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Side-by-side financial comparison of DONALDSON Co INC (DCI) and Dynatrace, Inc. (DT). Click either name above to swap in a different company.
DONALDSON Co INC is the larger business by last-quarter revenue ($935.4M vs $515.5M, roughly 1.8× Dynatrace, Inc.). DONALDSON Co INC runs the higher net margin — 12.2% vs 7.8%, a 4.4% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs 3.9%). DONALDSON Co INC produced more free cash flow last quarter ($111.2M vs $27.2M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs 3.3%).
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.
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.
DCI vs DT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $935.4M | $515.5M |
| Net Profit | $113.9M | $40.1M |
| Gross Margin | 35.2% | 81.4% |
| Operating Margin | 16.0% | 14.1% |
| Net Margin | 12.2% | 7.8% |
| Revenue YoY | 3.9% | 18.2% |
| Net Profit YoY | 15.1% | -88.9% |
| EPS (diluted) | $0.97 | $0.13 |
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 | $935.4M | $515.5M | ||
| Q3 25 | $980.7M | $493.8M | ||
| Q2 25 | $940.1M | $477.3M | ||
| Q1 25 | $870.0M | $445.2M | ||
| Q4 24 | $900.1M | $436.2M | ||
| Q3 24 | $935.4M | $418.1M | ||
| Q2 24 | $927.9M | $399.2M | ||
| Q1 24 | $876.7M | $380.8M |
| Q4 25 | $113.9M | $40.1M | ||
| Q3 25 | $114.3M | $57.2M | ||
| Q2 25 | $57.8M | $48.0M | ||
| Q1 25 | $95.9M | $39.3M | ||
| Q4 24 | $99.0M | $361.8M | ||
| Q3 24 | $109.7M | $44.0M | ||
| Q2 24 | $113.5M | $38.6M | ||
| Q1 24 | $98.7M | $37.9M |
| Q4 25 | 35.2% | 81.4% | ||
| Q3 25 | 34.5% | 81.8% | ||
| Q2 25 | 34.2% | 82.1% | ||
| Q1 25 | 35.2% | 80.9% | ||
| Q4 24 | 35.5% | 81.1% | ||
| Q3 24 | 35.8% | 81.4% | ||
| Q2 24 | 35.6% | 81.3% | ||
| Q1 24 | 35.2% | 81.1% |
| Q4 25 | 16.0% | 14.1% | ||
| Q3 25 | 15.5% | 14.8% | ||
| Q2 25 | 9.3% | 13.1% | ||
| Q1 25 | 14.4% | 9.6% | ||
| Q4 24 | 14.5% | 10.9% | ||
| Q3 24 | 15.6% | 11.2% | ||
| Q2 24 | 15.5% | 10.5% | ||
| Q1 24 | 14.8% | 6.1% |
| Q4 25 | 12.2% | 7.8% | ||
| Q3 25 | 11.7% | 11.6% | ||
| Q2 25 | 6.1% | 10.0% | ||
| Q1 25 | 11.0% | 8.8% | ||
| Q4 24 | 11.0% | 82.9% | ||
| Q3 24 | 11.7% | 10.5% | ||
| Q2 24 | 12.2% | 9.7% | ||
| Q1 24 | 11.3% | 10.0% |
| Q4 25 | $0.97 | $0.13 | ||
| Q3 25 | $0.97 | $0.19 | ||
| Q2 25 | $0.48 | $0.16 | ||
| Q1 25 | $0.79 | $0.12 | ||
| Q4 24 | $0.81 | $1.19 | ||
| Q3 24 | $0.90 | $0.15 | ||
| Q2 24 | $0.92 | $0.13 | ||
| Q1 24 | $0.81 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.7M | $1.2B |
