For fiscal 2026 (ended Jul 31, 2026), Donaldson Company Inc. reported $3.89B of revenue and $453.80M of net income.
DCI revenue was $1.06B in fiscal Q4 2026 (ended Jul 31, 2026), up 8.0% from a year earlier and up 6.4% from the prior quarter. For the full fiscal 2026 it was $3.89B, up 5.3% from fiscal 2025. Compound annual growth was +6.4% over 5 years and +5.8% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.
DCI net income was $129.30M in fiscal Q4 2026 (ended Jul 31, 2026), up 13.1% from a year earlier and up 9.5% from the prior quarter. For the full fiscal 2026 it was $453.80M, up 23.7% from fiscal 2025. Compound annual growth was +9.6% over 5 years and +9.1% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
DCI diluted EPS was $1.10 in fiscal Q4 2026 (ended Jul 31, 2026), up 13.4% from a year earlier and up 10.0% from the prior quarter. For the full fiscal 2026 it was $3.85, up 26.2% from fiscal 2025. Compound annual growth was +11.4% over 5 years and +10.5% over 10 years.
DCI free cash flow was $185.00M in fiscal Q4 2026 (ended Jul 31, 2026), up 24.0% from a year earlier and up 65.0% from the prior quarter. For the full fiscal 2026 it was $426.30M, up 25.4% from fiscal 2025. Compound annual growth was +4.5% over 5 years and +6.9% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
| Line item | Jul 31, 2026 | Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | Jul 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.89B | $3.69B | $3.59B | $3.43B | $3.31B | $2.85B | $2.58B | $2.84B | $2.73B | $2.37B |
| Cost of revenue | $2.54B | $2.40B | $2.31B | $2.27B | $2.24B | $1.88B | $1.71B | $1.90B | $1.80B | $1.55B |
| Gross profit | $1.35B | $1.29B | $1.27B | $1.16B | $1.07B | $971.70M | $871.60M | $948.30M | $935.80M | $820.90M |
| Research and development | $76.10M | $87.80M | $93.60M | $78.10M | $69.10M | $67.80M | $61.20M | $62.30M | $59.90M | $54.70M |
| Selling, general and admin | $679.20M | $642.20M | $636.70M | $602.30M | $554.80M | $519.20M | $470.30M | $497.80M | - | - |
| Operating income | $599.90M | $495.40M | $544.10M | $480.20M | $443.50M | $384.70M | $340.10M | $388.20M | $377.00M | $323.60M |
| Interest expense | $36.00M | $24.20M | $21.40M | $19.20M | $14.90M | $13.00M | $17.40M | $19.90M | $21.30M | $19.50M |
| Pre-tax income | $585.80M | $492.20M | $535.30M | $468.70M | $438.40M | $381.00M | $335.20M | $375.20M | $363.60M | $322.00M |
| Income tax | $132.00M | $125.20M | $121.30M | $109.90M | $105.60M | $94.10M | $78.20M | $108.00M | $183.30M | $89.20M |
| Net income | $453.80M | $367.00M | $414.00M | $358.80M | $332.80M | $286.90M | $257.00M | $267.20M | $180.30M | $232.80M |
| EPS, basic | $3.92 | $3.09 | $3.43 | $2.95 | $2.69 | $2.27 | $2.03 | $2.08 | $1.38 | $1.76 |
| EPS, diluted | $3.85 | $3.05 | $3.38 | $2.90 | $2.66 | $2.24 | $2.00 | $2.05 | $1.36 | $1.74 |
| Diluted shares | 117.9M | 120.4M | 122.6M | 123.6M | 125.2M | 128.2M | 128.3M | 130.3M | 132.2M | 134.1M |
| Line item | Jul 31, 2026 | Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | Jul 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $250.40M | $180.40M | $232.70M | $187.10M | $193.30M | $222.80M | $236.60M | $177.80M | $204.70M | $308.40M |
| Receivables | $758.10M | $662.20M | $629.70M | $599.70M | $616.60M | $552.70M | $455.30M | $529.50M | $534.60M | $497.70M |
