DCI
Donaldson Company, Inc. Industrials - Specialty Industrial Machinery Investor Relations →
Donaldson Company, Inc. (DCI) closed at $109.03 as of 2026-02-02, trading 66.0% above its 200-week moving average of $65.68. The stock moved further from the line this week, up from 55.9% last week. With a 14-week RSI of 86, DCI is in overbought territory.
Over the past 2346 weeks of data, DCI has crossed below its 200-week moving average 29 times. On average, these episodes lasted 11 weeks. Historically, investors who bought DCI at the start of these episodes saw an average one-year return of +21.3%.
With a market cap of $12.6 billion, DCI is a large-cap stock. The company generates a free cash flow yield of 2.8%. Return on equity stands at 25.0%, indicating strong profitability. The stock trades at 8.3x book value.
The company has been aggressively buying back shares, reducing its share count by 5.3% over the past three years. DCI passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in DCI would have grown to $6934, compared to $2849 for the S&P 500. That represents an annualized return of 13.6% vs 10.6% for the index — confirming DCI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: DCI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DCI Crosses Below the Line?
Across 18 historical episodes, buying DCI when it crossed below its 200-week moving average produced an average return of +29.8% after 12 months (median +32.0%), compared to +14.2% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +47.7% vs +29.2% for the index.
Each line shows $100 invested at the moment DCI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
DCI has crossed below its 200-week MA 29 times with an average 1-year return of +21.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1981 | Dec 1981 | 7 | 11.0% | -21.9% | +39708.5% |
| Dec 1981 | Apr 1983 | 70 | 39.9% | -21.9% | +37792.6% |
| May 1983 | May 1983 | 2 | 1.7% | -6.0% | +42078.1% |
| Jun 1983 | Jun 1983 | 2 | 7.7% | -3.2% | +45322.5% |
| Jul 1983 | Jul 1983 | 1 | 0.1% | -14.2% | +41828.5% |
| Aug 1983 | Sep 1983 | 4 | 4.3% | -17.9% | +42078.1% |
| Oct 1983 | Nov 1983 | 3 | 5.0% | -10.8% | +42586.2% |
| Feb 1984 | Aug 1985 | 80 | 22.7% | -3.0% | +42078.1% |
| Sep 1985 | Sep 1985 | 1 | 0.3% | +80.5% | +45912.4% |
| Nov 1987 | Dec 1987 | 6 | 14.5% | +41.7% | +32716.4% |
| Jun 1989 | Jul 1989 | 3 | 2.0% | +105.9% | +24921.2% |
| Sep 1998 | Oct 1998 | 4 | 5.9% | +36.1% | +3851.8% |
| Jun 2000 | Aug 2000 | 6 | 6.0% | +59.5% | +2985.9% |
| Oct 2008 | Jun 2009 | 34 | 36.2% | +4.6% | +748.2% |
| Jun 2009 | Jul 2009 | 5 | 9.8% | +30.6% | +706.3% |
| Sep 2009 | Oct 2009 | 3 | 8.3% | +36.1% | +700.9% |
| Oct 2009 | Nov 2009 | 1 | 0.8% | +38.1% | +679.6% |
| May 2015 | May 2015 | 1 | 1.5% | -6.6% | +267.4% |
| May 2015 | May 2016 | 53 | 24.0% | -4.3% | +264.6% |
| Jun 2016 | Jul 2016 | 3 | 1.8% | +34.1% | +266.4% |
| Feb 2020 | May 2020 | 13 | 21.6% | +32.8% | +164.5% |
| Jun 2020 | Jul 2020 | 5 | 2.3% | +38.4% | +162.4% |
| Sep 2020 | Sep 2020 | 1 | 1.6% | +32.8% | +157.2% |
| Feb 2022 | Mar 2022 | 2 | 2.8% | +34.0% | +128.0% |
| Apr 2022 | May 2022 | 6 | 5.4% | +27.4% | +129.2% |
| Jun 2022 | Jul 2022 | 7 | 10.7% | +20.7% | +128.9% |
| Aug 2022 | Sep 2022 | 1 | 1.6% | +29.6% | +125.6% |
| Sep 2022 | Oct 2022 | 4 | 5.1% | +22.6% | +130.9% |
| Mar 2025 | Apr 2025 | 1 | 0.4% | N/A | +81.3% |
| Average | 11 | — | +21.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02