DCI financial statements

The full income statement, balance sheet, and cash-flow statement for Donaldson Company Inc. (DCI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-04 120.4M2024-07 119.7M2024-10 119.4M2025-01 119.5M2025-04 116.5M2025-07 115.9M2025-10 115.3M2026-01 115.8M2026-04 115.9M-3.7% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofJul 31 ’25	as ofJul 31 ’24	as ofJul 31 ’23	as ofJul 31 ’22	as ofJul 31 ’21
Revenue	3.69B YoY+2.9%	3.59B YoY+4.5%	3.43B YoY+3.8%	3.31B YoY+15.9%	2.85B YoY+10.5%
	1.29B YoY+0.9%	1.27B YoY+9.8%	1.16B YoY+8.7%	1.07B YoY+9.8%	972M YoY+11.5%
Cost of revenue	2.40B YoY+4.0%	2.31B YoY+1.8%	2.27B YoY+1.4%	2.24B YoY+19.0%	1.88B YoY+10.1%
	791M YoY+8.3%	730M YoY+7.3%	680M YoY+9.1%	624M YoY+6.3%	587M YoY+10.4%
Research & development	87.8M YoY-6.2%	93.6M YoY+19.8%	78.1M YoY+13.0%	69.1M YoY+1.9%	67.8M YoY+10.8%
Selling, general & administrative	641M YoY+0.7%	637M YoY+5.7%	602M YoY+8.6%	555M YoY+6.9%	519M YoY+10.4%
Restructuring	—	6.40M YoY-70.6%	21.8M	—	—
Amortization of intangibles	13.9M YoY-11.5%	15.7M YoY+37.7%	11.4M YoY+23.9%	9.20M YoY+12.2%	8.20M
Operating income	495M YoY-9.0%	544M YoY+13.3%	480M YoY+8.3%	444M YoY+15.3%	385M YoY+13.1%
Interest expense	24.2M YoY+13.1%	21.4M YoY+11.5%	19.2M YoY+28.9%	14.9M YoY+14.6%	13.0M YoY-25.3%
Other non-operating income	21.0M YoY+66.7%	12.6M YoY+63.6%	7.70M YoY-21.4%	9.80M YoY+5.4%	9.30M YoY-25.6%
Equity-method income	8.30M YoY+12.2%	7.40M YoY+105.6%	3.60M YoY+111.8%	1.70M YoY-59.5%	4.20M YoY-19.2%
Pre-tax income	492M YoY-8.1%	535M YoY+14.2%	469M YoY+6.9%	438M YoY+15.1%	381M YoY+13.7%
Income tax	125M YoY+3.2%	121M YoY+10.4%	110M YoY+4.1%	106M YoY+12.2%	94.1M YoY+20.3%
Net income	367M YoY-11.4%	414M YoY+15.4%	359M YoY+7.8%	333M YoY+16.0%	287M YoY+11.6%
	$3.05 YoY-9.8%	$3.38 YoY+16.6%	$2.90 YoY+9.0%	$2.66 YoY+18.7%	$2.24 YoY+12.0%
EPS (basic)	$3.09 YoY-9.9%	$3.43 YoY+16.3%	$2.95 YoY+9.7%	$2.69 YoY+18.5%	$2.27 YoY+11.8%
	119M YoY-1.7%	121M YoY-0.9%	122M YoY-1.5%	124M YoY-2.1%	126M YoY-0.4%
	120M YoY-1.8%	123M YoY-0.8%	124M YoY-1.3%	125M YoY-2.3%	128M YoY-0.1%
Dividends per share	$1.11 YoY+6.7%	$1.04 YoY+8.3%	$0.96 YoY+6.7%	$0.90 YoY+4.7%	$0.86 YoY+2.4%
Balance Sheet	as ofJul 31 ’25	as ofJul 31 ’24	as ofJul 31 ’23	as ofJul 31 ’22	as ofJul 31 ’21
	1.46B YoY+1.6%	1.44B YoY+11.8%	1.29B YoY-8.6%	1.41B YoY+13.1%	1.24B YoY+13.4%
Cash & equivalents	180M YoY-22.5%	233M YoY+24.4%	187M YoY-3.2%	193M YoY-13.2%	223M YoY-5.8%
Accounts receivable	662M YoY+5.2%	630M YoY+5.0%	600M YoY-2.7%	617M YoY+11.6%	553M YoY+21.4%
Inventory	514M YoY+7.7%	477M YoY+14.0%	418M YoY-16.8%	502M YoY+30.7%	385M YoY+19.2%
Prepaid expenses	106M YoY+6.6%	99.0M YoY+22.1%	81.1M YoY-13.9%	94.2M YoY+12.1%	84.0M YoY+2.3%
	2.98B YoY+2.2%	2.91B YoY+5.2%	2.77B YoY+6.5%	2.60B YoY+8.3%	2.40B YoY+6.9%
Property, plant & equipment	645M YoY-0.2%	646M YoY-1.1%	653M YoY+9.8%	594M YoY-3.8%	618M YoY-2.2%
