Donaldson Company Inc (DCI)
Fixed asset turnover
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,690,900 | 3,586,300 | 3,430,800 | 3,306,600 | 2,853,900 |
| Property, plant and equipment | US$ in thousands | — | 705,200 | 652,900 | 594,400 | 617,800 |
| Fixed asset turnover | — | 5.09 | 5.25 | 5.56 | 4.62 |
July 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,690,900K ÷ $—K
= —
The fixed asset turnover ratio for Donaldson Company Inc. has exhibited fluctuations over the period from July 31, 2021, to July 31, 2024. As of July 31, 2021, the ratio stood at 4.62, indicating that the company generated approximately $4.62 in sales for every dollar invested in fixed assets. The ratio increased significantly to 5.56 by July 31, 2022, reflecting an improvement in the efficiency of utilizing fixed assets to generate sales.
However, this upward trend was not sustained, as the ratio declined to 5.25 by July 31, 2023, suggesting a slight reduction in asset utilization efficiency during that period. The downward trend continued into July 31, 2024, when the ratio further decreased to 5.09, implying a modest decline in the effectiveness of fixed asset deployment to generate revenue.
The data for July 31, 2025, is unavailable, leaving the latest trend incomplete. Overall, the ratio demonstrates that while there was a peak in asset utilization efficiency in 2022, subsequent years showed a slight decline. This pattern may indicate shifts in operational efficiency, changes in asset management, or variations in sales relative to the fixed asset base during this period.