Novo Nordisk A/S (TSX:NOVO)
Canada flag Canada · Delayed Price · Currency is CAD
17.01
+0.05 (0.29%)
Oct 26, 2026, 3:59 PM EDT

Novo Nordisk Financials Overview

Millions DKK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
329,431309,064290,403232,261176,954140,800
Revenue Growth
5.61%6.43%25.03%31.25%25.68%10.91%
Gross Profit
270,092254,687246,843196,942148,530117,142
Operating Income
161,385140,618138,901104,69875,61859,217
Net Income
116,443102,434100,98883,68355,52547,757
Earnings Per Share
26.2023.0322.6318.6212.2210.37
EPS Growth
4.98%1.77%21.54%52.37%17.84%15.16%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Ozempic Pill / Rybelsus
20,54522,09323,30118,75011,2994,838
Ozempic Injectable
121,769127,089120,34295,71859,75033,705
Victoza
1,4633,0205,4828,66412,32215,054
Long-Acting Insulin
17,54418,75519,09514,90516,74118,064
Premix Insulin
10,05110,31510,7899,57410,56211,203
Fast-Acting Insulin
17,63518,58318,52215,94917,46317,687
Human Insulin
4,7505,4846,9677,5948,1869,052
Other Diabetes Care
2,1071,7702,1202,3123,2253,594
Wegovy Injectable
79,93779,10658,20631,3436,1881,386
Saxenda
2,2043,2416,94010,28910,6767,014
Rare Blood Disorders
11,46711,95512,13811,77611,70610,217
Rare Endocrine Disorders
5,9125,9594,9933,8367,1387,303
Other Rare Disease
1,8131,6941,5081,5511,6981,683
Revenue (Total)
329,431309,064290,403232,261176,954140,800

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
44,98226,96226,30830,23023,57417,485
Total Debt
140,127130,958102,78727,00625,78426,645
Net Cash (Debt)
-95,145-103,996-76,4793,224-2,210-9,160
Net Cash Growth
------
Net Cash Per Share
-21.40-23.38-17.140.72-0.49-1.99

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
131,881119,102120,968108,90878,88755,000
Capital Expenditures
-56,043-60,140-47,164-25,806-12,146-6,335
Free Cash Flow
75,83858,96273,80483,10266,74148,665
Free Cash Flow Growth
14.30%-20.11%-11.19%24.51%37.14%5.50%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
81.99%82.41%85.00%84.79%83.94%83.20%
Operating Margin
48.99%45.50%47.83%45.08%42.73%42.06%
Pretax Margin
45.15%42.24%43.80%45.07%39.03%41.96%
Profit Margin
35.35%33.14%34.77%36.03%31.38%33.92%
FCF Margin
23.02%19.08%25.41%35.78%37.72%34.56%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.69411.70011.4009.4006.2005.200
Dividend Per Share Growth
0%2.63%21.28%51.61%19.23%14.29%
Dividend Yield
4.08%3.60%1.83%1.35%1.32%1.42%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.9414.1127.4537.1938.1635.07
P/FCF Ratio
14.6824.5137.5637.4531.7534.42
PS Ratio
3.384.689.5513.4011.9711.90