# Donaldson Company, Inc. (DCI) — Stock CV

Donaldson Company, Inc. is a $10.1B industrial company. Revenue grew 5.3% over the last year, and it keeps 12¢ of every dollar of sales as profit. It trades at 22.2× earnings — around the middle of its own history.

> Donaldson is a leading manufacturer of filtration systems and replacement parts, including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors. The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial.

## Identity

- **Ticker**: DCI
- **Sector**: Industrials
- **Industry**: Industrial & Commercial Fans & Blowers & Air Purifying Equip
- **Headquarters**: BLOOMINGTON, MN
- **Employees**: 15 000
- **Website**: https://ir.donaldson.com
- **Market cap**: $10.1B
- **Last price**: $86.93
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $3.89B
- **Net income**: $454M
- **Free cash flow**: $426M
- **P/E**: 22.2
- **Revenue growth (YoY)**: 5.3%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 49 |
| Growth | 50 |
| Profitability | 65 |
| Health | 50 |
| Quality | 94 |
| Moat | 81 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +5.3% YoY
- [x] Profitable — $454M TTM
- [x] Profit growing — +9.9% YoY
- [x] Generates cash — $426M TTM
- [x] Debt under control — current ratio 2.08
- [x] Established company — $10.1B market cap
- [x] Not printing shares — -8.0% shares over ~5y
- [x] Proven track record — 11/11 profitable years
- [ ] Financially stable — health score 50/100
- [x] Pays a dividend — yield 1.40%
- [x] Valuation not extreme — P/E 22.2

## Experience (career milestones)

- **FY2026** — Best year on record: $454M net income
- **FY2016** — Profitable every year on record: 11 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $2.22B in first reported year
- **FY2016** — Positive free cash flow every year since: 11-year streak
- **2007** — Ultrafilter had sales of $100 million and operated in 30 countries
- **1955** — While the company gained market share, grew in size and went public in 1955, it was beset by employee strikes, the…
- **1915** — The business was incorporated in 1915 by Donaldson, his parents and his siblings as Donaldson Company Inc

## Strengths

- Interest covered 17.3× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2022 | $3.31B | $333M | $167M |
| FY2023 | $3.43B | $359M | $426M |
| FY2024 | $3.59B | $414M | $407M |
| FY2025 | $3.69B | $367M | $340M |
| FY2026 | $3.89B | $454M | $426M |

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Source: https://stockcv.com/DCI — derived from company filings; may be delayed or incomplete. Information, not investment advice.