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WD-40 CoFRA:WD1 +9.62%95 Operating Margin % is 20.67% as of May. 2026, which is 12% above its 10-year median of 18.47. GuruFocus rates FRA:WD1 with a GF Score™ of 95/100 and a GF Value™ of €230.70. The stock has 6 warning signs investors should review. Among 1,577 Chemicals companies, WD-40 Co ranks better than 87.51% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. WD-40 Co's Operating Income for the
three
months ended in May. 2026 was €34.5 Mil. WD-40 Co's Revenue for the
three
months ended in May. 2026 was €167.0 Mil. Therefore, WD-40 Co's Operating Margin % for the quarter that ended in May. 2026 was 20.67%.
Warning Sign:
WD-40 Co operating margin has been in a 5-year decline. The average rate of decline per year is -2.7%.
The historical rank and industry rank for WD-40 Co's Operating Margin % or its related term are showing as below:
FRA:WD1'
s Operating Margin % Range Over the Past 10 Years
Min: 16.32 Med: 18.47 Max: 19.95
Current: 17.48
FRA:WD1's Operating Margin % is ranked better than 87.51% of 1577
companies
in the Chemicals industry
Industry Median: 6.03
vs FRA:WD1: 17.48
WD-40 Co's 5-Year Average Operating Margin % Growth Rate was -2.70% per year.
WD-40 Co's Operating Income for the
three
months ended in May. 2026 was €34.5 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was €101.0 Mil.
WD-40 Co (FRA:WD1) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
WD-40 Co Operating Margin % Related Terms
WD-40 Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for WD-40 Co's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:WD1 vs HWKN, FUL, AVNT: Operating Margin % Comparison
For the Specialty Chemicals subindustry, WD-40 Co's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
WD-40 Co Operating Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, WD-40 Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where WD-40 Co's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
WD-40 Co's Operating Margin % for the fiscal year that ended in Aug. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WD-40 Co (FRA:WD1) has a Operating Margin % of 20.67% as of May. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on WD-40 Co and its competitors. This is 12% above median its historical median of 18.47. Over the past decade, WD-40 Co's Operating Margin % has ranged from 16.32 to 19.95. According to the industry distribution chart, WD-40 Co ranks #197 out of 1577 companies in the Chemicals industry, placing it in the top 12.5%.
Is WD-40 Co's Operating Margin % too high?
WD-40 Co's current Operating Margin % of 20.67% is 12% above median its 10-year median of 18.47. Over the past 10 years, this metric has ranged from a low of 16.32 to a high of 19.95. The Chemicals industry median Operating Margin % is 6.03. WD-40 Co's value of 20.67% is 242.8% above this industry median. Based on the distribution chart, WD-40 Co ranks #197 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, WD-40 Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does WD-40 Co's Operating Margin % compare to HWKN and FUL?
According to the Chemicals industry distribution chart, WD-40 Co ranks #197 out of 1577 companies for Operating Margin %. This places WD-40 Co in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.03. WD-40 Co's value of 20.67% is 242.8% above this benchmark. Historically, WD-40 Co's own Operating Margin % has ranged from 16.32 to 19.95 over the past decade. While the company's 10-year median is 18.47 vs. the industry median of 6.03, WD-40 Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Chemicals company?
The median Operating Margin % among Chemicals companies is 6.03, based on 1,577 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WD-40 Co's current Operating Margin % of 20.67% is 242.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on WD-40 Co and its competitors. For the Chemicals industry, the median Operating Margin % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WD-40 Co's current Operating Margin % is 20.67%, which is 12% above median its own 10-year median of 18.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WD-40 Co stock overvalued right now?
WD-40 Co (FRA:WD1) has a current Operating Margin % of 20.67%. The stock's GF Value™ is €230.70, compared to a current price of €230.20 — trading 0.2% below its estimated fair value. The current Operating Margin % is 20.67%, which is 12% above median its 10-year median of 18.47 and 242.8% above the Chemicals industry median of 6.03. WD-40 Co's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For WD-40 Co (FRA:WD1), the current Operating Margin % is 20.67% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is WD-40 Co (FRA:WD1) Overvalued in 2026?
Based on GuruFocus' analysis, WD-40 Co stock appears to be undervalued.
The current stock price of €230.20 is trading 0.2% below its estimated GF Value™ of €230.70.
Key valuation signals for FRA:WD1:
Operating Margin %: 20.67% (12% above median its 10-year median of 18.47)
GF Value™: €230.70 vs. price of €230.20 (0.2% below fair value)
Industry Position: 242.8% above the Chemicals median (#197 of 1577)
No single metric tells the full story. See the FRA:WD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WD-40 Co is a global marketing organization focused on developing and selling products that solve maintenance and cleaning problems internationally. It offers two product groups: maintenance products, including the flagship WD-40 Multi-Use Product, which serves as a lubricant, rust preventative, penetrant, and moisture displacer, marketed globally; and homecare and cleaning products, mainly sold in North America, the UK, and Australia. The company distributes its products through hardware stores, automotive parts outlets, industrial suppliers, mass retailers, online platforms, and specialty retailers across the Americas, EIMEA, and Asia-Pacific, with the majority of revenue generated in the Americas.
95GF Score
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