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Side-by-side financial comparison of Nordson Corporation (NDSN) and Snap-on (SNA), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Snap-on is the larger business by last-quarter revenue ($1.2B vs $751.8M, roughly 1.6× Nordson Corporation). Snap-on runs the higher net margin — 20.2% vs 21.3%, a 1.1% gap on every dollar of revenue. On growth, Snap-on posted the faster year-over-year revenue change (2.7% vs 1.0%). Snap-on produced more free cash flow last quarter ($254.6M vs $193.9M). Over the past eight quarters, Nordson Corporation's revenue compounded faster (9.0% CAGR vs 2.0%).

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.

Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.

NDSN vs SNA — Head-to-Head

Bigger by revenue
SNA
SNA
1.6× larger
SNA
$1.2B
$751.8M
NDSN
Growing faster (revenue YoY)
SNA
SNA
+1.7% gap
SNA
2.7%
1.0%
NDSN
Higher net margin
SNA
SNA
1.1% more per $
SNA
21.3%
20.2%
NDSN
More free cash flow
SNA
SNA
$60.7M more FCF
SNA
$254.6M
$193.9M
NDSN
Faster 2-yr revenue CAGR
NDSN
NDSN
Annualised
NDSN
9.0%
2.0%
SNA

Income Statement — Q4 2025 vs Q4 2026

Metric
NDSN
NDSN
SNA
SNA
Revenue
$751.8M
$1.2B
Net Profit
$151.6M
$260.7M
Gross Margin
56.3%
Operating Margin
28.5%
27.8%
Net Margin
20.2%
21.3%
Revenue YoY
1.0%
2.7%
Net Profit YoY
24.1%
1.0%
EPS (diluted)
$2.67
$4.94

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
NDSN
NDSN
SNA
SNA
Q4 25
$751.8M
$1.2B
Q3 25
$741.5M
$1.2B
Q2 25
$682.9M
$1.2B
Q1 25
$615.4M
$1.1B
Q4 24
$744.5M
$1.2B
Q3 24
$661.6M
$1.1B
Q2 24
$650.6M
$1.2B
Q1 24
$633.2M
$1.2B
Net Profit
NDSN
NDSN
SNA
SNA
Q4 25
$151.6M
$260.7M
Q3 25
$125.8M
$265.4M
Q2 25
$112.4M
$250.3M
Q1 25
$94.7M
$240.5M
Q4 24
$122.2M
$258.1M
Q3 24
$117.3M
$251.1M
Q2 24
$118.2M
$271.2M
Q1 24
$109.6M
$263.5M
Gross Margin
NDSN
NDSN
SNA
SNA
Q4 25
56.3%
Q3 25
54.8%
Q2 25
54.7%
Q1 25
54.6%
Q4 24
54.1%
Q3 24
55.8%
Q2 24
56.2%
Q1 24
55.0%
Operating Margin
NDSN
NDSN
SNA
SNA
Q4 25
28.5%
27.8%
Q3 25
25.3%
29.4%
Q2 25
24.7%
28.0%
Q1 25
22.9%
27.7%
Q4 24
24.0%
27.9%
Q3 24
25.3%
28.4%
Q2 24
25.9%
29.9%
Q1 24
25.2%
28.9%
Net Margin
NDSN
NDSN
SNA
SNA
Q4 25
20.2%
21.3%
Q3 25
17.0%
22.5%
Q2 25
16.5%
21.4%
Q1 25
15.4%
21.2%
Q4 24
16.4%
21.7%
Q3 24
17.7%
22.0%
Q2 24
18.2%
23.1%
Q1 24
17.3%
22.4%
EPS (diluted)
NDSN
NDSN
SNA
SNA
Q4 25
$2.67
$4.94
Q3 25
$2.22
$5.02
Q2 25
$1.97
$4.72
Q1 25
$1.65
$4.51
Q4 24
$2.12
$4.83
Q3 24
$2.04
$4.70
Q2 24
$2.05
$5.07
Q1 24
$1.90
$4.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

