Nordson Corporation (NDSN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$3.09	$3.25	+5.2%	—	—	—
Q1 27	$2.82	$2.86	+1.4%	—	—	—
Q4 26	$2.37	$2.37	0.0%	—	—	—
Q3 26	$2.93	$3.03	+3.4%	—	—	—
Q2 26	$2.01	$1.97	-2.0%	—	—	—
Q1 26	$2.36	$2.42	+2.5%	—	—	—
Q4 25	$2.08	$2.06	-1.0%	—	—	—
Q3 25	$2.59	$2.78	+7.3%	—	—	—
Q2 25	$2.34	$2.41	+3.0%	—	—	—
Q1 25	$2.32	$2.34	+0.9%	—	—	—
Q4 24	$2.09	$2.21	+5.7%	—	—	—
Q3 24	$2.39	$2.46	+2.9%	—	—	—
Q2 24	$2.32	$2.35	+1.3%	—	—	—
Q1 24	$2.11	$2.26	+7.1%	—	—	—
Q4 23	$1.97	$1.95	-1.0%	—	—	—
Q3 23	$2.33	$2.44	+4.7%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$8.56	—	—	$2.8B	—
FY24	—	$8.17	—	—	$2.7B	—
FY23	—	$8.54	—	—	$2.6B	—
FY22	—	$8.9	—	—	$2.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.8B	$2.1B	$2.3B	$2.2B	$2.1B	$2.4B	$2.6B	$2.6B	$2.7B	$2.8B
YoY change	+7.13%	+14.3%	+9.08%	-2.68%	-3.33%	+11.4%	+9.65%	+1.48%	+2.33%	+3.78%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.8B	2.1B	2.3B	2.2B	2.1B	2.4B	2.6B	2.6B	2.7B	2.8B
Cost of revenue	815.5M	927.7M	1B	1B	990.6M	1B	1.2B	1.2B	1.2B	1.3B
Gross profit	993.5M	1.1B	1.2B	1.2B	1.1B	1.3B	1.4B	1.4B	1.5B	1.5B
Gross margin	54.9%	55.1%	54.8%	54.3%	53.3%	56.1%	55.1%	54.2%	55.2%	55.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	605.1M	672.9M	733.7M	709M	693.6M	709M	724.2M	752.6M	812.1M	815.5M
Operating expenses	605.1M	672.9M	733.7M	709M	693.6M	709M	724.2M	752.6M	812.1M	815.5M
Operating income	388.4M	466.4M	502.6M	483.1M	436.9M	615.1M	702.4M	672.8M	674M	724.3M
Operating margin	21.5%	22.6%	22.3%	22%	20.6%	26%	27.1%	25.6%	25.1%	25.9%
Non-operating income, net	657K	-10.6M	-5.9M	-6.7M	-104.9M	-17.6M	-32.7M	-597K	-4.5M	-25.5M
Pretax income	368.5M	420.3M	448.5M	431.1M	301.5M	574.2M	649.3M	615.3M	585.5M	597.6M
Income tax	96.7M	124.5M	71.1M	94M	52M	119.8M	136.2M	127.8M	118.2M	113.2M
Net income	271.8M	295.8M	377.4M	337.1M	249.5M	454.4M	513.1M	487.5M	467.3M	484.5M
Net margin	15%	14.3%	16.7%	15.4%	11.8%	19.2%	19.8%	18.5%	17.4%	17.4%
EBITDA	460.1M	547.7M	606.5M	588.5M	534.3M	703.5M	771.6M	786.7M	810.6M	864.9M
EPS	4.76	5.14	6.51	5.87	4.32	7.82	8.9	8.54	8.17	8.56
Diluted EPS	4.73	5.08	6.4	5.79	4.27	7.74	8.81	8.46	8.11	8.51

