What is the current annual CAPEX of NVO?

As of today, NVO annual CAPEX is $13.63B

What is 1-year change in NVO annual CAPEX?

NVO annual CAPEX is up +83.13% year-over-year

What is 3-year change in NVO annual CAPEX?

NVO annual CAPEX is up +553.82% over the past 3 years

How far is NVO annual CAPEX from its all-time high?

NVO annual CAPEX is currently at its all-time high

How does NVO annual CAPEX rank versus sector peers?

NVO annual CAPEX is higher than 100.00% of companies in Healthcare sector

When is NVO next annual earnings release?

The next annual earnings release for NVO is on February 3, 2027

What is the current quarterly CAPEX of NVO?

As of today, NVO quarterly CAPEX is $2.11B

What is NVO quarterly CAPEX most recent change?

NVO quarterly CAPEX was up +5.19% on September 30, 2026

What is 1-year change in NVO quarterly CAPEX?

NVO quarterly CAPEX is down -15.59% year-over-year

How far is NVO quarterly CAPEX from its all-time high?

NVO quarterly CAPEX is currently -68.52% below its historical high of $6.69B set on December 31, 2025

How does NVO quarterly CAPEX rank versus sector peers?

NVO quarterly CAPEX is higher than 99.80% of companies in Healthcare sector

When is NVO next earnings release?

The next earnings release for NVO is on February 3, 2027

What is the current TTM CAPEX of NVO?

As of today, NVO TTM CAPEX is $12.68B

What is NVO TTM CAPEX most recent change?

NVO TTM CAPEX was down -2.98% on September 30, 2026

What is 1-year change in NVO TTM CAPEX?

NVO TTM CAPEX is up +34.47% year-over-year

How far is NVO TTM CAPEX from its all-time high?

NVO TTM CAPEX is currently -7.27% below its historical high of $13.68B set on December 31, 2025

How does NVO TTM CAPEX rank versus sector peers?

NVO TTM CAPEX is higher than 99.90% of companies in Healthcare sector

When is NVO next earnings release?

The next earnings release for NVO is on February 3, 2027

NVO CAPEX History & Chart Since 1980

Annual CAPEX

$13.63B$6.19B+83.13%

December 31, 2025

Summary

Current Value: As of today, NVO annual CAPEX is $13.63B, up +83.13% on December 31, 2025
Historical Performance: NVO annual CAPEX is up +553.82% over the past 3 years, up +303.55% over the past 5 years
All-Time High Comparison: NVO annual CAPEX is currently at its all-time high
3-Year Low Comparison: NVO annual CAPEX is +553.82% above its 3-year low of $2.08B reached on an earlier date
Sector Comparison: NVO annual CAPEX is higher than 100.00% of companies in Healthcare sector

CAPEX Chart

beforeafter

Performance

NVO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual CAPEX	Dec 31, 25	$13.63B	+83.1%	+553.8%	+303.6%	+1867.9%
Quarterly CAPEX	Sep 30, 26	$2.11B	-15.6%	+36.6%	+683.8%	+1529.1%
TTM CAPEX	Sep 30, 26	$12.68B	+34.5%	+208.6%	+350.9%	+1918.2%
Price	Nov 6, 26	$40.31	-13.3%	-60.1%	-28.9%	+268.4%
Annual Cash From Operations	Dec 31, 25	$18.01B	+2.7%	+61.6%	+126.6%	+414.9%
Annual Free Cash Flow	Dec 31, 25	$4.38B	-56.6%	-51.6%	-4.1%	+56.2%
Annual Cash From Investing	Dec 31, 25	-$11.97B	+36.0%	-240.0%	-248.6%	-1105.8%
Annual Total Assets	Dec 31, 25	$85.37B	+32.0%	+146.6%	+258.4%	+672.3%
Annual D&A	Dec 31, 25	$3.32B	+168.2%	+256.4%	+312.0%	+679.8%

CAPEX Highs

NVO Annual CAPEX Highs Comparison
Period	High	Date	Current
3Y	$13.63B	Dec 31, 25	at high
5Y	$13.63B	Dec 31, 25	at high
All	$13.63B	Dec 31, 25	at high

CAPEX Lows

NVO Annual CAPEX Lows Comparison
Period	Low	Date	Current
3Y	$2.08B	N/A	+553.8%
5Y	$1.17B	Dec 31, 21	+1061.0%
All	$35.68M	Dec 1, 80	>+9999.0%

