Novo Nordisk A/S (NVO)
Top 100 by market cap · Health Care · data since 1981-04-30 · last close 2026-09-09
Novo Nordisk A/S (NVO) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 16.8 | -37.0 | 1.7 | 14.9 | 8.0 | 5.2 | -3.0 | -2.5 | -1.7 | · | · | · |
| 2025 | -1.8 | 7.3 | -22.2 | -4.3 | 7.6 | -3.5 | -31.8 | 21.3 | -1.7 | -10.9 | -0.2 | 3.1 |
| 2024 | 10.9 | 4.4 | 8.0 | -0.1 | 5.4 | 5.5 | -7.1 | 5.3 | -14.4 | -6.0 | -4.6 | -19.5 |
| 2023 | 2.5 | 1.6 | 13.8 | 5.0 | -4.0 | 0.8 | -0.5 | 15.8 | -2.0 | 6.2 | 5.5 | 1.6 |
| 2022 | -10.8 | 3.1 | 8.9 | 2.7 | -3.2 | 0.9 | 4.2 | -8.1 | -6.1 | 9.2 | 14.5 | 8.6 |
| 2021 | -0.4 | 2.4 | -4.0 | 9.7 | 6.7 | 6.2 | 10.5 | 8.6 | -4.0 | 14.7 | -3.0 | 4.8 |
| 2020 | 5.1 | -4.4 | 5.0 | 5.2 | 4.1 | -0.7 | -0.2 | 1.9 | 5.1 | -8.0 | 5.1 | 4.0 |
| 2019 | 2.1 | 4.1 | 8.5 | -6.3 | -3.7 | 8.1 | -6.1 | 9.7 | -0.8 | 6.8 | 1.7 | 3.1 |
| 2018 | 3.4 | -7.2 | -3.0 | -4.7 | 1.3 | -3.0 | 7.9 | -0.2 | -4.1 | -8.4 | 8.0 | -1.2 |
| 2017 | 0.9 | -2.3 | -1.0 | 12.8 | 9.5 | 1.2 | -1.1 | 13.5 | 1.1 | 3.4 | 4.0 | 3.7 |
| 2016 | -3.8 | -8.0 | 7.3 | 3.0 | 0.5 | -4.0 | 5.9 | -17.2 | -11.0 | -14.6 | -5.5 | 6.7 |
| 2015 | 5.3 | 7.2 | 13.6 | 5.4 | 0.4 | -3.0 | 7.7 | -6.3 | -1.9 | -1.9 | 3.4 | 5.7 |
| 2014 | 7.4 | 19.8 | -2.2 | -0.6 | -6.8 | 9.3 | -0.3 | -0.2 | 3.6 | -5.1 | 0.6 | -6.9 |
| 2013 | 12.9 | -5.1 | -5.9 | 9.4 | -8.8 | -3.8 | 9.0 | -1.2 | 1.4 | -1.5 | 7.2 | 3.4 |
| 2012 | 3.4 | 17.8 | 0.6 | 6.0 | -9.0 | 8.6 | 6.3 | 1.7 | 0.5 | 1.6 | -1.0 | 2.9 |
| 2011 | 0.5 | 12.0 | 0.3 | 1.7 | -1.1 | -0.6 | -2.6 | -12.6 | -6.7 | 6.8 | 6.8 | 1.5 |
| 2010 | 5.6 | 5.5 | 10.4 | 6.5 | -6.4 | 5.5 | 6.2 | -0.5 | 15.0 | 6.5 | -5.1 | 13.2 |
| 2009 | 3.4 | -8.9 | 1.3 | -1.0 | 9.6 | 4.6 | 7.2 | 4.5 | 3.2 | -1.3 | 7.3 | -4.3 |
| 2008 | -3.3 | 9.0 | 2.6 | -0.8 | -4.9 | 1.1 | -3.8 | -12.5 | -7.8 | 4.5 | -4.5 | 0.6 |
| 2007 | 2.6 | -0.4 | 7.4 | 8.7 | 6.9 | 3.2 | -3.4 | 6.6 | 8.3 | 3.0 | 2.2 | 1.8 |
| 2006 | -0.8 | 5.5 | 7.3 | 3.6 | -3.4 | 2.3 | -3.3 | 20.0 | 1.0 | 0.9 | 3.0 | 8.0 |
| 2005 | -1.5 | 4.9 | 1.1 | -8.9 | 1.5 | -1.2 | 1.8 | -0.1 | -4.3 | 4.0 | 4.1 | 4.9 |
| 2004 | -2.3 | 17.0 | 0.8 | 3.3 | -3.8 | 12.6 | -1.6 | 4.8 | 2.2 | -8.8 | 6.2 | 2.3 |
| 2003 | -5.0 | 3.2 | 18.2 | 10.1 | -1.5 | -3.0 | -3.4 | 6.7 | 3.2 | -3.3 | 7.7 | 6.7 |
| 2002 | -10.8 | 9.2 | 2.4 | -26.3 | 9.7 | 2.8 | -27.8 | 27.2 | -10.6 | 2.2 | 9.8 | -4.7 |
| 2001 | 12.8 | -0.3 | 0.7 | -0.1 | 3.1 | 9.9 | 0.7 | -8.2 | 1.0 | -4.8 | -2.9 | 3.2 |
| 2000 | -4.2 | 2.2 | 9.3 | -0.9 | 20.9 | 2.8 | 13.8 | 5.6 | 9.4 | -4.3 | -9.4 | -7.6 |
| 1999 | -7.1 | -7.5 | -3.8 | -8.6 | 4.4 | 2.9 | 3.7 | 5.0 | 2.6 | -0.4 | 10.5 | -1.7 |
| 1998 | -0.5 | 3.9 | 12.6 | -3.1 | -2.9 | -12.3 | -4.1 | 1.4 | -10.7 | -2.8 | -0.5 | 15.2 |
| 1997 | -0.3 | 3.2 | 4.9 | 0.8 | 8.4 | 0.0 | -3.2 | -4.0 | 8.9 | -2.4 | 13.3 | 17.4 |
| 1996 | -5.1 | 5.4 | -6.6 | 2.9 | 6.4 | 3.3 | 1.4 | 6.2 | 2.6 | 5.4 | 10.8 | 1.4 |
| 1995 | -3.2 | 9.2 | -3.0 | 8.6 | 1.9 | 0.5 | 8.4 | -2.1 | 7.0 | 5.7 | -3.9 | 10.5 |
| 1994 | 7.1 | -1.4 | 0.5 | 3.0 | -5.1 | 2.5 | 4.3 | -14.8 | 2.7 | -2.1 | -2.7 | 5.0 |
| 1993 | 6.6 | -2.3 | -4.5 | 4.3 | -1.5 | -4.7 | -5.8 | 1.9 | 7.6 | 6.3 | -0.9 | 5.9 |
| 1992 | -4.0 | -4.5 | -0.5 | 1.5 | 11.6 | -2.3 | 1.0 | 3.5 | 0.1 | -6.8 | 1.6 | 0.0 |
