Donaldson (DCI) risk factors, FY2024 10-K

Donaldson's FY2024 10-K, filed Sep 27, 2024, lists 17 risk factors in 5 groups. There is no earlier 10-K to compare against, so the most company-specific risks are listed below.

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Risk factors listed
175 groups
Section length
3k wordsItem 1A

Donaldson's biggest risks in the FY2024 10-K

  • Donaldson faces key risks from concentrated cyclical customer industries, third-party raw material sourcing, and global manufacturing complexities.

The risks most specific to Donaldson

  • Operational Risks

    Supply Chain - unavailable raw materials, significant demand fluctuations and material cost changes could have an impact on our sales and cost of sales

    We rely on third-party suppliers for raw materials like steel, filter media, and petroleum products, often concentrating sourcing with single suppliers.

  • Operational Risks

    Operations - complexity of manufacturing could cause inability to meet demand and result in the loss of customers

    Unexpected or extreme changes in demand could result in longer lead times because additional manufacturing plant capacity takes significant time to bring online.

  • Operational Risks

    Customer Concentration and Retention - a number of our customers operate in similar cyclical industries. Changes in economic conditions in these industries could impact our sales

    A number of our customers are concentrated in similar cyclical industries like construction, agriculture, mining, oil and gas, and transportation.

  • Operational Risks

    Environmental, Social and Governance (ESG) - achieving commitments could result in additional costs and our inability to achieve them could have an adverse impact on our reputation and performance

    We may incur additional costs or suffer reputational harm if we are unable to achieve our ESG targets, including greenhouse gas emissions reductions.

  • Legal and Regulatory Risks

    Intellectual Property - demand for our products may be affected by new entrants that copy our products and/or infringe on our intellectual property

    Demand for our products may be affected by new entrants that copy our products or infringe on our patents, some of which are expiring.

All 17 risk factors

Headings as the filing states them, in filing order.

Macroeconomic and Geopolitical Risks

  1. 01Global Operations - we have a broad footprint and global operations may present challenges
  2. 02Business Disruption - unexpected events, including natural disasters, may increase our cost of doing business or disrupt our operations

Operational Risks

  1. 03Supply Chain - unavailable raw materials, significant demand fluctuations and material cost changes could have an impact on our sales and cost of sales
  2. 04Personnel - our success has been and could in the future be affected, if we are not able to attract, engage, train and retain qualified personnel
  3. 05Operations - complexity of manufacturing could cause inability to meet demand and result in the loss of customers
  4. 06Products - maintaining a competitive advantage requires consistent investment with uncertain returns
  5. 07Evolving Customer Needs - disruptive technologies may threaten our growth in certain industries
  6. 08Competition - we participate in highly competitive markets with pricing pressure
  7. 09Customer Concentration and Retention - a number of our customers operate in similar cyclical industries. Changes in economic conditions in these industries could impact our sales
  8. 10Productivity Improvements - if we do not successfully manage productivity improvements, we may not realize the expected benefits
  9. 11Environmental, Social and Governance (ESG) - achieving commitments could result in additional costs and our inability to achieve them could have an adverse impact on our reputation and performance
  10. 12Acquisitions, Divestitures and Other Strategic Transactions - the execution of our acquisitions, divestitures and other strategic transactions may not provide the desired return on investment

Cybersecurity Risks

  1. 13Cybersecurity Risks - vulnerability of our information technology systems and security

Legal and Regulatory Risks

  1. 14Intellectual Property - demand for our products may be affected by new entrants that copy our products and/or infringe on our intellectual property
  2. 15Legal and Regulatory - costs associated with lawsuits, investigations or complying with laws and regulations

Financial Risks

  1. 16Currency - an unfavorable fluctuation in foreign currency exchange rates could impact our results of operations
  2. 17Liquidity - changes in the capital and credit markets may negatively affect our ability to access financing to support strategic initiatives

Other Donaldson 10-Ks

  • FY2026 10-K risk factors
    20 risks2 new

    New risks focus on integrating the Facet acquisition and managing expanding artificial intelligence use.

    Filed Sep 25, 2026
  • FY2025 10-K risk factors
    18 risks1 new1 reworded

    New tariff risks focus on supply chain disruptions and cost pressures from the US, Mexico, China, and EU. Sustainability reporting references were updated from ESG to Sustainability.

    Filed Sep 26, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.