Novo Nordisk A S Capital Expenditures (CapEx) Growth & History (NVO)

Novo Nordisk A S's capital expenditures (capex) was kr60.14B for fiscal 2025.

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Novo Nordisk A S annual capital expenditures (capex) history

Novo Nordisk A S annual capital expenditures (capex)

Fiscal yearPeriod endedCapital expenditures (CapEx)ChangeGrowth
20252025-12-31kr60.14Bkr12.98B+27.51%
20242024-12-31kr47.16Bkr21.36B+82.76%
20232023-12-31kr25.81Bkr13.66B+112.47%
20222022-12-31kr12.15Bkr5.81B+91.73%
20212021-12-31kr6.33Bkr510.0M+8.76%
20202020-12-31kr5.83B−kr3.11B−34.79%
20192019-12-31kr8.93B

Novo Nordisk A S capital expenditures (capex) trends

Over the last five fiscal years, Novo Nordisk A S's capital expenditures (capex) increased from kr5.83B to kr60.14B, a change of kr54.31B. The latest reported quarter, Q2 2026, shows kr12.68B.

About the metric

What capital expenditures (CapEx) mean

Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.

Calculation and source

SEC-reported capital expenditures

TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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