Donaldson Company Inc (DCI)
Net profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 414,000 | 358,800 | 332,800 | 286,900 | 257,000 |
| Revenue | US$ in thousands | 3,586,300 | 3,430,800 | 3,306,600 | 2,853,900 | 2,581,800 |
| Net profit margin | 11.54% | 10.46% | 10.06% | 10.05% | 9.95% |
July 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $414,000K ÷ $3,586,300K
= 11.54%
The trend analysis of Donaldson Company Inc's net profit margin over the past five years shows a consistent improvement. The net profit margin has increased from 9.95% in Jul 31, 2020, to 11.54% in Jul 31, 2024. This signifies that the company has been able to effectively manage its expenses relative to its revenue, resulting in a higher percentage of profit retained after all expenses have been deducted. The trend suggests that Donaldson Company Inc's profitability has been on an upward trajectory, reflecting positively on its financial performance and efficiency in generating profits.