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Side-by-side financial comparison of DONALDSON Co INC (DCI) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
DONALDSON Co INC is the larger business by last-quarter revenue ($935.4M vs $891.0M, roughly 1.0× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 12.2%, a 17.3% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 3.9%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $111.2M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
DCI vs ZION — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $935.4M | $891.0M |
| Net Profit | $113.9M | $263.0M |
| Gross Margin | 35.2% | — |
| Operating Margin | 16.0% | — |
| Net Margin | 12.2% | 29.5% |
| Revenue YoY | 3.9% | 8.7% |
| Net Profit YoY | 15.1% | 21.8% |
| EPS (diluted) | $0.97 | $1.77 |
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 | $891.0M | ||
| Q3 25 | $980.7M | $861.0M | ||
| Q2 25 | $940.1M | $838.0M | ||
| Q1 25 | $870.0M | $795.0M | ||
| Q4 24 | $900.1M | $820.0M | ||
| Q3 24 | $935.4M | $792.0M | ||
| Q2 24 | $927.9M | $777.0M | ||
| Q1 24 | $876.7M | $742.0M |
| Q4 25 | $113.9M | $263.0M | ||
| Q3 25 | $114.3M | $222.0M | ||
| Q2 25 | $57.8M | $244.0M | ||
| Q1 25 | $95.9M | $170.0M | ||
| Q4 24 | $99.0M | $216.0M | ||
| Q3 24 | $109.7M | $214.0M | ||
| Q2 24 | $113.5M | $201.0M | ||
| Q1 24 | $98.7M | $153.0M |
| 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% | 29.5% | ||
| Q3 25 | 11.7% | 25.8% | ||
| Q2 25 | 6.1% | 29.1% | ||
| Q1 25 | 11.0% | 21.4% | ||
| Q4 24 | 11.0% | 26.3% | ||
| Q3 24 | 11.7% | 27.0% | ||
| Q2 24 | 12.2% | 25.9% | ||
| Q1 24 | 11.3% | 20.6% |
| Q4 25 | $0.97 | $1.77 | ||
| Q3 25 | $0.97 | $1.48 | ||
| Q2 25 | $0.48 | $1.63 | ||
| Q1 25 | $0.79 | $1.13 | ||
| Q4 24 | $0.81 | $1.34 | ||
| Q3 24 | $0.90 | $1.37 | ||
| Q2 24 | $0.92 | $1.28 | ||
| Q1 24 | $0.81 | $0.96 |
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 | $1.5B |
| Stockholders' EquityBook value | $1.5B | $7.2B |
| Total Assets | $3.0B | $89.0B |
| Debt / EquityLower = less leverage | 0.44× | 0.21× |
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 | — | ||
| Q3 24 | $232.7M | — | ||
| Q2 24 | $223.7M | — | ||
| Q1 24 | $193.8M | — |
| Q4 25 | $671.5M | $1.5B | ||
| Q3 25 | $630.4M | $1.5B | ||
| Q2 25 | $638.8M | $970.0M | ||
| Q1 25 | $514.7M | $964.0M | ||
| Q4 24 | $538.6M | $950.0M | ||
| Q3 24 | $483.4M | $548.0M | ||
| Q2 24 | $481.8M | $546.0M | ||
| Q1 24 | $352.0M | $544.0M |
| Q4 25 | $1.5B | $7.2B | ||
| Q3 25 | $1.5B | $6.9B | ||
| Q2 25 | $1.5B | $6.6B | ||
| Q1 25 | $1.5B | $6.3B | ||
| Q4 24 | $1.5B | $6.1B | ||
| Q3 24 | $1.5B | $6.4B | ||
| Q2 24 | $1.5B | $6.0B | ||
| Q1 24 | $1.4B | $5.8B |
| Q4 25 | $3.0B | $89.0B | ||
| Q3 25 | $3.0B | $88.5B | ||
| Q2 25 | $3.0B | $88.9B | ||
| Q1 25 | $3.0B | $88.0B | ||
| Q4 24 | $3.0B | $88.8B | ||
| Q3 24 | $2.9B | $87.0B | ||
| Q2 24 | $2.9B | $87.6B | ||
| Q1 24 | $2.8B | $87.1B |
| Q4 25 | 0.44× | 0.21× | ||
| Q3 25 | 0.43× | 0.21× | ||
| Q2 25 | 0.44× | 0.15× | ||
| Q1 25 | 0.33× | 0.15× | ||
| Q4 24 | 0.35× | 0.16× | ||
| Q3 24 | 0.32× | 0.09× | ||
| Q2 24 | 0.32× | 0.09× | ||
| Q1 24 | 0.26× | 0.09× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | $111.2M | $952.0M |
| FCF MarginFCF / Revenue | 11.9% | 106.8% |
| Capex IntensityCapex / Revenue | 1.5% | 13.6% |
| Cash ConversionOCF / Net Profit | 1.10× | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $403.2M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.4M | $1.1B | ||
| Q3 25 | $167.8M | $438.0M | ||
| Q2 25 | $87.7M | $-62.0M | ||
| Q1 25 | $90.4M | $179.0M | ||
| Q4 24 | $72.9M | $1.1B | ||
| Q3 24 | $126.0M | $119.0M | ||
| Q2 24 | $141.5M | $251.0M | ||
| Q1 24 | $87.0M | $261.0M |
| Q4 25 | $111.2M | $952.0M | ||
| Q3 25 | $147.5M | $413.0M | ||
| Q2 25 | $73.0M | $-93.0M | ||
| Q1 25 | $71.5M | $152.0M | ||
| Q4 24 | $47.9M | $1.1B | ||
| Q3 24 | $106.2M | $97.0M | ||
| Q2 24 | $120.2M | $234.0M | ||
| Q1 24 | $65.7M | $231.0M |
| Q4 25 | 11.9% | 106.8% | ||
| Q3 25 | 15.0% | 48.0% | ||
| Q2 25 | 7.8% | -11.1% | ||
| Q1 25 | 8.2% | 19.1% | ||
| Q4 24 | 5.3% | 128.2% | ||
| Q3 24 | 11.4% | 12.2% | ||
| Q2 24 | 13.0% | 30.1% | ||
| Q1 24 | 7.5% | 31.1% |
| Q4 25 | 1.5% | 13.6% | ||
| Q3 25 | 2.1% | 2.9% | ||
| Q2 25 | 1.6% | 3.7% | ||
| Q1 25 | 2.2% | 3.4% | ||
| Q4 24 | 2.8% | 11.8% | ||
| Q3 24 | 2.1% | 2.8% | ||
| Q2 24 | 2.3% | 2.2% | ||
| Q1 24 | 2.4% | 4.0% |
| Q4 25 | 1.10× | 4.08× | ||
| Q3 25 | 1.47× | 1.97× | ||
| Q2 25 | 1.52× | -0.25× | ||
| Q1 25 | 0.94× | 1.05× | ||
| Q4 24 | 0.74× | 5.31× | ||
| Q3 24 | 1.15× | 0.56× | ||
| Q2 24 | 1.25× | 1.25× | ||
| Q1 24 | 0.88× | 1.71× |
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% |
ZION
Segment breakdown not available.
