The Moat Index

OIL-DRI CORPORATION OF AMERICA

ODC · Consumer Discretionary · FY2025 filings · Shallow moat ·

Doesn't clear the bar

56/ 100
Shallow moat

The four filters

Pricing power34

Median gross margin 26.0% over 10y, stable.

Returns on capital53

Median ROIC 12.4%, above the 9% hurdle in 60% of years.

Balance-sheet safety73

Net debt/EBITDA n/ax, interest coverage 28x.

Capital discipline76

Owner earnings +15.2%/yr, share count growing (dilution).

Margin of safety

Above valueOn sale
No price data
Owner earnings (normalized)
$29.6M
Est. intrinsic value / share
Recent price
$97.21
Discount to value
No price data

Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

17 years of fundamentals

The business, in plain English

OIL-DRI CORPORATION OF AMERICA booked $485.6M of revenue in FY2025 in the Consumer Discretionary sector and kept 29.5% of it as gross profit — a moderate-margin business by that measure. After every other cost, 11.1% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $219.1M (FY2010) to $485.6M (FY2025) — about 5.5% a year compounded over 15 years.

It earned 26.7% on invested capital in FY2025, with a median of 13.3% across 16 filed years. The Returns on Capital filter above scores it 53/100.

ODC's filings don't disclose total debt in a form the methodology can use, so leverage is treated as unmeasured — never assumed to be zero.

The share count has held roughly flat between FY2010 and FY2019. Capital Discipline scores it 76/100.

Put together: Capital Discipline is the strongest of the four filters (76/100) and Pricing Power the weakest (34/100), which is how ODC lands at 56/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2009–FY2025 · 17 fiscal years, normalized from ODC’s SEC filings

RevenueSales, as filed$485.6M FY2025
$0$200M$400M2009201520212025
Gross marginRevenue kept after cost of goods29.5% FY2025
0%20%2009201520212025
Return on invested capitalOperating profit on the capital employed26.7% FY2025
0%10%20%2009201520212025
Owner earningsCash an owner could take out$54.0M FY2025
$0$20M$40M2009201520212025

Gaps in a line mean that item isn’t in ODC’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

3 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale55.7 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — ODC has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Consumer Discretionary context

#129 of 340 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #127WLDN Willdan Group, Inc.55.9 out of 100, Shallow moatShallow moat
  2. #128MAT MATTEL INC /DE/55.8 out of 100, Shallow moatShallow moat
  3. #130SAH SONIC AUTOMOTIVE, INC.55.7 out of 100, Shallow moatShallow moat
  4. #131LMT LOCKHEED MARTIN CORPORATION55.6 out of 100, Shallow moatShallow moat

Compare ODC with its nearest peersAll Consumer Discretionary companies on the Index →

Common questions about ODC

Does OIL-DRI CORPORATION OF AMERICA have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores OIL-DRI CORPORATION OF AMERICA (ODC) 55.7 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 34, returns on capital 53, balance-sheet safety 73, capital discipline 76.
How has ODC's Moat Score changed over time?
The record logs 3 readings since Jul 17, 2026; the latest reads 55.7 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.
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OIL-DRI CORPORATION OF AMERICA (ODC) Moat Score — The Moat Index · Buy Like Buffett