Valvoline Inc. (VVV)

Valvoline Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	1,674	1,619	1,444	1,236	1,037	727
Revenue Growth (YoY)	9.56%	12.16%	16.78%	19.18%	42.67%	-69.58%
Cost of Revenue	1,033	1,000	899	759.7	604.9	426
Gross Profit	641.2	618.8	544.5	476.4	432.3	301
Selling, General & Admin	330.3	316.8	236.9	251.6	95.7	122.3
Other Operating Expenses	-11.4	-11.7	23.6	11.4	-31.7	-37
Operating Expenses	318.9	305.1	260.5	263	64	85.3
Operating Income	322.3	313.7	284	213.4	368.3	215.7
Interest Expense	-72.1	-66.8	-37.2	-69.3	-71.9	-72.7
EBT Excluding Unusual Items	250.2	246.9	246.8	144.1	296.4	143
Merger & Restructuring Charges	-	-	-9.2	-	-	-
Gain (Loss) on Sale of Assets	113.5	41.8	-	-	-	-0.6
Other Unusual Items	-5.1	-5.1	-1.1	-	-36.4	-19.4
Pretax Income	358.6	283.6	236.5	144.1	260	123
Income Tax Expense	89.1	69.1	37.1	34.7	59.9	53.4
Earnings From Continuing Operations	269.5	214.5	199.4	109.4	200.1	69.6
Earnings From Discontinued Operations	-2.1	-3	1,220	314.9	220.2	247
Net Income	267.4	211.5	1,420	424.3	420.3	316.6
Net Income to Common	267.4	211.5	1,420	424.3	420.3	316.6
Net Income Growth	45.48%	-85.10%	234.60%	0.95%	32.75%	52.21%
Shares Outstanding (Basic)	129	130	162	179	183	187
Shares Outstanding (Diluted)	130	131	163	180	184	188
Shares Change (YoY)	-8.21%	-19.43%	-9.87%	-1.69%	-2.13%	-0.79%
EPS (Basic)	2.08	1.63	8.79	2.37	2.30	1.69
EPS (Diluted)	2.05	1.61	8.73	2.36	2.29	1.69
EPS Growth	56.15%	-81.60%	270.82%	2.86%	35.72%	53.39%
Free Cash Flow	22.7	40.7	-221.3	152.2	300.8	277.7
Free Cash Flow Per Share	0.17	0.31	-1.36	0.84	1.64	1.48
Dividend Per Share	-	-	0.125	0.500	0.500	0.452
Dividend Growth	-	-	-75.00%	-	10.62%	6.60%
Gross Margin	38.29%	38.22%	37.72%	38.54%	41.68%	41.40%
Operating Margin	19.25%	19.38%	19.67%	17.26%	35.51%	29.67%
Profit Margin	15.97%	13.06%	98.35%	34.33%	40.52%	43.55%
Free Cash Flow Margin	1.36%	2.51%	-15.33%	12.31%	29.00%	38.20%
EBITDA	434.4	419.6	372.8	284.8	430.4	256.3
EBITDA Margin	25.94%	25.92%	25.83%	23.04%	41.50%	35.25%
D&A For EBITDA	112.1	105.9	88.8	71.4	62.1	40.6
EBIT	322.3	313.7	284	213.4	368.3	215.7
EBIT Margin	19.25%	19.38%	19.67%	17.26%	35.51%	29.67%
Effective Tax Rate	24.85%	24.37%	15.69%	24.08%	23.04%	43.41%
Advertising Expenses	-	69.4	60.5	54.8	48.1	35.2

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q