ODCOil-Dri Corp of America
Miscellaneous Manufacturing Industries
- Revenue
- $494M
- 1.7% YoY
- Operating margin
- 13.8%
- 2.0% YoY
- EBITDA
- $90M
- 1.1% YoY
- Market cap
- $522M
- Employees
- 927
- $533K revenue each
- Net debt / EBITDA
- —
- AI in 10-K
- 2.8
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo1 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$2M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo141% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo29% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo4% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$533K · 56th pctBottom quartile of its SIC industry
- Quiet on AINo2.8 per 10K words · 67th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$522M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$1M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $349M | $413M | $438M | $486M | $494M | 1.7% |
| Operating income | $5M | $41M | $52M | $68M | $68M | 0.3% |
| Net income | $6M | $30M | $39M | $54M | $57M | 5.5% |
| Operating cash flow | $9M | $50M | $60M | $80M | $80M | 0.1% |
| Capex | $22M | $24M | $32M | $33M | $34M | 5.1% |
| Stock-based comp | $3M | $3M | $5M | $5M | $5M | 1.5% |
| Buybacks | $12M | $1M | $3M | $2M | $13M | 435% |
| Dividends | $7M | $7M | $8M | $8M | $10M | 24% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Jun 27, 2025 | GAMCO INVESTORS, INC. ET AL | SCHEDULE 13D/A | 9.4% | Passive |
| Jul 31, 2023 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 10.4% | Passive |
| Nov 25, 2020 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 11.4% | Passive |
| Apr 8, 2020 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 12.4% | Passive |
| Jan 6, 2020 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 13.4% | Passive |
| Nov 12, 2019 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 14.4% | Passive |
| Jun 13, 2019 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 15.4% | Passive |
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $1M · 4
- Net
- −$1M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $2M | $11M | 625 | 141 |
| FY2025 | $2M | $9M | 351 | 114 |
| FY2024 | $11M | $11M | 199 | 117 |
| FY2023 | $3M | $6M | 189 | 111 |
| FY2022 | $2M | $1M | 88 | 97 |