Donaldson Company, Inc. (DCI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.57B | 1.53B | 1.51B | 1.46B | 1.48B | 1.42B | 1.48B | 1.44B | 1.4B | 1.32B | 1.31B | 1.29B | 1.35B | 1.35B | 1.34B | 1.41B | 1.37B | 1.31B | 1.3B | 1.24B |
| Cash & Short-Term Investments | 204.1M | 194.4M | 210.7M | 180.4M | 178.5M | 189.1M | 221.2M | 232.7M | 223.7M | 193.8M | 217.8M | 187.1M | 186M | 179.4M | 161M | 193.3M | 168.7M | 170.4M | 200.8M | 222.8M |
| Cash Only | 204.1M | 194.4M | 210.7M | 180.4M | 178.5M | 189.1M | 221.2M | 232.7M | 223.7M | 193.8M | 217.8M | 187.1M | 186M | 179.4M | 161M | 193.3M | 168.7M | 170.4M | 200.8M | 222.8M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 726.5M | 647.9M | 655.6M | 662.2M | 665.6M | 597.6M | 631.3M | 629.7M | 653.2M | 610.5M | 582.5M | 599.7M | 626.3M | 574.5M | 584.2M | 616.6M | 585.5M | 553.4M | 545.1M | 552.7M |
| Days Sales Outstanding | 61.46 | 66.9 | 64.81 | 62.28 | 59.79 | 64.98 | 64.44 | 63.09 | 61.29 | 62.6 | 64.26 | 64.12 | 61.02 | 64.35 | 65.19 | 62.13 | 59.4 | 62.97 | 66.37 | 65.09 |
| Inventory | 535.9M | 555.8M | 533.3M | 513.6M | 529.4M | 540.8M | 520M | 476.7M | 444.7M | 433.4M | 429.6M | 418.1M | 449.7M | 501.3M | 490.1M | 502.4M | 510.7M | 480.7M | 444.7M | 384.5M |
| Days Inventory Outstanding | 73.42 | 83.99 | 79.39 | 74.74 | 77.04 | 86.5 | 78.98 | 70.57 | 65.67 | 69.41 | 71.5 | 68.9 | 72.11 | 83.85 | 81.51 | 77.88 | 75.52 | 77.02 | 75.7 | 67.5 |
| Other Current Assets | 106.3M | 128.9M | 114.8M | 105.5M | 102M | 95M | 106.9M | 99M | 79.1M | 79.5M | 83.2M | 81.1M | 90.6M | 93.9M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.51B | 1.53B | 1.51B | 1.52B | 1.52B | 1.54B | 1.56B | 1.48B | 1.47B | 1.47B | 1.46B | 1.48B | 1.32B | 1.23B | 1.18B | 1.19B | 1.15B | 1.18B | 1.14B | 1.16B |
| Property, Plant & Equipment | 637.2M | 645.3M | 638.9M | 644.5M | 648.3M | 637.8M | 647.4M | 645.5M | 642.8M | 647M | 642.3M | 652.9M | 640.9M | 625.8M | 590.8M | 594.4M | 591.1M | 601M | 609.7M | 617.8M |
| Fixed Asset Turnover | 1.55x | 1.40x | 1.46x | 1.52x | 1.46x | 1.35x | 1.39x | 1.45x | 1.44x | 1.36x | 1.31x | 1.36x | 1.38x | 1.36x | 1.43x | 1.50x | 1.43x | 1.33x | 1.24x | 1.24x |
| Goodwill | 499.4M | 504.1M | 494.8M | 493.6M | 489.8M | 469.3M | 479.9M | 478.4M | 475.3M | 475.9M | 469.3M | 481.1M | 380.3M | 350.2M | 340.1M | 345.8M | 336.6M | 344.3M | 320.6M | 322.5M |
| Intangible Assets | 92.3M | 95M | 96.4M | 97.4M | 101.7M | 160.8M | 168.3M | 171.9M | 174.6M | 179.4M | 181.7M | 188.1M | 138.8M | 96.4M | 95.2M | 99.8M | 73.8M | 79.4M | 59.2M | 61.6M |
| Long-Term Investments | 109.2M | 105.2M | 0 | 103.6M | 0 | 0 | 0 | 26.8M | 25.9M | 24.3M | -27.4M | -32.3M | 24.3M | 20.5M | 20.4M | 22.4M | -30.9M | -30.6M | -26.5M | 24.2M |
| Other Non-Current Assets | 176.6M | 183.8M | 282.3M | 176.4M | 281.2M | 270.9M | 165.9M | 164.3M | 129.3M | 117.8M | 162.2M | 162.4M | 105.9M | 111M | 101.1M | 98.7M | 150.4M | 152.4M | 153.2M | 154.3M |
