Nordson Corporation (NDSN)
Pretax margin
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 585,481 | 597,989 | 610,607 | 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 |
| Revenue (ttm) | US$ in thousands | 2,647,909 | 2,596,752 | 2,571,736 | 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 |
| Pretax margin | 22.11% | 23.03% | 23.74% | 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% |
October 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $585,481K ÷ $2,647,909K
= 22.11%
The pretax margin of Nordson Corporation has shown a varying trend over the past few quarters. From the data provided, we can see that the pretax margin has generally been in the range of 20% to 25% over the past two years, with some fluctuations between quarters.
The pretax margin peaked at 25.96% in January 2022, indicating a high level of profitability before declining to 14.39% in January 2021, reflecting a significant decrease in profitability during that period. However, the company has shown a recovery in profitability since then, with the pretax margin gradually increasing to 24.13% in January 2024.
Overall, Nordson Corporation has maintained a relatively healthy pretax margin range, which suggests that the company has been effectively managing its costs and generating profits before accounting for taxes. It will be important to continue monitoring the pretax margin in future quarters to assess the company's financial performance and profitability sustainability.
Peer comparison
Oct 31, 2024