Nordson (NDSN) Earnings Report, Financial Results, Financial analysis

Nordson Corporation reported in the second quarter of 2023 net earnings per share of $2.21 an increase by 17.55 % year on year from $1.88 and an improvement of 22.1 % from $1.81 realized in I. Quarter (Jan 31 2023).

*second quarter of 2023*
Earnings Per Share	Revenues
$ 2.21	$ 650 Mill
$+0.33 +17.55 %	$+15M +2.32 %

Nordson's Revenue rose by 2.32 % in second quarter of 2023 (Apr 30 2023) year on year, to $650 million and advanced by 6.5 % sequentially.

Nordson is Expected to report next financial results on August 25, 2023.

More on NDSN's Income Statement

NDSN's NET INCOME

Nordson's net income of $127.563 million in the second quarter of 2023 increased by 16.35 % from net earnings of $109.634 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 22.35 % from net income of $104.261 million realized in previous quarter.

More on NDSN's Growth

Nordson Inventories
Inventories grew by 14.86 % to $440 million from II. Quarter a year ago, sequentially inventories fell by -1.69 %. NDSN's Cash flow In thesecond quarter of 2023 company's net cash flow was $7 million, capital expenditures grew by -50.78%, to $-6 millions compare to same quarter a year ago and rose by -34.99% from I. Quarter (Jan 31 2023).

More on NDSN's Cash flow Statement

Earnings quality

Nordson Corporation payed out dividend of $2.46 per share in last 52 weeks representing 27.61 % of net earning per share in trailing twelve-month period.

During the same period Nordson Corporation earned $ 10.17 cash per share, on a free-cash flow basis 114.13 % of net earning per share.

Book value grew by 2.20 % sequentially to $43.29 per share, 64.72% of net income per share in trailing twelve-month period were contributed to shareholder value.

Company repurchased 0.08 million shares or 0.14 % in Apr 30 2023.
Interest Coverage Ratio was 21.43. Debt Coverage Ratio was 0.78.

• More on NDSN's Dividends

Market Capitalization (Millions)	12,737
Shares Outstanding (Millions)	58
Total Debt (Millions $)	949
Revenue (TTM) (Millions $)	2,606
Net Income (TTM) (Millions $)	515
Cash Flow (TTM) (Millions $)	8
Capital Exp. (TTM) (Millions $)	-42
Dividend TTM ($)	2.46 $
Dividend Yield TTM (%)	1.17 %
Employees (TTM) $	7,331

Earnings quality

Nordson Corporation payed out dividend of $2.46 per share in the last 52 weeks representing 27.61 % of net earning per share in trailing twelve-month period.

During the same period Nordson Corporation had $ 10.17 cash flow per share, on a free-cash flow basis 114.13 % of net earning per share.

Book value grew by 2.20 % sequentially to $43.29 per share, 64.72% of net income per share in trailing twelve-month period were contributed to shareholder value.

Company repurchased 0.08 million shares or 0.14 % in Apr 30 2023.
Interest Coverage Ratio was 21.43. Debt Coverage Ratio was 0.78.

• More on NDSN's Balance Sheets

Market Capitalization (Millions)	12,737
Shares Outstanding (Millions)	58
Total Debt (Millions $)	949
Revenue (TTM) (Millions $)	2,606
Net Income (TTM) (Millions $)	515
Cash Flow (TTM) (Millions $)	8
Capital Exp. (TTM) (Millions $)	-42
Dividend TTM ($)	2.46 $
Dividend Yield TTM (%)	1.17 %
Employees (TTM) $	7,331

Nordson Corporation

NDSN's Financial Statements and Analysis