Nordson manufactures equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets, including packaging, medical, electronics, and industrial.
It is a $18.3B industrial company. Revenue grew 7.0% over the last year, it keeps 19¢ of every dollar of sales as profit, and its net debt equals ~2.2 years of free cash flow. It trades at 32.9× earnings — near the highest of its own history.
- Website
- nordson.com
- Location
- Westlake, OH
- Employees
- 8 200
- Sector
- Industrials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability, quality and moat; Valuation and Health lag behind.
Valuation36
- P/E vs own history90th pct · 0/25
- FCF yield4.0% · 12/25
- P/S6.1x · 12/25
- EV/EBITDA21.5x · 12/25
Growth57
- Revenue CAGR4.3% · 6/25
- Net income CAGR1.6% · 6/25
- EPS CAGR ~5Y14.8% · 20/25
- Fwd implied growth31.9% · 25/25
Profitability77
- ROIC10.5% · 12/25
- ROE17.6% · 20/25
- Net margin18.6% · 20/25
- Operating margin26.1% · 25/25
Health48
- Altman Zn/a · 0/25
- Current ratio1.82 · 18/25
- Interest coverage6.9x · 18/25
- Net cash / debtD/A 27% · 12/25
Quality84
- Piotroski F7/9 · 22/25
- Beneish M-2.62 · 25/25
- FCF conversion130% · 25/25
- Margin stabilityσ 12.4% · 12/25
Moat90
- ROIC >12% years8/10 yrs · 20/25
- Median gross margin55.0% · 20/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 11.8% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2022FinancialBest year on record$513M net income
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$1.81B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (55.3%)
- Strong cash conversion — FCF is 24.3% of revenue
- Interest covered 6.9× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+7.0% YoY
- Profitable — makes more than it spends$555M TTM
- Profit growing — earnings are higher than last year-1.2% YoY
- Generates cash — cash left after running and investing$724M TTM
- Debt under control — could handle its obligations~2.2y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$18.3B market cap
- Not printing shares — share count not ballooning — you keep your slice-2.7% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distresshealth score 36/100
- Pays a dividend — returns cash to shareholdersyield 1.00%
- Valuation not extreme — price not wildly above earningsP/E 32.9
Peer comparisonNordson Corp vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| NDSN this company | $18.3B | 32.9 | +7.0% | 18.6% | Mixed |
| LRCX Lam Research Corp | $399.2B | 54.9 | +26.0% | 31.3% | Strong |
| CAT Caterpillar Inc. | $368.0B | 33.9 | +18.4% | 14.5% | Solid |
| RTX RTX Corporation | $251.3B | 32.4 | +11.8% | 8.3% | Strained |
| DE Deere & Company | $167.7B | 34.4 | +8.3% | 10.2% | Solid |
| ETN Eaton Corporation, plc | $167.2B | 43.6 | +15.5% | 12.8% | Mixed |
| UNP Union Pacific Corp. | $166.8B | 22.6 | +4.2% | 28.8% | Strained |
Head-to-head: NDSN vs LRCX · NDSN vs CAT · NDSN vs RTX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/NDSN
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of NDSN on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $328.17 · market cap $18.3B.