NORDSON CORP
NDSN · General Industrial Machinery & Equipment, NEC · 55.7M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $67M (gross $90M, SBC $23M)
Reference price $280.00 · est. market cap ~$15.6B — last insider sale, 2026-04-17 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A85Wide-moat precision-dispensing technology compounder with category-leading margins and returns.
Strengths
- Top-decile (100th pct) operating margin 25.5% and ROE 15.9%; ROA 90th pct, net margin 87.5th pct
- 55% gross margin, strong FCF (23.7% margin, 87th pct) and durable switching-cost moat via NBS Next/Ascend
Risks
- Modest revenue (+3.8%) and net income (+3.7%) growth, mid-pack for the sector
- FX and cyclical electronics/industrial end-market exposure
Notable findings
- Strong balance sheetStrong balance sheet — $108M cash & investments
- Insider sellingInsider selling — 46 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$23M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
55.2%
Operating margin
25.5%
Net margin
17.4%
Return on equity
15.9%
Return on assets
8.2%
ROIC
11.9%
Revenue growth (QoQ)
10.7%
Net-income growth
3.7%
Debt / equity
0.6×
Net debt / EBITDA
2.0×
Current ratio
1.6×
Free cash flow
$661M
EBITDA
$791M
Tangible book value
-$943M
Cash & investments
$108M
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | Hopgood Daniel Roy | Tax withheld | 148 | $281.31 |
| 2026-05-01 | CLAYTON ANNETTE K | Grant | 270 | $283.20 |
| 2026-04-30 | MAPES CHRISTOPHER L | Grant | 43 | $288.45 |
| 2026-04-30 | DeFord John A | Grant | 87 | $288.45 |
| 2026-04-17 | Subramanian Srinivas | Sell | 1.9K | $280.00 |
| 2026-04-17 | Subramanian Srinivas | Sell | 1.2K | $280.00 |
| 2026-04-17 | Subramanian Srinivas | Option exercise | 1.9K | $107.65 |
| 2026-04-16 | DeVries James E | Tax withheld | 127 | $275.28 |
| 2026-04-16 | DeVries James E | Tax withheld | 71 | $275.28 |
| 2026-04-15 | Morris Milton Mayo | Sell | 245 | $273.87 |
| 2026-04-08 | Hall Justin E | Sell | 716 | $275.82 |
| 2026-02-27 | Siddiqui Sarah | Tax withheld | 30 | $293.44 |
| 2026-02-24 | Kelley Joseph P | Sell | 59 | $291.81 |
| 2026-02-24 | NAGARAJAN SUNDARAM | Sell | 42K | $293.26 |
| 2026-02-24 | Kelley Joseph P | Sell | 1 | $292.53 |
| 2026-02-24 | Kelley Joseph P | Sell | 16 | $292.56 |
| 2026-02-24 | Kelley Joseph P | Sell | 9 | $292.57 |
| 2026-02-24 | Kelley Joseph P | Sell | 1 | $292.58 |
| 2026-02-24 | Kelley Joseph P | Sell | 4 | $292.59 |
| 2026-02-24 | NAGARAJAN SUNDARAM | Option exercise | 42K | $165.21 |
| 2026-02-24 | Kelley Joseph P | Sell | 12 | $292.60 |
| 2026-02-24 | Kelley Joseph P | Sell | 3 | $292.63 |
| 2026-02-24 | Kelley Joseph P | Sell | 4 | $292.65 |
| 2026-02-24 | Kelley Joseph P | Sell | 1 | $292.66 |
| 2026-02-24 | Kelley Joseph P | Sell | 7 | $292.69 |
| 2026-02-24 | Kelley Joseph P | Sell | 1 | $291.49 |
| 2026-02-24 | Kelley Joseph P | Sell | 3 | $292.81 |
| 2026-02-24 | Kelley Joseph P | Sell | 14 | $292.82 |
