Graco vs Nordson
Nordson reported revenue of $2.8 billion in fiscal 2025, 1.2 times Graco's $2.2 billion in fiscal 2025. Graco's revenue grew 5.8% in its latest year, and Nordson's grew 3.8%. Graco had an operating margin of 27.9%, against 25.5% at Nordson. Free cash flow was $638 million at Graco and $661 million at Nordson. Their fiscal years end in different months (December 26 and October 31), so the periods don't line up exactly.
Side by side
| Graco | Nordson | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 26, 2025 | FY2025, Oct 31, 2025 |
| Revenue | $2.2B | $2.8B |
| Revenue growth | 5.8% | 3.8% |
| Revenue growth a year, last 5 years | 6.3% | 5.6% |
| Gross margin | 52.5% | 55.2% |
| Operating margin | 27.9% | 25.5% |
| Net margin | 23.3% | 17.4% |
| Free cash flow | $638M | $661M |
| Free cash flow margin | 28.5% | 23.7% |
| Return on capital | 25.8% | 11.6% |
| Net debt to EBITDA | −0.8x | 2.4x |
| Dividends and buybacks | $606M | $486M |
| Change in diluted share count | −1.9% | −1.2% |
| Last close | $66.07 | $321.98 |
| P/E at the last close | 21.3× | 32.6× |
| Insider trades, last 12 months | bought $99,857, sold $4.0 million | sold $25.7 million |
| Piotroski F-score | 4 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
GracoNordson
Operating margin
Percent of revenue
GracoNordson
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
GracoNordson