Donaldson Company Inc (DCI)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,489,100 | 1,320,700 | 1,133,200 | 1,137,100 | 992,900 |
| ROE | 27.80% | 27.17% | 29.37% | 25.23% | 25.88% |
July 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $414,000K ÷ $1,489,100K
= 27.80%
Donaldson Company Inc's return on equity (ROE) has been generally stable over the past five years, ranging from 25.23% to 29.37%. This indicates the company's ability to generate profits from shareholders' equity. The ROE of 27.80% in 2024 reflects a strong performance, showing that for every dollar of equity, the company generated a return of 27.80 cents. Despite slight fluctuations in ROE, Donaldson Company Inc has consistently delivered solid returns to its shareholders over the years, reflecting efficient management of assets and leverage to generate profits. Overall, the company has demonstrated a strong financial performance based on its ROE trend.