---
schema_version: "secwatch.filing_event.v1"
accession: "0000029644-22-000059"
form_type: "8-K"
ticker: "DCI"
cik: "0000029644"
company_name: "DONALDSON Co INC"
filed_at: "2022-06-01T23:59:59+00:00"
generated_at: "2026-06-25T05:38:13.267583+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Donaldson Q3 net earnings down 1.8%; record sales $853M; lowers FY margin and FCF guidance

## Summary
- GAAP EPS $0.67 vs $0.66; net earnings $83.0M, down 1.8% YoY.
- Record sales $853.2M, up 11.5% (14.4% constant currency); Engine +13.2%, Industrial +7.8%.
- FY sales growth guidance raised to 14.5-16.5% from 11-15%; EPS narrowed to $2.67-2.73.
- Gross margin guide now down 1.5-2.0 ppts (vs prior -1.0 to -1.5); operating margin cut to 13.5-13.9%.
- Free cash flow conversion outlook slashed to 50-60% from 70-80% due to inventory and receivables.

## SEC filing metadata
- accession: 0000029644-22-000059
- form_type: 8-K
- ticker: DCI
- cik: 0000029644
- company_name: DONALDSON Co INC
- filed_at: 2022-06-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29644/000002964422000059/0000029644-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29644/000002964422000059/dci-20220601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029644-22-000059
- JSON: https://secwatch.observer/filing/0000029644-22-000059.json
- Plain text: https://secwatch.observer/filing/0000029644-22-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.