Novo Nordisk A/S logo NVO - Novo Nordisk A/S

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 24
HOLD 11
SELL 3
STRONG
SELL
0
| PRICE TARGET: $55.00 DETAILS
HIGH: $70.00
LOW: $47.00
MEDIAN: $51.50
CONSENSUS: $55.00
DOWNSIDE: 11.76%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 290,403.0 232,261.0 176,954.0 140,800.0 126,946.0 122,021.0 111,831.0 111,696.0 111,780.0 107,927.0
Cost of Revenue 44,522.0 35,765.0 28,448.0 23,658.0 20,932.0 20,088.0 17,617.0 17,632.0 17,183.0 16,188.0
Gross Profit 245,881.0 196,496.0 148,506.0 117,142.0 106,014.0 101,933.0 94,214.0 94,064.0 94,597.0 91,739.0
Operating Expenses
R&D Expenses 48,062.0 32,443.0 24,047.0 17,772.0 15,462.0 14,220.0 14,805.0 14,014.0 14,563.0 13,608.0
SG&A Expenses 67,377.0 61,598.0 50,684.0 41,058.0 36,886.0 35,830.0 33,313.0 32,124.0 32,339.0 32,169.0
Other Expenses 2,103.0 (119.0) (1,034.0) (332.0) (460.0) (600.0) (1,152.0) (1,041.0) (737.0) (3,482.0)
Operating Expenses 117,542.0 93,922.0 73,697.0 58,498.0 51,888.0 49,450.0 46,966.0 45,097.0 46,165.0 42,295.0
Operating Income
Operating Income 128,339.0 102,574.0 74,809.0 58,644.0 54,126.0 52,483.0 47,248.0 48,967.0 48,432.0 49,444.0
Interest Expense 1,640.0 542.0 378.0 289.0 500.8 494.5 85.0 90.0 65.0 67.0
Interest Income 1,838.0 1,069.0 239.0 231.0 312.6 64.2 51.0 69.0 52.0 56.0
Profitability
EBITDA 137,376.0 114,629.0 76,802.0 65,394.0 59,273.0 54,434.0 51,625.0 51,952.0 51,056.0 46,509.0
EBIT 128,831.0 105,216.0 69,440.0 59,369.0 53,520.0 48,773.0 47,700.0 48,770.0 47,863.0 43,550.0
Income Before Tax 127,191.0 104,674.0 69,062.0 59,080.0 53,130.0 48,553.0 47,615.0 48,680.0 47,798.0 43,483.0
Income Tax Expense 26,203.0 20,991.0 13,537.0 11,323.0 10,992.0 9,602.0 8,987.0 10,550.0 9,873.0 8,623.0
Net Income 100,988.0 83,683.0 55,525.0 47,757.0 42,138.0 38,951.0 38,628.0 38,130.0 37,925.0 34,860.0
Per Share Data
EPS (Basic) 22.67 18.67 12.26 10.40 9.03 8.21 7.98 7.71 7.50 6.78
EPS (Diluted) 22.63 18.62 12.22 10.37 9.01 8.19 7.97 7.70 7.48 6.76
Shares Outstanding 4,453.9 4,482.8 4,530.6 4,593.2 4,667.8 4,748.6 4,839.2 4,955.2 5,069.5 5,155.4
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Current Assets
Cash & Cash Equivalents 15,655.0 14,392.0 12,653.0 10,720.0 2,097.0 2,324.6 15,638.0 18,852.0 18,690.0 16,923.0
Short-Term Investments 10,653.0 15,838.0 10,921.0 6,765.0 0.0 0.0 0.0 0.0 2,009.0 3,542.0
Net Receivables 87,414.0 75,261.0 57,505.0 46,799.0 4,606.4 3,863.3 26,889.0 23,551.0 24,197.0 17,742.0
Inventory 40,849.0 31,811.0 24,388.0 19,621.0 3,046.9 2,650.0 16,336.0 15,373.0 14,341.0 12,758.0
Other Current Assets 6,326.0 2,344.0 9,672.0 1,690.0 1,067.3 544.1 4,307.0 5,690.0 529.0 6,432.0
Total Current Assets 160,897.0 139,646.0 108,194.0 85,595.0 10,817.6 9,382.0 59,067.0 60,080.0 59,766.0 55,140.0
Non-Current Assets
Property, Plant & Equipment 162,488.0 90,961.0 66,671.0 55,362.0 8,263.2 7,593.7 41,891.0 35,247.0 30,179.0 25,545.0
Goodwill 20,064.0 4,464.0 5,092.0 4,346.0 0.0 0.0 0.0 0.0 0.0 0.0
