NDSN Financials Nordson

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 23, 2026, 10:12 UTC Overview →

Growth & profitability

Revenue has grown 5.6% per year over the past 5 years.
Net income has grown faster than revenue (14.2% vs 5.6% per year).
Operating margin has expanded, at 25.5% in the latest year.
Free cash flow has grown 7.9% per year over the past 5 years.

Financial health

Total debt ($2.0B) exceeds cash ($108M); net debt is $1.9B.
Total debt has grown faster than revenue (12.5% vs 5.6% per year).
Operating income covered interest expense 6.8× in the latest year.
Total debt is 2.5× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 37.0% of earnings and 27.1% of free cash flow.
The dividend has grown 15.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.8B	$484M	55.2%	25.5%	15.9%	8.2%	$661M	$2.0B	$108M
2024	$2.7B	$467M	55.2%	25.1%	15.9%	7.8%	$492M	$2.2B	$116M
2023	$2.6B	$487M	54.2%	25.6%	18.8%	9.3%	$607M	$1.7B	$116M
2022	$2.6B	$513M	55.1%	27.1%	22.4%	13.4%	$462M	$738M	$163M
2021	$2.4B	$454M	56.1%	26.0%	21.0%	12.0%	$508M	$812M	$300M
2020	$2.1B	$250M	53.3%	16.5%	14.2%	6.8%	$452M	$1.1B	$208M
2019	$2.2B	$337M	54.3%	22.0%	21.3%	9.6%	$319M	$1.2B	$151M
2018	$2.3B	$377M	54.8%	22.3%	26.0%	11.0%	$415M	$1.3B	$96M
2017	$2.1B	$296M	55.1%	22.6%	25.6%	8.7%	$285M	$1.6B	$90M
2016	—	$272M	—	—	31.9%	11.2%	$274M	$981M	$67M
2015	—	$211M	—	—	32.0%	9.0%	—	$1.1B	$50M
2014	—	$247M	—	—	27.3%	10.8%	—	$694M	$42M
2013	—	$222M	—	—	25.0%	10.8%	$221M	$649M	$42M
2012	—	$225M	—	—	33.6%	12.3%	$243M	$584M	$41M
2011	—	$222M	—	—	38.9%	17.0%	$226M	$319M	$37M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$818M	$153M	55.5%	27.3%	4.7%	2.6%	$237M	$1.9B	$113M
Apr '26	$741M	$117M	54.5%	26.6%	3.7%	2.0%	$170M	$1.9B	$102M
Jan '26	$669M	$133M	54.7%	24.9%	4.3%	2.2%	$123M	$2.0B	$120M
Oct '25	$752M	$152M	56.3%	28.5%	5.0%	2.6%	$194M	$2.0B	$108M
Jul '25	$742M	$126M	54.8%	25.3%	4.2%	2.1%	$226M	$2.0B	$148M
Apr '25	$683M	$112M	54.7%	24.7%	3.8%	1.9%	$103M	$2.0B	$130M
Jan '25	$615M	$95M	54.6%	22.9%	3.3%	1.6%	$138M	$2.0B	$130M
Oct '24	$744M	$122M	54.1%	24.0%	4.2%	2.0%	$76M	$2.2B	$116M
Jul '24	$662M	$117M	55.8%	25.3%	4.1%	2.3%	$143M	$1.5B	$165M
Apr '24	$651M	$118M	56.2%	25.9%	4.2%	2.3%	$108M	$1.5B	$125M
Jan '24	$633M	$110M	55.0%	25.2%	4.0%	2.1%	$165M	$1.6B	$136M
Oct '23	$719M	$128M	53.4%	25.7%	4.9%	2.4%	$153M	$1.7B	$116M
Jul '23	$649M	$128M	55.5%	26.4%	5.0%	3.0%	$181M	$838M	$143M
Apr '23	$650M	$128M	54.2%	26.5%	5.1%	3.0%	$159M	$949M	$129M
Jan '23	$610M	$104M	53.9%	23.6%	4.3%	2.5%	$114M	$1.0B	$122M
Oct '22	$684M	$141M	53.1%	26.0%	6.2%	3.7%	$161M	$738M	$163M
Jul '22	$662M	$142M	55.2%	27.9%	6.4%	3.7%	$111M	$803M	$129M
Apr '22	$635M	$110M	56.3%	29.0%	5.0%	2.9%	$84M	$791M	$121M
Jan '22	$609M	$120M	55.8%	25.6%	5.4%	3.1%	$106M	$807M	$171M
Oct '21	$599M	$110M	55.3%	25.3%	5.1%	2.9%	$160M	$812M	$300M

Valuation over time

How the market has priced NDSN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 24.1× (Mar '23) to 37.7× (Nov '26).
The price-to-sales ratio has risen from 4.8× (Mar '23) to 6.5× (Nov '26).
The dividend yield has fallen from 1.0% (Mar '23) to 1.0% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is NDSN growing its revenue and profit?

Over the past 5 years, Nordson's revenue has grown 5.6% per year, and net income grown 14.2% per year. These are computed facts, not advice.

How much debt does NDSN have?

As of FY2025, Nordson reported $2.0B of total debt against $108M of cash; operating income covered interest expense 6.8×.

What is NDSN's profit margin?

In FY2025, gross margin was 55.2%, operating margin 25.5%, and net margin 17.4%.

What is NDSN's P/E ratio?

Nordson's P/E (TTM) is 32.87 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NDSN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 37.7× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.