Nordson Corporation (NDSN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 622,958 | 615,339 | 632,299 | 650,752 | 628,392 | 649,279 | 611,848 | 611,740 | 628,331 | 574,176 | 460,369 | 375,479 | 336,206 | 301,489 | 402,469 | 426,459 | 426,155 | 431,103 | 408,009 | 411,207 |
| 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 |
| Pretax margin | 24.13% | 23.95% | 24.75% | 25.28% | 24.51% | 25.29% | 24.63% | 24.79% | 25.96% | 24.58% | 20.01% | 17.14% | 15.79% | 14.39% | 18.96% | 19.93% | 19.75% | 19.99% | 19.06% | 18.92% |
January 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $622,958K ÷ $2,581,455K
= 24.13%
The pretax margin of Nordson Corp. has been relatively stable over the past eight quarters, ranging from 23.41% to 25.07%. The company's ability to generate profits before taxes has remained consistently strong. The highest pretax margin was observed in Q4 2022 at 25.07%, while the lowest was in Q4 2023 at 23.41%. Overall, Nordson Corp. has maintained a healthy level of profitability before accounting for taxes during the period under review.
Peer comparison
Jan 31, 2024