Gross Profit Analysis: Comparing IDEX Corporation and Nordson Corporation

Gross Profit Trends: IDEX vs. Nordson

In the competitive landscape of industrial manufacturing, IDEX Corporation and Nordson Corporation have been pivotal players. Over the past decade, these companies have demonstrated significant growth in their gross profits. From 2014 to 2023, IDEX Corporation's gross profit surged by approximately 53%, peaking in 2023. Meanwhile, Nordson Corporation exhibited a steady upward trajectory, with a notable 51% increase over the same period.

Yearly Insights

In 2014, both companies started with similar gross profits, around $950 million. By 2023, IDEX reached its highest gross profit, while Nordson continued its growth into 2024, despite missing data for IDEX. This consistent growth underscores the resilience and strategic prowess of these corporations in navigating market challenges.

Future Outlook

As we look to the future, Nordson's continued growth into 2024 suggests a promising trajectory, while IDEX's missing data for 2024 leaves room for speculation.