Sign in

VVV on NYSE

Valvoline

Logo: Valvoline, Public domain, via Wikimedia Commons5

American manufacturing company

Valvoline Inc. ( VAL-və-leen) is an American retail automotive services company based in Lexington, Kentucky. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains.3 Its shares trade on NYSE under the symbol VVV.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$1.7BRevenue, fiscal 20256
$210.7MNet income, fiscal 20256
Sep 6, 1866Founded1

Compare with Quaker Chemical Corporation, or pick any stock.

  • TickerVVV on NYSE1
  • Industryautomotive services industry, chemical industry1
  • HeadquartersLexington1
  • Founded inBinghamton1
  • Websitewww.valvoline.com
  • Legal formpublic company1
  • Business address100 Valvoline Way, Suite 100, Lexington, Ky 405097
  • Filer categoryLarge accelerated filer7
  • LEI549300CMHPBEY6VPOT754
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CT CORPORATION SYSTEM, 40601 Frankfort, United States4
  • Registered withBusiness Services (Office of the Secretary of State), 09525724

See how the biggest companies compare on our leaderboards

Valvoline Licensed ATF+4 Front
Photo: Hymn62, CC BY-SA 4.0, via Wikimedia Commons10

Valvoline Inc. ( VAL-və-leen) is an American retail automotive services company based in Lexington, Kentucky. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second-largest oil change service provider in the United States with 10% market share and over 1,650 locations.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

38.5%Gross margin6
22.8%Operating margin6
12.3%Net margin6
5.6%Revenue growth, 20256
62.2%Return on equity6
3.10×Debt to equity6
$38.0MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Oil Changes brought in 73% of the revenue Valvoline broke down this way in fiscal 2025.

  1. Oil Changes$1.2B673%up 5% from 2024
  2. Non-oil Changes$368.4M622%up 5% from 2024
  3. Franchise$94.6M66%up 18% from 2024
Products and services by year
Products and services202320242025
Oil Changes$1.1B$1.2B$1.2B
Non-oil Changes$297.6M$350.1M$368.4M
Franchise$71.6M$80.2M$94.6M

Regions

United States brought in 97% of the revenue Valvoline broke down this way in fiscal 2025.

  1. United States$1.7B697%up 5% from 2024
  2. International$53.2M63%up 13% from 2024
Regions by year
Regions202320242025
United States$1.4B$1.6B$1.7B
International$35.8M$47.2M$53.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue61¢$1.1B
  • Selling, general and admin20¢$349.9M
  • Other costs1¢$20.4M
  • Income tax5¢$77.5M
  • Profit12¢$210.7M

Out of $1.7B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending77¢$259.2M
  • Share buybacks23¢$76.8M