Operating lease right-of-use	60.5M YoY+1.3%	59.7M YoY+0.3%	59.5M YoY+33.1%	44.7M YoY-12.7%	51.2M YoY-30.5%
Goodwill	494M YoY+3.2%	478M YoY-0.6%	481M YoY+39.1%	346M YoY+7.2%	323M YoY+1.8%
Intangible assets	97.4M YoY-43.3%	172M YoY-8.6%	188M YoY+88.5%	99.8M YoY+62.0%	61.6M YoY-8.5%
Other non-current assets	280M YoY+55.2%	180M YoY+11.1%	162M YoY+5.6%	154M YoY-0.3%	154M YoY+16.7%
	757M YoY-3.2%	783M YoY+3.5%	756M YoY+20.1%	630M YoY+3.8%	607M YoY+49.1%
Accounts payable	369M YoY-2.8%	379M YoY+24.4%	305M YoY-9.9%	339M YoY+15.2%	294M YoY+56.6%
Deferred revenue	—	19.7M YoY-22.1%	25.3M YoY+13.5%	22.3M	—
Short-term & current debt	31.2M YoY+10.2%	28.3M YoY-17.0%	34.1M YoY+821.6%	3.70M YoY-92.4%	48.5M YoY+1176.3%
Current lease liability	24.1M YoY+19.3%	20.2M YoY+13.5%	17.8M YoY+9.2%	16.3M YoY-9.9%	18.1M YoY-29.6%
Other current liabilities	163M YoY-2.3%	166M YoY+95.6%	85.0M YoY-6.8%	91.2M YoY-1.0%	92.1M YoY+7.0%
	1.52B YoY+6.9%	1.43B YoY-1.7%	1.45B YoY-1.2%	1.47B YoY+16.2%	1.26B YoY+1.8%
Long-term debt	640M YoY+25.5%	510M YoY-18.2%	623M YoY-3.6%	647M YoY+39.6%	463M YoY-25.9%
Non-current lease liability	37.8M YoY-8.5%	41.3M YoY-2.6%	42.4M YoY+48.8%	28.5M YoY-15.4%	33.7M YoY-29.9%
Operating lease liability (total)	61.9M YoY+0.7%	61.5M YoY+2.2%	60.2M YoY+34.4%	44.8M YoY-12.5%	51.2M YoY-30.5%
Deferred tax liabilities	10.5M YoY-34.8%	16.1M YoY-50.2%	32.3M YoY-1.2%	32.7M YoY+22.9%	26.6M YoY+59.3%
Other non-current liabilities	107M YoY+3.1%	103M YoY-4.3%	108M YoY+18.6%	91.1M YoY+3.3%	88.2M YoY-21.6%
	1.45B YoY-2.4%	1.49B YoY+12.8%	1.32B YoY+16.5%	1.13B YoY-0.3%	1.14B YoY+14.5%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	758M YoY+0.0%	758M YoY+0.0%	758M YoY+0.0%	758M YoY+0.0%	758M YoY+0.0%
Additional paid-in capital	35.8M YoY+33.6%	26.8M YoY+8.1%	24.8M YoY+45.9%	17.0M YoY+193.1%	5.80M
Retained earnings	2.61B YoY+9.8%	2.38B YoY+13.9%	2.09B YoY+13.1%	1.85B YoY+14.8%	1.61B YoY+12.5%
Treasury stock	1.77B YoY+20.0%	1.47B YoY+7.0%	1.38B YoY+7.4%	1.28B YoY+13.5%	1.13B YoY+9.4%
Accumulated other comprehensive income	-181M YoY+9.2%	-199M YoY-15.3%	-173M YoY+16.1%	-206M YoY-73.9%	-118M YoY+35.8%
Total equity incl. non-controlling	—	—	1.32B YoY+16.5%	1.13B YoY-0.3%	1.14B YoY+14.5%
Total liabilities & equity	2.98B YoY+2.2%	2.91B YoY+5.2%	2.77B YoY+6.5%	2.60B YoY+8.3%	2.40B YoY+6.9%
	152M YoY+0.0%	152M YoY+0.0%	152M YoY+0.0%	152M YoY+0.0%	152M YoY+0.0%
	116M YoY-3.2%	120M YoY-1.2%	121M YoY-1.0%	122M YoY-1.2%	124M YoY-1.9%
Cash Flow	as ofJul 31 ’25	as ofJul 31 ’24	as ofJul 31 ’23	as ofJul 31 ’22	as ofJul 31 ’21
	419M YoY-15.0%	493M YoY-9.6%	545M YoY+115.4%	253M YoY-37.1%	402M YoY+3.9%
Depreciation & amortization	99.5M YoY+1.1%	98.4M YoY+6.6%	92.3M YoY-1.6%	93.8M YoY-1.6%	95.3M YoY+8.8%
Intangible amortization	13.9M YoY-11.5%	15.7M YoY+37.7%	11.4M YoY+23.9%	9.20M YoY+12.2%	8.20M
