Oil-Dri is a leading manufacturer and supplier of high-quality sorbent mineral products for the Pet Care, Animal Health & Nutrition, Fluids Purification, Agricultural Ingredients, Industrial & Automotive, and Sports Fields markets. Oil-Dri is vertically integrated which enables the company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With over 75 years of experience, the company continues to fulfill its mission to Create Value from Sorbent Minerals.

Company profile
Ticker
ODC
Exchange
Website
CEO
Daniel Jaffee
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Brady • Hillenbrand • Array • Jason Industries • Daktronics • PlayAGS • Summer Infant • Global Consumer Acquisition • Shapeways • Amcor ...
Former names
OIL DRI CORP OF AMERICA, OIL DRI CORPORATION OF AMERICA
SEC CIK
Corporate docs
Subsidiaries
Agromex Importaciones, S.A. de C.V. • Amlan Trading (Shenzhen) Company, Ltd. • Blue Mountain Production Company • Mounds Management, Inc. • Mounds Production Company, LLC • ODC Acquisition Corp. • Oil-Dri Canada ULC • Oil-Dri Corporation • Amlan International • Oil-Dri Production Company ...
IRS number
362048898
ODC stock data
Press releases
Amlan International Launches Two New Natural Alternatives to Antibiotics for Poultry and Livestock
27 Apr 22
Oil-Dri Announces Price Increases on its Agricultural and Fluid Purification Products
15 Apr 22
Oil-Dri Announces Plans to Raise Prices on its Industrial and Automotive Absorbent Products
1 Apr 22
Oil-Dri Announces Appointment of Patrick J. Walsh as New Vice President, Human Resources and Declares Quarterly Dividends
23 Mar 22
Amlan to Feature New Product, Phylox® and Share Recent Commercial Varium® Research at XLVI ANECA 2022 Annual Congress
15 Mar 22
Calendar
11 Mar 22
20 May 22
31 Jul 22
Financial summary
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Diluted EPS |
Annual (USD) | Jul 21 | Jul 20 | Jul 19 | Jul 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 29.01M | 29.01M | 29.01M | 29.01M | 29.01M | 29.01M |
Cash burn (monthly) | (no burn) | 141.58K | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 517.94K | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 28.49M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 201.2 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Mar 22 | Patrick James Walsh | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0 | 15,000 |
31 Jan 22 | Christopher B Lamson | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0 | 30,000 |
27 Jan 22 | Mary Beth Sullivan | Common Stock | Gift | Acquire G | Yes | No | 0 | 6,042 | 0 | 6,042 |
27 Jan 22 | Mary Beth Sullivan | Common Stock | Gift | Dispose G | No | No | 0 | 6,042 | 0 | 3,458 |
Institutional ownership, Q1 2022
65.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 61 |
Opened positions | 4 |
Closed positions | 5 |
Increased positions | 18 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 99.42M |
Total shares | 3.47M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
GBL Gamco Investors | 480.44K | $13.77M |
Dimensional Fund Advisors | 388.8K | $11.14M |
Vanguard | 374.45K | $10.73M |
BLK Blackrock | 312.57K | $8.96M |
Renaissance Technologies | 310.64K | $8.9M |
Heartland Advisors | 133.07K | $3.81M |
TROW T. Rowe Price | 114.83K | $3.29M |
STT State Street | 105.06K | $3.01M |
Punch & Associates Investment Management | 100K | $2.87M |
WFC Wells Fargo & Co. | 97.99K | $2.81M |
Financial report summary
?Risks
- Our future growth and financial performance depend in large part on successful new product introductions.
- We face intense competition in our markets.
- Our periodic results may be volatile.
- Acquisitions involve a number of risks, any of which could cause us not to realize the anticipated benefits.
- We depend on a limited number of customers for a large portion of our net sales.
- Price or trade concessions, or the failure to make them to retain customers, could adversely affect our sales and profitability.
- Increases in energy, commodity and transportation costs would increase our operating costs, and we may be unable to pass all these increases on to our customers in the form of higher prices and surcharges.
- Our business could be negatively affected by supply, capacity, labor, information technology and logistics disruptions or the costs incurred to avoid these disruptions.
- Changes in inventory strategy by our customers as well as other external factors could adversely affect our sales and increase our inventory risk.
- Environmental, health and safety matters create potential compliance and other liability risks.
- Government regulation imposes significant costs on us, and future regulatory changes (or related customer responses to regulatory changes) could increase those costs or limit our ability to produce and sell our products.
- We face risks to our domestic and international sales and business operations due to economic, political, regulatory and other conditions.
- We may incur adverse safety events or product liability claims that may be costly, create adverse publicity and may add further governmental regulation.
- We may be subjected to increased taxes or fluctuating tax rates, which could adversely affect our results of operations and/or cash flows.
- We are a “controlled company” within the meaning of the New York Stock Exchange (“NYSE”) rules and, as a result, qualify for, and intend to rely on, exemptions from certain corporate governance requirements.
- The market price for our Common Stock may be volatile.
- Future sales of our Common Stock could depress its market price.
- Future dividends on our common stock may be restricted or eliminated.
