Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
46.74
+0.60 (1.30%)
At close: Aug 21, 2026, 4:00 PM EDT
46.81
+0.07 (0.15%)
After-hours: Aug 21, 2026, 7:59 PM EDT

Novo Nordisk Statistics

Total Valuation

Novo Nordisk has a market cap or net worth of $207.84 billion. The enterprise value is $222.70 billion.

Market Cap207.84B
Enterprise Value 222.70B

Important Dates

The last earnings date was Tuesday, August 4, 2026, after market close.

Earnings Date Aug 4, 2026
Ex-Dividend Date Aug 17, 2026

Share Statistics

Novo Nordisk has 4.43 billion shares outstanding. The number of shares has decreased by -0.14% in one year.

Current Share Class n/a
Shares Outstanding 4.43B
Shares Change (YoY) -0.14%
Shares Change (QoQ) -0.29%
Owned by Insiders (%) 0.02%
Owned by Institutions (%) 28.02%
Float 3.17B

Valuation Ratios

The trailing PE ratio is 11.68 and the forward PE ratio is 15.24.

PE Ratio 11.68
Forward PE 15.24
PS Ratio 4.13
Forward PS 0.71
PB Ratio 6.15
P/TBV Ratio 13.71
P/FCF Ratio 17.54
P/OCF Ratio 10.09
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.39, with an EV/FCF ratio of 18.80.

EV / Earnings 12.52
EV / Sales 4.42
EV / EBITDA 8.39
EV / EBIT 9.03
EV / FCF 18.80

Financial Position

The company has a current ratio of 0.87, with a Debt / Equity ratio of 0.63.

Current Ratio 0.87
Quick Ratio 0.64
Debt / Equity 0.63
Debt / EBITDA 0.80
Debt / FCF 1.81
Interest Coverage 1,566.84

Financial Efficiency

Return on equity (ROE) is 59.82% and return on invested capital (ROIC) is 39.22%.

Return on Equity (ROE) 59.82%
Return on Assets (ROA) 18.73%
Return on Invested Capital (ROIC) 39.22%
Return on Capital Employed (ROCE) 45.35%
Weighted Average Cost of Capital (WACC) 5.60%
Revenue Per Employee $724,276
Profits Per Employee $256,008
Employee Count69,505
Asset Turnover 0.61
Inventory Turnover 1.22

Taxes

In the past 12 months, Novo Nordisk has paid $4.94 billion in taxes.

Income Tax 4.94B
Effective Tax Rate 21.72%

Stock Price Statistics

The stock price has decreased by -13.92% in the last 52 weeks. The beta is 0.35, so Novo Nordisk's price volatility has been lower than the market average.

Beta (5Y) 0.35
52-Week Price Change -13.92%
50-Day Moving Average 47.58
200-Day Moving Average 46.42
Relative Strength Index (RSI) 48.53
Average Volume (20 Days) 14,140,443

Short Selling Information

The latest short interest is 29.42 million, so 0.93% of the outstanding shares have been sold short.

Short Interest 29.42M
Short Previous Month 27.78M
Short % of Shares Out 0.93%
Short % of Float n/a
Short Ratio (days to cover) 3.02

Income Statement

In the last 12 months, Novo Nordisk had revenue of $50.34 billion and earned $17.79 billion in profits. Earnings per share was $4.00.

Revenue50.34B
Gross Profit 41.27B
Operating Income 24.66B
Pretax Income 22.73B
Net Income 17.79B
EBITDA 26.54B
EBIT 24.66B
Earnings Per Share (EPS) $4.00
Full Income Statement

Balance Sheet

The company has $6.87 billion in cash and $21.41 billion in debt, with a net cash position of -$14.54 billion or -$3.28 per share.

Cash & Cash Equivalents 6.87B
Total Debt 21.41B
Net Cash -14.54B
Net Cash Per Share -$3.28
Equity (Book Value) 33.81B
Book Value Per Share 7.64
Working Capital -4.64B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $20.60 billion and capital expenditures -$8.76 billion, giving a free cash flow of $11.85 billion.

Operating Cash Flow 20.60B
Capital Expenditures -8.76B
Depreciation & Amortization 1.92B
Net Borrowing 5.69B
Free Cash Flow 11.85B
FCF Per Share $2.68
Full Cash Flow Statement

Margins

Gross margin is 81.99%, with operating and profit margins of 48.99% and 35.35%.

Gross Margin 81.99%
Operating Margin 48.99%
Pretax Margin 45.15%
Profit Margin 35.35%
EBITDA Margin 52.72%
EBIT Margin 48.99%
FCF Margin 23.02%

Dividends & Yields

This stock pays an annual dividend of $1.28, which amounts to a dividend yield of 2.74%.

Dividend Per Share $1.28
Dividend Yield 2.74%
Dividend Growth (YoY) 4.13%
Years of Dividend Growth 6
Payout Ratio 32.01%
Buyback Yield 0.14%
Shareholder Yield 2.88%
Earnings Yield 8.56%
FCF Yield 5.70%
Dividend Details

Analyst Forecast

The average price target for Novo Nordisk is $47.49, which is 1.61% higher than the current price. The consensus rating is "Hold".

Price Target $47.49
Price Target Difference 1.61%
Analyst Consensus Hold
Analyst Count 14
Revenue Growth Forecast (3Y) 1.43%
EPS Growth Forecast (3Y) 1.12%
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 4.21 and a Piotroski F-Score of 5.

Altman Z-Score 4.21
Piotroski F-Score 5