Valvoline Inc - Understand $vvv stock

$VVV Market Cap: $4.992 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.619B

TTM

Gross Margin

38.14%

TTM

Net Earnings

$211.5M

TTM

Current Assets

$255.4M

Q3 2024

Current Liabilities

$353.9M

Q3 2024

Current Ratio

72.17%

Q3 2024

Total Assets

$2.439B

Q3 2024

Total Liabilities

$2.253B

Q3 2024

Book Value

$185.6M

Q3 2024

Cash

$68.30M

Q3 2024

P/E

23.60

Nov 29, 2024 EST

Free Cash Flow

$40.70M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$1.619B	$1.444B	$1.236B	$2.981B	$2.353B	$2.390B	$2.285B	$2.084B	$1.929B	$1.967B	$2.041B	$1.996B
YoY Change	12.16%	16.78%	-58.53%	26.69%	-1.55%	4.6%	9.64%	8.04%	-1.93%	-3.64%	2.26%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$1.619B	$1.444B	$1.236B	$2.981B	$2.353B	$2.390B	$2.285B	$2.084B	$1.929B	$1.967B	$2.041B	$1.996B
Cost Of Revenue	$1.000B	$899.0M	$759.7M	$2.001B	$1.490B	$1.580B	$1.479B	$1.308B	$1.181B	$1.282B	$1.409B	$1.338B
Gross Profit	$618.8M	$544.5M	$476.4M	$980.0M	$863.0M	$810.0M	$806.0M	$776.0M	$748.0M	$685.0M	$632.4M	$657.9M
Gross Profit Margin	38.22%	37.72%	38.54%	32.87%	36.68%	33.89%	35.27%	37.24%	38.78%	34.82%	30.98%	32.96%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$305.1M	$264.5M	$244.7M	$520.0M	$442.0M	$449.0M	$430.0M	$396.0M	$365.0M	$348.0M	$397.8M	$301.6M
YoY Change	15.35%	8.09%	-52.94%	17.65%	-1.56%	4.42%	8.59%	8.49%	4.89%	-12.52%	31.9%
% of Gross Profit	49.31%	48.58%	51.36%	53.06%	51.22%	55.43%	53.35%	51.03%	48.8%	50.8%	62.9%	45.84%
Research & Development				$15.00M	$13.00M	$13.00M	$14.00M	$13.00M	$13.00M	$11.00M
YoY Change				15.38%	0.0%	-7.14%	7.69%	0.0%	18.18%
% of Gross Profit				1.53%	1.51%	1.6%	1.74%	1.68%	1.74%	1.61%
Depreciation & Amortization	$89.20M	$72.00M	$71.40M	$76.00M	$56.00M	$52.00M	$49.00M	$42.00M	$38.00M	$38.00M	$37.10M	$35.70M
YoY Change	23.89%	0.84%	-6.05%	35.71%	7.69%	6.12%	16.67%	10.53%	0.0%	2.43%	3.92%
% of Gross Profit	14.41%	13.22%	14.99%	7.76%	6.49%	6.42%	6.08%	5.41%	5.08%	5.55%	5.87%	5.43%
Operating Expenses	$305.1M	$264.5M	$244.7M	$535.0M	$455.0M	$462.0M	$444.0M	$409.0M	$378.0M	$359.0M	$397.8M	$301.6M
YoY Change	15.35%	8.09%	-54.26%	17.58%	-1.52%	4.05%	8.56%	8.2%	5.29%	-9.75%	31.9%
Operating Profit	$367.2M	$247.2M	$231.7M	$528.0M	$485.0M	$398.0M	$395.0M	$394.0M	$396.0M	$323.0M	$234.6M	$356.3M
YoY Change	48.54%	6.69%	-56.12%	8.87%	21.86%	0.76%	0.25%	-0.51%	22.6%	37.68%	-34.16%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	-$71.90M	-$38.30M	-$69.30M	-$60.00M	-$62.00M	-$61.00M	-$63.00M	-$17.00M	$10.00M	$8.300M	$30.10M	$24.30M
YoY Change	87.73%	-44.73%	15.5%	-3.23%	1.64%	-3.17%	270.59%	-270.0%	20.48%	-72.43%	23.87%
% of Operating Profit	-19.58%	-15.49%	-29.91%	-11.36%	-12.78%	-15.33%	-15.95%	-4.31%	2.53%	2.57%	12.83%	6.82%
Other Income/Expense, Net	$41.10M	$27.60M	$2.200M	$145.0M	$74.00M	-$39.00M	$33.00M			-$26.30M
YoY Change	48.91%	1154.55%	-98.48%	95.95%	-289.74%	-218.18%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	$283.6M	$236.5M	$144.1M	$543.0M	$451.0M	$265.0M	$332.0M	$490.0M	$421.0M	$297.0M	$264.7M	$380.6M