CAPEX History

Year	Value	Change
2025	$13.63B	+83.1%
2024	$7.44B	+31.8%
2023	$5.64B	+170.8%
2022	$2.08B	+77.6%
2021	$1.17B	-65.2%
2020	$3.38B	+100.6%
2019	$1.68B	-14.3%
2018	$1.96B	+49.8%
2017	$1.31B	+6.8%
2016	$1.23B	+29.0%
2015	$952.40M	+34.1%
2014	$709.99M	+9.4%
2013	$648.69M	+3.8%
2012	$625.00M	+0.5%
2011	$621.96M	-10.2%
2010	$692.45M	+22.6%
2009	$564.86M	+46.0%
2008	$386.82M	-13.2%
2007	$445.70M	-20.1%
2006	$558.17M	-19.6%
2005	$693.89M	+20.4%
2004	$576.26M	+51.3%
2003	$380.84M	-24.2%

Year	Value	Change
2002	$502.14M	+6.1%
2001	$473.33M	+61.9%
2000	$292.31M	+5.9%
1999	$275.92M	-13.6%
1998	$319.32M	-17.1%
1997	$385.14M	+20.9%
1996	$318.57M	+19.0%
1995	$267.66M	-2.1%
1994	$273.50M	-25.9%
1993	$368.95M	+13.7%
1992	$324.63M	+54.1%
1991	$210.60M	+11.1%
1990	$189.51M	+64.8%
1989	$115.01M	-0.7%
1988	$115.84M	+0.9%
1987	$114.80M	+18.3%
1986	$97.01M	+50.1%
1985	$64.63M	+5.8%
1984	$61.06M	-0.8%
1983	$61.52M	+3.7%
1982	$59.35M	+39.6%
1981	$42.52M	+19.2%
1980	$35.68M	-

FAQ

What is the current annual CAPEX of NVO?: As of today, NVO annual CAPEX is $13.63B
What is 1-year change in NVO annual CAPEX?: NVO annual CAPEX is up +83.13% year-over-year
What is 3-year change in NVO annual CAPEX?: NVO annual CAPEX is up +553.82% over the past 3 years
How far is NVO annual CAPEX from its all-time high?: NVO annual CAPEX is currently at its all-time high
How does NVO annual CAPEX rank versus sector peers?: NVO annual CAPEX is higher than 100.00% of companies in Healthcare sector
When is NVO next annual earnings release?: The next annual earnings release for NVO is on February 3, 2027

Quarterly CAPEX

$2.11B$103.97M+5.19%

September 30, 2026

Summary

Current Value: As of today, NVO quarterly CAPEX is $2.11B, up +5.19% on September 30, 2026
Historical Performance: NVO quarterly CAPEX is down -15.59% year-over-year, up +36.65% over the past 3 years
All-Time High Comparison: NVO quarterly CAPEX is currently -68.52% below its historical high of $6.69B set on December 31, 2025
3-Year Low Comparison: NVO quarterly CAPEX is +60.58% above its 3-year low of $1.31B reached on March 31, 2024
Sector Comparison: NVO quarterly CAPEX is higher than 99.80% of companies in Healthcare sector

Performance

NVO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly CAPEX	Sep 30, 26	$2.11B	+5.2%	-15.6%	+36.6%	+683.8%
Annual CAPEX	Dec 31, 25	$13.63B	–	+83.1%	+553.8%	+303.6%
TTM CAPEX	Sep 30, 26	$12.68B	-3.0%	+34.5%	+208.6%	+350.9%
Price	Nov 6, 26	$40.31	-12.3%	-13.3%	-60.1%	-28.9%
Quarterly Cash From Operations	Sep 30, 26	$6.39B	-23.6%	-12.7%	+7.5%	+86.3%
Quarterly Free Cash Flow	Sep 30, 26	$4.28B	-32.7%	-11.2%	-2.7%	+35.5%
Quarterly Cash From Investing	Sep 30, 26	-$2.37B	-18.1%	+2.9%	-23.5%	-220.4%
Quarterly Total Assets	Sep 30, 26	$91.04B	+0.0%	+12.9%	+113.7%	+235.5%
Quarterly D&A	Sep 30, 26	$553.71M	-1.1%	-9.0%	+51.2%	+157.8%

Quarterly CAPEX Highs

NVO Quarterly CAPEX Highs Comparison
Period	High	Date	Current
1Y	$6.69B	Dec 31, 25	-68.5%
3Y	$6.69B	Dec 31, 25	-68.5%
5Y	$6.69B	Dec 31, 25	-68.5%
All	$6.69B	Dec 31, 25	-68.5%