Intangible Assets 91,026.0 55,942.0 46,324.0 38,825.0 3,395.6 876.5 5,145.0 3,325.0 2,714.0 2,158.0
Long-Term Investments 2,677.0 1,663.0 1,343.0 1,441.0 270.9 271.6 1,773.0 1,762.0 2,197.0 2,150.0
Other Non-Current Assets 4,016.0 1,430.0 206.0 267.0 110.8 126.3 0.0 0.0 0.0 0.0
Total Non-Current Assets 304,898.0 174,840.0 133,063.0 108,913.0 13,004.5 9,487.2 51,702.0 42,275.0 37,773.0 36,659.0
Total Assets 465,795.0 314,486.0 241,257.0 194,508.0 23,822.1 18,869.2 110,769.0 102,355.0 97,539.0 91,799.0
Current Liabilities
Account Payables 28,846.0 25,606.0 15,587.0 8,870.0 939.8 955.1 6,756.0 5,610.0 6,011.0 4,927.0
Short-Term Debt 11,775.0 5,304.0 480.0 12,862.0 1,226.1 221.4 515.0 1,694.0 229.0 1,073.0
Deferred Revenue 0.0 0.0 0.0 0.0 0.0 0.0 44,869.0 39,443.0 38,618.0 20,836.0
Other Current Liabilities 165,853.0 38,144.0 103,887.0 73,304.0 8,742.3 7,051.1 40,311.0 29,893.0 32,152.0 26,551.0
Total Current Liabilities 217,528.0 169,655.0 120,940.0 99,516.0 11,551.4 8,860.3 54,164.0 47,056.0 47,436.0 40,873.0
Non-Current Liabilities
Long-Term Debt 84,246.0 15,976.0 20,775.0 9,654.0 0.0 0.0 0.0 0.0 0.0 0.0
Deferred Tax Liabilities 5,426.0 10,162.0 7,061.0 5,271.0 411.3 12.0 118.0 846.0 13.0 6.0
Other Non-Current Liabilities 9,681.0 7,580.0 5,452.0 6,014.0 973.9 893.3 4,648.0 4,638.0 4,821.0 3,951.0
Total Non-Current Liabilities 104,781.0 38,270.0 36,831.0 24,246.0 1,861.4 1,357.4 4,766.0 5,484.0 4,834.0 3,957.0
Total Liabilities 322,309.0 207,925.0 157,771.0 123,762.0 13,412.8 10,217.7 58,930.0 52,540.0 52,270.0 44,830.0
Stockholders' Equity
Common Stock 446.0 451.0 456.0 462.0 77.3 72.1 490.0 500.0 510.0 520.0
Retained Earnings 144,448.0 104,839.0 80,587.0 72,004.0 10,483.1 8,685.1 53,406.0 48,977.0 46,111.0 46,816.0
Accumulated Other Comprehensive Income (1,406.0) 1,276.0 2,449.0 (1,714.0) (149.7) (104.3) (2,046.0) 349.0 (1,343.0) (357.0)
Total Stockholders' Equity 143,486.0 106,561.0 83,486.0 70,746.0 10,409.3 8,651.5 51,839.0 49,815.0 45,269.0 46,969.0
Total Liabilities & Equity 465,795.0 314,486.0 241,257.0 194,508.0 23,822.1 18,869.2 110,769.0 102,355.0 97,539.0 91,799.0
Debt Metrics
Total Debt 102,787.0 27,006.0 25,784.0 26,645.0 1,702.3 673.4 515.0 1,694.0 229.0 1,073.0
Net Debt 87,132.0 12,614.0 13,131.0 15,925.0 (394.7) (1,651.2) (15,123.0) (17,158.0) (18,461.0) (15,850.0)
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income 100,988.0 83,683.0 55,525.0 47,757.0 42,138.0 38,951.0 38,628.0 38,130.0 37,925.0 34,860.0
Depreciation & Amortization 8,545.0 9,413.0 7,362.0 6,025.0 5,753.0 5,661.0 3,925.0 3,182.0 3,193.0 2,959.0
Stock-Based Compensation 2,289.0 2,149.0 1,539.0 1,040.0 823.0 363.0 414.0 292.0 368.0 442.0
Change in Working Capital (11,995.0) (12,245.0) (5,535.0) (8,656.0) (4,353.0) (3,388.0) (3,370.0) (3,634.0) (3,708.0) (2,157.0)
Other Non-Cash Items (5,062.0) 4,917.0 6,459.0 (2,489.0) (3,402.0) (4,407.0) (3,968.0) (7,352.0) 663.0 (6,440.0)
Operating Cash Flow 120,968.0 108,908.0 78,887.0 55,000.0 51,951.0 46,782.0 44,616.0 41,168.0 48,314.0 38,287.0
Investing Activities