YoY Change	19.92%	64.12%	-73.46%	20.4%	70.19%	-20.18%	-32.24%	16.39%	41.75%	12.2%	-30.45%
Income Tax	$69.10M	$37.10M	$34.70M	$123.0M	$134.0M	$57.00M	$166.0M	$186.0M	$148.0M	$101.0M	$91.30M	$134.5M
% Of Pretax Income	24.37%	15.69%	24.08%	22.65%	29.71%	21.51%	50.0%	37.96%	35.15%	34.01%	34.49%	35.34%
Net Earnings	$211.5M	$1.420B	$424.3M	$420.0M	$317.0M	$208.0M	$166.0M	$304.0M	$273.0M	$196.0M	$173.4M	$246.1M
YoY Change	-85.1%	234.6%	1.02%	32.49%	52.4%	25.3%	-45.39%	11.36%	39.29%	13.03%	-29.54%
Net Earnings / Revenue	13.06%	98.35%	34.33%	14.09%	13.47%	8.7%	7.26%	14.59%	14.15%	9.96%	8.49%	12.33%
Basic Earnings Per Share	$1.63	$8.79	$2.37	$2.30	$1.70	$1.10	$0.84	$1.49	$1.60	$1.15
Diluted Earnings Per Share	$1.61	$8.73	$2.352M	$2.29	$1.69	$1.10	$0.84	$1.49	$1.60	$1.15	$867.0K	$1.231M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$68.30M	$756.6M	$23.40M	$230.0M	$760.0M	$159.0M	$96.00M	$201.0M	$172.0M
YoY Change	-90.97%	3133.33%	-89.83%	-69.74%	377.99%	65.63%	-52.24%	16.86%
Cash & Equivalents	$68.30M	$409.1M	$23.40M	$230.0M	$760.0M	$159.0M	$96.00M	$201.0M	$172.0M
Short-Term Investments	$0.00	$347.5M
Other Short-Term Assets	$61.00M	$65.50M	$1.502B	$53.00M	$46.00M	$43.00M	$44.00M	$29.00M	$56.00M	$17.10M	$23.70M
YoY Change	-6.87%	-95.64%	2734.34%	15.22%	6.98%	-2.27%	51.72%	-48.21%	227.49%	-27.85%
Inventory	$39.70M	$33.30M	$29.40M	$258.0M	$199.0M	$194.0M	$176.0M	$175.0M	$139.0M	$125.6M	$133.0M
Prepaid Expenses
Receivables	$86.40M	$81.30M	$66.10M	$496.0M	$433.0M	$401.0M	$409.0M	$385.0M	$363.0M	$334.6M	$388.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$255.4M	$936.7M	$1.621B	$1.037B	$1.438B	$797.0M	$725.0M	$790.0M	$730.0M	$477.3M	$544.7M
YoY Change	-72.73%	-42.22%	56.33%	-27.89%	80.43%	9.93%	-8.23%	8.22%	52.94%	-12.37%
Property, Plant & Equipment	$1.257B	$1.085B	$916.7M	$1.124B	$874.0M	$498.0M	$420.0M	$391.0M	$324.0M	$253.5M	$272.4M
YoY Change	15.9%	18.34%	-18.44%	28.6%	75.5%	18.57%	7.42%	20.68%	27.81%	-6.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$47.00M	$44.00M	$34.00M	$31.00M	$30.00M	$26.00M	$28.90M	$44.00M
YoY Change				6.82%	29.41%	9.68%	3.33%	15.38%	-10.03%	-34.32%
Other Assets	$220.4M	$187.8M	$215.9M	$208.0M	$149.0M	$231.0M	$230.0M	$334.0M	$452.0M	$30.60M	$34.00M
YoY Change	17.36%	-13.02%	3.8%	39.6%	-35.5%	0.43%	-31.14%	-26.11%	1377.12%	-10.0%
Total Long-Term Assets	$2.183B	$1.953B	$1.796B	$2.154B	$1.613B	$1.267B	$1.129B	$1.125B	$1.095B	$500.6M	$537.8M
YoY Change	11.78%	8.77%	-16.63%	33.54%	27.31%	12.22%	0.36%	2.74%	118.74%	-6.92%
Total Assets	$2.439B	$2.890B	$3.417B	$3.191B	$3.051B	$2.064B	$1.854B	$1.915B	$1.825B	$977.9M	$1.083B
YoY Change
Accounts Payable	$117.4M	$118.7M	$45.00M	$246.0M	$189.0M	$171.0M	$178.0M	$192.0M	$177.0M	$173.3M	$177.5M
YoY Change	-1.1%	163.78%	-81.71%	30.16%	10.53%	-3.93%	-7.29%	8.47%	2.14%	-2.37%
Accrued Expenses	$199.3M	$203.6M	$172.6M	$297.0M	$252.0M	$237.0M	$203.0M	$190.0M	$190.0M	$109.7M	$116.0M
YoY Change	-2.11%	17.96%	-41.89%	17.86%	6.33%	16.75%	6.84%	0.0%	73.2%	-5.43%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$75.00M	$0.00	$0.00	$0.00