| 1991 | 5.8 | 0.8 | -5.5 | 4.2 | 1.7 | 1.3 | 4.8 | 2.5 | 5.4 | -0.2 | 7.4 | 10.0 |
| 1990 | -0.8 | -0.3 | -3.3 | -6.5 | 6.5 | 5.0 | 9.3 | -1.4 | -4.5 | 7.6 | 7.3 | 5.9 |
| 1989 | 8.1 | 0.3 | 0.3 | 2.3 | -2.6 | 12.9 | 10.7 | -15.2 | 0.3 | -4.8 | 8.3 | 10.2 |
| 1988 | 9.9 | 11.2 | 7.2 | 3.2 | 0.4 | 18.4 | 1.1 | 2.9 | 12.1 | 1.6 | -1.3 | -1.9 |
| 1987 | 10.3 | 2.8 | 3.0 | -2.2 | -2.7 | 9.3 | -1.3 | -18.9 | -5.5 | -23.0 | 0.0 | -7.1 |
| 1986 | 0.0 | 5.5 | -2.4 | 1.0 | 8.7 | 0.8 | -3.8 | -4.7 | -4.1 | 3.4 | 2.1 | 6.9 |
| 1985 | 28.9 | -4.1 | -5.1 | -7.2 | 14.6 | 5.5 | 9.3 | -24.7 | -7.8 | 6.9 | 7.0 | 9.3 |
| 1984 | -4.9 | -0.9 | -7.8 | 5.5 | -14.7 | 2.9 | -12.3 | -5.1 | -10.4 | -34.5 | 12.0 | -3.1 |
| 1983 | 12.3 | 4.6 | -2.7 | 15.3 | 4.6 | 4.6 | -8.3 | 14.1 | 2.5 | -3.0 | -0.6 | -13.8 |
| 1982 | -2.2 | -2.6 | -1.3 | 16.2 | -5.2 | -2.1 | -1.2 | 13.8 | -2.5 | 7.3 | -8.9 | 1.4 |
| 1981 | · | · | · | 0.0 | 18.0 | 6.6 | -11.5 | -9.1 | 0.8 | 23.4 | -2.8 | 1.9 |
| Avg | 2.5 | 1.9 | 1.6 | 2.1 | 2.0 | 2.7 | -0.3 | 0.8 | -0.3 | -0.5 | 2.7 | 2.6 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
NVO seasonality — average by calendar month
Novo Nordisk A/S has monthly history back to 1981. Its strongest month by median is December — positive in 33 of 45 years, median +3.1%, and higher in 7 of the last 9. July is the soft spot, down in 24 of 46 with a median of -0.3%. Across its full record it has closed 59% of months higher, swings ±7.8% in an average month and has fallen 74.7% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +2.5% | +1.9% | +1.6% | +2.1% | +2.0% | +2.7% | -0.3% | +0.8% | -0.3% | -0.5% | +2.6% | +2.6% |
| Win rate | 53%/45 | 62%/45 | 60%/45 | 63%/46 | 59%/46 | 70%/46 | 48%/46 | 52%/46 | 56%/45 | 49%/45 | 60%/45 | 73%/45 |
Win rate = share of positive months / sample size.
NVO risk & extremes
NVO drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Novo Nordisk A/S's best month?+
Novo Nordisk A/S's strongest completed month on record is January 1985, at +28.95%.
What was Novo Nordisk A/S's worst month?+
Its weakest completed month on record is February 2026, at -36.98%.
Is Novo Nordisk A/S up this year?+
Novo Nordisk A/S is down 9.21% year to date, measured from its last close before 1 January.
What is Novo Nordisk A/S's 1-year return?+
-14.93% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Novo Nordisk A/S's biggest drawdown?+
The deepest peak-to-trough fall on record is 74.7%, measured on month-end closes since 1981.
Which calendar month is historically best for Novo Nordisk A/S?+
June has the highest average return across every completed June since 1981. An average is not a forecast.
About Novo Nordisk A/S
Novo Nordisk A/S is one of the 100 largest listed companies, a health care business worth about $197 billion. It profits from humanity's stubborn refusal to stay healthy — with price receipts on this site going back to 1981. And the long game: $100 at its first close here (1981) would be about $54,357 today.
Did you know?
- Its best month on record was January 1985 at +28.95%; its worst, February 2026 at -36.98%.
- It has closed December in the green 33 out of 45 times — past performance, future shrug.
Trivia for entertainment — the numbers come from our price data; the jokes don't.