ChartRow logo
Data provided bySource: Twelve Data
PeersITWAOSEMRIEXITTGGG
Share this page

NDSN financial statements

The full income statement, balance sheet, and cash-flow statement for Nordson Corporation (NDSN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Financial overview#

Revenue

5Y CAGR +5.6%10Y CAGR +5.2%YoY +10.3%
$3B TTM$817.7M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Gross profit

5Y CAGR +6.4%10Y CAGR +5.4%YoY +11.6%
$1.6B TTM$453.7M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Operating income

5Y CAGR +15.3%10Y CAGR +8.4%YoY +18.8%
$801M TTM$223.1M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Net income

5Y CAGR +14.2%10Y CAGR +8.7%YoY +21.5%
$555.2M TTM$152.8M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

EPS (diluted)

5Y CAGR +14.8%10Y CAGR +9.4%YoY +23.0%
$9.88 TTM$2.73 Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Operating cash flow

5Y CAGR +7.4%10Y CAGR +10.6%YoY +4.8%
$773.4M TTM$249.4M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Capital expenditure

5Y CAGR +2.8%10Y CAGR −0.7%YoY +9.1%
$49.4M TTM$12.6M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Free cash flow

5Y CAGR +7.9%10Y CAGR +12.7%YoY +4.6%
$724M TTM$236.8M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Shares (diluted)

5Y −2.7%10Y −6.9%YoY −1.2%
56.2M TTM56M Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Dividend per share

5Y CAGR +15.6%10Y CAGR +13.4%YoY +5.1%
$3.28 TTM$0.82 Q3 '26
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
Q4 '16Q1 '17Q2 '17Q3 '17Q4 '17Q1 '18Q2 '18Q3 '18Q4 '18Q1 '19Q2 '19Q3 '19Q4 '19Q1 '20Q2 '20Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Every NDSN chart on Trends →

Shares outstanding (point-in-time)