| Total DebtLower is stronger | $671.5M | — |
| Stockholders' EquityBook value | $1.5B | $2.7B |
| Total Assets | $3.0B | $4.1B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.7M | $1.2B | ||
| Q3 25 | $180.4M | $1.3B | ||
| Q2 25 | $178.5M | $1.3B | ||
| Q1 25 | $189.1M | $1.1B | ||
| Q4 24 | $221.2M | $1.0B | ||
| Q3 24 | $232.7M | $1.0B | ||
| Q2 24 | $223.7M | $1.0B | ||
| Q1 24 | $193.8M | $836.9M |
| 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 | $1.5B | $2.7B | ||
| Q3 25 | $1.5B | $2.8B | ||
| Q2 25 | $1.5B | $2.7B | ||
| Q1 25 | $1.5B | $2.6B | ||
| Q4 24 | $1.5B | $2.6B | ||
| Q3 24 | $1.5B | $2.1B | ||
| Q2 24 | $1.5B | $2.1B | ||
| Q1 24 | $1.4B | $2.0B |
| Q4 25 | $3.0B | $4.1B | ||
| Q3 25 | $3.0B | $4.1B | ||
| Q2 25 | $3.0B | $4.1B | ||
| Q1 25 | $3.0B | $4.1B | ||
| Q4 24 | $3.0B | $3.7B | ||
| Q3 24 | $2.9B | $3.3B | ||
| Q2 24 | $2.9B | $3.3B | ||
| Q1 24 | $2.8B | $3.4B |
| 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 | $125.4M | $33.8M |
| Free Cash FlowOCF − Capex | $111.2M | $27.2M |
| FCF MarginFCF / Revenue | 11.9% | 5.3% |
| Capex IntensityCapex / Revenue | 1.5% | 1.3% |
| Cash ConversionOCF / Net Profit | 1.10× | 0.84× |
| TTM Free Cash FlowTrailing 4 quarters | $403.2M | $465.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.4M | $33.8M | ||
| Q3 25 | $167.8M | $32.0M | ||
| Q2 25 | $87.7M | $269.7M | ||
| Q1 25 | $90.4M | $162.8M | ||
| Q4 24 | $72.9M | $42.2M | ||
| Q3 24 | $126.0M | $23.6M | ||
| Q2 24 | $141.5M | $230.7M | ||
| Q1 24 | $87.0M | $131.7M |
| Q4 25 | $111.2M | $27.2M | ||
| Q3 25 | $147.5M | $27.8M | ||
| Q2 25 | $73.0M | $262.2M | ||
| Q1 25 | $71.5M | $148.2M | ||
| Q4 24 | $47.9M | $37.6M | ||
| Q3 24 | $106.2M | $20.1M | ||
| Q2 24 | $120.2M | $227.4M | ||
| Q1 24 | $65.7M | $121.9M |
| Q4 25 | 11.9% | 5.3% | ||
| Q3 25 | 15.0% | 5.6% | ||
| Q2 25 | 7.8% | 54.9% | ||
| Q1 25 | 8.2% | 33.3% | ||
| Q4 24 | 5.3% | 8.6% | ||
| Q3 24 | 11.4% | 4.8% | ||
| Q2 24 | 13.0% | 57.0% | ||
| Q1 24 | 7.5% | 32.0% |
| Q4 25 | 1.5% | 1.3% | ||
| Q3 25 | 2.1% | 0.8% | ||
| Q2 25 | 1.6% | 1.6% | ||
| Q1 25 | 2.2% | 3.3% | ||
| Q4 24 | 2.8% | 1.1% | ||
| Q3 24 | 2.1% | 0.8% | ||
| Q2 24 | 2.3% | 0.8% | ||
| Q1 24 | 2.4% | 2.6% |
| Q4 25 | 1.10× | 0.84× | ||
| Q3 25 | 1.47× | 0.56× | ||
| Q2 25 | 1.52× | 5.62× | ||
| Q1 25 | 0.94× | 4.14× | ||
| Q4 24 | 0.74× | 0.12× | ||
| Q3 24 | 1.15× | 0.54× | ||
| Q2 24 | 1.25× | 5.97× | ||
| Q1 24 | 0.88× | 3.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