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	719.3M	633.2M	650.6M	661.6M	744.5M	615.4M	682.9M	741.5M	751.8M	669.5M	740.8M	817.7M
Cost of revenue	335.2M	284.8M	284.8M	292.6M	341.7M	279.5M	309M	335M	328.4M	303.3M	336.8M	363.9M
Gross profit	384.1M	348.4M	365.9M	369M	402.8M	335.9M	373.9M	406.5M	423.5M	366.1M	404.1M	453.7M
Gross margin	53.4%	55%	56.2%	55.8%	54.1%	54.6%	54.7%	54.8%	56.3%	54.7%	54.5%	55.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	199.1M	189M	197.3M	201.9M	223.9M	194.9M	205.2M	206.5M	208.9M	199.7M	206.9M	230.6M
Operating expenses	199.1M	189M	197.3M	201.9M	223.9M	194.9M	205.2M	206.5M	208.9M	199.7M	206.9M	230.6M
Operating income	185M	159.4M	168.6M	167.1M	178.9M	140.9M	168.8M	200M	214.6M	166.4M	197.2M	223.1M
Operating margin	25.7%	25.2%	25.9%	25.3%	24%	22.9%	24.7%	27%	28.5%	24.9%	26.6%	27.3%
Non-operating income, net	1.5M	-338K	-785K	152K	-3.5M	1.5M	-4M	-15.2M	-7.9M	20.8M	-34.4M	-16.8M
Pretax income	160.6M	138.7M	149.3M	149.4M	148.1M	116.9M	138.8M	159.1M	182.9M	164.5M	141.2M	185.9M
Income tax	32.8M	29.1M	31.1M	32.1M	25.9M	22.2M	26.4M	33.3M	31.3M	31.1M	23.9M	33.1M
Net income	127.8M	109.6M	118.2M	117.3M	122.2M	94.7M	112.4M	125.8M	151.6M	133.4M	117.3M	152.8M
Net margin	17.8%	17.3%	18.2%	17.7%	16.4%	15.4%	16.5%	17%	20.2%	19.9%	15.8%	18.7%
EBITDA	218.8M	193.7M	202.1M	201.6M	213.2M	180.4M	202.9M	235.4M	246.1M	224.2M	199.4M	243.3M
EPS	2.24	1.92	2.07	2.05	2.14	1.66	1.98	2.23	2.7	2.39	2.1	2.74
Diluted EPS	2.22	1.9	2.05	2.04	2.12	1.65	1.97	2.22	2.69	2.38	2.09	2.73

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	5.7B	7.3B	7.1B	9B	11.2B	14.8B	13B	12.1B	14.2B	13.1B	18.5B
Enterprise value	6.6B	8.8B	8.3B	10.1B	12.2B	15.4B	13.7B	13.9B	16.4B	15.1B	19.8B
Shares outstanding	57.1M	57.5M	58M	57.5M	57.8M	58.1M	57.6M	57.1M	57.2M	56.6M	56.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	21	24.6	18.8	26.7	44.8	32.5	25.3	24.9	30.3	27.1	33
P/S	3.16	3.53	3.15	4.11	5.27	6.25	5.01	4.62	5.27	4.7	6.09
P/B	6.71	6.31	4.9	5.7	6.35	6.84	5.65	4.67	4.83	4.31	5.55
EV/EBITDA	14.4	16.1	13.8	17.2	22.9	21.9	17.7	17.6	20.2	17.5	20.7
EV/Sales	3.67	4.26	3.7	4.61	5.76	6.53	5.27	5.28	6.09	5.41	6.66
Earnings yield	4.76%	4.06%	5.31%	3.74%	2.23%	3.08%	3.96%	4.02%	3.3%	3.69%	3.03%
FCF yield	4.79%	3.91%	5.83%	3.54%	4.04%	3.44%	3.56%	5%	3.47%	5.04%	3.32%
PEG	—	—	—	—	—	—	—	—	—	—	1.44

