Nordson Corporation | Large-cap | Industrials

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Apr 2025

Income 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

Metric20242023202220212020
Revenue i2.7B2.6B2.6B2.4B2.1B
Cost of Goods Sold i1.2B1.2B1.2B1.0B990.6M
Gross Profit i1.5B1.4B1.4B1.3B1.1B
Gross Margin % i55.2%54.2%55.1%56.1%53.3%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i812.1M752.6M724.2M709.0M693.6M
Other Operating Expenses i-----
Total Operating Expenses i812.1M752.6M724.2M709.0M693.6M
Operating Income i674.0M672.8M702.4M615.1M436.9M
Operating Margin % i25.1%25.6%27.1%26.0%20.6%
Non-Operating Items
Interest Income i4.9M2.7M2.0M2.2M1.7M
Interest Expense i88.9M59.5M22.4M25.5M32.2M
Other Non-Operating Income-4.5M-597.0K-32.7M-17.6M-104.9M
Pre-tax Income i585.5M615.3M649.3M574.2M301.5M
Income Tax i118.2M127.8M136.2M119.8M52.0M
Effective Tax Rate % i20.2%20.8%21.0%20.9%17.2%
Net Income i467.3M487.5M513.1M454.4M249.5M
Net Margin % i17.4%18.5%19.8%19.2%11.8%
Key Metrics
EBITDA i810.6M786.7M771.6M703.6M534.3M
EPS (Basic) i$8.17$8.54$8.90$7.82$4.32
EPS (Diluted) i$8.11$8.46$8.81$7.74$4.27
Basic Shares Outstanding i5717600057090000576290005809100057757000
Diluted Shares Outstanding i5717600057090000576290005809100057757000

Income Statement Trend

Nordson Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i116.0M115.7M163.5M300.0M208.3M
Short-term Investments i-----
Accounts Receivable i561.6M548.4M502.1M479.6M445.4M
Inventory i476.9M454.8M383.4M327.2M277.0M
Other Current Assets87.5M68.0M48.8M--
Total Current Assets i1.3B1.2B1.1B1.2B1.0B
Non-Current Assets
Property, Plant & Equipment i123.0M134.6M129.8M148.4M154.7M
Goodwill i7.3B6.2B3.9B3.8B3.8B
Intangible Assets i740.8M672.7M329.4M357.4M407.6M
Long-term Investments-----
Other Non-Current Assets66.0M66.5M97.6M89.2M52.4M
Total Non-Current Assets i4.7B4.0B2.7B2.6B2.7B
Total Assets i6.0B5.3B3.8B3.8B3.7B
Liabilities
Current Liabilities
Accounts Payable i97.8M106.3M99.3M91.7M70.9M
Short-term Debt i126.3M137.4M413.2M57.2M60.9M
Current Portion of Long-term Debt-----
Other Current Liabilities16.2M10.4M11.7M-13.1M
Total Current Liabilities i528.5M582.1M834.2M445.4M363.1M
Non-Current Liabilities
Long-term Debt i2.2B1.7B447.3M894.3M1.2B
Deferred Tax Liabilities i205.7M210.6M110.8M88.5M67.0M
Other Non-Current Liabilities42.1M44.2M36.4M40.4M47.1M
Total Non-Current Liabilities i2.5B2.1B691.8M1.2B1.6B
Total Liabilities i3.1B2.7B1.5B1.6B1.9B
Equity
Common Stock i12.3M12.3M12.3M12.3M12.3M
Retained Earnings i4.3B4.0B3.7B3.3B2.9B
Treasury Stock i1.9B1.9B1.8B1.5B1.5B
Other Equity-----
Total Shareholders Equity i2.9B2.6B2.3B2.2B1.8B
Key Metrics
Total Debt i2.3B1.9B860.5M951.5M1.2B
Working Capital i746.6M647.2M298.8M719.4M657.5M

Balance Sheet Composition

Nordson Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i467.3M487.5M513.1M454.4M249.5M
Depreciation & Amortization i136.2M111.9M99.9M103.9M113.3M
Stock-Based Compensation i19.0M22.7M30.7M22.8M12.9M
Working Capital Changes i-37.4M51.4M-168.4M-81.1M46.4M
Operating Cash Flow i569.8M665.5M465.9M508.9M411.9M
Investing Activities
Capital Expenditures i-64.3M-34.5M-51.1M-38.1M-49.7M
Acquisitions i-790.0M-1.4B-171.6M0-142.4M
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-844.4M-1.4B-222.8M-33.2M-194.1M
Financing Activities
Share Repurchases i-33.3M-89.7M-262.9M-61.0M-52.6M
Dividends Paid i-161.4M-150.4M-125.9M-97.7M-88.3M
Debt Issuance i783.0M2.2B63.1M9.4M165.7M
Debt Repayment i-324.8M-1.2B-102.4M-305.5M-327.2M
Financing Cash Flow i294.5M750.5M-416.0M-422.9M-251.5M
Free Cash Flow i491.8M606.7M461.7M507.6M451.9M
Net Change in Cash i19.9M-20.9M-172.9M52.8M-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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
ndsn12.5B28.044.2115.59%16.34%74.48
GE Vernova 175.2B151.4619.1811.41%3.16%10.65
Eaton 142.4B36.777.6620.73%15.10%62.39
Parker Hannifin 96.1B28.017.0227.41%17.79%69.29
Emerson Electric 79.8B34.733.839.16%14.92%74.77
Illinois Tool Works 77.1B23.1423.92109.02%21.31%278.33

Financial data is updated regularly. All figures are in the company's reporting currency.