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

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
NDSN
NDSN
SNA
SNA
Q4 25
$108.4M
Q3 25
$147.8M
$1.5B
Q2 25
$130.2M
$1.5B
Q1 25
$130.4M
$1.4B
Q4 24
$116.0M
$1.4B
Q3 24
$165.3M
$1.3B
Q2 24
$125.4M
$1.2B
Q1 24
$136.2M
$1.1B
Total Debt
NDSN
NDSN
SNA
SNA
Q4 25
$2.0B
Q3 25
$2.1B
$1.2B
Q2 25
$2.2B
$1.2B
Q1 25
$2.2B
Q4 24
$2.2B
$1.2B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.6B
Stockholders' Equity
NDSN
NDSN
SNA
SNA
Q4 25
$3.0B
Q3 25
$3.0B
$5.8B
Q2 25
$3.0B
$5.7B
Q1 25
$2.9B
$5.5B
Q4 24
$2.9B
$5.4B
Q3 24
$2.9B
$5.5B
Q2 24
$2.8B
$5.3B
Q1 24
$2.7B
$5.1B
Total Assets
NDSN
NDSN
SNA
SNA
Q4 25
$5.9B
Q3 25
$6.0B
$8.4B
Q2 25
$6.1B
$8.2B
Q1 25
$5.9B
$8.1B
Q4 24
$6.0B
$7.9B
Q3 24
$5.2B
$8.0B
Q2 24
$5.2B
$7.8B
Q1 24
$5.2B
$7.7B
Debt / Equity
NDSN
NDSN
SNA
SNA
Q4 25
0.66×
Q3 25
0.71×
0.21×
Q2 25
0.74×
0.21×
Q1 25
0.75×
Q4 24
0.75×
0.22×
Q3 24
0.52×
Q2 24
0.55×
Q1 24
0.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
NDSN
NDSN
SNA
SNA
Operating Cash FlowLast quarter
$202.9M
$268.1M
Free Cash FlowOCF − Capex
$193.9M
$254.6M
FCF MarginFCF / Revenue
25.8%
20.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
1.2%
1.1%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
1.34×
1.03×
TTM Free Cash FlowTrailing 4 quarters
$661.1M
$1.0B

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
NDSN
NDSN
SNA
SNA
Q4 25
$202.9M
$268.1M
Q3 25
$238.0M
$277.9M
Q2 25
$119.2M
$237.2M
Q1 25
$159.1M
$298.5M
Q4 24
$96.4M
$293.5M
Q3 24
$164.8M
$274.2M
Q2 24
$122.6M
$301.1M
Q1 24
$172.4M
$348.7M
Free Cash Flow
NDSN
NDSN
SNA
SNA
Q4 25
$193.9M
$254.6M
Q3 25
$226.4M
$258.0M
Q2 25
$103.1M
$217.5M
Q1 25
$137.7M
$275.6M
Q4 24
$75.8M
$275.4M
Q3 24
$143.0M
$253.8M
Q2 24
$108.2M
$277.9M
Q1 24
$164.8M
$326.9M
FCF Margin
NDSN
NDSN
SNA
SNA
Q4 25
25.8%
20.8%
Q3 25
30.5%
21.8%
Q2 25
15.1%
18.6%
Q1 25
22.4%
24.3%
Q4 24
10.2%
23.1%
Q3 24
21.6%
22.3%
Q2 24
16.6%
23.7%
Q1 24
26.0%
27.8%
Capex Intensity
NDSN
NDSN
SNA
SNA
Q4 25
1.2%
1.1%
Q3 25
1.6%
1.7%
Q2 25
2.3%
1.7%
Q1 25
3.5%
2.0%
Q4 24
2.8%
1.5%
Q3 24
3.3%
1.8%
Q2 24
2.2%
2.0%
Q1 24
1.2%
1.9%
Cash Conversion
NDSN
NDSN
SNA
SNA
Q4 25
1.34×
1.03×
Q3 25
1.89×
1.05×
Q2 25
1.06×
0.95×
Q1 25
1.68×
1.24×
Q4 24
0.79×
1.14×
Q3 24
1.41×
1.09×
Q2 24
1.04×
1.11×
Q1 24
1.57×
1.32×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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