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	54.9%	55.1%	54.8%	54.3%	53.3%	56.1%	55.1%	54.2%	55.2%	55.2%	55.5%
Operating margin	21.5%	22.6%	22.3%	22%	20.6%	26%	27.1%	25.6%	25.1%	25.9%	27.4%
Net margin	15%	14.3%	16.7%	15.4%	11.8%	19.2%	19.8%	18.5%	17.4%	17.4%	18.6%
ROE	31.9%	25.6%	26%	21.3%	14.2%	21%	22.4%	18.8%	15.9%	15.9%	17.8%
ROA	11.2%	8.66%	11%	9.59%	6.79%	12%	13.4%	9.28%	7.79%	8.19%	8.47%
ROIC	16.1%	12.3%	15.8%	14%	12.9%	17.3%	18.6%	12.3%	10.5%	11.7%	13.3%
Return on tangible assets	-86.5%	-34.5%	-47.5%	-55.8%	-44%	-129.8%	-114.6%	-29.3%	-22.9%	-23.6%	-28.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.25	1.37	2.52	2.12	2.81	2.62	1.36	2.11	2.41	1.64	1.82
Quick ratio	1.58	0.96	1.77	1.52	2.05	1.88	0.9	1.33	1.51	1.05	1.18
Debt / equity	1.17	1.38	0.92	0.8	0.71	0.44	0.38	0.72	0.79	0.69	0.56
Debt / assets	0.41	0.47	0.39	0.36	0.34	0.25	0.23	0.35	0.39	0.35	0.31
Net debt / EBITDA	2.02	2.75	2.03	1.88	1.95	0.93	0.9	2.22	2.72	2.29	1.87
Interest coverage	18.3	12.5	10	10.1	10.4	23.5	30	11.3	7.58	6.74	8.44
Effective tax rate	26.2%	29.6%	15.9%	21.8%	17.2%	20.9%	21%	20.8%	20.2%	18.9%	17.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	31.7	35.9	38.9	38.2	36.7	40.7	44.9	46	47	49.3	53.4
EPS (basic)	4.76	5.14	6.51	5.87	4.32	7.82	8.9	8.54	8.17	8.56	8.56
EPS (diluted)	4.73	5.08	6.4	5.79	4.27	7.74	8.81	8.46	8.11	8.51	9.87
Book value per share	14.9	20.1	25	27.5	30.5	37.2	39.8	45.5	51.3	53.8	58.7
FCF per share	4.8	4.96	7.16	5.55	7.82	8.74	8.01	10.6	8.6	11.7	12.9
Cash per share	1.18	1.57	1.65	2.63	3.61	5.16	2.84	2.03	2.03	1.92	2.04
Capex per share	1.04	1.17	1.54	1.1	0.86	0.66	0.89	0.6	1.13	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.29%	3.27%	3.96%	2.87%	2.34%	1.61%	1.97%	1.31%	2.39%	—	—
Capex / operating cash flow	18.6%	19.5%	17.6%	15.8%	12.1%	7.49%	11%	5.18%	11.3%	—	—
Payout ratio	20.8%	21.6%	19.2%	24.4%	35.4%	21.5%	24.5%	30.8%	34.5%	37%	33.2%
Dividend yield	0.99%	0.88%	1.02%	0.91%	0.79%	0.66%	0.97%	1.24%	1.14%	1.36%	1.13%

Yield

1.13%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.94

ex-dividend Sep 10, 2026

Payout ratio

33%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 10, 2026	$0.94
Jun 18, 2026	$0.82
Mar 19, 2026	$0.82

