# DONALDSON Co INC

Summary updated: 2026-10-02T13:09:19.376601Z
Canonical: https://finbar.com/research/companies/donaldson-co-inc

## Overview

Donaldson is a global technology-led filtration company, founded in 1915, that develops filtration products and solutions for customers across Mobile Solutions, Industrial Solutions, and Life Sciences. Its offerings include filtration for industrial air, gases and hydraulics, power generation, aerospace and defense, as well as purification solutions for bioprocessing applications. [1](https://app.finbar.com/go?id=P169167030)[2](https://app.finbar.com/go?id=P169167041)[3](https://app.finbar.com/go?id=P169167089)

The company operates at more than 150 locations on six continents, including 79 manufacturing and/or distribution centers. [4](https://app.finbar.com/go?id=P169167281) Its stated purpose is “to advance filtration for a cleaner world.” [5](https://app.finbar.com/go?id=P169167131) For fiscal 2026, ended July 31, 2026, Donaldson reported net sales of $3,885.6 million; its website describes a workforce of more than 14,000 employees worldwide. [6](https://app.finbar.com/go?id=T19714965)[7](https://www.donaldson.com/en/company/sustainability/)
[1](https://app.finbar.com/go?id=P169167030)[2](https://app.finbar.com/go?id=P169167041)[3](https://app.finbar.com/go?id=P169167089)[4](https://app.finbar.com/go?id=P169167281)[5](https://app.finbar.com/go?id=P169167131)[6](https://app.finbar.com/go?id=T19714965)[7](https://www.donaldson.com/en/company/sustainability/)

## Products & services

Donaldson’s Mobile Solutions products include replacement air and liquid filters, filtration housings for new equipment, exhaust and emissions systems, and sensors, indicators and monitoring systems for construction, mining, agriculture and transportation equipment. Its air-filtration technologies include PowerCore®, a compact alternative to standard pleated-cellulose filters, and Ultra-Web® and Ultra-Web® HD fine-fiber media for harsh or fine-dust conditions. Mobile Solutions accounted for 62.3% of FY2026 net sales. [8](https://app.finbar.com/go?id=P169167039)[9](https://app.finbar.com/go?id=P169167048)

Industrial Solutions includes dust, fume and mist collectors; compressed-air, industrial-gas, hydraulic and process filtration; power-generation air-inlet systems; and filtration for aerospace and defense applications. The portfolio also includes replacement parts, ancillary components, performance monitoring and global service. iCue® Connected Filtration Technology monitors dust-collection equipment, while power-generation systems are engineered for gas turbines and industrial compressors, including new and retrofit installations. Industrial Solutions represented 29.1% of FY2026 net sales. [2](https://app.finbar.com/go?id=P169167041)[10](https://app.finbar.com/go?id=P169167060)[11](https://app.finbar.com/go?id=P169167063)

Life Sciences products include gas and liquid filtration for food and beverage, data-center cooling and industrial processes; bioreactors, fermenters, chromatography devices, reagents and filters; PTFE membrane-based products; and specialized air and gas filtration for disk drives, semiconductor manufacturing, sensors, batteries and powertrain components. Life Sciences represented 8.6% of FY2026 net sales. [12](https://app.finbar.com/go?id=P169167042)
[8](https://app.finbar.com/go?id=P169167039)[9](https://app.finbar.com/go?id=P169167048)[2](https://app.finbar.com/go?id=P169167041)[10](https://app.finbar.com/go?id=P169167060)[11](https://app.finbar.com/go?id=P169167063)[12](https://app.finbar.com/go?id=P169167042)

## Geographic presence

Donaldson operates across six continents, with employees at more than 150 locations, including 79 manufacturing and/or distribution centers. The company also describes its footprint as spanning more than 40 countries, with over 150 facilities globally. [1](https://app.finbar.com/go?id=P169167030)[13](https://www.donaldson.com/en/company/who-we-are/)

In FY2026, net sales by customer region were: U.S. and Canada, $1,652.0 million (42.5%); EMEA, $1,136.0 million (29.2%); APAC, $689.5 million (17.7%); and LATAM, $408.1 million (10.6%). The filing reports sales by region, not by individual country. [14](https://app.finbar.com/go?id=T19714900)
[1](https://app.finbar.com/go?id=P169167030)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[14](https://app.finbar.com/go?id=T19714900)[13](https://www.donaldson.com/en/company/who-we-are/)

