Donaldson Company Inc (DCI)
Return on equity (ROE)
| 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 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 414,000 | 396,200 | 376,400 | 363,700 | 358,800 | 367,900 | 357,200 | 343,000 | 332,900 | 316,200 | 317,600 | 302,000 | 286,800 | 266,600 | 245,600 | 253,800 | 256,900 | 250,800 | 262,600 | 258,300 |
| Total stockholders’ equity | US$ in thousands | 1,489,100 | 1,484,000 | 1,375,800 | 1,336,100 | 1,320,700 | 1,298,700 | 1,194,200 | 1,154,800 | 1,133,200 | 1,123,600 | 1,116,800 | 1,115,900 | 1,137,100 | 1,153,400 | 1,074,400 | 1,052,600 | 992,900 | 944,500 | 940,400 | 917,000 |
| ROE | 27.80% | 26.70% | 27.36% | 27.22% | 27.17% | 28.33% | 29.91% | 29.70% | 29.38% | 28.14% | 28.44% | 27.06% | 25.22% | 23.11% | 22.86% | 24.11% | 25.87% | 26.55% | 27.92% | 28.17% |
July 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $414,000K ÷ $1,489,100K
= 27.80%
Over the past five years, Donaldson Company Inc's return on equity (ROE) has displayed a relatively stable trend, ranging between 22.86% to 29.91%. The company has consistently maintained robust ROE figures, reflecting its efficiency in generating profits from shareholders' equity.
The ROE peaked at 29.91% in Jan 31, 2023, showcasing a strong performance in utilizing equity to generate returns for investors. Although there was a slight decline in the subsequent periods, the ROE remained above 25%, indicating sustained profitability and effective management of assets.
The downward trend observed in the most recent period, with an ROE of 27.80% in Jul 31, 2024, may warrant further investigation to understand the factors influencing the decrease. However, the overall performance of Donaldson Company Inc, as evidenced by the historical ROE data, suggests that the company has been successful in efficiently utilizing equity to generate profits for its shareholders.