Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
66.49
+1.64 (2.53%)
May 9, 2025, 11:42 AM - Market open

Novo Nordisk Income Statement

Millions DKK. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2015 - 2019
Period Ending
Mar '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Revenue
303,141290,403232,261176,954140,800126,946
Upgrade
Revenue Growth (YoY)
24.12%25.03%31.25%25.68%10.91%4.04%
Upgrade
Cost of Revenue
46,53443,56035,31928,42423,65820,932
Upgrade
Gross Profit
256,607246,843196,942148,530117,142106,014
Upgrade
Selling, General & Admin
69,06767,36861,59450,68341,05836,886
Upgrade
Research & Development
41,77440,07231,07523,26317,19915,462
Upgrade
Other Operating Expenses
-1,058-476-425-1,034-332-460
Upgrade
Operating Expenses
109,783106,96492,24472,91257,92551,888
Upgrade
Operating Income
146,824139,879104,69875,61859,21754,126
Upgrade
Interest Expense
-3,500-1,640-542-378-289-390
Upgrade
Interest & Investment Income
3,1171,8381,069239231337
Upgrade
Earnings From Equity Investments
-17-1781-189-24149
Upgrade
Currency Exchange Gain (Loss)
-2,272-1,0231,652-4,651344-747
Upgrade
Other Non Operating Income (Expenses)
-289-289-197-181-122-150
Upgrade
EBT Excluding Unusual Items
143,863138,748106,76170,45859,35753,325
Upgrade
Merger & Restructuring Charges
-978-978----
Upgrade
Gain (Loss) on Sale of Investments
-17-1737-587296-195
Upgrade
Asset Writedown
-10,562-10,562-2,124-809-573-
Upgrade
Pretax Income
132,306127,191104,67469,06259,08053,130
Upgrade
Income Tax Expense
27,69126,20320,99113,53711,32310,992
Upgrade
Net Income
104,615100,98883,68355,52547,75742,138
Upgrade
Net Income to Common
104,615100,98883,68355,52547,75742,138
Upgrade
Net Income Growth
17.18%20.68%50.71%16.27%13.33%8.18%
Upgrade
Shares Outstanding (Basic)
4,4494,4544,4834,5314,5934,668
Upgrade
Shares Outstanding (Diluted)
4,4574,4634,4954,5454,6064,680
Upgrade
Shares Change (YoY)
-0.60%-0.71%-1.10%-1.34%-1.58%-1.63%
Upgrade
EPS (Basic)
23.5122.6718.6712.2610.409.03
Upgrade
EPS (Diluted)
23.4822.6318.6212.2210.379.01
Upgrade
EPS Growth
17.93%21.54%52.37%17.84%15.16%9.95%
Upgrade
Free Cash Flow
79,13373,80483,10266,74148,66546,126
Upgrade
Free Cash Flow Per Share
17.7516.5418.4914.6910.569.86
Upgrade
Dividend Per Share
11.40011.4009.4006.2005.2004.550
Upgrade
Dividend Growth
21.28%21.28%51.61%19.23%14.29%8.98%
Upgrade
Gross Margin
84.65%85.00%84.79%83.94%83.20%83.51%
Upgrade
Operating Margin
48.43%48.17%45.08%42.73%42.06%42.64%
Upgrade
Profit Margin
34.51%34.77%36.03%31.38%33.92%33.19%
Upgrade
Free Cash Flow Margin
26.10%25.41%35.78%37.72%34.56%36.34%
Upgrade
EBITDA
155,285146,669110,52381,11963,77058,565
Upgrade
EBITDA Margin
51.23%50.51%47.59%45.84%45.29%46.13%
Upgrade
D&A For EBITDA
8,4616,7905,8255,5014,5534,439
Upgrade
EBIT
146,824139,879104,69875,61859,21754,126
Upgrade
EBIT Margin
48.43%48.17%45.08%42.73%42.06%42.64%
Upgrade
Effective Tax Rate
20.93%20.60%20.05%19.60%19.17%20.69%
Upgrade
Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q