## Business segments

Donaldson reports three business segments. In FY2026, Mobile Solutions generated $2,419.7 million, approximately 62.3% of company net sales. Its offerings include filtration products, exhaust and emissions systems, and related monitoring products for off-road, on-road and aftermarket applications. [8](https://app.finbar.com/go?id=P169167039)[6](https://app.finbar.com/go?id=T19714965) Industrial Solutions generated $1,132.7 million, approximately 29.2% of sales. It covers industrial air filtration, industrial gases and hydraulics, power generation, and aerospace and defense, with products and services for industrial, energy, aerospace and defense applications. [2](https://app.finbar.com/go?id=P169167041)[6](https://app.finbar.com/go?id=T19714965) Life Sciences generated $333.2 million, approximately 8.6% of sales. Its end markets include food and beverage, disk drives, advanced membrane solutions, microelectronics, and upstream and downstream bioprocessing. [12](https://app.finbar.com/go?id=P169167042)[6](https://app.finbar.com/go?id=T19714965)

The segment percentages are calculated from segment net sales against FY2026 total company net sales of $3,885.6 million. [6](https://app.finbar.com/go?id=T19714965) Donaldson also discloses business units within Mobile Solutions—Off-Road, On-Road and Aftermarket—and Industrial Solutions—Industrial Filtration Solutions and Aerospace and Defense. [15](https://app.finbar.com/go?id=T19714966)
[8](https://app.finbar.com/go?id=P169167039)[6](https://app.finbar.com/go?id=T19714965)[2](https://app.finbar.com/go?id=P169167041)[6](https://app.finbar.com/go?id=T19714965)[12](https://app.finbar.com/go?id=P169167042)[6](https://app.finbar.com/go?id=T19714965)[6](https://app.finbar.com/go?id=T19714965)[15](https://app.finbar.com/go?id=T19714966)

## Company history

Donaldson Company was founded in 1915 by Frank Donaldson Sr., following his invention of an air cleaner for tractor engines. It opened its first international location in Canada in 1945 and moved administrative and research-and-development operations to Bloomington, Minnesota, in the 1960s. In the 1970s, it expanded into hydraulic and gas-turbine filtration, acquired Torit, and listed its shares on the New York Stock Exchange. [16](https://app.finbar.com/go?id=P22674921)[1](https://app.finbar.com/go?id=P169167030)[13](https://www.donaldson.com/en/company/who-we-are/)

In 2000, the company combined DCE with Torit to form Donaldson Dust Collection. It expanded further through the 2014 acquisition of Northern Technical, a gas-turbine inlet-air filtration business, and the 2018 acquisition of an 88% stake in fume-extraction systems maker BOFA International. [17](https://media.corporate-ir.net/media_files/irol/70/70645/reports/annual2000.pdf)[18](https://ir.donaldson.com/news/news-details/2014/Donaldson-Completes-Acquisition-of-Northern-Technical-LLC/default.aspx)[19](https://ir.donaldson.com/news/news-details/2018/Donaldson-Company-Completes-Acquisition-of-BOFA-International-LTD-Announces-Date-of-First-Quarter-2019-Earnings-Webcast/default.aspx)

