Donaldson (DCI) Financials

$68.21 -0.61 (-0.89%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$68.18 -0.03 (-0.04%)

As of 05/23/2025 07:45 PM Eastern

Annual Income Statements for Donaldson

This table shows Donaldson's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	7/31/2024	7/31/2023	7/31/2022	7/31/2021	7/31/2020	7/31/2019	7/31/2018	7/31/2017	7/31/2016	7/31/2015
Net Income / (Loss) Attributable to Common Shareholders	414	359	333	287	257	267	180	233	191	208
Consolidated Net Income / (Loss)	414	359	333	287	257	267	180	233	191	208
Net Income / (Loss) Continuing Operations	414	359	333	287	257	267	180	233	191	208
Total Pre-Tax Income	535	469	438	381	335	375	364	322	257	289
Total Operating Income	544	480	444	385	340	388	377	324	274	288
Total Gross Profit	1,274	1,161	1,067	972	872	948	936	821	755	809
Total Revenue	3,586	3,431	3,307	2,854	2,582	2,845	2,734	2,372	2,220	2,371
Operating Revenue	3,586	3,431	3,307	2,854	2,582	2,845	2,734	2,372	2,220	2,371
Total Cost of Revenue	2,312	2,270	2,239	1,882	1,710	1,897	1,798	1,551	1,466	1,563
Operating Cost of Revenue	2,312	2,270	2,239	1,882	1,710	1,897	1,798	1,551	1,466	1,563
Total Operating Expenses	730	680	624	587	532	560	559	497	481	520
Selling, General & Admin Expense	637	602	555	519	470	498	499	443	425	460
Research & Development Expense	94	78	69	68	61	62	60	55	56	60
Total Other Income / (Expense), net	-8.80	-12	-5.10	-3.70	-4.90	-13	-13	-1.60	-17	0.30
Interest Expense	21	19	15	13	17	20	21	20	21	15
Other Income / (Expense), net	13	7.70	9.80	9.30	13	6.90	7.90	18	3.90	16
Income Tax Expense	121	110	106	94	78	108	183	89	67	81
Basic Earnings per Share	$3.43	$2.95	$2.69	$2.27	$2.03	$2.08	$1.38	$1.76	$1.43	$1.51
Weighted Average Basic Shares Outstanding	120.70M	121.80M	123.70M	126.40M	126.90M	128.30M	130.30M	132.60M	133.80M	137.80M
Diluted Earnings per Share	$3.38	$2.90	$2.66	$2.24	$2.00	$2.05	$1.36	$1.74	$1.42	$1.49
Weighted Average Diluted Shares Outstanding	122.60M	123.60M	125.20M	128.20M	128.30M	130.30M	132.20M	134.10M	134.80M	139.40M
Weighted Average Basic & Diluted Shares Outstanding	119.73M	121.24M	122.50M	124.01M	126.42M	126.16M	130.70M	132.30M	133.40M	137.80M
Cash Dividends to Common per Share	$1.02	$0.94	-	$0.85	$0.84	$0.78	$0.73	$0.71	$0.69	$0.67

This table shows Donaldson's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Net Income / (Loss) Attributable to Common Shareholders	96	99	110	114	99	92	92	94	86	87	101
Consolidated Net Income / (Loss)	96	99	110	114	99	92	92	94	86	87	101
Net Income / (Loss) Continuing Operations	96	99	110	114	99	92	92	94	86	87	101
Total Pre-Tax Income	125	131	139	144	129	123	117	122	113	117	129
Total Operating Income	126	131	146	144	130	125	121	124	116	119	129
Total Gross Profit	306	320	335	330	309	301	300	289	284	287	292
Total Revenue	870	900	935	928	877	846	880	876	828	847	890
Operating Revenue	870	900	935	928	877	846	880	876	828	847	890
Total Cost of Revenue	564	581	601	598	568	545	579	587	544	560	598
Operating Cost of Revenue	564	581	601	598	568	545	579	587	544	560	598
Total Operating Expenses	180	189	189	187	179	176	180	165	168	168	162
Selling, General & Admin Expense	159	166	163	162	157	155	158	146	150	149	144
Research & Development Expense	21	23	25	25	22	21	22	19	19	19	19
Total Other Income / (Expense), net	-0.50	-0.30	-6.80	0.40	-0.70	-1.70	-3.30	-2.50	-3.00	-2.70	-0.80
Interest Expense	5.90	5.50	5.30	5.00	5.60	5.50	5.00	5.10	4.60	4.50	4.10
Other Income / (Expense), net	5.40	5.20	-1.50	5.40	4.90	3.80	1.70	2.60	1.60	1.80	3.30
Income Tax Expense	29	32	30	31	30	31	25	28	27	29	28
Basic Earnings per Share	$0.80	$0.83	$0.91	$0.94	$0.82	$0.76	$0.76	$0.77	$0.71	$0.71	$0.82
Weighted Average Basic Shares Outstanding	119.60M	119.90M	120.70M	120.80M	120.50M	120.90M	121.80M	121.60M	121.70M	122.60M	123.70M
Diluted Earnings per Share	$0.79	$0.81	$0.90	$0.92	$0.81	$0.75	$0.74	$0.76	$0.70	$0.70	$0.81
Weighted Average Diluted Shares Outstanding	121.40M	121.90M	122.60M	122.90M	122.10M	122.60M	123.60M	123.50M	123.30M	123.90M	125.20M
Weighted Average Basic & Diluted Shares Outstanding	119.52M	119.42M	119.73M	120.41M	120.37M	120.14M	121.24M	121.24M	121.28M	121.69M	122.50M
Cash Dividends to Common per Share	$0.27	$0.27	-	$0.25	$0.25	$0.25	-	$0.23	$0.23	$0.23	-

