Stocks · Industrials · General Industrial Machinery & Equipment, NEC

Nordson Corporation

NDSN Clue Score49
United States Fiscal year ends October CIK 0000072331
$328.17 +0.40% Close, 9 Oct 2026
Price $328.17 +37.93% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,809.0Operating income388.4Net income271.8EPS, diluted4.73Fiscal year 2017Revenue2,067.0 +14.3%Operating income466.4Net income295.8 +8.8%EPS, diluted5.08 +7.4%Fiscal year 2018Revenue2,254.7 +9.1%Operating income502.6Net income377.4 +27.6%EPS, diluted6.40 +26.0%Fiscal year 2019Revenue2,194.2 −2.7%Operating income483.1Net income337.1 −10.7%EPS, diluted5.79 −9.5%Fiscal year 2020Revenue2,121.1 −3.3%Operating income349.5Net income249.5 −26.0%EPS, diluted4.27 −26.3%Fiscal year 2021Revenue2,362.2 +11.4%Operating income615.1Net income454.4 +82.1%EPS, diluted7.74 +81.3%Fiscal year 2022Revenue2,590.3 +9.7%Operating income702.4Net income513.1 +12.9%EPS, diluted8.81 +13.8%Fiscal year 2023Revenue2,628.6 +1.5%Operating income672.8Net income487.5 −5.0%EPS, diluted8.46 −4.0%Fiscal year 2024Revenue2,689.9 +2.3%Operating income674.0Net income467.3 −4.1%EPS, diluted8.11 −4.1%Fiscal year 2025Revenue2,791.7 +3.8%Operating income711.7Net income484.5 +3.7%EPS, diluted8.51 +4.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,809.0 2,067.0 2,254.7 2,194.2 2,121.1 2,362.2 2,590.3 2,628.6 2,689.9 2,791.7
Growth +14.3% +9.1% −2.7% −3.3% +11.4% +9.7% +1.5% +2.3% +3.8%
Operating income 388.4 466.4 502.6 483.1 349.5 615.1 702.4 672.8 674.0 711.7
Net income 271.8 295.8 377.4 337.1 249.5 454.4 513.1 487.5 467.3 484.5
Growth +8.8% +27.6% −10.7% −26.0% +82.1% +12.9% −5.0% −4.1% +3.7%
EPS, diluted 4.73 5.08 6.40 5.79 4.27 7.74 8.81 8.46 8.11 8.51
Growth +7.4% +26.0% −9.5% −26.3% +81.3% +13.8% −4.0% −4.1% +4.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin21.5%Net margin15.0%Free cash flow margin15.1%Fiscal year 2017Operating margin22.6%Net margin14.3%Free cash flow margin13.8%Fiscal year 2018Operating margin22.3%Net margin16.7%Free cash flow margin18.4%Fiscal year 2019Operating margin22.0%Net margin15.4%Free cash flow margin14.5%Fiscal year 2020Operating margin16.5%Net margin11.8%Free cash flow margin21.3%Fiscal year 2021Operating margin26.0%Net margin19.2%Free cash flow margin21.5%Fiscal year 2022Operating margin27.1%Net margin19.8%Free cash flow margin17.8%Fiscal year 2023Operating margin25.6%Net margin18.5%Free cash flow margin23.1%Fiscal year 2024Operating margin25.1%Net margin17.4%Free cash flow margin18.3%Fiscal year 2025Operating margin25.5%Net margin17.4%Free cash flow margin23.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 21.5% 22.6% 22.3% 22.0% 16.5% 26.0% 27.1% 25.6% 25.1% 25.5%
Net margin 15.0% 14.3% 16.7% 15.4% 11.8% 19.2% 19.8% 18.5% 17.4% 17.4%
Free cash flow margin 15.1% 13.8% 18.4% 14.5% 21.3% 21.5% 17.8% 23.1% 18.3% 23.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow334.6Capital expenditure−60.9Free cash flow273.8Buybacks−33.4Dividends paid−56.4Fiscal year 2017Operating cash flow356.8Capital expenditure−71.6Free cash flow285.2 +4.2%Buybacks−3.2Dividends paid−63.8Fiscal year 2018Operating cash flow504.6Capital expenditure−89.8Free cash flow414.8 +45.5%Buybacks−24.0Dividends paid−72.4Fiscal year 2019Operating cash flow382.9Capital expenditure−64.2Free cash flow318.6 −23.2%Buybacks−120.5Dividends paid−82.1Fiscal year 2020Operating cash flow502.4Capital expenditure−50.5Free cash flow451.9 +41.8%Buybacks−52.6Dividends paid−88.3Fiscal year 2021Operating cash flow545.9Capital expenditure−38.3Free cash flow507.6 +12.3%Buybacks−61.0Dividends paid−97.7Fiscal year 2022Operating cash flow513.1Capital expenditure−51.4Free cash flow461.7 −9.0%Buybacks−262.9Dividends paid−125.9Fiscal year 2023Operating cash flow641.3Capital expenditure−34.6Free cash flow606.7 +31.4%Buybacks−89.7Dividends paid−150.4Fiscal year 2024Operating cash flow556.2Capital expenditure−64.4Free cash flow491.8 −18.9%Buybacks−33.3Dividends paid−161.4Fiscal year 2025Operating cash flow719.2Capital expenditure−58.1Free cash flow661.1 +34.4%Buybacks−306.4Dividends paid−179.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 334.6 356.8 504.6 382.9 502.4 545.9 513.1 641.3 556.2 719.2
Capital expenditure −60.9 −71.6 −89.8 −64.2 −50.5 −38.3 −51.4 −34.6 −64.4 −58.1
Free cash flow 273.8 285.2 414.8 318.6 451.9 507.6 461.7 606.7 491.8 661.1
Growth +4.2% +45.5% −23.2% +41.8% +12.3% −9.0% +31.4% −18.9% +34.4%
Buybacks −33.4 −3.2 −24.0 −120.5 −52.6 −61.0 −262.9 −89.7 −33.3 −306.4
Dividends paid −56.4 −63.8 −72.4 −82.1 −88.3 −97.7 −125.9 −150.4 −161.4 −179.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash67.2Total debt980.9Net cash (debt)−913.6Shareholders’ equity851.6Debt to equity1.15Fiscal year 2017Cash90.4Total debt1,583.0Net cash (debt)−1,492.6Shareholders’ equity1,155.5Debt to equity1.37Fiscal year 2018Cash95.7Total debt1,314.1Net cash (debt)−1,218.4Shareholders’ equity1,450.7Debt to equity0.91Fiscal year 2019Cash151.2Total debt1,244.1Net cash (debt)−1,093.0Shareholders’ equity1,581.0Debt to equity0.79Fiscal year 2020Cash208.3Total debt1,106.0Net cash (debt)−897.7Shareholders’ equity1,759.0Debt to equity0.63Fiscal year 2021Cash300.0Total debt815.9Net cash (debt)−515.9Shareholders’ equity2,159.1Debt to equity0.38Fiscal year 2022Cash163.5Total debt737.9Net cash (debt)−574.4Shareholders’ equity2,294.4Debt to equity0.32Fiscal year 2023Cash115.7Total debt1,737.1Net cash (debt)−1,621.4Shareholders’ equity2,598.1Debt to equity0.67Fiscal year 2024Cash116.0Total debt2,205.1Net cash (debt)−2,089.2Shareholders’ equity2,932.2Debt to equity0.75Fiscal year 2025Cash108.4Total debt1,996.3Net cash (debt)−1,887.8Shareholders’ equity3,043.6Debt to equity0.66
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 67.2 90.4 95.7 151.2 208.3 300.0 163.5 115.7 116.0 108.4
Total debt 980.9 1,583.0 1,314.1 1,244.1 1,106.0 815.9 737.9 1,737.1 2,205.1 1,996.3
Net cash (debt) −913.6 −1,492.6 −1,218.4 −1,093.0 −897.7 −515.9 −574.4 −1,621.4 −2,089.2 −1,887.8
Shareholders’ equity 851.6 1,155.5 1,450.7 1,581.0 1,759.0 2,159.1 2,294.4 2,598.1 2,932.2 3,043.6
Debt to equity 1.15 1.37 0.91 0.79 0.63 0.38 0.32 0.67 0.75 0.66

