Donaldson Company Inc (DCI)
Gross profit margin
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,286,200 | 1,282,200 | 1,286,500 | 1,285,400 | 1,266,700 | 1,232,000 | 1,194,600 | 1,174,200 | 1,160,500 | 1,152,000 | 1,132,200 | 1,097,600 | 1,067,400 | 1,041,500 | 1,030,500 | 1,006,000 | 971,700 | 913,900 | 865,100 | 863,000 |
| Revenue (ttm) | US$ in thousands | 3,690,900 | 3,645,600 | 3,633,400 | 3,640,100 | 3,586,300 | 3,530,400 | 3,478,200 | 3,429,800 | 3,430,800 | 3,441,300 | 3,418,800 | 3,393,000 | 3,306,600 | 3,189,700 | 3,101,500 | 2,978,100 | 2,853,800 | 2,698,100 | 2,562,800 | 2,545,700 |
| Gross profit margin | 34.85% | 35.17% | 35.41% | 35.31% | 35.32% | 34.90% | 34.35% | 34.24% | 33.83% | 33.48% | 33.12% | 32.35% | 32.28% | 32.65% | 33.23% | 33.78% | 34.05% | 33.87% | 33.76% | 33.90% |
July 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,286,200K ÷ $3,690,900K
= 34.85%
The gross profit margin of Donaldson Company Inc. demonstrates a generally stable yet gradually improving trend over the period from October 2020 through July 2025. Initially, the gross profit margin hovered around approximately 33.90% in October 2020, exhibiting minimal fluctuations over the subsequent quarters, with marginal decreases reaching a low of approximately 32.28% in July 2022.
Starting from late 2022, there is a discernible upward trajectory in the gross profit margin, with figures increasing consistently, reaching 33.12% in January 2023 and continuing to rise through April and July of 2023, where it approaches 33.83%. The upward trend persists into the fiscal year 2024, with margins surpassing 34%, reaching 34.35% in January 2024, and further improving to 34.90% in April 2024. By July 2024, the gross profit margin stands at approximately 35.32%, maintaining a similar level into October 2024 at 35.31%.
Looking further ahead, the data indicates a continued positive trend, with the gross profit margin reaching 35.41% in January 2025. Although slight fluctuations occur, such as a marginal decrease in April 2025 to 35.17%, the overall movement suggests a slight easing but maintains well above pre-2022 levels. The data points to a consistent enhancement in gross profitability margins, pointing towards improvements in cost controls, pricing strategies, or product mix over this period.
In summary, the gross profit margin of Donaldson Company Inc. exhibits a long-term incremental increase after initial stability, reflecting a potentially favorable underlying trend in the company's core profitability metrics.