This table details how cash moves in and out of Donaldson's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	7/31/2024	7/31/2023	7/31/2022	7/31/2021	7/31/2020	7/31/2019	7/31/2018	7/31/2017	7/31/2016	7/31/2015
Net Change in Cash & Equivalents	46	-6.20	-30	-14	59	-27	-104	65	53	-107
Net Cash From Operating Activities	493	545	253	402	387	346	263	318	291	213
Net Cash From Continuing Operating Activities	493	545	253	402	387	346	263	318	291	213
Net Income / (Loss) Continuing Operations	414	359	333	287	257	267	180	233	191	208
Consolidated Net Income / (Loss)	414	359	333	287	257	267	180	233	191	208
Depreciation Expense	98	92	94	95	88	81	77	75	75	74
Non-Cash Adjustments To Reconcile Net Income	21	27	31	32	36	6.20	-14	14	19	28
Changes in Operating Assets and Liabilities, net	-41	67	-205	-12	6.00	-8.70	20	-3.90	6.90	-98
Net Cash From Investing Activities	-87	-327	-154	-58	-129	-246	-95	-96	-56	-112
Net Cash From Continuing Investing Activities	-87	-327	-154	-58	-129	-246	-95	-96	-56	-112
Purchase of Property, Plant & Equipment	-86	-119	-86	-59	-124	-151	-98	-66	-73	-94
Acquisitions	-2.00	-209	-69	0.00	-6.50	-96	-	-32	-13	-
Sale of Property, Plant & Equipment	0.70	0.40	0.40	0.70	2.00	0.30	1.60	2.40	2.20	0.20
Net Cash From Financing Activities	-356	-222	-114	-363	-200	-123	-269	-165	-180	-179
Net Cash From Continuing Financing Activities	-356	-222	-114	-363	-200	-123	-269	-165	-180	-179
Repayment of Debt	-229	-189	-134	-125	-280	-70	-272	-82	-25	-4.20
Repurchase of Common Equity	-163	-142	-171	-142	-94	-129	-122	-140	-84	-256
Payment of Dividends	-123	-114	-110	-122	-106	-101	-95	-92	-91	-91
Issuance of Debt	114	189	289	7.90	262	155	204	129	9.60	153
Other Financing Activities, net	44	34	11	18	19	22	17	20	11	20
Effect of Exchange Rate Changes	-4.10	-1.20	-14	5.90	0.20	-	-2.40	8.30	-2.20	-29
Cash Interest Paid	23	21	12	11	17	19	22	20	20	15
Cash Income Taxes Paid	148	141	102	106	91	99	83	88	68	86

This table details how cash moves in and out of Donaldson's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Net Change in Cash & Equivalents	-32	-12	9.00	30	-24	31	1.10	6.60	18	-32	25
Net Cash From Operating Activities	90	73	126	142	87	138	191	133	102	118	109
Net Cash From Continuing Operating Activities	90	73	126	142	87	138	191	133	102	118	109
Net Income / (Loss) Continuing Operations	96	99	110	114	99	92	92	94	86	87	101
Consolidated Net Income / (Loss)	96	99	110	114	99	92	92	94	86	87	101
Depreciation Expense	25	26	25	25	25	24	25	23	22	22	23
Non-Cash Adjustments To Reconcile Net Income	7.20	9.80	0.70	4.40	5.60	10	5.80	4.30	2.40	14	10
Changes in Operating Assets and Liabilities, net	-38	-61	-9.30	-1.00	-42	11	68	13	-8.50	-5.60	-25
Net Cash From Investing Activities	-19	-96	-19	-23	-21	-23	-172	-98	-30	-28	-48
Net Cash From Continuing Investing Activities	-19	-96	-19	-23	-21	-23	-172	-98	-30	-28	-48
Purchase of Property, Plant & Equipment	-19	-25	-20	-21	-21	-23	-26	-35	-30	-28	-29
Acquisitions	-0.20	-71	-	-	-	0.00	-147	-	-	-	-20
Net Cash From Financing Activities	-98	9.80	-98	-86	-93	-79	-18	-27	-64	-113	-31
Net Cash From Continuing Financing Activities	-98	9.80	-98	-86	-93	-79	-18	-27	-64	-113	-31
Repayment of Debt	-9.30	0.00	-16	-141	-40	-32	-54	-70	-22	-43	-44
Repurchase of Common Equity	-7.20	-74	-49	-27	-33	-53	-23	-4.10	-70	-46	-17
Payment of Dividends	-32	-32	-33	-30	-30	-30	-30	-28	-28	-28	-28
Issuance of Debt	-50	105	-5.70	85	-	35	86	63	40	0.00	56
Other Financing Activities, net	0.50	12	4.60	27	11	1.90	2.80	12	15	4.40	1.30
Cash Interest Paid	5.90	5.20	5.60	6.50	4.70	6.60	5.30	6.70	3.50	5.40	2.80
Cash Income Taxes Paid	63	20	33	30	63	22	28	40	53	20	22

This table presents Donaldson's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	7/31/2024	7/31/2023	7/31/2022	7/31/2021	7/31/2020	7/31/2019	7/31/2018	7/31/2017	7/31/2016	7/31/2015
Total Assets	2,914	2,771	2,600	2,400	2,245	2,143	1,977	1,980	1,787	1,810
Total Current Assets	1,438	1,286	1,407	1,244	1,097	1,123	1,126	1,151	1,010	1,031
Cash & Equivalents	233	187	193	223	237	178	205	308	243	190
Accounts Receivable	630	600	617	553	455	530	535	498	452	460
Inventories, net	477	418	502	385	323	333	334	294	234	265
Prepaid Expenses	99	81	94	84	82	83	52	51	51	60
Plant, Property, & Equipment, net	646	653	594	618	632	589	509	485	470	471
Total Noncurrent Assets	831	832	599	538	516	431	342	344	308	308
Goodwill	478	481	346	323	317	303	238	238	229	224
Intangible Assets	172	188	100	62	67	71	36	41	39	38
Other Noncurrent Operating Assets	180	162	154	154	132	43	48	35	32	47
Total Liabilities & Shareholders' Equity	2,914	2,771	2,600	2,400	2,245	2,143	1,977	1,980	1,787	1,810
Total Liabilities	1,425	1,450	1,467	1,263	1,241	1,240	1,119	1,125	1,016	1,031
Total Current Liabilities	783	756	630	607	407	483	469	484	544	561
Short-Term Debt	53	159	3.70	49	9.50	52	44	74	217	189
Accounts Payable	379	305	339	294	188	343	201	194	143	179
Dividends Payable	33	30	28	28	27	-	-	-	-	-
Current Deferred Revenue	20	25	22	-	-	-	-	-	-	-
Current Deferred & Payable Income Tax Liabilities	43	32	32	18	-	-	-	-	-	-
Current Employee Benefit Liabilities	141	119	114	127	71	88	104	100	61	67
Other Current Liabilities	114	85	91	92	112	0.00	87	85	85	83
Total Noncurrent Liabilities	643	693	838	657	834	757	649	641	472	470
Long-Term Debt	483	497	644	461	617	584	500	537	350	389
Noncurrent Deferred Revenue	40	57	69	81	87	111	105	21	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	16	32	33	27	17	13	4.20	3.60	3.10	13
Other Noncurrent Operating Liabilities	103	108	91	88	113	49	40	79	119	69
Total Equity & Noncontrolling Interests	1,489	1,321	1,133	1,137	993	893	858	855	771	779
Total Preferred & Common Equity	1,489	1,321	1,133	1,137	987	887	858	855	771	779
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,489	1,321	1,133	1,137	987	887	858	855	771	779
Common Stock	785	783	775	764	758	758	758	758	758	758
Retained Earnings	2,378	2,088	1,846	1,608	1,430	1,282	1,122	1,041	905	815
Treasury Stock	-1,475	-1,378	-1,282	-1,130	-1,033	-981	-899	-808	-707	-655
Accumulated Other Comprehensive Income / (Loss)	-199	-173	-206	-118	-184	-193	-150	-157	-206	-162

