What is Donaldson Inc 's ROA in the second quarter of 2024?
Donaldson Company Inc achieved a return on average assets (ROA) of
13.69 % in its second quarter of 2024, this is above DCI's average return on assets of 12.24%.
Donaldson Company Inc s assets during the 12 months ending in the second quarter of 2024 are valued at $2 billion
ROA has improved compared to 13.48% in the first quarter of 2024, due to net income growth.
However, within the
Capital Goods sector 32 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jan 31 2024 quarter, so far to
257, from total ROA ranking in the first quarter of 2024 at
396.
What is ROA?