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Friday 6 November 2026 Export NVO’s income statement to Excel — free account

Novo Nordisk A/S

NVO Healthcare Drug Manufacturers General

Novo Nordisk A/S’s revenue for fiscal 2025 (year ended December 2025) was $46.8 billion, up 11.1% from fiscal 2024.

Revenue
+4.47%
EPS
−18.7%
Free cash flow
+71.6%
Total debt
+44.4%

Quarter to June 2026, against a year earlier

40.22 0.08 −0.20%
Market cap
$134.8B
P/E
9.9×
Fwd P/E
—
Dividend yield
4.45%
F-score
5/9
Altman Z
4.32
Beneish M
−2.51
Dividend safety
46/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Novo Nordisk A/S (NVO) Current ratio

Alert me on Current ratio

Novo Nordisk A/S's current ratio at the end of the quarter to 30 June 2026 was 0.9×, up 0.1× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.7× (fiscal 2024) to 1.3× (fiscal 2015); the current reading is higher than 18% of that period. That is below the Drug Manufacturers General industry median of 1.4× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.8× 8.10%
FY2024 0.7× (10.13%)
FY2023 0.8× (7.99%)
FY2022 0.9× 4.01%
FY2021 0.9× (8.16%)
FY2020 0.9× (11.56%)
FY2019 1.1× (2.90%)
FY2018 1.1× (14.59%)
FY2017 1.3× 1.34%
FY2016 1.3× (6.61%)

Quarterly newest first

Period Current ratio Change
Jun 2026 0.9× 10.84%
Mar 2026 0.8× (1.51%)
Dec 2025 0.8× 3.03%
Sep 2025 0.8× (1.01%)
42 more quarters

Against its own ten years

Low 0.7× High 1.3×
Ten-year median 0.9×
Current reading's percentile 18

Current ratio against peers

Company Current ratio
BMY Bristol Myers Squibb Company compare 1.6×
AMGN Amgen Inc. compare 1.5×
PFE Pfizer Inc. compare 1.4×
GILD Gilead Sciences, Inc. compare 1.4×
SNY Sanofi compare 1.1×
AZN AstraZeneca PLC compare 1.0×
NVS Novartis AG compare 0.9×
NVO Novo Nordisk A/S 0.9×
GSK GSK PLC Sponsored ADR compare 0.9×
Drug Manufacturers General industry median 1.4×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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