Nordson Corp Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Nordson Corp has an operating margin of 25.5%, meaning the company retains $25 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 25.1% the prior year.
Nordson Corp's revenue grew a modest 3.8% year-over-year to $2.8B. This slow but positive growth earns a score of 39/100.
Nordson Corp carries a low D/E ratio of 0.55, meaning only $0.55 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
Nordson Corp's current ratio of 1.64 indicates adequate short-term liquidity, earning a score of 46/100. The company can meet its near-term obligations, though with limited headroom.
Nordson Corp converts 23.7% of revenue into free cash flow ($661.1M). This strong cash generation earns a score of 100/100.
Nordson Corp's ROE of 15.9% shows moderate profitability relative to equity, earning a score of 64/100. This is down from 16.2% the prior year.
Nordson Corp scores 5.52, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($16.6B) relative to total liabilities ($2.9B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Nordson Corp passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Nordson Corp generates $1.48 in operating cash flow ($719.2M OCF vs $484.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Nordson Corp earns $6.8 in operating income for every $1 of interest expense ($711.7M vs $104.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Nordson Corp (NDSN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Nordson Corp generated $2.8B in revenue in fiscal year 2025. This represents an increase of 3.8% from the prior year.
Nordson Corp's EBITDA was $791.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.3% from the prior year.
Nordson Corp generated $661.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 34.4% from the prior year.
Nordson Corp reported $484.5M in net income in fiscal year 2025. This represents an increase of 3.7% from the prior year.
Nordson Corp earned $8.51 per diluted share (EPS) in fiscal year 2025. This represents an increase of 4.9% from the prior year.
Nordson Corp held $108.4M in cash against $1.7B in long-term debt as of fiscal year 2025.
Nordson Corp paid $3.16 per share in dividends in fiscal year 2025. This represents an increase of 12.1% from the prior year.
Nordson Corp had 56M shares outstanding in fiscal year 2025. This represents a decrease of 2.1% from the prior year.
Nordson Corp's gross margin was 55.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
Nordson Corp's operating margin was 25.5% in fiscal year 2025, reflecting core business profitability. This is up 0.4 percentage points from the prior year.
Nordson Corp's net profit margin was 17.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.0 percentage points from the prior year.
Nordson Corp's ROE was 15.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.
Nordson Corp invested $68.2M in research and development in fiscal year 2025. This represents an increase of 5.0% from the prior year.
Nordson Corp spent $306.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 818.9% from the prior year.
Nordson Corp invested $58.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 9.9% from the prior year.
NDSN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $741.5M+8.6% | $682.9M+11.0% | $615.4M-7.0% | $661.6M+1.7% | $650.6M+2.8% | $633.2M-2.4% | $648.7M-0.2% | $650.2M |
| Cost of Revenue | $335.0M+8.4% | $309.0M+10.6% | $279.5M-4.5% | $292.6M+2.8% | $284.8M0.0% | $284.8M-1.2% | $288.4M-3.2% | $298.0M |
| Gross Profit | $406.5M+8.7% | $373.9M+11.3% | $335.9M-9.0% | $369.0M+0.9% | $365.9M+5.0% | $348.4M-3.3% | $360.3M+2.3% | $352.1M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $206.5M+0.7% | $205.2M+5.2% | $194.9M-3.5% | $201.9M+2.4% | $197.3M+4.4% | $189.0M-0.2% | $189.3M+5.4% | $179.6M |
