WD-40 Company — Earnings Quality Grade B
WDFC · Basic Materials
Generally healthy
Screening Summary
管理层信号
数据来源：SEC EDGAR 8-K Item 5.02，附 Exhibit 99.1 链接
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 71 days, change -2 days YoY
AR growth 2.6% vs revenue growth 5.0%
Revenue 5.0%, CFFO -4.5%. Cash follows revenue
Expense Quality
Inventory 1.0% vs COGS 1.2%. Normal
CapEx growth 7.7% vs revenue 5.0%. Normal
SG&A/Gross Profit = 69.5%. Normal
Gross margin 55.1%, change +1.7pp. Stable
Cash Flow Quality
CFFO/NI = 0.97. Profits backed by cash
FCF $0.1B, FCF/NI = 0.92
Accruals ratio = 0.6%. Low accruals
Cash $0.1B covers 59% of debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 37% of equity
Debt/EBITDA = 0.9x. Healthy
Other assets 10.3% vs revenue 5.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -4% YoY. Normal
Manipulation Score
M-Score = -2.44 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25