Nordson Corporation (NDSN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 687,977 | 672,761 | 665,331 | 679,253 | 690,719 | 702,360 | 676,186 | 679,544 | 661,962 | 615,127 | 501,060 | 424,839 | 383,477 | 349,545 | 451,837 | 470,058 | 473,925 | 483,113 | 460,248 | 467,514 |
| 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 |
| Operating profit margin | 26.65% | 26.18% | 26.04% | 26.39% | 26.94% | 27.36% | 27.23% | 27.53% | 27.35% | 26.33% | 21.78% | 19.39% | 18.00% | 16.68% | 21.29% | 21.97% | 21.97% | 22.40% | 21.50% | 21.51% |
January 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $687,977K ÷ $2,581,455K
= 26.65%
Nordson Corp. has demonstrated a relatively stable operating profit margin over the past several quarters, ranging from 25.59% to 27.28%. The company's operating profit margin peaked in Q4 2022 at 27.28% and has since slightly declined but remained above 25%, indicating efficient cost management and profitability. The slight fluctuations in the operating profit margin suggest that Nordson Corp. has been able to maintain a healthy margin despite any potential challenges in the operating environment. Overall, Nordson Corp.'s operating profit margin shows consistency and resilience in generating profits from its operations.
Peer comparison
Jan 31, 2024