VVV
VALVOLINE INC
Next earnings Aug 4, 2026 · consensus $0.50 EPS, $547M rev
Last earnings +5.0% on 2026-05-07
$39.08
▼ -1.46%$39.08▲ +2.30%
over 1Y
L $28.87H $40.67
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-1.5%
1W-1.6%
1M+15.1%
3M+17.3%
YTD+35.4%
1Y+2.3%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 22 analysts
Buy
Quick-lube leader with 19 straight years of same-store growth and an expanding store network, compounding at a fair 23.2x P/E.
Revenue $1.71B · FY2025
The read
The fundamentals carry the rating, but the price is rich (~43% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Valvoline is the leading retail provider of quick automotive preventive maintenance — ~15-minute, stay-in-your-car oil changes plus ancillary services — operating and franchising roughly 2,200 VIOC/GCOC service centers. The franchise quality is exceptional: 19 consecutive years of system-wide same-store-sales growth (5.5% this year), $3.5B in system-wide store sales, and strong margins (38.5% gross, 22.8% operating). Same-store growth is driven by higher average ticket and non-oil-change penetration, a durable, recession-resistant demand profile since vehicles need maintenance regardless of the cycle.
FY2025 revenue grew 5.6% to $1.71B with operating income up 6.2% to $390M and adjusted EBITDA up 8.5%. GAAP net income was flat at $211M, but that reflects the refranchising of company-owned stores (which trades near-term revenue for higher-margin, capital-light royalty streams) rather than a deterioration in the business — a deliberate value-creating shift. Operating cash flow rose 12.1% to $297M, funding aggressive store expansion ($259M capex) and $76.8M of buybacks.
Is VVV a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBull call spread (wide)~90d expiry
- Long call 39 @ ~2.48 est
- Short call 45 @ ~0.59 est
debit $189max +$411max −$189BE 40.89
High-conviction BUY: a wider spread keeps more of the upside while the short call still cuts cost and decay.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.04B | $1.24B | $1.44B | $1.62B | $1.71B |
| Gross profit | $432M | $476M | $545M | $619M | $659M |
| Operating income | $240M | $220M | $247M | $367M | $390M |
| Net income | $420M | $424M | $1.42B | $212M | $211M |
| Diluted EPS | $2.29 | $2.35 | $8.73 | $1.61 | $1.64 |
| Net margin | 40.5% | 34.3% | 98.4% | 13.1% | 12.3% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$6.01B
EV / EBITDA—
EV / Sales3.5
EV / FCF158.1
P / FCF131.2
PEG (trailing)—
Earnings yield4.2%
FCF yield0.8%
Quality & risk
ROIC (est.)21.8%
Free cash flow$38.0M
Total debt$1.07B
Net cash-$1.02B
Piotroski F-Score6/9
Capital returns
Buyback yield1.5%
Dividend yield (est.)0.0%
Shareholder yield1.5%
Shares Δ YoY-0.9%
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 + reportsSome governance/structural items recently, but no outright red flags.
- 8-K Material agreement2026-06-30
- 8-K Earnings results2026-05-07
- 10-Q Quarterly report2026-05-07
- 8-K Officer / director change2026-03-09
- 8-K Earnings results2026-02-04
- 10-Q Quarterly report2026-02-04
- 8-K Officer / director change2026-01-29
- 8-K Officer / director change2026-01-05
- DEF 14A Proxy statement2025-12-19
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-302026-06-30open ↗11-KPeriod ending 2025-12-312026-06-29open ↗4Period ending 2026-06-252026-06-26open ↗4Period ending 2026-06-252026-06-26open ↗144Filing2026-06-25open ↗4Period ending 2026-06-112026-06-12open ↗4Period ending 2026-06-022026-06-03open ↗4Period ending 2026-05-282026-05-29open ↗4Period ending 2026-05-152026-05-18open ↗4Period ending 2026-05-142026-05-15open ↗4Period ending 2026-05-142026-05-15open ↗4Period ending 2026-05-142026-05-15open ↗
Frequently asked
- Is VALVOLINE INC (VVV) a buy?
- VVV currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Quick-lube leader with 19 straight years of same-store growth and an expanding store network, compounding at a fair 23.2x P/E.
- What is VVV's fair value?
- A Modified-Graham model based on VVV's SEC fundamentals estimates a fair value of about $22.45. It is an estimate from reported earnings, not a price target.
- Is VVV overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, VVV currently appears overvalued relative to its SEC-grounded earnings power.
- What is VALVOLINE INC's quality score?
- VVV scores 72.8324715590998/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001674910, latest 10-Q filed 2026-05-07) · EODHD · Proprietary analysis · as of 6/21/2026, 9:00:32 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 5:00 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
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.