Donaldson Company Inc., founded in 1915 and headquartered in Bloomington, Minnesota, provides engineered filtration solutions for industrial, aerospace, and automotive markets. The company’s revenue is primarily driven by advanced air, liquid, and gas filtration products, backed by comprehensive aftermarket services. Under CEO Kirk Kennedy, Donaldson maintains a strong market position with an estimated 10-15% share in its niche, while actively pursuing digital initiatives and strategic acquisitions for future growth.
No customer accounted for 10% or more of our net sales in fiscal 2025, 2024 or 2023. However, a number of our customers are concentrated in similar cyclical industries (e.g., construction, agriculture, mining, oil and gas, transportation, power generation and disk drive).