Donaldson Co Inc (DCI)
Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide. The company operates through Mobile Solutions, Industrial Solutions, and Life Sciences segments. The Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems, fuel, lube and hydraulic systems, emissions systems and sensors, indicators, and monitoring systems. This segment sells its products to original equipment manufacturers (OEMs) in the construction, mining, agriculture, and transportation markets; and to independent distributors, and OEM dealer networks. The Industrial Solutions segment offers dust, fume, and mist collectors; compressed air and industrial gasses purification systems; air inlet systems and filtration for power generation; ancillary components; replacement parts; performance monitoring and service; and hydraulic and lubricated rotating equipment applications, as well as gas and liquid filtration for industrial processes and connected services. It also sells aerospace and defense products comprising of air, fuel, lubrication and hydraulic filtration for fixed-wing and rotorcraft aerospace applications and ground defense vehicle and naval platforms. This segment sells its products to various distributors, OEMs, and end-users. The Life Sciences segment provides micro-environment gas and liquid filtration for food, beverage, and industrial processes; bioprocessing equipment that includes bioreactors and fermenters; and bioprocessing consumables, such as chromatography devices, reagents and filters, and polytetrafluoroethylene membrane-based products, as well as specialized air and gas filtration systems for applications, including hard disk drives, semi-conductor manufacturing and sensors, battery systems, and powertrain components to OEMs and various end-users. The company was founded in 1915 and is headquartered in Bloomington, Minnesota.
- Symbol
- DCI
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Market cap
- $10.05B
- 52 week range
- 79.42 - 112.84
Valuation
- Share price
- $86.74 (close of 2026-09-23)
- P/E (TTM)
- 23.01x
- Price to book
- 5.93x
- Price to free cash flow
- 25.74x
- Enterprise value
- $10.46B
- Book value per share
- $14.63
Price performance
| Period | Change |
|---|
| 1 day | +0.78% |
| 5 days | -0.37% |
| 1 month | -6.98% |
| 3 months | +2.48% |
| 6 months | +1.27% |
| Year to date | -2.17% |
| 1 year | +7.09% |
| 3 years | +44.76% |
| 5 years | +46.03% |
| 10 years | +136.61% |
| All time | +22141.03% |
Profitability and growth
- Return on equity
- 25.25%
- Return on invested capital
- 19.07%
- Return on assets
- 12.33%
- Return on capital employed
- 22.32%
- Gross margin
- 34.85%
- Net margin
- 9.94%
- EBITDA margin
- 16.12%
- Revenue growth
- 2.92%
- Net income growth
- -11.35%
- Free cash flow growth
- -16.47%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.88%
- Current ratio
- 2.35x
- Net debt to EBITDA
- 0.58x
Latest reported year
- Period end
- 2025-07-31
- Fiscal year
- 2025
- Revenue
- $3.69B
- Cost of revenue
- $2.40B
- Gross profit
- $1.29B
- EBITDA
- $594.90M
- Net income
- $367.00M
- Earnings per share
- $3.09
- Research and development
- $87.80M
- Shares outstanding
- 118.70M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-07-31 | $3.69B | $1.29B | $367.00M | $3.09 |
| 2024-07-31 | $3.59B | $1.27B | $414.00M | $3.43 |
| 2023-07-31 | $3.43B | $1.16B | $358.80M | $2.95 |
| 2022-07-31 | $3.31B | $1.07B | $332.80M | $2.69 |
| 2021-07-31 | $2.85B | $971.70M | $286.90M | $2.27 |
| 2020-07-31 | $2.58B | $871.60M | $257.00M | $2.03 |
| 2019-07-31 | $2.84B | $948.30M | $267.20M | $2.08 |
| 2018-07-31 | $2.73B | $935.80M | $180.30M | $1.38 |
| 2017-07-31 | $2.37B | $820.90M | $232.80M | $1.76 |
| 2016-07-31 | $2.22B | $754.80M | $190.80M | $1.43 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-07-31 | 34.85% | 9.94% | 25.25% | 19.07% |
| 2024-07-31 | 35.54% | 11.54% | 27.80% | 23.58% |
| 2023-07-31 | 33.83% | 10.46% | 27.17% | 20.70% |
| 2022-07-31 | 32.28% | 10.06% | 29.37% | 21.28% |
| 2021-07-31 | 34.05% | 10.05% | 25.23% | 19.66% |
| 2020-07-31 | 33.76% | 9.95% | 25.88% | 17.95% |
| 2019-07-31 | 33.33% | 9.39% | 29.93% | 19.69% |
| 2018-07-31 | 34.23% | 6.59% | 21.02% | 16.19% |
| 2017-07-31 | 34.61% | 9.81% | 27.24% | 20.25% |
| 2016-07-31 | 34.00% | 8.59% | 24.73% | 21.13% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-07-31 | $180.40M | $640.00M |
| 2024-07-31 | $232.70M | $510.00M |
| 2023-07-31 | $187.10M | $623.40M |
| 2022-07-31 | $193.30M | $646.70M |
| 2021-07-31 | $222.80M | $463.30M |
| 2020-07-31 | $236.60M | $625.00M |
| 2019-07-31 | $177.80M | $634.60M |
| 2018-07-31 | $204.70M | $514.90M |
| 2017-07-31 | $308.40M | $587.90M |
| 2016-07-31 | $243.20M | $403.00M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-07-31 | $339.90M | $24.00M |
| 2024-07-31 | $406.90M | $22.00M |
| 2023-07-31 | $426.00M | $20.40M |
| 2022-07-31 | $167.30M | $20.40M |
| 2021-07-31 | $342.90M | $14.20M |
| 2020-07-31 | $262.60M | $15.20M |
| 2019-07-31 | $195.10M | $15.00M |
| 2018-07-31 | $165.40M | $16.70M |
| 2017-07-31 | $251.90M | $9.10M |
| 2016-07-31 | $218.40M | $7.30M |
Dividend history
- Most recent payment
- 2026-08-17
- Paid in the last twelve months
- $1.24
| Payment date | Dividend per share |
|---|
| 2026-08-17 | $0.32 |
| 2026-06-15 | $0.32 |
| 2026-02-12 | $0.30 |
| 2025-12-05 | $0.30 |
| 2025-08-12 | $0.30 |
| 2025-06-16 | $0.30 |
| 2025-02-13 | $0.27 |
| 2024-12-09 | $0.27 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-26 | Jul/2026 | $1.12 |
| 2026-06-02 | - | - |
| 2026-02-26 | - | - |
| 2025-12-04 | - | - |
| 2025-08-27 | - | - |
| 2025-06-03 | - | - |
| 2025-06-02 | - | - |
| 2025-02-27 | - | - |
Filings and sources
- Company website
- donaldson.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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