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Donaldson Company, Inc.

Donaldson Company, Inc.

NYSE•DCI
CEO: Mr. Tod E. Carpenter
Sector: Industrials
Industry: Industrial - Machinery
Listing Date: 1980-03-17
Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. 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; and hydraulic and lubricated rotating equipment applications, as well as gas and liquid filtration for industrial processes and connected services. 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.
Contact Information
1400 West 94th Street, Bloomington, MN, 55431, United States
952-887-3131
www.donaldson.com
Market Cap
$9.77B
P/E (TTM)
26.7
37.8
Dividend Yield
1.4%
52W High
$84.88
52W Low
$57.45
52W Range
98%
6.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$980.70M+4.84%
4-Quarter Trend

EPS

$0.98+7.69%
4-Quarter Trend

FCF

$147.50M+38.89%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Sales Increased 2.9% Total net sales reached $3,690.9M in FY2025, growing $104.6M, driven by higher sales volume and pricing actions.
Life Sciences Segment Growth Life Sciences segment net sales grew 9.8% to $295.5M, driven by strong market demand in Disk Drive and Food/Beverage.
Mobile Solutions Sales Up Mobile Solutions sales increased 1.8% to $2,291.0M, led by $90.7M growth in the Aftermarket business unit.
SG&A Efficiency Improvement SG&A expenses decreased as a percentage of sales to 17.4% from 17.8% due to disciplined expense management efforts.

Risk Factors

Tariff Costs Remain Uncertain Expected annual tariff costs are approximately $35M, which the Company anticipates largely offsetting through strategic pricing increases.
Life Sciences Impairment Charges Recorded $62.0M impairment expense in Life Sciences, primarily related to Univercells Technologies and declining Solaris market demand.
Gross Margin Pressure Gross margin percentage fell 0.7% to 34.8%, driven by higher manufacturing costs from footprint optimization and tariff inflation.
Global Operations Challenges Global footprint faces risks from geopolitical events, trade restrictions, and potential difficulties in staffing and managing local operations.

Outlook

Extend Market Access Priority Strategic priority focuses on growing presence in bioprocessing markets organically and inorganically within the Life Sciences segment.
Pursue Strategic Acquisitions Accelerate long-term growth through strategic acquisitions targeting high-margin areas and expanding industrial service offerings globally.
Expand Digital Service Offerings Focus on expanding Industrial Solutions connected service offerings to capture additional aftermarket share through data integration.
Capital Expenditure Forecast Expect fiscal 2026 capital expenditures between $65M and $85M, primarily for capacity expansion and technology maintenance.

Peer Comparison

Revenue (TTM)

Core & Main, Inc.CNM
$7.74B
+11.0%
Parsons CorporationPSN
$6.68B
+9.2%
Regal Rexnord CorporationRRX
$5.87B
-5.0%

Gross Margin (Latest Quarter)

Watts Water Technologies, Inc.WTS
50.6%
+2.9 pp
SPX Technologies, Inc.SPXC
40.4%
-0.5 pp
A. O. Smith CorporationAOS
38.7%
+1.3 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SPXC$10.47B48.313.7%14.5%
CNM$9.93B23.124.6%40.2%
GNRC$9.86B31.512.3%28.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+2.9%
Moderate Growth
4Q Net Income CAGR
+4.9%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-K - FY 2025

    Period End: Jul 31, 2025|Filed: Sep 26, 2025|
    Revenue: $3.69B+2.9%
    |
    EPS: $3.09-9.9%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Apr 30, 2025|Filed: Jun 3, 2025|
    Revenue: $940.10M+1.3%
    |
    EPS: $0.49-47.9%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jan 31, 2025|Filed: Mar 4, 2025|
    Revenue: $870.00M-0.8%
    |
    EPS: $0.80-2.4%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Oct 31, 2024|Filed: Dec 6, 2024|
    Revenue: $900.10M+6.4%
    |
    EPS: $0.83+9.2%
    Meet
  • Form 10-K - FY 2024

    Period End: Jul 31, 2024|Filed: Sep 27, 2024|
    Revenue: $3.59B+4.5%
    |
    EPS: $3.43+16.3%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Apr 30, 2024|Filed: Jun 4, 2024|
    Revenue: $927.90M+6.0%
    |
    EPS: $0.94+22.1%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jan 31, 2024|Filed: Mar 4, 2024|
    Revenue: $876.70M+5.8%
    |
    EPS: $0.82+15.5%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Oct 31, 2023|Filed: Dec 6, 2023|
    Revenue: $846.30M-0.1%
    |
    EPS: $0.76+7.0%
    Beat