DONALDSON COMPANY Reports Fourth Quarter Earnings of USD 879.5 Million, Down 1.2% Year-on-Year
September 1, 2023
🌥️Earnings Overview
On August 29 2023, Donaldson Company ($NYSE:DCI) announced the earnings results for their fiscal year 2023 fourth quarter, noting total revenue of USD 879.5 million, a reduction of 1.2% from the same quarter in the prior year. Additionally, net income in the fourth quarter was USD 91.9 million, representing a decline of 9.1% compared to the previous year.
Analysis
GoodWhale has conducted an in-depth analysis of DONALDSON COMPANY‘s wellbeing. Their Risk Rating indicates that DONALDSON COMPANY is a medium risk investment in terms of financial and business aspects. Additionally, GoodWhale has detected two risk warnings in the balance sheet, both non-financial. If you would like to find out more about DONALDSON COMPANY’s potential risks, register on goodwhale.com and you can gain access to more detailed information. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Donaldson Company. More…
| Total Revenues | Net Income | Net Margin |
| 3.43k | 358.8 | 10.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Donaldson Company. More…
| Operations | Investing | Financing |
| 544.5 | -327.3 | -222.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Donaldson Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.77k | 1.45k | 10.71 |
Key Ratios Snapshot
Some of the financial key ratios for Donaldson Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.9% | 12.2% | 14.2% |
| FCF Margin | ROE | ROA |
| 12.4% | 23.5% | 11.0% |
Peers
The competition between Donaldson Co Inc and its competitors is fierce. JE Cleantech Holdings Ltd, Franklin Electric Co Inc, and ItN Nanovation AG are all vying for market share in the highly competitive clean technology industry. Each company has its own unique strengths and weaknesses, and it will be interesting to see how the competition plays out over the next few years.
– JE Cleantech Holdings Ltd ($NASDAQ:JCSE)
JE Cleantech Holdings Ltd is a clean technology company that provides sustainable solutions for the global energy and environmental challenges. The company has a market cap of 13.32M as of 2022 and a Return on Equity of -2.6%. JE Cleantech Holdings Ltd operates in three segments: Clean Technology, Renewable Energy, and Sustainable Development. The company offers products and services in the areas of clean technology, renewable energy, and sustainable development.
– Franklin Electric Co Inc ($NASDAQ:FELE)
Franklin Electric Co Inc is a global leader in the development and manufacturing of systems and components for the movement of water and fuel. The company has a market cap of $3.86 billion and a return on equity of 15.33%. Franklin Electric serves customers in more than 150 countries through a network of subsidiaries and distributors. The company’s products are used in a variety of applications, including residential, commercial, agricultural, industrial, and municipal.
– ItN Nanovation AG ($LTS:0ERG)
Nanovation AG is a German company that manufactures nanomaterials and nanotechnology products. The company has a market cap of 3.75 million euros and a return on equity of -20.89%. Nanovation AG’s products are used in a variety of industries, including automotive, electronics, and medical devices.
Summary
Donaldson Company has released its fourth quarter fiscal year 2023 earnings results, showing a 1.2% decrease in total revenue from the previous year. Net income also declined by 9.1%. Despite this, the stock price moved up the same day, suggesting that investors are still bullish on the company’s prospects. The company’s financial performance is a key indicator for investors, and it may be worth keeping track of the company’s performance in the future to assess if this upward trend can be sustained.
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