This table presents Donaldson's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	1/31/2025	10/31/2024	4/30/2024	1/31/2024	10/31/2023	4/30/2023	1/31/2023	10/31/2022	4/30/2022
Total Assets	2,961	3,044	2,866	2,784	2,769	2,676	2,579	2,512	2,519
Total Current Assets	1,423	1,479	1,401	1,317	1,313	1,353	1,349	1,335	1,367
Cash & Equivalents	189	221	224	194	218	186	179	161	169
Accounts Receivable	598	631	638	599	583	626	575	584	586
Inventories, net	541	520	445	433	430	450	501	490	511
Prepaid Expenses	95	107	94	91	83	91	94	100	102
Plant, Property, & Equipment, net	638	647	643	647	642	641	626	591	591
Total Noncurrent Assets	901	917	823	819	813	682	604	586	561
Goodwill	469	480	475	476	469	380	350	340	337
Intangible Assets	161	168	175	179	182	139	96	95	74
Other Noncurrent Operating Assets	271	269	173	164	162	163	157	151	150
Total Liabilities & Shareholders' Equity	2,961	3,044	2,866	2,784	2,769	2,676	2,579	2,512	2,519
Total Liabilities	1,417	1,501	1,382	1,408	1,433	1,377	1,384	1,357	1,396
Total Current Liabilities	766	801	735	894	883	712	580	569	607
Short-Term Debt	63	103	74	262	285	152	4.00	0.20	31
Accounts Payable	375	374	370	326	325	311	302	321	336
Dividends Payable	32	0.00	0.00	30	0.00	0.00	28	0.00	0.00
Current Deferred Revenue	27	25	26	30	26	31	31	-	-
Current Deferred & Payable Income Tax Liabilities	57	61	38	37	46	30	36	44	25
Current Employee Benefit Liabilities	112	135	123	110	110	106	96	99	107
Other Current Liabilities	99	103	104	98	91	83	83	106	107
Total Noncurrent Liabilities	651	700	647	514	550	665	804	788	789
Long-Term Debt	515	539	482	352	367	471	625	601	607
Noncurrent Deferred Revenue	19	40	42	40	57	59	58	70	75
Noncurrent Deferred & Payable Income Tax Liabilities	13	15	18	22	27	33	26	29	31
Other Noncurrent Operating Liabilities	104	106	106	100	99	103	96	89	76
Total Equity & Noncontrolling Interests	1,544	1,543	1,484	1,376	1,336	1,299	1,194	1,155	1,124
Total Preferred & Common Equity	1,544	1,543	1,484	1,376	1,336	1,299	1,194	1,155	1,124
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,544	1,543	1,484	1,376	1,336	1,299	1,194	1,155	1,124
Common Stock	792	791	782	782	784	780	778	780	771
Retained Earnings	2,508	2,476	2,333	2,219	2,180	2,057	1,963	1,933	1,786
Treasury Stock	-1,532	-1,531	-1,430	-1,436	-1,420	-1,359	-1,367	-1,319	-1,268
Accumulated Other Comprehensive Income / (Loss)	-223	-193	-200	-189	-208	-180	-180	-240	-182

