Novo Nordisk A/S Class B

Novo Nordisk A/S Class B

9,250.00
ARS
+130.00
(+1.43%)
1,152.78EPS
9.31P/E
311.01TMarket Cap
Nov 04Next Earn

Total Valuation

ARS

As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B carries a market capitalization of 311.01T, placing it among publicly traded companies globally. Its enterprise value stands at 332.58T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap311.01T
Enterprise Value332.58T

Important Dates

Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B's next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B has 28.93B shares outstanding.

Shares Outstanding28.93B

Valuation Ratios

As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B trades at a trailing price-to-earnings ratio of 9.31. The price-to-sales ratio is 3.29, and the price-to-book ratio stands at 6.20.

PE Ratio9.31
PS Ratio3.29
PB Ratio6.20
P/TBV Ratio13.82
P/FCF Ratio22.72
P/OCF Ratio8.22

Enterprise Valuation

As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B trades at an EV/EBITDA multiple of 9.06 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.45 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 10.32 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B trades at an EV/FCF ratio of 30.39, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 332.58T versus a market cap of 311.01T, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.45
EV / EBITDA9.06
EV / EBIT10.32
EV / FCF30.39

Financial Position

As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B maintains a current ratio of 0.87, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 63.33, indicating elevated leverage, while an interest coverage ratio of 273.09 demonstrates strong ability to service its debt obligations.

Current Ratio0.87
Quick Ratio0.64
Debt / Equity63.33
Debt / EBITDA0.87
Interest Coverage273.09

Financial Efficiency

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Over the twelve months ended June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B posted a return on equity (ROE) of 59.82, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 33.40 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 21.62, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 37.19, useful for judging operating efficiency across full business cycles. The company generates approximately 1.06B in revenue per employee across its workforce of 70,671.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.31 indicates how many times Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)59.82
Return on Assets (ROA)21.62
Return on Invested Capital (ROIC)33.40
Return on Capital Employed (ROCE)37.19
Revenue Per Employee1.06B
Employee Count70,671.00
Inventory Turnover1.31

Taxes

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Over the twelve months ended June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B recorded 7.33T in income tax expense. That works out to an effective tax rate of 21.72, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 33.73T, leaving 26.41T in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax7.33T
Effective Tax Rate21.72

Stock Price Statistics

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These figures are as of the close on October 22, 2026.

50-Day Moving Average9,671.80

Income Statement

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Over the twelve months ended June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B generated 74.71T in revenue and converted that into 26.41T in net income, yielding earnings per share of 1,152.78. EBITDA reached 36.72T, while operating income came in at 32.22T.

Revenue74.71T
Gross Profit60.25T
Operating Income32.22T
Pretax Income33.73T
Net Income26.41T
EBITDA36.72T
EBIT32.22T
Earnings Per Share (EPS)1,152.78

Balance Sheet

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As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B holds 10.20T in cash and equivalents against 31.78T in total debt, resulting in a net debt position of 21.69T. Total book value stands at 50.18T, with working capital of -6.89T providing operational flexibility.

Cash & Cash Equivalents10.20T
Total Debt31.78T
Net Debt21.69T
Equity (Book Value)50.18T
Book Value Per Share1,734.51
Working Capital-6.89T

Cash Flow

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Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B produced 29.91T in operating cash flow over the twelve months ended June 30, 2026. After subtracting -19.07T in capital expenditures, free cash flow totaled 10.84T - equivalent to 473.79 per share.

Operating Cash Flow29.91T
Capital Expenditures-19.07T
Free Cash Flow10.84T
FCF Per Share473.79

Margins

Over the twelve months ended June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B posted a gross margin of 80.65, reflecting its pricing power and cost economics. The operating margin of 43.13 and net profit margin of 35.35 provide insight into operational efficiency.

Gross Margin80.65
Operating Margin43.13
Pretax Margin45.15
Profit Margin35.35
EBITDA Margin49.16

Dividends & Yields

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Over the twelve months ended June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B paid dividends of 515.29 per share. The dividend payout ratio of 44.64 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 4.40, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.62, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B shareholders.

Dividend Per Share515.29
Payout Ratio44.64
Shareholder Yield1.62
FCF Yield4.40

Scores

As of June 30, 2026, Novo Nordisk A/S ADR Cert Deposito Arg Repr 0.142857 ADR-B has an Altman Z-Score of 4.48, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.48