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$719.3M	$633.2M	$650.6M	$661.6M	$744.5M	$615.4M	$682.9M	$741.5M	$751.8M	$669.5M	$740.8M	$817.7M
YoY change	+5.23%	+3.72%	+0.07%	+1.99%	+3.5%	-2.81%	+4.96%	+12.1%	+0.99%	+8.78%	+8.48%	+10.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	67.2M	90.4M	95.7M	151.2M	208.3M	300M	163.5M	115.7M	116M	108.4M
Receivables	415.3M	491.2M	475.6M	506.3M	445.4M	479.6M	502.1M	548.4M	561.6M	553.3M
Inventory	220.4M	264.3M	264.5M	283.4M	277M	327.2M	383.4M	454.8M	476.9M	444.8M
Total current assets	745.6M	888.4M	884.1M	1B	1B	1.2B	1.1B	1.2B	1.3B	1.2B
Property, plant & equipment	103.1M	155.8M	134.5M	142.7M	227.1M	203M	184.3M	204.8M	283.4M	234.4M
Goodwill & intangibles	2.7B	4.3B	4.2B	4.1B	4.2B	4.1B	4.3B	6.9B	8B	8B
Total assets	2.4B	3.4B	3.4B	3.5B	3.7B	3.8B	3.8B	5.3B	6B	5.9B
Accounts payable	75.1M	86M	83.6M	85.1M	70.9M	91.7M	99.3M	106.3M	97.8M	121M
Short-term debt	44.7M	331.4M	33.3M	174.1M	60.9M	57.2M	413.2M	137.4M	126.3M	338.3M
Total current liabilities	331.5M	647.7M	350.3M	477.6M	363.1M	445.4M	834.2M	582.1M	528.5M	758.3M
Long-term debt	952.5M	1.3B	1.3B	1.1B	1.2B	894.3M	447.3M	1.7B	2.2B	1.8B
Total liabilities	1.6B	2.3B	2B	1.9B	1.9B	1.6B	1.5B	2.7B	3.1B	2.9B
Shareholders' equity	851.6M	1.2B	1.5B	1.6B	1.8B	2.2B	2.3B	2.6B	2.9B	3B
Total debt	997.2M	1.6B	1.3B	1.3B	1.2B	951.5M	860.5M	1.9B	2.3B	2.1B
Net debt	929.9M	1.5B	1.2B	1.1B	1B	651.6M	697M	1.7B	2.2B	2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	115.7M	136.2M	125.4M	165.3M	116M	130.4M	130.2M	147.8M	108.4M	120.4M	102M	113.4M
Receivables	548.4M	537.7M	530.3M	538.5M	561.6M	531.3M	624.1M	589M	553.3M	571.6M	606.7M	648.8M
Inventory	454.8M	451.2M	443.6M	438.2M	476.9M	472.2M	473.7M	459.3M	444.8M	451.1M	467.8M	469.3M
Total current assets	1.2B	1.2B	1.2B	1.2B	1.3B	1.2B	1.3B	1.3B	1.2B	1.3B	1.3B	1.3B
Property, plant & equipment	204.8M	203.1M	192.9M	208.4M	283.4M	263.3M	264.1M	244.5M	234.4M	228.1M	222.5M	214.1M
Goodwill & intangibles	6.9B	6.9B	6.9B	6.8B	8B	7.9B	8.1B	8B	8B	8B	8B	7.9B
Total assets	5.3B	5.2B	5.2B	5.2B	6B	5.9B	6.1B	6B	5.9B	6B	6B	5.9B
Accounts payable	106.3M	103.2M	103.2M	98.3M	97.8M	88.5M	119.9M	129.5M	121M	117.7M	141.9M	154.6M
Short-term debt	137.4M	138.5M	141M	118.7M	126.3M	122.9M	118M	359.2M	338.3M	76.5M	75.3M	227.1M
Total current liabilities	582.1M	551.7M	536M	518.3M	528.5M	484.1M	516.6M	783.1M	758.3M	460M	491.9M	728.5M
Long-term debt	1.7B	1.6B	1.5B	1.5B	2.2B	2.2B	2.2B	1.9B	1.8B	2B	1.9B	1.6B
Total liabilities	2.7B	2.5B	2.4B	2.4B	3.1B	3B	3.1B	3B	2.9B	2.8B	2.8B	2.7B
Shareholders' equity	2.6B	2.7B	2.8B	2.9B	2.9B	2.9B	3B	3B	3B	3.1B	3.2B	3.3B
