Electric Vehicle Transition Risk: The increasing adoption of electric vehicles (EVs) poses a long-term threat by reducing the demand for traditional engine oils and lubricants, which are core to Valvoline's business.

Intense Competition Risk: Valvoline operates in a highly competitive market, facing pressure from major oil companies, independent lubricant manufacturers, and rival quick-lube service chains, which can impact pricing and market share.

Raw Material Price Volatility Risk: Fluctuations in the cost of crude oil, base oils, and additives, which are key components for lubricants, can significantly impact Valvoline's production costs and profit margins.