Out of $297.2M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue11121314156$1.7B in 2025−25% since 2018
0$1.0B$2.0B$3.0B2018: $2.3B$2.3B20182019: $2.4B$2.4B2019+5%2020: $727.0M$727.0M2020−70%2021: $1.0B$1.0B2021+43%2022: $1.2B$1.2B2022+19%2023: $1.4B$1.4B2023+17%2024: $1.6B$1.6B2024+12%2025: $1.7B$1.7B2025+6%
Gross profit11121314156$658.5M in 2025−18% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $806.0M$806.0M20182019: $810.0M$810.0M2019+0%2020: $301.0M$301.0M2020−63%2021: $432.3M$432.3M2021+44%2022: $476.4M$476.4M2022+10%2023: $544.5M$544.5M2023+14%2024: $618.8M$618.8M2024+14%2025: $658.5M$658.5M2025+6%
Operating income11121314156$389.9M in 2025−1% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $395.0M$395.0M20182019: $398.0M$398.0M2019+1%2020: $160.2M$160.2M2020−60%2021: $240.1M$240.1M2021+50%2022: $220.3M$220.3M2022−8%2023: $247.2M$247.2M2023+12%2024: $367.2M$367.2M2024+49%2025: $389.9M$389.9M2025+6%
Net income11121314156$210.7M in 2025+27% since 2018
0$500.0M$1.0B$1.5B2018: $166.0M$166.0M20182019: $208.0M$208.0M2019+25%2020: $316.6M$316.6M2020+52%2021: $420.3M$420.3M2021+33%2022: $424.3M$424.3M2022+1%2023: $1.4B$1.4B2023+235%2024: $211.5M$211.5M2024−85%2025: $210.7M$210.7M2025−0%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-09-302024-09-302023-09-30
Net revenues$1.7B$1.6B$1.4B
Cost of sales$1.1B$1.0B$899.0M
Gross profit$658.5M$618.8M$544.5M
Selling, general and administrative expenses$349.9M$305.1M$264.5M
Net legacy and separation-related expenses (income)$1.4M-$700.0K$32.8M
Other income, net-$82.7M-$52.8M$0
Operating income$389.9M$367.2M$247.2M
Net pension and other postretirement plan expenses (income)$23.6M$11.7M-$27.6M
Net interest and other financing expenses$74.0M$71.9M$38.3M
Total income before income taxes$292.3M$283.6M$236.5M
Income tax expense$77.5M$69.1M$37.1M
Income from continuing operations$214.8M$214.5M$199.4M
(Loss) income from discontinued operations, net of tax-$4.1M-$3.0M$1.2B
Continuing operations, basic earnings per share (usd per share)$2$2$1
Discontinued operations, basic earnings per share (usd per share)-$0-$0$8
Basic earnings per share (usd per share)$1.65$1.63$8.79
Continuing operations, diluted earnings per share (usd per share)$2$2$1
Discontinued operations, diluted earnings per share (usd per share)-$0-$0$8
Diluted earnings per share (usd per share)$1.64$1.61$8.73
Weighted average common shares outstanding, basic (in shares)127.9M shares130.1M shares161.6M shares
Weighted average common shares outstanding, diluted (in shares)128.6M shares131.0M shares162.6M shares
Net income$210.7M$211.5M$1.4B
Currency translation adjustments-$3.0M$4.2M$43.7M
Amortization of pension and other postretirement plan prior service credits-$1.7M-$1.7M-$1.7M
Unrealized loss on cash flow hedges$0-$5.8M-$7.5M
Other comprehensive (loss) income-$4.7M-$3.3M$34.5M
Comprehensive income$206.0M$208.2M$1.5B

Compare Valvoline with another company

Corporate structure

Valvoline sits at the top of its group. 22 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Valvoline

  • Valvoline Lexington, Kentucky, United States
    • Valvoline Instant Oil Change Subsidiary
    • Funding Corp. I Subsidiary · Delaware, United States
    • NuWash, Inc. Subsidiary · Delaware, United States
    • OCH International, Inc. Subsidiary · Oregon, United States
    • OCI Merger Sub Inc. Subsidiary · Delaware, United States
    • Valvoline Branded Finance, Inc. Subsidiary · Delaware, United States
    • Valvoline Canada Retail Services Corp. Subsidiary · British Columbia, Canada
    • Valvoline Canadian Franchising Corp. Subsidiary · British Columbia, Canada
    • Valvoline Express Care Subsidiary · United States
    • Valvoline HD LLC Subsidiary · Delaware, United States
    • VALVOLINE HOLDINGS B.V. Subsidiary · Lexington, Kentucky, United States
      • ELLIS ENTERPRISES B.V. Subsidiary · Dordrecht, Netherlands
      • VALVOLINE UK LIMITED Subsidiary · Lexington, Kentucky, United States
    • Valvoline Instant Oil Change Franchising, Inc. Subsidiary · Delaware, United States
    • Valvoline Licensing and Intellectual Property LLC Subsidiary · Delaware, United States
    • Valvoline LLC Defined Benefit Trust Subsidiary · Lexington, Kentucky, United States
    • Valvoline Quick Lube Corp. Subsidiary · British Columbia, Canada
    • Valvoline US LLC Subsidiary · Delaware, United States
    • Valvoline US Retail Services LLC Subsidiary · Delaware, United States
    • VIOC Funding, Inc. Subsidiary · Delaware, United States
    • VRS HoldCo LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Valvoline reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.5B15 Sep 30, 2024$1.2B15 Sep 30, 2023+17.6%
Accumulated depreciation$491.7M15 Sep 30, 2024$415.5M15 Sep 30, 2023+18.3%
Finance-lease assets$291.2M6 Sep 30, 2025$261.7M6 Sep 30, 2024+11.3%
Operating-lease assets (leased space)$331.8M6 Sep 30, 2025$298.6M6 Sep 30, 2024+11.1%

