Wd 40 Debt-to-Equity Ratio Growth & History (WDFC)
Wd 40's debt-to-equity ratio was 0.36 for fiscal 2025.
View full Wd 40 company overviewWd 40 annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-08-31 | 0.36 | −0.08 | −18.32% |
| 2024 | 2024-08-31 | 0.45 | −0.17 | −27.05% |
| 2023 | 2023-08-31 | 0.61 | −0.21 | −25.11% |
| 2022 | 2022-08-31 | 0.82 | 0.19 | +31.20% |
| 2021 | 2021-08-31 | 0.62 | −0.14 | −18.40% |
| 2020 | 2020-08-31 | 0.76 | 0.20 | +36.25% |
| 2019 | 2019-08-31 | 0.56 | 0.00 | +0.73% |
| 2018 | 2018-08-31 | 0.56 | −0.55 | −49.71% |
| 2017 | 2017-08-31 | 1.10 | — | — |
| 2014 | 2014-08-31 | 0.58 | 0.23 | +64.82% |
| 2013 | 2013-08-31 | 0.35 | 0.11 | +44.64% |
| 2012 | 2012-08-31 | 0.24 | 0.19 | +355.67% |
| 2011 · Nov 30 | 2011-11-30 | 0.18 | — | — |
| 2011 · Aug 31 | 2011-08-31 | 0.05 | — | — |
Wd 40 quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-05-31 | 0.41 | −0.00 | −0.77% |
| Q2 2026 | 2026-02-28 | 0.41 | −0.10 | −19.51% |
| Q1 2026 | 2025-11-30 | 0.38 | −0.13 | −24.93% |
| Q4 2025 | 2025-08-31 | 0.36 | −0.08 | −18.32% |
| Q3 2025 | 2025-05-31 | 0.41 | −0.11 | −20.65% |
| Q2 2025 | 2025-02-28 | 0.51 | −0.06 | −9.81% |
| Q1 2025 | 2024-11-30 | 0.51 | −0.04 | −7.02% |
| Q4 2024 | 2024-08-31 | 0.45 | −0.17 | −27.05% |
| Q3 2024 | 2024-05-31 | 0.52 | −0.18 | −25.65% |
| Q2 2024 | 2024-02-29 | 0.57 | −0.26 | −31.60% |
| Q1 2024 | 2023-11-30 | 0.55 | −0.28 | −33.98% |
| Q4 2023 | 2023-08-31 | 0.61 | −0.21 | −25.11% |
| Q3 2023 | 2023-05-31 | 0.70 | 0.01 | +1.99% |
| Q2 2023 | 2023-02-28 | 0.83 | 0.21 | +34.41% |
| Q1 2023 | 2022-11-30 | 0.83 | 0.22 | +34.93% |
| Q4 2022 | 2022-08-31 | 0.82 | 0.19 | +31.20% |
| Q3 2022 | 2022-05-31 | 0.69 | 0.06 | +10.03% |
| Q2 2022 | 2022-02-28 | 0.62 | −0.06 | −8.17% |
| Q1 2022 | 2021-11-30 | 0.62 | −0.10 | −13.71% |
| Q4 2021 | 2021-08-31 | 0.62 | −0.14 | −18.40% |
| Q3 2021 | 2021-05-31 | 0.62 | −0.57 | −47.74% |
| Q2 2021 | 2021-02-28 | 0.67 | −0.08 | −10.35% |
| Q1 2021 | 2020-11-30 | 0.71 | 0.04 | +5.21% |
| Q4 2020 | 2020-08-31 | 0.76 | 0.20 | +36.25% |
| Q3 2020 | 2020-05-31 | 1.20 | 0.57 | +90.89% |
| Q2 2020 | 2020-02-29 | 0.75 | 0.18 | +31.20% |
| Q1 2020 | 2019-11-30 | 0.68 | 0.16 | +30.39% |
| Q4 2019 | 2019-08-31 | 0.56 | 0.00 | +0.73% |
| Q3 2019 | 2019-05-31 | 0.63 | −0.51 | −44.67% |
| Q2 2019 | 2019-02-28 | 0.57 | −0.51 | −47.11% |
| Q1 2019 | 2018-11-30 | 0.52 | −0.61 | −53.89% |
| Q4 2018 | 2018-08-31 | 0.56 | −0.55 | −49.71% |
| Q3 2018 | 2018-05-31 | 1.13 | 0.98 | +660.32% |
| Q2 2018 | 2018-02-28 | 1.08 | 0.97 | +886.26% |
| Q1 2018 | 2017-11-30 | 1.13 | — | — |
| Q4 2017 | 2017-08-31 | 1.10 | — | — |
| Q3 2017 | 2017-05-31 | 0.15 | — | — |
| Q2 2017 | 2017-02-28 | 0.11 | 0.08 | +254.77% |
| Q2 2016 | 2016-02-29 | 0.03 | −0.61 | −95.17% |
| Q2 2015 | 2015-02-28 | 0.64 | 0.23 | +56.10% |
| Q1 2015 | 2014-11-30 | 0.61 | 0.27 | +81.35% |
| Q4 2014 | 2014-08-31 | 0.58 | 0.23 | +64.82% |
| Q3 2014 | 2014-05-31 | 0.47 | 0.12 | +35.80% |
| Q2 2014 | 2014-02-28 | 0.41 | 0.14 | +51.65% |
| Q1 2014 | 2013-11-30 | 0.34 | 0.10 | +39.26% |
| Q4 2013 | 2013-08-31 | 0.35 | 0.11 | +44.64% |
| Q3 2013 | 2013-05-31 | 0.35 | 0.10 | +41.84% |
| Q2 2013 | 2013-02-28 | 0.27 | 0.06 | +26.37% |
| Q1 2013 | 2012-11-30 | 0.24 | 0.07 | +37.87% |
| Q4 2012 | 2012-08-31 | 0.24 | 0.19 | +355.67% |
| Q2 2012 | 2012-05-31 | 0.24 | — | — |
| Q1 2012 | 2012-02-29 | 0.21 | — | — |
| Q4 2011 · Nov 30 | 2011-11-30 | 0.18 | — | — |
| Q4 2011 · Aug 31 | 2011-08-31 | 0.05 | — | — |
Wd 40 debt-to-equity ratio trends
Over the last five fiscal years, Wd 40's debt-to-equity ratio decreased from 0.76 to 0.36, a change of −0.40. The latest reported quarter, Q3 2026, shows 0.41.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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