Nordson (NDSN) FY2021 results: revenue $2.4 billion, up 11.4% on the year
Nordson Corp. (NDSN) reported revenue of $2.4 billion for fiscal 2021, the year ended 31 October 2021, up 11.4% on the year before. Net income was $454 million, up 82.1%, and diluted earnings per share $7.74. The figures are the company's own, from the 10-K it filed with the SEC on 17 December 2021.
Revenue
$2.4 billion
+11.4% on the year
FY2014FY2021
Operating margin
26.0%
16.5% a year earlier
FY2014FY2021
Net income
$454 million
+82.1% on the year
FY2014FY2021
Diluted EPS
$7.74
+81.3% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
546
502
383
+8.7%
Capital expenditure
38.3
50.5
64.2
-24.2%
Free cash flow
508
452
319
+12.3%
Free cash flow margin
21.5%
21.3%
14.5%
Cash from investing
-33.2
-194
-76.3
Cash from financing
-423
-252
-251
Depreciation and amortisation
104
113
110
-8.3%
Share-based compensation
22.8
12.9
18.1
+77.0%
Buybacks
61.0
52.6
121
+15.9%
Dividends paid
97.7
88.3
82.1
+10.6%
Dividend per share
$1.69
$1.53
$1.43
+10.5%
Diluted shares, weighted
59m
58m
58m
+0.4%
Shares outstanding at period end
58m
58m
58m
+0.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,159
1,759
1,581
+22.7%
Debt
812
1,106
1,244
-26.6%
Operating lease liabilities
97.7
109
0.0
-10.6%
Finance lease liabilities
14.9
10.5
9.5
+42.7%
Other liabilities
707
690
682
+2.5%
Total liabilities and equity
3,791
3,675
3,516
+3.2%
Fixed assets
356
359
399
-0.9%
Goodwill
1,713
1,713
1,615
-0.0%
Intangible assets
357
408
446
-12.3%
Cash and equivalents
300
208
151
+44.0%
Receivables
489
472
531
+3.7%
Inventory
327
277
283
+18.1%
Other assets
248
238
91.9
+4.4%
Total assets
3,791
3,675
3,516
+3.2%
10-K for the year ended 31 October 2021, filed 17 December 2021: the filing.