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DCI · NYSE · United States · Industrial & Commercial Fans & Blowers & Air Purifing Equip
In shortDONALDSON Co INC is profitable, generates cash and carries moderate debt, with revenue growing (+5.3% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 15.4% | 68/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 11.7% | 67/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 28.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 15.3% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.08× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.73× | 71/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.46× | 73/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 16.66× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.66 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 11.0% | 64/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.94× | 80/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 5.3% | 91/100 |
| Operating margin volatility | 1.0% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.2% | 40/100 |
|---|---|---|
| EPS growth, 3-year average | 9.9% | 75/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,307 | 3,431 | 3,586 | 3,691 | 3,886 |
| Cost of revenue | 2,239 | 2,270 | 2,312 | 2,405 | 2,540 |
| Gross profit | 1,067 | 1,161 | 1,274 | 1,286 | 1,346 |
| Research & development | 69 | 78 | 94 | 88 | 76 |
| Selling, general & admin | 555 | 602 | 637 | 642 | 679 |
| Operating income | 444 | 480 | 544 | 495 | 600 |
| Interest expense | 15 | 19 | 21 | 24 | 36 |
| Pre-tax income | 438 | 469 | 535 | 492 | 586 |
| Income tax | 106 | 110 | 121 | 125 | 132 |
| Net income | 333 | 359 | 414 | 367 | 454 |
| Diluted EPS | $2.66 | $2.90 | $3.38 | $3.05 | $3.85 |
| Diluted shares (millions) | 125 | 124 | 123 | 120 | 118 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
5.66 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 31, 2026 · Data updated Sep 25, 2026