Capital Expenditure (51,309.0) (38,896.0) (14,753.0) (7,385.0) (22,081.0) (11,231.0) (12,410.0) (8,648.0) (8,267.0) (6,406.0)
Acquisitions (82,163.0) 0.0 (7,075.0) (18,283.0) (392.0) (100.0) 368.0 1,022.0 1,199.0 2,303.0
Purchases of Investments (19,814.0) (13,289.0) (9,735.0) (7,113.0) 16,256.0 (350.0) (248.0) (40.0) (643.0) (3,542.0)
Sales/Maturities of Investments 24,391.0 8,293.0 6,645.0 1,172.0 12.0 148.0 178.0 2,082.0 2,087.0 1,532.0
Other Investing Activities (4,145.0) (13,090.0) (2,607.0) 4.0 (16,231.0) 24.0 32.0 (987.0) (1,166.0) 15.0
Investing Cash Flow (128,895.0) (43,892.0) (24,918.0) (31,605.0) (22,436.0) (11,509.0) (12,080.0) (6,571.0) (6,790.0) (6,098.0)
Financing Activities
Net Debt Issuance 73,056.0 (1,467.0) (2,408.0) 15,471.0 4,732.0 (741.0) 94.0 0.0 0.0 0.0
Stock Repurchased (20,181.0) (29,924.0) (24,086.0) (19,447.0) (16,855.0) (15,334.0) (15,567.0) (16,845.0) (15,057.0) (17,196.0)
Dividends Paid (44,140.0) (31,767.0) (25,303.0) (21,517.0) (20,121.0) (19,409.0) (19,048.0) (18,844.0) (23,830.0) (12,905.0)
Other Financing Activities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Financing Cash Flow 8,735.0 (63,158.0) (51,797.0) (25,493.0) (32,244.0) (35,484.0) (34,521.0) (35,689.0) (38,887.0) (30,101.0)
Cash Position
Net Change in Cash 1,263.0 1,739.0 1,934.0 (1,507.0) (3,185.0) (218.0) (1,529.0) (1,303.0) 2,611.0 2,174.0
Cash at Beginning 14,392.0 12,653.0 10,719.0 12,226.0 15,411.0 15,629.0 17,158.0 18,461.0 15,850.0 13,676.0
Cash at End 15,655.0 14,392.0 12,653.0 10,719.0 12,226.0 15,411.0 15,629.0 17,158.0 18,461.0 15,850.0
Free Cash Flow 69,659.0 70,012.0 64,134.0 47,615.0 29,870.0 35,551.0 32,206.0 32,520.0 40,047.0 31,881.0
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 290,403.0 232,261.0 176,954.0 140,800.0 126,946.0 122,021.0 111,831.0 111,696.0 111,780.0 107,927.0
Gross Profit 245,881.0 196,496.0 148,506.0 117,142.0 106,014.0 101,933.0 94,214.0 94,064.0 94,597.0 91,739.0
Operating Income 128,339.0 102,574.0 74,809.0 58,644.0 54,126.0 52,483.0 47,248.0 48,967.0 48,432.0 49,444.0
Net Income 100,988.0 83,683.0 55,525.0 47,757.0 42,138.0 38,951.0 38,628.0 38,130.0 37,925.0 34,860.0
EPS (Diluted) 22.63 18.62 12.22 10.37 9.01 8.19 7.97 7.70 7.48 6.76
Balance Sheet
Cash & Equivalents 15,655.0 14,392.0 12,653.0 10,720.0 2,097.0 2,324.6 15,638.0 18,852.0 18,690.0 16,923.0
Total Assets 465,795.0 314,486.0 241,257.0 194,508.0 23,822.1 18,869.2 110,769.0 102,355.0 97,539.0 91,799.0
Total Debt 102,787.0 27,006.0 25,784.0 26,645.0 1,702.3 673.4 515.0 1,694.0 229.0 1,073.0
Stockholders' Equity 143,486.0 106,561.0 83,486.0 70,746.0 10,409.3 8,651.5 51,839.0 49,815.0 45,269.0 46,969.0
Cash Flow
Operating Cash Flow 120,968.0 108,908.0 78,887.0 55,000.0 51,951.0 46,782.0 44,616.0 41,168.0 48,314.0 38,287.0
Capital Expenditure (51,309.0) (38,896.0) (14,753.0) (7,385.0) (22,081.0) (11,231.0) (12,410.0) (8,648.0) (8,267.0) (6,406.0)
Free Cash Flow 69,659.0 70,012.0 64,134.0 47,615.0 29,870.0 35,551.0 32,206.0 32,520.0 40,047.0 31,881.0