Donaldson Company Inc (DCI)
Pretax margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 535,300 | 468,700 | 438,400 | 381,000 | 335,200 |
| Revenue | US$ in thousands | 3,586,300 | 3,430,800 | 3,306,600 | 2,853,900 | 2,581,800 |
| Pretax margin | 14.93% | 13.66% | 13.26% | 13.35% | 12.98% |
July 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $535,300K ÷ $3,586,300K
= 14.93%
The pretax margin of Donaldson Company Inc has been steadily increasing over the past five years. The company's pretax margin was 14.93% in 2024, compared to 13.66% in 2023, 13.26% in 2022, 13.35% in 2021, and 12.98% in 2020. This positive trend indicates that the company has been effectively managing its operating expenses and generating higher pre-tax profits relative to its total revenue. This improvement in pretax margin reflects enhanced operational efficiency, cost control measures, and potentially better pricing strategies. Overall, the consistent growth in pretax margin signifies a positive financial performance for Donaldson Company Inc.