Operating margin · 2015–2025
Novo Nordisk A S operating margin
41.3%−6.5% · FY2025
Novo Nordisk A S (NVO) reported 41.3% in operating margin for fiscal 2025, −6.5% year on year.
| Fiscal year | Operating margin | Change | Filing |
|---|---|---|---|
| FY2025 | 41.3% | −6.5% | Derived |
| FY2024 | 44.2% | +0.1% | Derived |
| FY2023 | 44.2% | +4.5% | Derived |
| FY2022 | 42.3% | +1.5% | Derived |
| FY2021 | 41.7% | −2.3% | Derived |
| FY2020 | 42.6% | −0.9% | Derived |
| FY2019 | 43.0% | +1.8% | Derived |
| FY2018 | 42.2% | −3.6% | Derived |
| FY2017 | 43.8% | +1.2% | Derived |
| FY2016 | 43.3% | −5.4% | Derived |
| FY2015 | 45.8% | — | Derived |
Operating margin — Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth −1.0%
Figures are reported under IFRS in DKK and converted to US dollars at ECB reference rates — fiscal 2025 average 6.605 DKK/$ for income items, year-end 6.357 DKK/$ for balance-sheet items.
Calculated from two reported figures, so it has no single filing of its own.
Operating margin at companies of similar size
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Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
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CompaniesRanked. (September 25, 2026). Novo Nordisk A S operating margin. CompaniesRanked. https://companiesranked.com/en/company/novo-nordisk-a-s/operating-marginBibTeX
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author = {{CompaniesRanked}},
title = {{Novo Nordisk A S operating margin}},
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note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
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