Novo Nordisk Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	170,985	35,247	59,590	72,387	47,876	40,141
Market Cap Growth	-53.80%	-40.85%	-17.68%	51.20%	19.27%	57.64%
Enterprise Value	187,194	50,660	71,643	71,721	48,246	41,638
PE Ratio	10.62	14.06	27.24	37.53	38.47	35.31
Forward PE	11.76	-	-	-	-	-
PS Ratio	3.52	0.74	1.32	2.01	1.74	1.84
PB Ratio	5.60	1.17	2.68	4.38	3.70	3.66
P/TBV Ratio	0.89	1.17	2.68	4.36	3.68	3.65
P/FCF Ratio	18.45	3.85	5.20	5.61	4.62	5.32
P/OCF Ratio	9.13	1.91	3.18	4.28	3.91	4.70
EV/Sales Ratio	3.89	1.06	1.59	1.99	1.76	1.91
EV/EBITDA Ratio	7.75	2.18	3.13	4.13	3.78	4.15
EV/EBIT Ratio	8.54	2.56	3.60	4.51	4.16	4.58
EV/FCF Ratio	20.19	5.54	6.26	5.56	4.66	5.51
Debt / Equity Ratio	0.69	0.69	0.77	0.27	0.34	0.41
Debt / EBITDA Ratio	0.89	0.89	0.75	0.25	0.35	0.45
Debt / FCF Ratio	2.26	2.26	1.50	0.34	0.43	0.59
Net Debt / Equity Ratio	0.51	0.51	0.54	-0.04	0.03	0.14
Net Debt / EBITDA Ratio	0.66	0.66	0.53	-0.04	0.03	0.15
Net Debt / FCF Ratio	1.69	1.69	1.05	-0.05	0.04	0.20
Asset Turnover	0.61	0.61	0.74	0.84	0.81	0.83
Inventory Turnover	1.30	1.30	1.23	1.27	1.29	1.24
Quick Ratio	0.57	0.57	0.57	0.64	0.69	0.67
Current Ratio	0.80	0.80	0.74	0.82	0.89	0.86
Return on Equity (ROE)	60.70%	60.70%	80.78%	88.07%	72.00%	71.24%
Return on Assets (ROA)	19.86%	19.86%	26.12%	29.51%	27.60%	27.93%
Return on Invested Capital (ROIC)	24.55%	24.55%	34.33%	40.69%	37.34%	37.38%
Return on Capital Employed (ROCE)	44.36%	44.36%	65.30%	77.37%	69.49%	69.14%
Earnings Yield	9.42%	7.11%	3.67%	2.66%	2.60%	2.83%
FCF Yield	5.42%	25.95%	19.22%	17.81%	21.63%	18.81%
Dividend Yield	4.29%	3.59%	1.61%	1.01%	1.19%	1.28%
Payout Ratio	50.53%	50.53%	43.71%	37.96%	45.57%	45.06%
Buyback Yield / Dilution	0.10%	0.61%	5.25%	6.41%	7.81%	7.52%
Total Shareholder Return	4.38%	4.20%	6.86%	7.43%	8.99%	8.80%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.