| Inventory | $538.70M | $513.60M | $476.70M | $418.10M | $502.40M | $384.50M | $322.70M | $332.80M | $334.10M | $293.50M |
| Current assets | $1.67B | $1.46B | $1.44B | $1.29B | $1.41B | $1.24B | $1.10B | $1.12B | $1.13B | $1.15B |
| Goodwill | $1.09B | $493.60M | $478.40M | $481.10M | $345.80M | $322.50M | $316.80M | $303.10M | $238.40M | $238.10M |
| Total assets | $3.99B | $2.98B | $2.91B | $2.77B | $2.60B | $2.40B | $2.24B | $2.14B | $1.98B | $1.98B |
| Current liabilities | $804.10M | $757.20M | $782.50M | $756.40M | $629.60M | $606.60M | $406.80M | $482.90M | $469.40M | $484.10M |
| Short-term debt | $44.80M | $31.20M | $28.30M | $34.10M | $3.70M | $48.50M | $3.80M | $2.10M | $28.20M | $23.30M |
| Long-term debt | $1.28B | $630.40M | $483.40M | $496.60M | $644.30M | $461.00M | $617.40M | $584.40M | $499.60M | $537.30M |
| Total debt | $1.32B | $661.60M | $511.70M | $530.70M | $648.00M | $509.50M | $621.20M | $586.50M | $527.80M | $560.60M |
| Total liabilities | $2.22B | $1.52B | $1.43B | $1.45B | $1.47B | $1.26B | $1.24B | $1.24B | $1.12B | $1.13B |
| Shareholders' equity | $1.76B | $1.45B | $1.49B | $1.32B | $1.13B | $1.14B | $992.90M | $892.70M | $857.80M | $854.50M |
| Line item | Jul 31, 2026 | Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | Jul 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $493.70M | $418.80M | $492.50M | $544.50M | $252.80M | $401.90M | $387.00M | $345.80M | $262.90M | $317.80M |
| Capital expenditures | $67.40M | $78.90M | $85.60M | $118.50M | $85.50M | $59.00M | $124.40M | $150.70M | $97.50M | $65.90M |
| Free cash flow | $426.30M | $339.90M | $406.90M | $426.00M | $167.30M | $342.90M | $262.60M | $195.10M | $165.40M | $251.90M |
| Investing cash flow | -$879.50M | -$150.40M | -$86.90M | -$327.30M | -$154.00M | -$58.30M | -$128.90M | -$246.40M | -$95.40M | -$95.70M |
| Financing cash flow | $451.60M | -$321.70M | -$355.90M | -$222.20M | -$114.20M | -$363.30M | -$199.50M | -$123.30M | -$268.80M | -$165.20M |
| Dividends paid | $141.20M | $131.90M | $122.80M | $114.40M | $110.10M | $107.20M | $106.40M | $99.70M | $94.70M | $92.40M |
| Share repurchases | $111.20M | $331.50M | $162.70M | $141.80M | $170.60M | $142.20M | $94.30M | $129.20M | $122.00M | $140.40M |
| Stock-based compensation | $24.70M | $24.00M | $22.00M | $20.40M | $20.40M | $14.20M | $15.20M | $15.00M | $16.70M | $9.10M |
| Depreciation and amortization | $106.00M | $99.50M | $98.40M | $92.30M | $93.80M | $95.30M | $87.60M | $81.10M | $76.70M | $75.20M |
| Line item | Jul 31, 2026 | Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | Jul 31, 2019 | Jul 31, 2018 | Jul 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 5.3% | 2.9% | 4.5% | 3.8% | 15.9% | 10.5% | -9.2% | 4.0% | 15.3% | 6.8% |
| Net income growth, YoY | 23.7% | -11.4% | 15.4% | 7.8% | 16.0% | 11.6% | -3.8% | 48.2% | -22.6% | 22.0% |
| EPS growth, YoY | 26.2% | -9.8% | 16.6% | 9.0% | 18.8% | 12.0% | -2.4% | 50.7% | -21.8% | 22.5% |
| Gross margin | 34.6% | 34.8% | 35.5% | 33.8% | 32.3% | 34.0% | 33.8% | 33.3% | 34.2% | 34.6% |
| Operating margin | 15.4% | 13.4% | 15.2% | 14.0% | 13.4% | 13.5% | 13.2% | 13.6% | 13.8% | 13.6% |
| Net margin | 11.7% | 9.9% | 11.5% | 10.5% | 10.1% | 10.1% | 10.0% | 9.4% | 6.6% | 9.8% |
| Free cash flow margin | 11.0% | 9.2% | 11.3% | 12.4% | 5.1% | 12.0% | 10.2% | 6.9% | 6.0% | 10.6% |
