Nordson Corporation (NDSN)
Gross profit margin
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 1,192,103 | 1,180,992 | 1,198,845 |
| Revenue (ttm) | US$ in thousands | 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 | 2,156,514 | 2,140,358 | 2,173,355 |
| Gross profit margin | 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% | 55.28% | 55.18% | 55.16% |
January 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $546,589K ÷ $2,581,455K
= 21.17%
Nordson Corp.'s gross profit margin has shown a relatively stable trend over the past eight quarters, hovering between 54.09% and 55.98%. The company has maintained a strong gross profit margin consistently above 50%, indicating efficient cost management and pricing strategies in its operations. During the most recent quarter, Q1 2024, the gross profit margin was reported at 54.50%, showing a slight decrease from the previous quarter. While this decline may raise some concerns, it is important to note that the margin remains within the company's historical range and continues to reflect Nordson Corp.'s ability to generate profits from its core business activities. Further analysis of the underlying factors driving the gross profit margin fluctuations could provide additional insights into Nordson Corp.'s overall financial performance and competitiveness in the market.
Peer comparison
Jan 31, 2024