11 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 18.7% per year over the past 5 years.
Net income has grown slower than revenue (-7.8% vs 18.7% per year).
Operating margin has been roughly flat, at 22.8% in the latest year.
Free cash flow has declined 32.8% per year over the past 5 years.
Financial health
Total debt ($1.1B) exceeds cash ($52M); net debt is $1.0B.
Total debt has grown slower than revenue (-11.4% vs 18.7% per year).
Operating income covered interest expense 5.3× in the latest year, up from 1.7× 5 years ago.
Total debt is 2.8× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.7B
$211M
38.5%
22.8%
$38M
$1.1B
$52M
2024
$1.6B
$212M
38.2%
22.7%
$41M
$1.1B
$68M
2023
$1.4B
$1.4B
37.7%
17.1%
-$221M
$1.6B
$409M
2022
$1.2B
$424M
38.5%
17.8%
$152M
$1.7B
$23M
2021
$1.0B
$420M
41.7%
23.1%
$301M
$1.7B
$123M
2020
$727M
$317M
41.4%
22.0%
$278M
$2.0B
$640M
2019
$2.4B
$208M
33.9%
16.7%
$217M
$1.3B
$159M
2018
$2.3B
$166M
35.3%
17.3%
$227M
$1.3B
$96M
2017
$2.1B
$304M
37.2%
18.9%
-$198M
$1.1B
$201M
2016
—
$273M
—
—
$245M
$743M
$172M
2015
—
$196M
—
—
$285M
—
$0
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$504M
$45M
37.1%
17.1%
$38M
$1.7B
$85M
Dec '25
$462M
-$33M
37.4%
4.0%
$7M
$1.7B
$70M
Sep '25
$454M
$25M
39.1%
18.6%
$23M
$1.1B
$52M
Jun '25
$439M
$57M
40.5%
21.6%
$32M
$1.1B
$68M
Mar '25
$403M
$38M
37.3%
16.6%
-$5M
$1.1B
$62M
Dec '24
$414M
$92M
36.9%
34.7%
-$12M
$1.0B
$60M
Sep '24
$436M
$92M
39.1%
30.9%
$30M
$1.1B
$68M
Jun '24
$421M
$46M
39.7%
22.2%
$10M
$1.1B
$66M
Mar '24
$389M
$41M
37.6%
19.7%
$23M
$1.6B
$495M
Dec '23
$373M
$32M
36.1%
16.8%
-$22M
$1.6B
$421M
Sep '23
$390M
$49M
38.0%
18.0%
-$47M
$1.6B
$409M
Jun '23
$376M
$62M
40.1%
23.0%
-$205M
$1.6B
$527M
Mar '23
$345M
$1.2B
36.8%
17.8%
$79M
$1.6B
$2.3B
Dec '22
$333M
$82M
35.7%
8.8%
-$49M
$1.9B
$21M
Sep '22
$335M
$158M
38.5%
20.0%
$51M
$1.7B
$23M
Jun '22
$317M
$98M
40.3%
19.3%
$64M
$1.7B
$26M
Mar '22
$296M
$81M
36.3%
13.5%
$38M
$1.7B
$29M
Dec '21
$287M
$87M
39.1%
18.1%
-$200000
$1.7B
$43M
Sep '21
$295M
$169M
40.4%
29.7%
$111M
$1.7B
$123M
Jun '21
$282M
$97M
44.7%
24.6%
$74M
$1.7B
$226M
Valuation over time
How the market has priced VVV against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 10.5× (Mar '23) to 24.0× (Jun '26).
The price-to-sales ratio has fallen from 3.6× (Mar '23) to 3.0× (Jun '26).
The dividend yield has fallen from 2.0% (Mar '23) to 0.4% (Aug '24).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is VVV growing its revenue and profit?
Over the past 5 years, Valvoline Inc's revenue has grown 18.7% per year, and net income declined 7.8% per year. These are computed facts, not advice.
How much debt does VVV have?
As of FY2025, Valvoline Inc reported $1.1B of total debt against $52M of cash; operating income covered interest expense 5.3×.
What is VVV's profit margin?
In FY2025, gross margin was 38.5%, operating margin 22.8%, and net margin 12.3%.
What is VVV's P/E ratio?
As of Jun '26, Valvoline Inc traded at a price-to-earnings ratio of about 24.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.