NVO Revenue Growth (YoY) Analysis
Higher than 92% of Healthcare sector peers
Updated 190h ago·SEC filings & market data
Key Takeaway
Revenue growth year-over-year (YoY) measures how much a company’s sales increased compared to the same period one year ago.
Sector Performance
92th percentileNVO
24.0%
Sector Median
6.2%
Sector Avg
4.2%
Deep Analysis
Revenue growth year-over-year (YoY) measures how much a company’s sales increased compared to the same period one year ago.
NVO’s current 24.0% growth is 17.8 percentage points above the Healthcare sector median of 6.2%, placing it in the 92nd percentile among sector peers. The metric has no YoY change or quarter-over-quarter change data available, and only one historical value (24.0%) is provided, so no trend can be assessed. The combination of a very high growth level with no trend information means the strong performance is clear, but the lack of direction over time adds uncertainty for predicting future consistency. This metric supports a more favorable view than the overall NEUTRAL verdict, as such outperformance relative to peers is a positive signal, but the neutral rating likely reflects other offsetting factors.
Frequently Asked Questions
What does the Revenue Growth (YoY) tell investors about NVO?
Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.
How is the Revenue Growth (YoY) calculated?
Revenue Growth (YoY) is calculated as: (Revenue_t - Revenue_t-4) / Revenue_t-4.
How does NVO's Revenue Growth (YoY) compare to its sector?
NVO's Revenue Growth (YoY) of 24.0% compares to a Healthcare sector median of 6.2%, placing it in the 92th percentile.
Who are NVO's closest peers by Revenue Growth (YoY)?
The closest Healthcare peers by Revenue Growth (YoY) include: ALGN (6.2%), AMGN (5.8%), ABT (7.8%), HIMS (3.8%), DGX (9.2%).
Learn More About Revenue Growth (YoY)
The Formula
(Revenue_t - Revenue_t-4) / Revenue_t-4
Why It Matters
Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.
Master NVO's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full NVO research report →NVO
24.0%
Sector Median
6.2%
Sector Avg
4.2%
How NVO's Revenue Growth (YoY) compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.