- United States
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- Machinery
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- NYSE:DCI
Donaldson Company Full Year 2024 Earnings: In Line With Expectations
Donaldson Company (NYSE:DCI) Full Year 2024 Results
Key Financial Results
- Revenue: US$3.59b (up 4.5% from FY 2023).
- Net income: US$414.0m (up 15% from FY 2023).
- Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: US$3.43 (up from US$2.95 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Donaldson Company Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the Mobile Solutions segment contributing a total revenue of US$2.25b (63% of total revenue). Notably, cost of sales worth US$2.31b amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$636.7m (74% of total expenses). Explore how DCI's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in the US.
Performance of the American Machinery industry.
The company's shares are down 3.1% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Donaldson Company's balance sheet health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:DCI
Donaldson Company
Manufactures and sells filtration systems and replacement parts worldwide.
Outstanding track record with flawless balance sheet and pays a dividend.