Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
44.96
+0.57 (1.28%)
At close: May 22, 2026, 4:00 PM EDT
44.85
-0.11 (-0.24%)
After-hours: May 22, 2026, 7:59 PM EDT

Novo Nordisk Statistics

Total Valuation

Novo Nordisk has a market cap or net worth of $198.94 billion. The enterprise value is $218.32 billion.

Market Cap198.94B
Enterprise Value 218.32B

Important Dates

The last earnings date was Wednesday, May 6, 2026, before market open.

Earnings Date May 6, 2026
Ex-Dividend Date Mar 30, 2026

Share Statistics

Novo Nordisk has 4.44 billion shares outstanding. The number of shares has decreased by -0.20% in one year.

Current Share Class n/a
Shares Outstanding 4.44B
Shares Change (YoY) -0.20%
Shares Change (QoQ) -0.02%
Owned by Insiders (%) 0.02%
Owned by Institutions (%) 28.66%
Float 3.18B

Valuation Ratios

The trailing PE ratio is 10.57 and the forward PE ratio is 14.21.

PE Ratio 10.57
Forward PE 14.21
PS Ratio 3.93
Forward PS 0.66
PB Ratio 6.35
P/TBV Ratio 17.63
P/FCF Ratio 21.20
P/OCF Ratio 10.89
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.14, with an EV/FCF ratio of 23.27.

EV / Earnings 11.60
EV / Sales 4.32
EV / EBITDA 8.14
EV / EBIT 8.77
EV / FCF 23.27

Financial Position

The company has a current ratio of 0.79, with a Debt / Equity ratio of 0.72.

Current Ratio 0.79
Quick Ratio 0.54
Debt / Equity 0.72
Debt / EBITDA 0.83
Debt / FCF 2.41
Interest Coverage 38.38

Financial Efficiency

Return on equity (ROE) is 71.40% and return on invested capital (ROIC) is 40.42%.

Return on Equity (ROE) 71.40%
Return on Assets (ROA) 19.25%
Return on Invested Capital (ROIC) 40.42%
Return on Capital Employed (ROCE) 48.33%
Weighted Average Cost of Capital (WACC) 5.77%
Revenue Per Employee $727,566
Profits Per Employee $270,689
Employee Count69,505
Asset Turnover 0.63
Inventory Turnover 1.17

Taxes

In the past 12 months, Novo Nordisk has paid $5.20 billion in taxes.

Income Tax 5.20B
Effective Tax Rate 21.66%

Stock Price Statistics

The stock price has decreased by -34.08% 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 -34.08%
50-Day Moving Average 40.56
200-Day Moving Average 49.06
Relative Strength Index (RSI) 58.50
Average Volume (20 Days) 16,570,197

Short Selling Information

The latest short interest is 14.00 million, so 0.44% of the outstanding shares have been sold short.

Short Interest 14.00M
Short Previous Month 19.93M
Short % of Shares Out 0.44%
Short % of Float n/a
Short Ratio (days to cover) 0.83

Income Statement

In the last 12 months, Novo Nordisk had revenue of $50.57 billion and earned $18.81 billion in profits. Earnings per share was $4.23.

Revenue50.57B
Gross Profit 42.07B
Operating Income 24.91B
Pretax Income 24.02B
Net Income 18.81B
EBITDA 26.82B
EBIT 24.91B
Earnings Per Share (EPS) $4.23
Full Income Statement

Balance Sheet

The company has $3.34 billion in cash and $22.58 billion in debt, with a net cash position of -$19.25 billion or -$4.33 per share.

Cash & Cash Equivalents 3.34B
Total Debt 22.58B
Net Cash -19.25B
Net Cash Per Share -$4.33
Equity (Book Value) 31.33B
Book Value Per Share 7.05
Working Capital -7.38B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $18.27 billion and capital expenditures -$8.95 billion, giving a free cash flow of $9.38 billion.

Operating Cash Flow 18.27B
Capital Expenditures -8.95B
Depreciation & Amortization 1.93B
Net Borrowing 3.75B
Free Cash Flow 9.38B
FCF Per Share $2.11
Full Cash Flow Statement

Margins

Gross margin is 83.20%, with operating and profit margins of 49.25% and 37.20%.

Gross Margin 83.20%
Operating Margin 49.25%
Pretax Margin 47.49%
Profit Margin 37.20%
EBITDA Margin 53.04%
EBIT Margin 49.25%
FCF Margin 18.56%

Dividends & Yields

This stock pays an annual dividend of $1.29, which amounts to a dividend yield of 2.86%.

Dividend Per Share $1.29
Dividend Yield 2.86%
Dividend Growth (YoY) 8.79%
Years of Dividend Growth 6
Payout Ratio 30.39%
Buyback Yield 0.20%
Shareholder Yield 3.05%
Earnings Yield 9.46%
FCF Yield 4.72%
Dividend Details

Analyst Forecast

The average price target for Novo Nordisk is $46.72, which is 3.92% higher than the current price. The consensus rating is "Buy".

Price Target $46.72
Price Target Difference 3.92%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 1.72%
EPS Growth Forecast (5Y) -0.69%
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 4.66 and a Piotroski F-Score of 4.

Altman Z-Score 4.66
Piotroski F-Score 4