| 2026-02-24 | Kelley Joseph P | Sell | 11 | $292.84 |
| 2026-02-24 | Kelley Joseph P | Sell | 13 | $292.85 |
| 2026-02-24 | Kelley Joseph P | Sell | 15 | $292.98 |
| 2026-02-24 | Kelley Joseph P | Sell | 60 | $293.18 |
| 2026-02-24 | Kelley Joseph P | Sell | 1 | $295.26 |
| 2026-02-24 | Kelley Joseph P | Sell | 53 | $295.25 |
| 2026-02-24 | Kelley Joseph P | Option exercise | 6.3K | $189.72 |
| 2026-02-24 | Kelley Joseph P | Option exercise | 2.1K | $201.50 |
| 2026-02-24 | Kelley Joseph P | Sell | 6.3K | $293.07 |
| 2026-02-24 | Kelley Joseph P | Sell | 2.1K | $292.95 |
| 2026-02-24 | Kelley Joseph P | Sell | 3 | $292.78 |
| 2026-02-23 | Kelley Joseph P | Sell | 100 | $289.47 |
| 2026-02-23 | Kelley Joseph P | Sell | 95 | $289.11 |
| 2026-02-23 | Kelley Joseph P | Sell | 92 | $289.08 |
| 2026-02-23 | Kelley Joseph P | Sell | 758 | $289.00 |
| 2026-02-23 | Kelley Joseph P | Sell | 84 | $289.25 |
| 2026-02-23 | Kelley Joseph P | Sell | 84 | $289.26 |
| 2026-02-23 | Kelley Joseph P | Sell | 51 | $289.83 |
| 2026-02-23 | Kelley Joseph P | Sell | 51 | $289.84 |
| 2026-02-23 | Kelley Joseph P | Sell | 54 | $289.71 |
| 2026-02-23 | Kelley Joseph P | Sell | 60 | $289.63 |
| 2026-02-23 | Kelley Joseph P | Sell | 60 | $289.64 |
| 2026-02-23 | Kelley Joseph P | Sell | 130 | $289.01 |
| 2026-02-23 | Kelley Joseph P | Sell | 100 | $289.04 |
| 2026-02-23 | Kelley Joseph P | Sell | 100 | $290.39 |
| 2026-02-23 | Kelley Joseph P | Sell | 100 | $289.46 |
| 2026-02-23 | Kelley Joseph P | Sell | 100 | $290.40 |
| 2026-02-23 | Kelley Joseph P | Option exercise | 15K | $189.72 |
| 2026-02-23 | Kelley Joseph P | Option exercise | 6.0K | $201.50 |
| 2026-02-23 | Kelley Joseph P | Sell | 15K | $289.32 |
| 2026-02-23 | Kelley Joseph P | Sell | 6.0K | $289.30 |
| 2026-01-30 | MAPES CHRISTOPHER L | Grant | 45 | $274.53 |
| 2026-01-30 | DeFord John A | Grant | 91 | $274.53 |
| 2026-01-05 | Hall Justin E | Tax withheld | 63 | $245.89 |
| 2026-01-05 | Siddiqui Sarah | Grant | 408 | $245.89 |
| 2026-01-05 | Siddiqui Sarah | Tax withheld | 117 | $245.89 |
| 2026-01-05 | Subramanian Srinivas | Grant | 519 | $245.89 |
| 2026-01-05 | Subramanian Srinivas | Tax withheld | 149 | $245.89 |
| 2026-01-05 | Kelley Joseph P | Grant | 2.0K | $245.89 |
| 2026-01-05 | Kelley Joseph P | Tax withheld | 561 | $245.89 |
| 2026-01-05 | DeVries James E | Grant | 922 | $245.89 |
| 2026-01-05 | DeVries James E | Tax withheld | 272 | $245.89 |
| 2026-01-05 | MCDONOUGH JENNIFER L | Grant | 922 | $245.89 |
| 2026-01-05 | MCDONOUGH JENNIFER L | Tax withheld | 391 | $245.89 |
| 2026-01-05 | NAGARAJAN SUNDARAM | Grant | 576 | $245.89 |
| 2026-01-05 | NAGARAJAN SUNDARAM | Tax withheld | 451 | $245.89 |
| 2026-01-05 | Hall Justin E | Grant | 173 | $245.89 |
| 2025-12-29 | DeVries James E | Gift | 1.2K | — |
| 2025-12-20 | MCDONOUGH JENNIFER L | Grant | 1.4K | $240.38 |
| 2025-12-20 | Rutledge Joseph M | Grant | 217 | $240.38 |
| 2025-12-20 | Hopgood Daniel Roy | Grant | 2.4K | $240.38 |
