Novo Nordisk A S (NVO) Tax Rate (2014 - 2018)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NVO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NVO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();