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Últimos 20 reportes · 10-K · 10-K/A · 10-Q · 8-K · Fuente: SEC EDGAR
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SEC CIK: 0000353278
A. HISTORY AND DEVELOPMENT OF THE COMPANY Novo Nordisk A/S was formed in 1989 by a merger of two Danish companies, Nordisk Gentofte A/S and Novo Industri A/S. Novo Industri A/S was the continuing company and its name was changed to Novo Nordisk A/S. The business activities of Nordisk Gentofte were established in 1923 by August Krogh, H. C. Hagedorn and A. Kongsted, and the business activities of Novo Industri A/S were established in 1925 by Harald and Thorvald Pedersen. From the beginning, the business of both companies was the production and sale of insulin for the treatment of diabetes. Novo Nordisk’s B shares are listed on Nasdaq Copenhagen (NOVO-B). Its ADRs are listed on the New York Stock Exchange (NVO). Reference is made to ‘More information', on page 131 of our Annual Report 2025 for information on domicile. 4 Important events in 2025 Reference is made to ‘Introducing Novo Nordisk’, pages 3-11 and ‘2025 performance and 2026 outlook’, pages 14-17 of our Annual Report 2025 for a description of important events in 2025.
Ver másPrecio actual · USD
$40.33
Consenso de Analistas
Precio Objetivo — 12 meses
$39.83
Mínimo
-1.2%
$42.14
Mediana
+4.5%
$45.19
Promedio
+12.1%
$61.91
Máximo
+53.5%
ROIC (NOPAT / capital invertido)
35.5%
Margen Neto (continuadas)
33.1%
Current Ratio
0.80x
Debt / Equity Ratio
0.67x
I+D / Ingresos
16.8%
Gross Margin
81.0%
Margen EBIT
43.6%
EBITDA Margin
48.3%
| Métrica | FY 2025 | 2024 | 2023 | 2022 | 🔒Premium | 🔒Premium | 🔒Premium |
|---|---|---|---|---|---|---|---|
| INGRESOS Y MÁRGENES | |||||||
| Ingresos Totales | 309.064B | 290.403B | 232.261B | 176.954B | 🔒 | 🔒 | 🔒 |
| Coste de Ventas | 58.788B | 44.522B | 35.765B | 28.448B | 🔒 | 🔒 | 🔒 |
| Beneficio Bruto | 250.276B | 245.881B | 196.496B | 148.506B | 🔒 | 🔒 | 🔒 |
| I+D Y GASTOS OPERATIVOS | |||||||
| I+D recurrente | 52.039B | 48.062B | 32.443B | 24.047B | 🔒 | 🔒 | 🔒 |
| Amortización de intangibles | — | — | 1.834B | 1.599B | 🔒 | 🔒 | 🔒 |
| Depreciación y Amortización | 14.666B | 8.545B | |||||
| RESULTADO OPERATIVO | |||||||
| EBIT (pretax + intereses) | 134.747B | 128.831B | 105.216B | 69.440B | 🔒 | 🔒 | 🔒 |
| EBITDA | 149.413B | 137.376B | 112.505B | 75.993B | 🔒 | 🔒 | 🔒 |
| Operating Income (publicado) | 127.658B | 128.339B | |||||
| RESULTADO NETO | |||||||
| Resultado antes de impuestos | 130.540B | 127.191B | 104.674B | 69.062B | 🔒 | 🔒 | 🔒 |
