Filing Flows › Oil-Dri Corp of America (ODC) › Q2 FY25
Oil-Dri Corp of America (ODC) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 11, 2025
Oil-Dri Corp of America (ODC) reported revenue of $117M for the second quarter fiscal 2025 (Q2 FY25), +11% from a year earlier and -9% from the quarter before. Operating margin was 15.0%, net earnings $12.9M (11.1% of revenue).
Oil-Dri Corp of America, Q2 FY25: revenue $117M (+11% year over year), operating margin 15.0%, net earnings $12.9M, operating cash flow $21.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $117M | -9% | +11% |
| Gross profit | $34.4M | -16% | +11% |
| Operating profit | $17.5M | -17% | +15% |
| Net earnings | $12.9M | -21% | +4% |
| Operating cash flow | $21.4M | +96% | +128% |
| Free cash flow | $16.4M | — | +765% |
What changed
Revenue was $116.9M in Q2 FY25, up 11% year over year and down 9% from the previous quarter. Retail and Wholesale Products was the largest line at 63% of revenue. Business to Business Products added $7.2M year over year (up 20%), 64% of the total change.
Gross margin was 29.5%, up 0.2 points from a year earlier. Operating profit was $17.5M, a 15.0% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, above the 14% margin then. Operating expenses grew 8% against revenue growth of 11%. Net earnings were $12.9M, up 4% year over year. The effective tax rate was 20.5%.
Operating cash flow was $21.4M (up 128% year over year), 166% of net earnings. Non-cash charges added back $5.4M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $1.7M. Capital expenditures of $5.0M left free cash flow of $16.4M.
Questions
What was Oil-Dri Corp of America's revenue in the second quarter fiscal 2025?
Oil-Dri Corp of America (ODC) reported revenue of $117M for the second quarter fiscal 2025 (Q2 FY25), +11% from a year earlier and -9% from the quarter before.
Was Oil-Dri Corp of America profitable in the second quarter fiscal 2025?
Operating profit was $17.5M (15.0% of revenue) and net earnings $12.9M.