Donaldson Company (DCI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Donaldson Company

NYSE•Industrials•Specialty Industrial Machinery

$87.93-1.32(-0.01%)After hours

Market Cap

$9.97B

P/E

22.7x

P/S

2.6x

P/B

5.9x

Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide. The company operates through Mobile Solutions, Industrial Solutions, and Life Sciences segments. The Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems, fuel, lube and hydraulic systems, emissions systems and sensors, indicators, and monitoring systems. This segment sells its products to original equipment manufacturers (OEMs) in the construction, mining, agriculture, and transportation markets; and to independent distributors, and OEM dealer networks. The Industrial Solutions segment offers dust, fume, and mist collectors; compressed air and industrial gasses purification systems; air inlet systems and filtration for power generation; ancillary components; replacement parts; performance monitoring and service; and hydraulic and lubricated rotating equipment applications, as well as gas and liquid filtration for industrial processes and connected services. It also sells aerospace and defense products comprising of air, fuel, lubrication and hydraulic filtration for fixed-wing and rotorcraft aerospace applications and ground defense vehicle and naval platforms. This segment sells its products to various distributors, OEMs, and end-users. The Life Sciences segment provides micro-environment gas and liquid filtration for food, beverage, and industrial processes; bioprocessing equipment that includes bioreactors and fermenters; and bioprocessing consumables, such as chromatography devices, reagents and filters, and polytetrafluoroethylene membrane-based products, as well as specialized air and gas filtration systems for applications, including hard disk drives, semi-conductor manufacturing and sensors, battery systems, and powertrain components to OEMs and various end-users. The company was founded in 1915 and is headquartered in Bloomington, Minnesota.

How this company scores

ExcellentMetricSide Score: 85/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability25/25

Growth19/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 22.7x5y range 19.1x – 31.1x

Currently near its 20-quarter median.

P/S · 2.6x5y range 1.9x – 3.1x

Currently near its 20-quarter median.

P/B · 5.9x5y range 5.2x – 7.5x

Price & Volume

Market Cap $9.97B

Metrics at a Glance

as of April 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.81B
Q. Revenue: $995.10M
TTM EBITDA: $722.00M
TTM Op. Income: $575.00M
Q. Op. Income: $155.30M
TTM Net Income: $438.80M
Q. Net Income: $118.10M
EPS: $1.02
Shares Out.: $115.90M

$3.81B in TTM revenue grew 4.4% YoY, reaching $995.10M last quarter. TTM EBITDA of $722.00M and TTM operating income of $575.00M show growth is flowing through to the bottom line. TTM net income of $438.80M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 33.5%
EBITDA Margin: 18.0%
Op. Margin: 15.6%
Net Margin: 11.9%

Op. margin of 15.6% is up 6.3% YoY — cost efficiency is improving. Net margin at 11.9% and gross margin of 33.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 68% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 22.7x
P/S Ratio: 2.6x
P/B Ratio: 5.9x

At 22.7x P/E, the stock trades within typical market levels. P/S of 2.6x and P/B of 5.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 6% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.09B
Cash: $204.10M
Long-Term Debt: $591.60M
Book Value: $1.70B
D/E Ratio: 0.3
Debt/EBITDA: 3.3

With $3.09B in assets and $591.60M in long-term debt, D/E is 0.3and book value is $1.70B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $135.40M
TTM Free Cash Flow: $388.80M
FCF Margin: 10.2%
FCF / Net Income: 0.9

TTM FCF of $388.80M on $135.40M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 30% — an improving trend.