Quarterly CAPEX Lows

NVO Quarterly CAPEX Lows Comparison
Period	Low	Date	Current
1Y	$1.89B	Mar 31, 26	+11.7%
3Y	$1.31B	Mar 31, 24	+60.6%
5Y	$268.37M	Mar 31, 22	+684.7%
All	$42.99M	Mar 31, 08	+4798.1%

Quarterly CAPEX History

Month	Value	Change
Sep 2026	$2.11B	+5.2%
Jun 2026	$2.00B	+6.2%
Mar 2026	$1.89B	-71.8%
Dec 2025	$6.69B	+168.2%
Sep 2025	$2.49B	+2.4%
Jun 2025	$2.44B	+18.4%
Mar 2025	$2.06B	-15.8%
Dec 2024	$2.44B	+32.7%
Sep 2024	$1.84B	-3.7%
Jun 2024	$1.91B	+45.9%
Mar 2024	$1.31B	-45.0%
Dec 2023	$2.38B	+54.8%
Sep 2023	$1.54B	+50.3%
Jun 2023	$1.03B	+48.2%
Mar 2023	$692.07M	-18.8%
Dec 2022	$851.89M	+43.7%
Sep 2022	$592.90M	+59.8%
Jun 2022	$371.00M	+38.2%
Mar 2022	$268.37M	-24.8%
Dec 2021	$356.87M	+32.8%
Sep 2021	$268.67M	-12.0%
Jun 2021	$305.41M	+25.8%
Mar 2021	$242.77M	-87.8%
Dec 2020	$2.00B	+115.9%
Sep 2020	$924.56M	+357.9%
Jun 2020	$201.89M	-20.5%
Mar 2020	$254.05M	-42.1%
Dec 2019	$438.60M	+20.1%
Sep 2019	$365.07M	-12.6%
Jun 2019	$417.93M	-9.5%
Mar 2019	$462.03M	-24.9%
Dec 2018	$615.16M	+35.7%
Sep 2018	$453.30M	+11.2%
Jun 2018	$407.64M	-16.5%
Mar 2018	$488.18M	-3.4%
Dec 2017	$505.41M	+63.8%
Sep 2017	$308.61M	+22.5%
Jun 2017	$251.90M	+2.6%
Mar 2017	$245.41M	-39.6%
Dec 2016	$406.12M	+4.6%
Sep 2016	$388.25M	+46.3%
Jun 2016	$265.31M	+57.3%
Mar 2016	$168.62M	-47.1%
Dec 2015	$318.93M	+67.6%
Sep 2015	$190.33M	+11.6%
Jun 2015	$170.47M	+41.7%

Month	Value	Change
Mar 2015	$120.27M	-55.0%
Dec 2014	$267.36M	+38.1%
Sep 2014	$193.60M	+18.5%
Jun 2014	$163.35M	+11.1%
Mar 2014	$147.07M	-6.0%
Dec 2013	$156.46M	-11.9%
Sep 2013	$177.64M	+13.9%
Jun 2013	$155.99M	-1.6%
Mar 2013	$158.60M	-19.5%
Dec 2012	$197.00M	+11.5%
Sep 2012	$176.61M	+15.8%
Jun 2012	$152.49M	+54.2%
Mar 2012	$98.91M	-58.8%
Dec 2011	$239.84M	+85.5%
Sep 2011	$129.27M	-8.5%
Jun 2011	$141.26M	+26.6%
Mar 2011	$111.60M	-54.7%
Dec 2010	$246.33M	+53.2%
Sep 2010	$160.83M	+21.6%
Jun 2010	$132.29M	-13.5%
Mar 2010	$153.00M	-30.6%
Dec 2009	$220.53M	+46.8%
Sep 2009	$150.22M	+50.6%
Jun 2009	$99.75M	+5.7%
Mar 2009	$94.37M	-30.7%
Dec 2008	$136.17M	-2.4%
Sep 2008	$139.46M	+104.5%
Jun 2008	$68.19M	+58.6%
Mar 2008	$42.99M	-70.4%
Dec 2007	$145.02M	+32.8%
Sep 2007	$109.19M	+19.0%
Jun 2007	$91.74M	+17.5%
Mar 2007	$78.07M	-55.2%
Dec 2006	$174.23M	+54.4%
Sep 2006	$112.82M	+7.7%
Jun 2006	$104.71M	+9.2%
Mar 2006	$95.91M	-55.7%
Dec 2005	$216.44M	+18.9%
Sep 2005	$182.10M	+46.8%
Jun 2005	$124.02M	-2.6%
Mar 2005	$127.32M	-36.6%
Dec 2004	$200.97M	+40.2%
Sep 2004	$143.34M	+186.5%
Jun 2004	$50.03M	-58.4%
Mar 2004	$120.16M	-