Management Discussion
- We develop, mine, manufacture and market sorbent products principally produced from clay minerals, primarily consisting of calcium bentonite, attapulgite and diatomaceous shale. Our principal products include agricultural and horticultural chemical carriers, animal health and nutrition products, cat litter, fluid purification and filtration bleaching clays, industrial and automotive floor absorbents and sports field products. Our products are sold to two primary customer groups, including customers who resell our products as originally produced to the end consumer and other customers who use our products as part of their production process or use them as an ingredient in their final finished product. We have two reportable operating segments based on the different characteristics of our two primary customer groups: the Retail and Wholesale Products Group and the Business to Business Products Group. Each operating segment is discussed individually below. Additional detailed descriptions of the operating segments are included in Item 1 “Business” above.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
abrupt, accommodate, accurate, addressing, affiliated, alternate, amidst, analyze, armed, arose, average, bear, Concurrent, conflict, daily, dampened, dedicated, deliver, disproportionately, disruption, Domestic, domestically, downturn, energy, event, exacerbated, factor, fail, force, foregoing, forward, geopolitical, grow, growing, headcount, inflation, influence, intensified, key, leverage, lifting, low, majeure, merchandiser, moderate, moderately, paper, persist, PGIM, plastic, political, post, procure, Prudential, public, quantity, quickly, reimposed, relationship, relaxing, renewed, renovate, repair, resolution, respond, Restated, restore, retain, rose, rubber, satisfaction, seasonality, Shelf, simply, slowly, sought, steel, strategic, strive, suffer, Sustained, synthetic, technology, temporary, terrorism, terrorist, toll, uncertainty, war, weather
Removed:
Agsorb, conform, effort, equally, fulfill, improve, largest, licensing, reclassified, simplify, slightly
Financial reports
Current reports
8-K
Oil-Dri Announces Appointment of Patrick J. Walsh as New Vice President, Human Resources and Declares Quarterly Dividends
23 Mar 22
8-K
Oil-Dri Announces Record Sales for the Second Quarter
11 Mar 22
8-K
Departure of Directors or Certain Officers
2 Mar 22
8-K
Oil-Dri Announces Christopher B. Lamson as Group Vice President
31 Jan 22
8-K
Entry into a Material Definitive Agreement
17 Dec 21
8-K
Submission of Matters to a Vote of Security Holders
9 Dec 21
8-K
1 Annual Meeting of Stockholders Fiscal Year 2021
8 Dec 21
8-K
Oil-Dri Announces First Quarter of Fiscal 2022 with Record Quarterly Net Sales
7 Dec 21
8-K
Oil-Dri Board of Directors Declares Quarterly Dividends
14 Oct 21
8-K
Oil-Dri Announces Fourth Quarter and Fiscal 2021 Results
13 Oct 21
Registration and prospectus
S-8
Registration of securities for employees
5 Mar 20
POS AM
Prospectus update (post-effective amendment)
9 Oct 14
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 14
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 14
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 14
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 14
S-8
Registration of securities for employees
20 Dec 06
S-8
Registration of securities for employees
25 Apr 02
S-8
Registration of securities for employees
25 Apr 02
S-8
Registration of securities for employees
23 Jun 98
Proxies
DEFA14A
Additional proxy soliciting materials
26 Oct 21
DEFA14A
Additional proxy soliciting materials
27 Oct 20
DEFA14A
Additional proxy soliciting materials
30 Oct 19
DEFA14A
Additional proxy soliciting materials
30 Oct 18
DEF 14A
Definitive proxy
29 Oct 17
DEFA14A
Additional proxy soliciting materials
29 Oct 17
Other
CT ORDER
Confidential treatment order
3 Nov 16
EFFECT
Notice of effectiveness
15 Oct 14
UPLOAD
Letter from SEC
30 Jul 13
CORRESP
Correspondence with SEC
25 Jul 13
UPLOAD
Letter from SEC
16 Jul 13
CT ORDER
Confidential treatment order
8 May 11
CT ORDER
Confidential treatment order
8 May 11
CT ORDER
Confidential treatment order
8 May 11
UPLOAD
Letter from SEC
14 Apr 09
CORRESP
Correspondence with SEC
12 Apr 09
Ownership
4
Oil-Dri Corp of America / Patrick James Walsh ownership change
23 Mar 22
3
Oil-Dri Corp of America / Patrick James Walsh ownership change
23 Mar 22
SC 13G/A
Oil-Dri Corp of America / PRICE T ROWE ASSOCIATES ownership change
14 Feb 22
SC 13G/A
Oil-Dri Corp of America / RENAISSANCE TECHNOLOGIES ownership change
11 Feb 22
SC 13G/A
Oil-Dri Corp of America / VANGUARD ownership change
10 Feb 22
SC 13G/A
Oil-Dri Corp of America / DIMENSIONAL FUND ADVISORS ownership change
8 Feb 22
SC 13G/A
Oil-Dri Corp of America / BlackRock ownership change
31 Jan 22
4
Oil-Dri Corp of America / Christopher B Lamson ownership change
31 Jan 22
4
Oil-Dri Corp of America / Mary Beth Sullivan ownership change
31 Jan 22
3
Oil-Dri Corp of America / Christopher B Lamson ownership change
31 Jan 22
Transcripts
2022 Q2
Earnings call transcript
14 Mar 22
2022 Q1
Earnings call transcript
9 Dec 21
2021 Q4
Earnings call transcript
15 Oct 21
2021 Q3
Earnings call transcript
9 Jun 21
2021 Q2
Earnings call transcript
12 Mar 21
2021 Q1
Earnings call transcript
8 Dec 20
2020 Q4
Earnings call transcript
14 Oct 20
2020 Q3
Earnings call transcript
10 Jun 20
2020 Q2
Earnings call transcript
6 Mar 20
2020 Q1
Earnings call transcript
11 Dec 19
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