WDFC (WD-40 Co) ROCE % : 27.76% (As of Aug. 2024)

View and export this data going back to 1973. Start your Free Trial

What is WD-40 Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. WD-40 Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 27.76%.

WD-40 Co ROCE % Historical Data

The historical data trend for WD-40 Co's ROCE % 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.

* Premium members only.

WD-40 Co ROCE % Chart

WD-40 Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

Get a 7-Day Free Trial

29.38

27.49

26.01

26.99

27.58

WD-40 Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															27.25	28.45	25.10	32.28	27.76

WD-40 Co ROCE % Calculation

WD-40 Co's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	95.795	/	( ( (437.966 - 88.842)	+	(449.039 - 103.5) )	/ 2 )
	=	95.795	/	( (349.124	+	345.539)	/ 2 )
	=	95.795	/	347.3315
	=	27.58 %

WD-40 Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	94.936	/	( ( (443.61 - 105.241)	+	(449.039 - 103.5) )	/ 2 )
	=	94.936	/	( ( 338.369	+	345.539 )	/ 2 )
	=	94.936	/	341.954
	=	27.76 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2024) EBIT data.

WD-40 Co (NAS:WDFC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

WD-40 Co ROCE % Related Terms

Thank you for viewing the detailed overview of WD-40 Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

WD-40 Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » WD-40 Co (NAS:WDFC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WD1:Germany

Address

9715 Businesspark Avenue, San Diego, CA, USA, 92131

Website

https://www.wd40company.com

WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. The majority of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.

Executives

William B Noble	officer: Group MD, EMEA & Emerging Mkts	BRICK CLOSE, KIIN FARM, MILTON KEYNES X0 MK1 13LJ
Sara Kathleen Hyzer	officer: VP, Finance & CFO	C/O: WD-40 COMPANY, 9715 BUSINESSPARK AVE., SAN DIEGO CA 92131
Steven A Brass	director, officer: President and CEO	WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
David Pendarvis	director	REDMED INC, 14040 DANLELSON ST, POWAY CA 92064
Jeffrey G Lindeman	officer: VP, Chief People, Cult. & Cap.	9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Phenix Q. Kiamilev	officer: VP, General Counsel & Corp Sec	9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Patricia Q Olsem	officer: Division President, Americas	9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Cynthia Burks	director	C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369
Geoffrey Holdsworth	officer: Managing Director AsiaPacific	27 MUNGARRA AVENUE, ST. IVES, SYDNEY C3 2075
Eric Etchart	director	ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Magee Edward O Jr	director	9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Richard T Clampitt	officer: VP, General Counsel	WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
Garry O Ridge	director, officer: President & CEO	1061 CUDAHY PL, SAN DIEGO CA 92110
Lara L Lee	director	C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
Jay Rembolt	officer: Principal Accounting Officer	1061 CUDAHY PL, SAN DIEGO CA 92110