What is the current annual ROE of NVO?

As of today, NVO annual ROE is 82.01%

What is 1-year change in NVO annual ROE?

NVO annual ROE is down -6.21% year-over-year

What is 3-year change in NVO annual ROE?

NVO annual ROE is up +14.67% over the past 3 years

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

NVO annual ROE is currently -6.21% below its historical high of 87.44% set on December 31, 2023

How does NVO annual ROE rank versus sector peers?

NVO annual ROE is higher than 93.20% of companies in Healthcare sector

When is NVO next annual earnings release?

The next annual earnings release for NVO is on February 4, 2026

What is the current quarterly ROE of NVO?

As of today, NVO quarterly ROE is 68.76%

What is NVO quarterly ROE most recent change?

NVO quarterly ROE was down -14.48% on September 30, 2025

What is 1-year change in NVO quarterly ROE?

NVO quarterly ROE is down -22.62% year-over-year

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

NVO quarterly ROE is currently -27.75% below its historical high of 95.17% set on March 31, 2024

How does NVO quarterly ROE rank versus sector peers?

NVO quarterly ROE is higher than 90.79% of companies in Healthcare sector

When is NVO next earnings release?

The next earnings release for NVO is on February 4, 2026

NVO ROE History & Chart Since 1980

Annual ROE

82.01%5.43%-6.21%

December 31, 2024

Summary

Current Value: As of today, NVO annual ROE is 82.01%, down -6.21% on December 31, 2024
Historical Performance: NVO annual ROE is up +14.67% over the past 3 years, and up +16.52% over the past 5 years
All-Time High Comparison: NVO annual ROE is currently -6.21% below its historical high of 87.44% set on December 31, 2023
3-Year Low Comparison: NVO annual ROE is +19.18% above its 3-year low of 68.81% reached on an earlier date
Sector Comparison: NVO annual ROE is higher than 93.20% of companies in Healthcare sector

ROE Chart

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Performance

NVO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual ROE	Dec 31, 24	82.01%	-6.2%	+14.7%	+16.5%	+166.1%
Quarterly ROE	Sep 30, 25	68.76%	-22.6%	-7.4%	-5.5%	+88.1%
Price	Jan 22, 26	$62.04	-23.0%	-12.1%	+70.4%	+456.9%
PE Ratio	Jan 22, 26	18.07	-26.4%	-55.7%	-31.8%	-29.2%
Annual Revenue	Dec 31, 24	$42.12B	+25.0%	+88.2%	+130.2%	+341.6%
Annual Net Income	Dec 31, 24	$14.65B	+20.6%	+93.0%	+150.8%	+628.4%
Annual Shareholders Equity	Dec 31, 24	$19.92B	+26.2%	+84.2%	+130.3%	+189.2%
Annual ROA	Dec 31, 24	26.32%	-12.0%	-7.1%	-19.2%	+27.0%

ROE Highs

NVO Annual ROE Highs Comparison
Period	High	Date	Current
3Y	87.44%	Dec 31, 23	-6.2%
5Y	87.44%	Dec 31, 23	-6.2%
All	87.44%	Dec 31, 23	-6.2%

ROE Lows

NVO Annual ROE Lows Comparison
Period	Low	Date	Current
3Y	68.81%	N/A	+19.2%
5Y	67.61%	N/A	+21.3%
All	9.30%	Dec 31, 87	+781.8%

ROE History

Year	Value	Change
2024	82.01%	-6.2%
2023	87.44%	+27.1%
2022	68.81%	-3.8%
2021	71.52%	+5.8%
2020	67.61%	-3.9%
2019	70.38%	-8.1%
2018	76.55%	-4.3%
2017	79.99%	-5.9%
2016	85.00%	+9.8%
2015	77.44%	+18.4%
2014	65.40%	+9.7%
2013	59.61%	+10.6%
2012	53.91%	+11.5%
2011	48.37%	+28.0%
2010	37.79%	+22.6%
2009	30.82%	+1.5%
2008	30.36%	+12.9%
2007	26.90%	+20.1%
2006	22.39%	+5.5%
2005	21.22%	+15.5%
2004	18.37%	-6.6%
2003	19.67%	+7.0%
2002	18.39%	-13.0%

