vs
Side-by-side financial comparison of DONALDSON Co INC (DCI) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $935.4M, roughly 1.3× DONALDSON Co INC). DONALDSON Co INC runs the higher net margin — 12.2% vs -35.0%, a 47.2% gap on every dollar of revenue. On growth, DONALDSON Co INC posted the faster year-over-year revenue change (3.9% vs -0.7%). DONALDSON Co INC produced more free cash flow last quarter ($111.2M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% 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.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
DCI vs VAC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $935.4M | $1.2B |
| Net Profit | $113.9M | $-431.0M |
| Gross Margin | 35.2% | — |
| Operating Margin | 16.0% | — |
| Net Margin | 12.2% | -35.0% |
| Revenue YoY | 3.9% | -0.7% |
| Net Profit YoY | 15.1% | -962.0% |
| EPS (diluted) | $0.97 | $-12.00 |
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 | $1.2B | ||
| Q3 25 | $980.7M | $1.2B | ||
| Q2 25 | $940.1M | $1.2B | ||
| Q1 25 | $870.0M | $1.1B | ||
| Q4 24 | $900.1M | $1.2B | ||
| Q3 24 | $935.4M | $1.2B | ||
| Q2 24 | $927.9M | $1.1B | ||
| Q1 24 | $876.7M | $1.1B |
| Q4 25 | $113.9M | $-431.0M | ||
| Q3 25 | $114.3M | $-2.0M | ||
| Q2 25 | $57.8M | $69.0M | ||
| Q1 25 | $95.9M | $56.0M | ||
| Q4 24 | $99.0M | $50.0M | ||
| Q3 24 | $109.7M | $84.0M | ||
| Q2 24 | $113.5M | $37.0M | ||
| Q1 24 | $98.7M | $47.0M |
| 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 24 | 35.2% | — |
| 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 24 | 14.8% | — |
| Q4 25 | 12.2% | -35.0% | ||
| Q3 25 | 11.7% | -0.2% | ||
| Q2 25 | 6.1% | 6.0% | ||
| Q1 25 | 11.0% | 5.0% | ||
| Q4 24 | 11.0% | 4.0% | ||
| Q3 24 | 11.7% | 6.9% | ||
| Q2 24 | 12.2% | 3.5% | ||
| Q1 24 | 11.3% | 4.2% |
| Q4 25 | $0.97 | $-12.00 | ||
| Q3 25 | $0.97 | $-0.07 | ||
| Q2 25 | $0.48 | $1.77 | ||
| Q1 25 | $0.79 | $1.46 | ||
| Q4 24 | $0.81 | $1.29 | ||
| Q3 24 | $0.90 | $2.12 | ||
| Q2 24 | $0.92 | $0.98 | ||
| Q1 24 | $0.81 | $1.22 |
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 | $406.0M |
| Total DebtLower is stronger | $671.5M | — |
| Stockholders' EquityBook value | $1.5B | $2.0B |
| Total Assets | $3.0B | $9.8B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.7M | $406.0M | ||
| Q3 25 | $180.4M | $474.0M | ||
| Q2 25 | $178.5M | $205.0M | ||
| Q1 25 | $189.1M | $196.0M | ||
| Q4 24 | $221.2M | $197.0M | ||
| Q3 24 | $232.7M | $197.0M | ||
| Q2 24 | $223.7M | $206.0M | ||
| Q1 24 | $193.8M | $237.0M |
| 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 | $2.0B | ||
| Q3 25 | $1.5B | $2.5B | ||
| Q2 25 | $1.5B | $2.5B | ||
| Q1 25 | $1.5B | $2.4B | ||
| Q4 24 | $1.5B | $2.4B | ||
| Q3 24 | $1.5B | $2.4B | ||
| Q2 24 | $1.5B | $2.4B | ||
| Q1 24 | $1.4B | $2.4B |
| Q4 25 | $3.0B | $9.8B | ||
| Q3 25 | $3.0B | $10.1B | ||
| Q2 25 | $3.0B | $9.9B | ||
| Q1 25 | $3.0B | $9.9B | ||
| Q4 24 | $3.0B | $9.8B | ||
| Q3 24 | $2.9B | $9.7B | ||
| Q2 24 | $2.9B | $9.6B | ||
| Q1 24 | $2.8B | $9.9B |
| 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 | $6.0M |
| Free Cash FlowOCF − Capex | $111.2M | $-6.0M |
| FCF MarginFCF / Revenue | 11.9% | -0.5% |
| Capex IntensityCapex / Revenue | 1.5% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $403.2M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.4M | $6.0M | ||
| Q3 25 | $167.8M | $62.0M | ||
| Q2 25 | $87.7M | $-48.0M | ||
| Q1 25 | $90.4M | $8.0M | ||
| Q4 24 | $72.9M | $100.0M | ||
| Q3 24 | $126.0M | $72.0M | ||
| Q2 24 | $141.5M | $30.0M | ||
| Q1 24 | $87.0M | $3.0M |
| Q4 25 | $111.2M | $-6.0M | ||
| Q3 25 | $147.5M | $51.0M | ||
| Q2 25 | $73.0M | $-68.0M | ||
| Q1 25 | $71.5M | $-6.0M | ||
| Q4 24 | $47.9M | $86.0M | ||
| Q3 24 | $106.2M | $58.0M | ||
| Q2 24 | $120.2M | $17.0M | ||
| Q1 24 | $65.7M | $-13.0M |
| Q4 25 | 11.9% | -0.5% | ||
| Q3 25 | 15.0% | 4.3% | ||
| Q2 25 | 7.8% | -5.9% | ||
| Q1 25 | 8.2% | -0.5% | ||
| Q4 24 | 5.3% | 6.9% | ||
| Q3 24 | 11.4% | 4.8% | ||
| Q2 24 | 13.0% | 1.6% | ||
| Q1 24 | 7.5% | -1.2% |
| Q4 25 | 1.5% | 1.0% | ||
| Q3 25 | 2.1% | 0.9% | ||
| Q2 25 | 1.6% | 1.7% | ||
| Q1 25 | 2.2% | 1.3% | ||
| Q4 24 | 2.8% | 1.1% | ||
| Q3 24 | 2.1% | 1.1% | ||
| Q2 24 | 2.3% | 1.2% | ||
| Q1 24 | 2.4% | 1.4% |
| Q4 25 | 1.10× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 1.52× | -0.70× | ||
| Q1 25 | 0.94× | 0.14× | ||
| Q4 24 | 0.74× | 2.00× | ||
| Q3 24 | 1.15× | 0.86× | ||
| Q2 24 | 1.25× | 0.81× | ||
| Q1 24 | 0.88× | 0.06× |
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% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
