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Valvoline VVV Customer incentives

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Other financials

Income statement

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Revenue$503.8M+25.0%
Gross profit$187.0M+24.3%
Operating income$86.0M+28.6%
Net income$44.8M+19.1%
EPS (diluted)$0.35+20.7%

Balance sheet

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Cash & equivalents$84.7M+36.0%
Total debt$2.1B+47.7%
Total equity$353.1M+42.0%
Total assets$3.4B+39.5%

Cash flow

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Operating cash flow$95.4M+102%
CapEx$57.8M+11.6%
Free cash flow$37.6M+917%

Valuation

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Market cap$4.86B-3.1%

Profitability

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Gross margin38.5%+0.2pp
Operating margin15.3%-10.9pp
Net margin5%-10.9pp
FCF margin5.4%+4.0pp

Returns & leverage

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Return on equity31.1%-142pp
Debt / equity5.8×+0.2×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Valvoline in its filing.

Tagged under the XBRL concept vvv:SalesDiscountsAndRebates.

The official record: Valvoline’s 10-K, filed November 21, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valvoline's customer incentives?
Valvoline (VVV) reported customer incentives of $59.73M in Q3 2025.
How has Valvoline's customer incentives changed year-over-year?
Valvoline's customer incentives increased by 7.3% year-over-year, from $55.65M to $59.73M.
What is the long-term trend for Valvoline's customer incentives?
Over 4 years (2021 to 2025), Valvoline's customer incentives has grown at a 14.3% compound annual growth rate (CAGR), from $140.1M to $238.9M.
What does customer incentives mean?
Captures the total value of incentives, rebates, and promotional discounts provided to customers to encourage sales volume or maintain market share. High levels of these incentives relative to revenue may indicate competitive pricing pressure or a strategy to drive customer loyalty.