Donaldson Company Inc (DCI)
Total 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 |
| Total assets | US$ in thousands | 2,977,200 | 2,914,300 | 2,770,500 | 2,600,300 | 2,400,200 |
| Total asset turnover | 1.24 | 1.23 | 1.24 | 1.27 | 1.19 |
July 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,690,900K ÷ $2,977,200K
= 1.24
The total asset turnover ratio for Donaldson Company Inc. has demonstrated a relatively stable pattern over the observed period from July 31, 2021, to July 31, 2025. Specifically, the ratio increased from 1.19 in 2021 to a peak of 1.27 in 2022, indicating an improved efficiency in utilizing total assets to generate sales during that year. Subsequently, the ratio experienced a slight decline to 1.24 in 2023, followed by marginal decreases to 1.23 in 2024, before stabilizing again at 1.24 in 2025.
This trajectory reflects a generally consistent level of asset efficiency, with a brief period of improvement in 2022. The minor fluctuations in subsequent years suggest that the company’s use of its assets to produce sales remains relatively steady, with no significant deterioration or improvement in asset productivity. Such stability may imply effective management of assets and consistent operational performance over this period.