| Gastos por intereses | 4.207B | 1.640B | 542.000M | 378.000M | 🔒 | 🔒 | 🔒 |
| Impuesto sobre beneficios | 28.106B | 26.203B | |||||
| CAPITAL CIRCULANTE | |||||||
| Existencias | 49.623B | 40.849B | 31.811B | 24.388B | 🔒 | 🔒 | 🔒 |
| Clientes | 70.856B | 71.949B | 64.770B | 50.560B | 🔒 | 🔒 | 🔒 |
| Proveedores | 19.758B | 17.140B | 25.606B | ||||
| LIQUIDEZ | |||||||
| Efectivo y equivalentes | 26.464B | 15.655B | 14.392B | 12.653B | 🔒 | 🔒 | 🔒 |
| Inversiones a corto plazo | 498.000M | 10.653B | 15.838B | 10.921B | 🔒 | 🔒 | 🔒 |
| Liquidez Total | 26.962B | 26.308B | 30.230B | ||||
| BALANCE — ACTIVOS | |||||||
| Inmovilizado material (neto) | 208.378B | 161.680B | 90.961B | 66.671B | 🔒 | 🔒 | 🔒 |
| Fondo de comercio | 19.845B | 20.017B | — | — | 🔒 | 🔒 | 🔒 |
| Intangibles | 110.208B | 90.804B | 60.406B | ||||
| CAPITAL Y DEUDA | |||||||
| Deuda a largo plazo | 118.941B | 89.674B | 20.528B | 24.318B | 🔒 | 🔒 | 🔒 |
| Deuda a corto plazo | 12.017B | 13.113B | 6.478B | 1.466B | 🔒 | 🔒 | 🔒 |
| Deuda Total | 130.958B | 102.787B | 27.006B | ||||
| FLUJO DE CAJA Y RETRIBUCIÓN AL ACCIONISTA | |||||||
| Flujo de Caja Operativo | 119.102B | 120.968B | 108.908B | 78.887B | 🔒 | 🔒 | 🔒 |
| Capex | 60.140B | 47.164B | 25.806B | ||||
| RATIOS | |||||||
| ROIC (NOPAT / capital invertido) | 35.5% | 46.5% | 81.4% | 65.2% | 🔒 | 🔒 | 🔒 |
| Margen Neto (continuadas) | |||||||
Cifras en miles de millones (B) · Fuente: SEC/EDGAR
| 7.289B |
| 6.553B |
| 🔒 |
| 🔒 |
| 🔒 |
| Stock-Based Compensation | 1.435B | 2.289B | 2.149B | 1.539B | 🔒 | 🔒 | 🔒 |
| 102.574B |
| 74.809B |
| 🔒 |
| 🔒 |
| 🔒 |
| NOPAT (numerador del ROIC) | 105.735B | 102.290B | 84.116B | 55.829B | 🔒 | 🔒 | 🔒 |
| 20.991B |
| 13.537B |
| 🔒 |
| 🔒 |
| 🔒 |
| Beneficio Neto | 102.434B | 100.988B | 83.683B | 55.525B | 🔒 | 🔒 | 🔒 |
| BPA Diluido | 23.03 | 22.63 | 18.62 | 12.22 | 🔒 | 🔒 | 🔒 |
| BPA Básico | 23.06 | 22.67 | 18.67 | 12.26 | 🔒 | 🔒 | 🔒 |
| 15.587B |
| 🔒 |
| 🔒 |
| 🔒 |
| Activo Corriente | 172.453B | 161.788B | 139.646B | 108.194B | 🔒 | 🔒 | 🔒 |
| Pasivo Corriente | 215.661B | 217.614B | 169.655B | 120.940B | 🔒 | 🔒 | 🔒 |
| Capital Circulante | -43.208B | -55.826B | -30.009B | -12.746B | 🔒 | 🔒 | 🔒 |
| 23.574B |
| 🔒 |
| 🔒 |
| 🔒 |
| 50.939B |
| 🔒 |
| 🔒 |
| 🔒 |
| Activo Total | 542.902B | 465.630B | 314.486B | 241.257B | 🔒 | 🔒 | 🔒 |
| Pasivo Total | 348.855B | 322.144B | 207.925B | 157.771B | 🔒 | 🔒 | 🔒 |
| Pasivo por arrendamientos | 8.572B | 6.766B | 5.726B | 4.529B | 🔒 | 🔒 | 🔒 |
| 25.784B |
| 🔒 |
| 🔒 |
| 🔒 |
| Deuda Neta | 103.996B | 76.479B | -3.224B | 2.210B | 🔒 | 🔒 | 🔒 |
| Patrimonio Neto | 194.047B | 143.486B | 106.561B | 83.486B | 🔒 | 🔒 | 🔒 |
