Valvoline Inc. (VVV) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 272.3M | 255.2M | 243.7M | 239M | 230M | 212.7M | 255.4M | 256.4M | 701.4M | 710.6M | 936.7M | 1.09B | 2.46B | 1.7B | 1.62B | 1.05B | 1.02B | 1B | 1.04B | 1.02B |
| Cash & Short-Term Investments | 84.7M | 69.9M | 51.6M | 68.3M | 61.9M | 60M | 68.3M | 66.9M | 494.5M | 540.4M | 756.6M | 950.8M | 2.33B | 21M | 23.4M | 98M | 118M | 152M | 122.6M | 226M |
| Cash Only | 84.7M | 69.9M | 51.6M | 68.3M | 61.9M | 60M | 68.3M | 65.7M | 494.5M | 420.7M | 409.1M | 526.7M | 2.33B | 21M | 23.4M | 98M | 118M | 152M | 122.6M | 226M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2M | 0 | 119.7M | 347.5M | 424.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 92.6M | 98.5M | 89.6M | 89.8M | 86.1M | 84.7M | 86.4M | 97.5M | 109.6M | 83.5M | 81.3M | 71.9M | 61.1M | 56.9M | 66.1M | 583M | 563M | 530M | 65.3M | 490M |
| Days Sales Outstanding | 17.07 | 18.74 | 18.19 | 18.23 | 19.06 | 19 | 19.42 | 22.36 | 22.6 | 20.3 | 18.07 | 16.09 | 15.41 | 17 | 89.02 | 54.49 | 166.17 | 95.31 | 30.59 | 53.89 |
| Inventory | 47.6M | 48.5M | 42.6M | 41.3M | 41.5M | 38M | 39.7M | 40.2M | 37.5M | 31.5M | 33.3M | 34.1M | 33.5M | 31.2M | 29.4M | 306M | 276M | 264M | 27.4M | 247M |
| Days Inventory Outstanding | 13.65 | 14.49 | 13.97 | 14.41 | 14.16 | 13.67 | 13.86 | 13.92 | 12.95 | 12.49 | 12.83 | 13.64 | 13.37 | 13.03 | 74.79 | 38.89 | 128.78 | 76.55 | 21.43 | 39.7 |
| Other Current Assets | 47.4M | 38.3M | 37.6M | 39.6M | 40.5M | 30M | 61M | 52.7M | 59.8M | 55.2M | 65.5M | 30.3M | 29M | 1.55B | 1.46B | 0 | 0 | 0 | 821.8M | 0 |
| Total Non-Current Assets | 3.15B | 3.15B | 2.43B | 2.32B | 2.22B | 2.14B | 2.18B | 2.12B | 2.06B | 2B | 1.95B | 1.9B | 1.82B | 1.85B | 1.8B | 2.3B | 2.23B | 2.18B | 2.15B | 2.03B |
| Property, Plant & Equipment | 1.64B | 1.62B | 1.47B | 1.38B | 1.31B | 1.22B | 1.26B | 1.22B | 1.17B | 1.11B | 1.08B | 1.03B | 981.2M | 946.8M | 916.7M | 1.2B | 1.16B | 1.13B | 1.12B | 1.08B |
| Fixed Asset Turnover | 0.31x | 0.30x | 0.32x | 0.33x | 0.32x | 0.33x | 0.35x | 0.35x | 0.34x | 0.34x | 0.37x | 0.37x | 0.36x | 0.36x | 0.32x | 0.81x | 0.26x | 0.25x | 0.76x | 0.75x |
| Goodwill | 1.18B | 0 | 658M | 0 | 0 | 0 | 615.3M | 0 | 0 | 0 | 578M | 0 | 0 | 0 | 548.2M | 685M | 665M | 0 | 644M | 641M |
| Intangible Assets | 97.8M | 1.3B | 82.5M | 713.1M | 690.8M | 689.5M | 90.3M | 693.7M | 692.3M | 685.6M | 102.6M | 678M | 673.1M | 668.2M | 114.9M | 119M | 123M | 782M | 131M | 132M |
| Long-Term Investments | 4.5M | 4.4M | 4.3M | 4.5M | 4.3M | 0 | 0 | 5.8M | 7.7M | 7.6M | 0 | 9.8M | 9.8M | 12M | 0 | 48M | 53M | 50M | 47M | 47M |
| Other Non-Current Assets | 222.4M | 217M | 177.2M | 225.2M | 218.8M | 222.8M | 220.4M | 203.2M | 203.3M | 198.5M | 187.8M | 194.5M | 168M | 140.9M | 154.3M | 250M | 222M | 204M | 194M | 119M |
