ODC
Oil-Dri Corp of America
Next earnings Oct 7, 2026
Last earnings -0.0% on 2026-06-08
$100.34
▼ -1.32%$100.34▲ +75.66%
over 1Y
L $45.94H $101.68
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-1.3%
1W-0.3%
1M+30.0%
3M+48.9%
YTD+108.3%
1Y+75.7%
Hold
Conviction
Horizon
Long (>12mo)
Record-breaking, cash-rich compounder growing on renewable-diesel demand — but priced full once you fix the mislabeled EPS; own, don't chase.
Net sales $485.6M · FY2025
The read
Middling fundamentals and a rich price (~37% above fair value) leave little margin of safety — a wait-and-see.
Oil-Dri just posted a genuinely excellent year: FY2025 net sales of $485.6M (+11%), operating income $68.2M (+32%), and net income $54.0M (+37%) — all-time highs per the MD&A, with gross margin widening to 29.5% from 28.6%. The five-year record is the real story: revenue compounded from $305M (FY2021) to $486M while net income went from $11.1M to $54.0M, and FY2025 returns are high-quality — 20.8% ROE, $80.2M operating cash flow against $32.6M capex (~$47.6M free cash flow), cash more than doubling to $50.5M, and leverage low at 0.51x liabilities/equity with long-term debt actually falling ($49.8M→$38.8M). This is a fortress balance sheet attached to a business finally earning its keep.
The growth has an identifiable engine. The B2B segment grew net sales 21% to $182.6M with operating income up 31%, driven by fluids-purification products tied to the renewable-diesel industry plus ag/horticultural demand. Retail & Wholesale grew 6% to $303M, lifted by the May 2024 Ultra Pet acquisition (silica-gel crystal cat litter). That is durable, differentiated demand rather than pure commodity volume — a meaningful upgrade to the forward picture.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 30, 2026, 6:05 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Is ODC a buy? The one-page verdict, explained →
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $305M | $349M | $413M | $438M | $486M |
| Gross profit | $65.2M | $62.5M | $103M | $125M | $143M |
| Operating income | $13.0M | $4.82M | $41.0M | $51.6M | $68.2M |
| Net income | $11.1M | $5.67M | $29.6M | $39.4M | $54.0M |
| Diluted EPS | — | — | — | — | — |
| Net margin | 3.6% | 1.6% | 7.2% | 9.0% | 11.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$1.40B
EV / EBITDA15.5
EV / Sales2.9
EV / FCF29.5
P / FCF30.5
PEG (trailing)1.63
Earnings yield3.7%
FCF yield3.3%
Quality & risk
ROIC (est.)20.8%
Free cash flow$47.6M
Total debt—
Net cash$50.5M
Altman Z-Score9.72 safe
Piotroski F-Score7/8
Capital returns
Buyback yield0.2%
Dividend yield (est.)0.6%
Shareholder yield0.7%
Shares Δ YoY+0.4%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 8-K Earnings results2026-06-08
Q3 FY26 (period Apr-30); growth and profitability momentum continues
- 10-Q Quarterly report2026-06-08
Q3 FY26 (period Apr-30); growth and profitability momentum continues
- 8-K Officer / director change2026-04-03
Officer/director change (Item 5.02); leadership/comp update, no P&L impact
- 8-K Other event2026-03-12
Other-events 8-K (8.01); corporate update, likely dividend/repurchase news
- 8-K Earnings results2026-03-11
Q2 FY26 quarterly results
- 10-Q Quarterly report2026-03-11
Q2 FY26 quarterly results
- 8-K Shareholder vote2025-12-11
Annual meeting vote results (5.07); directors elected, routine governance
- 8-K Earnings results2025-12-08
Q1 FY26 quarterly results
- 10-Q Quarterly report2025-12-08
Q1 FY26 quarterly results
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-082026-06-08open ↗10-QPeriod ending 2026-04-302026-06-08open ↗SCHEDULE 13GFiling2026-04-30open ↗4Period ending 2026-04-222026-04-22open ↗144Filing2026-04-22open ↗SCHEDULE 13G/AFiling2026-04-09open ↗8-KPeriod ending 2026-04-032026-04-03open ↗SCHEDULE 13G/AFiling2026-03-27open ↗4Period ending 2026-03-132026-03-13open ↗144Filing2026-03-13open ↗8-KPeriod ending 2026-03-122026-03-12open ↗8-KPeriod ending 2026-03-112026-03-11open ↗
Frequently asked
- Is Oil-Dri Corp of America (ODC) a buy?
- ODC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Record-breaking, cash-rich compounder growing on renewable-diesel demand — but priced full once you fix the mislabeled EPS; own, don't chase.
- What is ODC's fair value?
- A Modified-Graham model based on ODC's SEC fundamentals estimates a fair value of about $63.46. It is an estimate from reported earnings, not a price target.
- Is ODC overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, ODC currently appears overvalued relative to its SEC-grounded earnings power.
- What is Oil-Dri Corp of America's quality score?
- ODC scores 74.20340941223431/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000074046, latest 10-Q filed 2026-06-08) · EODHD · Proprietary analysis · as of 6/30/2026, 10:05:18 AM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.