Crane vs Nordson
Nordson is the larger business, with $2.79bn of revenue in fiscal 2025 against $2.31bn for Crane (1.2 times as much). Crane grew faster (8.2% against 3.8%). Nordson kept more of each dollar of sales as profit: a net margin of 17.4% against 15.9%. Crane carries less debt relative to equity (55.7% against 65.7%).
| Latest fiscal year | CraneCR, 2025 | NordsonNDSN, 2025 |
|---|---|---|
| Revenue | $2.31bn | $2.79bn |
| Revenue growth | 8.2% | 3.8% |
| Net income | $367m | $484m |
| Operating margin | 18.4% | 25.5% |
| Net margin | 15.9% | 17.4% |
| Return on equity | 19.8% | 16.2% |
| Free cash flow | $341m | $661m |
| Cash | $507m | $108m |
| Total debt | $1.15bn | $2.00bn |
| Debt to equity | 55.7% | 65.7% |
| Dividend per share | $0.92 | $3.16 |
| Dividend yield | 0.5% | 1.0% |
| Share buybacks | — | $306m |
| Employees | 4,200 | 8,000 |
| Market value | $11.99bn | $18.61bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | 91 (Strong) |
| Insider trades, 12 months | 6 buys, 3 sales | 0 buys, 53 sales |