This table displays calculated financial ratios and metrics derived from Donaldson's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	7/31/2024	7/31/2023	7/31/2022	7/31/2021	7/31/2020	7/31/2019	7/31/2018	7/31/2017	7/31/2016	7/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.53%	3.76%	15.86%	10.54%	-9.25%	4.05%	15.27%	6.83%	-6.36%	-4.14%
EBITDA Growth	12.91%	6.05%	11.81%	11.15%	-7.56%	3.16%	10.78%	18.05%	-6.64%	-13.70%
EBIT Growth	14.10%	7.63%	15.05%	11.74%	-10.76%	2.65%	12.71%	22.80%	-8.46%	-18.09%
NOPAT Growth	14.47%	9.19%	16.22%	11.09%	-5.68%	47.88%	-20.09%	15.11%	-2.23%	-18.98%
Net Income Growth	15.38%	7.81%	16.00%	11.63%	-3.82%	48.20%	-22.55%	22.01%	-8.31%	-20.02%
EPS Growth	16.55%	9.02%	18.75%	12.00%	-2.44%	50.74%	-21.84%	22.54%	-4.70%	-15.34%
Operating Cash Flow Growth	-9.55%	115.39%	-37.10%	3.85%	11.91%	31.53%	-17.28%	9.10%	36.89%	-33.04%
Free Cash Flow Firm Growth	152.83%	-4.52%	-33.64%	28.43%	81.58%	-24.98%	-13.81%	-30.67%	217.98%	-64.40%
Invested Capital Growth	0.32%	12.59%	11.35%	2.16%	4.34%	13.83%	3.36%	5.68%	-3.90%	12.87%
Revenue Q/Q Growth	1.58%	-0.31%	3.66%	5.77%	-4.07%	0.08%	2.42%	2.88%	-0.75%	-2.37%
EBITDA Q/Q Growth	3.52%	-1.38%	2.53%	7.40%	-3.74%	-0.65%	2.71%	2.41%	1.55%	-5.03%
EBIT Q/Q Growth	4.19%	-2.07%	3.56%	8.78%	-5.06%	-1.27%	3.30%	2.83%	1.91%	-6.71%
NOPAT Q/Q Growth	5.12%	-1.89%	5.87%	6.57%	1.20%	-13.99%	25.71%	0.67%	4.37%	-6.76%
Net Income Q/Q Growth	4.49%	-2.45%	5.22%	7.57%	2.43%	-14.22%	23.41%	3.88%	1.65%	-7.36%
EPS Q/Q Growth	4.97%	-2.36%	5.98%	8.21%	2.04%	-13.50%	23.64%	4.19%	2.16%	-5.70%
Operating Cash Flow Q/Q Growth	-11.63%	17.70%	5.25%	-5.97%	-0.21%	5.62%	7.00%	-0.75%	15.00%	-14.57%
Free Cash Flow Firm Q/Q Growth	30.23%	-29.66%	6.21%	1.12%	-29.28%	32.97%	203.89%	-39.50%	35.57%	-34.40%
Invested Capital Q/Q Growth	0.50%	4.89%	1.43%	0.99%	-0.06%	-6.03%	-1.23%	4.16%	-5.81%	-0.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.54%	33.83%	32.28%	34.05%	33.76%	33.33%	34.23%	34.61%	34.00%	34.10%
EBITDA Margin	18.27%	16.91%	16.55%	17.15%	17.05%	16.74%	16.88%	17.57%	15.90%	15.95%
Operating Margin	15.17%	14.00%	13.41%	13.48%	13.17%	13.65%	13.79%	13.64%	12.35%	12.16%
EBIT Margin	15.52%	14.22%	13.71%	13.81%	13.66%	13.89%	14.08%	14.40%	12.53%	12.81%
Profit (Net Income) Margin	11.54%	10.46%	10.06%	10.05%	9.95%	9.39%	6.59%	9.81%	8.59%	8.78%
Tax Burden Percent	77.34%	76.55%	75.91%	75.30%	76.67%	71.22%	49.59%	72.30%	74.13%	72.11%
Interest Burden Percent	96.16%	96.06%	96.71%	96.70%	95.07%	94.96%	94.47%	94.29%	92.56%	95.00%
Effective Tax Rate	22.66%	23.45%	24.09%	24.70%	23.33%	28.78%	50.41%	27.70%	25.87%	27.89%
Return on Invested Capital (ROIC)	23.09%	21.40%	21.95%	20.17%	18.74%	21.62%	15.89%	20.77%	18.19%	19.34%
ROIC Less NNEP Spread (ROIC-NNEP)	21.46%	19.60%	20.98%	19.41%	17.89%	19.29%	13.81%	20.40%	14.55%	19.46%
Return on Net Nonoperating Assets (RNNOA)	6.38%	7.85%	7.37%	6.63%	8.22%	8.74%	5.17%	7.86%	6.43%	4.02%
Return on Equity (ROE)	29.47%	29.24%	29.32%	26.80%	26.96%	30.36%	21.06%	28.64%	24.62%	23.37%
Cash Return on Invested Capital (CROIC)	22.76%	9.55%	11.21%	18.03%	14.50%	8.68%	12.58%	15.25%	22.17%	7.25%
Operating Return on Assets (OROA)	19.59%	18.17%	18.13%	16.97%	16.07%	19.18%	19.46%	18.13%	15.47%	16.19%
Return on Assets (ROA)	14.57%	13.36%	13.31%	12.35%	11.72%	12.97%	9.11%	12.36%	10.61%	11.09%
Return on Common Equity (ROCE)	29.47%	29.24%	29.32%	26.59%	26.51%	30.09%	21.06%	28.64%	24.62%	23.37%
Return on Equity Simple (ROE_SIMPLE)	27.80%	27.17%	29.37%	25.23%	26.04%	30.11%	21.02%	27.24%	24.73%	26.72%
Net Operating Profit after Tax (NOPAT)	421	368	337	290	261	276	187	234	203	208
NOPAT Margin	11.73%	10.71%	10.18%	10.15%	10.10%	9.72%	6.84%	9.86%	9.15%	8.77%
Net Nonoperating Expense Percent (NNEP)	1.63%	1.79%	0.97%	0.76%	0.86%	2.32%	2.07%	0.37%	3.64%	-0.12%
Cost of Revenue to Revenue	64.46%	66.17%	67.72%	65.95%	66.24%	66.67%	65.77%	65.39%	66.00%	65.90%
SG&A Expenses to Revenue	17.75%	17.56%	16.78%	18.19%	18.22%	17.50%	18.25%	18.66%	19.15%	19.40%
R&D to Revenue	2.61%	2.28%	2.09%	2.38%	2.37%	2.19%	2.19%	2.31%	2.50%	2.54%
Operating Expenses to Revenue	20.36%	19.83%	18.87%	20.57%	20.59%	19.69%	20.44%	20.97%	21.65%	21.94%
Earnings before Interest and Taxes (EBIT)	557	488	453	394	353	395	385	342	278	304
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	655	580	547	489	440	476	462	417	353	378
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.03	5.66	5.70	6.95	5.78	6.61	6.50	6.50	5.47	5.02
Price to Tangible Book Value (P/TBV)	10.70	11.47	9.39	10.49	9.47	11.43	9.55	9.65	8.38	7.56
Price to Revenue (P/Rev)	2.50	2.18	1.95	2.77	2.21	2.06	2.04	2.34	1.90	1.65
Price to Earnings (P/E)	21.68	20.82	19.39	27.54	22.22	21.96	30.93	23.87	22.13	18.80
Dividend Yield	1.37%	1.53%	1.69%	1.35%	1.86%	1.70%	1.69%	1.93%	2.54%	2.31%
Earnings Yield	4.61%	4.80%	5.16%	3.63%	4.50%	4.55%	3.23%	4.19%	4.52%	5.32%
Enterprise Value to Invested Capital (EV/IC)	5.08	4.36	4.27	5.64	4.31	4.66	4.94	5.06	4.15	3.75
Enterprise Value to Revenue (EV/Rev)	2.59	2.31	2.09	2.87	2.37	2.23	2.16	2.47	2.05	1.80
Enterprise Value to EBITDA (EV/EBITDA)	14.16	13.68	12.63	16.74	13.90	13.32	12.81	14.06	12.88	11.30
Enterprise Value to EBIT (EV/EBIT)	16.67	16.27	15.24	20.78	17.35	16.05	15.37	17.16	16.34	14.06
Enterprise Value to NOPAT (EV/NOPAT)	22.05	21.60	20.52	28.27	23.46	22.94	31.64	25.04	22.36	20.55
Enterprise Value to Operating Cash Flow (EV/OCF)	18.84	14.58	27.33	20.37	15.81	18.34	22.50	18.44	15.60	20.08
Enterprise Value to Free Cash Flow (EV/FCFF)	22.36	48.38	40.20	31.62	30.34	57.11	39.95	34.11	18.35	54.83
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.36	0.50	0.57	0.45	0.62	0.71	0.63	0.72	0.73	0.74
Long-Term Debt to Equity	0.32	0.38	0.57	0.41	0.62	0.65	0.58	0.63	0.45	0.50
Financial Leverage	0.30	0.40	0.35	0.34	0.46	0.45	0.37	0.39	0.44	0.21
