DONALDSON Co INC
For the period ended Jul 31, 2025. Filed Sep 26, 2025.
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FY2025 · Filed Sep 26, 2025
DCI$87.35-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
(In millions, except per share amounts)
| Year Ended July 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net sales | $3,690.9 | $3,586.3 | $3,430.8 |
| Cost of sales | 2,404.7 | 2,311.9 | 2,270.2 |
| Gross profit | 1,286.2 | 1,274.4 | 1,160.6 |
| Selling, general and administrative | 641.0 | 636.7 | 602.3 |
| Loss on impairment of intangible assets | 62.0 | — | — |
| Research and development | 87.8 | 93.6 | 78.1 |
| Operating expenses | 790.8 | 730.3 | 680.4 |
| Operating income | 495.4 | 544.1 | 480.2 |
| Interest expense | 24.2 | 21.4 | 19.2 |
| Other income, net | (21.0) | (12.6) | (7.7) |
| Earnings before income taxes | 492.2 | 535.3 | 468.7 |
| Income taxes | 125.2 | 121.3 | 109.9 |
| Net earnings | $367.0 | $414.0 | $358.8 |
| Weighted average shares – basic | 118.7 | 120.7 | 121.8 |
| Weighted average shares – diluted | 120.4 | 122.6 | 123.6 |
| Net earnings per share – basic | $3.09 | $3.43 | $2.95 |
| Net earnings per share – diluted | $3.05 | $3.38 | $2.90 |
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