Nordson Corporation (NDSN) Stock

Nordson Corporation (NDSN) is a Industrials stock trading at $334.61 (as of 2026-08-20), with a market capitalization of $18.64B and a trailing P/E of 35.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Nordson Corporation designs, manufactures, and sells systems and components used to dispense, apply, and control a range of materials including adhesives and other fluids. It operates through Industrial Precision Solutions and Advanced Technology Solutions, serving manufacturing customers across multiple application areas worldwide.

Understand Nordson Corporation: how it makes money

Nordson engineers, manufactures, and markets equipment and systems that dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, selling primarily into industrial and medical end markets where these systems are used to produce disposable products and roll goods, and in packaged goods dispensing applications.

A large share of revenue comes from ongoing, repeatable streams (Recurring Revenue Mix 57%) and is supported by committed demand (Remaining Performance Obligations 1.0 USD_B), so results depend on converting order commitments into delivered systems and sustaining recurring-related revenue across IPS and ATS.

Revenue by segment (latest quarter)
IPS$0.3B
ATS$0.4B

Business quality (Solid): Clear two-segment business model (IPS and ATS) with a few investor-relevant operating indicators (Remaining Performance Obligations, Recurring Revenue Mix), but the fact set does not include customer, backlog conversion, or end-market demand detail.

Valuation: At 32× earnings, NDSN trades in line with the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Backlog provides visibility: Remaining Performance Obligations totaled 1.0 USD_B, which indicates there is committed work that can translate into future revenue.
  • Recurring revenue share is meaningful: Recurring Revenue Mix was 57%, supporting a profit model that is not purely one-time equipment sales.

Bear case

  • Backlog conversion risk: If Remaining Performance Obligations do not convert as expected into revenue, near-term results can be pressured.
  • Recurring mix can shift: A decline in Recurring Revenue Mix would weaken the durability of the profit model.
Valuation — source: SEC EDGAR (first-party)
Price$334.61
Market Cap$18.64B
P/E Ratio35.8
EV / EBITDA23.0
Price / Book5.70
Price / Sales6.28
Dividend Yield1.0%
FCF Yield6.7%
DCF Value (model)$96.22
DCF Upside vs Price-71.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.79B
Net Margin17.4%
Return on Equity17.0%
Debt / Equity0.47
Current Ratio1.82
Revenue Growth (YoY)10.3%
EPS Growth (YoY)22.9%
FCF Growth (YoY)13.5%
Financial Health — source: SEC EDGAR
Altman Z-Score5.95 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E35.8
Sector P/E (Industrials)25.9
Industry P/E (Machinery)32.3
vs Sector38.2%
vs Industry10.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.50B)
Institutional Holders Tracked10
Congressional Trades (recent)7
Company
SectorIndustrials
IndustryMachinery
CEOSundaram Nagarajan
Employees8,000
CountryUS
IPO Date1980-03-18

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NDSN earnings history · NDSN institutional & insider holders · NDSN KPIs & operating metrics · NDSN financials · NDSN investor presentations & press releases · NDSN SEC filings · NDSN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.