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Side-by-side financial comparison of CALERES INC (CAL) 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 $790.1M, roughly 1.2× CALERES INC). DONALDSON Co INC runs the higher net margin — 12.2% vs 0.3%, a 11.9% gap on every dollar of revenue. On growth, CALERES INC posted the faster year-over-year revenue change (6.6% vs 3.9%). DONALDSON Co INC produced more free cash flow last quarter ($111.2M vs $-12.4M). Over the past eight quarters, CALERES INC's revenue compounded faster (6.5% CAGR vs 3.3%).
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.
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.
CAL vs DCI — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $790.1M | $935.4M |
| Net Profit | $2.4M | $113.9M |
| Gross Margin | 41.8% | 35.2% |
| Operating Margin | 1.5% | 16.0% |
| Net Margin | 0.3% | 12.2% |
| Revenue YoY | 6.6% | 3.9% |
| Net Profit YoY | -94.2% | 15.1% |
| EPS (diluted) | $0.07 | $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.
| Q4 25 | $790.1M | $935.4M | ||
| Q3 25 | $658.5M | $980.7M | ||
| Q2 25 | $614.2M | $940.1M | ||
| Q1 25 | $639.2M | $870.0M | ||
| Q4 24 | $740.9M | $900.1M | ||
| Q3 24 | $683.3M | $935.4M | ||
| Q2 24 | $659.2M | $927.9M | ||
| Q1 24 | $697.1M | $876.7M |
| Q4 25 | $2.4M | $113.9M | ||
| Q3 25 | $6.7M | $114.3M | ||
| Q2 25 | $6.9M | $57.8M | ||
| Q1 25 | $4.9M | $95.9M | ||
| Q4 24 | $41.4M | $99.0M | ||
| Q3 24 | $30.0M | $109.7M | ||
| Q2 24 | $30.9M | $113.5M | ||
| Q1 24 | $55.7M | $98.7M |
| Q4 25 | 41.8% | 35.2% | ||
| Q3 25 | 43.4% | 34.5% | ||
| Q2 25 | 45.4% | 34.2% | ||
| Q1 25 | 43.0% | 35.2% | ||
| Q4 24 | 44.1% | 35.5% | ||
| Q3 24 | 45.5% | 35.8% | ||
| Q2 24 | 46.9% | 35.6% | ||
| Q1 24 | 43.9% | 35.2% |
| Q4 25 | 1.5% | 16.0% | ||
| Q3 25 | 1.4% | 15.5% | ||
| Q2 25 | 1.9% | 9.3% | ||
| Q1 25 | 1.2% | 14.4% | ||
| Q4 24 | 7.7% | 14.5% | ||
| Q3 24 | 6.2% | 15.6% | ||
| Q2 24 | 6.5% | 15.5% | ||
| Q1 24 | 4.4% | 14.8% |
| Q4 25 | 0.3% | 12.2% | ||
| Q3 25 | 1.0% | 11.7% | ||
| Q2 25 | 1.1% | 6.1% | ||
| Q1 25 | 0.8% | 11.0% | ||
| Q4 24 | 5.6% | 11.0% | ||
| Q3 24 | 4.4% | 11.7% | ||
| Q2 24 | 4.7% | 12.2% | ||
| Q1 24 | 8.0% | 11.3% |
| Q4 25 | $0.07 | $0.97 | ||
| Q3 25 | $0.20 | $0.97 | ||
| Q2 25 | $0.21 | $0.48 | ||
| Q1 25 | $0.17 | $0.79 | ||
| Q4 24 | $1.19 | $0.81 | ||
| Q3 24 | $0.85 | $0.90 | ||
| Q2 24 | $0.88 | $0.92 | ||
| Q1 24 | $1.56 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.0M | $210.7M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | $616.8M | $1.5B |