| Operating Income | $187.8M+11.3% | $168.8M+19.7% | $140.9M-15.6% | $167.1M-0.9% | $168.6M+5.8% | $159.4M-6.8% | $171.0M-0.9% | $172.5M |
| Interest Expense | $26.3M-1.2% | $26.6M0.0% | $26.6M+41.2% | $18.8M-6.5% | $20.1M-6.2% | $21.4M+77.4% | $12.1M+22.0% | $9.9M |
| Income Tax | $33.3M+26.5% | $26.4M+18.7% | $22.2M-30.8% | $32.1M+3.4% | $31.1M+6.6% | $29.1M-14.7% | $34.2M+0.3% | $34.1M |
| Net Income | $125.8M+11.9% | $112.4M+18.8% | $94.7M-19.3% | $117.3M-0.8% | $118.2M+7.9% | $109.6M-14.3% | $127.9M+0.3% | $127.6M |
| EPS (Diluted) | $2.22+12.7% | $1.97+19.4% | $1.65-19.1% | $2.04-0.5% | $2.05+7.9% | $1.90-14.4% | $2.22+0.5% | $2.21 |
NDSN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.9B-2.4% | $6.1B+3.2% | $5.9B-2.2% | $6.0B+16.0% | $5.2B-1.4% | $5.2B-0.1% | $5.3B+25.2% | $4.2B |
| Current Assets | $1.2B-6.1% | $1.3B+8.0% | $1.2B-3.8% | $1.3B+7.5% | $1.2B-1.9% | $1.2B-1.7% | $1.2B+6.4% | $1.2B |
| Cash & Equivalents | $108.4M-16.7% | $130.2M-0.2% | $130.4M+12.5% | $116.0M-7.6% | $125.4M-7.9% | $136.2M+17.7% | $115.7M-10.4% | $129.1M |
| Inventory | $444.8M-6.1% | $473.7M+0.3% | $472.2M-1.0% | $476.9M+7.5% | $443.6M-1.7% | $451.2M-0.8% | $454.8M+3.3% | $440.2M |
| Accounts Receivable | $7.4M-5.2% | $7.8M-9.7% | $8.7M-11.4% | $9.8M-5.4% | $10.3M-1.3% | $10.5M+4.4% | $10.0M+28.0% | $7.8M |
| Goodwill | $3.3B-0.2% | $3.3B+2.1% | $3.2B-1.2% | $3.3B+17.9% | $2.8B-0.8% | $2.8B+0.8% | $2.8B+31.9% | $2.1B |
| Total Liabilities | $2.9B-7.3% | $3.1B+3.6% | $3.0B-2.4% | $3.1B+28.7% | $2.4B-5.5% | $2.5B-4.9% | $2.7B+56.5% | $1.7B |
| Current Liabilities | $758.3M+46.8% | $516.6M+6.7% | $484.1M-8.4% | $528.5M-1.4% | $536.0M-2.8% | $551.7M-5.2% | $582.1M-41.2% | $990.4M |
| Long-Term Debt | $1.7B-20.6% | $2.1B+1.6% | $2.1B-0.8% | $2.1B+48.6% | $1.4B-6.6% | $1.5B-6.6% | $1.6B+368.7% | $345.9M |
| Total Equity | $3.0B+2.8% | $3.0B+2.9% | $2.9B-1.9% | $2.9B+5.2% | $2.8B+2.4% | $2.7B+4.8% | $2.6B+4.0% | $2.5B |
| Retained Earnings | $4.6B+4.2% | $4.4B+1.6% | $4.3B+1.2% | $4.3B+3.8% | $4.1B+2.0% | $4.1B+1.8% | $4.0B+4.7% | $3.8B |
NDSN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $202.9M+70.3% | $119.2M-25.1% | $159.1M+65.1% | $96.4M-21.4% | $122.6M-28.9% | $172.4M+5.6% | $163.2M-0.8% | $164.6M |
| Capital Expenditures | $9.1M-43.5% | $16.0M-25.0% | $21.4M+3.8% | $20.6M+43.5% | $14.4M+90.9% | $7.5M-27.2% | $10.3M+71.0% | $6.0M |
| Free Cash Flow | $193.9M+88.0% | $103.1M-25.1% | $137.7M+81.8% | $75.8M-30.0% | $108.2M-34.3% | $164.8M+7.8% | $152.9M-3.6% | $158.5M |
| Investing Cash Flow | $18.0M+240.7% | -$12.8M+10.2% | -$14.3M+98.2% | -$809.5M-8464.4% | -$9.5M-65.1% | -$5.7M+99.4% | -$1.0B-17099.3% | -$6.0M |
| Financing Cash Flow | -$261.9M-131.3% | -$113.2M+11.2% | -$127.6M-119.2% | $665.1M+631.0% | -$125.3M+10.8% | -$140.5M-116.5% | $852.6M+665.1% | -$150.9M |
| Dividends Paid | $46.1M+3.9% | $44.3M-0.6% | $44.6M-0.1% | $44.6M+14.7% | $38.9M+0.2% | $38.9M+0.1% | $38.8M+4.1% | $37.3M |
| Share Buybacks | $88.2M+2.3% | $86.2M+43.4% | $60.1M+7945.7% | -$766K-237.8% | $556K-92.5% | $7.4M-36.2% | $11.5M-75.7% | $47.5M |
NDSN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.8%+0.1pp | 54.8%+0.2pp | 54.6%-1.2pp | 55.8%-0.5pp | 56.2%+1.2pp | 55.0%-0.5pp | 55.5%+1.4pp | 54.2% |
| Operating Margin | 25.3%+0.6pp | 24.7%+1.8pp | 22.9%-2.3pp | 25.3%-0.7pp | 25.9%+0.7pp | 25.2%-1.2pp | 26.4%-0.2pp | 26.5% |
| Net Margin | 17.0%+0.5pp | 16.5%+1.1pp | 15.4%-2.4pp | 17.7%-0.4pp | 18.2%+0.9pp | 17.3%-2.4pp | 19.7%+0.1pp | 19.6% |
| Return on Equity | 4.2%+0.4pp | 3.8%+0.5pp | 3.3%-0.8pp | 4.1%-0.1pp | 4.2%+0.2pp | 4.0%-0.9pp | 5.0%-0.2pp | 5.1% |
| Return on Assets | 2.1%+0.2pp | 1.8%+0.2pp | 1.6%-0.6pp | 2.3%-0.0pp | 2.3%+0.2pp | 2.1%-1.0pp | 3.0%0.0pp | 3.0% |
| Current Ratio | 1.64-0.9 | 2.56+0.0 | 2.53+0.1 | 2.41+0.2 | 2.21+0.0 | 2.19+0.1 | 2.11+0.9 | 1.17 |