| Total Assets | 3.42B | 3.4B | 2.67B | 2.56B | 2.45B | 2.35B | 2.44B | 2.38B | 2.76B | 2.71B | 2.89B | 2.99B | 4.28B | 3.55B | 3.42B | 3.35B | 3.25B | 3.18B | 3.19B | 3.05B |
| Asset Turnover | 0.15x | 0.15x | 0.17x | 0.18x | 0.17x | 0.17x | 0.18x | 0.16x | 0.14x | 0.13x | 0.13x | 0.10x | 0.09x | 0.10x | 0.10x | 0.29x | 0.09x | 0.09x | 0.27x | 0.27x |
| Asset Growth % | 39.49% | 44.78% | 9.5% | 7.83% | -11.23% | -13.27% | -15.61% | -20.43% | -35.45% | -23.71% | -15.42% | -10.83% | 31.79% | 11.58% | 7.08% | 9.81% | 11.19% | 0.86% | 4.59% | 2.9% |
| Total Current Liabilities | 371.3M | 363.8M | 347.4M | 327.5M | 315.6M | 303.6M | 353.9M | 351.4M | 963.7M | 317.4M | 362.3M | 405.9M | 621.6M | 924.4M | 919.4M | 641M | 585M | 541M | 569M | 507M |
| Accounts Payable | 112.7M | 113.4M | 118.9M | 100.8M | 102.5M | 88.3M | 117.4M | 107.7M | 118.8M | 77.2M | 118.7M | 96.4M | 85.8M | 46.6M | 45M | 265M | 238M | 218M | 38.6M | 216M |
| Days Payables Outstanding | 32.12 | 36.94 | 36.58 | 35.39 | 33.98 | 36.2 | 39.04 | 40.59 | 36.78 | 37.77 | 40.94 | 36.76 | 27.36 | 19.69 | 69.12 | 33.61 | 108.74 | 67.41 | 19.88 | 33.8 |
| Short-Term Debt | 31.2M | 31.2M | 72.6M | 23.8M | 23.8M | 23.8M | 68.4M | 23.8M | 623.8M | 23.8M | 65.3M | 23.7M | 23.8M | 224.5M | 199.9M | 61M | 47M | 32M | 48.3M | 6M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 227.4M | 219.2M | 135.4M | 202.9M | 189.3M | 191.5M | 168.1M | 219.9M | 221.1M | 216.4M | 178.3M | 285.8M | 512M | 653.3M | 674.5M | 315M | 300M | 291M | 481.8M | 285M |
| Current Ratio | 0.73x | 0.70x | 0.70x | 0.73x | 0.73x | 0.70x | 0.72x | 0.73x | 0.73x | 2.24x | 2.59x | 2.68x | 3.95x | 1.84x | 1.76x | 1.64x | 1.74x | 1.85x | 1.82x | 2.00x |
| Quick Ratio | 0.61x | 0.57x | 0.58x | 0.60x | 0.60x | 0.58x | 0.61x | 0.62x | 0.69x | 2.14x | 2.49x | 2.59x | 3.90x | 1.81x | 1.73x | 1.16x | 1.26x | 1.36x | 1.77x | 1.52x |
| Cash Conversion Cycle | -1.4 | -3.71 | -4.42 | -2.74 | -0.76 | -3.53 | -5.76 | -4.3 | -1.23 | -4.97 | -10.04 | -7.04 | 1.43 | 10.34 | 94.69 | 59.76 | 186.2 | 104.46 | 32.14 | 59.78 |
| Total Non-Current Liabilities | 2.7B | 2.73B | 1.98B | 1.92B | 1.89B | 1.82B | 1.9B | 1.92B | 1.74B | 2.33B | 2.32B | 2.29B | 2.29B | 2.34B | 2.19B | 2.48B | 2.46B | 2.48B | 2.49B | 2.52B |
| Long-Term Debt | 1.63B | 2.01B | 1.05B | 1.06B | 1.05B | 1.01B | 1.07B | 1.13B | 951.3M | 1.56B | 1.56B | 1.57B | 1.57B | 1.66B | 1.53B | 1.64B | 1.65B | 1.66B | 1.64B | 1.69B |
| Capital Lease Obligations | 371M | 376M | 544.6M | 312.2M | 295.2M | 273.1M | 487M | 270.3M | 269M | 253.9M | 446.2M | 245M | 239.6M | 234.5M | 419M | 288M | 280M | 276M | 385.4M | 356M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58M | 42M | 34M | 26M | 0 |
