DCI Financials Donaldson Co Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Sep 27, 2026, 10:16 UTC Overview →

Growth & profitability

Revenue has grown 6.4% per year over the past 5 years.
Net income has grown faster than revenue (9.6% vs 6.4% per year).
Operating margin has expanded, at 15.4% in the latest year.
Free cash flow has grown 4.5% per year over the past 5 years.

Financial health

Total debt ($1.3B) exceeds cash ($250M); net debt is $1.0B.
Total debt has grown faster than revenue (22.7% vs 6.4% per year).
Operating income covered interest expense 17× in the latest year.
Total debt is 1.8× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 31.1% of earnings and 33.1% of free cash flow.
The dividend has grown 5.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$3.9B	$454M	34.6%	15.4%	25.7%	11.4%	$426M	$1.3B	$250M
2025	$3.7B	$367M	34.8%	13.4%	25.2%	12.3%	$340M	$637M	$180M
2024	$3.6B	$414M	35.5%	15.2%	27.8%	14.2%	$407M	$508M	$233M
2023	$3.4B	$359M	33.8%	14.0%	27.2%	13.0%	$426M	$622M	$187M
2022	$3.3B	$333M	32.3%	13.4%	29.4%	12.8%	$167M	$644M	$193M
2021	$2.9B	$287M	34.0%	13.5%	25.2%	12.0%	$343M	$461M	$223M
2020	$2.6B	$257M	33.8%	13.2%	25.9%	11.4%	$263M	$629M	$237M
2019	$2.8B	$267M	33.3%	13.6%	29.9%	12.5%	$195M	$637M	$178M
2018	$2.7B	$180M	34.2%	13.8%	21.0%	9.1%	$165M	$543M	$205M
2017	$2.4B	$233M	34.6%	13.6%	27.2%	11.8%	$252M	$611M	$308M
2016	—	$191M	—	—	24.7%	10.7%	$218M	$569M	$243M
2015	—	$208M	—	—	26.7%	11.5%	—	$578M	$190M
2014	—	$260M	—	—	26.0%	13.4%	—	$431M	$296M
2013	—	$247M	—	—	22.8%	14.2%	$221M	$211M	$224M
2012	—	$264M	—	—	29.0%	15.3%	$182M	$301M	$226M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$1.1B	$129M	36.3%	16.7%	7.3%	3.2%	$185M	$1.3B	$250M
Apr '26	$995M	$118M	33.5%	15.6%	7.0%	3.8%	$112M	—	$204M
Jan '26	$896M	$93M	33.4%	13.2%	5.9%	3.0%	$18M	—	$194M
Oct '25	$935M	$114M	35.2%	16.0%	7.5%	3.8%	$111M	—	$211M
Jul '25	$981M	$114M	34.5%	15.5%	7.9%	3.8%	$149M	$637M	$180M
Apr '25	$940M	$58M	34.2%	9.3%	3.9%	1.9%	$71M	—	$179M
Jan '25	$870M	$96M	35.2%	14.4%	6.2%	3.2%	$72M	—	$189M
Oct '24	$900M	$99M	35.5%	14.5%	6.4%	3.3%	$48M	—	$221M
Jul '24	$935M	$110M	35.8%	15.6%	7.4%	3.8%	$106M	$508M	$233M
Apr '24	$928M	$114M	35.6%	15.5%	7.6%	4.0%	$120M	—	$224M
Jan '24	$877M	$99M	35.2%	14.8%	7.2%	3.5%	$66M	—	$194M
Oct '23	$846M	$92M	35.6%	14.7%	6.9%	3.3%	$115M	—	$218M
Jul '23	$880M	$92M	34.1%	13.7%	7.0%	3.3%	$165M	$622M	$187M
Apr '23	$876M	$94M	33.0%	14.2%	7.2%	3.5%	$98M	—	$186M
Jan '23	$828M	$86M	34.3%	14.0%	7.2%	3.3%	$73M	—	$179M
Oct '22	$847M	$87M	33.9%	14.1%	7.6%	3.5%	$90M	—	$161M
Jul '22	$890M	$101M	32.8%	14.5%	8.9%	3.9%	$80M	$644M	$193M
Apr '22	$853M	$83M	31.5%	13.0%	7.4%	3.3%	$41M	—	$169M
Jan '22	$803M	$72M	31.1%	11.9%	6.4%	2.9%	$22M	—	$170M
Oct '21	$761M	$77M	33.8%	14.1%	6.9%	3.2%	$25M	—	$201M

Valuation over time

How the market has priced DCI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 22.8× (Mar '23) to 21.8× (Nov '26).
The price-to-sales ratio has risen from 2.3× (Mar '23) to 2.5× (Nov '26).
The dividend yield has fallen from 1.5% (Mar '23) to 1.4% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is DCI growing its revenue and profit?

Over the past 5 years, Donaldson Co Inc's revenue has grown 6.4% per year, and net income grown 9.6% per year. These are computed facts, not advice.

How much debt does DCI have?

As of FY2026, Donaldson Co Inc reported $1.3B of total debt against $250M of cash; operating income covered interest expense 17×.

What is DCI's profit margin?

In FY2026, gross margin was 34.6%, operating margin 15.4%, and net margin 11.7%.

What is DCI's P/E ratio?

Donaldson Co Inc's P/E (TTM) is 21.82 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DCI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 21.8× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.