Novo Nordisk Revenue Y/Y

What is the Revenue Y/Y of Novo Nordisk?

The Revenue Y/Y of Novo Nordisk is 24.21%

What is the definition of Revenue Y/Y?

Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.

= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters

The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.

Revenue Y/Y of companies in the Health Care sector on NYSE compared to Novo Nordisk

What does Novo Nordisk do?

Novo Nordisk A/S is a Danish multinational pharmaceutical company headquartered in Bagsværd, Denmark, with production facilities in nine countries and affiliates or offices in five countries.

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