Year	Value	Change
2001	21.13%	+24.3%
2000	17.00%	+31.6%
1999	12.92%	-1.6%
1998	13.13%	+4.4%
1997	12.58%	+7.2%
1996	11.74%	-0.6%
1995	11.81%	+1.7%
1994	11.61%	-10.0%
1993	12.90%	-0.6%
1992	12.98%	+25.2%
1991	10.37%	-9.2%
1990	11.42%	-2.2%
1989	11.68%	+1.8%
1988	11.47%	+23.3%
1987	9.30%	-11.3%
1986	10.48%	-13.5%
1985	12.12%	-28.6%
1984	16.97%	-26.2%
1983	22.99%	-11.3%
1982	25.91%	+9.8%
1981	23.59%	+20.4%
1980	19.59%	-

FAQ

What is the current annual ROE of NVO?
As of today, NVO annual ROE is 82.01%
What is 1-year change in NVO annual ROE?
NVO annual ROE is down -6.21% year-over-year
What is 3-year change in NVO annual ROE?
NVO annual ROE is up +14.67% over the past 3 years
How far is NVO annual ROE from its all-time high?
NVO annual ROE is currently -6.21% below its historical high of 87.44% set on December 31, 2023
How does NVO annual ROE rank versus sector peers?
NVO annual ROE is higher than 93.20% of companies in Healthcare sector
When is NVO next annual earnings release?
The next annual earnings release for NVO is on February 4, 2026

Quarterly ROE

68.76%11.64%-14.48%

September 30, 2025

Summary

Current Value: As of today, NVO quarterly ROE is 68.76%, down -14.48% on September 30, 2025
Historical Performance: NVO quarterly ROE is down -22.62% year-over-year, and down -7.42% over the past 3 years
All-Time High Comparison: NVO quarterly ROE is currently -27.75% below its historical high of 95.17% set on March 31, 2024
3-Year Low Comparison: NVO quarterly ROE is at its 3-year low
Sector Comparison: NVO quarterly ROE is higher than 90.79% of companies in Healthcare sector

Performance

NVO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly ROE	Sep 30, 25	68.76%	-14.5%	-22.6%	-7.4%	-5.5%
Annual ROE	Dec 31, 24	82.01%	–	-6.2%	+14.7%	+16.5%
Price	Jan 22, 26	$62.04	+16.2%	-23.0%	-12.1%	+70.4%
PE Ratio	Jan 22, 26	18.07	+16.2%	-26.4%	-55.7%	-31.8%
Quarterly Revenue	Sep 30, 25	$11.74B	+0.5%	+11.8%	+90.4%	+141.8%
Quarterly Net Income	Sep 30, 25	$3.13B	-22.3%	-22.1%	+60.7%	+93.7%
Quarterly Shareholders Equity	Sep 30, 25	$26.74B	+1.1%	+48.2%	+164.7%	+185.0%
Quarterly ROA	Sep 30, 25	21.76%	-12.9%	-22.6%	-15.4%	-31.4%

Quarterly ROE Highs

NVO Quarterly ROE Highs Comparison
Period	High	Date	Current
1Y	86.94%	N/A	-20.9%
3Y	95.17%	Mar 31, 24	-27.8%
5Y	95.17%	Mar 31, 24	-27.8%
All	95.17%	Mar 31, 24	-27.8%

Quarterly ROE Lows

NVO Quarterly ROE Lows Comparison
Period	Low	Date	Current
1Y	68.76%	Sep 30, 25	at low
3Y	68.76%	Sep 30, 25	at low
5Y	68.76%	Sep 30, 25	at low
All	7.18%	Mar 31, 00	+857.7%

