Novo Nordisk Cost of Goods Sold 2010-2024 | NVO

Novo Nordisk annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Novo Nordisk cost of goods sold for the quarter ending September 30, 2024 was $1.667B, a 17.54% increase year-over-year.
  • Novo Nordisk cost of goods sold for the twelve months ending September 30, 2024 was $6.041B, a 23.59% increase year-over-year.
  • Novo Nordisk annual cost of goods sold for 2023 was $5.193B, a 28.92% increase from 2022.
  • Novo Nordisk annual cost of goods sold for 2022 was $4.028B, a 7.02% increase from 2021.
  • Novo Nordisk annual cost of goods sold for 2021 was $3.764B, a 17.38% increase from 2020.
Novo Nordisk Annual Cost of Goods Sold
(Millions of US $)
2023 $5,193
2022 $4,028
2021 $3,764
2020 $3,207
2019 $3,011
2018 $2,694
2017 $2,678
2016 $2,553
2015 $2,409
2014 $2,596
2013 $2,518
2012 $2,327
2011 $2,353
2010 $2,083
2009 $1,955
Novo Nordisk Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $1,667
2024-06-30 $1,483
2024-03-31 $1,444
2023-12-31 $1,448
2023-09-30 $1,418
2023-06-30 $1,148
2023-03-31 $1,179
2022-12-31 $1,143
2022-09-30 $974
2022-06-30 $868
2022-03-31 $1,043
2021-12-31 $962
2021-09-30 $961
2021-06-30 $899
2021-03-31 $942
2020-12-31 $897
2020-09-30 $809
2020-06-30 $705
2020-03-31 $796
2019-12-31 $805
2019-09-30 $756
2019-06-30 $730
2019-03-31 $720
2018-12-31 $615
2018-09-30 $689
2018-06-30 $697
2018-03-31 $693
2017-12-31 $742
2017-09-30 $675
2017-06-30 $652
2017-03-31 $610
2016-12-31 $715
2016-09-30 $598
2016-06-30 $614
2016-03-31 $626
2015-12-31 $676
2015-09-30 $574
2015-06-30 $572
2015-03-31 $587
2014-12-31 $675
2014-09-30 $610
2014-06-30 $675
2014-03-31 $637
2013-12-31 $621
2013-09-30 $626
2013-06-30 $632
2013-03-31 $639
2012-12-31 $549
2012-09-30 $586
2012-06-30 $592
2012-03-31 $600
2011-12-31 $565
2011-09-30 $618
2011-06-30 $598
2011-03-31 $572
2010-12-31 $567
2010-09-30 $508
2010-06-30 $508
2010-03-31 $500
2009-12-31 $523
2009-09-30 $516
2009-06-30 $477
2009-03-31 $439
Sector Industry Market Cap Revenue
Medical Large Cap Pharmaceutical $460.555B $33.708B
Bagsv?rd, Denmark-based Novo Nordisk is a global healthcare company and a leader in the worldwide diabetes market. The company is also a key player in hemophilia care, growth hormone therapy, hormone replacement therapy and obesity.Novo Nordisk operates through two segments: Diabetes and obesity care and Biopharmaceuticals. While the Diabetes and obesity care segment covers insulins, glucagon-like peptide 1 (GLP-1), other protein-related products, obesity and oral anti-diabetic drugs, the Biopharmaceuticals segment includes hemophilia, growth hormone therapy and hormone replacement therapy.Novo Nordisk's most well-known drugs include Levemir, NovoRapid, Victoza, Ozempic, NovoMix, NovoSeven, NovoThirteen, Ryzodeg, Xultophy, Saxenda, Rybelsus, Esperoct, Sogroya and Norditropin, among several others. The company launched its first product for weight management, Saxenda, in the United States in 2015.In August 2018, Novo Nordisk announced that it has acquired all of the shares of Ziylo Ltd.
Stock Name Country Market Cap PE Ratio
Eli Lilly (LLY) United States $692.744B 71.75
Johnson & Johnson (JNJ) United States $368.366B 14.94
AbbVie (ABBV) United States $294.353B 15.49
Merck (MRK) United States $244.211B 16.23
Novartis AG (NVS) Switzerland $211.084B 14.03
AstraZeneca (AZN) United Kingdom $197.819B 16.83
Pfizer (PFE) United States $142.241B 9.73
Sanofi (SNY) $121.816B 11.03
Innoviva (INVA) United States $1.195B 9.94