| Debt-to-Equity | 0.55-0.2 | 0.720.0 | 0.720.0 | 0.72+0.2 | 0.51-0.0 | 0.56-0.1 | 0.62+0.5 | 0.14 |
| FCF Margin | 30.5%+15.4pp | 15.1%-7.3pp | 22.4%+0.8pp | 21.6%+5.0pp | 16.6%-9.4pp | 26.0%-1.9pp | 27.9%+3.6pp | 24.4% |
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Frequently Asked Questions
What is Nordson Corp's annual revenue?
Nordson Corp (NDSN) reported $2.8B in total revenue for fiscal year 2025. This represents a 3.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Nordson Corp's revenue growing?
Nordson Corp (NDSN) revenue grew by 3.8% year-over-year, from $2.7B to $2.8B in fiscal year 2025.
Is Nordson Corp profitable?
Yes, Nordson Corp (NDSN) reported a net income of $484.5M in fiscal year 2025, with a net profit margin of 17.3%.
What is Nordson Corp's earnings per share (EPS)?
Nordson Corp (NDSN) reported diluted earnings per share of $8.51 for fiscal year 2025. This represents a 4.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Nordson Corp's EBITDA?
Nordson Corp (NDSN) had EBITDA of $791.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Nordson Corp have?
As of fiscal year 2025, Nordson Corp (NDSN) had $108.4M in cash and equivalents against $1.7B in long-term debt.
What is Nordson Corp's gross margin?
Nordson Corp (NDSN) had a gross margin of 55.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nordson Corp's operating margin?
Nordson Corp (NDSN) had an operating margin of 25.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Nordson Corp's net profit margin?
Nordson Corp (NDSN) had a net profit margin of 17.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Nordson Corp pay dividends?
Yes, Nordson Corp (NDSN) paid $3.16 per share in dividends during fiscal year 2025.
What is Nordson Corp's return on equity (ROE)?
Nordson Corp (NDSN) has a return on equity of 15.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nordson Corp's free cash flow?
Nordson Corp (NDSN) generated $661.1M in free cash flow during fiscal year 2025. This represents a 34.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nordson Corp's operating cash flow?
Nordson Corp (NDSN) generated $719.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Nordson Corp's total assets?
Nordson Corp (NDSN) had $5.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Nordson Corp's capital expenditures?
Nordson Corp (NDSN) invested $58.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Nordson Corp spend on research and development?
Nordson Corp (NDSN) invested $68.2M in research and development during fiscal year 2025.
Does Nordson Corp buy back shares?
Yes, Nordson Corp (NDSN) spent $306.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Nordson Corp have outstanding?
Nordson Corp (NDSN) had 56M shares outstanding as of fiscal year 2025.
What is Nordson Corp's current ratio?
Nordson Corp (NDSN) had a current ratio of 1.64 as of fiscal year 2025, which is generally considered healthy.
What is Nordson Corp's debt-to-equity ratio?
Nordson Corp (NDSN) had a debt-to-equity ratio of 0.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nordson Corp's return on assets (ROA)?
Nordson Corp (NDSN) had a return on assets of 8.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nordson Corp's Altman Z-Score?
Nordson Corp (NDSN) has an Altman Z-Score of 5.52, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Nordson Corp's Piotroski F-Score?
Nordson Corp (NDSN) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nordson Corp's earnings high quality?
Nordson Corp (NDSN) has an earnings quality ratio of 1.48x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Nordson Corp cover its interest payments?
Nordson Corp (NDSN) has an interest coverage ratio of 6.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Nordson Corp?
Nordson Corp (NDSN) scores 73 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.