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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%
CapEx$57.1M+4.0%
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:SellingGeneralAndAdministrativeExpense.

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, except per share amounts - unaudited)Three months ended June 30 / 2026Three months ended June 30 / 2025Nine months ended June 30 / 2026Nine months ended June 30 / 2025
Net revenues$544.6$439.0$1,510.2$1,256.5
Cost of sales329.7261.4935.8775.5
Gross profit214.9177.6574.4481.0
Selling, general and administrative expenses103.082.8308.5246.8
Net legacy and separation-related expenses0.10.46.21.6
Other (income) loss, net(0.4)(0.3)43.2(72.8)
Operating income112.294.7216.5305.4
Net pension and other postretirement plan income(1.3)(0.9)(3.7)(2.7)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Valvoline's SG&A?
Valvoline (VVV) reported SG&A of $103M in Q2 2026.
How has Valvoline's SG&A changed year-over-year?
Valvoline's SG&A increased by 24.4% year-over-year, from $82.8M to $103M.
What is the long-term trend for Valvoline's SG&A?
Over 3 years (2022 to 2025), Valvoline's SG&A has grown at a 12.7% compound annual growth rate (CAGR), from $244.7M to $349.9M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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