# Donaldson Company Inc. (DCI) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $91.03, market value $11.0 billion.

## Valuation
- **P/E (trailing): 23.6×** (5-yr avg 22.4×, 3-yr avg 21.8×). Donaldson Company Inc. trades at 23.6× trailing earnings, close to its own five-year average of 22.4×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 18.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.9×**. Each dollar of revenue is priced at 2.9×.
- **Price / book: 6.0×**. The shares trade at 6.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 17.0×**. Enterprise value is 17.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.6%** (5-yr avg 4.3%). Free cash flow equals 3.6% of the market value, in line with its five-year average of 4.3%.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 34.2%**. Donaldson Company Inc. keeps 34.2% of revenue after the direct cost of what it sells.
- **Operating margin: 15.1%**. 15.1% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 9.9%**. 9.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 25.2%**. 25.2% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 23.4%**. Return on all capital, debt included, is 23.4%: comfortably above what that capital costs.
- **Return on assets: 14.7%**. Each dollar of assets produces 14.7% of profit.

## Growth
- **Revenue growth (1 yr): 2.9%** (3-yr 3.7%/yr, 5-yr 7.4%/yr). Revenue grew 2.9% over the last year, against 7.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -9.8%** (3-yr 4.7%/yr, 5-yr 8.8%/yr). Earnings per share fell 9.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 26.7%/yr**. Free cash flow has compounded at 26.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.46**. Debt is 0.46 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.7×**. It would take 0.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.36%** ($1.24 per share, trailing). Donaldson Company Inc. yields 1.36%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 36%** (36% of free cash flow). 36% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 6.9%/yr** (1-yr 10.4%). The dividend has grown 6.9% a year over five years.

## Price and momentum
- **Total return (1 yr): 14.0%** (YTD 3.3%, 3-mo 9.2%). The shares are up 14.0% over twelve months including dividends.
- **From 52-week high: -19.3%** (14.6% above the low). Trading 19% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.88** (volatility 26%). Beta of 0.88 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DCI · Page: https://foliofundamentals.com/stocks/dci

Not investment advice.