Real estate and locations

ItemLatestA year beforeChange
Stores2,2006 Sep 30, 20252,00015 Sep 30, 2024+10.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$51.6M6 Sep 30, 2025$68.3M6 Sep 30, 2024−24.5%
Marketable securities, current$015 Sep 30, 2024$347.5M15 Sep 30, 2023−100.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$658.0M6 Sep 30, 2025$615.3M6 Sep 30, 2024+6.9%
Finite-lived intangibles, gross$173.9M6 Sep 30, 2025$173.5M6 Sep 30, 2024+0.2%
Accumulated amortization$91.4M6 Sep 30, 2025$83.2M6 Sep 30, 2024+9.9%
Finite-lived intangibles, net$82.5M6 Sep 30, 2025$90.3M6 Sep 30, 2024−8.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$42.6M6 Sep 30, 2025$39.7M6 Sep 30, 2024+7.3%

Properties, in its own words

Valvoline is headquartered in Lexington, Kentucky, where the Company leases approximately 105,000 square feet of office space to support operations across its business, which excludes certain properties that the Company currently subleases to others. In addition, Valvoline owns or leases the property associated with 1,016 company-operated retail service center stores under the Valvoline Instant Oil ChangeSM and Valvoline Great Canadian Oil Change brands throughout the United States and Canada, respectively. Valvoline’s store leases typically have initial terms of up to 15 years with renewal options, exercisable at the Company’s discretion.

Valvoline believes its physical properties are suitable and adequate for the Company’s business, and none of the property owned by Valvoline is subject to any major known encumbrances. Additional information regarding lease obligations may be found in Note 6 of the Notes to Consolidated Financial Statements included in Item 8 of Part II of this Annual Report on Form 10-K.

Item 2 of the 10-K filed Nov 21, 2025.19

The story

In the early 1860s, Dr. John Ellis, a Massachusetts-born physician, traveled to Titusville, Pennsylvania, which was the epicenter of America's nascent petroleum industry, to research crude oil as a potential medical compound. Instead, he found it to be an excellent lubricant for machinery. Ellis built his own equipment for improving the crude's lubricating qualities. In 1866, he partnered with his wife's relative, who had an oil refinery in Binghamton, New York, to found the Continuous Oil Refining Company, which produced petroleum lubricant for steam engines. Originally, Ellis named his lubricant Binghamton Cylinder Oil, but two years later, he renamed it to the simpler and more memorable Valvoline. In 1869, he moved the Continuous Oil Refining Company to Brooklyn. With his son and son-in-law, Ellis renamed the company to "Ellis & Leonard" and relocated to Shadyside, New Jersey. Valvoline received commendations by Charles F. Chandler and others at the Paris Exhibition of 1878. By the 1890s, Valvoline oil was associated with winning race cars. During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T.

In 1949, Ashland Inc. purchased the Freedom-Valvoline Company.

By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. Valvoline completed an initial public offering on the New York Stock Exchange on September 22, 2016, ahead of Ashland spinning off Valvoline as an independent company on May 5, 2017.

On August 1, 2022, Saudi Aramco announced the acquisition of Valvoline's lubricant unit for US$2.65 billion.

