How Valvoline makes money

Period

FY2025

How does Valvoline make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Valvoline Inc. · FY2025 · year ended 2025-09-30

Revenue$1.7BGross profit$659M · 39%Cost of revenue$1.1B · 61%Operating income$390M · 23%Operating expenses$269M · 16%Other opex$269M · 16%Pre-tax income$288M · 17%Other expense$102M · 6%Net income$211M · 12%Income tax$78M · 5%Oil Changes$1.2B · 73%Non Oil Changes$368M · 22%Franchise$95M · 6%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.