Leverage Ratio	2.02	2.19	2.20	2.17	2.30	2.34	2.31	2.32	2.32	2.11
Compound Leverage Factor	1.95	2.10	2.13	2.10	2.19	2.22	2.18	2.18	2.15	2.00
Debt to Total Capital	26.49%	33.18%	36.38%	30.94%	38.44%	41.36%	38.77%	41.70%	42.36%	42.62%
Short-Term Debt to Total Capital	2.63%	8.05%	0.21%	2.95%	0.58%	3.40%	3.11%	5.04%	16.19%	13.94%
Long-Term Debt to Total Capital	23.86%	25.13%	36.17%	28.00%	37.86%	37.96%	35.66%	36.66%	26.17%	28.68%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	1.02%	1.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.51%	66.82%	63.62%	69.06%	60.53%	57.64%	61.23%	58.30%	57.64%	57.38%
Debt to EBITDA	0.82	1.13	1.18	1.04	1.42	1.34	1.18	1.47	1.61	1.53
Net Debt to EBITDA	0.46	0.81	0.83	0.59	0.89	0.96	0.73	0.73	0.92	0.95
Long-Term Debt to EBITDA	0.74	0.86	1.18	0.94	1.40	1.23	1.08	1.29	0.99	1.03
Debt to NOPAT	1.28	1.78	1.92	1.76	2.40	2.30	2.91	2.61	2.79	2.78
Net Debt to NOPAT	0.72	1.27	1.35	0.99	1.50	1.66	1.81	1.29	1.59	1.74
Long-Term Debt to NOPAT	1.15	1.35	1.91	1.59	2.37	2.11	2.67	2.30	1.72	1.87
Altman Z-Score	7.05	6.20	5.84	6.74	5.69	5.97	6.21	5.87	5.27	5.08
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.78%	1.68%	0.87%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.84	1.70	2.23	2.05	2.70	2.32	2.40	2.38	1.86	1.84
Quick Ratio	1.10	1.04	1.29	1.28	1.70	1.46	1.58	1.67	1.28	1.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	415	164	172	259	202	111	148	172	248	78
Operating Cash Flow to CapEx	580.09%	461.05%	297.06%	689.37%	316.18%	229.92%	274.14%	500.47%	412.02%	227.35%
Free Cash Flow to Firm to Interest Expense	19.39	8.55	11.54	19.92	11.59	5.58	6.95	8.81	11.97	5.13
Operating Cash Flow to Interest Expense	23.01	28.36	16.97	30.92	22.24	17.38	12.34	16.30	14.07	14.00
Operating Cash Flow Less CapEx to Interest Expense	19.05	22.21	11.26	26.43	15.21	9.82	7.84	13.04	10.66	7.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.26	1.28	1.32	1.23	1.18	1.38	1.38	1.26	1.23	1.26
Accounts Receivable Turnover	5.83	5.64	5.66	5.66	5.24	5.35	5.30	4.99	4.87	5.08
Inventory Turnover	5.17	4.93	5.05	5.32	5.22	5.69	5.73	5.88	5.87	6.03
Fixed Asset Turnover	5.52	5.50	5.46	4.57	4.23	5.18	5.50	4.97	4.72	5.14
Accounts Payable Turnover	6.76	7.06	7.08	7.82	6.45	6.97	9.10	9.20	9.09	7.90
Days Sales Outstanding (DSO)	62.56	64.70	64.54	64.46	69.61	68.26	68.90	73.10	75.00	71.90
Days Inventory Outstanding (DIO)	70.64	74.00	72.28	68.57	69.95	64.17	63.69	62.08	62.15	60.54
Days Payable Outstanding (DPO)	54.02	51.72	51.54	46.70	56.61	52.36	40.11	39.69	40.16	46.23
Cash Conversion Cycle (CCC)	79.18	86.98	85.28	86.33	82.95	80.08	92.48	95.49	96.99	86.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,826	1,820	1,616	1,451	1,421	1,362	1,196	1,157	1,095	1,140
Invested Capital Turnover	1.97	2.00	2.16	1.99	1.86	2.22	2.32	2.11	1.99	2.21
Increase / (Decrease) in Invested Capital	5.90	204	165	31	59	165	39	62	-45	130
Enterprise Value (EV)	9,279	7,940	6,909	8,188	6,117	6,342	5,915	5,859	4,545	4,272
Market Capitalization	8,975	7,471	6,454	7,902	5,710	5,868	5,576	5,556	4,222	3,911
Book Value per Share	$12.37	$10.89	$9.22	$9.05	$7.83	$6.96	$6.65	$6.52	$5.79	$5.73
Tangible Book Value per Share	$6.97	$5.37	$5.60	$6.00	$4.78	$4.03	$4.53	$4.39	$3.78	$3.80
Total Capital	2,026	1,976	1,781	1,647	1,631	1,539	1,401	1,466	1,338	1,357
Total Debt	537	656	648	510	627	637	543	611	567	578
Total Long-Term Debt	483	497	644	461	617	584	500	537	350	389
Net Debt	304	469	455	287	390	459	338	303	324	361
Capital Expenditures (CapEx)	85	118	85	58	122	150	96	64	71	94
Debt-free, Cash-free Net Working Capital (DFCFNWC)	476	502	587	463	463	514	495	432	439	442
Debt-free Net Working Capital (DFNWC)	709	689	781	686	699	692	700	741	683	659
Net Working Capital (NWC)	656	530	777	637	690	640	656	667	466	470
Net Nonoperating Expense (NNE)	6.81	8.80	3.87	2.79	3.76	9.26	6.64	1.16	12	-0.22
Net Nonoperating Obligations (NNO)	337	499	483	314	417	459	338	303	324	361
Total Depreciation and Amortization (D&A)	98	92	94	95	88	81	77	75	75	74
Debt-free, Cash-free Net Working Capital to Revenue	13.28%	14.62%	17.76%	16.23%	17.93%	18.07%	18.11%	18.23%	19.79%	18.63%
Debt-free Net Working Capital to Revenue	19.77%	20.07%	23.61%	24.03%	27.09%	24.32%	25.59%	31.23%	30.74%	27.80%
Net Working Capital to Revenue	18.28%	15.44%	23.50%	22.33%	26.72%	22.49%	24.00%	28.12%	20.98%	19.83%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.43	$2.95	$2.69	$2.27	$2.03	$2.08	$1.38	$1.76	$1.43	$1.51
Adjusted Weighted Average Basic Shares Outstanding	120.70M	121.80M	123.70M	126.40M	126.90M	128.30M	130.30M	132.60M	133.80M	137.75M
Adjusted Diluted Earnings per Share	$3.38	$2.90	$2.66	$2.24	$2.00	$2.05	$1.36	$1.74	$1.42	$1.49
Adjusted Weighted Average Diluted Shares Outstanding	122.60M	123.60M	125.20M	128.20M	128.30M	130.30M	132.20M	134.10M	134.80M	139.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	119.73M	121.24M	122.50M	124.01M	126.42M	126.16M	128.07M	129.90M	132.68M	137.80M
Normalized Net Operating Profit after Tax (NOPAT)	421	368	337	290	261	276	264	234	203	208
Normalized NOPAT Margin	11.73%	10.71%	10.18%	10.15%	10.10%	9.72%	9.65%	9.86%	9.15%	8.77%
Pre Tax Income Margin	14.93%	13.66%	13.26%	13.35%	12.98%	13.19%	13.30%	13.58%	11.59%	12.17%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	26.01	25.41	30.42	30.31	20.26	19.85	18.07	17.51	13.43	19.99
NOPAT to Interest Expense	19.66	19.15	22.60	22.28	14.99	13.89	8.78	12.00	9.82	13.68
EBIT Less CapEx to Interest Expense	22.05	19.26	24.71	25.82	13.23	12.30	13.57	14.26	10.02	13.83
NOPAT Less CapEx to Interest Expense	15.70	13.00	16.88	17.80	7.95	6.33	4.27	8.74	6.40	7.52
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	29.66%	31.88%	33.08%	42.38%	41.40%	37.72%	52.52%	39.69%	47.80%	43.83%
Augmented Payout Ratio	68.96%	71.40%	84.35%	91.95%	78.09%	86.08%	120.19%	100.00%	91.98%	166.99%

