average Shares, Diluted128,500,000128,200,000128,200,000129,500,000130,400,000130,200,000130,700,000132,700,000138,900,000162,500,000172,700,000176,300,000178,800,000179,800,000181,000,000182,000,000182,000,000183,000,000183,000,000186,000,000187,000,000186,000,000188,000,000189,000,000189,000,000189,000,000189,000,000189,000,000190,000,000196,000,000200,000,000202,000,000202,000,000204,000,000205,000,000205,000,000100,000,000170,000,000205,000,000205,000,000
EBIT37,200,000$77,000,000$50,900,000$127,200,000$115,300,000$65,200,000$57,300,000$45,800,000$97,900,000$87,400,000$44,300,000$6,900,000$14,500,000$53,000,000$32,300,000$44,300,000$158,200,000$66,300,000$10,800,000$24,700,000$188,000,000$78,000,000$88,000,000$97,000,000$28,000,000$85,000,000$80,000,000$72,000,000$57,000,000$97,000,000$94,000,000$84,000,000$177,000,000$94,000,000$109,000,000$110,000,000$109,000,000$113,000,000$103,000,000$96,000,000$
EBITDA37,200,000$77,000,000$50,900,000$127,200,000$115,300,000$65,200,000$57,300,000$45,800,000$97,900,000$87,400,000$44,300,000$6,900,000$14,500,000$53,000,000$32,300,000$44,300,000$158,200,000$66,300,000$10,800,000$24,700,000$188,000,000$78,000,000$88,000,000$97,000,000$28,000,000$85,000,000$80,000,000$72,000,000$57,000,000$97,000,000$94,000,000$84,000,000$177,000,000$94,000,000$109,000,000$110,000,000$109,000,000$113,000,000$103,000,000$96,000,000$