vs
Side-by-side financial comparison of DONALDSON Co INC (DCI) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
DONALDSON Co INC is the larger business by last-quarter revenue ($935.4M vs $661.7M, roughly 1.4× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 12.2%, a 22.0% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% 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.
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
DCI vs SSB — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $935.4M | $661.7M |
| Net Profit | $113.9M | $225.8M |
| Gross Margin | 35.2% | — |
| Operating Margin | 16.0% | 15.1% |
| Net Margin | 12.2% | 34.1% |
| Revenue YoY | 3.9% | — |
| Net Profit YoY | 15.1% | 153.5% |
| EPS (diluted) | $0.97 | $2.28 |
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 | — | $661.7M | ||
| Q4 25 | $935.4M | $581.1M | ||
| Q3 25 | $980.7M | $599.7M | ||
| Q2 25 | $940.1M | $577.9M | ||
| Q1 25 | $870.0M | $544.5M | ||
| Q4 24 | $900.1M | $369.8M | ||
| Q3 24 | $935.4M | $351.5M | ||
| Q2 24 | $927.9M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $113.9M | $247.7M | ||
| Q3 25 | $114.3M | $246.6M | ||
| Q2 25 | $57.8M | $215.2M | ||
| Q1 25 | $95.9M | $89.1M | ||
| Q4 24 | $99.0M | $144.2M | ||
| Q3 24 | $109.7M | $143.2M | ||
| Q2 24 | $113.5M | $132.4M |
| Q1 26 | — | — | ||
| Q4 25 | 35.2% | — | ||
| Q3 25 | 34.5% | — | ||
| Q2 25 | 34.2% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 35.5% | — | ||
| Q3 24 | 35.8% | — | ||
| Q2 24 | 35.6% | — |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 16.0% | 54.3% | ||
| Q3 25 | 15.5% | 53.6% | ||
| Q2 25 | 9.3% | 48.8% | ||
| Q1 25 | 14.4% | 22.3% | ||
| Q4 24 | 14.5% | 50.7% | ||
| Q3 24 | 15.6% | 53.1% | ||
| Q2 24 | 15.5% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 12.2% | 42.6% | ||
| Q3 25 | 11.7% | 41.1% | ||
| Q2 25 | 6.1% | 37.2% | ||
| Q1 25 | 11.0% | 16.4% | ||
| Q4 24 | 11.0% | 39.0% | ||
| Q3 24 | 11.7% | 40.7% | ||
| Q2 24 | 12.2% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.97 | $2.47 | ||
| Q3 25 | $0.97 | $2.42 | ||
| Q2 25 | $0.48 | $2.11 | ||
| Q1 25 | $0.79 | $0.87 | ||
| Q4 24 | $0.81 | $1.88 | ||
| Q3 24 | $0.90 | $1.86 | ||
| Q2 24 | $0.92 | $1.73 |
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 | $2.9B |
| Total DebtLower is stronger | $671.5M | — |
| Stockholders' EquityBook value | $1.5B | $9.0B |
| Total Assets | $3.0B | $68.0B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $210.7M | — | ||
| Q3 25 | $180.4M | — | ||
| Q2 25 | $178.5M | — | ||
| Q1 25 | $189.1M | — | ||
| Q4 24 | $221.2M | — | ||
| Q3 24 | $232.7M | — | ||
| Q2 24 | $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 | — | $9.0B | ||
| Q4 25 | $1.5B | $9.1B | ||
| Q3 25 | $1.5B | $9.0B | ||
| Q2 25 | $1.5B | $8.8B | ||
| Q1 25 | $1.5B | $8.6B | ||
| Q4 24 | $1.5B | $5.9B | ||
| Q3 24 | $1.5B | $5.9B | ||
| Q2 24 | $1.5B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $3.0B | $67.2B | ||
| Q3 25 | $3.0B | $66.0B | ||
| Q2 25 | $3.0B | $65.9B | ||
| Q1 25 | $3.0B | $65.1B | ||
| Q4 24 | $3.0B | $46.4B | ||
| Q3 24 | $2.9B | $46.1B | ||
| Q2 24 | $2.9B | $45.5B |
| 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% | — |
| 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 | $125.4M | $232.1M | ||
| Q3 25 | $167.8M | $122.4M | ||
| Q2 25 | $87.7M | $72.6M | ||
| Q1 25 | $90.4M | $-126.3M | ||
| Q4 24 | $72.9M | $354.3M | ||
| Q3 24 | $126.0M | $-246.8M | ||
| Q2 24 | $141.5M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $111.2M | $215.5M | ||
| Q3 25 | $147.5M | $101.7M | ||
| Q2 25 | $73.0M | $52.5M | ||
| Q1 25 | $71.5M | $-139.1M | ||
| Q4 24 | $47.9M | $340.9M | ||
| Q3 24 | $106.2M | $-254.2M | ||
| Q2 24 | $120.2M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | 11.9% | 37.1% | ||
| Q3 25 | 15.0% | 17.0% | ||
| Q2 25 | 7.8% | 9.1% | ||
| Q1 25 | 8.2% | -25.5% | ||
| Q4 24 | 5.3% | 92.2% | ||
| Q3 24 | 11.4% | -72.3% | ||
| Q2 24 | 13.0% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 2.9% | ||
| Q3 25 | 2.1% | 3.5% | ||
| Q2 25 | 1.6% | 3.5% | ||
| Q1 25 | 2.2% | 2.4% | ||
| Q4 24 | 2.8% | 3.6% | ||
| Q3 24 | 2.1% | 2.1% | ||
| Q2 24 | 2.3% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | 0.94× | ||
| Q3 25 | 1.47× | 0.50× | ||
| Q2 25 | 1.52× | 0.34× | ||
| Q1 25 | 0.94× | -1.42× | ||
| Q4 24 | 0.74× | 2.46× | ||
| Q3 24 | 1.15× | -1.72× | ||
| Q2 24 | 1.25× | 0.96× |
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% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
