Nordson (NDSN) Dividend Coverage Ratio (2009 - 2026)
Nordson's (NDSN) Dividend Coverage Ratio stood at 3.34 in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 17.1% from 2.85 a year earlier and up 30.6% from the prior quarter.
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Analysis
Nordson (NDSN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Nordson's Dividend Coverage Ratio came in at 3.03 as of Jul 31, 2026, up 18.2% year-over-year; for FY2025 (ended Oct 31, 2025), it was 2.71, down 6.5% from FY2024.
- Annual Dividend Coverage Ratio has declined for four straight fiscal years.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 2.89 in FY2024 (-10.7%), 3.24 in FY2023 (-20.4%), 4.08 in FY2022 (-12.4%) and 4.65 in FY2021 (+64.7%).
- The fiscal Q3 2026 figure is the highest quarterly Dividend Coverage Ratio since fiscal Q3 2023.
- On a year-over-year basis, Dividend Coverage Ratio has increased for four consecutive quarters, with growth averaging 1.5% over the last eight quarters.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 355.7% in fiscal Q4 2021, against a decline of 32.3% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 2.56 (Q2 2026), 2.91 (Q1 2026) and 3.29 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 2.31 |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 1.76 |
| 10 | Nordson | 18.45 Bn | 18.01 Bn | 453.73 Mn | 3.34 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.34 |
| Apr 30, 2026 | 2.56 |
| Jan 31, 2026 | 2.91 |
| Oct 31, 2025 | 3.29 |
| Jul 31, 2025 | 2.85 |
| Apr 30, 2025 | 2.54 |
| Jan 31, 2025 | 2.12 |
| Oct 31, 2024 | 2.74 |
| Jul 31, 2024 | 3.01 |
| Apr 30, 2024 | 3.04 |
| Jan 31, 2024 | 2.82 |
| Oct 31, 2023 | 3.29 |
| Jul 31, 2023 | 3.45 |
| Apr 30, 2023 | 3.42 |
| Jan 31, 2023 | 2.80 |
| Oct 31, 2022 | 3.79 |
| Jul 31, 2022 | 4.83 |
| Apr 30, 2022 | 3.71 |
| Jan 31, 2022 | 4.05 |
| Oct 31, 2021 | 3.72 |
API Access
Nordson Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NDSN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NDSN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NDSN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();