Nordson Corporation NDSN

325.77 2.51 0.78% as of 25 Sep
Market cap
$18.0B
P/E
32.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Nordson Corporation (NDSN) Current ratio

Nordson Corporation's current ratio at the end of the quarter to 31 July 2026 was 1.8×, up 0.2× from fiscal 2025 (1.6×). Over the past ten years it has ranged from 1.4× (fiscal 2022) to 2.8× (fiscal 2020); the current reading is higher than 27% of that period. That is below the Specialty Industrial Machinery industry median of 2.1× and in line with the Industrials sector median of 1.8×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 1.6× (32.06%)
FY2024 2.4× 14.24%
FY2023 2.1× 55.50%
FY2022 1.4× (48.07%)
FY2021 2.6× (6.96%)
FY2020 2.8× 32.77%
FY2019 2.1× (16.12%)
FY2018 2.5× 84.03%
FY2017 1.4× (39.01%)
FY2016 2.2× (8.11%)

Quarterly

Period Current ratio Change
Jul 2026 1.8× (29.81%)
Apr 2026 2.6× (4.55%)
Jan 2026 2.7× 65.99%
Oct 2025 1.6× (3.26%)
43 more quarters

Against its own ten years

Low 1.4× High 2.8×
Ten-year median 2.2×
Current reading's percentile 27

Current ratio against peers

Company Current ratio
IEX IDEX Corporation compare 3.0×
GGG Graco Inc. compare 3.0×
WTS Watts Water Technologies, Inc. compare 2.7×
DOV Dover Corporation compare 2.0×
NDSN Nordson Corporation 1.8×
XYL Xylem Inc. compare 1.6×
SYM Symbotic Inc. compare 1.3×
ITT ITT Inc. compare 1.3×
OTIS Otis Worldwide Corporation compare 0.8×
Specialty Industrial Machinery industry median 2.1×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on NDSN