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Donaldson CoDCI +0.27%95 Earnings Yield (Joel Greenblatt) % is 5.62% as of Apr. 2026, which is 1% above its 10-year median of 5.58. GuruFocus rates DCI with a GF Score™ of 95/100 and a GF Value™ of $81.44 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,084 Industrial Products companies, Donaldson Co ranks better than 62.19% on this metric.
Donaldson Co's Enterprise Value for the quarter that ended in Apr. 2026 was $10,624 Mil.
Donaldson Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $597 Mil. Donaldson Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 5.62%.
The historical rank and industry rank for Donaldson Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DCI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.95 Med: 5.58 Max: 7.51
Current: 5.05
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Donaldson Co was 7.51%. The lowest was 3.95%. And the median was 5.58%.
DCI's Earnings Yield (Joel Greenblatt) % is ranked better than 62.19% of 3084
companies
in the Industrial Products industry
Industry Median: 3.365
vs DCI: 5.05
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Donaldson Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 11.22%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Donaldson Co (NYSE:DCI) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Donaldson Co Earnings Yield (Joel Greenblatt) % Related Terms
Donaldson Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Donaldson Co's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Industrial Machinery subindustry, Donaldson Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Donaldson Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Donaldson Co's Earnings Yield (Joel Greenblatt) % falls into.
Donaldson Co Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Donaldson Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2025 is calculated as
Donaldson Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $597 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.62% mean?
Donaldson Co (DCI) has a Earnings Yield (Joel Greenblatt) % of 5.62% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Donaldson Co and its competitors. This is near median its historical median of 5.58. Over the past decade, Donaldson Co's Earnings Yield (Joel Greenblatt) % has ranged from 3.95 to 7.51. According to the industry distribution chart, Donaldson Co ranks #1166 out of 3084 companies in the Industrial Products industry, placing it in the top 37.8%.
Is Donaldson Co's Earnings Yield (Joel Greenblatt) % too high?
Donaldson Co's current Earnings Yield (Joel Greenblatt) % of 5.62% is near median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 7.51. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.37. Donaldson Co's value of 5.62% is 67% above this industry median. Based on the distribution chart, Donaldson Co ranks #1166 out of 3084 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Donaldson Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donaldson Co's Earnings Yield (Joel Greenblatt) % compare to PNR and GTLS?
According to the Industrial Products industry distribution chart, Donaldson Co ranks #1166 out of 3084 companies for Earnings Yield (Joel Greenblatt) %. This puts Donaldson Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.37. Donaldson Co's value of 5.62% is 67% above this benchmark. Historically, Donaldson Co's own Earnings Yield (Joel Greenblatt) % has ranged from 3.95 to 7.51 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 3.37, Donaldson Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.37, based on 3,084 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Donaldson Co's current Earnings Yield (Joel Greenblatt) % of 5.62% is 67% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Donaldson Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donaldson Co's current Earnings Yield (Joel Greenblatt) % is 5.62%, which is near median its own 10-year median of 5.58. 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 $81.44, compared to a current price of $98.61 — trading 21.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.62%, which is near median its 10-year median of 5.58 and 67% above the Industrial Products industry median of 3.37. Donaldson Co's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Donaldson Co (DCI), the current Earnings Yield (Joel Greenblatt) % is 5.62% 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 $98.61 is trading 21.1% above its estimated GF Value™ of $81.44.
GuruFocus considers Donaldson Co to be Modestly Overvalued.
Key valuation signals for DCI:
Earnings Yield (Joel Greenblatt) %: 5.62% (near median its 10-year median of 5.58)
GF Value™: $81.44 vs. price of $98.61 (21.1% above fair value)
Industry Position: 67% above the Industrial Products median (#1166 of 3084)
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 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.
95GF Score
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