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Nordson Corp. (NDSN) Fundamental Analysis & AI Grade 2026

NDSN Nasdaq General Industrial Machinery & Equipment, NEC OH CIK: 0000072331
Recently Updated • Analysis: May 22, 2026 • SEC Data: 2026-04-30
Combined AI Grade
A
68% Confidence
AGREEMENT
A
72% Conf
B
65% Conf

📊 NDSN Key Takeaways

Revenue: $1.4B
Net Margin: 17.8%
Free Cash Flow: $293.4M
Current Ratio: 2.60x
Debt/Equity: 0.59x
EPS: $4.47
AI Grade: A with 72% confidence
Nordson Corp. (NDSN) receives a A fundamental grade with 68% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of 17.8%, and return on equity (ROE) of 7.8%, Nordson Corp. demonstrates strong fundamentals in the Industrial sector. Below is our complete NDSN stock analysis for 2026.

Is Nordson Corp. (NDSN) a Good Investment?

Claude

Nordson demonstrates exceptional operational quality with 25.8% operating margins and robust free cash flow generation (293.4M annually, 20.8% FCF margin), supported by a solid balance sheet and strong liquidity. However, net income stagnation despite 3.8% revenue growth signals margin compression requiring monitoring, though the company's strong cash generation and conservative leverage profile provide downside protection.

ChatGPT

Nordson shows strong profitability and cash generation, with ~25% operating margin and an 18% FCF margin supporting reinvestment and balance sheet resilience. Growth is modest and net income is flat, while interest coverage of 2.8x and low ROE/ROA temper near-term upside. Hold pending clearer acceleration in organic growth and improved leverage coverage.

Nordson Corp. Key Strengths (NDSN)

Claude
  • + Exceptional free cash flow generation and conversion (20.8% FCF margin, 293.4M annually)
  • + Strong operational efficiency with 25.8% operating margins and 17.8% net margins
  • + Excellent liquidity position (2.60x current ratio, 1.65x quick ratio) with conservative leverage (0.59x debt/equity)
  • + Healthy interest coverage ratio (6.0x) indicating comfortable debt servicing capacity
  • + EPS growth of 4.9% despite flat net income suggests ongoing capital discipline
ChatGPT
  • + High margins (44% gross, 25% operating)
  • + Strong free cash flow and low capex needs (18.4% FCF margin)
  • + Solid liquidity profile (2.72x current, 1.74x quick) and moderate leverage (0.64x D/E)

NDSN Stock Risks: Nordson Corp. Investment Risks

Claude
  • ! Net income flat YoY (0% growth) despite 3.8% revenue growth indicates margin compression or expense pressures
  • ! Moderate returns on capital (ROE 7.8%, ROA 4.2%) suggest capital is not generating exceptional value
  • ! Low cash balance (102M) relative to 6.0B asset base may constrain major strategic investments or acquisitions
  • ! Modest revenue growth rate (3.8%) suggests limited organic expansion in core markets
  • ! 1.9B long-term debt represents significant fixed obligations
ChatGPT
  • ! Low interest coverage (2.8x) with limited cash versus debt
  • ! Modest revenue growth (+3.8% YoY) and flat net income
  • ! Low ROE/ROA indicating subdued capital efficiency

Key Metrics to Watch

Claude
  • * Net income growth trajectory and margin recovery
  • * Operating margin sustainability and cost management
  • * Revenue growth acceleration in core segments
  • * Free cash flow consistency and capital deployment decisions
  • * Return on invested capital and asset utilization efficiency
ChatGPT
  • * Interest coverage
  • * Operating margin trend

Nordson Corp. (NDSN) Financial Metrics & Key Ratios

Revenue
$1.4B
Net Income
$250.7M
EPS (Diluted)
$4.47
Free Cash Flow
$293.4M
Total Assets
$6.0B
Cash Position
$102.0M

💡 AI Analyst Insight

The 20.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.60x current ratio provides a solid financial cushion.