| Total Assets | 3.09B | 3.06B | 3.03B | 2.98B | 3B | 2.96B | 3.04B | 2.91B | 2.87B | 2.78B | 2.77B | 2.77B | 2.68B | 2.58B | 2.51B | 2.6B | 2.52B | 2.49B | 2.44B | 2.4B |
| Asset Turnover | 0.32x | 0.29x | 0.31x | 0.33x | 0.32x | 0.29x | 0.30x | 0.32x | 0.33x | 0.32x | 0.31x | 0.32x | 0.33x | 0.33x | 0.33x | 0.35x | 0.34x | 0.33x | 0.31x | 0.33x |
| Asset Growth % | 3.04% | 3.35% | -0.55% | 2.16% | 4.55% | 6.39% | 9.93% | 5.19% | 7.12% | 7.95% | 10.21% | 6.55% | 6.2% | 3.5% | 3.01% | 8.34% | 6.99% | 9.7% | 7.45% | 6.93% |
| Total Current Liabilities | 668.5M | 665.9M | 703.9M | 757.2M | 760.1M | 765.8M | 800.6M | 782.5M | 735.2M | 893.5M | 882.6M | 756.4M | 712M | 580.1M | 569.3M | 629.6M | 606.5M | 638.5M | 581.9M | 606.6M |
| Accounts Payable | 353.4M | 348.8M | 372.9M | 368.6M | 362M | 375.2M | 373.5M | 379.4M | 370M | 325.8M | 324.9M | 304.9M | 311.1M | 302.1M | 320.7M | 338.5M | 335.8M | 324.5M | 310M | 293.9M |
| Days Payables Outstanding | 47.22 | 55.66 | 56.23 | 52.36 | 53.07 | 61.05 | 59.66 | 57.4 | 52.04 | 52.34 | 53.12 | 48.91 | 46.49 | 52.67 | 54.14 | 51.83 | 50.3 | 52.81 | 55.13 | 50.95 |
| Short-Term Debt | 10.3M | 6.5M | 2.5M | 31.2M | 83.6M | 62.7M | 103.2M | 53.3M | 74.4M | 262.1M | 284.8M | 159.1M | 151.6M | 4M | 200K | 3.7M | 31.3M | 63.9M | 41.2M | 48.5M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 23.4M | 27.1M | 24.8M | 19.7M | 25.8M | 29.7M | 26M | 25.3M | 31.2M | 30.9M | 29M | 22.3M | 23.3M | 145.8M | 108.6M | 26.6M |
| Other Current Liabilities | 290.8M | 310.6M | 274.5M | 169.2M | 113.8M | 99M | 299.1M | 126.4M | 265M | 275.9M | 246.9M | 97.6M | 218.1M | 110.5M | 248.4M | 103.2M | 239.4M | 160.5M | 230.7M | 91.4M |
| Current Ratio | 2.35x | 2.29x | 2.15x | 1.93x | 1.94x | 1.86x | 1.85x | 1.84x | 1.91x | 1.47x | 1.49x | 1.70x | 1.90x | 2.33x | 2.35x | 2.23x | 2.25x | 2.06x | 2.23x | 2.05x |
| Quick Ratio | 1.55x | 1.46x | 1.39x | 1.25x | 1.24x | 1.15x | 1.20x | 1.23x | 1.30x | 0.99x | 1.00x | 1.15x | 1.27x | 1.46x | 1.48x | 1.44x | 1.41x | 1.31x | 1.46x | 1.42x |
| Cash Conversion Cycle | 87.66 | 95.23 | 87.96 | 84.67 | 83.76 | 90.43 | 83.76 | 76.26 | 74.92 | 79.67 | 82.64 | 84.11 | 86.63 | 95.52 | 92.56 | 88.18 | 84.62 | 87.18 | 86.93 | 81.65 |
| Total Non-Current Liabilities | 723.7M | 819.4M | 806.3M | 766.5M | 772.2M | 651.1M | 700M | 642.7M | 646.9M | 514.2M | 549.9M | 693.4M | 664.8M | 804.3M | 787.9M | 837.5M | 789.1M | 736M | 740.7M | 656.5M |
| Long-Term Debt | 591.6M | 674.3M | 671.5M | 630.4M | 638.8M | 514.7M | 538.6M | 483.4M | 481.8M | 352M | 366.6M | 496.6M | 470.5M | 624.8M | 600.7M | 644.3M | 607.2M | 553.9M | 548.1M | 461M |
| Capital Lease Obligations | 0 | 0 | 0 | 37.8M | 0 | 0 | 0 | 41.3M | 0 | 0 | 0 | 42.4M | 0 | 0 | 0 | 28.5M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 10.2M | 10.9M | 10.6M | 10.5M | 11.1M | 13.3M | 15.3M | 16.1M | 17.5M | 21.9M | 27.4M | 32.3M | 32.7M | 25.6M | 29M | 32.7M | 30.9M | 30.6M | 26.5M | 26.6M |