From Wikipedia’s article on Valvoline, shared under CC BY-SA 4.0.8

Leadership

Who has led Valvoline, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Samuel J. Mitchell2016–2022
  2. Lori Ann Flees2023–now

President

  1. Anthony R. Puckett2016–2018
  2. Lori Ann Flees2023–now

Chief financial officer

  1. Mary E. Meixelsperger2016–2024
  2. J. Kevin Willis2025–now

Chief operating officer

  1. Linne Fulcher2023–now
197019801990200020102020
Board members and other officers (38)

Products and brands

  • additive
  • motor oil

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • Funding Corp. I Delaware9
  • NuWash, Inc. Delaware9
  • OCH International, Inc. Oregon9
  • OCI Merger Sub Inc. Delaware9
  • VIOC Funding, Inc. Delaware9
  • VRS HoldCo LLC Delaware9
  • Valvoline Branded Finance, Inc. Delaware9
  • Valvoline Canada Retail Services Corp. British Columbia, Canada9
  • Valvoline Canadian Franchising Corp. British Columbia, Canada9
  • Valvoline HD LLC Delaware9
  • Valvoline Instant Oil Change Franchising, Inc. Delaware9
  • Valvoline LLC Delaware9
  • Valvoline Licensing and Intellectual Property LLC Delaware9
  • Valvoline Quick Lube Corp. British Columbia, Canada9
  • Valvoline US LLC Delaware9
  • Valvoline US Retail Services LLC Delaware9

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 24, 20268-K Entered a material agreement; New debt or obligation62
  2. Aug 14, 20268-K Other events63
  3. Aug 5, 20268-K Results of operations; Regulation FD disclosure64
  4. Jul 23, 20268-K Executive or director change65
  5. Jun 30, 20268-K Entered a material agreement; New debt or obligation66
  6. May 7, 20268-K Results of operations; Regulation FD disclosure67
  7. Mar 9, 20268-K Executive or director change68
  8. Feb 4, 20268-K Results of operations; Regulation FD disclosure69
  9. Jan 29, 20268-K Executive or director change; Shareholder vote70
  10. Jan 5, 20268-K Executive or director change71
  11. Dec 11, 20258-K Regulation FD disclosure72
  12. Dec 1, 20258-K Entered a material agreement; New debt or obligation; Other events73
  13. Nov 20, 2023New chief executive Lori Ann Flees becomes CEO20
  14. Sep 22, 2016New chief executive Samuel J. Mitchell becomes CEO21
  15. Sep 22, 2016Went public Listed on NYSE1
  16. Sep 6, 1866Founded Founded in Binghamton1

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.45 a share, on Nov 19, 2025.74

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results64
  2. May 7, 2026Reported quarterly or annual results67
  3. Feb 4, 2026Reported quarterly or annual results69
  4. Nov 19, 2025Reported quarterly or annual results75
  5. Aug 6, 2025Reported quarterly or annual results76
  6. May 8, 2025Reported quarterly or annual results77
  7. Feb 6, 2025Reported quarterly or annual results78
  8. Nov 19, 2024Reported quarterly or annual results79

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

454 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 49 major events, 307 insider forms, 25 large holders, 52 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Sep 18, 20264 EDGAR
  3. Sep 4, 20264 EDGAR
  4. Sep 3, 20264 EDGAR
  5. Aug 24, 20264 EDGAR
  6. Aug 24, 20268-K EDGAR
  7. Aug 21, 2026144 EDGAR
  8. Aug 21, 20264 EDGAR
  9. Aug 14, 20264 EDGAR
  10. Aug 14, 20268-K EDGAR
  11. Aug 7, 20264 EDGAR
  12. Aug 5, 202610-Q EDGAR
  13. Aug 5, 20268-K EDGAR
  14. Aug 4, 2026SCHEDULE 13G/A EDGAR
  15. Jul 24, 20264 EDGAR
  16. Jul 24, 20264 EDGAR
  17. Jul 24, 20264 EDGAR
  18. Jul 24, 20263 EDGAR
  19. Jul 24, 20263 EDGAR
  20. Jul 23, 20268-K EDGAR