Quarterly ROE History

Month	Value	Change
Sep 2025	68.76%	-14.5%
Jun 2025	80.40%	-5.4%
Mar 2025	84.99%	-2.2%
Dec 2024	86.94%	-2.2%
Sep 2024	88.86%	-0.9%
Jun 2024	89.63%	-5.8%
Mar 2024	95.17%	+3.3%
Dec 2023	92.15%	+2.3%
Sep 2023	90.04%	+8.8%
Jun 2023	82.74%	+4.5%
Mar 2023	79.17%	+7.4%
Dec 2022	73.71%	-0.8%
Sep 2022	74.27%	+1.1%
Jun 2022	73.49%	-3.1%
Mar 2022	75.85%	+2.2%
Dec 2021	74.22%	-0.4%
Sep 2021	74.53%	+1.6%
Jun 2021	73.33%	+0.5%
Mar 2021	72.93%	+3.2%
Dec 2020	70.69%	-2.9%
Sep 2020	72.77%	-1.4%
Jun 2020	73.84%	-2.7%
Mar 2020	75.87%	+2.7%
Dec 2019	73.89%	-3.3%
Sep 2019	76.40%	+1.8%
Jun 2019	75.06%	-5.5%
Mar 2019	79.47%	-0.6%
Dec 2018	79.98%	-1.4%
Sep 2018	81.08%	-2.0%
Jun 2018	82.77%	-2.2%
Mar 2018	84.63%	+2.9%
Dec 2017	82.21%	-4.4%
Sep 2017	85.96%	-2.1%
Jun 2017	87.76%	-6.0%
Mar 2017	93.38%	+4.5%
Dec 2016	89.37%	+1.0%
Sep 2016	88.52%	+2.8%
Jun 2016	86.09%	-0.5%
Mar 2016	86.50%	+1.0%
Dec 2015	85.62%	+1.0%
Sep 2015	84.81%	+2.8%
Jun 2015	82.48%	+0.2%
Mar 2015	82.30%	+17.8%
Dec 2014	69.89%	+1.5%
Sep 2014	68.89%	-0.5%
Jun 2014	69.21%	-0.4%
Mar 2014	69.52%	+5.9%
Dec 2013	65.66%	-2.8%
Sep 2013	67.52%	-1.2%
Jun 2013	68.32%	+5.3%
Mar 2013	64.90%	+8.9%
Dec 2012	59.59%	+1.6%
Sep 2012	58.64%	+8.2%
Jun 2012	54.22%	+8.0%
Mar 2012	50.19%	+5.0%
Dec 2011	47.78%	+3.5%
Sep 2011	46.18%	+3.3%
Jun 2011	44.71%	+3.1%
Mar 2011	43.35%	+6.0%
Dec 2010	40.89%	+11.8%
Sep 2010	36.56%	+4.7%
Jun 2010	34.93%	+2.9%
Mar 2010	33.95%	+7.8%
Dec 2009	31.48%	-0.2%
Sep 2009	31.53%	+0.1%
Jun 2009	31.51%	+2.2%
Mar 2009	30.82%	+4.1%
Dec 2008	29.60%	+13.8%
Sep 2008	26.01%	+8.6%
Jun 2008	23.94%	-13.3%
Mar 2008	27.60%	+4.2%
Dec 2007	26.49%	-11.3%
Sep 2007	29.87%	+1.2%
Jun 2007	29.52%	+22.3%
Mar 2007	24.13%	+5.6%
Dec 2006	22.86%	+6.1%
Sep 2006	21.54%	-1.1%
Jun 2006	21.79%	-1.1%
Mar 2006	22.04%	-0.2%
Dec 2005	22.08%	-6.5%
Sep 2005	23.62%	+7.8%

