Nordson (NDSN) FY2022 results: revenue $2.6 billion, up 9.7% on the year
Nordson Corp. (NDSN) reported revenue of $2.6 billion for fiscal 2022, the year ended 31 October 2022, up 9.7% on the year before. Net income was $513 million, up 12.9%, and diluted earnings per share $8.81. The figures are the company's own, from the 10-K it filed with the SEC on 19 December 2022.
Revenue
$2.6 billion
+9.7% on the year
FY2015FY2022
Operating margin
27.1%
26.0% a year earlier
FY2015FY2022
Net income
$513 million
+12.9% on the year
FY2015FY2022
Diluted EPS
$8.81
+13.8% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
513
546
502
-6.0%
Capital expenditure
51.4
38.3
50.5
+34.3%
Free cash flow
462
508
452
-9.0%
Free cash flow margin
17.8%
21.5%
21.3%
Cash from investing
-223
-33.2
-194
Cash from financing
-416
-423
-252
Depreciation and amortisation
99.9
104
113
-3.8%
Share-based compensation
30.7
22.8
12.9
+35.1%
Buybacks
263
61.0
52.6
+331.1%
Dividends paid
126
97.7
88.3
+28.9%
Dividend per share
$2.18
$1.69
$1.53
+29.0%
Diluted shares, weighted
58m
59m
58m
-0.8%
Shares outstanding at period end
57m
58m
58m
-1.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,294
2,159
1,759
+6.3%
Debt
738
812
1,106
-9.2%
Operating lease liabilities
90.8
97.7
109
-7.1%
Finance lease liabilities
11.2
14.9
10.5
-25.2%
Other liabilities
686
707
690
-2.9%
Total liabilities and equity
3,820
3,791
3,675
+0.8%
Fixed assets
353
356
359
-0.6%
Goodwill
1,805
1,713
1,713
+5.3%
Intangible assets
329
357
408
-7.8%
Cash and equivalents
163
300
208
-45.5%
Receivables
537
489
472
+9.8%
Inventory
383
327
277
+17.2%
Other assets
249
248
238
+0.1%
Total assets
3,820
3,791
3,675
+0.8%
10-K for the year ended 31 October 2022, filed 19 December 2022: the filing.