NDSN Profit Margin, ROE & Profitability Analysis

Gross Margin 21.0%
Operating Margin 25.8%
Net Margin 17.8%
ROE 7.8%
ROA 4.2%
FCF Margin 20.8%

NDSN vs Industrial Sector: How Nordson Corp. Compares

How Nordson Corp. compares to Industrial sector averages

Net Margin
NDSN 17.8%
vs
Sector Avg 10.0%
NDSN Sector
ROE
NDSN 7.8%
vs
Sector Avg 15.0%
NDSN Sector
Current Ratio
NDSN 2.6x
vs
Sector Avg 1.8x
NDSN Sector
Debt/Equity
NDSN 0.6x
vs
Sector Avg 0.7x
NDSN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Nordson Corp. Stock Overvalued? NDSN Valuation Analysis 2026

Based on fundamental analysis, Nordson Corp. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
7.8%
Sector avg: 15%
Net Profit Margin
17.8%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.59x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Nordson Corp. Balance Sheet: NDSN Debt, Cash & Liquidity

Current Ratio
2.60x
Quick Ratio
1.65x
Debt/Equity
0.59x
Debt/Assets
0.0%
Interest Coverage
6.02x
Long-term Debt
$1.9B

NDSN Revenue & Earnings Growth: 5-Year Financial Trend

NDSN 5-year financial data: Year 2021: Revenue $2.4B, Net Income $337.1M, EPS $5.79. Year 2022: Revenue $2.6B, Net Income $249.5M, EPS $4.27. Year 2023: Revenue $2.6B, Net Income $454.4M, EPS $7.74. Year 2024: Revenue $2.7B, Net Income $513.1M, EPS $8.81. Year 2025: Revenue $2.8B, Net Income $487.5M, EPS $8.46.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Nordson Corp.'s revenue has grown significantly by 18% over the 5-year period, indicating strong business expansion. The most recent EPS of $8.46 reflects profitable operations.

NDSN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.8%
Free cash flow / Revenue

NDSN Quarterly Earnings & Performance

Quarterly financial performance data for Nordson Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $682.9M $94.7M $1.97
Q1 2026 $615.4M $94.7M $1.65
Q3 2025 $661.6M $94.7M $2.04
Q2 2025 $650.6M $94.7M $1.97
Q1 2025 $615.4M $94.7M $1.65
Q3 2024 $648.7M $104.3M $2.04
Q2 2024 $650.2M $104.3M $2.05
Q1 2024 $610.5M $104.3M $1.81

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Nordson Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$321.1M
Cash generated from operations
Stock Buybacks
$129.3M
Shares repurchased (TTM)
Capital Expenditures
$27.7M
Investment in assets
Dividends Paid
$91.6M
Returned to shareholders

NDSN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Nordson Corp. (CIK: 0000072331)

📋 Recent SEC Filings

Date Form Document Action
May 21, 2026 10-Q ndsn-20260430.htm View →
May 20, 2026 8-K ndsn-20260520.htm View →
May 8, 2026 4 xslF345X06/wk-form4_1778260466.xml View →
May 4, 2026 4 xslF345X06/wk-form4_1777900395.xml View →
May 4, 2026 4 xslF345X06/wk-form4_1777900305.xml View →

Frequently Asked Questions about NDSN

What is the AI rating for NDSN?

Nordson Corp. (NDSN) has a Combined AI Grade of A from Claude (A) and ChatGPT (B) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NDSN's key strengths?

Claude: Exceptional free cash flow generation and conversion (20.8% FCF margin, 293.4M annually). Strong operational efficiency with 25.8% operating margins and 17.8% net margins. ChatGPT: High margins (44% gross, 25% operating). Strong free cash flow and low capex needs (18.4% FCF margin).

What are the risks of investing in NDSN?

Claude: Net income flat YoY (0% growth) despite 3.8% revenue growth indicates margin compression or expense pressures. Moderate returns on capital (ROE 7.8%, ROA 4.2%) suggest capital is not generating exceptional value. ChatGPT: Low interest coverage (2.8x) with limited cash versus debt. Modest revenue growth (+3.8% YoY) and flat net income.

What is NDSN's revenue and growth?

Nordson Corp. reported revenue of $1.4B.

Does NDSN pay dividends?

Nordson Corp. pays dividends, with $91.6M distributed to shareholders in the trailing twelve months.

Where can I find NDSN SEC filings?

Official SEC filings for Nordson Corp. (CIK: 0000072331) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NDSN's EPS?

Nordson Corp. has a diluted EPS of $4.47.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is NDSN's fundamental grade?

Based on our AI fundamental analysis in May 2026, Nordson Corp. has a A grade with 68% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is NDSN stock overvalued or undervalued?

Valuation metrics for NDSN: ROE of 7.8% (sector avg: 15%), net margin of 17.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is NDSN's AI grade for 2026?

Our dual AI analysis gives Nordson Corp. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is NDSN's free cash flow?

Nordson Corp.'s operating cash flow is $321.1M, with capital expenditures of $27.7M. FCF margin is 20.8%.

How does NDSN compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 17.8% (avg: 10%), ROE 7.8% (avg: 15%), current ratio 2.60 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 22, 2026 | Data as of: 2026-04-30 | Powered by Claude AI