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 platforms, missile systems, and ground defense vehicles and naval platforms. This segment sells its products to various distributors, OEMs, and direct-to-consumer. 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.

Ticker
DCI
Exchange
NYSE
Sector
Industrials
Industry
Specialty Industrial Machinery
Market cap
$9.77B
52-week range
$79.61 - $112.84

Valuation

Share price
$84.33 (close of Nov 6, 2026)
P/E (TTM)
21.51x
Price to book
5.53x
Price to free cash flow
22.91x
Enterprise value
$10.84B
Book value per share
$15.24

Price performance

PeriodChange
1 day+1.27%
5 days+1.65%
1 month-6.41%
3 months-14.25%
6 months-3.80%
Year to date-4.88%
1 year-1.85%
3 years+41.78%
5 years+37.30%
10 years+133.41%
All time+21,780.20%

Short interest

As of
Oct 15, 2026
Short % of float
2.84%
Shares short
3.27M
Days to cover
5.43
Change since prior report
-2.50%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
25.72%
Return on invested capital
15.15%
Return on assets
11.38%
Return on capital employed
18.85%
Gross margin
34.64%
Net margin
11.68%
EBITDA margin
18.17%
Revenue growth
5.28%
Net income growth
23.65%
Free cash flow growth
25.42%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.37%
Current ratio
2.08x
Net debt to EBITDA
1.48x

Latest reported year

Period end
Jul 31, 2026
Fiscal year
2026
Revenue
$3.89B
Cost of revenue
$2.54B
Gross profit
$1.35B
EBITDA
$705.90M
Net income
$453.80M
Earnings per share
$3.92
Research and development
$76.10M
Interest expense
$36.00M
Shares outstanding
115.80M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-07-31$3.89B$1.35B$453.80M$3.92
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

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-07-3134.64%11.68%25.72%15.15%
2025-07-3134.85%9.94%25.25%17.45%
2024-07-3135.54%11.54%27.80%20.87%
2023-07-3133.83%10.46%27.17%18.74%
2022-07-3132.28%10.06%29.37%18.48%
2021-07-3134.05%10.05%25.23%17.09%
2020-07-3133.76%9.95%25.88%15.45%
2019-07-3133.33%9.39%29.93%17.50%
2018-07-3134.23%6.59%21.02%13.83%
2017-07-3134.61%9.81%27.24%15.99%

Cash and debt by year

Period endCashDebt
2026-07-31$250.40M$1.28B
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

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-07-31$426.30M$24.70M
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

Dividend history

Most recent payment
Aug 17, 2026
Paid in the last twelve months
$1.24
Payment dateDividend 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

Next earnings report

Next confirmed report
Dec 2, 2026
Consensus EPS estimate
$0.97

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-26Jul 2026$1.12
2026-06-02Apr 2026$1.05
2026-02-26Jan 2026$0.90
2025-12-04Oct 2025$0.93
2025-08-27Jul 2025$1.02
2025-06-03Apr 2025$0.95
2025-02-27Jan 2025$0.85
2024-12-03Oct 2024$0.82

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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