
Nordson (NDSN) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Apr 2025Income Metrics
Revenue
682.9M
Gross Profit
373.9M
54.75%
Operating Income
168.8M
24.71%
Net Income
112.4M
16.46%
EPS (Diluted)
$1.97
Balance Sheet Metrics
Total Assets
6.1B
Total Liabilities
3.1B
Shareholders Equity
3.0B
Debt to Equity
1.05
Cash Flow Metrics
Operating Cash Flow
153.8M
Free Cash Flow
103.1M
Revenue & Profitability Trend
Nordson Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 2.7B | 2.6B | 2.6B | 2.4B | 2.1B |
Cost of Goods Sold | 1.2B | 1.2B | 1.2B | 1.0B | 990.6M |
Gross Profit | 1.5B | 1.4B | 1.4B | 1.3B | 1.1B |
Gross Margin % | 55.2% | 54.2% | 55.1% | 56.1% | 53.3% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 812.1M | 752.6M | 724.2M | 709.0M | 693.6M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 812.1M | 752.6M | 724.2M | 709.0M | 693.6M |
Operating Income | 674.0M | 672.8M | 702.4M | 615.1M | 436.9M |
Operating Margin % | 25.1% | 25.6% | 27.1% | 26.0% | 20.6% |
Non-Operating Items | |||||
Interest Income | 4.9M | 2.7M | 2.0M | 2.2M | 1.7M |
Interest Expense | 88.9M | 59.5M | 22.4M | 25.5M | 32.2M |
Other Non-Operating Income | -4.5M | -597.0K | -32.7M | -17.6M | -104.9M |
Pre-tax Income | 585.5M | 615.3M | 649.3M | 574.2M | 301.5M |
Income Tax | 118.2M | 127.8M | 136.2M | 119.8M | 52.0M |
Effective Tax Rate % | 20.2% | 20.8% | 21.0% | 20.9% | 17.2% |
Net Income | 467.3M | 487.5M | 513.1M | 454.4M | 249.5M |
Net Margin % | 17.4% | 18.5% | 19.8% | 19.2% | 11.8% |
Key Metrics | |||||
EBITDA | 810.6M | 786.7M | 771.6M | 703.6M | 534.3M |
EPS (Basic) | $8.17 | $8.54 | $8.90 | $7.82 | $4.32 |
EPS (Diluted) | $8.11 | $8.46 | $8.81 | $7.74 | $4.27 |
Basic Shares Outstanding | 57176000 | 57090000 | 57629000 | 58091000 | 57757000 |
Diluted Shares Outstanding | 57176000 | 57090000 | 57629000 | 58091000 | 57757000 |
Income Statement Trend
Nordson Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 116.0M | 115.7M | 163.5M | 300.0M | 208.3M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 561.6M | 548.4M | 502.1M | 479.6M | 445.4M |
Inventory | 476.9M | 454.8M | 383.4M | 327.2M | 277.0M |
Other Current Assets | 87.5M | 68.0M | 48.8M | - | - |
Total Current Assets | 1.3B | 1.2B | 1.1B | 1.2B | 1.0B |
Non-Current Assets | |||||
Property, Plant & Equipment | 123.0M | 134.6M | 129.8M | 148.4M | 154.7M |
Goodwill | 7.3B | 6.2B | 3.9B | 3.8B | 3.8B |
Intangible Assets | 740.8M | 672.7M | 329.4M | 357.4M | 407.6M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 66.0M | 66.5M | 97.6M | 89.2M | 52.4M |
Total Non-Current Assets | 4.7B | 4.0B | 2.7B | 2.6B | 2.7B |
Total Assets | 6.0B | 5.3B | 3.8B | 3.8B | 3.7B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 97.8M | 106.3M | 99.3M | 91.7M | 70.9M |
Short-term Debt | 126.3M | 137.4M | 413.2M | 57.2M | 60.9M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 16.2M | 10.4M | 11.7M | - | 13.1M |
