Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
37.45
-0.17 (-0.45%)
At close: Feb 27, 2026, 4:00 PM EST
37.49
+0.04 (0.10%)
After-hours: Feb 27, 2026, 7:59 PM EST

Novo Nordisk Statistics

Total Valuation

Novo Nordisk has a market cap or net worth of $167.25 billion. The enterprise value is $183.70 billion.

Market Cap167.25B
Enterprise Value 183.70B

Important Dates

The last earnings date was Wednesday, February 4, 2026, before market open.

Earnings Date Feb 4, 2026
Ex-Dividend Date Aug 18, 2025

Share Statistics

Novo Nordisk has 4.44 billion shares outstanding. The number of shares has decreased by -0.34% in one year.

Current Share Class n/a
Shares Outstanding 4.44B
Shares Change (YoY) -0.34%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 0.02%
Owned by Institutions (%) 28.45%
Float 3.19B

Valuation Ratios

The trailing PE ratio is 10.39 and the forward PE ratio is 11.35.

PE Ratio 10.39
Forward PE 11.35
PS Ratio 3.44
Forward PS 0.52
PB Ratio 5.48
P/TBV Ratio 16.62
P/FCF Ratio 17.94
P/OCF Ratio 8.93
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.62, with an EV/FCF ratio of 19.70.

EV / Earnings 11.41
EV / Sales 3.78
EV / EBITDA 7.62
EV / EBIT 8.31
EV / FCF 19.70

Financial Position

The company has a current ratio of 0.80, with a Debt / Equity ratio of 0.67.

Current Ratio 0.80
Quick Ratio 0.54
Debt / Equity 0.67
Debt / EBITDA 0.85
Debt / FCF 2.21
Interest Coverage 33.42

Financial Efficiency

Return on equity (ROE) is 60.70% and return on invested capital (ROIC) is 41.13%.

Return on Equity (ROE) 60.70%
Return on Assets (ROA) 17.43%
Return on Invested Capital (ROIC) 41.13%
Return on Capital Employed (ROCE) 42.97%
Weighted Average Cost of Capital (WACC) 6.03%
Revenue Per Employee $699,061
Profits Per Employee $231,692
Employee Count69,505
Asset Turnover 0.61
Inventory Turnover 1.20

Taxes

In the past 12 months, Novo Nordisk has paid $4.42 billion in taxes.

Income Tax 4.42B
Effective Tax Rate 21.53%

Stock Price Statistics

The stock price has decreased by -58.18% in the last 52 weeks. The beta is 0.40, so Novo Nordisk's price volatility has been lower than the market average.

Beta (5Y) 0.40
52-Week Price Change -58.18%
50-Day Moving Average 52.29
200-Day Moving Average 57.16
Relative Strength Index (RSI) 23.92
Average Volume (20 Days) 30,477,526

Short Selling Information

The latest short interest is 26.97 million, so 0.84% of the outstanding shares have been sold short.

Short Interest 26.97M
Short Previous Month 28.16M
Short % of Shares Out 0.84%
Short % of Float n/a
Short Ratio (days to cover) 1.04

Income Statement

In the last 12 months, Novo Nordisk had revenue of $48.59 billion and earned $16.10 billion in profits. Earnings per share was $3.62.

Revenue48.59B
Gross Profit 40.04B
Operating Income 22.11B
Pretax Income 20.52B
Net Income 16.10B
EBITDA 24.10B
EBIT 22.11B
Earnings Per Share (EPS) $3.62
Full Income Statement

Balance Sheet

The company has $4.24 billion in cash and $20.59 billion in debt, with a net cash position of -$16.35 billion or -$3.68 per share.

Cash & Cash Equivalents 4.24B
Total Debt 20.59B
Net Cash -16.35B
Net Cash Per Share -$3.68
Equity (Book Value) 30.51B
Book Value Per Share 6.86
Working Capital -6.79B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $18.72 billion and capital expenditures -$9.45 billion, giving a free cash flow of $9.32 billion.

Operating Cash Flow 18.72B
Capital Expenditures -9.45B
Free Cash Flow 9.32B
FCF Per Share $2.10
Full Cash Flow Statement

Margins

Gross margin is 82.41%, with operating and profit margins of 45.50% and 33.14%.

Gross Margin 82.41%
Operating Margin 45.50%
Pretax Margin 42.24%
Profit Margin 33.14%
EBITDA Margin 49.60%
EBIT Margin 45.50%
FCF Margin 19.19%

Dividends & Yields

This stock pays an annual dividend of $1.23, which amounts to a dividend yield of 3.29%.

Dividend Per Share $1.23
Dividend Yield 3.29%
Dividend Growth (YoY) 19.97%
Years of Dividend Growth 6
Payout Ratio 33.99%
Buyback Yield 0.34%
Shareholder Yield 3.63%
Earnings Yield 9.63%
FCF Yield 5.57%
Dividend Details

Analyst Forecast

The average price target for Novo Nordisk is $54.25, which is 44.86% higher than the current price. The consensus rating is "Hold".

Price Target $54.25
Price Target Difference 44.86%
Analyst Consensus Hold
Analyst Count 11
Revenue Growth Forecast (5Y) 3.73%
EPS Growth Forecast (5Y) 3.45%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 20, 2023. It was a forward split with a ratio of 2:1.

Last Split Date Sep 20, 2023
Split Type Forward
Split Ratio 2:1

Scores

Novo Nordisk has an Altman Z-Score of 5.15 and a Piotroski F-Score of 5.

Altman Z-Score 5.15
Piotroski F-Score 5