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Cabot vs WD 40: CBT and WDFC compared
Cabot is the larger company: $1.0B of revenue in its latest quarter (Q4 FY26) against $177M for WD 40 (Q4 FY26). Cabot is growing faster (+12% against +8% a year earlier). Cabot is more profitable, with an operating margin of 12.0% against 10.8%.
Where the money goes: CBT and WDFC
Cabot (CBT) · Q4 FY26
Cabot, Q4 FY26: revenue $1.0B (+12% year over year), operating margin 12.0%, net earnings $66.0M. The chart follows the revenue to costs, profit and cash.
WD 40 (WDFC) · Q4 FY26
WD 40, Q4 FY26: revenue $177M (+8% year over year), operating margin 10.8%, net earnings $14.4M, operating cash flow $50.2M. The chart follows the revenue to costs, profit and cash.
| Cabot (CBT) | WD 40 (WDFC) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q4 FY26 |
| Revenue | $1.0B | $177M |
| Revenue growth, Y/Y | +12% | +8% |
| Gross margin | 20.2% | 52.8% |
| Operating margin | 12.0% | 10.8% |
| Net earnings | $66.0M | $14.4M |
| Net margin | 6.5% | 8.1% |
| Operating cash flow | — | $50.2M |
| Free cash flow | — | $46.7M |
| Market value | $3.7B | $2.8B |
| P/E | 16.7× | 33.6× |
| Analysts’ mean target | $87.00 | $254.00 |
Where the revenue comes from
WD 40
- Total maintenance products: $170M (96%)
- HCCP: $6.3M (4%)
Questions
Which is bigger, Cabot or WD 40?
Cabot is the larger company: $1.0B of revenue in its latest quarter (Q4 FY26) against $177M for WD 40 (Q4 FY26).
Is Cabot or WD 40 growing faster?
Cabot is growing faster (+12% against +8% a year earlier).
Which is more profitable, Cabot or WD 40?
Cabot is more profitable, with an operating margin of 12.0% against 10.8%.
More: Cabot earnings · how Cabot makes money · WD 40 earnings · how WD 40 makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 2, 2026; 10-K filed Oct 26, 2026). Fiscal quarters can end on different dates. Not investment advice.