The 454 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

42 open-market trades by officers, directors and large owners since October 2021: 14 buys and 28 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 21, 2026O'Daniel Julie MarieChief Legal OfficerSale3,700$33.82$125.1KForm 4
Aug 12, 2026Denny Jordan M.Chief Accounting OfficerBuy1,506$33.20$50.0KForm 4
Jun 25, 2026Caldwell Jonathan L.Chief People OfficerSale2,851$40.00$114.0KForm 4
May 15, 2026Slater Jennifer LynnDirectorBuy1,000$32.53$32.5KForm 4
May 14, 2026WILLIS J KEVINChief Financial OfficerBuy10,000$31.80$318.0KForm 4
May 14, 2026Freeland Richard JosephDirectorBuy3,100$32.37$100.3KForm 4
Mar 3, 2026Caldwell Jonathan L.Chief People OfficerSale2,679$37.54$100.6KForm 4
Mar 2, 2026Caldwell Jonathan L.Chief People OfficerSale983$38.00$37.4KForm 4
Feb 20, 2026O'Daniel Julie MarieChief Legal OfficerSale4,312$38.55$166.2KForm 4
Nov 26, 2025O'Daniel Julie MarieChief Legal OfficerSale3,200$31.88$102.0KForm 4
Nov 24, 2025Flees Lori AnnPresident & CEOBuy4,500$30.82$138.7KForm 4
Nov 21, 2025WILLIS J KEVINChief Financial OfficerBuy10,000$31.41$314.1KForm 4
Aug 14, 2025WILLIS J KEVINChief Financial OfficerBuy12,725$39.41$501.5KForm 4
May 27, 2025Flees Lori AnnPresident & CEOBuy3,000$33.78$101.3KForm 4
Feb 25, 2025O'Daniel Julie MarieChief Legal OfficerSale6,000$37.41$224.5KForm 4
Feb 24, 2025Kruse Carol H.DirectorSale3,740$36.59$136.8KForm 4
Dec 11, 2024Dobbins Robert TravisChief Technology OfficerSale1,914$40.00$76.6KForm 4
Nov 27, 2024Flees Lori AnnPresident & CEOBuy2,500$39.64$99.1KForm 4
Nov 25, 2024SONSTEBY CHARLES MDirectorBuy10,000$39.50$395.0KForm 4
Aug 21, 2024O'Daniel Julie MarieChief Legal OfficerSale2,500$41.11$102.8KForm 4

All 42 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Lori A. FleesPresident and Chief Executive Officer$923.2K$4.8M88
2025J. Kevin WillisChief Financial Officer$240.4K$2.0M88
2025Mary E. MeixelspergerSenior Vice President Former Chief Financial Officer$482.2K$1.8M88
2025Linne R. FulcherSenior Vice President and Chief Operating Officer$511.6K$1.3M88
2025Julie M. O’DanielSenior Vice President, Chief Legal Officer and Corporate Secretary$469.9K$1.2M88
2025Jonathan L. CaldwellSenior Vice President and Chief People Officer$386.3K$961.5K88
2024Lori A. FleesPresident and Chief Executive Officer$892.3K$4.3M88
2024Mary E. MeixelspergerSenior Vice President Former Chief Financial Officer$627.6K$2.0M88
2024Linne R. FulcherSenior Vice President and Chief Operating Officer$494.2K$1.3M88
2024Julie M. O’DanielSenior Vice President, Chief Legal Officer and Corporate Secretary$455.6K$1.2M88
2024Jonathan L. CaldwellSenior Vice President and Chief People Officer$360.7K$901.9K88
2023Lori A. FleesPresident and Chief Executive Officer$700.0K$2.4M88
2023Mary E. MeixelspergerSenior Vice President Former Chief Financial Officer$614.1K$2.0M88
2023Julie M. O’DanielSenior Vice President, Chief Legal Officer and Corporate Secretary$445.8K$1.2M88

