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Side-by-side financial comparison of BXP, Inc. (BXP) and DONALDSON Co INC (DCI). Click either name above to swap in a different company.
DONALDSON Co INC is the larger business by last-quarter revenue ($935.4M vs $872.1M, roughly 1.1× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 12.2%, a 3.1% gap on every dollar of revenue. On growth, DONALDSON Co INC posted the faster year-over-year revenue change (3.9% vs 0.8%). Over the past eight quarters, DONALDSON Co INC's revenue compounded faster (3.3% CAGR vs 1.3%).
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals. Also the company's research division, located in Minneapolis, Minn., participated in defense-related projects for various military applications.
BXP vs DCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $935.4M |
| Net Profit | $133.0M | $113.9M |
| Gross Margin | — | 35.2% |
| Operating Margin | — | 16.0% |
| Net Margin | 15.3% | 12.2% |
| Revenue YoY | 0.8% | 3.9% |
| Net Profit YoY | 53.0% | 15.1% |
| EPS (diluted) | $1.69 | $0.97 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $935.4M | ||
| Q3 25 | $871.5M | $980.7M | ||
| Q2 25 | $868.5M | $940.1M | ||
| Q1 25 | $865.2M | $870.0M | ||
| Q4 24 | $858.6M | $900.1M | ||
| Q3 24 | $859.2M | $935.4M | ||
| Q2 24 | $850.5M | $927.9M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $113.9M | ||
| Q3 25 | $-121.7M | $114.3M | ||
| Q2 25 | $89.0M | $57.8M | ||
| Q1 25 | $61.2M | $95.9M | ||
| Q4 24 | $-228.9M | $99.0M | ||
| Q3 24 | $83.6M | $109.7M | ||
| Q2 24 | $79.6M | $113.5M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 35.2% | ||
| Q3 25 | 59.3% | 34.5% | ||
| Q2 25 | 59.2% | 34.2% | ||
| Q1 25 | 59.2% | 35.2% | ||
| Q4 24 | 59.7% | 35.5% | ||
| Q3 24 | 59.5% | 35.8% | ||
| Q2 24 | 59.8% | 35.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 16.0% | ||
| Q3 25 | — | 15.5% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 15.5% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 12.2% | ||
| Q3 25 | -14.0% | 11.7% | ||
| Q2 25 | 10.2% | 6.1% | ||
| Q1 25 | 7.1% | 11.0% | ||
| Q4 24 | -26.7% | 11.0% | ||
| Q3 24 | 9.7% | 11.7% | ||
| Q2 24 | 9.4% | 12.2% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.97 | ||
| Q3 25 | $-0.77 | $0.97 | ||
| Q2 25 | $0.56 | $0.48 | ||
| Q1 25 | $0.39 | $0.79 | ||
| Q4 24 | $-1.46 | $0.81 | ||
| Q3 24 | $0.53 | $0.90 | ||
| Q2 24 | $0.51 | $0.92 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.8M | $210.7M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | $7.7B | $1.5B |
| Total Assets | $25.1B | $3.0B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $210.7M | ||
| Q3 25 | $861.1M | $180.4M | ||
| Q2 25 | $447.0M | $178.5M | ||
| Q1 25 | $398.1M | $189.1M | ||
| Q4 24 | $1.3B | $221.2M | ||
| Q3 24 | $1.4B | $232.7M | ||
| Q2 24 | $685.4M | $223.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $671.5M | ||
| Q3 25 | — | $630.4M | ||
| Q2 25 | — | $638.8M | ||
| Q1 25 | — | $514.7M | ||
| Q4 24 | — | $538.6M | ||
| Q3 24 | — | $483.4M | ||
| Q2 24 | — | $481.8M |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.5B | ||
| Q3 25 | $5.0B | $1.5B | ||
| Q2 25 | $5.3B | $1.5B | ||
| Q1 25 | $5.3B | $1.5B | ||
| Q4 24 | $5.4B | $1.5B | ||
| Q3 24 | $5.8B | $1.5B | ||
| Q2 24 | $5.8B | $1.5B |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.0B | ||
| Q3 25 | $26.0B | $3.0B | ||
| Q2 25 | $25.6B | $3.0B | ||
| Q1 25 | $25.4B | $3.0B | ||
| Q4 24 | $26.1B | $3.0B | ||
| Q3 24 | $26.4B | $2.9B | ||
| Q2 24 | $25.5B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.32× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $125.4M |
| Free Cash FlowOCF − Capex | — | $111.2M |
| FCF MarginFCF / Revenue | — | 11.9% |
| Capex IntensityCapex / Revenue | 1.5% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $403.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $125.4M | ||
| Q3 25 | $274.2M | $167.8M | ||
| Q2 25 | $353.1M | $87.7M | ||
| Q1 25 | $210.0M | $90.4M | ||
| Q4 24 | $383.7M | $72.9M | ||
| Q3 24 | $286.1M | $126.0M | ||
| Q2 24 | $367.1M | $141.5M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $111.2M | ||
| Q3 25 | $231.6M | $147.5M | ||
| Q2 25 | $281.5M | $73.0M | ||
| Q1 25 | $152.6M | $71.5M | ||
| Q4 24 | $312.5M | $47.9M | ||
| Q3 24 | $234.5M | $106.2M | ||
| Q2 24 | $332.4M | $120.2M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 11.9% | ||
| Q3 25 | 26.6% | 15.0% | ||
| Q2 25 | 32.4% | 7.8% | ||
| Q1 25 | 17.6% | 8.2% | ||
| Q4 24 | 36.4% | 5.3% | ||
| Q3 24 | 27.3% | 11.4% | ||
| Q2 24 | 39.1% | 13.0% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.5% | ||
| Q3 25 | 4.9% | 2.1% | ||
| Q2 25 | 8.2% | 1.6% | ||
| Q1 25 | 6.6% | 2.2% | ||
| Q4 24 | 8.3% | 2.8% | ||
| Q3 24 | 6.0% | 2.1% | ||
| Q2 24 | 4.1% | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.10× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 3.97× | 1.52× | ||
| Q1 25 | 3.43× | 0.94× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | 3.42× | 1.15× | ||
| Q2 24 | 4.61× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
DCI
| Aftermarket Products | $447.1M | 48% |
| Industrial Filtration Solutions Products | $222.6M | 24% |
| Off Road Products | $86.5M | 9% |
| Life Sciences Segment | $80.0M | 9% |
| Other | $39.1M | 4% |
| Aerospace And Defense Products | $37.1M | 4% |
| On Road Products | $23.0M | 2% |
