In 2021, Valvoline's Quick Lubes stores (Total System Stores) had a revenue of some 1.97 billion U.S. dollars. Valvoline is one of the world's leading marketing and suppliers of lubricants and automotive services. The company's Quick Lubes serve customers with passenger cars and light trucks. Valvoline's three main quick lube brands are: Valvoline Instant Oil Change (VIOC) in the United States, Valvoline Great Canadian Oil Change (GCOC) in Canada, and Valvoline Express Care in both countries. Franchises account for more than half of this segment's revenue.
Valvoline's Total System Stores revenue from FY 2008 to FY 2021*
(in million U.S. dollars)
* Valvoline does not recognize sales from franchised stores as Retail Services segment operating revenue, hence the discrepancy in figures in the annual report. Total System Stores revenue is limited to sales at company-owned stores, sales of lubricants and other products to franchisees, and royalties and other fees from franchised stores.
Timeline corresponds to fiscal year ended September 30 for each respective year.
Retail Services segment corresponds to the former Quick Lubes segment.
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Valvoline. (December 13, 2021). Valvoline's Total System Stores revenue from FY 2008 to FY 2021* (in million U.S. dollars) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1115055/valvoline-quick-lubes-revenue/
Valvoline. "Valvoline's Total System Stores revenue from FY 2008 to FY 2021* (in million U.S. dollars)." Chart. December 13, 2021. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1115055/valvoline-quick-lubes-revenue/
Valvoline. (2021). Valvoline's Total System Stores revenue from FY 2008 to FY 2021* (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1115055/valvoline-quick-lubes-revenue/
Valvoline. "Valvoline's Total System Stores Revenue from Fy 2008 to Fy 2021* (in Million U.S. Dollars)." Statista, Statista Inc., 13 Dec 2021, https://www.statista.com/statistics/1115055/valvoline-quick-lubes-revenue/
Valvoline, Valvoline's Total System Stores revenue from FY 2008 to FY 2021* (in million U.S. dollars) Statista, https://www.statista.com/statistics/1115055/valvoline-quick-lubes-revenue/ (last visited October 02, 2024)
Valvoline's Total System Stores revenue from FY 2008 to FY 2021* (in million U.S. dollars) [Graph], Valvoline, December 13, 2021. [Online]. Available: https://www.statista.com/statistics/1115055/valvoline-quick-lubes-revenue/