Month	Value	Change
Jun 2005	21.91%	+8.0%
Mar 2005	20.29%	+3.7%
Dec 2004	19.56%	-0.4%
Sep 2004	19.64%	+0.4%
Jun 2004	19.57%	-3.0%
Mar 2004	20.18%	-1.4%
Dec 2003	20.47%	+0.5%
Sep 2003	20.37%	-0.0%
Jun 2003	20.38%	+1.7%
Mar 2003	20.03%	+5.0%
Dec 2002	19.07%	+0.1%
Sep 2002	19.06%	-3.3%
Jun 2002	19.71%	-0.2%
Mar 2002	19.75%	-9.1%
Dec 2001	21.73%	+8.2%
Sep 2001	20.08%	+32.7%
Jun 2001	15.13%	+51.5%
Mar 2001	9.99%	-50.4%
Dec 2000	20.16%	+180.8%
Mar 2000	7.18%	-46.9%
Dec 1999	13.53%	+38.3%
Sep 1999	9.78%	-25.5%
Jun 1999	13.12%	+0.5%
Mar 1999	13.05%	-10.5%
Dec 1998	14.58%	+2.2%
Sep 1998	14.26%	+0.8%
Jun 1998	14.14%	+6.6%
Mar 1998	13.27%	-4.7%
Dec 1997	13.93%	+20.1%
Sep 1997	11.60%	+1.8%
Jun 1997	11.39%	+1.8%
Mar 1997	11.19%	-21.0%
Dec 1996	14.16%	+25.2%
Sep 1996	11.31%	+0.5%
Jun 1996	11.25%	-1.0%
Mar 1996	11.36%	-19.5%
Dec 1995	14.11%	+3.1%
Sep 1995	13.69%	+6.2%
Jun 1995	12.89%	+16.1%
Mar 1995	11.10%	-17.5%
Dec 1994	13.46%	+14.1%
Sep 1994	11.80%	+0.9%
Jun 1994	11.70%	-2.0%
Mar 1994	11.94%	-20.5%
Dec 1993	15.02%	+15.3%
Sep 1993	13.03%	+10.1%
Jun 1993	11.84%	-3.1%
Mar 1993	12.22%	-27.8%
Dec 1992	16.92%	+53.1%
Sep 1992	11.05%	0.0%
Jun 1992	11.05%	+12.9%
Mar 1992	9.79%	-27.4%
Dec 1991	13.48%	+14.8%
Sep 1991	11.74%	+6.4%
Jun 1991	11.03%	+1.7%
Mar 1991	10.85%	-22.8%
Dec 1990	14.05%	+17.9%
Sep 1990	11.92%	+4.7%
Jun 1990	11.38%	+11.9%
Mar 1990	10.17%	-26.5%
Dec 1989	13.83%	+9.6%
Sep 1989	12.62%	+7.0%
Jun 1989	11.79%	-11.9%
Mar 1989	13.38%	-10.1%
Dec 1988	14.89%	+27.7%
Sep 1988	11.66%	+2.9%
Jun 1988	11.33%	+24.1%
Mar 1988	9.13%	-25.5%
Dec 1987	12.25%	+1.3%
Sep 1987	12.09%	+0.5%
Jun 1987	12.03%	-2.5%
Mar 1987	12.34%	-5.0%
Dec 1986	12.99%	+19.4%
Sep 1986	10.88%	+3.6%
Jun 1986	10.50%	+3.3%
Mar 1986	10.16%	-2.4%
Dec 1985	10.41%	-33.1%
Sep 1985	15.55%	-3.8%
Jun 1985	16.17%	-2.9%
Mar 1985	16.66%	-1.2%
Dec 1984	16.87%	-

FAQ

What is the current quarterly ROE of NVO?
As of today, NVO quarterly ROE is 68.76%
What is NVO quarterly ROE most recent change?
NVO quarterly ROE was down -14.48% on September 30, 2025
What is 1-year change in NVO quarterly ROE?
NVO quarterly ROE is down -22.62% year-over-year
How far is NVO quarterly ROE from its all-time high?
NVO quarterly ROE is currently -27.75% below its historical high of 95.17% set on March 31, 2024
How does NVO quarterly ROE rank versus sector peers?
NVO quarterly ROE is higher than 90.79% of companies in Healthcare sector
When is NVO next earnings release?
The next earnings release for NVO is on February 4, 2026

ROE Formula

ROE = Net Income

Shareholders Equity × 100%

Data Sources & References

NVO Official Website www.novonordisk.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/353278/000035327825000005/0000353278-25-000005-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/353278/000162828025003920/0001628280-25-003920-index.htm
NVO Profile on Yahoo Finance finance.yahoo.com/quote/NVO
NVO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nvo