2024-07 57.2M2024-10 57.0M2025-01 56.9M2025-04 56.5M2025-07 56.2M2025-10 55.8M2026-01 55.8M2026-04 55.7M2026-07 55.7M-2.6% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeFiguresAs-reported fiscal years.
Line itemTrendFY2025FY2024FY2023FY2022FY2021
Income Statementas ofOct 31 ’25as ofOct 31 ’24as ofOct 31 ’23as ofOct 31 ’22as ofOct 31 ’21
Revenue2.79B+3.8%2.69B+2.3%2.63B+1.5%2.59B+9.7%2.36B+11.4%
1.54B+3.6%1.49B+4.3%1.43B-0.1%1.43B+7.7%1.32B+17.1%
Cost of revenue1.25B+4.0%1.20B+0.0%1.20B+3.4%1.16B+12.1%1.04B+4.8%
Research & development68.2M+5.0%65.0M-9.0%71.4M+35.9%52.5M-11.6%59.4M-6.6%
Selling, general & administrative816M+0.4%812M+7.9%753M+3.9%724M+2.1%709M+2.2%
Amortization of intangibles79.3M+3.0%77.0M+28.9%59.7M+17.5%50.8M+0.5%50.6M-11.3%
Provision for credit losses768K+24.1%619K+118.7%283K-77.5%1.26M+3834.4%32.0K-98.5%
Operating income712M+5.6%674M+0.2%673M-4.2%702M+14.2%615M+76.0%
Interest expense104M+17.1%88.9M+49.4%59.5M+165.5%22.4M-12.1%25.5M-20.7%
Interest & investment income3.05M-37.9%4.91M+83.3%2.68M+32.3%2.03M-5.8%2.15M+27.9%
Other non-operating income-13.0M-187.7%-4.51M-655.3%-597K-107.0%8.53M+148.4%-17.6M-0.2%
Pre-tax income598M+2.1%585M-4.9%615M-5.2%649M+13.1%574M+90.4%
Income tax113M-4.2%118M-7.5%128M-6.1%136M+13.7%120M+130.6%
484M+3.7%467M-4.1%487M-5.0%513M+12.9%454M+82.1%
Net income to common484M+3.7%467M-4.1%487M-5.0%513M+12.9%454M+82.1%
$8.51+4.9%$8.11-4.1%$8.46-4.0%$8.81+13.8%$7.74+81.3%
EPS (basic)$8.56+4.8%$8.17-4.3%$8.54-4.0%$8.90+13.8%$7.82+81.0%
Weighted-avg shares (basic)56.6M-1.0%57.2M+0.2%57.1M-0.9%57.6M-0.8%58.1M+0.6%
Weighted-avg shares (diluted)56.9M-1.2%57.6M-0.0%57.6M-1.1%58.2M-0.8%58.7M+0.4%
Dividends per share$3.16+12.1%$2.82+7.2%$2.63+20.6%$2.18+29.0%$1.69+10.5%
Balance Sheetas ofOct 31 ’25as ofOct 31 ’24as ofOct 31 ’23as ofOct 31 ’22as ofOct 31 ’21
1.24B-2.5%1.28B+3.7%1.23B+8.5%1.13B-2.7%1.16B+14.1%
Cash & equivalents108M-6.5%116M+0.2%116M-29.2%163M-45.5%300M+44.0%
Accounts receivable588M-1.1%595M+0.6%591M+10.0%537M+9.8%489M+3.7%
Inventory445M-6.7%477M+4.9%455M+18.6%383M+17.2%327M+18.1%
Prepaid expenses102M+16.3%87.5M+28.7%68.0M+39.3%48.8M+1.1%48.3M+10.2%
5.92B-1.4%6.00B+14.3%5.25B+37.5%3.82B+0.8%3.79B+3.2%
Property, plant & equipment517M-5.1%545M+38.6%393M+11.1%353M-0.6%356M-0.9%
Operating lease right-of-use77.5M-17.2%93.6M-11.8%106M+3.8%102M-7.7%111M-9.2%
Goodwill3.30B+0.7%3.28B+17.8%2.78B+54.3%1.80B+5.3%1.71B-0.0%
Intangible assets682M-8.0%741M+10.1%673M+104.2%329M-7.8%357M-12.3%
Deferred tax assets11.2M+0.4%11.2M-30.1%16.0M+53.4%10.4M-8.2%11.4M+15.8%
Other non-current assets82.9M+51.2%54.8M+8.7%50.5M-42.1%87.1M+12.0%77.8M+83.0%
758M+43.5%528M-9.2%582M-30.2%834M+87.3%445M+22.7%
Accounts payable121M+23.7%97.8M-8.0%106M+7.1%99.3M+8.3%91.7M+29.2%
Accrued liabilities229M+1.7%225M+12.8%200M-3.5%207M+2.4%202M+20.3%
Short-term & current debt315M+203.1%104M-10.1%116M-70.5%393M+1048.2%34.2M-10.1%
Current lease liability17.4M+2.0%17.1M+1.2%16.9M+7.1%15.7M-8.6%17.2M+1.8%
Finance lease liability (current)5.89M+12.0%5.26M+7.0%4.92M+0.2%4.91M-15.4%5.80M-3.1%
Long-term debt1.68B-20.0%2.10B+29.6%1.62B+369.5%345M-55.8%782M-26.8%
Non-current lease liability64.5M-20.3%80.8M-12.5%92.4M+1.8%90.8M-7.1%97.7M-10.6%
Operating lease liability (total)81.9M-16.4%97.9M-10.4%109M+2.6%107M-7.3%115M-9.0%
Finance lease liability (total)14.3M-17.8%17.3M+4.6%16.6M+3.1%16.1M-22.4%20.7M+26.1%
Finance lease liability8.36M-30.8%12.1M+3.5%11.7M+4.3%11.2M-25.2%14.9M+42.7%
Deferred tax liabilities192M-6.6%206M-2.4%211M+90.1%111M+25.2%88.5M+32.1%
Other non-current liabilities82.6M+96.3%42.1M-4.9%44.2M+21.5%36.4M-9.9%40.4M-14.2%
3.04B+3.8%2.93B+12.9%2.60B+13.2%2.29B+6.3%2.16B+22.7%
Preferred stock0.000.000.000.000.00
Common stock12.3M+0.0%12.3M+0.0%12.3M+0.0%12.3M+0.0%12.3M+0.0%
Additional paid-in capital741M+3.7%714M+6.9%668M+6.6%627M+7.1%585M+9.5%
Retained earnings4.60B+7.1%4.30B+7.7%3.99B+9.2%3.65B+11.9%3.27B+12.2%