Total debt	1.9B	1.8B	1.7B	1.6B	2.3B	2.3B	2.3B	2.2B	2.1B	2.1B	2B	1.8B
Net debt	1.7B	1.6B	1.5B	1.4B	2.2B	2.2B	2.2B	2.1B	2B	2B	1.9B	1.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	271.8M	295.8M	377.4M	337.1M	249.5M	454.4M	513.1M	487.5M	467.3M	484.5M
Depreciation & amortization	70.3M	90.9M	108.4M	110.2M	113.3M	103.9M	99.9M	111.9M	136.2M	150.5M
Stock-based compensation	18.2M	20.2M	21.6M	18.1M	12.9M	22.8M	30.7M	22.7M	19M	18.9M
Change in working capital	-39.8M	-63.2M	32.8M	-60.3M	46.4M	-81.1M	-168.4M	51.4M	-37.4M	56.2M
Operating cash flow	319.9M	345.9M	507.6M	399.5M	411.9M	508.9M	465.9M	665.5M	569.8M	719.2M
Capital expenditure	-59.6M	-67.6M	-89.3M	-63M	-49.7M	-38.1M	-51.1M	-34.5M	-64.3M	—
Investing cash flow	-102.2M	-878M	-139.9M	-76.3M	-194.1M	-33.2M	-222.8M	-1.4B	-844.4M	31.1M
Dividends paid	-56.4M	-63.8M	-72.4M	-82.1M	-88.3M	-97.7M	-125.9M	-150.4M	-161.4M	-179.1M
Share repurchases	-33.4M	-3.2M	-24M	-120.5M	-52.6M	-61M	-262.9M	-89.7M	-33.3M	-306.4M
Financing cash flow	-225.8M	532.6M	-354.7M	-251.1M	-251.5M	-422.9M	-416M	750.5M	294.5M	-706.4M
Net change in cash	-8.1M	541K	13M	72.1M	-33.8M	52.8M	-172.9M	-20.9M	19.9M	43.8M
Free cash flow	273.8M	285.2M	414.8M	318.6M	451.9M	507.6M	461.7M	606.7M	491.8M	661.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	127.8M	109.6M	118.2M	117.3M	122.2M	94.7M	112.4M	125.8M	151.6M	133.4M	117.3M	152.8M
Depreciation & amortization	31.3M	33.5M	32.7M	33.4M	36.5M	37M	37.6M	37.8M	38.1M	36.6M	36.3M	36.5M
Stock-based compensation	5.6M	4.7M	5.4M	4.5M	4.4M	4.6M	4.8M	3.8M	5.7M	4.9M	6.1M	6.5M
Change in working capital	—	22.7M	—	—	—	—	—	—	—	—	—	—
Operating cash flow	137.7M	172.3M	147.8M	155.8M	148.1M	134.7M	153.8M	238M	202.9M	140.4M	180.7M	249.4M
Capital expenditure	-10.3M	-7.5M	-14.4M	-21.8M	-20.6M	-21.1M	-16M	—	—	—	—	—
Investing cash flow	-1.1B	-5.7M	-9.5M	-19.7M	-809.5M	-14.3M	-12.8M	-6.1M	-1M	-1.3M	-533K	-2.8M
Dividends paid	-38.8M	-38.9M	-38.9M	-39M	-44.6M	-44.6M	-44.3M	-44.1M	-46.1M	-45.8M	-45.9M	-45.7M
Share repurchases	-11.5M	-7.4M	-556K	-26.2M	766K	-60.1M	-86.2M	-71.9M	-88.2M	-86M	-43.3M	-29.5M
Financing cash flow	852.6M	-140.5M	-125.3M	-104.9M	665.1M	-127.6M	-113.2M	-203.7M	-261.9M	-112.2M	-176.6M	-413.9M
Net change in cash	-65M	26.1M	13.1M	31.2M	3.7M	-7.2M	27.7M	28.2M	-60M	26.9M	3.6M	-167.3M
Free cash flow	152.9M	164.8M	108.2M	143M	75.8M	137.7M	103.1M	226.4M	193.9M	122.9M	170.5M	236.8M

Date	Ratio
Apr 13, 2011	2:1
Sep 13, 2000	2:1
Sep 25, 1991	2:1
May 1, 1987	3:2
Jan 4, 1984	3:2

Nordson Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history