DONALDSON Co (DCI) Company Report

Donaldson Company achieved record sales of $896 million in Q2 2026, representing a 3% increase year-over-year, with adjusted earnings per share (EPS) of $0.83, which was flat compared to the prior year.
The company updated its fiscal 2026 outlook, now projecting record sales of approximately $3.8 billion, with revised operating margin guidance between 16% and 16.4% and adjusted EPS between $3.93 and $4.01 per share.
Donaldson announced the acquisition of Facet, its largest acquisition in company history, which is expected to add nearly $110 million in sales with gross and EBITDA margins significantly above the company average.
Rich Lewis will become President and CEO on March 2nd, succeeding Tod Carpenter, who will transition to Executive Chairman. Due to the Facet acquisition, the company does not expect to repurchase additional shares for the remainder of fiscal year 2026, prioritizing debt reduction.

1 day ago

Transcript

Donaldson Co Reports Record Q2 2026 Sales, Updates FY 2026 Outlook, and Announces Major Acquisition and CEO Transition

DCI

Earnings

Guidance Update

M&A

Donaldson Company reported record sales of $896 million for Q2 2026, a 3% increase over the prior year, with adjusted earnings per share of $0.83, flat compared to the previous year.
The company updated its fiscal 2026 outlook, now expecting record sales of approximately $3.8 billion and adjusted earnings per share in the range of $3.93 to $4.01.
Donaldson announced its largest acquisition to date, Facet, which is projected to add nearly $110 million in sales and features gross and EBITDA margins significantly above the company average.
Rich Lewis will assume the role of President and CEO on March 2nd, succeeding Tod Carpenter, who will become Executive Chairman.

1 day ago

Transcript

Donaldson Company Reports Record Q2 FY2026 Sales, Updates FY2026 Outlook, Announces Facet Acquisition and CEO Transition

DCI

Earnings

Guidance Update

M&A

Donaldson Company achieved record sales of $896 million in Q2 Fiscal Year 2026, representing a 3% increase year-over-year, with adjusted earnings per share of $0.83, which was flat compared to the prior year.
The company reaffirmed its fiscal 2026 consolidated sales growth guidance of 1% to 5%, projecting record sales of approximately $3.8 billion, but revised its operating margin guidance to between 16% and 16.4% and adjusted EPS to between $3.93 and $4.01 per share.
Q2 gross margin declined by 150 basis points to 33.7% due to volume de-leveraging, operational inefficiencies related to power generation production, and footprint optimization costs, with improvements anticipated in the second half of the fiscal year.
Donaldson announced the acquisition of Facet, which is expected to add nearly $110 million in sales with gross and EBITDA margins significantly above the company average, and also announced that Rich Lewis will succeed Tod Carpenter as President and CEO, effective March 2nd, 2026.

1 day ago

Transcript

Donaldson Co. Reports Q2 2026 Results, Updates FY26 Guidance, and Announces Acquisition

DCI

Earnings

Guidance Update

M&A

Donaldson Co. reported Q2 2026 sales of $896 million, a 3% year-over-year increase, with Adjusted EPS flat at $0.83.
The company updated its Fiscal Year 2026 guidance, setting the Adjusted EPS range at $3.93 to $4.01 and maintaining a sales growth outlook of 1% to 5%.
Donaldson announced the acquisition of Facet Filtration for $820 million in cash, which generated $108 million in revenue in CY2025 and will be integrated into the Industrial Solutions segment.
Richard Lewis, COO, will succeed Tod Carpenter as President and CEO, and $51 million was returned to shareholders in Q2 2026 through dividends and share repurchases.

1 day ago

Presentation

Donaldson Reports Second Quarter Fiscal Year 2026 Sales and Earnings

DCI

Earnings

Guidance Update

M&A

Donaldson reported record second quarter fiscal 2026 sales of $896.3 million, marking a 3.0% increase compared to the prior year.
GAAP EPS for the second quarter fiscal 2026 was $0.78, while adjusted EPS was $0.83, remaining flat compared to the prior year's second quarter.
The company announced an agreement to acquire Facet, a provider of fuel and fluid filtration solutions, in an all-cash transaction valued at approximately $820 million, with the acquisition expected to close in the second half of fiscal year 2026.
Donaldson updated its fiscal 2026 outlook, projecting adjusted full-year EPS between $3.93 and $4.01 (a decrease from previous guidance) and an adjusted operating margin between 16.0% and 16.4% (also a decrease from previous guidance), while sales are still projected to increase 1% to 5%.

