Nordson (NDSN) Tax Rate (2009 - 2026)
Nordson's (NDSN) quarterly Tax Rate came in at 17.8% in Q3 2026, down 315.0% year-over-year from 8.28% in Q3 2025, and up 5.31% quarter-over-quarter from 16.9% in Q2 2026.
Analysis
Nordson (NDSN) Tax Rate (2009 - 2026) Analysis & Trends
Nordson has disclosed Tax Rate across 18 years of filings, most recently posting 17.8% for Q3 2026.
- In Q3 2026, Tax Rate fell 315.0% year-over-year to 17.8%; the TTM figure through Jul 2026 stood at 17.69% (down 146.0% YoY), while the FY2025 annual figure was 18.94%, down 125.0% from the prior year.
- Tax Rate came in at 17.8% for Q3 2026 at Nordson, up from 16.9% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 21.49% in Q3 2024 to a low of 16.9% in Q2 2026.
- Average Tax Rate over 5 years is 19.86%, with a median of 20.46% recorded in 2023.
- Year-over-year, Tax Rate jumped 93 bps in 2022 and sank 315 bps in 2026.
- Over 5 years, Tax Rate stood at 20.44% in 2022, then declined by 0 bps to 20.43% in 2023, then fell by 14 bps to 17.49% in 2024, then retreated by 2 bps to 17.09% in 2025, then gained by 4 bps to 17.8% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 17.8% in Q3 2026, 16.9% in Q2 2026, and 18.92% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.33 Bn | 81.00 Bn | 2.68 Bn | 16.34% |
| 2 | Illinois Tool Works | 75.18 Bn | 74.34 Bn | 1.90 Bn | 24.54% |
| 3 | Ametek | 53.52 Bn | 53.03 Bn | 735.04 Mn | 17.36% |
| 4 | Rockwell Automation | 46.77 Bn | 46.29 Bn | 1.14 Bn | 13.19% |
| 5 | Mettler Toledo International | 25.89 Bn | 25.84 Bn | 650.22 Mn | 19.52% |
| 6 | Dover | 25.37 Bn | 23.62 Bn | 880.61 Mn | 19.38% |
| 7 | Nordson | 17.16 Bn | 17.04 Bn | 453.73 Mn | 17.80% |
| 8 | Fortive | 16.60 Bn | 16.23 Bn | 695.30 Mn | 12.37% |
| 9 | RBC Bearings | 14.93 Bn | 14.80 Bn | 247.80 Mn | 22.04% |
| 10 | Regal Rexnord | 10.43 Bn | 9.98 Bn | 611.60 Mn | 18.72% |
Historic Data
Download Data
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% |