Novo Nordisk EBITDA Margin 2010-2024 | NVO
- Novo Nordisk average ebitda margin for 2023 was 47.3%, a 1.76% increase from 2022.
- Novo Nordisk average ebitda margin for 2022 was 46.48%, a 0.87% increase from 2021.
- Novo Nordisk average ebitda margin for 2021 was 46.08%, a 3.17% increase from 2020.
Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.