Nordson Corporation (NDSN)
Net profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 487,493 | 513,103 | 454,368 | 249,539 | 337,091 |
| Revenue | US$ in thousands | 2,568,040 | 2,568,450 | 2,336,130 | 2,088,460 | 2,146,130 |
| Net profit margin | 18.98% | 19.98% | 19.45% | 11.95% | 15.71% |
October 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $487,493K ÷ $2,568,040K
= 18.98%
The net profit margin for Nordson Corp. has exhibited some fluctuations over the past five years. It stood at 18.55% as of October 31, 2023, representing a slight decrease from the previous year. In the preceding years, the net profit margin had been relatively stable, ranging from 11.76% to 19.81%. Overall, the company has generally maintained a healthy level of net profit margin, indicating efficient cost management and strong revenue generation relative to its net income. However, the recent decrease may warrant further investigation to understand the underlying factors impacting profitability.
Peer comparison
Oct 31, 2023