Company / R&D Expense
Donaldson Company R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$87.8M
FY2025
5-year range
$67.8M / $93.6M
FY2021-FY2025
Trend
-6.2%
vs FY2024
Sector context
#77 of 174
Industrials
What the data says
At $88M, Donaldson Company's r&d expense ranks #77 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $55M in FY2017 to $94M in FY2024.
Based on SEC 10-K filings.
$88M in FY2025 with a 5-year CAGR of +7.5%.
Improved from $78M to $88M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +8.3%
- 5-Year CAGR
- +7.5%
- 10-Year CAGR
- -
Sector benchmark
#77 of 174 in IndustrialsTop 44% of 174This company $87.8M Sector average $273.7M
▼
-67.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.5%, indicating consistent growth.
- In FY2025, r&d expense decreased 6.2% year-over-year.
- Ranks #77 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 1.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $87.8M | -6.2% |
| FY2024 | $93.6M | +19.8% |
| FY2023 | $78.1M | +13.0% |
| FY2022 | $69.1M | +1.9% |
| FY2021 | $67.8M | +10.8% |
| FY2020 | $61.2M | -1.8% |
| FY2019 | $62.3M | +4.0% |
| FY2018 | $59.9M | +9.5% |
| FY2017 | $54.7M | -1.4% |
| FY2016 | $55.5M | -7.8% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026