Donaldson Company, Inc. (DCI) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 135.4M | 33M | 125.4M | 167.8M | 87.7M | 90.4M | 72.9M | 126M | 141.5M | 87M | 138M | 190.8M | 133.2M | 102.3M | 118.2M | 108.9M | 64.1M | 36.9M | 42.9M | 96.3M |
| Operating CF Margin % | 13.61% | 3.68% | 13.41% | 17.11% | 9.33% | 10.39% | 8.1% | 13.47% | 15.25% | 9.92% | 16.31% | 21.69% | 15.21% | 12.35% | 13.95% | 12.24% | 7.51% | 4.6% | 5.64% | 12.46% |
| Operating CF Growth % | 54.39% | -63.5% | 72.02% | 33.17% | -38.02% | 3.91% | -47.17% | -33.96% | 6.23% | -14.96% | 16.75% | 75.21% | 107.8% | 177.24% | 175.52% | 13.08% | -37.95% | -49.73% | -66.72% | -20.94% |
| Net Income | 118.1M | 92.5M | 113.9M | 114.3M | 57.8M | 95.9M | 99M | 109.7M | 113.5M | 98.7M | 92.1M | 91.9M | 93.7M | 86M | 87.2M | 101M | 83M | 71.7M | 77.1M | 84.3M |
| Depreciation & Amortization | 24.1M | 24.6M | 24.3M | 24.4M | 24.6M | 25M | 25.5M | 24.9M | 24.6M | 24.6M | 24.3M | 25M | 22.5M | 22.4M | 22.4M | 22.8M | 23.5M | 23.7M | 23.8M | 24.9M |
| Stock-Based Compensation | 0 | 4.6M | 11.4M | 3.9M | 3.7M | 4.2M | 12.2M | 3.7M | 3.8M | 4M | 10.5M | 3.3M | 3.4M | 4M | 9.7M | 3.4M | 3.6M | 4.4M | 9M | 2.6M |
| Deferred Taxes | 0 | 500K | 300K | -4.8M | -5.9M | -8.6M | -4.7M | -7.7M | -6.3M | -5.7M | -4.6M | -5.7M | -2.5M | -3.7M | -3.4M | -4.4M | 1.8M | 400K | 800K | -500K |
| Other Non-Cash Items | 5.4M | -100.9M | -12.8M | 1.1M | 50.8M | 3M | -2.4M | -3M | 53.6M | 1.6M | -200K | 2.5M | 900K | -1.6M | 4.5M | 6.6M | -2.2M | 3.8M | 2.7M | 1.4M |
| Working Capital Changes | -12.2M | 11.7M | -11.7M | 28.9M | -43.3M | -29.1M | -56.7M | -1.6M | 5.3M | -36.2M | 15.9M | 73.8M | 15.2M | -4.8M | -2.2M | -20.5M | -45.6M | -67.1M | -70.5M | -16.4M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.1M | 0 | 0 | 0 | -100.8M | 0 | 0 | 0 | -92.7M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 99.8M | 0 | 0 | 0 | -147.8M | 0 | 0 | 0 | -56.3M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39M | 0 | 0 | 0 | 55.4M | 0 | 0 | 0 | 151.8M |
| Cash from Investing | -23.8M | -15M | -3.4M | -20.6M | -14.7M | -19.1M | -96M | -19.1M | -23.3M | -21.3M | -23.2M | -172.2M | -97.5M | -29.5M | -28.1M | -48.2M | -23.3M | -64.2M | -18.3M | -18.1M |
| Capital Expenditures | -23.3M | -15M | -14.2M | -20.3M | -14.7M | -18.9M | -25M | -19.8M | -21.3M | -21.3M | -23.2M | -25.3M | -35.2M | -29.5M | -28.1M | -28.3M | -23.3M | -15.2M | -18.3M | -18.1M |
| CapEx % of Revenue | 2.34% | 1.67% | 1.52% | 2.07% | 1.56% | 2.17% | 2.78% | 2.12% | 2.3% | 2.43% | 2.74% | 2.88% | 4.02% | 3.56% | 3.32% | 3.18% | 2.73% | 1.89% | 2.4% | 2.34% |
