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

40.33 1.85 −4.39%
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

Novo Nordisk A/S (NVO) Return on assets

Alert me on Return on assets

Novo Nordisk A/S's return on assets over the twelve months to 30 June 2026 was 22.0%, up 1.3 percentage points from fiscal 2025 (20.7%). Over the past ten years it has ranged from 20.7% (fiscal 2025) to 40.0% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Drug Manufacturers General industry median of 2.28% and above the Healthcare sector median of −29.3%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 20.7% (5.16)
FY2024 25.9% (4.57)
FY2023 30.4% 6.29
FY2022 24.2% (4.44)
FY2021 28.6% (2.88)
FY2020 31.5% (1.18)
FY2019 32.7% (3.71)
FY2018 36.4% (2.20)
FY2017 38.6% (1.47)
FY2016 40.0% 2.17

Against its own ten years

Low 20.7% High 40.0%
Ten-year median 31.5%
Current reading's percentile 9

Return on assets against peers

Company Return on assets
NVO Novo Nordisk A/S 22.0%
AMGN Amgen Inc. compare 10.1%
BMY Bristol Myers Squibb Company compare 9.96%
AZN AstraZeneca PLC compare 9.41%
NVS Novartis AG compare 8.94%
GSK GSK PLC Sponsored ADR compare 6.53%
SNY Sanofi compare 3.24%
PFE Pfizer Inc. compare 1.95%
GILD Gilead Sciences, Inc. compare −7.03%
Drug Manufacturers General industry median 2.28%
Healthcare sector median −29.3%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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