Donaldson Company, Inc. reported Q2 FY25 revenue of $870 million, down 0.8% year-over-year, with adjusted EPS rising 2.5% to $0.83. Operating margin declined slightly due to restructuring charges, but adjusted operating margin improved. Aftermarket, Aerospace & Defense, and Life Sciences segments showed growth, while Off-Road and On-Road declined. The company reaffirmed its FY25 guidance with expectations of record EPS.
Donaldson reported a record first quarter with sales of $900.1 million, a 6.4% year-over-year increase. GAAP EPS was $0.81, up 8.1% versus prior year, and adjusted EPS was $0.83. The company reaffirmed its fiscal 2025 outlook.
Donaldson reported a 6.4% increase in sales, reaching $935 million, and a GAAP EPS of $0.90, up 20.0%. The company delivered an all-time high level of profitability through solid sales and robust margin expansion.
Donaldson reported record third quarter fiscal year 2024 sales and earnings. Sales increased 6.0% year over year to $927.9 million, and EPS was $0.92, up 21.7% versus 2023. The company is raising its fiscal 2024 EPS guidance.
Donaldson reported a strong second quarter with sales up 5.8% to $876.7 million and EPS of $0.81, a 15.9% increase compared to the previous year. The company is raising its fiscal 2024 operating margin and EPS guidance and is on track to deliver record full-year sales and EPS.
Donaldson reported flat sales of $846.3 million and an EPS of $0.75, up 6.8% versus 2023 GAAP EPS of $0.70. The company's performance was driven by gross margin strength from robust operational performance, with Industrial Solutions being a particular area of strength.
Donaldson reported GAAP net earnings of $91.9 million for the fourth quarter and $358.8 million for the full year. Fourth quarter sales decreased by 1.2%. The company provided fiscal year 2024 sales guidance of 3% to 7% growth and EPS outlook of $3.14 to $3.30.
Donaldson reported a 2.6% increase in sales to $875.7 million and a 14.0% increase in EPS to $0.76 for the third quarter of 2023. The operating margin also improved to 14.2%.
Donaldson reported a 3.2% increase in sales to $828.3 million and a GAAP EPS of $0.70, up 22.0% compared to the previous year. The company's robust performance was driven by significant gross margin strength through pricing and the stabilization of inflationary pressures.
Donaldson Company reported a strong first quarter in fiscal year 2023, with sales increasing by 11.4% to $847.3 million and net earnings rising by 13.1% to $87.2 million. The company's performance was driven by effective pricing strategies and solid operational execution, leading to strong incremental margins and free cash flow conversion. Donaldson is reiterating its fiscal year 2023 guidance, forecasting continued record sales and earnings.
Donaldson reported a strong fourth quarter and full-year 2022, with sales reaching over $3 billion. The company achieved record profits despite a challenging operating environment and returned $281 million to shareholders. Looking forward, Donaldson anticipates continued high demand and pricing tailwinds for fiscal year 2023.
Donaldson Company reported record third quarter sales of $853.2 million, an 11.5% increase from the previous year. EPS increased to $0.67 from $0.66. However, net earnings decreased slightly by 1.8% to $83.0 million due to persistent inflation and supply chain challenges.
Donaldson Company reported a strong second quarter with record sales of $802.5 million, an 18.2% increase from the previous year. GAAP EPS increased by 30.4% to $0.57, and adjusted EPS increased by 9.8% to $0.52. The company is increasing its fiscal year 2022 sales and EPS guidance.
Donaldson Company reported a strong first quarter for fiscal year 2022, achieving record sales of $760.9 million and net earnings of $77.1 million. The company's EPS increased to $0.61. Strong demand and expense leverage helped offset gross margin pressure from rising costs.
Donaldson Company reported a strong fourth quarter and full-year fiscal 2021, achieving record sales and earnings. Q4 sales increased by 25.2% compared to the previous year, and GAAP EPS rose by 32%. The company's performance reflects strong execution and strategic investments, positioning it well for continued success in fiscal 2022.
Donaldson reported record third-quarter sales of $765 million, a 21.5% increase year-over-year. EPS increased 32% to $0.66. The company raised its fiscal year 2021 sales guidance to 9-11% growth and GAAP EPS to $2.20-$2.26.
Donaldson Company reported a 2.6% increase in sales to $679.1 million for the second quarter of 2021. GAAP EPS was $0.44, which included a $0.08 impact from restructuring expenses. Adjusted EPS, excluding these expenses, was $0.52. The company's performance benefited from strong growth in the Engine Off-Road and Aftermarket businesses, offsetting weakness in other areas.
Donaldson Company reported a decrease in net sales by 5.4% to $636.6 million and a decline in earnings per share by 4.4% to $0.48 for the first quarter of 2021. Despite these declines, the company saw growth in gross margin and managed to mitigate the impact of the pandemic through replacement parts sales and newly established customer relationships in China.
Donaldson Company reported fiscal year 2020 net earnings of $64.2 million for the fourth quarter, compared to $58.0 million in 2019. Fourth quarter sales declined by 15.1 percent to $617.4 million. The company is not issuing detailed guidance for full-year 2021 key performance metrics.
Donaldson Company reported a decrease in sales and earnings for the third quarter of 2020, primarily due to the impact of the COVID-19 pandemic. However, cost control measures helped to mitigate the profit impact. The company's financial position remains strong with ample liquidity.
Donaldson Company reported a 7.2% increase in net earnings to $64.4 million and an 8.7% increase in GAAP EPS to $0.50, despite a 5.9% decline in sales. Strong gross margin performance and disciplined expense management contributed to the increase in net income.