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Valvoline USD

Update

Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.

Sector: Oil refining

Geography: United States

COMM_VVV

Price chart

37.61 USDDay -0.53%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
37.61 USD · -0.53%
Market cap
4.8 bn USD

Growth

Δ revenue y/y
25.0%
Δ EBITDA y/y
34.8%

Multiples

P/E (LTM)
51.1x
3y avg: 16.4x
P/B (FY)
14.1x
P/E (ann.)
26.7x
EV/EBITDA (LTM)
15.5x
3y avg: 13.4x
EV/EBITDA (ann.)
17.6x

Cash return

Dividend yield
FCF yield (LTM)
-11.0%

Liquidity

Daily turnover (listing)
63.3 mln USD

Shares: yahoo_fundamentals_timeseries/VVV

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 5 / Warn: 0 / Err: 14 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1Errors 1
2023-03-31 Q2Errors 1Warn 4
2023-06-30 Q2OK
2023-06-30 Q3Errors 1Warn 1
2023-09-30 FYErrors 1Warn 4
2023-09-30 Q3OK
2023-12-31 Q1Errors 1Warn 1
2024-03-31 Q1OK
2024-03-31 Q2Errors 2Warn 2
2024-06-30 Q2OK
2024-06-30 Q3Errors 1Warn 1
2024-09-30 FYErrors 2Warn 1
2024-09-30 Q3OK
2024-12-31 Q1Errors 2Warn 1
2025-03-31 Q2Errors 1Warn 1
2025-06-30 Q3Errors 1Warn 1
2025-09-30 FYErrors 1Warn 1
2025-12-31 Q1Errors 4Warn 2
2026-03-31 Q2Errors 1Warn 2
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-03-31Q1 2026 (3M)OK503.8
y/y 25.0%
86.0
y/y 28.6%
4.2
y/y
90.2
y/y 34.8%
44.8
y/y 19.1%
95.4-57.83421.1
y/y 39.5%
353.1
y/y 42.0%
54.2%1573.0Link
2025-12-31Q4 2025 (3M)OK461.8
y/y 11.5%
18.3
y/y -87.3%
3.4
y/y
21.7
y/y -84.9%
-32.8
y/y -135.8%
64.8-57.43402.1
y/y 44.8%
307.6
y/y 33.9%
-40.6%1594.9Link
2025-09-30Q3 2025 (3M)OK453.8
y/y 4.2%
84.5
y/y -37.2%
119.4
y/y
203.9
y/y -15.2%
25.0
y/y -72.9%
121.9-98.92670.4
y/y 9.5%
338.5
y/y 82.4%
64.6%1071.2Link
2025-06-30Q2 2025 (3M)OK439.0
y/y 4.2%
94.7
y/y 1.4%
0.0
y/y
94.7
y/y 1.4%
56.5
y/y 23.1%
86.9-54.92561.6
y/y 7.8%
313.6
y/y 194.5%
26.8%1011.6Link
2025-03-31Q1 2025 (3M)OK403.2
y/y 3.7%
66.9
y/y -12.4%
0.0
y/y
66.9
y/y -12.4%
37.6
y/y -9.2%
47.2-51.82452.6
y/y -11.2%
248.7
y/y 313.8%
62.9%1013.8Link
2024-12-31Q4 2024 (3M)OK414.3
y/y 11.0%
143.8
y/y 129.0%
0.0
y/y
143.8
y/y 129.0%
91.6
y/y 187.1%
41.2-53.62349.8
y/y -13.3%
229.8
y/y 254.6%
176.4%973.1Link
2024-09-30Q3 2024 (3M)OK435.5
y/y
134.6
y/y
105.9
y/y 19.3%
240.5
y/y
92.3
y/y
101.3-71.42438.7
y/y -15.6%
185.6
y/y -8.7%
144.8%1070.1Link
2024-06-30Q2 2024 (3M)OK421.4
y/y 12.0%
93.4
y/y 8.0%
0.0
y/y
93.4
y/y 8.0%
45.9
y/y -25.5%
75.6-65.82375.6
y/y -20.4%
106.5
y/y -62.7%
73.5%1083.9Link
2024-03-31Q1 2024 (3M)OK388.7
y/y 12.8%
76.4
y/y 24.8%
0.0
y/y
76.4
y/y 24.8%
41.4
y/y -96.6%
68.3-44.92763.0
y/y -35.4%
60.1
y/y
265.2%1080.7Link
2023-12-31Q4 2023 (3M)OK373.4
y/y
62.8
y/y
y/y
62.8
y/y
31.9
y/y
19.9-42.32709.3
y/y
64.8
y/y
95.2%1040.2Link
2023-09-30FY 2023 (12M)OK1443.5
y/y
247.2
y/y
88.8
y/y
336.0
y/y
1419.7
y/y
-40.8-180.52889.9
y/y
203.2
y/y
581.1%871.0Link
2023-06-30Q2 2023 (3M)OK376.2
y/y
86.5
y/y
0.0
y/y
86.5
y/y
61.6
y/y
-158.5-46.52985.5
y/y
285.4
y/y
640.9Link
2023-03-31Q1 2023 (3M)OK344.5
y/y
61.2
y/y
0.0
y/y
61.2
y/y
1227.3
y/y
118.8-39.54280.4
y/y
y/y
-737.2Link
Data quality — review suggested

