Donaldson Company, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.37B | $2.22B | $2.37B | $2.47B | $2.44B | $2.49B | $2.29B |
| Cost of Revenue | $1.80B | $1.55B | $1.47B | $1.56B | $1.60B | $1.59B | $1.62B | $1.48B |
| Gross Profit | $935.8M | $820.9M | $754.8M | $808.6M | $877.8M | $847.1M | $873.8M | $813.8M |
| Gross Margin | 34.2% | 34.6% | 34.0% | 34.1% | 35.5% | 34.8% | 35.0% | 35.5% |
| Operating Expenses | ||||||||
| Research & Development | $59.9M | $54.7M | $55.5M | $60.2M | $61.8M | $62.6M | $59.6M | $55.3M |
| SG&A Expense | — | — | — | — | — | — | — | $443.2M |
| Operating Income | $377.0M | $323.6M | $274.2M | $288.3M | $355.7M | $343.3M | $363.0M | $315.3M |
| Operating Margin | 13.8% | 13.6% | 12.3% | 12.2% | 14.4% | 14.1% | 14.6% | 13.7% |
| Interest Expense | $21.3M | $19.5M | $20.7M | $15.2M | $10.2M | $10.9M | $11.5M | $12.5M |
| Pretax Income | $363.6M | $322.0M | $257.4M | $288.6M | $360.7M | $348.2M | $370.8M | $312.3M |
| Income Tax Expense | $183.3M | $89.2M | $66.6M | $80.5M | $100.5M | $100.8M | $106.5M | $87.0M |
| Net Income | $180.3M | $232.8M | $190.8M | $208.1M | $260.2M | $247.4M | $264.3M | $225.3M |
| Net Margin | 6.6% | 9.8% | 8.6% | 8.8% | 10.5% | 10.2% | 10.6% | 9.8% |
| EPS (Basic) | $1.38 | $1.76 | $1.43 | $1.51 | $1.79 | $1.67 | $1.76 | $1.46 |
| EPS (Diluted) | $1.36 | $1.74 | $1.42 | $1.49 | $1.76 | $1.64 | $1.73 | $1.43 |
| Shares Outstanding (Basic) | 130.3M | 132.6M | 133.8M | 137.8M | 145.6M | 148.3M | 150.3M | 154.4M |
| Shares Outstanding (Diluted) | 132.2M | 134.1M | 134.8M | 139.4M | 147.6M | 150.5M | 152.9M | 157.2M |
| Dividends Per Share | $0.74 | $0.71 | $0.69 | $0.67 | $0.61 | $0.45 | $0.34 | $0.28 |