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) Total debt

Alert me on Total debt

Novo Nordisk A/S's total debt at the end of fiscal 2025 was $19.8B, up 33.0% from $14.9B in fiscal 2024. At the end of the quarter to 30 June 2026 it was $21.8B. Over the past ten years it has ranged from $34.0M (fiscal 2016) to $19.8B (fiscal 2025) — the current reading is the highest in ten years. Novo Nordisk A/S ranks 12th of 21 Drug Manufacturers General companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $19.8B 33.03%
FY2024 $14.9B 280.08%
FY2023 $3.9B 7.40%
FY2022 $3.7B (13.88%)
FY2021 $4.2B 167.20%
FY2020 $1.6B 136.09%
FY2019 $672.0M 753.41%
FY2018 $78.7M (69.40%)
FY2017 $257.3M 656.17%
FY2016 $34.0M (78.69%)

Quarterly newest first

Period Total debt Change
Jun 2026 $21.8B (4.88%)
Mar 2026 $22.9B 15.62%
Dec 2025 $19.8B 25.09%
Sep 2025 $15.9B 4.98%
42 more quarters

Against its own ten years

Low $34.0M High $19.8B
Ten-year median $1.6B
Current reading's percentile 100

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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