Donaldson Co (Donaldson Co) ROCE % : 28.52% (As of Jan. 2024)

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What is Donaldson Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Donaldson Co's annualized ROCE % for the quarter that ended in Jan. 2024 was 28.52%.

Donaldson Co ROCE % Historical Data

The historical data trend for Donaldson Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Donaldson Co ROCE % Chart

Donaldson Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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24.95

20.16

21.70

24.08

24.49

Donaldson Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															23.93	25.56	24.58	26.34	28.52

Donaldson Co ROCE % Calculation

Donaldson Co's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	487.9	/	( ( (2600.3 - 629.6)	+	(2770.5 - 756.4) )	/ 2 )
	=	487.9	/	( (1970.7	+	2014.1)	/ 2 )
	=	487.9	/	1992.4
	=	24.49 %

Donaldson Co's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	538.4	/	( ( (2768.6 - 882.6)	+	(2783.5 - 893.5) )	/ 2 )
	=	538.4	/	( ( 1886	+	1890 )	/ 2 )
	=	538.4	/	1888
	=	28.52 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Donaldson Co (NYSE:DCI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Donaldson Co ROCE % Related Terms

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Donaldson Co (Donaldson Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Donaldson Co Inc (NYSE:DCI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DNZ:Germany

Address

1400 West 94th Street, Minneapolis, MN, USA, 55431

Website

https://ir.donaldson.com

Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.4 billion in revenue and $480 million in operating income in its fiscal 2023.

Executives

Willard D Oberton	director	2001 THEURER BLVD, WINONA MN 55987
Ajita G Rajendra	director	A. O. SMITH WATER PRODUCTS COMPANY, 500 LINDAHL PARKWAY, ASHLAND CITY TN 37015
Guillermo Briseno	officer: President	PO BOX 1299, MINNEAPOLIS MN 55440
James Owens	director	1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Douglas A. Milroy	director	PO BOX 1299, MINNEAPOLIS MN 55440
Amy C Becker	officer: Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Scott J. Robinson	officer: Senior Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Christopher M. Hilger	director	PO BOX 1299, MINNEAPOLIS MN 55440
Thomas R Scalf	officer: Senior Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Andrew C Dahlgren	officer: President	PO BOX 1299, MINNEAPOLIS MN 55440
Wim Vermeersch	officer: Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Tod E. Carpenter	director, officer: Chairman, President and CEO	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Jeffrey E Spethmann	officer: Senior Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Sheila G. Kramer	officer: Vice President	P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Richard Brent Lewis	officer: Senior Vice President	PO BOX 1299, MINNEAPOLIS MN 55440