This table displays calculated financial ratios and metrics derived from Donaldson's official financial filings.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.76%	6.36%	6.36%	5.96%	5.84%	-0.12%	-1.18%	2.64%	3.22%	11.36%	15.11%
EBITDA Growth	-2.07%	5.76%	15.14%	16.43%	13.47%	6.41%	-5.21%	7.58%	15.19%	9.29%	9.51%
EBIT Growth	-2.75%	5.92%	18.32%	17.69%	14.16%	6.03%	-7.77%	9.99%	20.18%	12.65%	13.33%
NOPAT Growth	-2.97%	6.27%	21.77%	18.36%	12.41%	4.66%	-6.94%	15.53%	21.41%	12.06%	22.44%
Net Income Growth	-2.84%	7.49%	19.37%	21.13%	14.77%	5.62%	-8.92%	12.89%	19.78%	13.10%	19.55%
EPS Growth	-2.47%	8.00%	21.62%	21.05%	15.71%	7.14%	-8.64%	13.43%	22.81%	14.75%	22.73%
Operating Cash Flow Growth	3.91%	-47.17%	-33.96%	6.23%	-14.96%	16.75%	75.21%	107.80%	177.24%	175.52%	13.08%
Free Cash Flow Firm Growth	23.34%	-15.98%	200.13%	168.79%	-770.09%	-7,452.45%	-72.30%	37.66%	106.17%	97.76%	-221.17%
Invested Capital Growth	7.60%	10.96%	0.32%	4.71%	9.26%	10.97%	12.59%	8.87%	5.03%	6.00%	11.35%
Revenue Q/Q Growth	-3.34%	-3.77%	0.81%	5.84%	3.59%	-3.77%	0.43%	5.72%	-2.24%	-4.80%	4.31%
EBITDA Q/Q Growth	-3.47%	-4.78%	-2.30%	9.05%	4.26%	3.67%	-1.21%	6.27%	-2.23%	-7.66%	12.12%
EBIT Q/Q Growth	-3.75%	-6.01%	-2.89%	10.70%	4.83%	4.99%	-3.40%	7.38%	-2.64%	-8.67%	15.20%
NOPAT Q/Q Growth	-2.97%	-13.75%	1.65%	14.06%	6.28%	-1.18%	-1.19%	8.33%	-1.06%	-12.12%	22.65%
Net Income Q/Q Growth	-3.13%	-9.75%	-3.35%	14.99%	7.17%	0.22%	-1.92%	8.95%	-1.38%	-13.58%	21.57%
EPS Q/Q Growth	-2.47%	-10.00%	-2.17%	13.58%	8.00%	1.35%	-2.63%	8.57%	0.00%	-13.58%	20.90%
Operating Cash Flow Q/Q Growth	24.01%	-42.14%	-10.95%	62.64%	-36.96%	-27.67%	43.24%	30.21%	-13.45%	8.54%	69.89%
Free Cash Flow Firm Q/Q Growth	55.09%	-186.74%	246.68%	156.77%	32.05%	25.12%	-138.17%	-652.99%	865.84%	98.29%	13.83%
Invested Capital Q/Q Growth	0.07%	7.56%	0.50%	-0.53%	3.19%	-2.75%	4.89%	3.79%	4.82%	-1.33%	1.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.16%	35.51%	35.79%	35.58%	35.20%	35.55%	34.13%	32.98%	34.34%	33.90%	32.76%
EBITDA Margin	17.92%	17.94%	18.13%	18.71%	18.16%	18.04%	16.75%	17.03%	16.94%	16.94%	17.46%
Operating Margin	14.43%	14.53%	15.63%	15.48%	14.79%	14.72%	13.71%	14.16%	14.04%	14.08%	14.53%
EBIT Margin	15.05%	15.11%	15.47%	16.06%	15.35%	15.17%	13.91%	14.46%	14.23%	14.29%	14.90%
Profit (Net Income) Margin	11.02%	11.00%	11.73%	12.23%	11.26%	10.88%	10.45%	10.70%	10.38%	10.29%	11.34%
Tax Burden Percent	76.72%	75.86%	78.69%	78.82%	76.51%	74.94%	78.35%	77.12%	75.90%	74.79%	78.52%
Interest Burden Percent	95.49%	95.96%	96.34%	96.64%	95.84%	95.72%	95.91%	95.97%	96.10%	96.28%	96.91%
Effective Tax Rate	23.28%	24.14%	21.31%	21.18%	23.49%	25.06%	21.65%	22.88%	24.10%	25.21%	21.48%
Return on Invested Capital (ROIC)	21.21%	21.50%	24.20%	24.25%	22.51%	22.50%	21.45%	22.58%	22.33%	23.06%	24.59%
ROIC Less NNEP Spread (ROIC-NNEP)	21.12%	21.44%	22.92%	24.33%	22.40%	22.20%	20.93%	22.16%	21.85%	22.57%	24.44%
Return on Net Nonoperating Assets (RNNOA)	6.30%	6.36%	6.82%	6.72%	8.08%	7.79%	8.37%	8.29%	9.00%	8.23%	8.58%
Return on Equity (ROE)	27.51%	27.86%	31.02%	30.97%	30.60%	30.28%	29.83%	30.87%	31.34%	31.29%	33.17%
Cash Return on Invested Capital (CROIC)	15.03%	12.47%	22.76%	17.94%	13.04%	11.70%	9.55%	14.02%	17.27%	16.52%	11.21%
Operating Return on Assets (OROA)	19.03%	18.93%	19.52%	20.46%	19.92%	19.71%	17.77%	19.15%	19.20%	19.59%	19.70%
Return on Assets (ROA)	13.94%	13.78%	14.80%	15.59%	14.61%	14.14%	13.35%	14.18%	14.00%	14.11%	14.99%
Return on Common Equity (ROCE)	27.51%	27.86%	31.02%	30.97%	30.60%	30.28%	29.83%	30.87%	31.34%	31.29%	33.17%
Return on Equity Simple (ROE_SIMPLE)	27.07%	27.28%	0.00%	26.70%	27.36%	27.22%	0.00%	28.32%	29.90%	29.69%	0.00%
Net Operating Profit after Tax (NOPAT)	96	99	115	113	99	93	94	96	88	89	102
NOPAT Margin	11.07%	11.02%	12.30%	12.20%	11.32%	11.03%	10.74%	10.92%	10.66%	10.53%	11.41%
Net Nonoperating Expense Percent (NNEP)	0.09%	0.05%	1.28%	-0.08%	0.12%	0.29%	0.53%	0.43%	0.48%	0.49%	0.16%
Return On Investment Capital (ROIC_SIMPLE)	4.54%	-	-	-	4.99%	-	-	-	-	-	-
Cost of Revenue to Revenue	64.84%	64.49%	64.21%	64.43%	64.80%	64.45%	65.87%	67.02%	65.66%	66.10%	67.24%
SG&A Expenses to Revenue	18.30%	18.45%	17.45%	17.43%	17.89%	18.32%	17.93%	16.65%	18.06%	17.61%	16.15%
R&D to Revenue	2.44%	2.52%	2.72%	2.67%	2.52%	2.52%	2.49%	2.17%	2.23%	2.21%	2.09%
Operating Expenses to Revenue	20.74%	20.98%	20.16%	20.10%	20.41%	20.83%	20.42%	18.82%	20.29%	19.82%	18.24%
Earnings before Interest and Taxes (EBIT)	131	136	145	149	135	128	122	127	118	121	133
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	156	162	170	174	159	153	147	149	140	144	155
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.48	5.68	6.03	5.81	5.53	5.15	5.66	5.80	6.18	5.91	5.70
Price to Tangible Book Value (P/TBV)	9.26	9.79	10.70	10.34	10.57	10.05	11.47	9.65	9.87	9.48	9.39
Price to Revenue (P/Rev)	2.33	2.41	2.50	2.44	2.19	2.01	2.18	2.19	2.16	2.01	1.95
Price to Earnings (P/E)	20.26	20.81	21.68	21.77	20.23	18.93	20.82	20.46	20.67	19.89	19.39
Dividend Yield	1.49%	1.42%	1.37%	1.40%	1.55%	1.69%	1.53%	1.48%	1.50%	1.62%	1.69%
Earnings Yield	4.94%	4.81%	4.61%	4.59%	4.94%	5.28%	4.80%	4.89%	4.84%	5.03%	5.16%
Enterprise Value to Invested Capital (EV/IC)	4.51	4.68	5.08	4.93	4.40	4.14	4.36	4.59	4.69	4.55	4.27
Enterprise Value to Revenue (EV/Rev)	2.44	2.52	2.59	2.54	2.31	2.13	2.31	2.31	2.29	2.14	2.09
Enterprise Value to EBITDA (EV/EBITDA)	13.41	13.83	14.16	14.16	13.21	12.42	13.68	13.54	13.55	12.98	12.63
Enterprise Value to EBIT (EV/EBIT)	15.80	16.27	16.67	16.77	15.70	14.78	16.27	15.98	16.09	15.55	15.24
Enterprise Value to NOPAT (EV/NOPAT)	20.91	21.52	22.05	22.38	21.00	19.68	21.60	21.25	21.65	20.97	20.52
Enterprise Value to Operating Cash Flow (EV/OCF)	20.56	21.48	18.84	16.07	14.64	12.97	14.58	17.21	19.90	22.13	27.33
Enterprise Value to Free Cash Flow (EV/FCFF)	31.09	39.44	22.36	28.12	35.24	37.19	48.38	34.13	27.79	28.37	40.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.37	0.42	0.36	0.37	0.45	0.49	0.50	0.48	0.53	0.52	0.57
Long-Term Debt to Equity	0.33	0.35	0.32	0.32	0.26	0.27	0.38	0.36	0.52	0.52	0.57
