Nordson Corporation (NDSN)
Net profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 467,284 | 487,493 | 513,103 | 454,368 | 249,539 |
| Revenue | US$ in thousands | 2,688,450 | 2,568,040 | 2,568,450 | 2,336,130 | 2,088,460 |
| Net profit margin | 17.38% | 18.98% | 19.98% | 19.45% | 11.95% |
October 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $467,284K ÷ $2,688,450K
= 17.38%
Nordson Corporation's net profit margin has shown a slight decrease over the past five years, declining from 19.45% in 2021 to 17.38% in 2024. The company experienced a significant jump in net profit margin from 11.95% in 2020 to 19.98% in 2022, indicating improved profitability during that period. However, the subsequent decline in the following years suggests a potential challenge in maintaining or improving profit margins.
Overall, Nordson Corporation has been able to achieve healthy net profit margins above 15% in the past five years, indicating efficient cost management and effective revenue generation. However, the recent downward trend in net profit margin warrants further analysis to identify any underlying factors affecting profitability and to formulate strategies for sustaining or enhancing the company's financial performance.
Peer comparison
Oct 31, 2024