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Element Solutions vs WD 40: revenue, profit, margins and growth compared

Element Solutions brought in $2.6B of revenue in fiscal 2025, WD 40 $620M in fiscal 2025. Revenue changed by +3.8% at Element Solutions and +5.0% at WD 40 on the year before, so WD 40 grew faster. Element Solutions kept 7.5% of its revenue as net profit, WD 40 14.7%. Free cash flow was $227.6M at Element Solutions and $83.4M at WD 40.

Side by side, latest fiscal year

ESIWDFC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (August 31, 2025)
Revenue$2.6B$620M
Revenue growth+3.8%+5.0%
Net income$190.8M$91M
Net margin7.5%14.7%
Free cash flow$227.6M$83.4M
Free cash flow margin8.9%13.5%
Earnings per share (diluted)$0.79$6.69
Cash$626.5M$58.1M
Debt$1.6B$86.2M
Price to earnings45.229.8
Market value$8.7B$2.7B
Dividend yield0.90%1.86%
Rank by revenue in sector#196 of 451 · Industrials#300 of 451 · Industrials

Over the years

Revenue
ESI FY2018: $2BESI FY2019: $1.8BESI FY2020: $1.9BESI FY2021: $2.4BESI FY2022: $2.5BESI FY2023: $2.3BESI FY2024: $2.5BESI FY2025: $2.6BWDFC FY2018: $408.5MWDFC FY2019: $423.4MWDFC FY2020: $408.5MWDFC FY2021: $488.1MWDFC FY2022: $518.8MWDFC FY2023: $537.3MWDFC FY2024: $590.6MWDFC FY2025: $620MFY18FY19FY20FY21FY22FY23FY24FY25
ESI $2.6BWDFC $620M
Net income
ESI FY2018: -$324.4MESI FY2019: $92.2MESI FY2020: $75.7MESI FY2021: $203.3MESI FY2022: $187.2MESI FY2023: $118.1MESI FY2024: $244.2MESI FY2025: $190.8MWDFC FY2018: $65.2MWDFC FY2019: $55.9MWDFC FY2020: $60.7MWDFC FY2021: $70.2MWDFC FY2022: $67.3MWDFC FY2023: $66MWDFC FY2024: $69.6MWDFC FY2025: $91MFY18FY19FY20FY21FY22FY23FY24FY25
ESI $190.8MWDFC $91M
Net margin
ESI FY2018: -16.5%ESI FY2019: 5.0%ESI FY2020: 4.1%ESI FY2021: 8.5%ESI FY2022: 7.3%ESI FY2023: 5.1%ESI FY2024: 9.9%ESI FY2025: 7.5%WDFC FY2018: 16.0%WDFC FY2019: 13.2%WDFC FY2020: 14.9%WDFC FY2021: 14.4%WDFC FY2022: 13.0%WDFC FY2023: 12.3%WDFC FY2024: 11.8%WDFC FY2025: 14.7%FY18FY19FY20FY21FY22FY23FY24FY25
ESI 7.5%WDFC 14.7%
Revenue growth
ESI FY2019: -6.4%ESI FY2020: +1.0%ESI FY2021: +29.5%ESI FY2022: +6.2%ESI FY2023: -8.5%ESI FY2024: +5.3%ESI FY2025: +3.8%WDFC FY2019: +3.6%WDFC FY2020: -3.5%WDFC FY2021: +19.5%WDFC FY2022: +6.3%WDFC FY2023: +3.6%WDFC FY2024: +9.9%WDFC FY2025: +5.0%FY19FY20FY21FY22FY23FY24FY25
ESI +3.8%WDFC +5.0%
Free cash flow
ESI FY2018: -$29.2MESI FY2019: $141.2MESI FY2020: $247.2MESI FY2021: $279.7MESI FY2022: $248.1MESI FY2023: $280.9MESI FY2024: $293.6MESI FY2025: $227.6MWDFC FY2018: $52.5MWDFC FY2019: $49.6MWDFC FY2020: $53.4MWDFC FY2021: $69.7MWDFC FY2022: -$5.7MWDFC FY2023: $91.5MWDFC FY2024: $87.8MWDFC FY2025: $83.4MFY18FY19FY20FY21FY22FY23FY24FY25
ESI $227.6MWDFC $83.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Element Solutions and WD 40

Which is bigger by revenue, Element Solutions or WD 40?

Element Solutions is bigger by revenue: $2.6B in fiscal 2025, against $620M for WD 40 in fiscal 2025.

Which keeps more of its revenue as profit, Element Solutions or WD 40?

Element Solutions had a net margin of 7.5% in fiscal 2025; WD 40 had 14.7% in fiscal 2025.

Which grew revenue faster, Element Solutions or WD 40?

In their latest fiscal years revenue changed by +3.8% at Element Solutions and +5.0% at WD 40.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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