Nordson Corporation NDSN SPX

Industrials · Specialty Industrial Machinery · United States

https://www.nordson.com

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, medical components, and other fluids. The Industrial Precision Solutions segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems; components and systems for thermoplastic and biopolymer melt stream; fluid components, such as nozzles, pumps, and filters; smart components that measure and control the flow, quantity and location of dispensed fluid; control systems; and product assembly solutions. It also offers automated and manual dispensing products and systems for cold materials, container coating, liquid finishing, and powder coating, as well as ultraviolet equipment. The Medical and Fluid Solutions segment offers precision manual and semi-automated dispensers, plastic molded syringes, cartridges, tips, and fluid connection components; interventional solutions for engineered shafts and interventional delivery systems, medical tubing, balloons, balloon inflators, nitinol devices, cardiovascular cannula, and biomaterial delivery; medical fluid components; and microplegia myocardial protection devices and related consumables. The Advanced Technology Solutions segment provides automated dispensing systems for high-speed, precise application of various attachment, protection, and coating fluids, and related gas plasma treatment systems; destructive and non-destructive testing technologies, such as bond testers and automated optical, acoustic microscopy, and x-ray inspection systems used in the semiconductor and printed circuit board industries; and precision measurement and control technologies. The company markets its products through direct sales force, distributors, and sales representatives. Nordson Corporation was founded in 1909 and is headquartered in Westlake, Ohio.

Market & Price

Market Cap

$16.01B

Current Price

$287.33

High / Low (52W)

$298.37 / $207.12

Beta

0.99

Valuation

Stock P/E

30.66

Industry PE

28.38

Forward P/E

23.11

PEG Ratio

1.93

Book Value

$55.79

Price to Book

5.15

P/S

5.51

EV/EBITDA

19.62

Dividend Yield

1.14%

Profitability & Returns

ROCE

13.60%

ROE

17.14%

ROA

7.92%

Profit Margin

18.19%

Op Margin

23.52%

EPS (Latest Qtr)

$2.09

EPS (TTM)

$9.37

Balance Sheet & Liquidity

Debt/Equity

0.62

Quick Ratio

1.44

Current Ratio

2.60

Debt

$1.97B

Total Assets

$5.92B

Current Assets

$1.24B

Working Capital

$484.59M

Ownership

Promoter Holding

5.59%

Chg in Prom Hold

FII / Inst Holding

77.06%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$17.88B

Total Revenue (TTM)

$2.90B

EBITDA

$911.21M

Free Cash Flow

$574.59M

Operating Cash Flow

$761.98M

Shares Outstanding

55.72M

Gross Margin

55.22%

Payout Ratio

34.62%

Growth (CAGR)

Revenue 5Y

2.53%

Profit 5Y

-1.90%

Revenue (YoY)

8.50%

Earnings (YoY)

6.10%

PROS

Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Earnings shrank at -1.9% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	NDSN Nordson Corporation SPX	287.33	30.66	$16.01B	1.14%	13.60%	17.14%	2.53%	-1.90%
2	CAT Caterpillar Inc. SPX	875.87	43.66	$403.42B	0.69%	19.42%	51.33%	4.38%	9.83%
3	GE GE Aerospace SPX	323.76	40.17	$338.27B	0.58%	11.89%	45.43%	16.32%	195.89%
4	GEV GE Vernova Inc. SPXAI	968.32	28.33	$260.21B	0.21%	6.30%	75.71%	8.68%	92.84%
5	RTX RTX Corporation SPX	179.66	33.64	$241.95B	1.54%	9.41%	11.57%	9.72%	9.01%
6	UNP Union Pacific Corporation SPX	262.64	21.60	$155.93B	2.10%	16.19%	40.69%	-0.49%	0.66%
7	ETN Eaton Corporation plc SPXAI	400.60	39.20	$155.55B	1.10%	16.23%	20.84%	9.77%	18.41%
8	HON Honeywell International Inc. NDXSPX	237.86	38.00	$150.72B	2.00%	13.57%	24.26%	1.82%	-1.62%
9	DE Deere & Company SPX	542.18	30.67	$146.45B	1.20%	12.82%	18.35%	-4.50%	-11.00%

Quarterly Results

Figures in USD.

