Novo Nordisk A/S
NYSE:NVO

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Novo Nordisk A/S
NYSE:NVO
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Price: 47.28 USD -6% Market Closed
Market Cap: $210.6B

Operating Margin

42%
Current
Declining
by 2.4%
vs 3-y average of 44.4%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
42%
=
Operating Income
kr132.7B
/
Revenue
kr315.6B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
42%
=
Operating Income
$132.7B
/
Revenue
kr315.6B

Peer Comparison

Country Company Market Cap Operating
Margin
DK
Novo Nordisk A/S
CSE:NOVO B
1.3T DKK
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US
Eli Lilly and Co
NYSE:LLY
1.1T USD
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US
Merck & Co Inc
NYSE:MRK
294.9B USD
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US
Amgen Inc
NASDAQ:AMGN
197.2B USD
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US
Pfizer Inc
NYSE:PFE
153.2B USD
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DE
Bayer AG
XETRA:BAYN
44.1B EUR
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US
Johnson & Johnson
NYSE:JNJ
564.7B USD
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CH
Roche Holding AG
SIX:ROG
282.5B CHF
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CH
Novartis AG
SIX:NOVN
226B CHF
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UK
AstraZeneca PLC
LSE:AZN
212.5B GBP
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IE
Endo International PLC
LSE:0Y5F
218B USD
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Market Distribution

Higher than 92% of companies in Denmark
Percentile
92st
Based on 506 companies
92st percentile
42%
Low
-5 981.6% — 1.3%
Typical Range
1.3% — 16.3%
High
16.3% — 423.3%
Distribution Statistics
Denmark
Min -5 981.6%
30th Percentile 1.3%
Median 7.5%
70th Percentile 16.3%
Max 423.3%

Novo Nordisk A/S
Glance View

In the heart of Denmark, Novo Nordisk A/S stands as a beacon of innovation in the pharmaceutical industry, tracing its roots back to the early 20th century when it began as a small insulin-producing laboratory. This company, now a global heavyweight, is renowned for its dedication to diabetes care, a commitment that has driven its meteoric rise. Novo Nordisk's operations are deeply entrenched in the discovery, development, and production of medicines aimed at treating chronic diseases such as diabetes, obesity, and rare blood and endocrine disorders. Their prowess in biotechnology is not only evident in their diverse product portfolio but also in their relentless pursuit of new therapeutics through cutting-edge research and development, underscoring their mantra of improving the quality of life for millions across the globe. At its core, Novo Nordisk's business model is a sophisticated blend of patient-centric innovation and strategic market outreach. Sales of insulin and GLP-1 receptor agonists form the backbone of their revenue, targeting a growing global demographic faced with diabetes and related metabolic conditions. Their manufacturing process is a finely-tuned system that transforms complex scientific discoveries into tangible, effective treatments. Through strategic pricing, partnerships, and expansion in both mature and emerging markets, Novo Nordisk skillfully maneuvers the intricate web of global healthcare demands. By leveraging a robust pipeline of new drugs and improving access to existing therapies, the company not only secures its financial health but also ensures that its impact on healthcare remains profound and far-reaching.

NVO Intrinsic Value
79.48 USD
Undervaluation 41%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
42%
=
Operating Income
kr132.7B
/
Revenue
kr315.6B
What is Novo Nordisk A/S's current Operating Margin?

The current Operating Margin for Novo Nordisk A/S is 42%, which is below its 3-year median of 44.4%.

How has Operating Margin changed over time?

Over the last 3 years, Novo Nordisk A/S’s Operating Margin has decreased from 42.7% to 42%. During this period, it reached a low of 42% on Sep 30, 2025 and a high of 47.8% on Dec 31, 2024.

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