Oil-Dri Corp of America
ODC NYSE Miscellaneous Manufacturing Industries Financials FY2017–FY2026
Last close · Oct 23, 2026
$75.87
1.1%
Revenue
Total sales reported in the income statement.
$494M
1.7%
vs prior year
Operating margin
Operating income as a share of revenue.
13.8%
0.3 pts
Net income
Profit after all expenses, interest and tax.
$57.0M
5.5%
Free cash flow
Cash from operations minus capital spending.
$45.9M
3.6%
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
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What Oil-Dri Corp of America does
No business description yet.
- Legal name
- Oil-Dri Corp of America
- Fiscal year ends
- July 31, 2026
- Latest annual report
- 10-K · Oct 8, 2026
- Accession · CIK
- 0001628280-26-065453
0000074046
Revenue and margins
Oil-Dri Corp of America had $494M of revenue in fiscal 2026, up 1.7% on the year before.
FY17
Revenue $262M
FY18
Revenue $266M
FY19
Revenue $277M
FY20
Revenue $283M
FY21
Revenue $305M
FY22
Revenue $349M
FY23
Revenue $413M
FY24
Revenue $438M
FY25
Revenue $486M
FY26
Revenue $494M
Q1 '24
Revenue $111M
Q2 '24
Revenue $106M
Q3 '24
Revenue $107M
Q4 '24
Revenue $114M
Q1 '25
Revenue $128M
Q2 '25
Revenue $117M
Q3 '25
Revenue $116M
Q4 '25
Revenue $125M
Q1 '26
Revenue $120M
Q2 '26
Revenue $118M
Q3 '26
Revenue $126M
Q4 '26
Revenue $129M
FY17
Gross 28.1%
Operating 5.8%
Net 4.1%
FCF 4.6%
FY18
Gross 27.0%
Operating 6.0%
Net 3.1%
FCF −1.7%
FY19
Gross 23.7%
Operating 3.8%
Net 4.6%
FCF 4.2%
FY20
Gross 24.3%
Operating 8.8%
Net 6.7%
FCF 9.8%
FY21
Gross 21.4%
Operating 4.3%
Net 3.6%
FCF −1.7%
FY22
Gross 17.9%
Operating 1.4%
Net 1.6%
FCF −3.7%
FY23
Gross 25.0%
Operating 9.9%
Net 7.2%
FCF 6.1%
FY24
Gross 28.6%
Operating 11.8%
Net 9.0%
FCF 6.5%
FY25
Gross 29.5%
Operating 14.0%
Net 11.1%
FCF 9.8%
FY26
Gross 27.8%
Operating 13.8%
Net 11.5%
FCF 9.3%
Gross
Operating
Net
FCF
Q1 '24
Gross 27.8%
Operating 11.8%
Net 9.6%
FCF 0.4%
Q2 '24
Gross 29.3%
Operating 14.4%
Net 11.7%
FCF 1.8%
Q3 '24
Gross 28.2%
Operating 9.8%
Net 7.3%
FCF 10.1%
Q4 '24
Gross 29.0%
Operating 11.3%
Net 7.5%
FCF 13.3%
Q1 '25
Gross 31.9%
Operating 16.6%
Net 12.8%
FCF −1.5%
Q2 '25
Gross 29.5%
Operating 15.0%
Net 11.1%
FCF 14.0%
Q3 '25
Gross 28.6%
Operating 12.0%
Net 10.1%
FCF 13.8%
Q4 '25
Gross 27.8%
Operating 12.5%
Net 10.4%
FCF 13.7%
Q1 '26
Gross 29.5%
Operating 14.1%
Net 12.8%
FCF 1.1%
Q2 '26
Gross 27.4%
Operating 13.3%
Net 10.7%
FCF 10.5%
Q3 '26
Gross 26.7%
Operating 13.5%
Net 11.5%
FCF 14.8%
Q4 '26
Gross 27.8%
Operating 14.1%
Net 11.2%
FCF 10.5%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY17
Net income $10.8M
FY18
Net income $8.2M
FY19
Net income $12.6M
FY20
Net income $18.9M
FY21
Net income $11.1M
FY22
Net income $5.7M
FY23
Net income $29.6M
FY24
Net income $39.4M
FY25
Net income $54.0M
FY26
Net income $57.0M
Q1 '24
Net income $10.7M
Q2 '24
Net income $12.4M
Q3 '24
Net income $7.8M
Q4 '24
Net income $8.5M
Q1 '25
Net income $16.4M
Q2 '25
Net income $12.9M
Q3 '25
Net income $11.6M
Q4 '25
Net income $13.1M
Q1 '26
Net income $15.5M
Q2 '26
Net income $12.6M
Q3 '26
Net income $14.5M
Q4 '26
Net income $14.4M
FY17
Diluted EPS $1.47
FY18
Diluted EPS $1.11
FY19
Diluted EPS $1.67
