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Oil-Dri of AmericaODC -2.49%65 Owner Earnings per Share (TTM) is 2.75 as of Apr. 2026, which is 86% below its 10-year median of 20.07. GuruFocus rates ODC with a GF Score™ of 65/100 and a GF Value™ of $44.32 (Significantly Overvalued). Among 698 Chemicals companies, Oil-Dri of America ranks worse than 61.46% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Oil-Dri of America's Owner Earnings per Share (TTM) ended in Apr. 2026 was $2.75. It's Price-to-Owner-Earnings ratio for today is 32.71.
The historical rank and industry rank for Oil-Dri of America's Owner Earnings per Share (TTM) or its related term are showing as below:
ODC'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 9.33 Med: 20.07 Max: 83.38
Current: 32.77
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Oil-Dri of America Owner Earnings per Share (TTM) Related Terms
Oil-Dri of America Owner Earnings per Share (TTM) Historical Data
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The historical data trend for Oil-Dri of America's Owner Earnings per Share (TTM) 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.
Oil-Dri of America Owner Earnings per Share (TTM) Chart
ODC vs ECVT, STDN, SCL: Owner Earnings per Share (TTM) Comparison
For the Specialty Chemicals subindustry, Oil-Dri of America's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
Oil-Dri of America Price-to-Owner-Earnings vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Oil-Dri of America's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Oil-Dri of America's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
1. Start with "Net Income" from income statement. Oil-Dri of America's Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was $55.6 Mil.
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
Oil-Dri of America's Change In Deferred Tax for the trailing twelve months (TTM) ended in Apr. 2026 was $0.0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $22.8 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
Oil-Dri of America's 5-Year Average Maintenance Capital Expenditure = $22.8 Mil
5. "Change In Working Capital" is from cashflow statement. Oil-Dri of America's Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 was $-6.4 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* 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.
What does a Owner Earnings per Share (TTM) of 2.75 mean?
Oil-Dri of America (ODC) has a Owner Earnings per Share (TTM) of 2.75 as of Apr. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Oil-Dri of America. This is 86% below median its historical median of 20.07. Over the past decade, Oil-Dri of America's Owner Earnings per Share (TTM) has ranged from 9.33 to 83.38. According to the industry distribution chart, Oil-Dri of America ranks #429 out of 698 companies in the Chemicals industry, placing it in the top 61.5%.
Is Oil-Dri of America's Owner Earnings per Share (TTM) too high?
Oil-Dri of America's current Owner Earnings per Share (TTM) of 2.75 is 86% below median its 10-year median of 20.07. Over the past 10 years, this metric has ranged from a low of 9.33 to a high of 83.38. The Chemicals industry median Owner Earnings per Share (TTM) is 21.32. Oil-Dri of America's value of 2.75 is 87.1% below this industry median. Based on the distribution chart, Oil-Dri of America ranks #429 out of 698 companies in the Chemicals industry, which is below the industry midpoint. Overall, Oil-Dri of America has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oil-Dri of America's Owner Earnings per Share (TTM) compare to ECVT and STDN?
According to the Chemicals industry distribution chart, Oil-Dri of America ranks #429 out of 698 companies for Owner Earnings per Share (TTM). This places Oil-Dri of America in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 21.32. Oil-Dri of America's value of 2.75 is 87.1% below this benchmark. Historically, Oil-Dri of America's own Owner Earnings per Share (TTM) has ranged from 9.33 to 83.38 over the past decade. While the company's 10-year median is 20.07 vs. the industry median of 21.32, Oil-Dri of America has consistently been below 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 Owner Earnings per Share (TTM) for a Chemicals company?
The median Owner Earnings per Share (TTM) among Chemicals companies is 21.32, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oil-Dri of America's current Owner Earnings per Share (TTM) of 2.75 is 87.1% below 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Oil-Dri of America. For the Chemicals industry, the median Owner Earnings per Share (TTM) is 21.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil-Dri of America's current Owner Earnings per Share (TTM) is 2.75, which is 86% below median its own 10-year median of 20.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil-Dri of America stock overvalued right now?
Based on GuruFocus' analysis, Oil-Dri of America (ODC) is currently considered Significantly Overvalued. The stock's GF Value™ is $44.32, compared to a current price of $89.94 — trading 102.9% above its estimated fair value. The current Owner Earnings per Share (TTM) is 2.75, which is 86% below median its 10-year median of 20.07 and 87.1% below the Chemicals industry median of 21.32. Oil-Dri of America's overall GF Score™ is 65/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Oil-Dri of America (ODC), the current Owner Earnings per Share (TTM) is 2.75 as of Apr. 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 Oil-Dri of America (ODC) Overvalued in 2026?
Based on GuruFocus' analysis, Oil-Dri of America stock appears to be overvalued.
The current stock price of $89.94 is trading 102.9% above its estimated GF Value™ of $44.32.
GuruFocus considers Oil-Dri of America to be Significantly Overvalued.
Key valuation signals for ODC:
Owner Earnings per Share (TTM): 2.75 (86% below median its 10-year median of 20.07)
GF Value™: $44.32 vs. price of $89.94 (102.9% above fair value)
Industry Position: 87.1% below the Chemicals median (#429 of 698)
No single metric tells the full story. See the ODC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil-Dri Corp of America develops, manufactures, and markets sorbent products made predominantly from clay. Its absorbent offerings, which draw liquid up, include cat litter, floor products, toxin control substances for livestock, and agricultural chemical carriers. The company has two segments based on the different characteristics of two primary customer groups, namely the Retail and Wholesale Products Group, which derives maximum revenue, and the Business-to-Business Products Group. The company's products are sold under various brands such as Cat's Pride, Jonny Cat, Amlan, Agsorb, Verge, Pure-Flo, and Ultra-Clear.
65GF Score
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