Nordson Corporation (NDSN)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 585,481 | 615,339 | 649,279 | 574,176 | 301,489 |
| Revenue | US$ in thousands | 2,688,450 | 2,568,040 | 2,568,450 | 2,336,130 | 2,088,460 |
| Pretax margin | 21.78% | 23.96% | 25.28% | 24.58% | 14.44% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $585,481K ÷ $2,688,450K
= 21.78%
The pretax margin of Nordson Corporation has exhibited a relatively stable performance over the past five years, with figures ranging from 14.44% in 2020 to 25.28% in 2022. The trend shows a slight decline from 2022 to 2024, where the pretax margin decreased from 25.28% to 21.78%. This indicates a lower level of profitability before accounting for taxes in the most recent fiscal year. Overall, Nordson Corporation has maintained healthy pretax margins above 20% in recent years, suggesting efficient cost management and effective revenue generation strategies. However, the slight decrease in the pretax margin in 2024 may warrant further analysis to understand the factors driving this decline and evaluate potential areas for improvement.
Peer comparison
Oct 31, 2024