| Total Assets | $2.1B | $3.0B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $210.7M | ||
| Q3 25 | $191.5M | $180.4M | ||
| Q2 25 | $33.1M | $178.5M | ||
| Q1 25 | $29.6M | $189.1M | ||
| Q4 24 | $33.7M | $221.2M | ||
| Q3 24 | $51.8M | $232.7M | ||
| Q2 24 | $30.7M | $223.7M | ||
| Q1 24 | $21.4M | $193.8M |
| 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 24 | — | $352.0M |
| Q4 25 | $616.8M | $1.5B | ||
| Q3 25 | $613.3M | $1.5B | ||
| Q2 25 | $605.2M | $1.5B | ||
| Q1 25 | $599.0M | $1.5B | ||
| Q4 24 | $598.3M | $1.5B | ||
| Q3 24 | $606.1M | $1.5B | ||
| Q2 24 | $570.3M | $1.5B | ||
| Q1 24 | $560.6M | $1.4B |
| Q4 25 | $2.1B | $3.0B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $1.9B | $3.0B | ||
| Q1 25 | $1.9B | $3.0B | ||
| Q4 24 | $2.0B | $3.0B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $1.9B | $2.9B | ||
| Q1 24 | $1.8B | $2.8B |
| 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× | ||
| Q1 24 | — | 0.26× |
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 | $-1.2M | $125.4M |
| Free Cash FlowOCF − Capex | $-12.4M | $111.2M |
| FCF MarginFCF / Revenue | -1.6% | 11.9% |
| Capex IntensityCapex / Revenue | 1.4% | 1.5% |
| Cash ConversionOCF / Net Profit | -0.50× | 1.10× |
| TTM Free Cash FlowTrailing 4 quarters | $14.4M | $403.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $125.4M | ||
| Q3 25 | $47.3M | $167.8M | ||
| Q2 25 | $-5.7M | $87.7M | ||
| Q1 25 | $28.7M | $90.4M | ||
| Q4 24 | $-39.8M | $72.9M | ||
| Q3 24 | $79.6M | $126.0M | ||
| Q2 24 | $36.1M | $141.5M | ||
| Q1 24 | $43.0M | $87.0M |
| Q4 25 | $-12.4M | $111.2M | ||
| Q3 25 | $35.0M | $147.5M | ||
| Q2 25 | $-26.2M | $73.0M | ||
| Q1 25 | $18.0M | $71.5M | ||
| Q4 24 | $-57.4M | $47.9M | ||
| Q3 24 | $68.5M | $106.2M | ||
| Q2 24 | $26.3M | $120.2M | ||
| Q1 24 | $32.4M | $65.7M |
| Q4 25 | -1.6% | 11.9% | ||
| Q3 25 | 5.3% | 15.0% | ||
| Q2 25 | -4.3% | 7.8% | ||
| Q1 25 | 2.8% | 8.2% | ||
| Q4 24 | -7.7% | 5.3% | ||
| Q3 24 | 10.0% | 11.4% | ||
| Q2 24 | 4.0% | 13.0% | ||
| Q1 24 | 4.6% | 7.5% |
| Q4 25 | 1.4% | 1.5% | ||
| Q3 25 | 1.9% | 2.1% | ||
| Q2 25 | 3.3% | 1.6% | ||
| Q1 25 | 1.7% | 2.2% | ||
| Q4 24 | 2.4% | 2.8% | ||
| Q3 24 | 1.6% | 2.1% | ||
| Q2 24 | 1.5% | 2.3% | ||
| Q1 24 | 1.5% | 2.4% |
| Q4 25 | -0.50× | 1.10× | ||
| Q3 25 | 7.05× | 1.47× | ||
| Q2 25 | -0.81× | 1.52× | ||
| Q1 25 | 5.82× | 0.94× | ||
| Q4 24 | -0.96× | 0.74× | ||
| Q3 24 | 2.66× | 1.15× | ||
| Q2 24 | 1.17× | 1.25× | ||
| Q1 24 | 0.77× | 0.88× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
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% |
