Donaldson Company, Inc. · NYSE:DCI
Donaldson — Q4 2025 Earnings Presentation
14 slides from Donaldson's earnings presentation, Aug 27, 2025
Slide 1: Donaldson Company Fourth Quarter Fiscal Year 2025
DONALDSON COMPANY F O U RT H Q U ARTE R FI S CA L Y EA R 2 0 2 5 AUGUST 2025
Slide 2: Forward-Looking Statement Safe Harbor
Forward-Looking Statement Safe Harbor Statements in this presentation regarding future events and expectations, such as forecasts, plans, trends, and projections relating to the Company’s business and financial performance, are forward-looking statements within the meaning of the Private Securities
Slide 3: Fourth Quarter Fiscal Year 2025 Update and Overview
Fourth Quarter Fiscal Year 2025 Update and Overview Advancing Filtration for a Cleaner World Through Strong Execution Record fourth quarter and full-year 2025 adjusted earnings per share (EPS)(1,2) Key Fourth quarter sales growth and improved profitability across all three segments Updates Dis
Slide 4: Full-Year FY25 Overview & Highlights
Full-Year FY25 Overview & Highlights Sales ($M) Adjusted Operating Margin(1) Adjusted Diluted EPS(1) Up 3% YoY Constant Currency Basis Up 30 bps YoY Up 8% YoY $3.68 +3% $3,691 15.7% $3.42 $3,586 15.4% FY24 FY25 FY24 FY25 FY24 1 FY25 2 Highlights Highlights Highlights • Contribution from volume (+2%)
Slide 5: Fourth Quarter FY25 Overview & Highlights
Fourth Quarter FY25 Overview & Highlights Sales ($M) Adjusted Operating Margin(1) Adjusted Diluted EPS(1) Up 3% YoY Constant Currency Basis Up 10 bps YoY Up 10% YoY 16.3% 16.4% $981 $1.03 $0.94 +5% $935 Q4’24 Q4’25 Q4’24 Q4’25 Q4’24 Q4’25 Highlights Highlights Highlights • YoY contribution from volu
Slide 6: Mobile Solutions Segment Fourth Quarter FY25 Results
Mobile Solutions Segment Fourth Quarter FY25 Results Fourth Quarter Overview Sales • Total Sales YoY: +2% reported and +1% on a constant currency basis • Sales increase mainly driven by strength in Aftermarket and Off-Road, partially offset by lower sales in On-Road • Performance by region YoY: • US
Slide 7: Industrial Solutions Segment Fourth Quarter FY25 Results
Industrial Solutions Segment Fourth Quarter FY25 Results Fourth Quarter Overview Sales • Total Sales YoY: +8% reported and +6% constant currency basis • Sales growth driven by new equipment demand in dust collection in Europe and the United States and Power Generation project timing • Performance by
Slide 8: Life Sciences Segment Fourth Quarter FY25 Results
Life Sciences Segment Fourth Quarter FY25 Results Fourth Quarter Overview Sales • Total Sales YoY: +14% reported and +9% constant currency basis • Higher sales driven by strong new equipment and replacement part sales in Food and Beverage as well as Disk Drive strength • Performance by region YoY: •
Slide 9: Balance Sheet and Cash Flow Overview
Balance Sheet and Cash Flow Overview Net Debt and Financial Leverage $600 1.2x $469 $488 Net Debt(1) ($M) Net Debt to Adj. Highlights $400 0.9x EBITDA(1) $304 $200 0.8x 0.7x 0.6x • Adjusted free cash flow conversion(1,2) of 123% in Q4’25; 77% in FY25 0.5x $0 0.3x • Supported by continued efficient m
Slide 10: Fiscal 2026 Financial Outlook
Fiscal 2026 Financial Outlook Segment Outlook Total Company Total Sales 0% to +4% +1% to 5% Sales Growth Off-Road + Mid-single digits On-Road + High-single digits Aftermarket + Low-single digits Total Company Mobile Solutions YoY Expansion Gross Margin Total Sales +2% to +6% Industrial Filtration So
Slide 11: Key Investment Points
Key Investment Points Leader in filtration with long history of solving the most difficult filtration problems 1 and forming mission critical partnerships across global customer base Best-in-class technology and strategic organizational redesign strengthens ability 2 to drive long-term profitable gr
Slide 12: Appendix
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Slide 13: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures ($ in millions, except per share amounts) (Unaudited) 13
Slide 14: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures ($ in millions, except per share amounts) (Unaudited) 14