Nordson (NDSN) Tax Rate (2009 - 2026)
Nordson (NDSN) reported Tax Rate of 17.80% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 3.15 percentage points from 20.95% a year earlier but up 0.90 percentage points from the prior quarter.
Nordson (NDSN) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Nordson's Tax Rate came in at 17.69%, down 1.46 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 18.94%, down 1.25 percentage points from FY2024.
- Tax Rate has declined for three consecutive fiscal years, though with a five-year change of +1.71 percentage points (FY2020 to FY2025).
- By fiscal year, Tax Rate came in at 20.19% in FY2024 (-0.59 pp), 20.78% in FY2023 (-0.20 pp), 20.97% in FY2022 (+0.11 pp) and 20.87% in FY2021 (+3.63 pp).
- Five-year quarterly Tax Rate spans a low of 16.90% in fiscal Q2 2026 and a high of 21.49% in fiscal Q3 2024.
- Year over year, Tax Rate has now declined in each of the last eight quarters, with an average year-over-year change of -1.63 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q2 2022 (a gain of 0.93 percentage points); the low point was fiscal Q4 2021 (a drop of 8.60 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 16.90% (Q2 2026), 18.92% (Q1 2026) and 17.09% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Nordson | 18.11 Bn | 17.66 Bn | 453.73 Mn | 17.80% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 17.80% |
| Apr 30, 2026 | 16.90% |
| Jan 31, 2026 | 18.92% |
| Oct 31, 2025 | 17.09% |
| Jul 31, 2025 | 20.95% |
| Apr 30, 2025 | 19.00% |
| Jan 31, 2025 | 19.00% |
| Oct 31, 2024 | 17.49% |
| Jul 31, 2024 | 21.49% |
| Apr 30, 2024 | 20.81% |
| Jan 31, 2024 | 21.00% |
| Oct 31, 2023 | 20.43% |
| Jul 31, 2023 | 21.08% |
| Apr 30, 2023 | 21.08% |
| Jan 31, 2023 | 20.46% |
| Oct 31, 2022 | 20.44% |
| Jul 31, 2022 | 21.44% |
| Apr 30, 2022 | 21.28% |
| Jan 31, 2022 | 20.77% |
| Oct 31, 2021 | 21.16% |
Nordson Tax Rate 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=tax-rate&ticker=NDSN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NDSN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();