Valvoline Inc - Company Profile
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Valvoline Inc (Valvoline) is a manufacturer and distributor of finished lubricants and automotive chemicals. The company offers passenger car motor oils and other automotive services. Valvoline offers various preventative maintenance services across its service centers in the United States and Canada. The company operates through a network of service centers which consists of both company-owned and franchised locations. Valvoline also offers various franchise-specific services, which include support and training. It also offers fleet services nationwide in the United States. Valvoline is headquartered in Lexington, Kentucky, the US.
Headquarters
United States of America
Address
100 Valvoline Way, Suite 100, Lexington, Kentucky, 40509
Website
www.valvoline.com
Telephone
1 859 3572591
No of Employees
10,900
Industry
Automotive
Ticker Symbol & Exchange
VVV (NYSE)
Revenue (2022)
$1.4B
16.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
234.6%
(2022 vs 2021)
Market Cap*
$5.3B
Net Profit Margin (2022)
XYZ
186.5%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Services | Brands |
|---|---|
| Fluid Exchange: | Valvoline |
| Motor Oil Change | |
| Transmission Fluid Change | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In February, the company announced the opening of its 1000th franchise location. |
| 2024 | Corporate Awards | In January, the company’s Instant Oil Change was recognized as an industry-leading franchise by Entrepreneur's Franchise 500. |
| 2023 | Contracts/Agreements | In September, the company announced equity investment in HAERTOL to expand its products and solutions to service consumer and customer needs globally. |
Competitor Comparison
| Key Parameters | Valvoline Inc | Exxon Mobil Corp | Shell plc | BP Plc | Indian Oil Corp Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United Kingdom | United Kingdom | India |
| City | Lexington | Spring | London | London | New Delhi |
| State/Province | Kentucky | Texas | England | England | Delhi |
| No. of Employees | 10,900 | 62,000 | 103,000 | 87,800 | 31,095 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard J. Freeland | Chairman | Executive Board | 2022 | 66 |
| Lori A. Flees | Chief Executive Officer; Director; President - Valvoline Retail Services | Executive Board | 2023 | 53 |
| Mary E. Meixelsperger | Chief Financial Officer | Senior Management | 2016 | 63 |
| Dione R. Sturgeon | Controller; Chief Accounting Officer | Senior Management | 2023 | 46 |
| Travis Dobbins | Senior Vice President; Chief Technology Officer | Senior Management | 2023 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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