$NDSN

NORDSON CORP

CIK:0000072331|SEC Filings

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2026	Jul. 31, 2025	Jul. 31, 2026	Jul. 31, 2025
Income Statement [Abstract]
Sales	$ 817,667	$ 741,509	$ 2,227,975	$ 2,039,867
Costs and Expenses [Abstract]
Cost of sales	363,935	334,992	1,004,044	923,550
Selling and administrative expenses	230,640	206,539	637,231	606,642
Divestiture and related charges	0	12,211	0	12,211
Operating profit	223,092	187,767	586,700	497,464
Nonoperating Income (Expense) [Abstract]
Interest expense	(20,823)	(26,258)	(65,896)	(79,389)
Pension settlement charge	0	0	(24,049)	0
Interest and investment income	464	560	1,216	2,054
Other - net	(16,794)	(2,945)	(6,357)	(5,380)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	185,939	159,124	491,614	414,749
Income tax expense	33,093	33,340	88,070	81,909
Net income	$ 152,846	$ 125,784	$ 403,544	$ 332,840
Average common shares (in shares)	55,714	56,438	55,766	56,784
Incremental common shares attributable to equity compensation (in shares)	313	290	318	300
Average common shares attributable and common share equivalents (in shares)	56,027	56,728	56,084	57,084
Basic earnings per share (in dollars per share)	$ 2.74	$ 2.23	$ 7.24	$ 5.86
Diluted earnings per share (in dollars per share)	$ 2.73	$ 2.22	$ 7.20	$ 5.83

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2026	Jul. 31, 2025
Cash flows from operating activities:
Net income	$ 403,544	$ 332,840
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	109,446	112,454
Pension settlement charge	24,049	0
Non-cash stock compensation	17,512	13,255
Deferred income taxes	(8,647)	(3,303)
Other non-cash expense	6,167	2,009
(Gain) loss on sale of property, plant and equipment	(247)	193
Divestiture and related charges	0	12,211
Changes in operating assets and liabilities and other	18,649	46,605
Net cash provided by operating activities	570,473	516,264
Cash flows from investing activities:
Additions to property, plant and equipment	(40,313)	(49,002)
Proceeds from sale of property, plant and equipment	1,107	305
Other	(4,620)	3,967
Acquisition of business, net of cash acquired	(11,643)	0
Net cash used in investing activities	(55,469)	(44,730)
Cash flows from financing activities:
Proceeds from issuance of debt	269,380	24,952
Proceeds from (repayment of) short-term debt - net	192,000	0
Repayment of debt	(719,405)	(119,616)
Repayment of finance lease obligations	(5,633)	(4,083)
Issuance of common shares	49,143	5,419
Purchase of treasury shares	(158,792)	(218,194)
Dividends paid	(137,384)	(133,008)
Net cash used in financing activities	(510,691)	(444,530)
Effect of exchange rate changes on cash	676	4,832
Increase in cash and cash equivalents	4,989	31,836
Cash and cash equivalents at beginning of period	108,442	115,952
Cash and cash equivalents at end of period	$ 113,431	$ 147,788

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2026	Oct. 31, 2025
Current assets:
Cash and cash equivalents	$ 113,431	$ 108,442
Receivables - net	648,827	587,843
Inventories - net	469,310	444,814
Prepaid expenses and other current assets	96,300	101,752
Total current assets	1,327,868	1,242,851
Goodwill	3,315,820	3,304,685
Intangible assets - net	626,343	681,587
Property, plant and equipment - net	517,012	516,914
Operating right of use lease assets	65,363	77,478
Deferred income taxes	11,758	11,246
Other assets	83,756	82,920
Assets, Total	5,947,920	5,917,681
Current liabilities:
Short-term debt	192,000	0
Current maturities of long-term debt and notes payable	10,000	315,000
Accrued liabilities	232,665	229,095
Accounts payable	154,632	121,006
Customer advanced payments	69,618	44,009
Income taxes payable	44,469	25,856
Operating lease liability - current	15,168	17,402
Finance lease liability - current	9,920	5,892
Total current liabilities	728,472	758,260
Long-term debt	1,529,005	1,681,254
Operating lease liability - noncurrent	53,361	64,451
Deferred income taxes	191,117	192,186
Postretirement obligations	43,737	43,786
Pension obligations	41,538	43,205
Finance lease liability - noncurrent	8,758	8,359
Other long-term liabilities	82,873	82,609
Shareholders' equity:
Common shares	12,253	12,253
Capital in excess of stated value	801,948	740,789
Retained earnings	4,866,764	4,600,604
Accumulated other comprehensive loss	(48,992)	(100,457)
Common shares in treasury, at cost	(2,362,914)	(2,209,618)
Total shareholders' equity	3,269,059	3,043,571
Total shareholders' equity	$ 5,947,920	$ 5,917,681