| Return on equity | 25.7% | 25.2% | 27.8% | 27.2% | 29.4% | 25.2% | 25.9% | 29.9% | 21.0% | 27.2% |
| Return on assets | 11.4% | 12.3% | 14.2% | 13.0% | 12.8% | 12.0% | 11.4% | 12.5% | 9.1% | 11.8% |
| Current ratio | 2.08 | 1.93 | 1.84 | 1.70 | 2.23 | 2.05 | 2.70 | 2.32 | 2.40 | 2.38 |
| Debt to equity | 0.75 | 0.46 | 0.34 | 0.40 | 0.57 | 0.45 | 0.63 | 0.66 | 0.62 | 0.66 |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $995.10M | $896.30M | $935.40M | $980.70M | $940.10M | $870.00M | $900.10M | $935.40M | $927.90M | $876.70M | $846.30M |
| Cost of revenue | $674.90M | $661.70M | $596.50M | $606.60M | $641.90M | $618.20M | $564.10M | $580.50M | $600.60M | $597.80M | $568.10M | $545.40M |
| Gross profit | $383.90M | $333.40M | $299.80M | $328.80M | $338.80M | $321.90M | $305.90M | $319.60M | $334.80M | $330.10M | $308.60M | $300.90M |
| Research and development | $19.10M | $19.20M | $18.60M | $19.20M | $22.50M | $21.40M | $21.20M | $22.70M | $25.40M | $24.80M | $22.10M | $21.30M |
| Selling, general and admin | $188.20M | $158.90M | $162.50M | $169.60M | $164.60M | $152.30M | $159.20M | $166.10M | $163.20M | $161.70M | $156.80M | $155.00M |
| Operating income | $176.60M | $155.30M | $118.70M | $149.30M | $151.70M | $87.40M | $125.50M | $130.80M | $146.20M | $143.60M | $129.70M | $124.60M |
| Interest expense | $14.70M | $6.50M | $7.70M | $7.10M | $7.10M | $5.70M | $5.90M | $5.50M | $5.30M | $5.00M | $5.60M | $5.50M |
| Pre-tax income | $166.90M | $154.80M | $116.60M | $147.50M | $149.70M | $87.00M | $125.00M | $130.50M | $139.40M | $144.00M | $129.00M | $122.90M |
| Income tax | $37.60M | $36.70M | $24.10M | $33.60M | $35.40M | $29.20M | $29.10M | $31.50M | $29.70M | $30.50M | $30.30M | $30.80M |
| Net income | $129.30M | $118.10M | $92.50M | $113.90M | $114.30M | $57.80M | $95.90M | $99.00M | $109.70M | $113.50M | $98.70M | $92.10M |
| EPS, basic | $1.12 | $1.02 | $0.80 | $0.98 | $0.97 | $0.49 | $0.80 | $0.83 | $0.91 | $0.94 | $0.82 | $0.76 |
| EPS, diluted | $1.10 | $1.00 | $0.78 | $0.97 | $0.97 | $0.48 | $0.79 | $0.81 | $0.90 | $0.92 | $0.81 | $0.75 |
| Diluted shares | - | 118.1M | 117.9M | 117.8M | - | 120.3M | 121.4M | 121.9M | - | 122.9M | 122.1M | 122.6M |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $250.40M | $204.10M | $194.40M | $210.70M | $180.40M | $178.50M | $189.10M | $221.20M | $232.70M | $223.70M | $193.80M | $217.80M |
| Receivables | $758.10M | $702.10M | $647.90M | $655.60M | $662.20M | $665.60M | $597.60M | $631.30M | $629.70M | $638.40M | $599.30M | $582.50M |
| Inventory | $538.70M | $535.90M | $555.80M | $533.30M | $513.60M | $529.40M | $540.80M | $520.00M | $476.70M | $444.70M | $433.40M | $429.60M |
| Current assets | $1.67B | $1.57B | $1.53B | $1.51B | $1.46B | $1.48B | $1.42B | $1.48B | $1.44B | $1.40B | $1.32B | $1.31B |
| Goodwill | $1.09B | $499.40M | $504.10M | $494.80M | $493.60M | $489.80M | $469.30M | $479.90M | $478.40M | $475.30M | $475.90M | $469.30M |
| Total assets | $3.99B | $3.09B | $3.06B | $3.03B | $2.98B | $3.00B | $2.96B | $3.04B | $2.91B | $2.87B | $2.78B | $2.77B |
| Current liabilities | $804.10M | $668.50M | $665.90M | $703.90M | $757.20M | $760.10M | $765.80M | $800.60M | $782.50M | $735.20M | $893.50M | $882.60M |
| Short-term debt | $44.80M | $10.30M | $0 | $2.50M | $31.20M | $83.60M | $37.70M | $78.20M | $28.30M | $49.40M | $50.40M | $74.60M |
