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) Shares outstanding

Alert me on Shares outstanding

Novo Nordisk A/S's shares outstanding at the end of fiscal 2025 was $4.4B, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $4.4B. Over the past ten years it has ranged from $4.4B (fiscal 2025) to $5.2B (fiscal 2015) — the current reading is the lowest in ten years. Novo Nordisk A/S ranks 2nd of 20 Drug Manufacturers General companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $4.4B (0.34%)
FY2024 $4.5B (0.71%)
FY2023 $4.5B (1.10%)
FY2022 $4.5B (1.31%)
FY2021 $4.6B (1.60%)
FY2020 $4.7B (1.63%)
FY2019 $4.8B (1.89%)
FY2018 $4.8B (2.17%)
FY2017 $5.0B (2.23%)
FY2016 $5.1B (1.67%)

Quarterly newest first

Period Shares outstanding Change
Jun 2026 $4.4B (0.31%)
Mar 2026 $4.4B 0.04%
Dec 2025 $4.4B 0.04%
Sep 2025 $4.4B (0.02%)
42 more quarters

Against its own ten years

Low $4.4B High $5.2B
Ten-year median $4.7B
Current reading's percentile 9

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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