Eli Lilly vs Novo Nordisk: financial comparison

Compare Eli Lilly and Novo Nordisk side by side: valuation, margins, growth, cash and dividends, with the quarterly history of both. Yahoo Finance data, free and no sign-up.

LLY

Eli Lilly

LLY

1.16 K USD

See the Eli Lilly breakdown →
NVO

Novo Nordisk

NVO

38.45 DKK

See the Novo Nordisk breakdown →

Eli Lilly vs Novo Nordisk: key metrics

Eli LillyUSDNovo NordiskDKK
Valuation
Market cap1.03 T USD169.80 B DKK
P/E (TTM)38.729.64
Forward P/E24.4011.37
Price / Sales12.930.52
EV / EBITDA26.111.55
Price / Book30.404.98
Margins & growth
Profit margin+33.53%+35.35%
Operating margin+54.22%+42.54%
Quarterly revenue (YoY)—+2.12%
Quarterly earnings (YoY)—-20.81%
Cash flow
FCF yield+1.07%+29.32%
Stock-based compensation——
Balance
Cash8.95 B USD44.98 B DKK
Debt54.91 B USD140.13 B DKK
Net position-45.96 B USD-95.14 B DKK
Dividend
Dividend yield+0.59%+4.56%
Payout ratio+21.69%+44.46%

Each column shows figures in that company's reporting currency (shown in the header); they are not converted. Ratios and percentages are currency-independent.

Price, rebased to 100

Eli Lilly499Novo Nordisk76
20040020212026

P/E (TTM)

Eli Lilly38.8×Novo Nordisk9.6×
05010020212026

Both curves start at 100 on the same day, so this compares returns rather than prices. Each week's P/E is the price divided by the earnings per share already reported by that date; loss-making weeks are not drawn.

What analysts expect

Consensus revenue and earnings per share for the periods not yet reported.

Revenue forecast · Eli Lilly

ReportedEstimate
010B20BQ3 25: 17.60 B USDQ3 25Q4 25: 19.29 B USDQ4 25Q1 26: 19.80 B USDQ1 26Q2 26: 22.97 B USDQ2 26Q3 26 · Estimate: 22.33 B USD (21.38 B USD – 24.04 B USD)Q3 26Q4 26 · Estimate: 23.32 B USD (22.06 B USD – 24.84 B USD)Q4 26USD

Consensus of 15 analysts for Q3 26 · +26.87% year on year

Revenue forecast · Novo Nordisk

ReportedEstimate
025B50B75BQ3 25: 74.98 B DKKQ3 25Q4 25: 79.14 B DKKQ4 25Q1 26: 96.82 B DKKQ1 26Q2 26: 78.49 B DKKQ2 26Q3 26 · Estimate: 72.89 B DKK (71.08 B DKK – 75.69 B DKK)Q3 26Q4 26 · Estimate: 74.09 B DKK (71.86 B DKK – 75.99 B DKK)Q4 26DKK

Consensus of 10 analysts for Q3 26 · -2.78% year on year

EPS forecast · Eli Lilly

ReportedEstimate
0510Q3 25: 7.02 · expected 5.89 (+19.15%)Q3 25Q4 25: 7.54 · expected 6.91 (+9.14%)Q4 25Q1 26: 8.55 · expected 6.79 (+25.9%)Q1 26Q2 26: 8.38 · expected 6.58 (+27.27%)Q2 26Q3 26 · Estimate: 9.93 (9.23 – 11.31)Q3 26Q4 26 · Estimate: 10.05 (9.15 – 11.64)Q4 26

Consensus of 17 analysts for Q3 26 · +41.48% year on year · adjusted earnings

EPS forecast · Novo Nordisk

ReportedEstimate
0246Q3 25: 4.50 · expected 4.24 (+6.05%)Q3 25Q4 25: 6.04 · expected 5.90 (+2.34%)Q4 25Q1 26: 6.63 · expected 6.96 (-4.75%)Q1 26Q2 26: 6.18 · expected 4.98 (+24.01%)Q2 26Q3 26 · Estimate: 0.77 (0.72 – 0.82)Q3 26Q4 26 · Estimate: 0.68 (0.61 – 0.79)Q4 26

Consensus of 4 analysts for Q3 26 · +11.21% year on year · adjusted earnings

Analyst consensus from Yahoo Finance. The dashed bar is the average and the whisker runs from the lowest analyst to the highest. On periods already reported, the green or red line marks what had been expected: below the bar means the company beat it. EPS is measured on an adjusted basis, which is what analysts forecast against and is not the accounting profit in the statements.

Compared over time

Revenue

Eli LillyNovo Nordisk
010B20BQ1 22 · Eli Lilly: 7.81 B USDQ1 22Q2 22 · Eli Lilly: 6.49 B USDQ3 22 · Eli Lilly: 6.94 B USDQ4 22 · Eli Lilly: 7.30 B USDQ4 22Q1 23 · Eli Lilly: 6.96 B USDQ2 23 · Eli Lilly: 8.31 B USDQ3 23 · Eli Lilly: 9.50 B USDQ3 23Q4 23 · Eli Lilly: 9.35 B USDQ1 24 · Eli Lilly: 8.77 B USDQ2 24 · Eli Lilly: 11.30 B USDQ2 24Q3 24 · Eli Lilly: 11.44 B USDQ2 25 · Eli Lilly: 15.56 B USDQ2 25 · Novo Nordisk: 11.71 B USDQ3 25 · Eli Lilly: 17.60 B USDQ3 25 · Novo Nordisk: 11.43 B USDQ3 25Q4 25 · Eli Lilly: 19.29 B USDQ4 25 · Novo Nordisk: 12.06 B USDQ1 26 · Eli Lilly: 19.80 B USDQ1 26 · Novo Nordisk: 14.75 B USDQ2 26 · Eli Lilly: 22.97 B USDQ2 26 · Novo Nordisk: 11.96 B USDQ2 26USD

