Novo Nordisk (NVO) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % 72.8% 83.5% 61.1% 47.1% 18.5%   17.1%  
Changes by years, y/y, % +22pp +11pp -22pp -14pp -29pp     +57%

Novo Nordisk. FCF conversion, %

Novo Nordisk. FCF conversion, changes, pp

Novo Nordisk (NVO) FCF conversion US GAAP (quarter values)

FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2   LTM ?
FCF conversion, % 56.2% 92.2% -91.1% 17.4% 109.6%   17.1%
Changes by years, y/y, % -48pp +8pp -82pp -4pp +53pp    
Changes by quarters, q/q, % +34pp +36pp -183pp +109pp +92pp    

Novo Nordisk. FCF conversion, %

Novo Nordisk. FCF conversion, changes, pp

Novo Nordisk. FCF conversion, changes, pp