Filing Flows › Nordson (NDSN) › Q4 FY24
Nordson (NDSN) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 18, 2024
Nordson (NDSN) reported revenue of $744M for the fourth quarter fiscal 2024 (Q4 FY24), +3% from a year earlier and +13% from the quarter before. Operating margin was 24.0%, net earnings $122M (16.4% of revenue).
Nordson, Q4 FY24: revenue $744M (+4% year over year), operating margin 24.0%, net earnings $122M, operating cash flow $96.4M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $744M | +13% | +3% |
| Operating profit | $179M | +7% | -3% |
| Net earnings | $122M | +4% | -4% |
| Operating cash flow | $96.4M | -42% | -41% |
| Free cash flow | $75.8M | -47% | -50% |
What changed
Revenue was $744.5M in Q4 FY24, up 3% year over year and up 13% from the previous quarter.
Operating profit was $178.9M, a 24.0% margin (down 1.7 points year over year). Operating profit fell $6.1M even though revenue rose $25.2M versus a year earlier, so costs grew faster than sales. Total costs grew 6% against revenue growth of 3%. The fastest-growing cost line was SG&A (+12%). Net earnings were $122.2M, down 4% year over year. The effective tax rate was 17.5%.
Operating cash flow was $96.4M (down 41% year over year), 79% of net earnings. Non-cash charges added back $36.5M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items used $66.7M. Capital expenditures of $20.6M left free cash flow of $75.8M.
Questions
What was Nordson's revenue in the fourth quarter fiscal 2024?
Nordson (NDSN) reported revenue of $744M for the fourth quarter fiscal 2024 (Q4 FY24), +3% from a year earlier and +13% from the quarter before.
Was Nordson profitable in the fourth quarter fiscal 2024?
Operating profit was $179M (24.0% of revenue) and net earnings $122M.
Source: Nordson 10-K on SEC EDGAR.