---
schema_version: "secwatch.filing_event.v1"
accession: "0000029644-24-000024"
form_type: "8-K"
ticker: "DCI"
cik: "0000029644"
company_name: "DONALDSON Co INC"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:44:21.407601+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Donaldson Q2 FY2024: record sales $876.7M (+5.8%), EPS $0.81 (+15.9%), raises FY guidance

## Summary
- GAAP EPS $0.81 vs $0.70 prior year; adjusted EPS up 8.0% to $0.81.
- Mobile Solutions sales +5.3% (Aftermarket +11.3%); Industrial +6.9% (A&D +12.4%); Life Sciences +6.0%.
- Raised FY2024 EPS guidance to $3.24-$3.32 (from $3.14-$3.30); operating margin forecast 15.0%-15.4%.
- Gross margin 35.2% (+90 bps); operating margin 14.8% (+80 bps); free cash flow conversion 95%-105%.
- Year-to-date paid $60.3M dividends and repurchased 1.2% of shares for $87.1M.

## SEC filing metadata
- accession: 0000029644-24-000024
- form_type: 8-K
- ticker: DCI
- cik: 0000029644
- company_name: DONALDSON Co INC
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29644/000002964424000024/0000029644-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29644/000002964424000024/dci-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029644-24-000024
- JSON: https://secwatch.observer/filing/0000029644-24-000024.json
- Plain text: https://secwatch.observer/filing/0000029644-24-000024.txt

## Key facts
- Earnings Releases
  DONALDSON Co INC reported fiscal 2024 results: EPS between $3.24 and $3.32. Guidance raised.
  - Period: fiscal 2024
  - EPS: between $3.24 and $3.32
  - Guidance: raised
  - Result: guidance update
  source text: Full-year EPS is forecast to be between $3.24 and $3.32, up from prior guidance of between $3.14 and $3.30 and compared with fiscal 2023 GAAP and adjusted EPS of $2.90 and $3.04, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/29644/000002964424000024/0000029644-24-000024-index.htm
- Earnings Releases
  DONALDSON Co INC reported the quarter ended January 31, 2024 results: revenue $876.7 million, net income $98.7 million, EPS $0.81. Guidance raised.
  - Period: the quarter ended January 31, 2024
  - Revenue: $876.7 million
  - Net income: $98.7 million
  - EPS: $0.81
  - Guidance: raised
  - Result: reported results
  source text: Second quarter sales were $876.7 million, up 5.8% compared with 2023 EPS of $0.81 up 15.9% versus 2023 GAAP EPS and up 8.0% versus 2023 adjusted EPS Raising fiscal 2024 operating margin and EPS guidance On track to deliver record full-year sales and EPS MINNEAPOLIS (February 28, 2024) — Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported second quarter fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $98.7 million, compared with $86.0 million in fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/29644/000002964424000024/0000029644-24-000024-index.htm

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