| 2025-12-20 | Hall Justin E | Grant | 959 | $240.38 |
| 2025-12-20 | NAGARAJAN SUNDARAM | Grant | 8.4K | $240.38 |
| 2025-12-20 | Siddiqui Sarah | Grant | 1.0K | $240.38 |
| 2025-12-20 | Subramanian Srinivas | Grant | 1.0K | $240.38 |
| 2025-12-20 | Kelley Joseph P | Grant | 2.4K | $240.38 |
| 2025-12-19 | Hall Justin E | Tax withheld | 18 | $240.38 |
| 2025-12-19 | Siddiqui Sarah | Tax withheld | 95 | $240.38 |
| 2025-12-19 | Subramanian Srinivas | Tax withheld | 59 | $240.38 |
| 2025-12-19 | Kelley Joseph P | Tax withheld | 208 | $240.38 |
| 2025-12-19 | DeVries James E | Tax withheld | 95 | $240.38 |
| 2025-12-19 | DeVries James E | Tax withheld | 213 | $240.38 |
| 2025-12-19 | MCDONOUGH JENNIFER L | Tax withheld | 107 | $240.38 |
| 2025-12-19 | NAGARAJAN SUNDARAM | Tax withheld | 734 | $240.38 |
| 2025-12-19 | Hopgood Daniel Roy | Tax withheld | 118 | $240.38 |
| 2025-12-01 | Siddiqui Sarah | Tax withheld | 106 | $235.03 |
| 2025-12-01 | Subramanian Srinivas | Tax withheld | 40 | $235.03 |
| 2025-12-01 | Subramanian Srinivas | Tax withheld | 66 | $235.03 |
| 2025-12-01 | Kelley Joseph P | Tax withheld | 223 | $235.03 |
| 2025-12-01 | Kelley Joseph P | Tax withheld | 225 | $235.03 |
| 2025-12-01 | DeVries James E | Tax withheld | 106 | $235.03 |
| 2025-12-01 | DeVries James E | Tax withheld | 107 | $235.03 |
| 2025-12-01 | MCDONOUGH JENNIFER L | Tax withheld | 100 | $235.03 |
| 2025-12-01 | MCDONOUGH JENNIFER L | Tax withheld | 108 | $235.03 |
| 2025-12-01 | NAGARAJAN SUNDARAM | Tax withheld | 655 | $235.03 |
| 2025-12-01 | NAGARAJAN SUNDARAM | Tax withheld | 768 | $235.03 |
| 2025-12-01 | Hall Justin E | Tax withheld | 19 | $235.03 |
| 2025-12-01 | Hall Justin E | Tax withheld | 17 | $235.03 |
| 2025-11-10 | DeVries James E | Option exercise | 9.1K | $70.91 |
| 2025-11-10 | DeVries James E | Sell | 9.1K | $233.60 |
| 2025-11-03 | Morris Milton Mayo | Sell | 265 | $231.00 |
| 2025-11-01 | Morris Milton Mayo | Grant | 822 | $231.95 |
| 2025-11-01 | DeFord John A | Grant | 822 | $231.95 |
| 2025-11-01 | JAEHNERT FRANK M | Grant | 822 | $231.95 |
| 2025-11-01 | MAPES CHRISTOPHER L | Grant | 822 | $231.95 |
| 2025-11-01 | RICHEY VICTOR L JR | Grant | 822 | $231.95 |
| 2025-11-01 | CLAYTON ANNETTE K | Grant | 822 | $231.95 |
| 2025-11-01 | MERRIMAN MICHAEL J | Grant | 822 | $231.95 |
| 2025-11-01 | Parmentier Jennifer A | Grant | 822 | $231.95 |
| 2025-11-01 | JONES GINGER M | Grant | 822 | $231.95 |
| 2025-10-31 | DeVries James E | Tax withheld | 268 | $231.95 |
| 2025-10-31 | MAPES CHRISTOPHER L | Grant | 108 | $231.95 |
| 2025-10-31 | CLAYTON ANNETTE K | Grant | 108 | $231.95 |
| 2025-10-21 | Kelley Joseph P | Sell | 2.2K | $240.00 |
| 2025-10-16 | Kelley Joseph P | Sell | 2.3K | $232.39 |
| 2025-08-01 | Subramanian Srinivas | Tax withheld | 10 | $209.25 |
| 2025-08-01 | Rutledge Joseph M | Grant | 2.9K | $209.25 |
| 2025-07-31 | CLAYTON ANNETTE K | Grant | 117 | $214.21 |
| 2025-07-31 | MAPES CHRISTOPHER L | Grant | 117 | $214.21 |
