Donaldson Company Inc (DCI)
Operating profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 544,100 | 480,200 | 443,500 | 384,700 | 340,100 |
| Revenue | US$ in thousands | 3,586,300 | 3,430,800 | 3,306,600 | 2,853,900 | 2,581,800 |
| Operating profit margin | 15.17% | 14.00% | 13.41% | 13.48% | 13.17% |
July 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $544,100K ÷ $3,586,300K
= 15.17%
Donaldson Company Inc's operating profit margin has demonstrated a generally positive trend over the past five years, improving from 13.17% in July 2020 to 15.17% in July 2024. This indicates that the company has been able to effectively control its operating expenses relative to its sales revenue. The consistent year-over-year increases in the operating profit margin suggest improving efficiency and management of costs within the business operations. Overall, the increasing trend in operating profit margin reflects a healthy financial performance and operational effectiveness for Donaldson Company Inc.