Financial Leverage	0.30	0.30	0.30	0.28	0.36	0.35	0.40	0.37	0.41	0.36	0.35
Leverage Ratio	1.97	2.02	2.02	1.99	2.09	2.12	2.19	2.14	2.19	2.18	2.20
Compound Leverage Factor	1.88	1.94	1.95	1.92	2.00	2.03	2.10	2.06	2.11	2.10	2.13
Debt to Total Capital	27.21%	29.38%	26.49%	27.26%	30.86%	32.77%	33.18%	32.39%	34.49%	34.23%	36.38%
Short-Term Debt to Total Capital	2.96%	4.72%	2.63%	3.65%	13.17%	14.33%	8.05%	7.89%	0.22%	0.01%	0.21%
Long-Term Debt to Total Capital	24.26%	24.65%	23.86%	23.62%	17.69%	18.45%	25.13%	24.50%	34.27%	34.21%	36.17%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	72.79%	70.62%	73.51%	72.74%	69.14%	67.23%	66.82%	67.61%	65.51%	65.77%	63.62%
Debt to EBITDA	0.87	0.97	0.82	0.88	1.01	1.11	1.13	1.06	1.09	1.07	1.18
Net Debt to EBITDA	0.59	0.63	0.46	0.53	0.69	0.74	0.81	0.74	0.78	0.79	0.83
Long-Term Debt to EBITDA	0.78	0.81	0.74	0.76	0.58	0.62	0.86	0.80	1.08	1.07	1.18
Debt to NOPAT	1.36	1.50	1.28	1.39	1.60	1.75	1.78	1.66	1.74	1.74	1.92
Net Debt to NOPAT	0.92	0.99	0.72	0.83	1.10	1.17	1.27	1.16	1.24	1.27	1.35
Long-Term Debt to NOPAT	1.21	1.26	1.15	1.20	0.92	0.99	1.35	1.26	1.73	1.73	1.91
Altman Z-Score	6.41	6.25	6.58	6.57	5.95	5.56	5.76	6.09	6.10	5.97	5.43
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.86	1.85	1.84	1.91	1.47	1.49	1.70	1.90	2.33	2.35	2.23
Quick Ratio	1.03	1.06	1.10	1.17	0.89	0.91	1.04	1.14	1.30	1.31	1.29
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-43	-95	109	31	-55	-82	-109	-46	8.28	-1.08	-63
Operating Cash Flow to CapEx	478.31%	291.60%	636.36%	664.32%	408.45%	594.83%	742.41%	378.41%	346.78%	420.64%	379.44%
Free Cash Flow to Firm to Interest Expense	-7.21	-17.21	20.59	6.30	-9.90	-14.84	-21.80	-8.97	1.80	-0.24	-15.43
Operating Cash Flow to Interest Expense	15.32	13.25	23.77	28.30	15.54	25.09	38.16	26.12	22.24	26.27	26.56
Operating Cash Flow Less CapEx to Interest Expense	12.12	8.71	20.04	24.04	11.73	20.87	33.02	19.22	15.83	20.02	19.56
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.26	1.25	1.26	1.27	1.30	1.30	1.28	1.32	1.35	1.37	1.32
Accounts Receivable Turnover	6.07	6.00	5.83	5.58	5.93	5.88	5.64	5.68	6.06	6.01	5.66
Inventory Turnover	4.81	4.94	5.17	5.12	4.88	4.90	4.93	4.77	4.66	4.91	5.05
Fixed Asset Turnover	5.66	5.64	5.52	5.50	5.47	5.56	5.50	5.59	5.57	5.65	5.46
Accounts Payable Turnover	6.68	6.72	6.76	6.73	7.26	6.99	7.06	7.08	7.30	7.28	7.08
Days Sales Outstanding (DSO)	60.12	60.86	62.56	65.38	61.59	62.08	64.70	64.26	60.21	60.74	64.54
Days Inventory Outstanding (DIO)	75.88	73.84	70.64	71.26	74.83	74.42	74.00	76.56	78.38	74.32	72.28
Days Payable Outstanding (DPO)	54.60	54.31	54.02	54.27	50.27	52.24	51.72	51.57	50.01	50.15	51.54
Cash Conversion Cycle (CCC)	81.40	80.39	79.18	82.37	86.15	84.26	86.98	89.26	88.57	84.92	85.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,965	1,964	1,826	1,817	1,826	1,770	1,820	1,735	1,672	1,595	1,616
Invested Capital Turnover	1.92	1.95	1.97	1.99	1.99	2.04	2.00	2.07	2.10	2.19	2.16
Increase / (Decrease) in Invested Capital	139	194	5.90	82	155	175	204	141	80	90	165
Enterprise Value (EV)	8,857	9,180	9,279	8,958	8,035	7,318	7,940	7,963	7,832	7,262	6,909
Market Capitalization	8,469	8,760	8,975	8,625	7,614	6,884	7,471	7,527	7,382	6,822	6,454
Book Value per Share	$12.93	$12.89	$12.37	$12.33	$11.45	$11.02	$10.89	$10.71	$9.81	$9.43	$9.22
Tangible Book Value per Share	$7.66	$7.47	$6.97	$6.93	$6.00	$5.65	$5.37	$6.43	$6.14	$5.87	$5.60
Total Capital	2,122	2,185	2,026	2,040	1,990	1,988	1,976	1,921	1,823	1,756	1,781
Total Debt	577	642	537	556	614	651	656	622	629	601	648
Total Long-Term Debt	515	539	483	482	352	367	497	471	625	601	644
Net Debt	388	421	304	333	420	434	469	436	449	440	455
Capital Expenditures (CapEx)	19	25	20	21	21	23	26	35	30	28	29
Debt-free, Cash-free Net Working Capital (DFCFNWC)	530	561	476	516	492	498	502	606	594	605	587
Debt-free Net Working Capital (DFNWC)	719	782	709	740	686	715	689	792	773	766	781
Net Working Capital (NWC)	657	679	656	666	424	431	530	641	769	766	777
Net Nonoperating Expense (NNE)	0.38	0.23	5.35	-0.32	0.54	1.27	2.59	1.93	2.28	2.02	0.63
Net Nonoperating Obligations (NNO)	421	421	337	333	450	434	499	436	477	440	483
Total Depreciation and Amortization (D&A)	25	26	25	25	25	24	25	23	22	22	23
Debt-free, Cash-free Net Working Capital to Revenue	14.60%	15.41%	13.28%	14.62%	14.15%	14.51%	14.62%	17.62%	17.36%	17.84%	17.76%
Debt-free Net Working Capital to Revenue	19.80%	21.48%	19.77%	20.96%	19.72%	20.86%	20.07%	23.02%	22.61%	22.58%	23.61%
Net Working Capital to Revenue	18.07%	18.65%	18.28%	18.85%	12.18%	12.55%	15.44%	18.62%	22.49%	22.58%	23.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.80	$0.83	$0.91	$0.94	$0.82	$0.76	$0.76	$0.77	$0.71	$0.71	$0.82
Adjusted Weighted Average Basic Shares Outstanding	119.60M	119.90M	120.70M	120.80M	120.50M	120.90M	121.80M	121.60M	121.70M	122.60M	123.70M
Adjusted Diluted Earnings per Share	$0.79	$0.81	$0.90	$0.92	$0.81	$0.75	$0.74	$0.76	$0.70	$0.70	$0.81
Adjusted Weighted Average Diluted Shares Outstanding	121.40M	121.90M	122.60M	122.90M	122.10M	122.60M	123.60M	123.50M	123.30M	123.90M	125.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	119.52M	119.42M	119.73M	120.41M	120.37M	120.14M	121.24M	121.24M	121.28M	121.69M	122.50M
Normalized Net Operating Profit after Tax (NOPAT)	96	99	115	113	99	93	94	96	88	89	102
Normalized NOPAT Margin	11.07%	11.02%	12.30%	12.20%	11.32%	11.03%	10.74%	10.92%	10.66%	10.53%	11.41%
Pre Tax Income Margin	14.37%	14.50%	14.90%	15.52%	14.71%	14.52%	13.34%	13.87%	13.68%	13.76%	14.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	22.19	24.73	27.30	29.80	24.04	23.35	24.46	24.82	25.63	26.91	32.34
NOPAT to Interest Expense	16.32	18.04	21.71	22.64	17.72	16.98	18.90	18.75	19.19	19.83	24.76
EBIT Less CapEx to Interest Expense	18.98	20.18	23.57	25.54	20.23	19.13	19.32	17.92	19.22	20.67	25.34
NOPAT Less CapEx to Interest Expense	13.12	13.50	17.97	18.38	13.92	12.76	13.76	11.85	12.78	13.58	17.76
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.40%	29.70%	29.66%	30.44%	31.48%	32.00%	31.88%	30.56%	31.28%	32.34%	33.08%
Augmented Payout Ratio	68.12%	73.37%	68.96%	64.84%	61.56%	73.08%	71.40%	67.59%	78.94%	65.41%	84.35%

