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GuruFocus has detected 1 Warning Sign with Novo Nordisk A/S $NVO.
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Novo Nordisk A/S (NYSE:NVO)
Pre-Tax Income
$7,092 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Novo Nordisk A/S's pretax income for the three months ended in Dec. 2016 was $1,552 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $7,092 Mil. Novo Nordisk A/S's pretax margin was 37.00%.

During the past 13 years, Novo Nordisk A/S's highest Pretax Margin was 42.76%. The lowest was 26.22%. And the median was 34.35%.


Definition

This is the income that a company earns before paying income taxes.

Novo Nordisk A/S's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=6867.44937893+-88.0551301685+-9.21672054903+7.37337643923+9.09494701773E-13
=6,778

Novo Nordisk A/S's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1588.96262265+0+-34.4563552833+-2.97770971584+2.27373675443E-13
=1,552

Novo Nordisk A/S Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 1784.40271101 (Mar. 2016 ) + 1903.33786437 (Jun. 2016 ) + 1852.83928302 (Sep. 2016 ) + 1551.52855765 (Dec. 2016 ) = $7,092 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Novo Nordisk A/S's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=1551.52855765/4193.18246271
=37.00%

During the past 13 years, Novo Nordisk A/S's highest Pretax Margin was 42.76%. The lowest was 26.22%. And the median was 34.35%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Novo Nordisk A/S Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 2,1442,3042,7403,2443,8794,8915,9795,6506,3456,778

Novo Nordisk A/S Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 1,4641,3841,8111,5871,5251,5051,7841,9031,8531,552
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