Revenue
$1.71B
Fiscal year ended 2025-09-30Operating income
$389.90M
Fiscal year ended 2025-09-30Free cash flow
$38.00M
Fiscal year ended 2025-09-30VALVOLINE INC (VVV) reported revenue of $1.71B and net income of $210.70M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from VALVOLINE INC’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.62B | $1.44B | $1.24B | $1.04B | $727.00M | $2.39B | $2.28B | $2.08B | $1.93B |
| Cost of revenue | $1.05B | $1.00B | $899.00M | $759.70M | $604.90M | $426.00M | $1.58B | $1.48B | $1.31B | $1.18B |
| Gross profit | $658.50M | $618.80M | $544.50M | $476.40M | $432.30M | $301.00M | $810.00M | $806.00M | $776.00M | $748.00M |
| Operating income | $389.90M | $367.20M | $247.20M | $220.30M | $240.10M | $160.20M | $398.00M | $395.00M | $394.00M | $396.00M |
| Net income | $210.70M | $211.50M | $1.42B | $424.30M | $420.30M | $316.60M | $208.00M | $166.00M | $304.00M | $273.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | $15.00M | $13.00M | $13.00M | $14.00M | $13.00M | $13.00M |
| Weighted-average diluted shares | shares 128.60M | shares 131.00M | shares 162.60M | shares 180.40M | shares 183.50M | shares 187.50M | shares 189.00M | shares 197.00M | shares 204.00M | shares 170.00M |
| Pretax income | $292.30M | $283.60M | $236.50M | $144.10M | $260.00M | $123.00M | $265.00M | $332.00M | $490.00M | $421.00M |
| Income tax expense | $77.50M | $69.10M | $37.10M | $34.70M | $59.90M | $53.40M | $57.00M | $166.00M | $186.00M | $148.00M |
| Diluted EPS | $1.64 | $1.61 | $8.73 | $2.35 | $2.29 | $1.69 | $1.10 | $0.84 | $1.49 | $1.60 |
| Selling, general & administrative | $349.90M | $305.10M | $264.50M | $244.70M | $223.90M | $177.20M | $449.00M | $430.00M | $396.00M | $365.00M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $51.60M | $68.30M | $409.10M | $23.40M | $122.60M | $639.70M | $159.00M | $96.00M | $201.00M | $172.00M |
| Total assets | $2.67B | $2.44B | $2.89B | $3.42B | $3.19B | $3.05B | $2.06B | $1.85B | $1.92B | $1.82B |
| Current assets | $243.70M | $255.40M | $936.70M | $1.62B | $1.04B | $1.44B | $797.00M | $725.00M | $790.00M | $730.00M |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $347.40M | $353.90M | $362.30M | $919.40M | $568.70M | $444.00M | $423.00M | $411.00M | $478.00M | $400.00M |
| Total equity incl. NCI | $338.50M | $185.60M | $203.20M | $306.60M | $134.50M | -$76.00M | -$257.80M | -$358.00M | -$117.00M | -$330.00M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $42.60M | $39.70M | $33.30M | $29.40M | $27.40M | $199.00M | $194.00M | $176.00M | $175.00M | $139.00M |
| Accounts receivable | $89.60M | $86.40M | $81.30M | $66.10M | $65.30M | $433.00M | $401.00M | $409.00M | $385.00M | $363.00M |
| Goodwill | $658.00M | $615.30M | $578.00M | $548.20M | $512.80M | $316.10M | $430.00M | $381.00M | $330.00M | $264.00M |
| Long-term debt | $1.05B | $1.07B | $1.56B | $1.53B | $1.64B | $1.96B | $1.33B | $1.29B | $1.03B | $724.00M |
| Accounts payable | $118.90M | $117.40M | $118.70M | $45.00M | $38.60M | $189.00M | $171.00M | $178.00M | $192.00M | $177.00M |
Cash flow
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $297.20M | $265.10M | -$40.80M | $284.20M | $403.90M | $371.70M | $325.00M | $320.00M | -$130.00M | $311.00M |
| Capital expenditures | $259.20M | $224.40M | $180.50M | $132.00M | $103.10M | $94.00M | $108.00M | $93.00M | $68.00M | $66.00M |
| Investing cash flow | -$201.10M | $136.80M | $2.04B | -$207.60M | -$399.90M | -$222.60M | -$188.00M | -$213.00M | -$135.00M | -$148.00M |
| Financing cash flow | -$112.90M | -$746.30M | -$1.67B | -$218.90M | -$535.50M | $450.30M | -$71.00M | -$209.00M | $295.00M | $10.00M |
| Net change in cash | -$17.10M | -$344.40M | $329.20M | -$147.50M | -$529.10M | $601.10M | $63.00M | -$105.00M | $29.00M | $172.00M |
| Stock-based compensation | $10.50M | $12.00M | $12.20M | $14.40M | $13.70M | $12.10M | $9.00M | $12.00M | $9.00M | $0 |
| Common dividends paid | $0 | $0 | $21.80M | $89.20M | $90.90M | $84.30M | $80.00M | $58.00M | $40.00M | $0 |
| Common share repurchases | $76.80M | $226.80M | $1.52B | $142.60M | $126.90M | $59.80M | $0 | $325.00M | $50.00M | $0 |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $38.00M | $40.70M | -$221.30M | $152.20M | $300.80M | $277.70M | $217.00M | $227.00M | -$198.00M | $245.00M |
| Gross margin | 38.5% | 38.2% | 37.7% | 38.5% | 41.7% | 41.4% | 33.9% | 35.3% | 37.2% | 38.8% |
| Operating margin | 22.8% | 22.7% | 17.1% | 17.8% | 23.1% | 22.0% | 16.7% | 17.3% | 18.9% | 20.5% |
| FCF margin | 2.2% | 2.5% | -15.3% | 12.3% | 29.0% | 38.2% | 9.1% | 9.9% | -9.5% | 12.7% |
| SBC / revenue | 0.6% | 0.7% | 0.8% | 1.2% | 1.3% | 1.7% | 0.4% | 0.5% | 0.4% | 0.0% |
| Current ratio | 0.70x | 0.72x | 2.59x | 1.76x | 1.82x | 3.24x | 1.88x | 1.76x | 1.65x | 1.82x |
| Revenue YoY growth | 5.6% | 12.2% | 16.8% | 19.2% | 42.7% | -69.6% | 4.6% | 9.6% | 8.0% | Unavailable |
| Net margin | 12.3% | 13.1% | 98.4% | 34.3% | 40.5% | 43.5% | 8.7% | 7.3% | 14.6% | 14.2% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 0.5% | 0.6% | 0.6% | 0.7% |
| CapEx / revenue | 15.2% | 13.9% | 12.5% | 10.7% | 9.9% | 12.9% | 4.5% | 4.1% | 3.3% | 3.4% |
| Long-term debt / equity | 3.10x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 26.5% | 24.4% | 15.7% | 24.1% | 23.0% | 43.4% | 21.5% | 50.0% | 38.0% | 35.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open VVV in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-Q · Filed 2026-02-04View SEC filing
10-K · Filed 2025-11-21View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Companies in the same industry
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.