Frequently Asked Questions About Donaldson's Financials

When does Donaldson's fiscal year end?

According to the most recent income statement we have on file, Donaldson's financial year ends in July. Their financial year 2024 ended on July 31, 2024.

How has Donaldson's net income changed over the last 9 years?

Donaldson's net income appears to be on an upward trend, with a most recent value of $414 million in 2024, rising from $208.10 million in 2015. The previous period was $358.80 million in 2023. See Donaldson's forecast for analyst expectations on what’s next for the company.

What is Donaldson's operating income?

Donaldson's total operating income in 2024 was $544.10 million, based on the following breakdown:

Total Gross Profit: $1.27 billion
Total Operating Expenses: $730.30 million

How has Donaldson revenue changed over the last 9 years?

Over the last 9 years, Donaldson's total revenue changed from $2.37 billion in 2015 to $3.59 billion in 2024, a change of 51.2%.

How much debt does Donaldson have?

Donaldson's total liabilities were at $1.43 billion at the end of 2024, a 1.7% decrease from 2023, and a 38.3% increase since 2015.

How much cash does Donaldson have?

In the past 9 years, Donaldson's cash and equivalents has ranged from $177.80 million in 2019 to $308.40 million in 2017, and is currently $232.70 million as of their latest financial filing in 2024.

How has Donaldson's book value per share changed over the last 9 years?

Over the last 9 years, Donaldson's book value per share changed from 5.73 in 2015 to 12.37 in 2024, a change of 115.9%.

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This page (NYSE:DCI) was last updated on 5/25/2025 by MarketBeat.com Staff

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Donaldson (DCI) Financials

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