FAQ

What is the current quarterly CAPEX of NVO?: As of today, NVO quarterly CAPEX is $2.11B
What is NVO quarterly CAPEX most recent change?: NVO quarterly CAPEX was up +5.19% on September 30, 2026
What is 1-year change in NVO quarterly CAPEX?: NVO quarterly CAPEX is down -15.59% year-over-year
How far is NVO quarterly CAPEX from its all-time high?: NVO quarterly CAPEX is currently -68.52% below its historical high of $6.69B set on December 31, 2025
How does NVO quarterly CAPEX rank versus sector peers?: NVO quarterly CAPEX is higher than 99.80% of companies in Healthcare sector
When is NVO next earnings release?: The next earnings release for NVO is on February 3, 2027

TTM CAPEX

$12.68B$389.01M-2.98%

September 30, 2026

Summary

Current Value: As of today, NVO TTM CAPEX is $12.68B, down -2.98% on September 30, 2026
Historical Performance: NVO TTM CAPEX is up +34.47% year-over-year, up +208.56% over the past 3 years
All-Time High Comparison: NVO TTM CAPEX is currently -7.27% below its historical high of $13.68B set on December 31, 2025
3-Year Low Comparison: NVO TTM CAPEX is +208.56% above its 3-year low of $4.11B reached on an earlier date
Sector Comparison: NVO TTM CAPEX is higher than 99.90% of companies in Healthcare sector

Performance

NVO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM CAPEX	Sep 30, 26	$12.68B	-3.0%	+34.5%	+208.6%	+350.9%
Annual CAPEX	Dec 31, 25	$13.63B	–	+83.1%	+553.8%	+303.6%
Quarterly CAPEX	Sep 30, 26	$2.11B	+5.2%	-15.6%	+36.6%	+683.8%
Price	Nov 6, 26	$40.31	-12.3%	-13.3%	-60.1%	-28.9%
TTM Cash From Operations	Sep 30, 26	$19.66B	-4.5%	+5.1%	+28.9%	+107.0%
TTM Free Cash Flow	Sep 30, 26	$6.98B	-7.2%	-24.8%	-37.4%	+4.3%
TTM Cash From Investing	Sep 30, 26	-$12.78B	+0.5%	+32.1%	-107.4%	-239.2%
Quarterly Total Assets	Sep 30, 26	$91.04B	+0.0%	+12.9%	+113.7%	+235.5%
TTM D&A	Sep 30, 26	$2.52B	-2.1%	+172.1%	+129.7%	+222.1%

TTM CAPEX Highs

NVO TTM CAPEX Highs Comparison
Period	High	Date	Current
1Y	$13.68B	Dec 31, 25	-7.3%
3Y	$13.68B	Dec 31, 25	-7.3%
5Y	$13.68B	Dec 31, 25	-7.3%
All	$13.68B	Dec 31, 25	-7.3%

TTM CAPEX Lows

NVO TTM CAPEX Lows Comparison
Period	Low	Date	Current
1Y	$9.43B	N/A	+34.5%
3Y	$4.11B	N/A	+208.6%
5Y	$1.17B	Dec 31, 21	+980.6%
All	$120.16M	Mar 31, 04	>+9999.0%

