What is ROE for Donaldson Inc in the second quarter 2024?
Donaldson Company Inc achieved a return on average equity (ROE) of
28.24 % in its second quarter 2024, this is above DCI's average return on equity of 26.38%.
Donaldson Company Inc shareholder's equity over the 12 months ending in its second quarter 2024 are valued at $1,333 million
ROE fell compared to the first quarter 2024, despite the net income growth of 7.17% from the first quarter 2024.
Within the
Industrial Machinery and Components industry 13 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
259, from total ROE ranking in the first quarter 2024 at
402.
What is ROE?