| Other Non-Current Liabilities | 699.2M | 345.1M | 389.7M | 552.4M | 541.2M | 534M | 342.2M | 521.7M | 518.9M | 516.4M | 315.9M | 481.4M | 473.4M | 447.2M | 246.7M | 496M | 493M | 503M | 436.7M | 472M |
| Total Liabilities | 3.07B | 3.09B | 2.33B | 2.25B | 2.2B | 2.12B | 2.25B | 2.27B | 2.7B | 2.64B | 2.69B | 2.7B | 2.91B | 3.26B | 3.11B | 3.12B | 3.05B | 3.02B | 3.06B | 3.03B |
| Total Debt | 2.03B | 2.42B | 1.67B | 1.39B | 1.37B | 1.31B | 1.63B | 1.42B | 1.84B | 1.83B | 2.07B | 1.84B | 1.84B | 2.12B | 2.14B | 1.99B | 1.98B | 1.97B | 2.07B | 2.05B |
| Net Debt | 1.94B | 2.35B | 1.62B | 1.33B | 1.31B | 1.25B | 1.56B | 1.35B | 1.35B | 1.41B | 1.66B | 1.31B | -497.7M | 2.09B | 2.12B | 1.89B | 1.85B | 1.82B | 1.95B | 1.82B |
| Debt / Equity | 5.75x | 7.86x | 4.93x | 4.44x | 5.51x | 5.68x | 8.76x | 13.33x | 30.68x | 28.31x | 10.21x | 6.43x | 1.34x | 7.31x | 6.99x | 8.80x | 9.88x | 11.80x | 15.36x | 89.26x |
| Debt / EBITDA | 16.11x | 24.36x | 14.21x | 11.14x | 14.39x | 7.60x | 9.95x | 11.80x | 18.08x | 20.99x | 21.10x | 16.99x | 22.45x | 44.25x | 24.79x | 12.20x | 34.29x | 28.59x | 12.49x | 13.25x |
| Net Debt / EBITDA | 15.44x | 23.66x | 13.77x | 10.62x | 13.73x | 7.25x | 9.53x | 11.25x | 13.23x | 16.18x | 16.93x | 12.12x | -6.08x | 43.81x | 24.52x | 11.58x | 32.20x | 26.36x | 11.75x | 11.77x |
| Interest Coverage | 5.22x | 0.76x | 4.68x | 5.11x | 4.01x | 8.27x | 5.08x | 3.77x | 4.70x | 4.37x | 10.73x | - | 4.33x | 1.37x | 1.80x | 7.79x | 2.73x | 3.61x | 11.95x | 8.53x |
| Total Equity | 353.1M | 307.6M | 338.5M | 313.6M | 248.7M | 229.8M | 185.6M | 106.5M | 60.1M | 64.8M | 203.2M | 285.4M | 1.37B | 289.3M | 306.6M | 226M | 200M | 167M | 135M | 23M |
| Equity Growth % | 41.98% | 33.86% | 82.38% | 194.46% | 313.81% | 254.63% | -8.66% | -62.68% | -95.62% | -77.6% | -33.72% | 26.28% | 586.2% | 73.23% | 127.11% | 882.61% | 457.14% | 403.64% | 277.63% | 112.23% |
| Book Value per Share | 2.75 | 2.41 | 2.60 | 2.45 | 1.94 | 1.77 | 1.42 | 0.82 | 0.46 | 0.49 | 1.46 | 1.76 | 7.95 | 1.64 | 1.72 | 1.26 | 1.10 | 0.92 | 0.74 | 0.13 |
| Total Shareholders' Equity | 353.1M | 307.6M | 338.5M | 313.6M | 248.7M | 229.8M | 185.6M | 106.5M | 60.1M | 64.8M | 203.2M | 285.4M | 1.37B | 289.3M | 306.6M | 226M | 200M | 167M | 135M | 23M |
| Common Stock | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.4M | 1.7M | 1.7M | 1.8M | 2M | 2M | 2M | 2M | 2M |
| Retained Earnings | 285.6M | 240.8M | 273.6M | 248.6M | 192.1M | 175.2M | 123.2M | 46.3M | 400K | -200K | 140.7M | 222.2M | 1.31B | 254.6M | 282M | 186M | 147M | 123M | 90M | -29M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 4.4M | 6.5M | 5.2M | 8.2M | 2.5M | 3M | 9.9M | 10M | 13.1M | 17.4M | 13.2M | 17M | 17.9M | -7.8M | -21.3M | -3M | 15M | 9M | 8M | 18M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |