Novo Nordisk A/S - ADR Financials

$38.17

$-1.23 (-3.12%)

As on 23-Sep-2026 16:27EDT

Market cap

$190,808 Mln

Revenue (TTM)

$329,431 Mln

P/E Ratio

10.3

P/B Ratio

5.4

Div. Yield

4.2 %

Income Statement (Kr. Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	329,431.00	309,064.00	290,403.00	232,261.00	176,954.00	140,800.00
Cost of Revenue	63,750.00	58,788.00	44,522.00	35,765.00	28,448.00	23,658.00
Gross Profit	265,681.00	250,276.00	245,881.00	196,496.00	148,506.00	117,142.00
Operating Expenses	123,584.00	122,618.00	117,542.00	93,922.00	73,697.00	58,498.00
Operating Profit (EBIT)	142,097.00	127,658.00	128,339.00	102,574.00	74,809.00	58,644.00
Other Income	--	--	--	--	--	--
Profit before Tax	148,749.00	130,540.00	127,191.00	104,674.00	69,062.00	59,080.00
Provision for Tax	32,306.00	28,106.00	26,203.00	20,991.00	13,537.00	11,323.00
Profit after Tax (Net Income)	116,443.00	102,434.00	100,988.00	83,683.00	55,525.00	47,757.00
Minority Interest	--	--	--	--	--	--
Consolidated Profit	46,897.00	102,434.00	100,988.00	83,683.00	55,525.00	47,757.00

Liabilities (Kr. Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	221,277.00	194,047.00	143,486.00	106,561.00	83,486.00	70,746.00
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	134,581.00	133,194.00	104,781.00	38,270.00	36,831.00	24,246.00
Current Liabilities	239,083.00	215,661.00	217,528.00	169,655.00	120,940.00	99,516.00
Total Liabilities	834,024.00	542,902.00	465,795.00	314,486.00	241,257.00	194,508.00

Assets (Kr. Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	386,245.00	370,449.00	304,898.00	174,840.00	133,063.00	108,913.00
Current Assets	208,696.00	172,453.00	160,897.00	139,646.00	108,194.00	85,595.00
Total Assets	834,024.00	542,902.00	465,795.00	314,486.00	241,257.00	194,508.00
Total Debt*	140,127.00	130,958.00	102,787.00	27,006.00	25,784.00	26,645.00
Net Current Assets	-30,387.00	-43,208.00	-56,631.00	-30,009.00	-12,746.00	-13,921.00

Cashflow (Kr. Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	119,102.00	120,968.00	108,908.00	78,887.00	55,000.00
Cash Flow from Investing Activities	--	-79,158.00	-128,895.00	-43,892.00	-24,918.00	-31,605.00
Cash from Financing Activities	--	-28,408.00	8,735.00	-63,158.00	-51,797.00	-25,493.00
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS (Kr.)	26.19	23.03	22.64	18.69	12.28	10.41
Cash EPS (Kr.)	--	27.97	26.92	20.79	13.90	11.73
Adjusted Book Value (Kr.)	--	43.63	32.17	23.80	18.46	15.43
Dividend per Share (Kr.)	--	--	--	--	--	--
Cash Flow per Share (Kr.)	--	26.78	27.12	24.32	17.44	11.99
Free Cash Flow per Share (Kr.)	--	6.52	15.62	15.64	14.18	10.38

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	35.86	53.17	68.92	53.74	87.23
ROE (%)	56.07	60.70	80.78	88.07	72.00	117.69
ROA (%)	15.28	20.31	25.89	30.12	25.48	43.75
EBIT Margin (%)	46.67	43.60	44.36	45.30	39.24	42.17
Net Margin (%)	35.35	33.14	34.78	36.03	31.38	33.92
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	5.61	0.06	0.25	0.31	0.26	0.11
EBIT Growth (%)	-1.97	4.59	22.44	51.52	16.96	10.93
Net Profit Growth (%)	4.84	1.43	20.68	50.71	16.27	13.33
EPS Growth (%)	5.02	0.02	0.21	0.52	0.18	0.15
Book Value Growth (%)	31.99	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	0.55	0.67	0.72	0.25	0.31	0.38
Short term debt to equity ratio	0.08	0.06	0.09	0.06	0.02	0.19
Current Ratio	0.87	0.80	0.74	0.82	0.89	0.86
Quick Ratio	0.66	0.57	0.55	0.64	0.69	0.66
Interest Coverage	8.98	32.03	78.56	194.13	183.70	205.43

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	32.94	24.49	30.10	32.40	32.50	33.24
Asset Turnover	0.43	0.61	0.74	0.84	0.81	1.29
Receivable days	--	96.38	102.30	104.39	107.65	66.68
Inventory Days	--	281.05	298.04	286.97	282.52	174.98
Payable days	--	150.99	223.36	210.34	157.00	75.73
Cash Conversion Cycle	--	226.45	176.99	181.02	233.16	165.93

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (Kr. Mln)