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

02004006002023 q32023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q42026 q1

Year-over-year change

-100%0%100%2023 q32023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q42026 q1

Cash flow

FCF ($ mln)

-600-400-20002002023 q32023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q42026 q1

Net debt / cash ($ mln)

05001 0001 5002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -132.8%

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
WTI (input cost) (cost)-40%89.7365.1476.10+38%+17%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue1 808
LTM EBITDA274
LTM cash costs (revenue − EBITDA)1 534
2 · Revenue projection
Revenue multiplier — spot×1.000 (+0%)
= Spot revenue1 808
Revenue multiplier — 3y price×1.000 (+0%)
= 3-year-price revenue1 808
3 · Costs projection
Cost multiplier — spot×1.175 (+18%)
= Spot cash costs1 803
Cost multiplier — 3y price×1.091 (+9%)
= 3-year-price cash costs1 674
4 · EBITDA projection (revenue − costs)
= Spot EBITDA5
= 3-year-price EBITDA133
Conservative EBITDA = min(spot, avg)5
5 · Valuation → target market cap
Historical EV/projected-EBITDA (3-yr average)12.0x
Target EV = EV/EBITDA × conservative EBITDA59
Net debt1 573
Target market cap = EV − net debt-1 514
Current market cap4 617

Upside = target market cap ÷ current − 1 = -132.8%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2025 Q2403399+1.0%67113-40.9%
2025 Q3439403+9.0%95115-17.8%
2025 Q4406407-0.3%326103+217.4%
2025 Q1462416+11.1%22167-87.0%
2026 Q2504428+17.8%90109-17.6%

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 19.2x · target 3-yr avg 48.5x · LTM avg 16.6x

EV/EBITDA (LTM)EV/EBITDA (projected)target avg (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2022-12-010.125 USDEx-dividend: 0.125 USD per sharePaidYahoo Finance (ex-div)
2022-08-300.125 USDEx-dividend: 0.125 USD per sharePaidYahoo Finance (ex-div)
2022-05-270.125 USDEx-dividend: 0.125 USD per sharePaidYahoo Finance (ex-div)
2022-02-250.125 USDEx-dividend: 0.125 USD per sharePaidYahoo Finance (ex-div)
2021-11-260.125 USDEx-dividend: 0.125 USD per sharePaidYahoo Finance (ex-div)
2021-08-270.125 USDEx-dividend: 0.125 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)