What is Nordson's operating margin?

Latest reported operating margin for Nordson (NDSN) is 26.37% as of the trailing twelve months (TTM) ending April 30, 2026.

How has Nordson operating margin changed year-over-year?

Nordson (NDSN) operating margin changed +0.9 percentage points year-over-year on the latest annual filing.

When did Nordson operating margin hit its highest annual value?

Nordson operating margin reached its highest annual value of 27.12% in 2022.

What was Nordson operating margin in 2024?

Nordson (NDSN) operating margin in 2024 was 25.06%.

What was Nordson operating margin in 2025?

Nordson (NDSN) operating margin in 2025 was 25.94%.

Nordson (NDSN) Operating Margin — Annual & Quarterly

TTM

26.4%

YoY change

+0.89pp

Trough year (2009)

-15.6%

Peak year (2022)

27.1%

Operating Margin history chart for Nordson (NDSN) from 1985 to 2025

Latest: 25.9%

Operating Margin change chart for Nordson (NDSN) from 1985 to 2025

Latest: +0.89pp

Operating Margin history table for Nordson (NDSN) from 1985 to 2025


2025	25.9%	+0.89pp	Oct 31, 2025	Dec 17, 2025
2024	25.1%	-0.54pp	Oct 31, 2024	Dec 18, 2024
2023	25.6%	-1.52pp	Oct 31, 2023	Dec 20, 2023
2022	27.1%	+1.07pp	Oct 31, 2022	Dec 19, 2022
2021	26.0%	+9.56pp	Oct 31, 2021	Dec 17, 2021
2020	16.5%	-5.54pp	Oct 31, 2020	Dec 18, 2020
2019	22.0%	-0.27pp	Oct 31, 2019	Dec 13, 2019
2018	22.3%	-0.27pp	Oct 31, 2018	Dec 14, 2018
2017	22.6%	+1.09pp	Oct 31, 2017	Dec 15, 2017
2016	21.5%	+2.66pp	Oct 31, 2016	Dec 15, 2016
2015	18.8%	-2.73pp	Oct 31, 2015	Dec 15, 2015
2014	21.5%	+0.55pp	Oct 31, 2014	Dec 15, 2014
2013	21.0%	-2.81pp	Oct 31, 2013	Dec 16, 2013
2012	23.8%	-1.79pp	Oct 31, 2012	Dec 17, 2012
2011	25.6%	+3.04pp	Oct 31, 2011	Dec 16, 2011
2010	22.5%	+38.15pp	Oct 31, 2010	Dec 17, 2010
2009	-15.6%	-32.52pp	Oct 31, 2009	Dec 18, 2009
2008	16.9%	+1.61pp	Oct 31, 2008	Dec 19, 2008
2007	15.3%	-1.23pp	Oct 31, 2007	Dec 21, 2007
2006	16.5%	+0.97pp	Oct 31, 2006	Jan 12, 2007
2005	15.6%	+0.63pp	Oct 31, 2005	Jan 13, 2006
2004	14.9%	+4.72pp	Oct 31, 2004	Jan 14, 2005
2003	10.2%	+2.04pp	Oct 31, 2003	Jan 21, 2004
2002	8.2%	+0.05pp	Oct 31, 2002	Jan 27, 2003
2001	8.1%	-5.42pp	Oct 31, 2001	Jan 25, 2002
2000	13.6%	+2.14pp	Oct 31, 2000	Jan 26, 2001
1999	11.4%	+0.66pp	Oct 31, 1999	Jan 28, 2000
1998	10.8%	-0.88pp	Oct 31, 1998	Jan 29, 1999
1997	11.6%	-2.18pp	Oct 31, 1997	Jan 30, 1998
1996	13.8%	-0.61pp	Oct 31, 1996	Jan 31, 1997
1995	14.4%	-0.25pp	Oct 31, 1995	Jun 28, 1996
1994	14.7%	+0.08pp	Oct 31, 1994	Jan 27, 1995
1993	14.6%	-1.19pp	Oct 31, 1993	Jun 28, 1994
1992	15.8%	+0.74pp	Oct 31, 1992	Oct 31, 1992
1991	15.1%	+0.64pp	Oct 31, 1991	Oct 31, 1991
1990	14.4%	-4.31pp	Oct 31, 1990	Oct 31, 1990
1989	18.7%	-1.41pp	Oct 31, 1989	Oct 31, 1989
1988	20.1%	+0.87pp	Oct 31, 1988	Oct 31, 1988
1987	19.2%	+5.91pp	Oct 31, 1987	Oct 31, 1987
1986	13.3%	+2.19pp	Oct 31, 1986	Oct 31, 1986
1985	11.1%	—	Oct 31, 1985	Oct 31, 1985

202525.9%+0.89pp
202425.1%-0.54pp
202325.6%-1.52pp
202227.1%+1.07pp
202126.0%+9.56pp
202016.5%-5.54pp
201922.0%-0.27pp
201822.3%-0.27pp
201722.6%+1.09pp
201621.5%+2.66pp
201518.8%-2.73pp
201421.5%+0.55pp
201321.0%-2.81pp
201223.8%-1.79pp
201125.6%+3.04pp
201022.5%+38.15pp
2009-15.6%-32.52pp
200816.9%+1.61pp
200715.3%-1.23pp
200616.5%+0.97pp
200515.6%+0.63pp
200414.9%+4.72pp
200310.2%+2.04pp
20028.2%+0.05pp
20018.1%-5.42pp
200013.6%+2.14pp
199911.4%+0.66pp
199810.8%-0.88pp
199711.6%-2.18pp
199613.8%-0.61pp
199514.4%-0.25pp
199414.7%+0.08pp
199314.6%-1.19pp
199215.8%+0.74pp
199115.1%+0.64pp
199014.4%-4.31pp
198918.7%-1.41pp
198820.1%+0.87pp
198719.2%+5.91pp
198613.3%+2.19pp
198511.1%—

Operating Margin values are taken from Nordson's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Nordson (NDSN)

According to Nordson's latest reported financial statements, the company's latest reported operating margin is 26.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending April 30, 2026 (reported May 21, 2026). Chart and table below cover the full reported history back to 1985.

Nordson (NDSN) most recent annual operating margin stands at 25.94% (2025) – expanded 0.9 percentage points year-over-year.

Across the available history, operating margin reached its high of 27.12% in 2022 and its low of -15.60% in 2009.

Nordson Operating Margin by Year

Nordson Operating Margin 2025: 25.9%

Nordson posted operating margin of 25.94% in 2025, expanded 0.9 percentage points from 2024.

Nordson Operating Margin 2024: 25.1%

In 2024, Nordson reported operating margin of 25.06%, contracted 0.5 percentage points from 2023.

Nordson Operating Margin 2023: 25.6%

Nordson operating margin in 2023 was 25.59%, contracted 1.5 percentage points from 2022.

Nordson Operating Margin 2022: 27.1%

2022's operating margin for Nordson came in at 27.12%, expanded 1.1 percentage points from 2021. This figure represents the highest annual value in the available history.

Nordson Operating Margin 2021: 26.0%

Nordson operating margin in 2021 was 26.04%.

See more financial history for Nordson (NDSN).

Sector peers by Operating Margin

Industrials peers of Nordson (NDSN), ranked by their latest operating margin


Union Pacific (UNP)	40.1%
GE Aerospace (GE)	18.5%
Eaton Corporation (ETN)	18.1%
Deere & Company (DE)	17.9%
Caterpillar (CAT)	16.6%
Honeywell International (HON)	14.9%
RTX (RTX)	10.9%
Boeing (BA)	-5.9%

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