Nordson Corporation (NDSN)
Gross profit margin
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 548,888 | 530,595 | 527,724 | 546,589 | 547,798 | 566,312 | 587,799 | 605,290 | 622,415 | 596,435 | 599,419 | 580,014 | 531,734 | 701,611 | 812,963 | 955,926 | 1,130,468 | 1,152,575 | 1,174,390 | 1,186,321 |
| Revenue (ttm) | US$ in thousands | 2,647,909 | 2,596,752 | 2,571,736 | 2,581,455 | 2,569,649 | 2,554,567 | 2,574,370 | 2,564,160 | 2,567,546 | 2,483,661 | 2,467,989 | 2,420,346 | 2,336,296 | 2,300,916 | 2,191,064 | 2,129,850 | 2,095,644 | 2,122,570 | 2,139,949 | 2,157,511 |
| Gross profit margin | 20.73% | 20.43% | 20.52% | 21.17% | 21.32% | 22.17% | 22.83% | 23.61% | 24.24% | 24.01% | 24.29% | 23.96% | 22.76% | 30.49% | 37.10% | 44.88% | 53.94% | 54.30% | 54.88% | 54.99% |
October 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $548,888K ÷ $2,647,909K
= 20.73%
The gross profit margin of Nordson Corporation has shown a fluctuating trend over the past several quarters. It has ranged from a low of 20.43% to a high of 54.99%. In the most recent quarter, Oct 31, 2024, the gross profit margin was 20.73%, indicating that the company retained approximately 20.73% of its revenue after accounting for the cost of goods sold.
There was a noticeable decrease in the gross profit margin from the high of 54.99% in Jan 31, 2021, to the low of 20.43% in Jul 31, 2024. This could indicate changes in the company's pricing strategies, cost structure, or competitive pressures during this period.
It is essential for Nordson Corporation to closely monitor and analyze its gross profit margin as it directly impacts the company's overall profitability and financial health. By understanding the factors influencing this metric, the company can make informed decisions to optimize its operations and improve its financial performance over time.
Peer comparison
Oct 31, 2024