Nordson Corporation (NDSN)
Operating profit margin
Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 674,001 | 672,761 | 702,360 | 615,127 | 349,545 |
Revenue | US$ in thousands | 2,688,450 | 2,568,040 | 2,568,450 | 2,336,130 | 2,088,460 |
Operating profit margin | 25.07% | 26.20% | 27.35% | 26.33% | 16.74% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $674,001K ÷ $2,688,450K
= 25.07%
Nordson Corporation's operating profit margin has exhibited fluctuations over the past five years. The margin decreased from 27.35% in 2022 to 26.33% in 2021, before experiencing a substantial increase to 26.20% in 2023. However, in the most recent year, the operating profit margin decreased to 25.07%. This indicates that the company's ability to generate profit from its core operations has shown a slight decline. It is important for Nordson Corporation to closely monitor and manage its operating expenses and revenue generation to sustain and potentially improve its operating profit margin in the future.
Peer comparison
Oct 31, 2024