NDSN vs. ETN

Last updated Apr 2, 2026

Compare and contrast key facts about Nordson Corporation (NDSN) and Eaton Corporation plc (ETN).

Performance

NDSN vs. ETN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nordson Corporation (NDSN) and Eaton Corporation plc (ETN). The values are adjusted to include any dividend payments, if applicable.

NDSN vs. ETN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NDSN Nordson Corporation	11.49%	17.03%	-20.15%	12.39%	-5.93%	28.09%	24.45%	37.88%	-17.65%	31.83%
ETN Eaton Corporation plc	15.13%	-2.79%	39.51%	56.22%	-7.18%	46.70%	29.88%	42.76%	-10.04%	21.54%

Fundamentals

Market Cap NDSN : $15.00B ETN : $142.39B
EPS NDSN : $9.23 ETN : $10.47
PE Ratio NDSN : 28.94 ETN : 34.93
PEG Ratio NDSN : 11.34 ETN : 1.90
PS Ratio NDSN : 5.32 ETN : 5.20
PB Ratio NDSN : 4.82 ETN : 7.31
Total Revenue (TTM) NDSN : $2.85B ETN : $27.45B
Gross Profit (TTM) NDSN : $1.57B ETN : $10.32B
EBITDA (TTM) NDSN : $852.47M ETN : $5.90B

Returns By Period

In the year-to-date period, NDSN achieves a 11.49% return, which is significantly lower than ETN's 15.13% return. Over the past 10 years, NDSN has underperformed ETN with an annualized return of 14.54%, while ETN has yielded a comparatively higher 21.98% annualized return.

NDSN

• 1D: 0.44%
• 1M: -8.25%
• YTD: 11.49%
• 6M: 17.70%
• 1Y: 34.85%
• 3Y*: 7.69%
• 5Y*: 6.93%
• 10Y*: 14.54%

ETN

• 1D: 2.21%
• 1M: -2.84%
• YTD: 15.13%
• 6M: -1.64%
• 1Y: 33.74%
• 3Y*: 30.52%
• 5Y*: 23.26%
• 10Y*: 21.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NDSN vs. ETN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NDSN

NDSN Risk / Return Rank: 78
NDSN Sharpe Ratio Rank: 80
NDSN Sortino Ratio Rank: 77
NDSN Omega Ratio Rank: 75
NDSN Calmar Ratio Rank: 76
NDSN Martin Ratio Rank: 83

ETN

ETN Risk / Return Rank: 71
ETN Sharpe Ratio Rank: 73
ETN Sortino Ratio Rank: 68
ETN Omega Ratio Rank: 66
ETN Calmar Ratio Rank: 75
ETN Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NDSN vs. ETN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nordson Corporation (NDSN) and Eaton Corporation plc (ETN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NDSN	ETN	Difference
Sharpe ratio Return per unit of total volatility	1.27	0.99	+0.29
Sortino ratio Return per unit of downside risk	1.99	1.51	+0.47
Omega ratio Gain probability vs. loss probability	1.25	1.20	+0.06
Calmar ratio Return relative to maximum drawdown	1.95	1.89	+0.06
Martin ratio Return relative to average drawdown	7.32	4.21	+3.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NDSN vs. ETN - Sharpe Ratio Comparison

The current NDSN Sharpe Ratio is 1.27, which is comparable to the ETN Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of NDSN and ETN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NDSN	ETN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	0.99	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.80	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.74	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.41	-0.04

Correlation

The correlation between NDSN and ETN is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NDSN vs. ETN - Dividend Comparison

NDSN's dividend yield for the trailing twelve months is around 1.21%, more than ETN's 1.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NDSN Nordson Corporation	1.21%	1.66%	1.02%	1.01%	0.98%	0.71%	0.77%	0.90%	1.09%	0.78%	0.91%	1.43%
ETN Eaton Corporation plc	1.15%	1.31%	1.13%	1.43%	2.06%	1.76%	1.88%	3.00%	3.85%	3.04%	3.40%	4.23%

Drawdowns

NDSN vs. ETN - Drawdown Comparison

The maximum NDSN drawdown since its inception was -73.62%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for NDSN and ETN.

Drawdown Indicators

	NDSN	ETN	Difference
Max Drawdown Largest peak-to-trough decline	-73.62%	-68.95%	-4.67%
Max Drawdown (1Y) Largest decline over 1 year	-17.62%	-19.14%	+1.52%
Max Drawdown (5Y) Largest decline over 5 years	-39.15%	-34.46%	-4.69%
Max Drawdown (10Y) Largest decline over 10 years	-44.24%	-44.55%	+0.31%
Current Drawdown Current decline from peak	-10.43%	-7.42%	-3.01%
Average Drawdown Average peak-to-trough decline	-13.28%	-14.93%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	8.58%	-3.89%

Volatility

NDSN vs. ETN - Volatility Comparison

The current volatility for Nordson Corporation (NDSN) is 7.55%, while Eaton Corporation plc (ETN) has a volatility of 10.43%. This indicates that NDSN experiences smaller price fluctuations and is considered to be less risky than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NDSN	ETN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.55%	10.43%	-2.88%
Volatility (6M) Calculated over the trailing 6-month period	13.86%	23.39%	-9.53%
Volatility (1Y) Calculated over the trailing 1-year period	27.51%	34.38%	-6.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.77%	29.21%	-4.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.76%	29.65%	-0.89%

Financials

NDSN vs. ETN - Profitability Comparison

The chart below illustrates the profitability comparison between Nordson Corporation and Eaton Corporation plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NDSN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nordson Corporation reported a gross profit of 366.12M and revenue of 669.46M. Therefore, the gross margin over that period was 54.7%.

ETN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Eaton Corporation plc reported a gross profit of 2.60B and revenue of 7.06B. Therefore, the gross margin over that period was 36.8%.

NDSN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nordson Corporation reported an operating income of 166.41M and revenue of 669.46M, resulting in an operating margin of 24.9%.

ETN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Eaton Corporation plc reported an operating income of 1.38B and revenue of 7.06B, resulting in an operating margin of 19.5%.

NDSN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nordson Corporation reported a net income of 133.38M and revenue of 669.46M, resulting in a net margin of 19.9%.

ETN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Eaton Corporation plc reported a net income of 1.13B and revenue of 7.06B, resulting in a net margin of 16.1%.