NDSNNordson Corporation
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
The biggest changes in the 10-K filed 2025-12-17, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Cash from operations
+29.3% Big change FY to 2025-10-31 vs 2024-10-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Operating margin
25.1% → 25.5% (+0.4 pts) FY to 2025-10-31 vs 2024-10-31“Consolidated operating profit increased in 2025 compared to 2024 due to the overall increase in segment EBITDA and lower acquisition and related inventory step-up amortization costs partially offset by an increase in severance and other cost reduction costs, depreciation and amortization from recent acquisitions, and divestiture charges associated with the exit of the medical contract manufacturing business.”
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“Operating margin decreased by 50 basis points primarily driven by costs related to the first-year effect of acquisitions, which more than offset favorable product mix.”
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Revenue
+3.8% FY to 2025-10-31 vs 2024-10-31“2025 versus 2024: The IPS organic sales decrease of 5.1 percent was driven by declines in polymer processing and industrial coatings product lines, partially offset by increases in nonwovens, packaging, and precision agriculture product lines.”
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“The MFS organic sales decrease of 3.1% was driven by a decrease in the medical contract manufacturing business product line that was divested in the fourth quarter of 2025.”
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Net income
+3.7% FY to 2025-10-31 vs 2024-10-31“The effective tax rate decreased 130 basis points primarily due to a decline in federal valuation allowances.”
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Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on NDSN in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
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