Here's What WD-40's (NASDAQ:WDFC) Strong Returns On Capital Mean [Yahoo! Finance]
WD-40 Company (WDFC)
Last wd-40 company earnings: 4/9 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.wd40company.com/investors/default.aspx
Company Research
Source: Yahoo! Finance
returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, the ROCE of WD-40 NASDAQ:WDFC ) looks attractive right now, so lets see what the trend of returns can tell us. Understanding Return On Capital Employed (ROCE) Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for WD-40: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.28 = US$96m ÷ (US$444m - US$105m) (Based on the trailing twelve months to May 2024) Thus, WD-40 has an ROCE of 28%. That's a fantastic return and not only that, it outpaces the average of 19% earned by companies
Show less
Read more
Impact Snapshot
Event Time:
WDFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WDFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WDFC alerts
High impacting WD-40 Company news events
Weekly update
A roundup of the hottest topics
WDFC
News
- Spine Center Network Cites the 5 Most Serious Mistakes One Can Make in 2025 With an Attack of Back or Neck Pain [Yahoo! Finance]Yahoo! Finance
- Are there other investment opportunities that may be more attractive than WD-40? [Yahoo! Finance]Yahoo! Finance
- WD-40 (NASDAQ:WDFC) Has Announced That It Will Be Increasing Its Dividend To $0.94 [Yahoo! Finance]Yahoo! Finance
- WD-40 Company Announces Board ChangesBusiness Wire
- WD-40 Company Increases Quarterly Dividend and Schedules First Quarter 2025 Earnings Conference Call [Yahoo! Finance]Yahoo! Finance
WDFC
Earnings
- 10/17/24 - Miss
WDFC
Sec Filings
- 12/16/24 - Form 8-K
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- WDFC's page on the SEC website