Metric	Jul 2015	Oct 2015	Jan 2016	Apr 2016	Jul 2016	Oct 2016	Jan 2017	Apr 2017	Jul 2017	Oct 2017	Jan 2018	Apr 2018	Jul 2018	Oct 2018	Jan 2019	Apr 2019	Jul 2019	Oct 2019	Jan 2020	Apr 2020	Jul 2020	Oct 2020	Jan 2021	Apr 2021	Jul 2021	Jan 2022	Apr 2022	Jul 2022	Jan 2023	Apr 2023	Jul 2023	Jan 2024	Apr 2024	Jul 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026
Revenue	-	-	-	-	-	-	-	-	-	-	550.42M	553.71M	581.24M	569.29M	497.91M	551.12M	559.75M	585.45M	494.92M	529.48M	538.18M	558.52M	526.57M	589.54M	646.86M	609.17M	635.40M	662.13M	610.48M	650.16M	648.68M	633.19M	650.64M	661.60M	615.42M	682.94M	741.51M	751.82M	669.46M	740.85M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	279.52M	309.03M	334.99M	328.35M	303.34M	336.77M
Gross Profit	248.49M	234.86M	196.91M	248.41M	273.22M	274.97M	225.14M	275.51M	326.26M	312.09M	300.97M	307.01M	320.48M	307.86M	268.98M	301.53M	302.62M	318.98M	263.19M	289.60M	280.81M	296.87M	-	-	-	-	-	-	-	-	-	-	-	-	335.90M	373.90M	406.52M	423.47M	366.12M	404.08M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194.95M	205.15M	206.54M	208.87M	199.72M	206.87M
Operating Income	102.85M	-	51.98M	101.90M	123.69M	-	75.92M	103.53M	153.47M	-	119.35M	128.89M	137.54M	-	84.28M	128.90M	130.28M	-	75.09M	125.03M	112.06M	-	109.03M	166.39M	188.28M	155.86M	183.97M	184.92M	144.22M	172.51M	171.00M	159.44M	168.62M	167.06M	140.95M	168.75M	199.98M	214.59M	166.41M	197.20M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	180.44M	202.92M	223.23M	245.74M	224.22M	199.43M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26.56M	26.57M	26.26M	24.77M	23.13M	21.94M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	116.86M	138.77M	159.12M	182.90M	164.50M	141.17M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22.20M	26.37M	33.34M	31.27M	31.12M	23.86M
Net Income	69.39M	49.62M	41.16M	70.60M	84.21M	75.87M	49.99M	64.52M	101.46M	79.83M	104.56M	91.23M	94.88M	86.70M	48.57M	91.92M	93.93M	102.67M	52.00M	92.08M	86.98M	18.48M	77.58M	124.14M	142.18M	120.41M	109.63M	141.81M	104.26M	127.56M	127.89M	109.57M	118.22M	117.33M	94.65M	112.40M	125.78M	151.63M	133.38M	117.32M
Diluted EPS	1.14	0.84	0.72	1.23	1.46	1.31	0.86	1.11	1.74	1.37	1.78	1.55	1.61	1.47	0.83	1.58	1.62	1.76	0.89	1.58	1.49	0.31	1.32	2.12	2.42	2.05	1.88	2.45	1.81	2.21	2.22	1.90	2.05	2.04	1.65	1.97	2.22	2.69	2.38	2.09

Profit & Loss (Annual)

Figures in USD.

Metric	Oct 2008	Oct 2009	Oct 2010	Oct 2011	Oct 2012	Oct 2013	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024	Oct 2025
Revenue	-	-	-	-	-	-	-	-	-	2.07B	2.25B	2.19B	2.12B	-	2.59B	2.63B	2.69B	2.79B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.16B	1.20B	1.20B	1.25B
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.43B	1.43B	1.49B	1.54B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	724.18M	752.64M	812.13M	815.51M
Operating Income	190.34M	-127.81M	234.83M	315.54M	335.48M	323.85M	367.11M	317.73M	388.43M	466.40M	502.58M	483.11M	349.55M	-	702.36M	672.76M	674.00M	724.27M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	771.62M	786.74M	810.58M	852.33M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22.41M	59.51M	88.92M	104.16M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	649.28M	615.34M	585.48M	597.65M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136.18M	127.85M	118.20M	113.17M
Net Income	117.50M	-160.06M	168.05M	222.36M	224.83M	221.82M	246.77M	211.11M	271.84M	295.80M	377.38M	337.09M	249.54M	-	513.10M	487.49M	467.28M	484.47M
Diluted EPS	3.43	-2.38	2.46	3.25	3.45	3.42	3.84	3.45	4.73	5.08	6.40	5.79	4.27	-	8.81	8.46	8.11	8.51
R&D Expense	-	25.53M	23.84M	27.00M	36.53M	47.97M	47.54M	46.69M	46.25M	52.46M	58.81M	60.02M	63.59M	59.42M	52.53M	71.40M	64.99M	68.24M

Compounded Sales Growth

5 Years:	2.53%
1 Year:	8.50%

Compounded Profit Growth

5 Years:	-1.90%
1 Year:	6.10%

Stock Price Performance

1 Year:	+37.43%
6 Months:	+21.35%
3 Months:	-1.78%
1 Month:	+2.49%

Balance Sheet (Annual)

Figures in USD.