Treasury stock2.21B+16.0%1.90B+1.6%1.88B+4.8%1.79B+17.1%1.53B+3.9%
Accumulated other comprehensive income-100M+45.7%-185M+5.9%-196M+5.5%-208M-18.2%-176M+22.2%
Total equity incl. non-controlling3.04B+3.8%2.93B+12.9%2.60B+13.2%2.29B+6.3%2.16B+22.7%
Total liabilities & equity5.92B-1.4%6.00B+14.3%5.25B+37.5%3.82B+0.8%3.79B+3.2%
Common shares issued98.0M+0.0%98.0M+0.0%98.0M+0.0%98.0M+0.0%98.0M+0.0%
Common shares outstanding55.9M-2.2%57.2M+0.3%57.0M-0.2%57.1M-1.8%58.2M+0.1%
Shares outstanding (cover)55.8M-2.1%57.0M+0.0%57.0M-0.2%57.2M-1.8%58.2M+0.1%
Cash Flowas ofOct 31 ’25as ofOct 31 ’24as ofOct 31 ’23as ofOct 31 ’22as ofOct 31 ’21
719M+29.3%556M-13.3%641M+25.0%513M-6.0%546M+8.7%
Depreciation & amortization151M+10.5%136M+21.7%112M+12.0%99.9M-3.8%104M-8.3%
Intangible amortization79.3M+3.0%77.0M+28.9%59.7M+17.5%50.8M+0.5%50.6M-11.3%
Share-based compensation18.9M-0.1%19.0M-16.5%22.7M-26.1%30.7M+35.1%22.8M+77.0%
Deferred income taxes-12.6M+32.0%-18.6M-15.1%-16.1M-50.2%-10.7M-363.6%4.07M+129.2%
Change in inventory-34.6M+25.7%-46.6M-107.9%-22.4M-132.4%69.1M+36.7%50.6M+974.4%
Change in payables21.3M+155.2%-38.6M-143.9%-15.8M-248.3%10.7M-48.6%20.8M+294.6%
Other operating activities-319K+97.1%-11.0M-137.5%29.4M+152.7%-55.8M+24.3%-73.7M-4153.4%
-26.7M+96.8%-844M+41.2%-1.44B-545.0%-223M-571.6%-33.2M+82.9%
Capital expenditure58.1M-9.9%64.4M+86.2%34.6M-32.8%51.4M+34.3%38.3M-24.2%
Free cash flow661M+34.4%492M-18.9%607M+31.4%462M-9.0%508M+12.3%
Acquisitions0.00+100.0%-790M+44.5%-1.42B-929.1%172M0.00-100.0%
Proceeds from sale of PP&E309K+312.0%75.0K-25.7%101K-63.9%280K+71.8%163K-80.6%
Other investing activities-2.95M-129.7%9.93M-51.3%20.4M0.00+100.0%-4.97M-348.6%
-706M-339.9%294M-60.8%751M+280.4%-416M+1.6%-423M-68.1%
Long-term debt issued25.6M-96.7%783M-64.1%2.18B+3354.4%63.1M+569.9%9.41M-94.3%
Long-term debt repaid250M-21.6%319M-73.5%1.20B+1140.1%97.0M-67.5%299M-6.5%
Common stock issued9.01M-71.0%31.1M+45.4%21.4M+76.3%12.1M-61.9%31.8M-37.5%
Common stock repurchased306M+818.9%33.3M-62.8%89.7M-65.9%263M+331.1%61.0M+15.9%
Dividends paid179M+10.9%161M+7.4%150M+19.4%126M+28.9%97.7M+10.6%
FX effect on cash6.44M+207.0%-6.02M-123.4%-2.69M+75.2%-10.9M-693.2%1.83M+430.1%
Net change in cash-7.51M-2850.9%273K+100.6%-47.8M+65.0%-137M-248.9%91.7M+60.5%
Interest paid98.7M+14.8%86.0M+57.1%54.7M+138.1%23.0M-15.3%27.1M-12.8%
Income taxes paid148M-7.6%160M+41.8%113M-20.0%141M+32.0%107M+32.3%
Valuation Ratiosas ofOct 31 ’25as ofOct 31 ’24as ofOct 31 ’23as ofOct 31 ’22as ofOct 31 ’21
Market cap12.9B-8.4%14.1B+16.6%12.1B-5.7%12.9B-12.9%14.8B+31.6%
P/E26.7×-11.6%30.2×+21.6%24.9×-0.8%25.1×-38.5%40.8×+21.2%
P/S4.6×-11.7%5.3×+13.9%4.6×-7.1%5.0×-22.0%6.4×+21.8%
P/B4.3×-11.7%4.8×+3.3%4.7×-16.8%5.6×-21.7%7.2×+12.9%
P/FCF19.6×-31.9%28.7×+43.9%20.0×-28.3%27.9×-0.9%28.1×+0.7%
Earnings yield3.7%+13.2%3.3%-17.8%4.0%+0.8%4.0%+62.7%2.5%-17.5%
FCF yield5.1%+46.7%3.5%-30.5%5.0%+39.4%3.6%+0.9%3.6%-0.7%
Dividend yield1.4%+19.8%1.1%-8.0%1.2%+27.7%0.97%+45.7%0.66%-16.0%
Source filing10-K10-K10-K10-K10-K
Fiscal yearCEOTotal, as reportedActually paidOther executives, average$100 in the stock$100 in peers
FY2025Sundaram Nagarajan$8.2M$7.2M$2.2M$127.44$207.29
FY2024—$8.6M$11M$1.9M$132.45$168.55
FY2023—$7.1M$4.3M$2.3M$113.14$137.60
FY2022—$8.4M$7.6M$2.5M$118.41$128.69
FY2021—$10.3M$11.9M$3.1M$132.51$142.05

From the pay-versus-performance table of each proxy statement (DEF 14A), the newest that states the year. “Actually paid” values stock awards at the year’s closing price, so it falls when the stock does. A year two chief executives shared lists each one’s pay, as reported / actually paid, and the totals are both. $100 in the stock and in the peer group the proxy names are the newest proxy’s, from the start of its first year.

About this data

Source: NDSN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NDSN filings on SEC EDGAR → Not investment advice.