Donaldson Co vs Gates Industrial Corp
Donaldson Co and Gates Industrial Corp are similar in size: $3.89bn and $3.44bn of revenue in their latest fiscal years. Donaldson Co grew faster (5.3% against 1.0%). Donaldson Co kept more of each dollar of sales as profit: a net margin of 11.7% against 7.3%. Gates Industrial Corp carries less debt relative to equity (67.2% against 75.3%).
| Latest fiscal year | Donaldson CoDCI, 2026 | Gates Industrial CorpGTES, 2025 |
|---|---|---|
| Revenue | $3.89bn | $3.44bn |
| Revenue growth | 5.3% | 1.0% |
| Net income | $454m | $251m |
| Operating margin | 15.4% | 13.5% |
| Net margin | 11.7% | 7.3% |
| Return on equity | 28.2% | 7.9% |
| Free cash flow | $426m | $405m |
| Cash | $250m | $812m |
| Total debt | $1.33bn | $2.24bn |
| Debt to equity | 75.3% | 67.2% |
| Dividend per share | $1.24 | — |
| Dividend yield | 1.4% | — |
| Share buybacks | $111m | $119m |
| Employees | — | 13,000 |
| Market value | $10.17bn | $6.16bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 80 (Strong) | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 11 sales | 0 buys, 6 sales |