Donaldson Company Inc (DCI)

Net 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
Net income (ttm) US$ in thousands 367,000 362,400 418,100 420,900 414,000 396,200 376,400 363,700 358,800 368,000 357,300 343,100 333,000 316,200 317,600 302,000 286,800 266,700 245,700 253,900
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
Net profit margin 9.94% 9.94% 11.51% 11.56% 11.54% 11.22% 10.82% 10.60% 10.46% 10.69% 10.45% 10.11% 10.07% 9.91% 10.24% 10.14% 10.05% 9.88% 9.59% 9.97%

July 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $367,000K ÷ $3,690,900K
= 9.94%

The net profit margin of Donaldson Company Inc. demonstrates a general trend of stability with gradual increases over the analyzed period. Starting at 9.97% as of October 31, 2020, the margin experienced minor fluctuations, maintaining a consistent range around 9.5% to 10.1% through late 2022. Notably, from January 31, 2023, onward, there is an observable upward trajectory, with the margin reaching approximately 10.45% by January 31, 2023, and continuing to rise to approximately 11.56% by October 31, 2024. This period reflects improved profitability, with the net profit margin expanding by about 1.1 percentage points within roughly two years.

The upward trend indicates an enhancement in the company's ability to convert revenue into profit, possibly attributable to increased operational efficiency, cost management, or favorable market conditions. The margins remain relatively steady with minimal volatility in the latter part of the period, suggesting effective control over expenses and sustained revenue quality.

However, a slight decline is observed from April 30, 2025 (9.94%) to July 31, 2025 (also 9.94%), followed by stabilization. Overall, the trend signifies a positive long-term development in profitability, with the net profit margin approaching and slightly exceeding 11.5%, highlighting robust financial performance in recent fiscal periods.