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	Feb '26 Feb 20, 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 Capitalization	211,027	227,208	384,855	461,550	304,426	256,201
Market Cap Growth	-44.87%	-40.96%	-16.62%	51.61%	18.82%	58.01%
Enterprise Value	227,426	237,997	382,368	458,427	302,773	252,890
Last Close Price	47.42	50.88	84.34	100.64	65.24	53.42
PE Ratio	13.10	14.11	27.45	37.19	38.16	35.07
PS Ratio	4.34	4.68	9.55	13.40	11.97	11.90
PB Ratio	6.92	7.45	19.32	29.21	25.38	23.68
P/TBV Ratio	20.98	22.58	84.87	67.43	65.10	60.74
P/FCF Ratio	22.69	24.51	37.56	37.45	31.75	34.42
P/OCF Ratio	11.27	12.13	22.92	28.58	26.86	30.45
EV/Sales Ratio	4.68	4.90	9.49	13.31	11.91	11.74
EV/EBITDA Ratio	9.44	9.88	18.91	27.92	25.98	25.93
EV/EBIT Ratio	10.29	10.77	19.83	29.53	27.87	27.92
EV/FCF Ratio	24.46	25.68	37.32	37.20	31.57	33.97
Debt / Equity Ratio	0.68	0.68	0.72	0.25	0.31	0.38
Debt / EBITDA Ratio	0.85	0.85	0.70	0.24	0.31	0.41
Debt / FCF Ratio	2.22	2.22	1.39	0.33	0.39	0.55
Net Debt / Equity Ratio	0.54	0.54	0.53	-0.03	0.03	0.13
Net Debt / EBITDA Ratio	0.68	0.68	0.53	-0.03	0.03	0.14
Net Debt / FCF Ratio	1.76	1.76	1.04	-0.04	0.03	0.19
Asset Turnover	0.61	0.61	0.75	0.84	0.81	0.83
Inventory Turnover	1.20	1.20	1.20	1.26	1.29	1.24
Quick Ratio	0.54	0.54	0.53	0.62	0.67	0.65
Current Ratio	0.80	0.80	0.74	0.82	0.90	0.86
Return on Equity (ROE)	60.70%	60.70%	80.77%	88.07%	72.00%	71.24%
Return on Assets (ROA)	17.43%	17.43%	22.26%	23.55%	21.69%	21.81%
Return on Invested Capital (ROIC)	41.13%	42.60%	68.23%	88.56%	73.42%	67.98%
Return on Capital Employed (ROCE)	43.00%	43.00%	56.00%	72.30%	62.80%	62.30%
Earnings Yield	7.63%	7.09%	3.64%	2.69%	2.62%	2.85%
FCF Yield	4.41%	4.08%	2.66%	2.67%	3.15%	2.90%
Dividend Yield	2.60%	3.62%	1.88%	1.39%	1.36%	1.49%
Payout Ratio	33.99%	50.53%	43.71%	37.96%	45.57%	45.05%
Buyback Yield / Dilution	0.34%	0.34%	0.71%	1.10%	1.34%	1.58%
Total Shareholder Return	2.94%	3.96%	2.58%	2.48%	2.70%	3.07%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q