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Side-by-side financial comparison of Nordson Corporation (NDSN) and Transocean Ltd. (RIG). Click either name above to swap in a different company.

Transocean Ltd. is the larger business by last-quarter revenue ($1.0B vs $751.8M, roughly 1.4× Nordson Corporation). Nordson Corporation runs the higher net margin — 20.2% vs 2.4%, a 17.8% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs 1.0%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $193.9M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 9.0%).

Nordson Corporation is an American multinational corporation that designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings. The company also manufactures equipment used in the testing and inspection of electronic components, technology-based systems for curing and surface treatment processes as well as medical devices and component technologies.

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

NDSN vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
1.4× larger
RIG
$1.0B
$751.8M
NDSN
Growing faster (revenue YoY)
RIG
RIG
+8.6% gap
RIG
9.6%
1.0%
NDSN
Higher net margin
NDSN
NDSN
17.8% more per $
NDSN
20.2%
2.4%
RIG
More free cash flow
RIG
RIG
$127.1M more FCF
RIG
$321.0M
$193.9M
NDSN
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
9.0%
NDSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NDSN
NDSN
RIG
RIG
Revenue
$751.8M
$1.0B
Net Profit
$151.6M
$25.0M
Gross Margin
56.3%
42.0%
Operating Margin
28.5%
23.0%
Net Margin
20.2%
2.4%
Revenue YoY
1.0%
9.6%
Net Profit YoY
24.1%
257.1%
EPS (diluted)
$2.67
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NDSN
NDSN
RIG
RIG
Q4 25
$751.8M
$1.0B
Q3 25
$741.5M
$1.0B
Q2 25
$682.9M
$988.0M
Q1 25
$615.4M
$906.0M
Q4 24
$744.5M
$952.0M
Q3 24
$661.6M
$948.0M
Q2 24
$650.6M
$861.0M
Q1 24
$633.2M
$763.0M
Net Profit
NDSN
NDSN
RIG
RIG
Q4 25
$151.6M
$25.0M
Q3 25
$125.8M
$-1.9B
Q2 25
$112.4M
$-938.0M
Q1 25
$94.7M
$-79.0M
Q4 24
$122.2M
$7.0M
Q3 24
$117.3M
$-494.0M
Q2 24
$118.2M
$-123.0M
Q1 24
$109.6M
$98.0M
Gross Margin
NDSN
NDSN
RIG
RIG
Q4 25
56.3%
42.0%
Q3 25
54.8%
43.2%
Q2 25
54.7%
39.4%
Q1 25
54.6%
31.8%
Q4 24
54.1%
39.2%
Q3 24
55.8%
40.6%
Q2 24
56.2%
38.0%
Q1 24
55.0%
31.5%
Operating Margin
NDSN
NDSN
RIG
RIG
Q4 25
28.5%
23.0%
Q3 25
25.3%
-163.1%
Q2 25
24.7%
-97.6%
Q1 25
22.9%
7.1%
Q4 24
24.0%
13.7%
Q3 24
25.3%
-51.2%
Q2 24
25.9%
-6.9%
Q1 24
25.2%
-0.4%
Net Margin
NDSN
NDSN
RIG
RIG
Q4 25
20.2%
2.4%
Q3 25
17.0%
-187.1%
Q2 25
16.5%
-94.9%
Q1 25
15.4%
-8.7%
Q4 24
16.4%
0.7%
Q3 24
17.7%
-52.1%
Q2 24
18.2%
-14.3%
Q1 24
17.3%
12.8%
EPS (diluted)
NDSN
NDSN
RIG
RIG
Q4 25
$2.67
$0.13
Q3 25
$2.22
$-2.00
Q2 25
$1.97
$-1.06
Q1 25
$1.65
$-0.11
Q4 24
$2.12
$-0.14
Q3 24
$2.04
$-0.58
Q2 24
$2.05
$-0.15