Tod Carpenter became president and CEO in 2015 and chairman in 2017. From 2021 to 2024, Donaldson broadened its life-sciences business through acquisitions of Solaris Biotechnology, Purilogics and Univercells Technologies, and a 49% stake in Medica. In 2026, Richard Lewis succeeded Carpenter as president and CEO, with Carpenter becoming executive chairman; that year, Donaldson also completed its acquisition of Facet Filtration. [20](https://app.finbar.com/go?id=P22431400)[21](https://ir.donaldson.com/news/news-details/2015/Donaldson-Company-Promotes-Tod-Carpenter-to-President-and-CEO/default.aspx)[22](https://ir.donaldson.com/news/news-details/2021/Donaldson-Company-Acquires-Solaris-Biotechnology/default.aspx)[23](https://ir.donaldson.com/news/news-details/2022/Donaldson-Company-Expands-Life-Sciences-Portfolio-Acquires-Purilogics/default.aspx)[24](https://ir.donaldson.com/news/news-details/2023/Donaldson-Acquires-Univercells-Technologies-Broadens-Life-Sciences-Reach/default.aspx)[25](https://ir.donaldson.com/news/news-details/2024/Donaldson-Completes-Acquisition-of-49-Minority-Stake-in-Medica-S.p.A/default.aspx)[26](https://ir.donaldson.com/news/news-details/2026/Donaldson-Elects-Chief-Operating-Officer-Richard-Lewis-to-Succeed-Tod-Carpenter-as-President-and-CEO-as-Part-of-Planned-Succession/default.aspx)[27](https://app.finbar.com/go?id=P169167605)
[16](https://app.finbar.com/go?id=P22674921)[1](https://app.finbar.com/go?id=P169167030)[20](https://app.finbar.com/go?id=P22431400)[27](https://app.finbar.com/go?id=P169167605)[13](https://www.donaldson.com/en/company/who-we-are/)[17](https://media.corporate-ir.net/media_files/irol/70/70645/reports/annual2000.pdf)[18](https://ir.donaldson.com/news/news-details/2014/Donaldson-Completes-Acquisition-of-Northern-Technical-LLC/default.aspx)[19](https://ir.donaldson.com/news/news-details/2018/Donaldson-Company-Completes-Acquisition-of-BOFA-International-LTD-Announces-Date-of-First-Quarter-2019-Earnings-Webcast/default.aspx)[21](https://ir.donaldson.com/news/news-details/2015/Donaldson-Company-Promotes-Tod-Carpenter-to-President-and-CEO/default.aspx)[22](https://ir.donaldson.com/news/news-details/2021/Donaldson-Company-Acquires-Solaris-Biotechnology/default.aspx)[23](https://ir.donaldson.com/news/news-details/2022/Donaldson-Company-Expands-Life-Sciences-Portfolio-Acquires-Purilogics/default.aspx)[24](https://ir.donaldson.com/news/news-details/2023/Donaldson-Acquires-Univercells-Technologies-Broadens-Life-Sciences-Reach/default.aspx)[25](https://ir.donaldson.com/news/news-details/2024/Donaldson-Completes-Acquisition-of-49-Minority-Stake-in-Medica-S.p.A/default.aspx)[26](https://ir.donaldson.com/news/news-details/2026/Donaldson-Elects-Chief-Operating-Officer-Richard-Lewis-to-Succeed-Tod-Carpenter-as-President-and-CEO-as-Part-of-Planned-Succession/default.aspx)[13](https://www.donaldson.com/en/company/who-we-are/)[17](https://media.corporate-ir.net/media_files/irol/70/70645/reports/annual2000.pdf)[18](https://ir.donaldson.com/news/news-details/2014/Donaldson-Completes-Acquisition-of-Northern-Technical-LLC/default.aspx)[19](https://ir.donaldson.com/news/news-details/2018/Donaldson-Company-Completes-Acquisition-of-BOFA-International-LTD-Announces-Date-of-First-Quarter-2019-Earnings-Webcast/default.aspx)[21](https://ir.donaldson.com/news/news-details/2015/Donaldson-Company-Promotes-Tod-Carpenter-to-President-and-CEO/default.aspx)[22](https://ir.donaldson.com/news/news-details/2021/Donaldson-Company-Acquires-Solaris-Biotechnology/default.aspx)[23](https://ir.donaldson.com/news/news-details/2022/Donaldson-Company-Expands-Life-Sciences-Portfolio-Acquires-Purilogics/default.aspx)[24](https://ir.donaldson.com/news/news-details/2023/Donaldson-Acquires-Univercells-Technologies-Broadens-Life-Sciences-Reach/default.aspx)[25](https://ir.donaldson.com/news/news-details/2024/Donaldson-Completes-Acquisition-of-49-Minority-Stake-in-Medica-S.p.A/default.aspx)[26](https://ir.donaldson.com/news/news-details/2026/Donaldson-Elects-Chief-Operating-Officer-Richard-Lewis-to-Succeed-Tod-Carpenter-as-President-and-CEO-as-Part-of-Planned-Succession/default.aspx)

## Sources

1. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167030)
2. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167041)
3. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167089)
4. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167281)
5. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167131)
6. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=T19714965)
7. [www.donaldson.com](https://www.donaldson.com/en/company/sustainability/)
8. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167039)
9. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167048)
10. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167060)
11. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167063)
12. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167042)
13. [www.donaldson.com](https://www.donaldson.com/en/company/who-we-are/)
14. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=T19714900)
15. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=T19714966)
16. [DONALDSON Co INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P22674921)
17. [media.corporate-ir.net](https://media.corporate-ir.net/media_files/irol/70/70645/reports/annual2000.pdf)
18. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2014/Donaldson-Completes-Acquisition-of-Northern-Technical-LLC/default.aspx)
19. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2018/Donaldson-Company-Completes-Acquisition-of-BOFA-International-LTD-Announces-Date-of-First-Quarter-2019-Earnings-Webcast/default.aspx)
20. [DONALDSON Co INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P22431400)
21. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2015/Donaldson-Company-Promotes-Tod-Carpenter-to-President-and-CEO/default.aspx)
22. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2021/Donaldson-Company-Acquires-Solaris-Biotechnology/default.aspx)
23. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2022/Donaldson-Company-Expands-Life-Sciences-Portfolio-Acquires-Purilogics/default.aspx)
24. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2023/Donaldson-Acquires-Univercells-Technologies-Broadens-Life-Sciences-Reach/default.aspx)
25. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2024/Donaldson-Completes-Acquisition-of-49-Minority-Stake-in-Medica-S.p.A/default.aspx)
26. [ir.donaldson.com](https://ir.donaldson.com/news/news-details/2026/Donaldson-Elects-Chief-Operating-Officer-Richard-Lewis-to-Succeed-Tod-Carpenter-as-President-and-CEO-as-Part-of-Planned-Succession/default.aspx)
27. [DONALDSON Co INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P169167605)

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