Donaldson sees FY26 revenue at $3.8B-$4.3B, 4%-8% three-year CAGR

Ahead of its 2023 Investor Day, Donaldson unveiled its 2026 financial targets. The company sees FY26 revenue at $3.8B-$4.3B, up 4%-8% at 3-year CAGR from FY23, operating margin of 15.6%-16.4% and incremental margin of between 20% to 24% over the fiscal 2023 to fiscal 2026 period. CEO Tod Carpenter stated: "Our balanced growth strategy, focused on strengthening our leadership in legacy markets and expanding across new markets, including life sciences, keeps us in an excellent position to solve the world’s most pressing filtration challenges while driving long-term profitable growth and creating value for our stakeholders."