| Capital Invertido | 298.043B | 219.965B | 103.337B | 85.696B | 🔒 | 🔒 | 🔒 |
| Acciones en Circulación | 4.444B | 4.441B | 4.458B | 4.500B | 🔒 | 🔒 | 🔒 |
| 12.146B |
| 🔒 |
| 🔒 |
| 🔒 |
| Free Cash Flow | 58.962B | 73.804B | 83.102B | 66.741B | 🔒 | 🔒 | 🔒 |
| FCF por acción | 13.27 | 16.62 | 18.64 | 14.83 | 🔒 | 🔒 | 🔒 |
| Adquisiciones de negocios | 0.00 | 82.163B | 0.00 | 7.075B | 🔒 | 🔒 | 🔒 |
| Dividendos pagados | 51.763B | 44.140B | 31.767B | 25.303B | 🔒 | 🔒 | 🔒 |
| Dividendo por acción | 11.70 | 11.40 | 9.40 | 6.20 | 🔒 | 🔒 | 🔒 |
| Recompras de acciones | 1.388B | 20.181B | 29.924B | 24.086B | 🔒 | 🔒 | 🔒 |
| 33.1% |
| 34.8% |
| 36.0% |
| 31.4% |
| 🔒 |
| 🔒 |
| 🔒 |
| Current Ratio | 0.80x | 0.74x | 0.82x | 0.89x | 🔒 | 🔒 | 🔒 |
| Debt / Equity Ratio | 0.67x | 0.72x | 0.25x | 0.31x | 🔒 | 🔒 | 🔒 |
| I+D / Ingresos | 16.8% | 16.6% | 14.0% | 13.6% | 🔒 | 🔒 | 🔒 |
| Gross Margin | 81.0% | 84.7% | 84.6% | 83.9% | 🔒 | 🔒 | 🔒 |
| Margen EBIT | 43.6% | 44.4% | 45.3% | 39.2% | 🔒 | 🔒 | 🔒 |
| EBITDA Margin | 48.3% | 47.3% | 48.4% | 43.0% | 🔒 | 🔒 | 🔒 |
| Operating Margin (publicado) | 41.3% | 44.2% | 44.2% | 42.3% | 🔒 | 🔒 | 🔒 |
| FCF Margin | 19.1% | 25.4% | 35.8% | 37.7% | 🔒 | 🔒 | 🔒 |
| Crecimiento Ingresos | 6.4% | 25.0% | 31.3% | 25.7% | 🔒 | 🔒 | 🔒 |
| Amort. intangibles / Ingresos | — | — | 0.8% | 0.9% | 🔒 | 🔒 | 🔒 |
| SBC / Ingresos | 0.5% | 0.8% | 0.9% | 0.9% | 🔒 | 🔒 | 🔒 |
| Capex / Ingresos | 19.5% | 16.2% | 11.1% | 6.9% | 🔒 | 🔒 | 🔒 |
| ROE (beneficio total) | 60.7% | 80.8% | 88.1% | 72.0% | 🔒 | 🔒 | 🔒 |
| ROA (beneficio total) | 20.3% | 25.9% | 30.1% | 25.5% | 🔒 | 🔒 | 🔒 |
| Effective Tax Rate | 21.5% | 20.6% | 20.1% | 19.6% | 🔒 | 🔒 | 🔒 |
| Quick Ratio | 0.45x | 0.45x | 0.56x | 0.61x | 🔒 | 🔒 | 🔒 |
| Net Debt / EBITDA | 0.70x | 0.56x | — | 0.03x | 🔒 | 🔒 | 🔒 |
| Interest Coverage | 32.03x | 78.56x | 194.13x | 183.70x | 🔒 | 🔒 | 🔒 |
| Coste medio de la deuda | 3.2% | 1.6% | 2.0% | 1.5% | 🔒 | 🔒 | 🔒 |
| Deuda / Total Activos | 24.1% | 22.1% | 8.6% | 10.7% | 🔒 | 🔒 | 🔒 |
| Fondo de comercio + intangibles / Activo | 24.0% | 23.8% | — | — | 🔒 | 🔒 | 🔒 |
| Días de inventario | 308.1 d | 334.9 d | 324.6 d | 312.9 d | 🔒 | 🔒 | 🔒 |
| Días de cobro (DSO) | 83.7 d | 90.4 d | 101.8 d | 104.3 d | 🔒 | 🔒 | 🔒 |
| Días de pago (DPO) | 122.7 d | 140.5 d | 261.3 d | 200.0 d | 🔒 | 🔒 | 🔒 |
| Ciclo de conversión de caja | 269.1 d | 284.8 d | 165.1 d | 217.2 d | 🔒 | 🔒 | 🔒 |
| Payout (BPA con discont.) | 50.8% | 50.4% | 50.5% | 50.7% | 🔒 | 🔒 | 🔒 |
| Payout sobre FCF | 87.8% | 59.8% | 38.2% | 37.9% | 🔒 | 🔒 | 🔒 |
| Retorno al accionista / FCF | 90.1% | 87.2% | 74.2% | 74.0% | 🔒 | 🔒 | 🔒 |