| Long-term debt | $1.28B | $591.60M | $674.30M | $671.50M | $630.40M | $638.80M | $514.70M | $538.60M | $483.40M | $481.80M | $352.00M | $366.60M |
| Total debt | $1.32B | $601.90M | $674.30M | $674.00M | $661.60M | $722.40M | $552.40M | $616.80M | $511.70M | $531.20M | $402.40M | $441.20M |
| Total liabilities | $2.22B | $1.39B | $1.49B | $1.51B | $1.52B | $1.53B | $1.42B | $1.50B | $1.43B | $1.38B | $1.41B | $1.43B |
| Shareholders' equity | $1.76B | $1.70B | $1.58B | $1.52B | $1.45B | $1.46B | $1.54B | $1.54B | $1.49B | $1.48B | $1.38B | $1.34B |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $199.90M | $135.40M | $33.00M | $125.40M | $167.80M | $87.70M | $90.40M | $72.90M | $126.00M | $141.50M | $87.00M | $138.00M |
| Capital expenditures | $14.90M | $23.30M | $15.00M | $14.20M | $18.60M | $16.30M | $18.90M | $25.10M | $19.80M | $21.30M | $21.30M | $23.20M |
| Free cash flow | $185.00M | $112.10M | $18.00M | $111.20M | $149.20M | $71.40M | $71.50M | $47.80M | $106.20M | $120.20M | $65.70M | $114.80M |
| Investing cash flow | -$837.30M | -$23.80M | -$15.00M | -$3.40M | -$20.60M | -$14.70M | -$19.10M | -$96.00M | -$19.10M | -$23.30M | -$21.30M | -$23.20M |
| Financing cash flow | $683.90M | -$100.80M | -$38.40M | -$93.10M | -$146.30M | -$86.90M | -$98.30M | $9.80M | -$98.40M | -$85.80M | -$92.80M | -$78.90M |
| Dividends paid | $37.20M | $34.70M | $34.60M | $34.70M | $35.00M | $32.30M | $32.20M | $32.40M | $32.50M | $30.00M | $30.10M | $30.20M |
| Share repurchases | $0 | $0 | $19.70M | $91.50M | $59.30M | $190.60M | $7.20M | $74.40M | $48.90M | $27.20M | $33.30M | $53.30M |
| Stock-based compensation | $4.30M | $4.40M | $4.60M | $11.40M | $3.90M | $3.70M | $4.20M | $12.20M | $3.70M | $3.80M | $4.00M | $10.50M |
| Depreciation and amortization | $33.00M | $24.10M | $24.60M | $24.30M | $24.40M | $24.60M | $25.00M | $25.50M | $24.90M | $24.60M | $24.60M | $24.30M |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 8.0% | 5.9% | 3.0% | 3.9% | 4.8% | 1.3% | -0.8% | 6.4% | 6.4% | 6.0% | 5.8% | -0.1% |
| Net income growth, YoY | 13.1% | 104.3% | -3.5% | 15.1% | 4.2% | -49.1% | -2.8% | 7.5% | 19.4% | 21.1% | 14.8% | 5.6% |
| EPS growth, YoY | 13.4% | 108.3% | -1.3% | 19.8% | 7.8% | -47.8% | -2.5% | 8.0% | 21.6% | 21.1% | 15.7% | 7.1% |
| Gross margin | 36.3% | 33.5% | 33.4% | 35.2% | 34.5% | 34.2% | 35.2% | 35.5% | 35.8% | 35.6% | 35.2% | 35.6% |
| Operating margin | 16.7% | 15.6% | 13.2% | 16.0% | 15.5% | 9.3% | 14.4% | 14.5% | 15.6% | 15.5% | 14.8% | 14.7% |
| Net margin | 12.2% | 11.9% | 10.3% | 12.2% | 11.7% | 6.1% | 11.0% | 11.0% | 11.7% | 12.2% | 11.3% | 10.9% |
| Free cash flow margin | 17.5% | 11.3% | 2.0% | 11.9% | 15.2% | 7.6% | 8.2% | 5.3% | 11.4% | 13.0% | 7.5% | 13.6% |
| Current ratio | 2.08 | 2.35 | 2.29 | 2.15 | 1.93 | 1.94 | 1.86 | 1.85 | 1.84 | 1.91 | 1.47 | 1.49 |
| Debt to equity | 0.75 | 0.36 | 0.43 | 0.44 | 0.46 | 0.49 | 0.36 | 0.40 | 0.34 | 0.36 | 0.29 | 0.33 |
Source: XBRL data Donaldson Company Inc. files with the SEC, latest filing dated Sep 25, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported Jun 5, 2012.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| DCI | $3.89B | +5.3% | $453.80M | 11.7% | $10.22B |
| PPIH | $226.11M | +24.8% | $15.58M | 6.9% | $243.0M |
| FTEK | $28.49M | +15.3% | -$4.05M | -14.2% | $44.0M |