Donaldson Company Inc (DCI)

Debt-to-equity ratio

Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,453,500 1,464,200 1,544,400 1,543,000 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
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 for Donaldson Company Inc. has remained consistently at 0.00 across all reported periods from October 31, 2020, through July 31, 2025. This indicates that the company has not reported any debt investments relative to its equity during this timeframe. Such a pattern suggests that Donaldson Company Inc. has maintained a completely debt-free capital structure within these reporting periods, relying solely on equity financing for its operations and growth activities. The absence of leverage, as reflected by a zero debt-to-equity ratio, may imply a conservative financial risk profile, potentially reducing financial leverage-related risks but also limiting the potential tax benefits associated with debt financing.