Novo Nordisk A S NVO
NYSE NVO
$38.63 +0.48 (+1.26%)
At close: Oct 9, 2026 · 4:00 PM EDT

Novo Nordisk A S (NVO) Operating Margin (2012 - 2018)

Updated

Novo Nordisk A S (NVO) posted Operating Margin of 35.98% for Q4 2018, down 0.32 percentage points from 36.31% a year earlier and down 6.48 percentage points from the prior quarter.

Analysis

Novo Nordisk A S (NVO) Operating Margin (2012 - 2018) Analysis & Trends

For the trailing twelve months through Dec 31, 2018, Operating Margin at Novo Nordisk A S was 42.25%, down 1.59 percentage points year-over-year; for FY2016, it was 43.33%.

  • Annual Operating Margin shows a five-year change of +9.60 percentage points (FY2011 to FY2016).
  • In prior years, Novo Nordisk A S's Operating Margin was 37.68% in FY2013 (-0.09 pp) and 37.77% in FY2012 (+4.05 pp).
  • The Q4 2018 figure stands as the lowest quarterly Operating Margin since Q4 2015.
  • On a year-over-year basis, Operating Margin has declined in each of the last five quarters, with an average year-over-year change of -0.55 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2016, with a gain of 36.21 percentage points; the weakest was Q4 2014, with a drop of 32.27 percentage points.
  • According to Business Quant data, Operating Margin for the three prior quarters was 42.47% (Q3 2018), 44.50% (Q2 2018) and 46.22% (Q1 2018).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2018 35.98%
Sep 30, 2018 42.47%
Jun 30, 2018 44.50%
Mar 31, 2018 46.22%
Dec 31, 2017 36.31%
Sep 30, 2017 45.35%
Jun 30, 2017 46.76%
Mar 31, 2017 47.41%
Dec 31, 2016 37.72%
Sep 30, 2016 45.11%
Jun 30, 2016 45.50%
Mar 31, 2016 45.23%
Dec 31, 2015 1.51%
Sep 30, 2015 44.70%
Jun 30, 2015 46.03%
Mar 31, 2015 54.99%
Dec 31, 2014 1.73%
Sep 30, 2014 38.46%
Jun 30, 2014 40.40%
Mar 31, 2014 39.48%
API Access

Novo Nordisk A S Operating Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-margin&ticker=NVO&period=max&api_key=YOUR_API_KEY