Donaldson Company Inc (DCI)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 558,200 | 534,200 | 511,800 | 495,100 | 487,800 | 498,300 | 486,800 | 467,000 | 453,400 | 437,800 | 436,800 | 415,900 | 394,100 | 362,200 | 336,900 | 347,000 | 352,600 | 371,300 | 387,200 | 385,700 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 37.49% | 36.00% | 37.20% | 37.06% | 36.93% | 38.37% | 40.76% | 40.44% | 40.01% | 38.96% | 39.11% | 37.27% | 34.66% | 31.40% | 31.36% | 32.97% | 35.51% | 39.31% | 41.17% | 42.06% |
July 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $558,200K ÷ ($—K + $1,489,100K)
= 37.49%
Donaldson Company Inc's return on total capital has shown a stable and impressive performance over the past several quarters, ranging from 31.36% to 42.06%. The company's ability to generate returns on the capital invested has been consistently strong, with the latest figure standing at 37.49%. This indicates that Donaldson is effectively utilizing its total capital to generate profits for its stakeholders. The upward trend in return on total capital demonstrates the company's operational efficiency and financial management capabilities. Overall, Donaldson's return on total capital reflects a positive performance and effective utilization of its resources.