Oil-Dri Corporation of America, along with its various subsidiaries, is engaged in the creation, production, and distribution of absorbent and adsorbent materials ...
Oil-Dri Corporation of America is a vertically integrated specialty materials company founded in 1941 and headquartered at 410 North Michigan Avenue in Chicago, Illinois. The company began as a producer of floor absorbents and has expanded into a diversified platform based on mineral reserves, product formulation, processing, manufacturing, packaging, distribution, and brand marketing. Its shares trade on the New York Stock Exchange under the symbol ODC.
Oil-Dri organizes its business primarily into Retail and Wholesale Products and Business-to-Business Products. The consumer portfolio includes scoopable and non-clumping cat litter sold mainly under the Cat's Pride and Jonny Cat brands. These products compete through absorbency, odor control, clumping performance, packaging, retail availability, and brand recognition. The company also supplies industrial and automotive absorbents made from clay, polypropylene, and recycled content. These products are designed to absorb oil, acid, paint, ink, water, and other fluids and are marketed through industrial distributors, automotive channels, environmental-service companies, and commercial users.
Business-to-business offerings include agricultural and horticultural mineral products such as Agsorb, Verge, and Flo-Fre. These materials can function as carriers for agricultural chemicals, drying agents, soil amendments, and growth media. Oil-Dri also provides animal health and nutrition products for livestock under brands including Amlan, Calibrin, Varium, Neoprime, MD-09, Pel-Unite, and Pel-Unite Plus. Its bleaching clays and purification aids, sold under Pure-Flo, Perform, Select, and Ultra-Clear, support bleaching, refining, and filtration processes involving edible oils, petroleum-based oils, and biodiesel-related applications.
The company’s cost structure is influenced by mineral extraction and reserves, energy, labor, maintenance, packaging, transportation, compliance, sales, and marketing. Because many products are mineral-based and relatively heavy, freight and packaging efficiency are important to margins. A vertically integrated model can provide control over raw-material supply, product consistency, manufacturing economics, and customer service, although the business remains exposed to commodity, energy, logistics, agricultural, construction, and consumer-spending conditions. Product BOMs generally combine processed mineral absorbents or adsorbents with packaging and, depending on the application, additives, binders, carriers, or formulation components.
Based on the supplied trailing-twelve-month data, Oil-Dri reported approximately $1.29 billion in market capitalization, a 26.7% gross margin, a 13.4% operating profit margin, an 11.2% net profit margin, and approximately $48.4 million in free cash flow to the firm. Its current ratio was 3.277, debt-to-equity was 0.19, and net debt to EBITDA was negative, indicating a relatively conservative balance sheet. The company reported approximately 928 full-time employees. Daniel S. Jaffee serves as Chairman, President, and Chief Executive Officer, continuing the Jaffee family leadership legacy established by founder Nick Jaffee. Oil-Dri’s strategic priorities include innovation, dependable mineral-resource utilization, manufacturing efficiency, customer expansion, brand development, sustainability, conservation, and land reclamation.
