Nordson (NDSN) Interest Coverage Ratio (2009 - 2026)
Nordson's Interest Coverage Ratio was 10.71 in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 49.8% from 7.15 a year earlier and up 19.2% from the prior quarter.
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Analysis
Nordson (NDSN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nordson's Interest Coverage Ratio was 8.83 through Jul 31, 2026, up 41.0% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 6.83, down 9.8% from FY2024.
- Interest Coverage Ratio has now declined for three consecutive fiscal years.
- In earlier fiscal years, Interest Coverage Ratio was 7.58 in FY2024 (-33.0%), 11.31 in FY2023 (-63.9%), 31.34 in FY2022 (+29.9%) and 24.13 in FY2021 (+122.0%).
- The fiscal Q3 2026 figure marks the highest quarterly Interest Coverage Ratio since fiscal Q3 2023.
- Compared with a year earlier, Interest Coverage Ratio has increased for four straight quarters, with growth averaging 10.5% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q4 2021 (growth of 422.7%); the worst was fiscal Q4 2023 (a decline of 78.1%).
- Per Business Quant data, NDSN's Interest Coverage Ratio in the three fiscal quarters before Q3 2026 was 8.99 (Q2 2026), 7.19 (Q1 2026) and 8.65 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 36.66 |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 14.52 |
| 10 | Nordson | 18.46 Bn | 18.01 Bn | 453.73 Mn | 10.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.71 |
| Apr 30, 2026 | 8.99 |
| Jan 31, 2026 | 7.19 |
| Oct 31, 2025 | 8.65 |
| Jul 31, 2025 | 7.15 |
| Apr 30, 2025 | 6.35 |
| Jan 31, 2025 | 5.31 |
| Oct 31, 2024 | 6.26 |
| Jul 31, 2024 | 8.88 |
| Apr 30, 2024 | 8.39 |
| Jan 31, 2024 | 7.44 |
| Oct 31, 2023 | 6.86 |
| Jul 31, 2023 | 14.14 |
| Apr 30, 2023 | 17.40 |
| Jan 31, 2023 | 13.70 |
| Oct 31, 2022 | 31.35 |
| Jul 31, 2022 | 32.23 |
| Apr 30, 2022 | 34.32 |
| Jan 31, 2022 | 27.59 |
| Oct 31, 2021 | 28.68 |
API Access
Nordson Interest 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=interest-coverage-ratio&ticker=NDSN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-coverage-ratio&ticker=NDSN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();