Nordson Corporation (NDSN)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 467,284 | 472,894 | 483,458 | 492,804 | 487,493 | 500,964 | 514,884 | 496,955 | 513,103 | 482,314 | 482,685 | 497,195 | 454,368 | 362,383 | 307,182 | 275,117 | 249,539 | 333,737 | 340,684 | 340,528 |
| Total stockholders’ equity | US$ in thousands | 2,932,190 | 2,853,760 | 2,788,270 | 2,723,970 | 2,598,060 | 2,579,810 | 2,497,000 | 2,446,680 | 2,294,380 | 2,199,040 | 2,190,620 | 2,218,630 | 2,159,130 | 2,063,180 | 1,950,360 | 1,857,180 | 1,758,990 | 1,769,910 | 1,652,490 | 1,634,270 |
| ROE | 15.94% | 16.57% | 17.34% | 18.09% | 18.76% | 19.42% | 20.62% | 20.31% | 22.36% | 21.93% | 22.03% | 22.41% | 21.04% | 17.56% | 15.75% | 14.81% | 14.19% | 18.86% | 20.62% | 20.84% |
October 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $467,284K ÷ $2,932,190K
= 15.94%
Nordson Corporation's return on equity (ROE) has displayed some fluctuations over the past several quarters. The ROE has generally been above 15%, indicating that Nordson has been generating a healthy return for its shareholders.
The ROE peaked at 22.41% in January 2022 before experiencing a slight decline in subsequent quarters. Despite the fluctuations, the ROE has generally remained at a satisfactory level above 15%, which suggests that Nordson has been effectively utilizing its equity to generate profits.
The decreasing trend seen in recent quarters could indicate a potential decrease in profitability or less efficient use of equity by the company. However, it's important to note that ROE should be analyzed in conjunction with other financial metrics to gain a comprehensive understanding of Nordson's financial performance.
Peer comparison
Oct 31, 2024