TTM CAPEX History

Month	Value	Change
Sep 2026	$12.68B	-3.0%
Jun 2026	$13.07B	-3.2%
Mar 2026	$13.51B	-1.3%
Dec 2025	$13.68B	+45.0%
Sep 2025	$9.43B	+7.4%
Jun 2025	$8.78B	+6.3%
Mar 2025	$8.26B	+9.9%
Dec 2024	$7.51B	+0.8%
Sep 2024	$7.45B	+4.2%
Jun 2024	$7.15B	+14.2%
Mar 2024	$6.26B	+11.0%
Dec 2023	$5.64B	+37.3%
Sep 2023	$4.11B	+30.0%
Jun 2023	$3.16B	+26.1%
Mar 2023	$2.51B	+20.3%
Dec 2022	$2.08B	+31.2%
Sep 2022	$1.59B	+25.6%
Jun 2022	$1.26B	+5.5%
Mar 2022	$1.20B	+2.2%
Dec 2021	$1.17B	-58.3%
Sep 2021	$2.81B	-18.9%
Jun 2021	$3.47B	+3.1%
Mar 2021	$3.37B	-0.3%
Dec 2020	$3.38B	+85.6%
Sep 2020	$1.82B	+44.4%
Jun 2020	$1.26B	-14.6%
Mar 2020	$1.48B	-12.4%
Dec 2019	$1.68B	-9.5%
Sep 2019	$1.86B	-4.5%
Jun 2019	$1.95B	+0.5%
Mar 2019	$1.94B	-1.3%
Dec 2018	$1.96B	+5.9%
Sep 2018	$1.85B	+8.5%
Jun 2018	$1.71B	+10.0%
Mar 2018	$1.55B	+18.5%
Dec 2017	$1.31B	+8.2%
Sep 2017	$1.21B	-6.2%
Jun 2017	$1.29B	-1.0%
Mar 2017	$1.31B	+6.3%
Dec 2016	$1.23B	+7.6%
Sep 2016	$1.14B	+21.0%
Jun 2016	$943.19M	+11.2%
Mar 2016	$848.35M	+6.0%
Dec 2015	$800.00M	+6.9%
Sep 2015	$748.43M	-0.4%
Jun 2015	$751.70M	+1.0%

Month	Value	Change
Mar 2015	$744.58M	-3.5%
Dec 2014	$771.38M	+16.8%
Sep 2014	$660.47M	+2.5%
Jun 2014	$644.51M	+1.2%
Mar 2014	$637.16M	-1.8%
Dec 2013	$648.69M	-5.9%
Sep 2013	$689.23M	+0.2%
Jun 2013	$688.20M	+0.5%
Mar 2013	$684.69M	+9.6%
Dec 2012	$625.00M	-6.4%
Sep 2012	$667.84M	+7.6%
Jun 2012	$620.50M	+1.8%
Mar 2012	$609.27M	-2.0%
Dec 2011	$621.96M	-1.0%
Sep 2011	$628.46M	-4.8%
Jun 2011	$660.02M	+1.4%
Mar 2011	$651.05M	-6.0%
Dec 2010	$692.45M	+3.9%
Sep 2010	$666.65M	+1.6%
Jun 2010	$656.04M	+5.2%
Mar 2010	$623.49M	+10.4%
Dec 2009	$564.86M	+17.6%
Sep 2009	$480.51M	+2.3%
Jun 2009	$469.75M	+7.2%
Mar 2009	$438.19M	+13.3%
Dec 2008	$386.82M	-2.2%
Sep 2008	$395.67M	+8.3%
Jun 2008	$365.40M	-6.1%
Mar 2008	$388.95M	-8.3%
Dec 2007	$424.02M	-6.4%
Sep 2007	$453.23M	-0.8%
Jun 2007	$456.85M	-2.8%
Mar 2007	$469.83M	-3.7%
Dec 2006	$487.66M	-8.0%
Sep 2006	$529.88M	-11.6%
Jun 2006	$599.17M	-3.1%
Mar 2006	$618.47M	-4.8%
Dec 2005	$649.89M	+2.4%
Sep 2005	$634.42M	+6.5%
Jun 2005	$595.66M	+14.2%
Mar 2005	$521.67M	+1.4%
Dec 2004	$514.50M	+64.1%
Sep 2004	$313.53M	+84.2%
Jun 2004	$170.19M	+41.6%
Mar 2004	$120.16M	-

FAQ

What is the current TTM CAPEX of NVO?: As of today, NVO TTM CAPEX is $12.68B
What is NVO TTM CAPEX most recent change?: NVO TTM CAPEX was down -2.98% on September 30, 2026
What is 1-year change in NVO TTM CAPEX?: NVO TTM CAPEX is up +34.47% year-over-year
How far is NVO TTM CAPEX from its all-time high?: NVO TTM CAPEX is currently -7.27% below its historical high of $13.68B set on December 31, 2025
How does NVO TTM CAPEX rank versus sector peers?: NVO TTM CAPEX is higher than 99.90% of companies in Healthcare sector
When is NVO next earnings release?: The next earnings release for NVO is on February 3, 2027

Data Sources & References

NVO Official Website www.novonordisk.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/353278/000035327826000012/0000353278-26-000012-index.htm
NVO Profile on Yahoo Finance finance.yahoo.com/quote/NVO
NVO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nvo