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Novo Nordisk A/S
NYSE:NVO

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Novo Nordisk A/S
NYSE:NVO
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Price: 129.21 USD 0.7% Market Closed
Updated: May 2, 2024

Gross Margin
Novo Nordisk A/S

84.6%
Current
84%
Average
49.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
84.6%
=
Gross Profit
196.5B
/
Revenue
232.3B

Gross Margin Across Competitors

Country DK
Market Cap 4T DKK
Gross Margin
85%
Country JP
Market Cap 776 550.9T JPY
Gross Margin
-3%
Country US
Market Cap 737.4B USD
Gross Margin
79%
Country UK
Market Cap 440.4B GBP
Gross Margin
56%
Country JP
Market Cap 82T JPY
Gross Margin
57%
Country US
Market Cap 363.9B USD
Gross Margin
70%
Country US
Market Cap 326.1B USD
Gross Margin
76%
Country UK
Market Cap 188.7B GBP
Gross Margin
82%
Country CH
Market Cap 182B CHF
Gross Margin
74%
Country CH
Market Cap 175.9B CHF
Gross Margin
73%
Country US
Market Cap 153.5B USD
Gross Margin
70%

Profitability Report

View the profitability report to see the full profitability analysis for Novo Nordisk A/S.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
84.6%
=
Gross Profit
196.5B
/
Revenue
232.3B
What is the Gross Margin of Novo Nordisk A/S?

Based on Novo Nordisk A/S's most recent financial statements, the company has Gross Margin of 84.6%.