F

Oil-Dri Corporation Of America — Earnings Quality Grade F

ODC · Basic Materials

Major red flags

Revenue
$438M
2023
Net Income
$39M
2023
Gross Margin
28.6%
Free Cash Flow
$25M
01

Screening Summary

4
Passed
3
Watch
1
Failed
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

Insufficient data

!
A2AR vs Revenue Growth

AR growth 14.7% exceeds revenue growth 5.9%

A3Revenue vs CFFO

Insufficient data

02

Expense Quality

B1Inventory vs COGS

Inventory growth 27.3%, COGS data unavailable

B2CapEx vs Revenue

Insufficient data

B3SG&A Ratio

Insufficient data

B4Gross Margin

Gross margin 28.6%, change +3.6pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 1.26. Profits backed by cash

C2Free Cash Flow

Insufficient data

C3Accruals Ratio

Insufficient data

C4Cash vs Debt

Cash $0.0B covers only 33% of debt $0.1B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.0B = 20% of equity. Manageable

D2Leverage

Insufficient data

D3Soft Asset Growth

Insufficient data

D4Asset Impairment

No write-off data

05

Acquisition Risk

!
E1Serial Acquirer FCF

FCF after acquisitions negative for 2/3 years

!
E2Goodwill Surge

Goodwill+Intangibles surged 736% YoY

06

Manipulation Score

F1Beneish M-Score

Insufficient data

Portfolio monitoring

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05

Altman Z-Score

5.16
Safe Zone
0 Distress1.102.605.0+ Safe
0.227
Liquidity
0.6549
Cumulative profit
0
Operating efficiency
1.4622
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25