| Other Non-Current Liabilities | 121.9M | 134.2M | 124.2M | 87.8M | 122.3M | 123.1M | 146.1M | 101.9M | 147.6M | 140.3M | 155.9M | 122.1M | 161.6M | 153.9M | 158.2M | 132M | 151M | 151.5M | 166.1M | 168.9M |
| Total Liabilities | 1.39B | 1.49B | 1.51B | 1.52B | 1.53B | 1.42B | 1.5B | 1.43B | 1.38B | 1.41B | 1.43B | 1.45B | 1.38B | 1.38B | 1.36B | 1.47B | 1.4B | 1.37B | 1.32B | 1.26B |
| Total Debt | 601.9M | 680.8M | 674M | 661.6M | 722.4M | 577.4M | 641.8M | 511.7M | 556.2M | 614.1M | 651.4M | 655.7M | 622.1M | 628.8M | 600.9M | 692.8M | 638.5M | 617.8M | 589.3M | 527.6M |
| Net Debt | 397.8M | 486.4M | 463.3M | 481.2M | 543.9M | 388.3M | 420.6M | 304M | 332.5M | 420.3M | 433.6M | 468.6M | 436.1M | 449.4M | 439.9M | 499.5M | 469.8M | 447.4M | 388.5M | 304.8M |
| Debt / Equity | 0.36x | 0.43x | 0.44x | 0.46x | 0.49x | 0.37x | 0.42x | 0.34x | 0.37x | 0.45x | 0.49x | 0.50x | 0.48x | 0.53x | 0.52x | 0.61x | 0.57x | 0.55x | 0.53x | 0.46x |
| Debt / EBITDA | 3.88x | 4.75x | 4.02x | 3.76x | 6.45x | 3.84x | 4.11x | 2.99x | 3.31x | 3.98x | 4.37x | 4.50x | 4.25x | 4.53x | 4.24x | 4.55x | 4.75x | 5.17x | 4.49x | 3.85x |
| Net Debt / EBITDA | 2.56x | 3.39x | 2.76x | 2.73x | 4.86x | 2.58x | 2.69x | 1.78x | 1.98x | 2.72x | 2.91x | 3.22x | 2.98x | 3.24x | 3.10x | 3.28x | 3.49x | 3.75x | 2.96x | 2.23x |
| Interest Coverage | 23.82x | 16.14x | 21.77x | 22.08x | 16.26x | 22.19x | 24.73x | 27.30x | 28.28x | 24.04x | 23.35x | 24.94x | 24.82x | 25.63x | 26.91x | 32.37x | 30.29x | 27.25x | 31.62x | 37.77x |
| Total Equity | 1.7B | 1.58B | 1.52B | 1.45B | 1.46B | 1.54B | 1.54B | 1.49B | 1.48B | 1.38B | 1.34B | 1.32B | 1.3B | 1.19B | 1.15B | 1.13B | 1.12B | 1.12B | 1.12B | 1.14B |
| Equity Growth % | 15.78% | 1.99% | -1.71% | -2.39% | -1.33% | 12.25% | 15.49% | 12.75% | 14.27% | 15.21% | 15.7% | 16.55% | 15.58% | 6.93% | 3.49% | -0.34% | -2.58% | 3.95% | 5.43% | 13.86% |
| Book Value per Share | 14.35 | 13.36 | 12.87 | 12.31 | 12.17 | 12.72 | 12.66 | 12.16 | 12.07 | 11.27 | 10.90 | 10.72 | 10.52 | 9.69 | 9.32 | 9.13 | 9.02 | 8.89 | 8.84 | 8.90 |
| Total Shareholders' Equity | 1.7B | 1.58B | 1.52B | 1.45B | 1.46B | 1.54B | 1.54B | 1.49B | 1.48B | 1.38B | 1.34B | 1.32B | 1.3B | 1.19B | 1.15B | 1.13B | 1.12B | 1.12B | 1.12B | 1.14B |
| Common Stock | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M | 758.2M |
| Retained Earnings | 2.87B | 2.75B | 2.72B | 2.61B | 2.57B | 2.51B | 2.48B | 2.38B | 2.33B | 2.22B | 2.18B | 2.09B | 2.06B | 1.96B | 1.93B | 1.85B | 1.79B | 1.7B | 1.69B | 1.61B |
| Treasury Stock | -1.82B | -1.82B | -1.83B | -1.77B | -1.72B | -1.53B | 0 | -1.47B | -1.43B | -1.44B | -1.42B | -1.38B | -1.36B | -1.37B | -1.32B | -1.28B | -1.27B | -1.23B | -1.23B | -1.13B |
| Accumulated OCI | -151.6M | -143.8M | -172.7M | -180.7M | -175.8M | -223M | -193M | -198.9M | -200.1M | -189.2M | -208.3M | -172.5M | -179.5M | -180.2M | -239.9M | -205.6M | -182.3M | -140.1M | -125.4M | -118.2M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |