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Hongli vs Nordson: revenue, profit, margins and growth compared

Hongli brought in $19.6M of revenue in fiscal 2025, Nordson $2.8B in fiscal 2025. Revenue changed by +39.0% at Hongli and +3.8% at Nordson on the year before, so Hongli grew faster. Hongli kept 9.9% of its revenue as net profit, Nordson 17.4%. Free cash flow was $660.8K at Hongli and $661.1M at Nordson.

Side by side, latest fiscal year

HLPNDSN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (October 31, 2025)
Revenue$19.6M$2.8B
Revenue growth+39.0%+3.8%
Net income$1.9M$484.5M
Net margin9.9%17.4%
Free cash flow$660.8K$661.1M
Free cash flow margin3.4%23.7%
Earnings per share (diluted)$0.03$8.51
Cash$1.8M$108.4M
Debtn/a$2B
Price to earningsn/a38.3
Market value$165.2M$18.2B
Dividend yieldn/a0.97%
Rank by revenue in sector#426 of 451 · Industrials#189 of 451 · Industrials

Over the years

Revenue
HLP FY2020: $11.2MHLP FY2022: $21.7MHLP FY2022: $20.3MHLP FY2023: $16MHLP FY2024: $14.1MHLP FY2025: $19.6MNDSN FY2018: $2.3BNDSN FY2019: $2.2BNDSN FY2020: $2.1BNDSN FY2021: $2.4BNDSN FY2022: $2.6BNDSN FY2023: $2.6BNDSN FY2024: $2.7BNDSN FY2025: $2.8BFY18FY19FY20FY21FY22FY23FY24FY25
HLP $19.6MNDSN $2.8B
Net income
HLP FY2020: $2.4MHLP FY2022: $3.2MHLP FY2022: $2.9MHLP FY2023: $864.7KHLP FY2024: -$1.9MHLP FY2025: $1.9MNDSN FY2018: $377.4MNDSN FY2019: $337.1MNDSN FY2020: $249.5MNDSN FY2021: $454.4MNDSN FY2022: $513.1MNDSN FY2023: $487.5MNDSN FY2024: $467.3MNDSN FY2025: $484.5MFY18FY19FY20FY21FY22FY23FY24FY25
HLP $1.9MNDSN $484.5M
Net margin
HLP FY2020: 21.7%HLP FY2022: 14.7%HLP FY2022: 14.5%HLP FY2023: 5.4%HLP FY2024: -13.3%HLP FY2025: 9.9%NDSN FY2018: 16.7%NDSN FY2019: 15.4%NDSN FY2020: 11.8%NDSN FY2021: 19.2%NDSN FY2022: 19.8%NDSN FY2023: 18.5%NDSN FY2024: 17.4%NDSN FY2025: 17.4%FY18FY19FY20FY21FY22FY23FY24FY25
HLP 9.9%NDSN 17.4%
Revenue growth
HLP FY2022: +94.6%HLP FY2022: -6.6%HLP FY2023: -21.1%HLP FY2024: -11.8%HLP FY2025: +39.0%NDSN FY2019: -2.7%NDSN FY2020: -3.3%NDSN FY2021: +11.4%NDSN FY2022: +9.7%NDSN FY2023: +1.5%NDSN FY2024: +2.3%NDSN FY2025: +3.8%FY19FY20FY21FY22FY23FY24FY25
HLP +39.0%NDSN +3.8%
Free cash flow
HLP FY2020: $2.4MHLP FY2022: $135KHLP FY2022: -$2.6MHLP FY2023: $582.5KHLP FY2024: -$446.5KHLP FY2025: $660.8KNDSN FY2018: $414.8MNDSN FY2019: $318.6MNDSN FY2020: $451.9MNDSN FY2021: $507.6MNDSN FY2022: $461.7MNDSN FY2023: $606.7MNDSN FY2024: $491.8MNDSN FY2025: $661.1MFY18FY19FY20FY21FY22FY23FY24FY25
HLP $660.8KNDSN $661.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Hongli and Nordson

Which is bigger by revenue, Hongli or Nordson?

Nordson is bigger by revenue: $2.8B in fiscal 2025, against $19.6M for Hongli in fiscal 2025.

Which keeps more of its revenue as profit, Hongli or Nordson?

Hongli had a net margin of 9.9% in fiscal 2025; Nordson had 17.4% in fiscal 2025.

Which grew revenue faster, Hongli or Nordson?

In their latest fiscal years revenue changed by +39.0% at Hongli and +3.8% at Nordson.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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