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Screener / SEC EDGAR /CIK 0000072331 /10-K filed Dec 17, 2025, compared with Dec 18, 2024 /Numbers from the XBRL of the 10-Ks
Industrials peers:
AXONNDSNBEIEXAOSVRSK
Nasdaq Industrials · Industrial Machinery

Nordson Corporation NDSN

NDSN quote by TradingView

Nordson is an innovative precision technology company that leverages a scalable growth framework to deliver top tier growth with leading margins and returns. 10-K, Item 1

Employees
8,000
Headquarters
Westlake, OH
CEO
Sundaram Nagarajan
Next results
around Dec 9, 2026
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $2.8B through the costs to a net profit of $484.5M · income statement of the 10-K

25% operating margin
Revenue to Gross profit: $1.5BRevenue to Cost of revenue: $1.3BGross profit to Operating profit: $711.7MGross profit to Operating expenses: $828.1MOperating profit to Net profit: $484.5MOperating profit to Tax & other: $227.3MOperating expenses to R&D: $68.2MOperating expenses to Sales, admin & other: $759.8M Revenue: $2.8B REVENUE $2.8B +4% Y/Y Gross profit: $1.5B · 55% margin GROSS PROFIT $1.5B 55% margin Cost of revenue: $1.3B · 45% of revenue COST OF REVENUE $1.3B 45% of revenue Operating profit: $711.7M · 25% margin OPERATING PROFIT $711.7M 25% margin · +6% Y/Y Operating expenses: $828.1M · 30% of revenue OPERATING EXPENSES $828.1M 30% of revenue Net profit: $484.5M · 17% margin NET PROFIT $484.5M 17% margin · +4% Y/Y Tax & other: $227.3M · 8% of revenue TAX & OTHER $227.3M 8% of revenue R&D: $68.2M · 2% of revenue R&D $68.2M 2% of revenue Sales, admin & other: $759.8M · 27% of revenue SALES, ADMIN & OTHER $759.8M 27% of revenue
Gross profit $1.5B 55% margin
Operating profit $711.7M 25% margin · +6% Y/Y
Net profit $484.5M 17% margin · +4% Y/Y
The full income statement, year by year

NDSN among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 3.8%, above 41% of 81 peers (their median 4.9%) REVENUE GROWTH 3.8% · above 41% Gross margin: 55.3%, above 86% of 51 peers (their median 38.1%) GROSS MARGIN 55.3% · above 86% Operating margin: 26.9%, above 89% of 71 peers (their median 17.5%) OPERATING MARGIN 26.9% · above 89% Net margin: 18.6%, above 81% of 81 peers (their median 13.0%) NET MARGIN 18.6% · above 81% FCF margin: 24.3%, above 92% of 78 peers (their median 13.0%) FCF MARGIN 24.3% · above 92% Return on capital: 11.1%, above 40% of 65 peers (their median 14.2%) RETURN ON CAPITAL 11.1% · above 40%
NDSN Peer median Below the median

What changed

4 new risk paragraphs. 10-K filed Dec 17, 2025 against Dec 18, 2024.

Risk factors
4 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
11 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
1 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables -1.1% vs revenue +3.8% (-4.9 pts)
  • Cash from operations $719.2M vs net income $484.5M (FY ending Oct 31, 2025)
  • Inventory -6.7% vs revenue +3.8% (-10.5 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Ernst & Young LLP"
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Nordson Corporation 69; Valuation of Goodwill
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

4 paragraphs in Risk Factors that were not in the 10-K filed Dec 18, 2024. Quoted as filed.

All 4 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Dec 18, 2024 10-K, ITEM 1A
    Changes in trade policies, tariffs, and other import/export regulations of the U.S. and other nations could change how we transact business, who we trade with, affect our relationships with customers and suppliers, and negatively impact our sales, margins and profitability. As a result, these government trade actions may create…
  2. Item 1A · new paragraph · not in the 10-K filed Dec 18, 2024 10-K, ITEM 1A
    We may be incorporating artificial intelligence technologies into our products, services and processes. These technologies may present business, compliance and reputational risks. The introduction of artificial intelligence ("AI") and machine-learning technologies, particularly generative AI, into internal processes, third-party…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$2.6B$2.6B$2.7B$2.8B
Net income$513.1M$487.5M$467.3M$484.5M
Operating cash flow$513.1M$641.3M$556.2M$719.2M
Free cash flow$461.7M$606.7M$491.8M$661.1M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$2.8B ▲ 3.8% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

1 filing in the last 30 days · SEC EDGAR

All filings

About the company

Nordson Corporation, Westlake, OH · from the 10-K filed Dec 17, 2025

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.

Headquarters
Westlake, OH
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
October 31
Last results
Aug 19, 2026
Incorporated in
OH

Employees, at the top of the page: "As of October 31, 2025, we had approximately 8,000 employees worldwide" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Dec 17, 2025 (open at SEC), compared with the 10-K filed Dec 18, 2024. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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