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Side-by-side financial comparison of DONALDSON Co INC (DCI) and Lineage, Inc. (LINE). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $935.4M, roughly 1.5× DONALDSON Co INC). DONALDSON Co INC runs the higher net margin — 12.2% vs -7.3%, a 19.4% gap on every dollar of revenue. On growth, DONALDSON Co INC posted the faster year-over-year revenue change (3.9% vs 3.1%). DONALDSON Co INC produced more free cash flow last quarter ($111.2M vs $35.0M).
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.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
DCI vs LINE — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $935.4M | $1.4B |
| Net Profit | $113.9M | $-100.0M |
| Gross Margin | 35.2% | 32.3% |
| Operating Margin | 16.0% | 2.5% |
| Net Margin | 12.2% | -7.3% |
| Revenue YoY | 3.9% | 3.1% |
| Net Profit YoY | 15.1% | 79.4% |
| EPS (diluted) | $0.97 | $-0.44 |
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 | — | ||
| Q3 25 | $980.7M | $1.4B | ||
| Q2 25 | $940.1M | $1.4B | ||
| Q1 25 | $870.0M | $1.3B | ||
| Q4 24 | $900.1M | $1.3B | ||
| Q3 24 | $935.4M | $1.3B | ||
| Q2 24 | $927.9M | $1.3B | ||
| Q1 24 | $876.7M | $1.3B |
| Q4 25 | $113.9M | — | ||
| Q3 25 | $114.3M | $-100.0M | ||
| Q2 25 | $57.8M | $-6.0M | ||
| Q1 25 | $95.9M | $0 | ||
| Q4 24 | $99.0M | $-71.0M | ||
| Q3 24 | $109.7M | $-485.0M | ||
| Q2 24 | $113.5M | $-68.0M | ||
| Q1 24 | $98.7M | $-40.0M |
| Q4 25 | 35.2% | — | ||
| Q3 25 | 34.5% | 32.3% | ||
| Q2 25 | 34.2% | 31.9% | ||
| Q1 25 | 35.2% | 32.2% | ||
| Q4 24 | 35.5% | 32.3% | ||
| Q3 24 | 35.8% | 32.8% | ||
| Q2 24 | 35.6% | 33.4% | ||
| Q1 24 | 35.2% | 33.4% |
| Q4 25 | 16.0% | — | ||
| Q3 25 | 15.5% | 2.5% | ||
| Q2 25 | 9.3% | 1.7% | ||
| Q1 25 | 14.4% | 4.3% | ||
| Q4 24 | 14.5% | -1.6% | ||
| Q3 24 | 15.6% | -38.6% | ||
| Q2 24 | 15.5% | 5.5% | ||
| Q1 24 | 14.8% | 7.6% |
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.7% | -7.3% | ||
| Q2 25 | 6.1% | -0.4% | ||
| Q1 25 | 11.0% | — | ||
| Q4 24 | 11.0% | -5.3% | ||
| Q3 24 | 11.7% | -36.3% | ||
| Q2 24 | 12.2% | -5.1% | ||
| Q1 24 | 11.3% | -3.0% |
| Q4 25 | $0.97 | — | ||
| Q3 25 | $0.97 | $-0.44 | ||
| Q2 25 | $0.48 | $-0.03 | ||
| Q1 25 | $0.79 | $0.01 | ||
| Q4 24 | $0.81 | $-0.52 | ||
| Q3 24 | $0.90 | $-2.44 | ||
| Q2 24 | $0.92 | $-0.46 | ||
| Q1 24 | $0.81 | $-0.28 |
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 | — |
| Total DebtLower is stronger | $671.5M | — |
| Stockholders' EquityBook value | $1.5B | $8.4B |
| Total Assets | $3.0B | $19.2B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.7M | — | ||
| Q3 25 | $180.4M | — | ||
| Q2 25 | $178.5M | — | ||
| Q1 25 | $189.1M | — | ||
| Q4 24 | $221.2M | $173.0M | ||
| Q3 24 | $232.7M | $409.0M | ||
| Q2 24 | $223.7M | $73.0M | ||
| Q1 24 | $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 | $1.5B | — | ||
| Q3 25 | $1.5B | $8.4B | ||
| Q2 25 | $1.5B | $8.6B | ||
| Q1 25 | $1.5B | $8.6B | ||
| Q4 24 | $1.5B | $8.6B | ||
| Q3 24 | $1.5B | $9.0B | ||
| Q2 24 | $1.5B | $4.9B | ||
| Q1 24 | $1.4B | $5.6B |
| Q4 25 | $3.0B | — | ||
| Q3 25 | $3.0B | $19.2B | ||
| Q2 25 | $3.0B | $19.4B | ||
| Q1 25 | $3.0B | $18.8B | ||
| Q4 24 | $3.0B | $18.7B | ||
| Q3 24 | $2.9B | $19.3B | ||
| Q2 24 | $2.9B | $18.8B | ||
| Q1 24 | $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 | $125.4M | $230.0M |
| Free Cash FlowOCF − Capex | $111.2M | $35.0M |
| FCF MarginFCF / Revenue | 11.9% | 2.5% |
| Capex IntensityCapex / Revenue | 1.5% | 14.2% |
| Cash ConversionOCF / Net Profit | 1.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $403.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.4M | — | ||
| Q3 25 | $167.8M | $230.0M | ||
| Q2 25 | $87.7M | $258.0M | ||
| Q1 25 | $90.4M | $139.0M | ||
| Q4 24 | $72.9M | — | ||
| Q3 24 | $126.0M | $186.0M | ||
| Q2 24 | $141.5M | $155.0M | ||
| Q1 24 | $87.0M | $105.0M |
| Q4 25 | $111.2M | — | ||
| Q3 25 | $147.5M | $35.0M | ||
| Q2 25 | $73.0M | $95.0M | ||
| Q1 25 | $71.5M | $-12.0M | ||
| Q4 24 | $47.9M | — | ||
| Q3 24 | $106.2M | $33.0M | ||
| Q2 24 | $120.2M | $-31.0M | ||
| Q1 24 | $65.7M | $-42.0M |
| Q4 25 | 11.9% | — | ||
| Q3 25 | 15.0% | 2.5% | ||
| Q2 25 | 7.8% | 7.0% | ||
| Q1 25 | 8.2% | -0.9% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 11.4% | 2.5% | ||
| Q2 24 | 13.0% | -2.3% | ||
| Q1 24 | 7.5% | -3.2% |
| Q4 25 | 1.5% | — | ||
| Q3 25 | 2.1% | 14.2% | ||
| Q2 25 | 1.6% | 12.1% | ||
| Q1 25 | 2.2% | 11.7% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 2.1% | 11.5% | ||
| Q2 24 | 2.3% | 13.9% | ||
| Q1 24 | 2.4% | 11.1% |
| Q4 25 | 1.10× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 1.15× | — | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 0.88× | — |
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% |
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
