Donaldson Company, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $453.8M | $367.0M | $414.0M | $358.8M | $332.8M | $286.9M | $257.0M | $267.2M |
| Depreciation & Amortization | $106.0M | $99.5M | $98.4M | $92.3M | $93.8M | $95.3M | $87.6M | $81.1M |
| Depreciation | $87.1M | $85.6M | $82.8M | $80.9M | $85.1M | $87.1M | $79.3M | $73.5M |
| Amortization | $18.9M | $13.9M | $15.7M | $11.4M | $9.2M | $8.2M | — | — |
| Stock-Based Compensation | $24.7M | $24.0M | $22.0M | $20.4M | $20.4M | $14.2M | $15.2M | $15.0M |
| Net Cash from Operating Activities | $493.7M | $418.8M | $492.5M | $544.5M | $252.8M | $401.9M | $387.0M | $345.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $67.4M | $78.9M | $85.6M | $118.5M | $85.5M | $59.0M | $124.4M | $150.7M |
| Business Acquisitions | $822.6M | $2.4M | $2.0M | $209.2M | $68.9M | $0 | $6.5M | $96.0M |
| Net Cash from Investing Activities | $-879.5M | $-150.4M | $-86.9M | $-327.3M | $-154.0M | $-58.3M | $-128.9M | $-246.4M |
| Financing Activities | ||||||||
| Dividends Paid | $141.2M | $131.9M | $122.8M | $114.4M | $110.1M | $107.2M | $106.4M | $99.7M |
| Stock Repurchases | $111.2M | $331.5M | $162.7M | $141.8M | $170.6M | $142.2M | $94.3M | $129.2M |
| Net Cash from Financing Activities | $451.6M | $-321.7M | $-355.9M | $-222.2M | $-114.2M | $-363.3M | $-199.5M | $-123.3M |
| Net Change in Cash | $70.0M | $-52.3M | $45.6M | $-6.2M | $-29.5M | $-13.8M | $58.8M | $-26.9M |
| Free Cash Flow | $426.3M | $339.9M | $406.9M | $426.0M | $167.3M | $342.9M | $262.6M | $195.1M |