Nordson Corporation (NDSN)

Industrials · $18.0B market cap · SEC CIK 0000072331

Next reports on Dec 15, 2026, after the close, with analysts expecting $3.53 in earnings per share.

52-week range $223.29 to $339.12. 4% below its 52-week high and 46% above its low.

The case for NDSN

• Generated $661M of free cash flow in FY2025, 24% of revenue.
• Return on equity of 18%.
• Gross margin of 55% absorbs cost shocks.
• Pays a modest 1.2% dividend.

The case against

• Pricey for its growth: 32.4× earnings, where 9% a year of growth plus a 1.2% dividend would justify about 23×.
• Priced at 6.0× sales with revenue growing only 7.0%.
• Long-term debt of $1.7B against $108M of cash.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.

The financials

The financials, five years deep

Pulled from Nordson Corporation's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Nordson Corporation says it does

Description of Business Nordson is an innovative precision technology company that leverages a scalable growth framework to deliver top tier growth with leading margins and returns. We engineer, manufacture and market differentiated products and systems used for precision dispensing, applying and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces and various medical products such as: catheters, cannulas, medical balloons and medical tubing. These products are supported with extensive application expertise and direct global sales and service. We serve a wide variety of consumer non-durable, consumer durable and technology end markets including packaging, electronics, medical, appliances, energy, transportation, precision agriculture, building and construction, and general product assembly and finishing. Our strategy for long-term growth…

Risk factors NDSN lists in its 10-K

• Changes in U.S. or international economic conditions, including declines in the industries we serve, could adversely affect the revenue stream and profitability of any of our operations
• Significant movements in foreign currency exchange rates or change in monetary policy may harm our financial results
• Political conditions in and between the United States and foreign countries in which we operate could adversely affect our business
• Failure to retain our existing senior management team or the inability to attract and retain qualified personnel could hurt our business and inhibit our ability to operate and grow successfully
• The Company may be subject to risks relating to organizational changes
• Increased information technology threats and cybersecurity incidents and threats could pose a risk to our systems, networks, products, solutions and services and those of our business partners
• We may face particular data protection and privacy risks in connection with the European Union's Global Data Protection Regulation, the California Consumer Privacy Act and other privacy laws and regulations
• A disruption in, shortage of, or price increases for, supply of our components and raw materials may adversely impact our business, financial condition, results of operations and cash flows
• We may be incorporating artificial intelligence technologies into our products, services and processes. These technologies may present business, compliance and reputational risks
• Our growth strategy includes acquisitions, and we may not be able to execute on our acquisition strategy or integrate acquisitions successfully
• Any impairment in the value of our intangible assets, including goodwill, would negatively affect our operating results and total capitalization
• Changes in United States and international tax laws may have a material adverse effect on our business, financial condition and results of operations
• We may be exposed to liabilities under the Foreign Corrupt Practices Act ("FCPA"), which could have a material adverse effect on our business, reputation, financial condition or results of operations
• The level of returns on pension plan assets, changes in the actuarial assumptions used and management of pension liabilities could adversely affect us
• Expectations relating to environmental, social and governance considerations expose us to potential liabilities, increased costs, reputational harm and other adverse effects on our business
• Our inability to comply with the restrictive covenants included in the agreements governing our debt or to access additional sources of capital could impede our growth or the repayment or refinancing of existing debt
• Changes in interest rates could adversely affect us
• The insurance that we maintain may not fully cover all potential exposures
• Our business, financial condition and results of operations may be adversely affected by natural disasters or other catastrophic events beyond our control

Filings

Other Industrials companies