FY20
Diluted EPS —
FY21
Diluted EPS —
FY22
Diluted EPS —
FY23
Diluted EPS —
FY24
Diluted EPS —
FY25
Diluted EPS —
FY26
Diluted EPS —
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY17
Return on capital 12.1%
Return on equity 8.6%
Return on assets 5.1%
FY18
Return on capital —
Return on equity 6.4%
Return on assets 4.0%
FY19
Return on capital —
Return on equity 9.4%
Return on assets 6.3%
FY20
Return on capital —
Return on equity 13.3%
Return on assets 8.6%
FY21
Return on capital —
Return on equity 7.2%
Return on assets 4.8%
FY22
Return on capital —
Return on equity 3.7%
Return on assets 2.4%
FY23
Return on capital —
Return on equity 18.1%
Return on assets 11.0%
FY24
Return on capital —
Return on equity 20.3%
Return on assets 12.3%
FY25
Return on capital —
Return on equity 23.0%
Return on assets 14.5%
FY26
Return on capital —
Return on equity 20.5%
Return on assets 13.9%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $45.9M in fiscal 2026, 9.3% of revenue. Cash from operations minus capital spending.
FY17
Free cash flow $12.2M
FY18
Free cash flow −$4.5M
FY19
Free cash flow $11.7M
FY20
Free cash flow $27.7M
FY21
Free cash flow −$5.2M
FY22
Free cash flow −$13.0M
FY23
Free cash flow $25.4M
FY24
Free cash flow $28.3M
FY25
Free cash flow $47.6M
FY26
Free cash flow $45.9M
Q1 '24
Free cash flow $0.5M
Q2 '24
Free cash flow $1.9M
Q3 '24
Free cash flow $10.8M
Q4 '24
Free cash flow $15.1M
Q1 '25
Free cash flow −$1.9M
Q2 '25
Free cash flow $16.4M
Q3 '25
Free cash flow $16.0M
Q4 '25
Free cash flow $17.1M
Q1 '26
Free cash flow $1.3M
Q2 '26
Free cash flow $12.3M
Q3 '26
Free cash flow $18.7M
Q4 '26
Free cash flow $13.6M
FY17
Cash from operations $26.9M
Capital spending $14.8M
FY18
Cash from operations $10.6M
Capital spending $15.1M
FY19
Cash from operations $26.7M
Capital spending $15.0M
FY20
Cash from operations $42.5M
Capital spending $14.7M
FY21
Cash from operations $13.6M
Capital spending $18.8M
FY22
Cash from operations $9.0M
Capital spending $22.0M
FY23
Cash from operations $49.8M
Capital spending $24.4M
FY24
Cash from operations $60.3M
Capital spending $32.0M
FY25
Cash from operations $80.2M
Capital spending $32.6M
FY26
Cash from operations $80.1M
Capital spending $34.2M
Cash from operations
Capital spending
Q1 '24
Cash from operations $8.6M
Capital spending $8.1M
Q2 '24
Cash from operations $9.4M
Capital spending $7.5M
Q3 '24
Cash from operations $19.0M
Capital spending $8.2M
Q4 '24
Cash from operations $23.4M
Capital spending $8.3M
Q1 '25
Cash from operations $10.9M
Capital spending $12.8M
Q2 '25
Cash from operations $21.4M
Capital spending $5.0M
Q3 '25
Cash from operations $22.7M
Capital spending $6.7M
Q4 '25
Cash from operations $25.2M
Capital spending $8.1M
Q1 '26
Cash from operations $10.3M
Capital spending $9.1M
Q2 '26
Cash from operations $18.1M
Capital spending $5.8M
Q3 '26
Cash from operations $24.8M
Capital spending $6.1M
Q4 '26
Cash from operations $26.9M
Capital spending $13.3M
Cash from operations
Capital spending
Dividends, buybacks and share count
Oil-Dri Corp of America returned $23.0M to shareholders in fiscal 2026, 50% of free cash flow. The diluted share count rose 0.0%.