| 2025-07-10 | Shamrock Stephen F | Other | 1.2K | $223.17 |
| 2025-06-13 | Lovass Stephen | Tax withheld | 19 | $211.99 |
| 2025-06-13 | Lovass Stephen | Tax withheld | 60 | $211.99 |
| 2025-06-01 | Lovass Stephen | Other | 2.6K | $211.99 |
| 2025-06-01 | Hopgood Daniel Roy | Tax withheld | 152 | $211.99 |
| 2025-04-30 | MAPES CHRISTOPHER L | Grant | 132 | $189.57 |
| 2025-04-30 | CLAYTON ANNETTE K | Grant | 132 | $189.57 |
| 2025-03-25 | Shamrock Stephen F | Tax withheld | 42 | $207.58 |
| 2025-02-28 | Siddiqui Sarah | Tax withheld | 31 | $210.29 |
| 2025-01-31 | CLAYTON ANNETTE K | Grant | 114 | $220.22 |
| 2025-01-31 | MAPES CHRISTOPHER L | Grant | 114 | $220.22 |
| 2025-01-15 | NAGARAJAN SUNDARAM | Other | 8.0K | — |
| 2025-01-15 | NAGARAJAN SUNDARAM | Other | 8.0K | — |
| 2025-01-07 | Lovass Stephen | Sell | 1.3K | $206.79 |
| 2025-01-06 | Siddiqui Sarah | Tax withheld | 600 | $206.96 |
| 2025-01-06 | Subramanian Srinivas | Grant | 581 | $206.96 |
| 2025-01-06 | Subramanian Srinivas | Tax withheld | 175 | $206.96 |
| 2025-01-06 | MCDONOUGH JENNIFER L | Grant | 1.2K | $206.96 |
| 2025-01-06 | MCDONOUGH JENNIFER L | Tax withheld | 541 | $206.96 |
| 2025-01-06 | Lovass Stephen | Grant | 1.8K | $206.96 |
| 2025-01-06 | Lovass Stephen | Tax withheld | 542 | $206.96 |
| 2025-01-06 | Kelley Joseph P | Grant | 2.6K | $206.96 |
| 2025-01-06 | Kelley Joseph P | Tax withheld | 1.2K | $206.96 |
| 2025-01-06 | DeVries James E | Grant | 1.3K | $206.96 |
| 2025-01-06 | DeVries James E | Tax withheld | 389 | $206.96 |
| 2025-01-06 | NAGARAJAN SUNDARAM | Grant | 911 | $206.96 |
| 2025-01-06 | NAGARAJAN SUNDARAM | Tax withheld | 666 | $206.96 |
| 2025-01-06 | Siddiqui Sarah | Grant | 2.0K | $206.96 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-03 | Debt obligation | filing ↗ |
| 2026-05-20 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-04 | Shareholder vote | filing ↗ |
| 2026-02-18 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-02 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-12-10 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-28 | Exec/director changeExhibits | filing ↗ |
| 2025-08-20 | ResultsReg FDOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-03 | 2026-06-02 | 0000072331-26-000034 ↗ |
| 10-Q | 2026-05-21 | 2026-04-30 | 0000072331-26-000024 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0000072331-26-000022 ↗ |
| 8-K | 2026-03-04 | 2026-03-02 | 0000072331-26-000017 ↗ |
| 10-Q | 2026-02-19 | 2026-01-31 | 0000072331-26-000014 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0000072331-26-000011 ↗ |
| 8-K | 2026-02-02 | 2026-01-30 | 0000072331-26-000005 ↗ |
| 10-K | 2025-12-17 | 2025-10-31 | 0000072331-25-000144 ↗ |
| 8-K | 2025-12-10 | 2025-12-10 | 0000072331-25-000138 ↗ |
| 8-K | 2025-10-28 | 2025-10-23 | 0000072331-25-000125 ↗ |
| 10-Q | 2025-08-21 | 2025-07-31 | 0000072331-25-000114 ↗ |
| 8-K | 2025-08-20 | 2025-08-20 | 0000072331-25-000112 ↗ |