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Other financials

Income statement

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Revenue$544.6M+24.1%
Gross profit$214.9M+21.0%
Operating income$112.2M+18.5%
Net income$64.5M+14.2%
EPS (diluted)$0.51+15.9%

Balance sheet

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Cash & equivalents$84.2M+23.3%
Total debt$2.0B+39.5%
Total equity$416.7M+32.9%
Total assets$3.5B+35.9%

Cash flow

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Operating cash flow$124.4M+43.2%
Free cash flow$67.3M+110%

Valuation

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Market cap$4.55B-5.7%
Enterprise value$6.44B+4.4%
P/E44.8×+27.4×
P/S2.3×-0.5×

Profitability

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Gross margin38.3%-0.2pp
Operating margin15.3%-10.7pp
Net margin5.2%-11.3pp
FCF margin6.9%+4.2pp

Returns & leverage

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Return on equity27.8%-105pp
Debt / equity4.7×+0.2×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Valvoline in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Valvoline’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001674910-26-000066
(In millions - unaudited)Nine months ended June 30 / 2026Nine months ended June 30 / 2025
Operating cash flows from discontinued operations(4.7)
Total cash provided by operating activities284.6175.3
Cash flows from investing activities
Additions to property, plant and equipment(172.3)(160.3)
Acquisitions, net of cash acquired(652.5)(32.1)
Proceeds from sale of operations63.6121.0
Issuances of notes receivable(16.3)(17.3)
Repayments of notes receivable17.711.7

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Valvoline's capex?
Valvoline (VVV) reported capex of $57.1M in Q2 2026.
How has Valvoline's capex changed year-over-year?
Valvoline's capex increased by 4.0% year-over-year, from $54.9M to $57.1M.
What is the long-term trend for Valvoline's capex?
Over 4 years (2021 to 2025), Valvoline's capex has grown at a 25.0% compound annual growth rate (CAGR), from $106M to $259.2M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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