Nordson Gross Margin 2010-2024 | NDSN
- Nordson average gross margin for 2023 was 54.28%, a 2.62% increase from 2022.
- Nordson average gross margin for 2022 was 55.74%, a 1.42% decline from 2021.
- Nordson average gross margin for 2021 was 54.96%, a 2.08% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.