Novo Nordisk Past Earnings Performance
Past criteria checks 4/6
Novo Nordisk has been growing earnings at an average annual rate of 21.6%, while the Pharmaceuticals industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 20% per year. Novo Nordisk's return on equity is 75.5%, and it has net margins of 34.5%.
Key information
21.60%
Earnings growth rate
22.77%
EPS growth rate
Pharmaceuticals Industry Growth | 5.95% |
Revenue growth rate | 19.95% |
Return on equity | 75.51% |
Net Margin | 34.51% |
Next Earnings Update | 06 Aug 2025 |
Recent past performance updates
Recent updates
Novo Nordisk: The Time To Buy Has Come
Jun 10Novo Nordisk: Examining Tariff And Pricing Risks
Apr 26Novo Nordisk: A Price Too Low To Ignore
Apr 18Eli Lilly Vs. Novo Nordisk: Which Is The Better Bargain For Investors
Mar 30Novo Nordisk: CagriSema Disappoints Again
Mar 10Why Novo Nordisk Is A Strong Buy Despite Market Concerns
Feb 20Novo Nordisk: Dips Like These Come Once Every Few Years
Feb 13
Novo Nordisk aims for a promising future with a fair value of 101.75
Revenue growth is expected to be driven by continued demand for GLP-1 drugs, especially Ozempic and Wegovy.Novo Nordisk Q4 Earnings: Outperformance Suggests Stock Price Comeback Starts Today
Feb 05Novo Nordisk: Excellent Opportunity To Buy The Dip
Jan 15Novo Nordisk Vs. Eli Lilly: Obesity Makes Their Future Bright, But One Of Them Has More Potential
Jan 06Novo Nordisk Stock: A Rare Buying Opportunity
Dec 20Novo Nordisk: Just The Right Price (Rating Upgrade)
Dec 11Novo Nordisk: Can CagriSema Show 25% Weight Loss In REDEFINE-1 Trial?
Nov 25Novo Nordisk: A GLP-1 Leader Faces Increasing Competition
Nov 06Novo Nordisk: A Diabetes Leader Among Big Pharma, But Still Overvalued
Oct 21Multiple Strong Catalysts And Attractive Valuation Make Novo Nordisk A Buy
Sep 18Novo Nordisk: Low Dividend Yield, Decelerated Growth Rates, Hold For Now
Sep 10Novo Nordisk: Great Value Buying Opportunity, Thanks To The Much-Needed Rotation
Aug 18Novo Nordisk: Growth Only Limited By Manufacturing Capacity
Aug 07Novo Nordisk: Better Buying Opportunities Ahead
Jul 26Novo Nordisk: Buy On Dips
Jul 04Novo Nordisk Breaks Out To An All-Time High On China Approval Of Wegovy
Jun 26Novo Nordisk: Leading The Fight Against Diabetes And Obesity
Jun 18Novo Nordisk: Considerable Growth Beyond Ozempic
May 27The FTC Cracks Down On Novo Nordisk's Ozempic
May 03Novo Nordisk: Medicare Coverage To Unlock Another Big Market For Wegovy
Apr 26Novo Nordisk: The Moat Won't Last Forever
Apr 09Shaping The Future Of Obesity Treatment: GLP-1 Agonists At The Forefront
Mar 18Revenue & Expenses Breakdown
How Novo Nordisk makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 25 | 303,141 | 104,615 | 69,067 | 41,774 |
31 Dec 24 | 290,403 | 100,988 | 67,368 | 40,072 |
30 Sep 24 | 270,583 | 94,721 | 65,722 | 37,606 |
30 Jun 24 | 258,003 | 89,898 | 63,205 | 36,246 |
