Donaldson Company Inc (DCI)
Debt-to-equity ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,453,500 | 1,489,100 | 1,320,700 | 1,133,200 | 1,137,100 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,453,500K
= 0.00
The debt-to-equity ratio of Donaldson Company Inc. has consistently been recorded as zero for all the given fiscal dates: July 31, 2021; July 31, 2022; July 31, 2023; July 31, 2024; and July 31, 2025. This indicates that, over this period, the company has maintained an entirely equity-financed capital structure without relying on debt. The persistent absence of debt implies a conservative approach to leverage and suggests that the company may prioritize financial stability and low risk, or possibly operates with minimal capital structure flexibility from debt sources. This consistent zero debt-to-equity ratio reflects a stable and debt-free financial position during the analyzed timeframe.