Share-based compensation	24.0M YoY+9.1%	22.0M YoY+7.8%	20.4M YoY+0.0%	20.4M YoY+43.7%	14.2M YoY-6.6%
Deferred income taxes	-24.0M YoY+1.2%	-24.3M YoY-58.8%	-15.3M YoY-992.9%	-1.40M YoY+76.3%	-5.90M YoY-318.5%
Change in receivables	21.4M YoY-45.7%	39.4M YoY+230.9%	-30.1M YoY-129.9%	101M YoY+8.7%	92.7M YoY+220.2%
Change in inventory	32.2M YoY-50.9%	65.6M YoY+165.7%	-99.8M YoY-167.5%	148M YoY+162.5%	56.3M YoY+573.1%
Change in payables	-5.50M YoY-106.8%	80.3M YoY+305.9%	-39.0M YoY-176.3%	51.1M YoY-52.1%	107M YoY+345.1%
	-150M YoY-73.1%	-86.9M YoY+73.4%	-327M YoY-112.5%	-154M YoY-164.2%	-58.3M YoY+54.8%
Capital expenditure	78.9M YoY-7.8%	85.6M YoY-27.8%	119M YoY+38.6%	85.5M YoY+44.9%	59.0M YoY-52.6%
Free cash flow	340M YoY-16.5%	407M YoY-4.5%	426M YoY+154.6%	167M YoY-51.2%	343M YoY+30.6%
Acquisitions	2.40M YoY+20.0%	2.00M YoY-99.0%	209M YoY+203.6%	68.9M	0.00 YoY-100.0%
Proceeds from sale of PP&E	2.10M YoY+200.0%	700K YoY+75.0%	400K YoY+0.0%	400K YoY-42.9%	700K YoY-65.0%
	-322M YoY+9.6%	-356M YoY-60.2%	-222M YoY-94.6%	-114M YoY+68.6%	-363M YoY-82.1%
Long-term debt issued	388M YoY+224.2%	120M YoY-36.7%	189M YoY-34.6%	289M YoY+3562.0%	7.90M YoY-97.0%
Long-term debt repaid	265M YoY+15.8%	229M YoY+4.2%	220M YoY+144.0%	90.0M YoY-47.2%	170M YoY-39.4%
Net short-term debt	1.20M YoY+121.1%	-5.70M YoY-118.8%	30.4M YoY+169.2%	-43.9M YoY-197.1%	45.2M YoY+4922.2%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	332M YoY+103.7%	163M YoY+14.7%	142M YoY-16.9%	171M YoY+20.0%	142M YoY+50.8%
Dividends paid	132M YoY+7.4%	123M YoY+7.3%	114M YoY+3.9%	110M YoY+2.7%	107M YoY+0.8%
FX effect on cash	1.00M YoY+124.4%	-4.10M YoY-241.7%	-1.20M YoY+91.5%	-14.1M YoY-339.0%	5.90M YoY+2850.0%
Net change in cash	-52.3M YoY-214.7%	45.6M YoY+835.5%	-6.20M YoY+79.0%	-29.5M YoY-113.8%	-13.8M YoY-123.5%
Interest paid	22.2M YoY-5.1%	23.4M YoY+12.0%	20.9M YoY+71.3%	12.2M YoY+11.9%	10.9M YoY-36.3%
Income taxes paid	176M YoY+19.2%	148M YoY+4.9%	141M YoY+37.6%	102M YoY-3.3%	106M YoY+16.8%
Valuation Ratios	as ofJul 31 ’25	as ofJul 31 ’24	as ofJul 31 ’23	as ofJul 31 ’22	as ofJul 31 ’21
Market cap	8.34B YoY-6.9%	8.96B YoY+17.6%	7.62B YoY+13.9%	6.69B YoY-19.6%	8.31B YoY+36.0%
P/E	22.7× YoY+5.0%	21.6× YoY+1.9%	21.2× YoY+0.4%	21.1× YoY-32.2%	31.2× YoY+31.1%
P/S	2.3× YoY-9.5%	2.5× YoY+12.5%	2.2× YoY+5.9%	2.1× YoY-32.0%	3.1× YoY+30.2%
P/B	5.7× YoY-4.6%	6.0× YoY+4.3%	5.8× YoY-3.1%	5.9× YoY-17.4%	7.2× YoY+17.1%
P/FCF	24.5× YoY+11.5%	22.0× YoY+23.1%	17.9× YoY-56.0%	40.6× YoY+80.3%	22.5× YoY-3.2%
	4.4% YoY-4.8%	4.6% YoY-1.9%	4.7% YoY-0.4%	4.7% YoY+47.5%	3.2% YoY-23.7%
	4.1% YoY-10.3%	4.5% YoY-18.8%	5.6% YoY+127.1%	2.5% YoY-44.5%	4.4% YoY+3.3%
	1.5% YoY+11.0%	1.4% YoY-9.0%	1.5% YoY-7.6%	1.7% YoY+27.3%	1.3% YoY-25.2%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: DCI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DCI filings on SEC EDGAR → Not investment advice.