Total Current Liabilities | 528.5M | 582.1M | 834.2M | 445.4M | 363.1M |
Non-Current Liabilities | |||||
Long-term Debt | 2.2B | 1.7B | 447.3M | 894.3M | 1.2B |
Deferred Tax Liabilities | 205.7M | 210.6M | 110.8M | 88.5M | 67.0M |
Other Non-Current Liabilities | 42.1M | 44.2M | 36.4M | 40.4M | 47.1M |
Total Non-Current Liabilities | 2.5B | 2.1B | 691.8M | 1.2B | 1.6B |
Total Liabilities | 3.1B | 2.7B | 1.5B | 1.6B | 1.9B |
Equity | |||||
Common Stock | 12.3M | 12.3M | 12.3M | 12.3M | 12.3M |
Retained Earnings | 4.3B | 4.0B | 3.7B | 3.3B | 2.9B |
Treasury Stock | 1.9B | 1.9B | 1.8B | 1.5B | 1.5B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 2.9B | 2.6B | 2.3B | 2.2B | 1.8B |
Key Metrics | |||||
Total Debt | 2.3B | 1.9B | 860.5M | 951.5M | 1.2B |
Working Capital | 746.6M | 647.2M | 298.8M | 719.4M | 657.5M |
Balance Sheet Composition
Nordson Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 467.3M | 487.5M | 513.1M | 454.4M | 249.5M |
Depreciation & Amortization | 136.2M | 111.9M | 99.9M | 103.9M | 113.3M |
Stock-Based Compensation | 19.0M | 22.7M | 30.7M | 22.8M | 12.9M |
Working Capital Changes | -37.4M | 51.4M | -168.4M | -81.1M | 46.4M |
Operating Cash Flow | 569.8M | 665.5M | 465.9M | 508.9M | 411.9M |
Investing Activities | |||||
Capital Expenditures | -64.3M | -34.5M | -51.1M | -38.1M | -49.7M |
Acquisitions | -790.0M | -1.4B | -171.6M | 0 | -142.4M |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | -844.4M | -1.4B | -222.8M | -33.2M | -194.1M |
Financing Activities | |||||
Share Repurchases | -33.3M | -89.7M | -262.9M | -61.0M | -52.6M |
Dividends Paid | -161.4M | -150.4M | -125.9M | -97.7M | -88.3M |
Debt Issuance | 783.0M | 2.2B | 63.1M | 9.4M | 165.7M |
Debt Repayment | -324.8M | -1.2B | -102.4M | -305.5M | -327.2M |
Financing Cash Flow | 294.5M | 750.5M | -416.0M | -422.9M | -251.5M |
Free Cash Flow | 491.8M | 606.7M | 461.7M | 507.6M | 451.9M |
Net Change in Cash | 19.9M | -20.9M | -172.9M | 52.8M | -33.8M |
Cash Flow Trend
Nordson Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
28.04
Forward P/E
21.44
Price to Book
4.21
Price to Sales
4.50
PEG Ratio
21.44
Profitability Ratios
Profit Margin
16.34%
Operating Margin
25.53%
Return on Equity
15.59%
Return on Assets
7.61%
Financial Health
Current Ratio
1.69
Debt to Equity
74.48
Beta
0.94
Per Share Data
EPS (TTM)
$7.96
Book Value per Share
$53.07
Revenue per Share
$48.95
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
ndsn | 12.5B | 28.04 | 4.21 | 15.59% | 16.34% | 74.48 |
GE Vernova | 175.2B | 151.46 | 19.18 | 11.41% | 3.16% | 10.65 |
Eaton | 142.4B | 36.77 | 7.66 | 20.73% | 15.10% | 62.39 |
Parker Hannifin | 96.1B | 28.01 | 7.02 | 27.41% | 17.79% | 69.29 |
Emerson Electric | 79.8B | 34.73 | 3.83 | 9.16% | 14.92% | 74.77 |
Illinois Tool Works | 77.1B | 23.14 | 23.92 | 109.02% | 21.31% | 278.33 |
Financial data is updated regularly. All figures are in the company's reporting currency.