FY17
Dividends $5.9M
Buybacks $0.1M
FY18
Dividends $6.2M
Buybacks $0.0M
FY19
Dividends $6.7M
Buybacks $0.1M
FY20
Dividends $7.0M
Buybacks $5.5M
FY21
Dividends $7.2M
Buybacks $3.1M
FY22
Dividends $7.4M
Buybacks $11.8M
FY23
Dividends $7.4M
Buybacks $1.1M
FY24
Dividends $7.8M
Buybacks $2.8M
FY25
Dividends $8.4M
Buybacks $2.3M
FY26
Dividends $10.4M
Buybacks $12.6M
Dividends
Buybacks
Q1 '24
Dividends $1.9M
Buybacks $0.9M
Q2 '24
Dividends $2.0M
Buybacks $1.7M
Q3 '24
Dividends $2.0M
Buybacks $0.1M
Q4 '24
Dividends $2.0M
Buybacks $0.1M
Q1 '25
Dividends $2.1M
Buybacks $2.0M
Q2 '25
Dividends $2.1M
Buybacks $0.2M
Q3 '25
Dividends $2.1M
Buybacks $0.1M
Q4 '25
Dividends $2.1M
Buybacks $0.1M
Q1 '26
Dividends $2.4M
Buybacks $7.0M
Q2 '26
Dividends $2.4M
Buybacks $5.4M
Q3 '26
Dividends $2.7M
Buybacks $0.2M
Q4 '26
Dividends $2.8M
Buybacks $0.0M
Dividends
Buybacks
FY17
Diluted shares 0.01B
FY18
Diluted shares 0.01B
FY19
Diluted shares 0.01B
FY20
Diluted shares —
FY21
Diluted shares —
FY22
Diluted shares —
FY23
Diluted shares —
FY24
Diluted shares —
FY25
Diluted shares —
FY26
Diluted shares —
Balance sheet
Cash, debt and the ratios that show how comfortably Oil-Dri Corp of America can carry it.
FY17
Cash $32.7M
Debt $0.0M
FY18
Cash $19.9M
Debt —
FY19
Cash $21.9M
Debt —
FY20
Cash $40.9M
Debt —
FY21
Cash $24.6M
Debt —
FY22
Cash $16.3M
Debt —
FY23
Cash $31.8M
Debt —
FY24
Cash $23.5M
Debt —
FY25
Cash $50.5M
Debt —
FY26
Cash $73.7M
Debt —
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $16.3M | $31.8M | $23.5M | $50.5M | $73.7M |
| Interest coverage | 3.9x | 28.0x | 28.6x | 28.0x | 30.9x |
| Current ratio | 2.3x | 2.3x | 2.2x | 2.6x | 3.1x |
| Quick ratio | 1.5x | 1.6x | 1.4x | 1.8x | 2.3x |
| Total assets | $250M | $286M | $355M | $392M | $429M |
| Total liabilities | $99.3M | $109M | $144M | $133M | $131M |
| Shareholders' equity | $150M | $177M | $211M | $259M | $298M |
| Net debt (− = net cash) | — | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | ✕ | ✓ | ✓ | ✕ | ✕ | ✓ | ✓ | ✓ | ✕ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | — | — | — | — | — | — | — | — |
| Current ratio rose | — | ✕ | ✓ | ✕ | ✓ | ✕ | ✓ | ✕ | ✓ | ✓ |
| Share count didn't rise | — | ✕ | ✕ | — | — | — | — | — | — | — |
| Gross margin rose | — | ✕ | ✕ | ✓ | ✕ | ✕ | ✓ | ✓ | ✓ | ✕ |
| Revenue rose relative to assets | — | ✓ | ✕ | ✕ | ✓ | ✓ | ✓ | ✕ | ✓ | ✕ |
| F-score | — / 3 | 4 / 8 | 5 / 8 | 5 / 7 | 5 / 7 | 4 / 7 | 7 / 7 | 5 / 7 | 7 / 7 | 4 / 7 |
| Accruals ratio | −7.6% | −1.2% | −7.1% | −10.7% | −1.1% | −1.4% | −7.5% | −6.5% | −7.0% | −5.6% |
| Altman Z'' | 6.27 | 7.17 | 6.81 | 6.65 | 7.23 | 5.73 | 6.74 | 6.14 | 7.33 | 8.06 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $262M | $266M | $277M | $283M | $305M | $349M | $413M | $438M | $486M | $494M |