| Acquisitions | -500K | -10.8M | 10.8M | -300K | 0 | -200K | 0 | 700K | -2M | 0 | 0 | -146.9M | -62.3M | 0 | 0 | -19.9M | 0 | -49M | 0 | 15.1M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 10.8M | 0 | 0 | 0 | -200K | -71M | 700K | 0 | 0 | 0 | 400K | 0 | 0 | 0 | 400K | 0 | -49M | 0 | 700K |
| Cash from Financing | -100.8M | -38.4M | -93.1M | -146.3M | -86.9M | -98.3M | 9.8M | -98.4M | -85.8M | -92.8M | -78.9M | -18.1M | -27.3M | -64M | -112.8M | -31.4M | -37.1M | -200K | -45.5M | -67.8M |
| Debt Issued (Net) | -70.8M | -2.6M | 11.5M | -54.8M | 133.4M | -59.4M | 105.1M | -21.6M | -55.8M | -40.1M | 2.7M | 31.9M | -30M | 18.6M | -40M | 12.5M | 27.7M | 33M | 89.5M | 12.3M |
| Equity Issued (Net) | 5.5M | -1.2M | -69.9M | -48.1M | -190.6M | -7.2M | -74.4M | -36.3M | -27.2M | -33.3M | -53.3M | -26.8M | -4.1M | -69.5M | -45.7M | -16.9M | -38.1M | -12.7M | -100.1M | -63.5M |
| Dividends Paid | -34.7M | -34.6M | -34.7M | -35M | -32.3M | -32.2M | -32.4M | -32.5M | -30M | -30.1M | -30.2M | -30.3M | -27.9M | -28M | -28.2M | -28.3M | -27.2M | -27.2M | -27.4M | -27.7M |
| Share Repurchases | 111.2M | -19.7M | -91.5M | -59.3M | -190.6M | -7.2M | -74.4M | -56.9M | -27.2M | -33.3M | -53.3M | -22.5M | -4.1M | -69.5M | -45.7M | -16.9M | -38.1M | -12.7M | -102.9M | -63.5M |
| Other Financing | -800K | 0 | 0 | -8.4M | 2.6M | 500K | 11.5M | 4.6M | 27.2M | 10.7M | 1.9M | 7.1M | 34.7M | 14.9M | 1.1M | 1.3M | 500K | 6.7M | -7.5M | 11.1M |
| Net Change in Cash | 9.7M | -16.3M | 30.3M | 1.9M | -10.6M | -32.1M | -11.5M | 9M | 29.9M | -24M | 30.7M | 1.1M | 6.6M | 18.4M | -32.3M | 24.6M | -1.7M | -30.4M | -22M | 7.5M |
| Free Cash Flow | 112.1M | 18M | 111.2M | 147.5M | 73M | 71.5M | 47.9M | 106.2M | 120.2M | 65.7M | 114.8M | 165.5M | 98M | 72.8M | 90.1M | 80.6M | 40.8M | 21.7M | 24.6M | 78.2M |
| FCF Margin % | 11.27% | 2.01% | 11.89% | 15.04% | 7.77% | 8.22% | 5.32% | 11.35% | 12.95% | 7.49% | 13.56% | 18.82% | 11.19% | 8.79% | 10.63% | 9.06% | 4.78% | 2.7% | 3.23% | 10.12% |
| FCF Growth % | 53.56% | -74.83% | 132.15% | 38.89% | -39.27% | 8.83% | -58.28% | -35.83% | 22.65% | -9.75% | 27.41% | 105.34% | 140.2% | 235.48% | 266.26% | 3.07% | -56.36% | -64.89% | -77.66% | -25.95% |
| FCF per Share | 0.95 | 0.15 | 0.94 | 1.25 | 0.61 | 0.59 | 0.39 | 0.87 | 0.98 | 0.54 | 0.94 | 1.34 | 0.79 | 0.59 | 0.73 | 0.65 | 0.33 | 0.17 | 0.19 | 0.61 |
| FCF Conversion (FCF/Net Income) | 1.15x | 0.36x | 1.10x | 1.47x | 1.52x | 0.94x | 0.74x | 1.15x | 1.25x | 0.88x | 1.50x | 2.08x | 1.42x | 1.19x | 1.36x | 1.08x | 0.77x | 0.51x | 0.56x | 1.14x |
| Interest Paid | 7.4M | 5.3M | 0 | 7.5M | 3.6M | 5.9M | 5.2M | 5.6M | 6.5M | 4.7M | 6.6M | 5.3M | 6.7M | 3.5M | 5.4M | 2.8M | 4.4M | 1.9M | 3.1M | 1.9M |
| Taxes Paid | 34M | 73.7M | 0 | -134.9M | 51.4M | 63.4M | 20.1M | 32.7M | 30M | 63.2M | 21.9M | 28.2M | 40.4M | 52.5M | 19.8M | 21.9M | 30.1M | 27.2M | 23.2M | 29.4M |