DCI (Donaldson Co) Cyclically Adjusted FCF per Share: $2.83 (As of Apr. 2026)


DCI Donaldson Co Inc DCI
94 GF Score
Price $91.37
GF Value $81.26
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Donaldson Co Cyclically Adjusted FCF per Share?

Donaldson Co DCI +2.56% 94 Cyclically Adjusted FCF per Share is $2.83 as of Apr. 2026. GuruFocus rates DCI with a GF Score™ of 94/100 and a GF Value™ of $81.26 (Modestly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Donaldson Co's adjusted free cash flow per share for the three months ended in Apr. 2026 was $0.949. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.83 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Donaldson Co's average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Donaldson Co was 23.30% per year. The lowest was 0.00% per year. And the median was 11.20% per year.

As of today (2026-07-07), Donaldson Co's current stock price is $91.37. Donaldson Co's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was $2.83. Donaldson Co's Cyclically Adjusted Price-to-FCF of today is 32.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Donaldson Co was 39.80. The lowest was 22.34. And the median was 30.75.


Donaldson Co  (NYSE:DCI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Donaldson Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=91.37/2.83
=32.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Donaldson Co was 39.80. The lowest was 22.34. And the median was 30.75.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Donaldson Co Cyclically Adjusted FCF per Share Related Terms


Donaldson Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Donaldson Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Donaldson Co Cyclically Adjusted FCF per Share Chart

Donaldson Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 2.03 2.25 2.45 2.69

Donaldson Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.57 2.69 2.76 2.75 2.83

DCI vs GTLS, FLS, WTS: Cyclically Adjusted FCF per Share Comparison

For the Specialty Industrial Machinery subindustry, Donaldson Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Donaldson Co Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Donaldson Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Donaldson Co's Cyclically Adjusted Price-to-FCF falls into.


DCI
94GF Score
Donaldson Co Inc DCI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Donaldson Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Donaldson Co's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.949/333.0200*333.0200
=0.949

Current CPI (Apr. 2026) = 333.0200.

Donaldson Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.562 240.628 0.778
201610 0.662 241.729 0.912
201701 1.075 242.839 1.474
201704 0.375 244.524 0.511
201707 0.468 244.786 0.637
201710 0.332 246.663 0.448
201801 0.490 247.867 0.658
201804 0.164 250.546 0.218
201807 0.608 252.006 0.803
201810 0.268 252.885 0.353
201901 0.312 251.712 0.413
201904 0.270 255.548 0.352
201907 0.648 256.571 0.841
201910 0.381 257.346 0.493
202001 0.373 257.971 0.482
202004 0.485 256.389 0.630
202007 0.811 259.101 1.042
202010 0.860 260.388 1.100
202101 0.482 261.582 0.614
202104 0.729 267.054 0.909
202107 0.605 273.003 0.738
202110 0.195 276.589 0.235
202201 0.173 281.148 0.205
202204 0.327 289.109 0.377
202207 0.647 296.276 0.727
202210 0.727 298.012 0.812
202301 0.590 299.170 0.657
202304 0.794 303.363 0.872
202307 1.339 305.691 1.459
202310 0.936 307.671 1.013
202401 0.538 308.417 0.581
202404 0.978 313.548 1.039
202407 0.866 314.540 0.917
202410 0.392 315.664 0.414
202501 0.589 317.671 0.617
202504 0.594 320.795 0.617
202507 1.264 323.048 1.303
202510 0.944 0.000
202601 0.153 325.252 0.157
202604 0.949 333.020 0.949

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $2.83 mean?
Donaldson Co (DCI) has a Cyclically Adjusted FCF per Share of $2.83 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Donaldson Co and its competitors.
Is Donaldson Co's Cyclically Adjusted FCF per Share too high?
Donaldson Co's current Cyclically Adjusted FCF per Share is $2.83. Overall, Donaldson Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donaldson Co's Cyclically Adjusted FCF per Share compare to GTLS and FLS?
Donaldson Co's Cyclically Adjusted FCF per Share of $2.83 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Donaldson Co and its competitors. Donaldson Co's current Cyclically Adjusted FCF per Share is $2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donaldson Co stock overvalued right now?
Based on GuruFocus' analysis, Donaldson Co (DCI) is currently considered Modestly Overvalued. The stock's GF Value™ is $81.26, compared to a current price of $91.37 — trading 12.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $2.83. Donaldson Co's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Donaldson Co (DCI), the current Cyclically Adjusted FCF per Share is $2.83 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Donaldson Co (DCI) Overvalued in 2026?

Based on GuruFocus' analysis, Donaldson Co stock appears to be overvalued. The current stock price of $91.37 is trading 12.4% above its estimated GF Value™ of $81.26. GuruFocus considers Donaldson Co to be Modestly Overvalued.

Key valuation signals for DCI:

  • Cyclically Adjusted FCF per Share: $2.83
  • GF Value™: $81.26 vs. price of $91.37 (12.4% above fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the DCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Donaldson Co Business Description

Other Exchanges DNZ:Germany
Address 1400 West 94th Street, Minneapolis, MN, USA, 55431
Donaldson is a leading manufacturer of filtration systems and replacement parts, including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors. The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.7 billion in revenue in its fiscal 2025.
94GF Score

Get the complete analysis for DCI

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$91.37
Price
$81.26
GF Value