| Gross profit | $73.7M | $71.9M | $65.7M | $68.7M | $65.2M | $62.5M | $103M | $125M | $143M | $138M |
| Research and development | $3.2M | $3.4M | $3.2M | $2.8M | $2.5M | $2.1M | $1.2M | $2.1M | $2.4M | $2.1M |
| Operating income | $15.2M | $15.9M | $10.4M | $24.8M | $13.0M | $4.8M | $41.0M | $51.6M | $68.2M | $68.0M |
| Interest expense | $0.9M | $0.7M | $0.6M | $0.5M | $0.7M | $1.2M | $1.5M | $1.8M | $2.4M | $2.2M |
| Pretax income | $14.5M | $14.9M | $14.5M | $23.0M | $13.4M | $5.7M | $34.7M | $49.7M | $66.2M | $69.5M |
| Income tax | $3.8M | $6.6M | $1.9M | $4.3M | $2.4M | $0.1M | $5.2M | $10.2M | $12.2M | $12.5M |
| Net income | $10.8M | $8.2M | $12.6M | $18.9M | $11.1M | $5.7M | $29.6M | $39.4M | $54.0M | $57.0M |
| Net income to common | — | — | — | — | — | — | $28.0M | $37.3M | $51.4M | $54.6M |
| Diluted EPS | $1.47 | $1.11 | $1.67 | — | — | — | — | — | — | — |
| Diluted shares | 0.01B | 0.01B | 0.01B | — | — | — | — | — | — | — |
| Cash flow | ||||||||||
| Cash from operations | $26.9M | $10.6M | $26.7M | $42.5M | $13.6M | $9.0M | $49.8M | $60.3M | $80.2M | $80.1M |
| Capital expenditure | $14.8M | $15.1M | $15.0M | $14.7M | $18.8M | $22.0M | $24.4M | $32.0M | $32.6M | $34.2M |
| Free cash flow | $12.2M | −$4.5M | $11.7M | $27.7M | −$5.2M | −$13.0M | $25.4M | $28.3M | $47.6M | $45.9M |
| Depreciation and amortization | $12.8M | $12.8M | $13.3M | $13.9M | $14.2M | $13.5M | $15.5M | $19.3M | $22.0M | $23.2M |
| Stock-based compensation | $1.5M | $1.6M | $2.4M | $3.4M | $2.5M | $2.7M | $3.1M | $4.8M | $5.4M | $5.3M |
| Acquisitions | — | — | — | — | — | — | $0.0M | $44.3M | $0.1M | $0.0M |
| Share buybacks | $0.1M | $0.0M | $0.1M | $5.5M | $3.1M | $11.8M | $1.1M | $2.8M | $2.3M | $12.6M |
| Dividends paid | $5.9M | $6.2M | $6.7M | $7.0M | $7.2M | $7.4M | $7.4M | $7.8M | $8.4M | $10.4M |
| Dividends and buybacks | $6.1M | $6.3M | $6.8M | $12.6M | $10.3M | $19.2M | $8.5M | $10.6M | $10.7M | $23.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $32.7M | $19.9M | $21.9M | $40.9M | $24.6M | $16.3M | $31.8M | $23.5M | $50.5M | $73.7M |
| Total debt | $0.0M | — | — | — | — | — | — | — | — | — |
| Current assets | $94.2M | $83.0M | $89.3M | $108M | $102M | $112M | $137M | $147M | $177M | $209M |
| Current liabilities | $33.0M | $30.9M | $32.6M | $46.2M | $39.0M | $48.5M | $58.8M | $66.7M | $69.2M | $68.0M |
| Inventory | $22.6M | $22.5M | $24.2M | $23.9M | $23.6M | $40.5M | $42.6M | $54.2M | $51.6M | $53.5M |
| Property and equipment, net | $84.0M | $86.7M | $90.8M | $92.9M | $95.9M | $110M | $121M | $138M | $150M | $160M |
| Goodwill | $9.0M | $9.3M | $9.3M | $9.3M | $9.3M | $3.6M | $3.6M | $15.4M | $16.0M | $16.0M |
| Intangible assets | — | — | — | — | — | — | $0.0M | $20.0M | $18.9M | $17.8M |