Q1 24
$1.90
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NDSN
NDSN
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$108.4M
$620.0M
Total DebtLower is stronger
$2.0B
$5.2B
Stockholders' EquityBook value
$3.0B
$8.1B
Total Assets
$5.9B
$15.6B
Debt / EquityLower = less leverage
0.66×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NDSN
NDSN
RIG
RIG
Q4 25
$108.4M
$620.0M
Q3 25
$147.8M
$833.0M
Q2 25
$130.2M
$377.0M
Q1 25
$130.4M
$263.0M
Q4 24
$116.0M
$560.0M
Q3 24
$165.3M
$435.0M
Q2 24
$125.4M
$475.0M
Q1 24
$136.2M
$446.0M
Total Debt
NDSN
NDSN
RIG
RIG
Q4 25
$2.0B
$5.2B
Q3 25
$2.1B
$4.8B
Q2 25
$2.2B
$5.9B
Q1 25
$2.2B
$5.9B
Q4 24
$2.2B
$6.2B
Q3 24
$1.5B
$6.5B
Q2 24
$1.5B
$6.8B
Q1 24
$1.6B
$6.8B
Stockholders' Equity
NDSN
NDSN
RIG
RIG
Q4 25
$3.0B
$8.1B
Q3 25
$3.0B
$8.1B
Q2 25
$3.0B
$9.4B
Q1 25
$2.9B
$10.2B
Q4 24
$2.9B
$10.3B
Q3 24
$2.9B
$10.2B
Q2 24
$2.8B
$10.7B
Q1 24
$2.7B
$10.5B
Total Assets
NDSN
NDSN
RIG
RIG
Q4 25
$5.9B
$15.6B
Q3 25
$6.0B
$16.2B
Q2 25
$6.1B
$17.8B
Q1 25
$5.9B
$19.0B
Q4 24
$6.0B
$19.4B
Q3 24
$5.2B
$19.5B
Q2 24
$5.2B
$20.3B
Q1 24
$5.2B
$19.9B
Debt / Equity
NDSN
NDSN
RIG
RIG
Q4 25
0.66×
0.64×
Q3 25
0.71×
0.60×
Q2 25
0.74×
0.63×
Q1 25
0.75×
0.58×
Q4 24
0.75×
0.60×
Q3 24
0.52×
0.64×
Q2 24
0.55×
0.63×
Q1 24
0.60×
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NDSN
NDSN
RIG
RIG
Operating Cash FlowLast quarter
$202.9M
$349.0M
Free Cash FlowOCF − Capex
$193.9M
$321.0M
FCF MarginFCF / Revenue
25.8%
30.8%
Capex IntensityCapex / Revenue
1.2%
2.7%
Cash ConversionOCF / Net Profit
1.34×
13.96×
TTM Free Cash FlowTrailing 4 quarters
$661.1M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NDSN
NDSN
RIG
RIG
Q4 25
$202.9M
$349.0M
Q3 25
$238.0M
$246.0M
Q2 25
$119.2M
$128.0M
Q1 25
$159.1M
$26.0M
Q4 24
$96.4M
$206.0M
Q3 24
$164.8M
$194.0M
Q2 24
$122.6M
$133.0M
Q1 24
$172.4M
$-86.0M
Free Cash Flow
NDSN
NDSN
RIG
RIG
Q4 25
$193.9M
$321.0M
Q3 25
$226.4M
$235.0M
Q2 25
$103.1M
$104.0M
Q1 25
$137.7M
$-34.0M
Q4 24
$75.8M
$177.0M
Q3 24
$143.0M
$136.0M
Q2 24
$108.2M
$49.0M
Q1 24
$164.8M
$-169.0M
FCF Margin
NDSN
NDSN
RIG
RIG
Q4 25
25.8%
30.8%
Q3 25
30.5%
22.9%
Q2 25
15.1%
10.5%
Q1 25
22.4%
-3.8%
Q4 24
10.2%
18.6%
Q3 24
21.6%
14.3%
Q2 24
16.6%
5.7%
Q1 24
26.0%
-22.1%
Capex Intensity
NDSN
NDSN
RIG
RIG
Q4 25
1.2%
2.7%
Q3 25
1.6%
1.1%
Q2 25
2.3%
2.4%
Q1 25
3.5%
6.6%
Q4 24
2.8%
3.0%
Q3 24
3.3%
6.1%
Q2 24
2.2%
9.8%
Q1 24
1.2%
10.9%
Cash Conversion
NDSN
NDSN
RIG
RIG
Q4 25
1.34×
13.96×
Q3 25
1.89×
Q2 25
1.06×
Q1 25
1.68×
Q4 24
0.79×
29.43×
Q3 24
1.41×
Q2 24
1.04×
Q1 24
1.57×
-0.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NDSN
NDSN

Advanced Technology Systems$624.5M83%
Other$127.3M17%

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

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