Metric	Oct 2007	Oct 2008	Oct 2009	Oct 2010	Nov 2010	Oct 2011	Oct 2012	Oct 2013	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024	Oct 2025
Total Assets	-	-	890.67M	986.35M	-	1.30B	1.83B	2.05B	2.28B	2.36B	2.42B	3.41B	3.42B	3.52B	3.67B	-	3.82B	5.25B	6.00B	5.92B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.13B	1.23B	1.28B	1.24B
Cash & Equivalents	31.14M	11.76M	18.78M	42.33M	42.33M	37.41M	41.24M	42.38M	42.31M	50.27M	67.24M	90.38M	95.68M	151.16M	208.29M	-	163.46M	115.68M	115.95M	108.44M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	383.40M	454.77M	476.94M	444.81M
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	502.08M	548.38M	561.61M	553.32M
Total Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.53B	2.65B	3.07B	2.87B
Current Liabilities	-	-	156.42M	191.91M	-	182.16M	343.68M	236.80M	370.87M	290.78M	331.54M	647.75M	350.28M	477.63M	363.09M	-	834.20M	582.09M	528.48M	758.26M
Long Term Debt	-	-	-	-	-	313.46M	528.04M	638.16M	682.87M	1.09B	942.77M	1.26B	1.29B	1.08B	1.07B	-	345.32M	1.62B	2.10B	1.68B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	860.45M	1.86B	2.32B	2.09B
Total Equity	-	574.11M	369.98M	505.07M	-	571.32M	669.77M	887.86M	904.80M	660.02M	851.60M	1.16B	1.45B	1.58B	1.76B	-	2.29B	2.60B	2.93B	3.04B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98.02M	98.02M	98.02M	98.02M

Cash Flows (Annual)

Figures in USD.

Metric	Oct 2008	Oct 2009	Oct 2010	Oct 2011	Oct 2012	Oct 2013	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024	Oct 2025
Operating Cash Flow	114.04M	168.68M	140.19M	246.73M	274.40M	268.38M	-	-	334.63M	356.75M	504.64M	382.89M	502.42M	-	513.13M	641.28M	556.19M	719.17M
Investing Cash Flow	-31.92M	-3.94M	-41.32M	-305.51M	-466.77M	-220.54M	-	-	-102.20M	-877.96M	-139.92M	-76.29M	-194.11M	-	-222.76M	-1.44B	-844.40M	-26.69M
Financing Cash Flow	-102.72M	-161.02M	-79.28M	50.70M	196.82M	-52.43M	-	-	-213.76M	540.75M	-353.69M	-251.07M	-251.53M	-	-416.01M	750.51M	294.50M	-706.43M
Capital Expenditure	-26.39M	-12.51M	-14.32M	-20.24M	-30.96M	-47.22M	-43.57M	-62.09M	-60.85M	-71.56M	-89.79M	-64.24M	-50.53M	-	-51.43M	-34.58M	-64.41M	-58.06M
Free Cash Flow	87.66M	156.16M	125.87M	226.49M	243.44M	221.16M	-	-	273.78M	285.19M	414.85M	318.65M	451.89M	-	461.70M	606.70M	491.78M	661.12M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-125.64M	-45.09M	6.29M	-13.95M
Share Buybacks	35.62M	7.12M	24.93M	137.99M	88.45M	33.40M	166.43M	383.85M	33.42M	3.22M	24.01M	120.51M	52.61M	60.97M	262.87M	89.71M	33.34M	306.37M

Ratios (Annual)

Figures in %.

Metric	Oct 2008	Oct 2009	Oct 2010	Oct 2011	Oct 2012	Oct 2013	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024	Oct 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55.1%	54.2%	55.2%	55.2%
Operating Margin %	-	-	-	-	-	-	-	-	-	22.6%	22.3%	22.0%	16.5%	-	27.1%	25.6%	25.1%	25.9%
Net Margin %	-	-	-	-	-	-	-	-	-	14.3%	16.7%	15.4%	11.8%	-	19.8%	18.5%	17.4%	17.4%
ROE %	20.5%	-43.3%	33.3%	38.9%	33.6%	25.0%	27.3%	32.0%	31.9%	25.6%	26.0%	21.3%	14.2%	-	22.4%	18.8%	15.9%	15.9%
ROCE %	-	-17.4%	29.6%	28.1%	22.6%	17.8%	19.2%	15.4%	18.6%	16.9%	16.4%	15.9%	10.6%	-	23.5%	14.4%	12.3%	14.0%

Shareholding Pattern

Insiders

5.59%

Institutions

77.06%

Public Float

81.63%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	7.09%	3.95M	$1.14B
2	Vanguard Capital Management LLC	6.19%	3.45M	$990.34M
3	State Street Corporation	5.21%	2.90M	$834.37M
4	Vanguard Portfolio Management LLC	4.21%	2.35M	$674.48M
5	Kayne Anderson Rudnick Investment Management LLC	3.67%	2.05M	$587.62M
6	Geode Capital Management, LLC	2.77%	1.54M	$443.37M
7	Morgan Stanley	2.59%	1.44M	$413.90M
8	Invesco Ltd.	1.72%	959.90K	$275.81M
9	Massachusetts Financial Services Co.	1.68%	934.41K	$268.48M
10	FMR, LLC	1.46%	813.42K	$233.72M

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