Who Generates More Revenue? IDEX Corporation or Nordson Corporation

IDEX vs. Nordson: A Decade of Revenue Growth

__timestampIDEX CorporationNordson Corporation
Wednesday, January 1, 201421477670001704021000
Thursday, January 1, 201520206680001688666000
Friday, January 1, 201621130430001808994000
Sunday, January 1, 201722873120002066982000
Monday, January 1, 201824836660002254668000
Tuesday, January 1, 201924945730002194226000
Wednesday, January 1, 202023516460002121100000
Friday, January 1, 202127648000002362209000
Saturday, January 1, 202231819000002590278000
Sunday, January 1, 202332739000002628632000
Monday, January 1, 202432688000002689921000
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Cracking the code

Revenue Race: IDEX vs. Nordson

In the competitive landscape of industrial manufacturing, IDEX Corporation and Nordson Corporation have been key players. Over the past decade, IDEX has consistently outperformed Nordson in revenue generation. From 2014 to 2023, IDEX's revenue grew by approximately 52%, peaking at $3.27 billion in 2023. In contrast, Nordson's revenue increased by about 54% during the same period, reaching $2.63 billion in 2023.

A Decade of Growth

IDEX's revenue trajectory shows a steady climb, with a notable surge in 2021, where it jumped by 17% from the previous year. Meanwhile, Nordson's growth, though slightly more volatile, has been impressive, especially in 2024, where it is projected to reach $2.69 billion, despite missing data for IDEX. This data highlights the resilience and strategic prowess of both companies in navigating market challenges and seizing growth opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025