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) Tax Rate (2014 - 2018)

Updated

Novo Nordisk A S (NVO) posted Tax Rate of 18.83% for Q3 2018, down 2.78 percentage points from 21.61% a year earlier but up 1.65 percentage points from the prior quarter.

Analysis

Novo Nordisk A S (NVO) Tax Rate (2014 - 2018) Analysis & Trends

For the trailing twelve months through Sep 30, 2018, Tax Rate at Novo Nordisk A S was 19.71%, down 1.65 percentage points year-over-year; for FY2016, it came in at 20.66%.

  • Annual Tax Rate shows a five-year change of -1.36 percentage points (FY2011 to FY2016).
  • In prior years, Novo Nordisk A S's Tax Rate was 22.60% in FY2013 (-0.33 pp) and 22.94% in FY2012 (+0.92 pp).
  • Quarterly Tax Rate has run from a low of 17.18% in Q2 2018 to a high of 2513.20% in Q4 2014 over five years.
  • On a year-over-year basis, Tax Rate has declined in each of the last three quarters, with an average year-over-year change of -0.39 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2016, with a gain of 3.10 percentage points; the weakest was Q4 2015, with a drop of 2493.28 percentage points.
  • According to Business Quant data, Tax Rate for the three prior quarters was 17.18% (Q2 2018), 21.01% (Q1 2018) and 21.88% (Q4 2017).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2018 18.83%
Jun 30, 2018 17.18%
Mar 31, 2018 21.01%
Dec 31, 2017 21.88%
Sep 30, 2017 21.61%
Jun 30, 2017 21.31%
Mar 31, 2017 21.91%
Dec 31, 2016 20.46%
Sep 30, 2016 20.33%
Jun 30, 2016 20.89%
Mar 31, 2016 20.91%
Dec 31, 2015 19.92%
Sep 30, 2015 17.23%
Jun 30, 2015 20.94%
Mar 31, 2015 20.89%
Dec 31, 2014 2,513.20%
Sep 30, 2014 431.32%
Jun 30, 2014 451.37%
Mar 31, 2014 449.56%
API Access

Novo Nordisk A S Tax Rate 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=tax-rate&ticker=NVO&period=max&api_key=YOUR_API_KEY