Novo Nordisk A/SNVONYSE
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Operating Expenses Over TimeStrong
Percentile Rank93
3Y CAGR+13.9%
5Y CAGR+16.0%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+13.9%/yr
vs +11.9%/yr prior
5Y CAGR
+16.0%/yr
Consistent
Acceleration
+2.0pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
2.1x
Strong expansion
Streak
1 yr
Consecutive declineStrong
PeriodValueYoY Change
2025$108.94B-7.3%
2024$117.54B+25.1%
2023$93.92B+27.4%
2022$73.70B+26.0%
2021$58.50B+12.7%
2020$51.89B+4.9%
2019$49.45B+5.3%
2018$46.97B+4.1%
2017$45.10B-2.3%
2016$46.16B-