Nordson Corporation balance sheet
At the end of fiscal 2025, Nordson Corporation had total assets of $5.92bn and shareholders' equity of $3.04bn. It held $108m in cash against $2.00bn of debt: net debt of $1.89bn.
Balance sheet
| Fiscal year | 2009Oct 2009 | 2010Oct 2010 | 2011Oct 2011 | 2012Oct 2012 | 2013Oct 2013 | 2014Oct 2014 | 2015Oct 2015 | 2016Oct 2016 | 2017Oct 2017 | 2018Oct 2018 | 2019Oct 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Oct 2024 | 2025Oct 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 19 | 42 | 37 | 41 | 42 | 42 | 50 | 67 | 90 | 96 | 151 | 208 | 300 | 163 | 116 | 116 | 108 | 113 |
| Receivables | 191 | 244 | 254 | 325 | 309 | 366 | 390 | 429 | 505 | 491 | 531 | 472 | 489 | 537 | 591 | 595 | 588 | 649 |
| Inventory | 98 | 118 | 142 | 170 | 198 | 211 | 226 | 220 | 264 | 264 | 283 | 277 | 327 | 383 | 455 | 477 | 445 | 469 |
| Total current assets | 347 | 451 | 477 | 587 | 602 | 673 | 712 | 746 | 888 | 884 | 1,011 | 1,021 | 1,165 | 1,133 | 1,229 | 1,275 | 1,243 | 1,328 |
| Goodwill | 342 | 347 | 548 | 813 | 939 | 1,053 | 1,082 | 1,107 | 1,589 | 1,608 | 1,615 | 1,713 | 1,713 | 1,805 | 2,784 | 3,281 | 3,305 | 3,316 |
| Total assets | 891 | 986 | 1,304 | 1,830 | 2,053 | 2,280 | 2,358 | 2,421 | 3,415 | 3,421 | 3,516 | 3,675 | 3,791 | 3,820 | 5,252 | 6,001 | 5,918 | 5,948 |
| Accounts payable | 33 | 40 | 46 | 67 | 62 | 69 | 68 | 75 | 86 | 84 | 85 | 71 | 92 | 99 | 106 | 98 | 121 | 155 |
| Total current liabilities | 156 | 192 | 182 | 344 | 237 | 371 | 291 | 332 | 648 | 350 | 478 | 363 | 445 | 834 | 582 | 528 | 758 | 728 |
| Short-term debt | 4 | 14 | 6 | 56 | 11 | 11 | 23 | 38 | 327 | 29 | 169 | 38 | 34 | 393 | 116 | 104 | 315 | 10 |
| Long-term debt | — | 110 | 313 | 528 | 638 | 683 | 1,093 | 943 | 1,256 | 1,285 | 1,075 | 1,068 | 782 | 345 | 1,621 | 2,101 | 1,681 | 1,529 |
| Total debt | 4 | 125 | 319 | 584 | 649 | 694 | 1,115 | 983 | 1,587 | 1,318 | 1,248 | 1,109 | 817 | 739 | 1,749 | 2,224 | 2,000 | 1,923 |
| Shareholders' equity | 370 | 505 | 571 | 670 | 888 | 905 | 660 | 852 | 1,155 | 1,451 | 1,581 | 1,759 | 2,159 | 2,294 | 2,598 | 2,932 | 3,044 | 3,269 |
| Net debt (negative = net cash) | −14 | 82 | 282 | 542 | 607 | 651 | 1,065 | 915 | 1,496 | 1,222 | 1,097 | 901 | 518 | 575 | 1,634 | 2,108 | 1,892 | 1,810 |
| Shares outstanding | — | 68m | 66m | 64m | 64m | 62m | 57m | 57m | 58m | 58m | 58m | 58m | 58m | 57m | 57m | 57m | 56m | — |
| Quarter | 2024 Q4Oct 2024 | 2025 Q1Jan 2025 | 2025 Q2Apr 2025 | 2025 Q3Jul 2025 | 2025 Q4Oct 2025 | 2026 Q1Jan 2026 | 2026 Q2Apr 2026 | 2026 Q3Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 595 | 531 | 624 | 589 | 588 | 572 | 607 | 649 |
| Inventory | 477 | 472 | 474 | 459 | 445 | 451 | 468 | 469 |
| Total current assets | 1,275 | 1,226 | 1,324 | 1,327 | 1,243 | 1,252 | 1,277 | 1,328 |
| Goodwill | 3,281 | 3,242 | 3,311 | 3,306 | 3,305 | 3,332 | 3,333 | 3,316 |
| Total assets | 6,001 | 5,872 | 6,062 | 6,010 | 5,918 | 5,961 | 5,964 | 5,948 |
| Accounts payable | 98 | 89 | 120 | 130 | 121 | 118 | 142 | 155 |
| Total current liabilities | 528 | 484 | 517 | 783 | 758 | 460 | 492 | 728 |
| Short-term debt | 104 | 101 | 95 | 336 | 315 | 54 | 50 | 10 |
| Long-term debt | 2,101 | 2,085 | 2,119 | 1,786 | 1,681 | 1,943 | 1,836 | 1,529 |
| Total debt | 2,205 | 2,186 | 2,214 | 2,122 | 1,996 | 1,997 | 1,886 | 1,539 |
| Shareholders' equity | 2,932 | 2,877 | 2,960 | 2,982 | 3,044 | 3,112 | 3,202 | 3,269 |
| Shares outstanding | 57m | — | — | — | 56m | — | — | — |
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