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.12,692,233$501.9M0.0%+370,401
Boston Partners6,807,933$269.1M0.2%+225,501
Wasatch Advisors LP6,074,830$240.2M1.6%−1,921,179
Vanguard Portfolio Management LLC5,810,128$229.7M0.0%+58,762
Vanguard Capital Management LLC5,783,788$228.7M0.0%+53,523
Fiduciary Management Inc /wi/5,122,337$202.5M2.9%+293,406
Wellington Management Group Llp4,657,248$184.1M0.0%−1,046,121
State Street Corp4,336,198$171.5M0.0%+124,441
Morgan Stanley3,827,602$151.3M0.0%+119,990
Cooke & Bieler LP3,473,065$137.3M1.6%−645,757
Neuberger Berman Group LLC3,276,798$129.6M0.1%+840,711
Citadel Advisors LLC3,120,627$123.4M0.1%+2,202,009
Marshall Wace, Llp3,097,486$122.5M0.1%+1,408,731
Dimensional Fund Advisors LP3,033,241$119.9M0.0%+59,390
Hawk Ridge Capital Management LP2,940,050$116.2M3.8%−207,760
Channing Capital Management, LLC2,859,112$113.0M2.6%−83,247
Alua Capital Management LP2,597,673$102.7M100.0%−868,059
Geode Capital Management, LLC2,524,867$99.9M0.0%−6,956
Vaughan Nelson Investment Management, L.P.2,344,701$92.7M0.8%−537,297
Junto Capital Management LP2,065,982$81.7M1.5%New
Snyder Capital Management L P2,017,556$79.8M1.4%+296,151
Royce & Associates LP1,913,257$75.7M0.6%+108,463
Charles Schwab Investment Management Inc1,875,205$74.1M0.0%−19,647
Clearbridge Investments, LLC1,760,488$69.6M0.1%+302,144
UBS Group AG1,724,360$68.2M0.0%+227,201

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Valvoline is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVALVOLINE INC2
  • CIK0001674910
  • Employer ID (EIN)30-093937119
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inKentucky19
  • Fiscal year endsSeptember 302
  • Industry code (SIC)2990 Miscellaneous Products of Petroleum & Coal2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address100 Valvoline Way, Suite 100, Lexington, KY 405092
  • Phone859-357-25912
  • Shares outstanding127,586,418 as of Jul 30, 202617
  • Public float$4.4B as of Mar 31, 202519
  • AuditorErnst & Young LLP, Louisville, Kentucky PCAOB ID 42; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceMay 31, 20162
  • Filings994 in all: 4 (617), 8-K (118), 3 (41), 10-Q (30), SC 13G/A (29), 144 (21), UPLOAD (15), 4/A (11)2
    All 36 form types

    CORRESP (11), DEF 14A (11), SC 13G (11), 10-K (10), DEFA14A (10), 11-K (9), S-8 (7), SCHEDULE 13G/A (7), S-1/A (5), 8-K/A (4), ARS (3), EFFECT (3), 424B3 (2), S-4 (2), SC TO-C (2), SC TO-I/A (2), SCHEDULE 13G (2), 10-K/A (1), 144/A (1), 3/A (1), 424B4 (1), 8-A12B (1), CERTNYS (1), CT ORDER (1), PRE 14A (1), S-1 (1), S-4/A (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Nov 21, 2025
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Dec 19, 2025
    Latest 8-K (8-K) Aug 24, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.01 per shareVVVNew York Stock Exchange

From the cover page of the 10-K filed Nov 21, 2025 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Valvoline names in Item 1A of its 10-K filed Nov 21, 2025: 26 risks under these headings, as written.19