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending October, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Oct 2016 FY2017 31 Oct 2017 FY2018 31 Oct 2018 FY2019 31 Oct 2019 FY2020 31 Oct 2020 FY2021 31 Oct 2021 FY2022 31 Oct 2022 FY2023 31 Oct 2023 FY2024 31 Oct 2024 FY2025 31 Oct 2025
Operations
334.6 356.8 504.6 382.9 502.4 545.9 513.1 641.3 556.2 719.2
Growth +6.6% +41.5% −24.1% +31.2% +8.7% −6.0% +25.0% −13.3% +29.3%
n/a n/a n/a n/a n/a 103.9 99.9 59.7 77.0 79.3
Investment
−60.9 −71.6 −89.8 −64.2 −50.5 −38.3 −51.4 −34.6 −64.4 −58.1
calc 273.8 285.2 414.8 318.6 451.9 507.6 461.7 606.7 491.8 661.1
Growth +4.2% +45.5% −23.2% +41.8% +12.3% −9.0% +31.4% −18.9% +34.4%
calc 4.76 4.90 7.04 5.47 7.73 8.64 7.93 10.53 8.54 11.62
−102.2 −878.0 −139.9 −76.3 −194.1 −33.2 −222.8 −1,436.9 −844.4 −26.7
Financing
−213.8 540.8 −353.7 −251.1 −251.5 −422.9 −416.0 750.5 294.5 −706.4
−56.4 −63.8 −72.4 −82.1 −88.3 −97.7 −125.9 −150.4 −161.4 −179.1
−33.4 −3.2 −24.0 −120.5 −52.6 −61.0 −262.9 −89.7 −33.3 −306.4

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.