| Total assets | $213M | $195M | $205M | $236M | $228M | $250M | $286M | $355M | $392M | $429M |
| Total liabilities | $86.5M | $62.8M | $69.7M | $87.9M | $68.3M | $99.3M | $109M | $144M | $133M | $131M |
| Shareholders' equity | $126M | $132M | $136M | $148M | $159M | $150M | $177M | $211M | $259M | $298M |
| Margins | ||||||||||
| Gross margin | 28.1% | 27.0% | 23.7% | 24.3% | 21.4% | 17.9% | 25.0% | 28.6% | 29.5% | 27.8% |
| Operating margin | 5.8% | 6.0% | 3.8% | 8.8% | 4.3% | 1.4% | 9.9% | 11.8% | 14.0% | 13.8% |
| EBITDA margin | 10.7% | 10.8% | 8.6% | 13.7% | 8.9% | 5.2% | 13.7% | 16.2% | 18.6% | 18.5% |
| Net margin | 4.1% | 3.1% | 4.6% | 6.7% | 3.6% | 1.6% | 7.2% | 9.0% | 11.1% | 11.5% |
| FCF margin | 4.6% | −1.7% | 4.2% | 9.8% | −1.7% | −3.7% | 6.1% | 6.5% | 9.8% | 9.3% |
| Returns | ||||||||||
| Return on capital | 12.1% | — | — | — | — | — | — | — | — | — |
| Return on capital employed | 8.5% | 9.7% | 6.0% | 13.1% | 6.9% | 2.4% | 18.0% | 17.9% | 21.1% | 18.8% |
| Return on equity | 8.6% | 6.4% | 9.4% | 13.3% | 7.2% | 3.7% | 18.1% | 20.3% | 23.0% | 20.5% |
| Return on assets | 5.1% | 4.0% | 6.3% | 8.6% | 4.8% | 2.4% | 11.0% | 12.3% | 14.5% | 13.9% |
| Return on tangible equity | 9.2% | 6.7% | 10.0% | 13.6% | 7.4% | 3.9% | 16.2% | 21.3% | 22.9% | 20.7% |
| Growth | ||||||||||
| Revenue growth | — | 1.4% | 4.1% | 2.2% | 7.7% | 14.3% | 18.5% | 5.9% | 11.0% | 1.7% |
| Net income growth | — | −23.6% | 53.0% | 49.9% | −41.2% | −48.9% | 420.8% | 33.4% | 37.0% | 5.5% |
| EPS growth | — | −24.5% | 50.5% | — | — | — | — | — | — | — |
| FCF growth | — | −136.6% | — | 136.7% | −118.8% | — | — | 11.5% | 68.2% | −3.6% |
| Share count change | — | 0.9% | 0.4% | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Net debt / EBITDA | −1.2x | — | — | — | — | — | — | — | — | — |
| Debt / equity | 0.0x | — | — | — | — | — | — | — | — | — |
| Interest coverage | 17.2x | 23.5x | 17.5x | 47.9x | 18.1x | 3.9x | 28.0x | 28.6x | 28.0x | 30.9x |
| Current ratio | 2.9x | 2.7x | 2.7x | 2.3x | 2.6x | 2.3x | 2.3x | 2.2x | 2.6x | 3.1x |
| Quick ratio | 2.2x | 2.0x | 2.0x | 1.8x | 2.0x | 1.5x | 1.6x | 1.4x | 1.8x | 2.3x |
| Capital allocation | ||||||||||
| Capex / revenue | 5.6% | 5.7% | 5.4% | 5.2% | 6.2% | 6.3% | 5.9% | 7.3% | 6.7% | 6.9% |
| Stock comp / revenue | 0.6% | 0.6% | 0.9% | 1.2% | 0.8% | 0.8% | 0.8% | 1.1% | 1.1% | 1.1% |
| Payouts / FCF | 49.7% | — | 58.1% | 45.3% | — | — | 33.5% | 37.4% | 22.6% | 50.0% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 4.0 | 5.0 | 5.0 | 5.0 | 4.0 | 7.0 | 5.0 | 7.0 | 4.0 |
| Altman Z'' | 6.3 | 7.2 | 6.8 | 6.6 | 7.2 | 5.7 | 6.7 | 6.1 | 7.3 | 8.1 |
| Accruals ratio | −7.6% | −1.2% | −7.1% | −10.7% | −1.1% | −1.4% | −7.5% | −6.5% | −7.0% | −5.6% |
Source: SEC EDGAR XBRL filings (CIK 0000074046). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.