Donaldson Company, Inc. (DCI) financial statements (2022 and earlier)
Company profile
| Business Address |
1400 W. 94TH ST. MINNEAPOLIS, MN 55431 |
| State of Incorp. | DE |
| Fiscal Year End | July 31 |
| SIC | 3564 - Industrial and Commercial Fans and Blowers and Air Purification Equipment (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2022 TTM | 7/31/2021 | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 170 | 223 | 237 | 178 | 205 | 308 | 243 | ||
| Cash and cash equivalents | 170 | 223 | 237 | 178 | 205 | 308 | 243 | ||
| Receivables | 553 | 553 | 455 | 530 | 535 | 498 | 452 | ||
| Inventory, net of allowances, customer advances and progress billings | 481 | 385 | 323 | 333 | 334 | 294 | 234 | ||
| Inventory | 481 | 385 | 323 | 333 | 334 | 294 | 234 | ||
| Prepaid expense | 4 | ||||||||
| Other undisclosed current assets | 110 | 84 | 82 | 83 | 52 | 51 | 76 | ||
| Total current assets: | 1,314 | 1,244 | 1,097 | 1,123 | 1,126 | 1,151 | 1,010 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 74 | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 601 | 618 | 632 | 589 | 509 | 485 | 470 | ||
| Intangible assets, net (including goodwill) | 424 | 384 | 384 | 374 | 274 | 279 | 268 | ||
| Goodwill | 344 | 323 | 317 | 303 | 238 | 238 | 229 | ||
| Intangible assets, net (excluding goodwill) | 79 | 62 | 67 | 71 | 36 | 41 | 39 | ||
| Deferred income tax assets | 17 | ✕ | ✕ | ✕ | |||||
| Other noncurrent assets | 152 | 154 | 42 | 43 | 48 | 35 | 41 | ||
| Other undisclosed noncurrent assets | 14 | 19 | 30 | ||||||
| Total noncurrent assets: | 1,177 | 1,156 | 1,148 | 1,020 | 851 | 829 | 779 | ||
| TOTAL ASSETS: | 2,491 | 2,400 | 2,245 | 2,143 | 1,977 | 1,980 | 1,789 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 470 | 448 | 286 | 358 | 339 | 325 | 242 | ||
| Accounts payable | 325 | 294 | 188 | 238 | 201 | 194 | 143 | ||
| Accrued liabilities | 32 | 35 | 31 | 38 | |||||
| Employee-related liabilities | 90 | 127 | 71 | 88 | 104 | 100 | 61 | ||
| Taxes payable | 29 | ||||||||
| Interest and dividends payable | 27 | 28 | 27 | ||||||
| Debt | 64 | 49 | 10 | 52 | 44 | 74 | 217 | ||
| Other liabilities | 104 | 92 | 73 | 87 | 85 | 85 | |||
| Other undisclosed current liabilities | 18 | 112 | |||||||
| Total current liabilities: | 639 | 607 | 407 | 483 | 469 | 484 | 544 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 554 | 461 | 617 | 584 | 500 | 537 | 352 | ||
| Operating lease, liability | 34 | 48 | ✕ | ✕ | ✕ | ||||
| Other undisclosed long-term debt and lease obligation | 554 | 427 | 569 | 584 | 500 | 537 | 352 | ||
| Liabilities, other than long-term debt | 182 | 196 | 169 | 159 | 146 | 100 | 122 | ||
| Accounts payable and accrued liabilities | 74 | 81 | 87 | 111 | 105 | ||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 3 | ||||
| Deferred income tax liabilities | 31 | 27 | 17 | ✕ | ✕ | ✕ | |||
| Other liabilities | 77 | 88 | 64 | 49 | 40 | 100 | 119 | ||
| Other undisclosed noncurrent liabilities | 48 | 13 | 4 | 4 | |||||
| Total noncurrent liabilities: | 736 | 657 | 834 | 757 | 649 | 641 | 473 | ||
| Total liabilities: | 1,375 | 1,263 | 1,241 | 1,240 | 1,119 | 1,125 | 1,017 | ||
| Temporary equity, carrying amount | 11 | 10 | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 1,117 | 1,137 | 971 | 893 | 858 | 855 | 771 | ||
| Common stock | 758 | 758 | 758 | 758 | 758 | 758 | 758 | ||
| Treasury stock, value | (1,231) | (1,130) | (1,033) | (981) | (899) | (808) | (707) | ||
| Additional paid in capital | 12 | 6 | |||||||
| Accumulated other comprehensive loss | (140) | (118) | (184) | (193) | (150) | (157) | (206) | ||
| Retained earnings | 1,703 | 1,608 | 1,430 | 1,282 | 1,122 | 1,041 | 905 | ||
| Other undisclosed stockholders' equity attributable to parent | 16 | 13 | 27 | 26 | 20 | 21 | |||
| Stockholders' equity attributable to noncontrolling interest | 6 | ||||||||
| Other undisclosed stockholders' equity | 16 | ||||||||
| Total stockholders' equity: | 1,117 | 1,137 | 993 | 893 | 858 | 855 | 771 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,491 | 2,400 | 2,245 | 2,143 | 1,977 | 1,980 | 1,789 | ||
Income statement (P&L) ($ in millions)
| 1/31/2022 TTM | 7/31/2021 | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,102 | 2,854 | 2,582 | 2,845 | 2,734 | 2,372 | 2,220 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 2,372 | 2,220 | |
| Cost of revenue | (2,071) | (1,882) | (1,710) | (1,897) | (1,799) | (1,549) | (1,466) | |
| Cost of goods and services sold | (1,564) | (1,549) | (1,466) | |||||
| Gross profit: | 1,031 | 972 | 872 | 948 | 936 | 823 | 755 | |
| Operating expenses | (606) | (587) | (532) | (560) | (556) | (495) | (481) | |
| Operating income: | 425 | 385 | 340 | 388 | 380 | 329 | 274 | |
| Nonoperating income (Other Nonoperating income) | 12 | 9 | 13 | 7 | 5 | 13 | 4 | |
| Interest and debt expense | (13) | (13) | (17) | (20) | (21) | (20) | (21) | |
| Income from continuing operations before equity method investments, income taxes: | 424 | 381 | 335 | 375 | 364 | 322 | 257 | |
| Income from equity method investments | 5 | |||||||
| Income from continuing operations before income taxes: | 424 | 381 | 340 | 375 | 364 | 322 | 257 | |
| Income tax expense | (106) | (94) | (78) | (108) | (183) | (89) | (67) | |
| Income before gain (loss) on sale of properties: | 318 | 287 | 262 | 267 | 180 | 233 | 191 | |
| Other undisclosed net loss | (5) | |||||||
| Net income available to common stockholders, diluted: | 318 | 287 | 257 | 267 | 180 | 233 | 191 | |
Comprehensive Income ($ in millions)
| 1/31/2022 TTM | 7/31/2021 | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 318 | 287 | 257 | 267 | 180 | 233 | 191 | |
| Other comprehensive income (loss) | (54) | (12) | 9 | (43) | 7 | 49 | (44) | |
| Comprehensive income: | 264 | 275 | 266 | 224 | 188 | 281 | 147 | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 57 | 77 | ||||||
| Comprehensive income, net of tax, attributable to parent: | 321 | 353 | 266 | 224 | 188 | 281 | 147 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.