YoY Change							-100.0%
Long-Term Debt Due	$37.20M	$36.10M	$162.5M	$26.00M	$3.000M	$15.00M	$30.00M	$15.00M	$19.00M
YoY Change	3.05%	-77.78%	525.0%	766.67%	-80.0%	-50.0%	100.0%	-21.05%
Total Short-Term Liabilities	$353.9M	$362.3M	$919.4M	$569.0M	$444.0M	$423.0M	$411.0M	$478.0M	$400.0M	$298.6M	$293.5M
YoY Change	-2.32%	-60.59%	61.58%	28.15%	4.96%	2.92%	-14.02%	19.5%	33.96%	1.74%
Long-Term Debt	$1.277B	$1.761B	$1.525B	$1.855B	$2.032B	$1.327B	$1.292B	$1.059B	$730.0M	$4.200M	$4.400M
YoY Change	-27.48%	15.48%	-17.78%	-8.71%	53.13%	2.71%	22.0%	45.07%	17280.95%	-4.55%
Other Long-Term Liabilities	$621.9M	$563.2M	$665.7M	$606.0M	$651.0M	$572.0M	$509.0M	$495.0M	$1.023B	$34.20M	$41.60M
YoY Change	10.42%	-15.4%	9.85%	-6.91%	13.81%	12.38%	2.83%	-51.61%	2891.23%	-17.79%
Total Long-Term Liabilities	$1.899B	$2.324B	$2.191B	$2.461B	$2.683B	$1.899B	$1.801B	$1.554B	$1.753B	$38.40M	$46.00M
YoY Change	-18.29%	6.1%	-10.98%	-8.27%	41.28%	5.44%	15.89%	-11.35%	4465.1%	-16.52%
Total Liabilities	$2.253B	$2.687B	$3.110B	$3.056B	$3.127B	$2.322B	$2.212B	$2.032B	$2.155B	$360.8M	$357.7M
YoY Change	-16.14%	-13.62%	1.77%	-2.27%	34.67%	4.97%	8.86%	-5.71%	497.28%	0.87%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	130.1M shares	161.6M shares	179.1M shares	182.0M shares	187.0M shares	189.0M shares	197.0M shares	204.0M shares	170.0M shares	170.0M shares
Diluted Shares Outstanding	131.0M shares	162.6M shares	180.4M shares	183.0M shares	188.0M shares	189.0M shares	197.0M shares	204.0M shares	170.0M shares	170.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.9924 Billion

About VALVOLINE INC

Valvoline, Inc. engages in the production, marketing, and supply of engine and automotive maintenance products and services. The company is headquartered in Lexington, Kentucky and currently employs 10,900 full-time employees. The company went IPO on 2016-09-23. The firm's service includes 15-minute stay-in-your-car oil changes; battery, bulb and wiper replacements; tire rotations, and other manufacturer recommended maintenance services. The company operates and franchises more than 1,850 service center locations through its Valvoline Instant Oil Change and Valvoline Great Canadian Oil Change retail locations and supports around 300 locations through its Express Care platform. Its services include fluid exchange, such as motor oil, transmission fluid, differential fluid and coolant; safety, such as tire inflation, tire rotation, safety check and bulbs, and parts replacement, such as 12 volts battery, filters, wiper blades and belts. Its services are offered to a wide range of vehicle types, including fleets, such as hybrid electric vehicle, battery electric vehicle, medium duty and passenger car motor oil/light duty.

Industry: Miscellaneous Products of Petroleum & Coal Peers: AdvanSix Inc. CABOT CORP DOW INC. KRONOS WORLDWIDE INC OLIN Corp PureCycle Technologies, Inc. Mativ Holdings, Inc. Tronox Holdings plc WESTLAKE CORP