SmarterDividends
NVO

Novo Nordisk (NVO) Total Return Calculator

$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026

$10,000 invested in Novo Nordisk (NVO) ten years ago, at the end of Oct 2016, was worth $27,510 at the end of Oct 2026 with every dividend reinvested: 10.6% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $88,889 reinvested (12.3% a year), or $80,200 taking the dividends as cash, $18,566 of it paid out along the way.

Payouts
Compare with

NVO became

$88,889

S&P 500: $72,756

Return a year

12.3%

S&P 500: 11.1%

Payouts reinvested

$23,732

bought more shares

Worst drop

-73.4%

S&P 500: -48.2%

$10,000, Dec 2007 to Oct 2026

Payouts reinvested · S&P 500 reinvested

YearNVO total returnPaid outS&P 500
2026 (part)−20.4%$1,305+11.7%
2025−39.2%$3,924+17.7%
2024−15.9%$3,118+24.9%
2023+54.8%$2,296+26.2%
2022+22.6%$1,682−18.2%
2021+63.5%$1,527+28.7%
2020+23.3%$1,379+18.3%
2019+28.7%$1,241+31.2%
2018−11.8%$1,269−4.6%
2017+54.3%$1,132+21.7%
2016−36.6%$1,284+12.0%
2015+39.3%$756+1.2%
2014+16.7%$785+13.5%
2013+15.3%$535+32.3%
2012+44.0%$459+16.0%
2011+4.1%$386+1.9%
2010+79.3%$275+15.1%
2009+27.1%$196+26.4%
2008−19.8%$182−36.8%

"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.

Key facts: NVO total return

Data as of · Source: SmarterDividends data

  • $10,000 invested in Novo Nordisk (NVO) at the end of Dec 2007, with dividends reinvested, was worth $88,889 at the end of Oct 2026: 12.3% a year, against $72,756 (11.1% a year) in the S&P 500.
  • Over the 10 years to Oct 2026, NVO turned $10,000 into $27,510 with dividends reinvested, 10.6% a year.
  • Over the 5 years to Oct 2026, NVO returned -4.7% a year with dividends reinvested (S&P 500: 12.0%).
  • Taking NVO's dividends as cash instead of reinvesting them, the same $10,000 ended at $80,200, including $18,566 of cash received; reinvesting added $8,689.
  • About 18% of NVO's yearly total return since Dec 2007 came from dividends; the rest came from the share price.
  • NVO's best calendar year in that time was 2010 (79.3%) and its worst 2025 (-39.2%), with dividends reinvested.
Cite this page

SmarterDividends, "Novo Nordisk (NVO) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NVO/total-return

NVO total return questions

If I invested $10,000 in NVO 10 years ago, how much would I have?

About $27,510 at the end of Oct 2026, with every dividend reinvested: 10.6% a year. Taking them as cash, you'd have shares worth $22,510 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.

What is NVO's total return since Dec 2007?

789% in total, or 12.3% a year, through Oct 2026 with dividends reinvested. The share price alone rose 516%.

How much of NVO's return came from dividends?

About 18% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $8,689 better off on a $10,000 start.

What was NVO's worst year?

2025, at -39.2% with dividends reinvested (S&P 500: 17.7%). Its deepest fall from a peak, on month-end values, was -73.4%.

How is total return calculated here?

From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.