Net income

Eli LillyNovo Nordisk
02B4B6BQ1 22 · Eli Lilly: 1.90 B USDQ1 22Q2 22 · Eli Lilly: 952.50 M USDQ3 22 · Eli Lilly: 1.45 B USDQ4 22 · Eli Lilly: 1.94 B USDQ4 22Q1 23 · Eli Lilly: 1.34 B USDQ2 23 · Eli Lilly: 1.76 B USDQ3 23 · Eli Lilly: -57.40 M USDQ3 23Q4 23 · Eli Lilly: 2.19 B USDQ1 24 · Eli Lilly: 2.24 B USDQ2 24 · Eli Lilly: 2.97 B USDQ2 24Q3 24 · Eli Lilly: 970.30 M USDQ2 25 · Eli Lilly: 5.66 B USDQ2 25 · Novo Nordisk: 4.04 B USDQ3 25 · Eli Lilly: 5.58 B USDQ3 25 · Novo Nordisk: 3.05 B USDQ3 25Q4 25 · Eli Lilly: 6.64 B USDQ4 25 · Novo Nordisk: 4.10 B USDQ1 26 · Eli Lilly: 7.40 B USDQ1 26 · Novo Nordisk: 7.40 B USDQ2 26 · Eli Lilly: 7.10 B USDQ2 26 · Novo Nordisk: 3.20 B USDQ2 26USD

Free cash flow

Eli LillyNovo Nordisk
-5B05BQ4 20 · Eli Lilly: 1.36 B USDQ4 20Q1 21 · Eli Lilly: 1.40 B USDQ2 21 · Eli Lilly: 1.39 B USDQ3 21 · Eli Lilly: 1.29 B USDQ3 21Q4 21 · Eli Lilly: 1.97 B USDQ1 22 · Eli Lilly: 2.16 B USDQ2 22 · Eli Lilly: 812.30 M USDQ2 22Q3 22 · Eli Lilly: 1.60 B USDQ4 22 · Eli Lilly: 1.16 B USDQ1 23 · Eli Lilly: 1.06 B USDQ1 23Q1 24 · Eli Lilly: 179.70 M USDQ2 25 · Eli Lilly: 1.28 B USDQ2 25 · Novo Nordisk: 3.89 B USDQ3 25 · Eli Lilly: 6.03 B USDQ3 25 · Novo Nordisk: 4.51 B USDQ3 25Q4 25 · Eli Lilly: 254.20 M USDQ4 25 · Novo Nordisk: -5.52 B USDQ1 26 · Eli Lilly: 2.80 B USDQ1 26 · Novo Nordisk: 1.84 B USDQ2 26 · Eli Lilly: 4.48 B USDQ2 26 · Novo Nordisk: 6.46 B USDQ2 26USD

EPS

Eli LillyNovo Nordisk
02.557.5Q1 22 · Eli Lilly: 2.10Q1 22Q2 22 · Eli Lilly: 1.05Q3 22 · Eli Lilly: 1.61Q4 22 · Eli Lilly: 2.14Q4 22Q1 23 · Eli Lilly: 1.49Q2 23 · Eli Lilly: 1.95Q3 23 · Eli Lilly: -0.06Q3 23Q4 23 · Eli Lilly: 2.42Q1 24 · Eli Lilly: 2.48Q2 24 · Eli Lilly: 3.28Q2 24Q3 24 · Eli Lilly: 1.07Q2 25 · Eli Lilly: 6.29Q2 25 · Novo Nordisk: 0.91Q3 25 · Eli Lilly: 6.21Q3 25 · Novo Nordisk: 0.69Q3 25Q4 25 · Eli Lilly: 7.39Q4 25 · Novo Nordisk: 0.92Q1 26 · Eli Lilly: 8.26Q1 26 · Novo Nordisk: 1.66Q2 26 · Eli Lilly: 7.94Q2 26 · Novo Nordisk: 0.72Q2 26

EBITDA

Eli LillyNovo Nordisk
05B10BQ1 22 · Eli Lilly: 2.57 B USDQ1 22Q2 22 · Eli Lilly: 1.52 B USDQ3 22 · Eli Lilly: 2.01 B USDQ4 22 · Eli Lilly: 2.56 B USDQ4 22Q1 23 · Eli Lilly: 1.99 B USDQ2 23 · Eli Lilly: 2.58 B USDQ3 23 · Eli Lilly: 962.80 M USDQ3 23Q4 23 · Eli Lilly: 3.03 B USDQ1 24 · Eli Lilly: 3.12 B USDQ2 24 · Eli Lilly: 4.12 B USDQ2 24Q3 24 · Eli Lilly: 2.25 B USDQ2 25 · Eli Lilly: 7.50 B USDQ2 25 · Novo Nordisk: 6.64 B USDQ3 25 · Eli Lilly: 7.88 B USDQ3 25 · Novo Nordisk: 4.79 B USDQ3 25Q4 25 · Eli Lilly: 12.14 B USDQ4 25 · Novo Nordisk: 4.84 B USDQ1 26 · Eli Lilly: 10.29 B USDQ1 26 · Novo Nordisk: 10.55 B USDQ2 26 · Eli Lilly: 12.99 B USDQ2 26 · Novo Nordisk: 4.32 B USDQ2 26USD

Novo Nordisk's figures were converted from DKK to USD at the current rate (0.1524) so both fit one axis.

Source: Yahoo Finance. Quarterly history grows automatically over time as new quarters are published.

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