Oil-Dri Corp. of America (ODC) intrinsic value & 10-year financials

Oil-Dri Corp. of America (ODC) has a Graham intrinsic value of $1.58 per share. At $75.33 on Oct 17, 2026, the stock trades 4668% above that value. Over the last 10 fiscal years revenue grew 7.1% a year to $485.6M, with an average return on invested capital of 13.8%.

Graham intrinsic value
$1.58
Share price (Oct 17, 2026)
$75.33
Price vs Graham value
4668% above
Market cap
$2.4B
Revenue (FY2025)
$485.6M
Revenue growth (10-yr CAGR)
7.1%
ROIC (10-yr avg)
13.8%
Free cash flow (FY2025)
$47.6M

ODC 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $485.6M $54.0M — $47.6M 14.0% 26.3%
FY2024 $437.6M $39.4M — $28.3M 11.8% 23.0%
FY2023 $413.0M $29.6M — $25.4M 9.9% 23.4%
FY2022 $348.6M $5.7M — -$13.0M 1.4% 3.3%
FY2021 $305.0M $11.1M — -$5.2M 4.3% 8.3%
FY2020 $283.2M $18.9M — $27.7M 8.8% 17.6%
FY2019 $277.0M $12.6M $1.67 $11.7M 3.8% 7.9%
FY2018 $266.0M $8.2M $1.11 -$4.5M 5.5% 6.3%
FY2017 $262.3M $10.8M $1.47 $12.2M 5.8% 9.4%
FY2016 $262.3M $13.6M $1.87 $14.5M 5.9% 12.6%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Oil-Dri Corp of America has demonstrated mature, steady growth, with revenue compounding at 7.1% annually over the past decade.

Oil-Dri Corp of America returns on capital have been average, hovering around 13.8% ROIC over the decade.

Oil-Dri Corp of America capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Oil-Dri Corp of America is modeled at -3.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.58 per share.

ODC stock: frequently asked questions

What is the intrinsic value of Oil-Dri Corp. of America (ODC) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -3.7% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ODC's intrinsic value is about $1.58 per share.

Is ODC stock undervalued?

At $75.33 (close on Oct 17, 2026), ODC trades 4668% above its Graham value of $1.58. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Oil-Dri Corp. of America grown?

Revenue went from $262.3M in fiscal 2016 to $485.6M in fiscal 2025, a compound annual growth rate of 7.1%. Net income was $54.0M in fiscal 2025.

Does Oil-Dri Corp. of America generate free cash flow?

Oil-Dri Corp. of America generated $47.6M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 7 of the last 10 reported years.

What is ODC's return on invested capital?

Average ROIC over the last 10 fiscal years was 13.8%, and average return on equity was 12.2%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ODC data come from?

From Oil-Dri Corp. of America's annual 10-K filings on SEC EDGAR, most recently filed Jun 8, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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