31 Mar 24 | 244,243 | 89,276 | 62,524 | 32,953 |
31 Dec 23 | 232,261 | 83,683 | 61,594 | 31,075 |
30 Sep 23 | 214,490 | 75,312 | 58,063 | 29,308 |
30 Jun 23 | 201,325 | 67,239 | 56,597 | 26,813 |
31 Mar 23 | 188,290 | 61,129 | 53,014 | 24,809 |
31 Dec 22 | 176,954 | 55,525 | 50,683 | 23,263 |
30 Sep 22 | 167,195 | 52,825 | 48,415 | 21,021 |
30 Jun 22 | 157,251 | 50,539 | 45,949 | 19,640 |
31 Mar 22 | 149,027 | 49,344 | 43,023 | 18,461 |
31 Dec 21 | 140,800 | 47,757 | 41,058 | 17,199 |
30 Sep 21 | 134,605 | 46,183 | 39,200 | 16,273 |
30 Jun 21 | 129,910 | 44,362 | 38,237 | 15,932 |
31 Mar 21 | 126,875 | 42,864 | 37,557 | 15,279 |
31 Dec 20 | 126,946 | 42,138 | 36,886 | 15,462 |
30 Sep 20 | 127,225 | 41,537 | 36,693 | 14,913 |
30 Jun 20 | 126,575 | 41,433 | 36,283 | 14,603 |
31 Mar 20 | 126,605 | 40,403 | 36,490 | 14,869 |
31 Dec 19 | 122,021 | 38,951 | 35,830 | 14,220 |
30 Sep 19 | 119,336 | 38,731 | 35,056 | 14,352 |
30 Jun 19 | 116,821 | 37,574 | 34,346 | 14,395 |
31 Mar 19 | 114,192 | 38,322 | 33,855 | 14,134 |
31 Dec 18 | 111,831 | 38,628 | 33,313 | 14,805 |
30 Sep 18 | 110,091 | 38,384 | 32,729 | 14,244 |
30 Jun 18 | 108,943 | 39,117 | 32,062 | 13,928 |
31 Mar 18 | 110,174 | 38,725 | 31,739 | 14,046 |
31 Dec 17 | 111,696 | 38,130 | 32,124 | 14,014 |
30 Sep 17 | 113,276 | 38,576 | 31,786 | 14,501 |
30 Jun 17 | 114,199 | 38,609 | 32,268 | 14,631 |
31 Mar 17 | 113,020 | 38,626 | 32,390 | 14,548 |
31 Dec 16 | 111,780 | 37,925 | 32,339 | 14,563 |
30 Sep 16 | 111,084 | 37,484 | 32,467 | 13,884 |
30 Jun 16 | 110,339 | 36,064 | 32,495 | 13,715 |
31 Mar 16 | 109,939 | 34,439 | 32,817 | 13,419 |
31 Dec 15 | 107,927 | 34,860 | 32,169 | 13,608 |
30 Sep 15 | 103,636 | 33,131 | 30,712 | 13,616 |
30 Jun 15 | 99,093 | 31,248 | 29,578 | 13,381 |
31 Mar 15 | 93,663 | 29,899 | 27,870 | 13,421 |
31 Dec 14 | 88,806 | 26,481 | 26,760 | 13,762 |
30 Sep 14 | 85,919 | 26,005 | 26,571 | 12,863 |
30 Jun 14 | 84,181 | 25,920 | 26,153 | 12,604 |
Quality Earnings: NVO has high quality earnings.
Growing Profit Margin: NVO's current net profit margins (34.5%) are lower than last year (36.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NVO's earnings have grown significantly by 21.6% per year over the past 5 years.
Accelerating Growth: NVO's earnings growth over the past year (17.2%) is below its 5-year average (21.6% per year).
Earnings vs Industry: NVO earnings growth over the past year (17.2%) exceeded the Pharmaceuticals industry 13.1%.
Return on Equity
High ROE: NVO's Return on Equity (75.5%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/06/12 10:54 |
End of Day Share Price | 2025/06/12 00:00 |
Earnings | 2025/03/31 |
Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Novo Nordisk A/S is covered by 71 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
null null | ABG Sundal Collier |
Kamla Singh | AlphaValue |
Gerhard Schwarz | Baader Helvea Equity Research |