Filing Flows › Valvoline (VVV) › Q2 FY25
Valvoline (VVV) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 8, 2025
Valvoline (VVV) reported revenue of $403M for the second quarter fiscal 2025 (Q2 FY25), +4% from a year earlier and -3% from the quarter before. Operating margin was 16.6%, net earnings $37.6M (9.3% of revenue).
Valvoline, Q2 FY25: revenue $403M (+4% year over year), operating margin 16.6%, net earnings $37.6M, operating cash flow $47.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $403M | -3% | +4% |
| Gross profit | $150M | -2% | +3% |
| Operating profit | $66.9M | -53% | -12% |
| Net earnings | $37.6M | -59% | -9% |
| Operating cash flow | $47.2M | +15% | -31% |
What changed
Revenue was $403.2M in Q2 FY25, up 4% year over year and down 3% from the previous quarter.
Gross margin was 37.3%, down 0.3 points from a year earlier. Operating profit was $66.9M, a 16.6% margin (down 3.1 points year over year). Operating profit fell $9.5M even though revenue rose $14.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 20% against revenue growth of 4%. Net earnings were $37.6M, down 9% year over year. The effective tax rate was 25.1%.
Operating cash flow was $47.2M (down 31% year over year), 126% of net earnings. Non-cash charges added back $2.6M of share-based compensation. Working capital and other items added $7.0M. Capital expenditures of $51.8M exceeded it, leaving free cash flow of −$4.6M.
Questions
What was Valvoline's revenue in the second quarter fiscal 2025?
Valvoline (VVV) reported revenue of $403M for the second quarter fiscal 2025 (Q2 FY25), +4% from a year earlier and -3% from the quarter before.
Was Valvoline profitable in the second quarter fiscal 2025?
Operating profit was $66.9M (16.6% of revenue) and net earnings $37.6M.
Source: Valvoline 10-Q on SEC EDGAR.