  • Risks related to the industries in which Valvoline operates
  • Valvoline faces significant competition from other companies, which places downward pressure on prices and margins and may adversely affect Valvoline’s business and results of operations.
  • Rising and volatile supply costs and supply chain constraints or disruptions could adversely affect Valvoline’s results of operations.
  • Demand for Valvoline’s services could be adversely affected by spending trends, declining economic conditions, industry trends and a number of other factors, all of which are beyond its control.
  • Failure to develop and market new services and technologies could impact Valvoline’s competitive position and have an adverse effect on its business and results of operations.
  • Damage to Valvoline’s brand and reputation could have an adverse effect on its business.
  • Risks related to executing Valvoline’s strategy
  • Valvoline has set aggressive growth goals for its business, including increasing sales, cash flow, market share, margins and number of service center stores, to achieve its long-term strategic objectives. Execution of Valvoline’s growth strategies and business plans to facilitate that growth involves a number of risks.
  • Valvoline may be unable to execute its growth strategy, and acquisitions, investments and strategic partnerships could result in operating difficulties, dilution and other harmful consequences that may adversely impact Valvoline’s business and results of operations.
  • The business model for Valvoline is affected by the financial results of its franchisees.
  • Risks related to operating Valvoline's business
  • The Company’s enterprise resource planning (“ERP”) system implemented in fiscal 2024 adversely impacted Valvoline’s internal controls and could continue to negatively impact the business if remedial efforts are not effectively maintained.
The other 17 risks
  • Changes in economic conditions that impact customer spending could harm Valvoline’s business.
  • If Valvoline does not attract, train and retain quality employees in appropriate numbers, including key employees and management, performance could be adversely affected.
  • Valvoline uses information technology systems to conduct business, and a cybersecurity threat, data breach, security incident, failure of a key information technology system, or inability to enhance its capabilities could adversely affect Valvoline’s business and reputation.
  • Business disruptions from natural, operational and other catastrophic risks could seriously harm Valvoline’s operations and financial performance. In addition, a catastrophic event at one of Valvoline’s service center stores or involving its services or employees could lead to liabilities that could further impair its operations and financial performance.
  • Pandemics, epidemics or disease outbreaks may disrupt Valvoline’s business and operations, which could materially affect Valvoline’s financial condition, results of operations and forward-looking expectations.
  • The limited diversification of Valvoline’s operations subjects it to risks.
  • Regulatory, legal, and financial risks
  • Data protection requirements could increase operating costs and requirements and a breach in information privacy or other related risks could negatively impact operations.
  • The impact of changing laws or regulations or the manner of interpretation or enforcement of existing laws or regulations could adversely impact Valvoline’s financial performance and restrict its ability to operate its business or execute its strategies.
  • Valvoline’s substantial indebtedness may adversely affect its business, results of operations and financial condition.
  • Adverse developments and instability in financial institutions and markets may adversely impact Valvoline’s business and financial condition.
  • Valvoline’s pension and other postretirement benefit plan obligations are currently underfunded, and Valvoline may have to make significant cash payments to some or all of these plans, which would reduce the cash available for its business.
  • Valvoline may fail to adequately protect its intellectual property rights or may be accused of infringing the intellectual property rights of third parties.
  • Valvoline has incurred, and will continue to incur, costs as a result of Environmental Health and Safety (“EHS”) compliance requirements, which could adversely impact Valvoline’s cash flow, results of operations or financial condition.
  • The Company’s Amended and Restated Articles of Incorporation (the “Articles”) designate the Fayette County Circuit Court of the Commonwealth of Kentucky as the sole and exclusive forum for substantially all disputes between the Company and its shareholders, which may limit a shareholder’s ability to bring a claim in a favorable judicial forum for disputes with the Company and its directors, officers or employees.
  • Risks related to the sale of the Global Products business
  • Valvoline may be unable to achieve some or all of the strategic and financial benefits that it expects to achieve from the Transaction.
  • Valvoline is dependent on VGO for its product supply and certain indemnities have been agreed to with the Buyer, for which the Company may be negatively impacted if VGO is unable to provide these products or is unable to satisfy its indemnification obligations.
  • Risks related to Valvoline’s separation from Ashland
  • Ashland has agreed to indemnify Valvoline for certain liabilities. However, there can be no assurance that the indemnity will be sufficient to insure Valvoline against the full amount of such liabilities, or that Ashland’s ability to satisfy its indemnification obligation will not be impaired in the future.

Legal proceedings

From time to time, Valvoline is party to lawsuits, claims and other legal proceedings that arise in the ordinary course of business. For a description of Valvoline's legal proceedings, refer to Note 11 of the Notes to Consolidated Financial Statements in Item 8 of Part II of this Annual Report on Form 10-K.

The opening of Item 3, Legal Proceedings.19

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
    SEC EDGAROther events
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
  85. 85
  86. 86
  87. 87
  88. 88