1 day ago

Press Release

Donaldson Reports Q2 2026 Sales and Earnings, Announces Acquisition, and Updates Outlook

DCI

Earnings

M&A

Guidance Update

Donaldson reported record second quarter fiscal year 2026 sales of $896 million, an increase of 3.0%, with Adjusted EPS of $0.83, flat compared to the prior year.
The company announced the margin-accretive acquisition of Facet for approximately $820 million, expected to close in the second half of fiscal year 2026, which will strengthen its core filtration product portfolio.
Donaldson updated its fiscal 2026 outlook, projecting adjusted full-year EPS between $3.93 and $4.01 and sales growth of 1% to 5%.
The adjusted operating margin for fiscal 2026 is now expected to be between 16.0% and 16.4%, a decrease from previous guidance.

2 days ago

8-K

Beast Industries Adquire a Step, Expandindo para Serviços Financeiros

DCI

M&A

New Projects/Investments

Beast Industries anunciou a aquisição da Step, uma empresa de tecnologia financeira focada em tornar o conhecimento financeiro e a gestão do dinheiro acessíveis.
Esta aquisição estratégica expande a plataforma global da Beast Industries para incluir serviços financeiros, combinando a tecnologia e a equipe de fintech da Step com o amplo alcance de público da Beast Industries.
O objetivo é oferecer soluções inovadoras que tornarão o bem-estar financeiro alcançável, alavancando os mais de 7 milhões de usuários que a Step já atraiu.

Feb 9, 2026, 8:18 PM

Press Release

Donaldson Company, Inc. to acquire Facet Filtration business

DCI

M&A

New Projects/Investments

Guidance Update

Donaldson Company, Inc. (DCI) has entered into a definitive agreement to acquire Filtration Group's Facet Filtration business for approximately $820 million in an all-cash transaction, announced on February 2, 2026.
The acquisition is expected to add nearly $110 million in sales for calendar year 2025 and is projected to be immediately margin accretive and EPS accretive in fiscal year 2027.
Facet specializes in fuel and fluid filtration for mission-critical applications in aerospace and defense, and power generation, with approximately 70% of its sales from recurring consumables.
The transaction is subject to customary closing conditions, including regulatory approvals.

Feb 2, 2026, 1:44 PM

8-K

Donaldson to Acquire Facet

DCI

M&A

New Projects/Investments

Donaldson Company, Inc. has entered into a definitive agreement to acquire Filtration Group’s Facet Filtration business for approximately $820 million in an all-cash transaction.
The acquisition is expected to add nearly $110 million in sales (based on Calendar 2025 sales for Facet) and is anticipated to be immediately margin accretive and EPS accretive in fiscal year 2027 for Donaldson.
Facet specializes in fuel and fluid filtration solutions for mission-critical applications, primarily in aerospace and defense and power generation, with approximately 70% of its revenues from recurring, regulated replacement part sales.

Feb 2, 2026, 1:30 PM

Press Release

Donaldson Company Reports Strong Q1 FY26 Results and Raises FY26 Outlook

DCI

Earnings

Guidance Update

Share Buyback

Donaldson Company reported strong Q1 FY26 results with sales of $935 million, a 4% year-over-year increase, and record earnings per share of $0.94, up 13% from the prior year.
The company expanded its operating profit margin to a record 15.5% in Q1 FY26.
Donaldson is increasing its full-year fiscal 2026 guidance, with expected record sales of $3.8 billion and an all-time high EPS of $4.03 at the midpoint of the updated ranges.
Shareholder returns included $127 million through share repurchase and dividends in Q1 FY26, and the company forecasts repurchasing 2%-3% of shares outstanding for FY26.
Key segment performance in Q1 FY26 included Mobile Solutions sales up 5% and Life Sciences sales up 13%, with significant improvement in Life Sciences' pre-tax margin to 9.2% from a loss in the prior year.