Novo Nordisk A/S Class B

Novo Nordisk A/S Class B

40.31
USD
+0.01
(+0.02%)
3.82EPS
9.91P/E
169.52BMarket Cap
Feb 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.4
16.72
20.72
21.81
22.29
22.82
25.37
26.85
30.26
38.56
51.15
64.37
68.68
74.36
Basic EPS, GAAP
4.64
4.99
6.69
7.4
7.61
7.88
8.1
8.91
10.26
12.1
18.43
22.39
22.76
25.22
Free Cash Flow per Basic Share
4.11
5.16
6.12
7.81
6.49
6.57
7.39
6.32
10.23
13.98
15.42
15.44
6.44
10.02
Dividend per Share
1.79
2.23
2.48
4.65
3.76
3.89
4.04
4.26
4.62
5.51
7
9.78
11.5
11.57
Book Value per Share
7.64
7.51
8.92
8.76
9.84
10.44
11.85
13.3
15.12
18.32
23.6
31.9
43.12
48.71
Tangible Book Value per Share
7.35
7.25
8.51
8.24
9.18
9.41
10.65
8.96
5.89
7.14
10.22
7.26
14.22
23.71
Basic Weighted Avg Shares
5,428
5,311
5,208
5,125
5,010
4,901
4,810
4,728
4,653
4,589
4,541
4,511
4,500
4,487
Sales/Revenue/Turnover
83,572
88,806
107,927
111,780
111,696
111,831
122,021
126,946
140,800
176,954
232,261
290,403
309,064
333,650
Operating Margin (%)
37.68
38.84
45.81
43.33
43.84
42.25
43.01
42.64
41.65
42.28
44.16
44.19
41.3
42.39
Depreciation Expense
2,799
3,435
2,959
3,193
3,182
3,925
5,661
5,753
6,025
7,362
9,413
8,545
14,666
26,458
Net Income, GAAP
25,184
26,481
34,860
37,925
38,130
38,628
38,951
42,138
47,757
55,525
83,683
100,988
102,434
113,177
Effective Tax Rate (%)
22.6
22.33
19.83
20.66
21.67
18.87
19.78
20.69
19.17
19.6
20.05
20.6
21.53
21.77
Profit Margin (%)
30.13
29.82
32.3
33.93
34.14
34.54
31.92
33.19
33.92
31.38
36.03
34.78
33.14
33.92
Working Capital
17,833
12,604
14,267
12,330
13,024
4,903
3,473
-4,464
-13,921
-12,746
-30,009
-55,826
-43,208
-38,682
LT Debt
- -
- -
- -
- -
- -
- -
3,009
2,897
12,961
24,318
20,528
89,674
118,941
117,742
Total Equity
42,569
40,294
46,969
45,269
49,815
51,839
57,593
63,325
70,746
83,486
106,561
143,486
194,047
217,802
Return on Invested Capital (%)
56.57
60.67
83.38
76.18
73.07
68.92
69.94
60.88
53.92
56.09
64.64
51.89
34.23
32.87
Return on Capital (%)
60.12
63.27
78.41
81.2
78.76
74.52
68.39
62.53
56.11
54.03
69.28
53.86
37.02
36.85
Return on Common Equity (%)
60.54
63.92
79.9
82.23
80.2
76
71.19
69.7
71.24
72
88.07
80.78
60.7
58.38

Capital Structure

DKK

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
27,210
18,333
16,738
LT Borrowings
119,172
121,794
117,742
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,495
4,482
4,472
Market Capitalization
1,067,808
1,405,503
1,118,167

Working Capital

DKK

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
177,317
208,696
210,768
Cash, Cash Equivalents & STI
21,626
44,982
46,352
Accounts Receivable, Net
82,565
88,949
95,118
Inventories
51,352
51,352
51,205
Total Current Liabilities
225,158
239,083
249,450
Payables & Accruals
150,202
175,252
183,074
ST Debt
27,210
18,333
16,738
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.88%
25.45%
35.24%
Free Cash Flow
4.46%
8.88%
-58.38%
Net Income, GAAP
12.21%
20.48%
1.43%
Sales/Revenue/Turnover
11.61%
19.86%
6.43%
Total Cash Common Dividend
17.67%
21.26%
17.27%

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65,349
68,060
71,311
85,683
290,403
2025
78,087
76,857
74,976
79,144
309,064
2026
96,823
78,488
79,195
- -
- -

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.62
4.44
6.05
6.27
22.39
2025
6.46
5.88
4.44
5.97
22.76
2026
10.79
4.68
3.75
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.32
- -
3.46
- -
9.78
2025
7.84
-0.04
3.7
- -
11.5
2026
7.85
- -
3.72
- -
- -

Company Description

CEO
Maziar Mike Doustdar
Full Time Employees
68,794
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Novo Alle 1 Bagsværd CR Denmark 2880
IPO Date
May 17, 1974
Business
Novo Nordisk A/S is a global healthcare company headquartered in Bagsværd, Denmark, founded in 1923, specializing in the research, development, manufacture, and marketing of pharmaceutical products primarily focused on diabetes care, obesity, rare diseases, and biopharmaceuticals. Its main product portfolio includes diabetes and obesity care products such as insulin and GLP-1 receptor agonists (including the Ozempic and Wegovy brands); insulin delivery systems; and treatments for hemophilia, growth hormone therapy, and hormone replacement therapy. The company operates across more than 180 countries, with key markets in North America, Europe, and Asia. Recent major developments include the acquisition of cardiovascular disease-focused Cardior Pharmaceuticals and the Montreal-based biotech Inversago Pharma to expand its metabolic disorder pipeline, along with a $2.2 billion collaboration with US biotech Septerna to develop oral small molecule therapies for obesity, type 2 diabetes, and cardio-metabolic disorders. Novo Nordisk is advancing next-generation obesity drugs such as CagriSema, currently in phase 3 trials, which has demonstrated significant weight loss in clinical studies, as well as oral and injectable amycretin candidates targeting dual hormone pathways for enhanced weight management. The company has also received US and EU approvals for Alhemo® (Concizumab), for hemophilia treatment, and continues to invest substantially in R&D and production capacity to meet growing global demand, aiming to reinforce its leadership in diabetes, obesity, and emerging cardio-metabolic therapies while expanding into chronic kidney disease and metabolic dysfunction-associated steatohepatitis (MASH). Novo Nordisk’s strategic focus includes sustaining market share in GLP-1 segments, launching innovative treatments, and pursuing acquisitions and partnerships to strengthen its therapeutic areas and product offerings globally.

Company News

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  • Novo Nordisk Lifts Guidance as Rollout of Wegovy Weight-Loss Pill Continues

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  • Novo raises full-year outlook as Wegovy sales impress

  • Novo Nordisk Q3 profit beats forecast; raises 2026 guidance

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