Which has the lower trailing P/E, DHR or NVO?

NVO has the lower trailing P/E: DHR trades at 37.04 and NVO at 10.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DHR or NVO?

Over the past five years, NVO grew revenue faster — DHR at a 1.97% CAGR versus NVO at 19.76%.

Does DHR or NVO pay a bigger dividend?

DHR yields 0.72% and NVO yields 4.17% based on trailing dividends and the latest price.

Is DHR or NVO more profitable?

NVO runs the higher net margin — DHR at 15.95% versus NVO at 35.33%.

How have DHR and NVO total returns compared?

Over the past 10 years, DHR delivered 11.92% and NVO delivered 9.46% annualized total return. Past performance doesn't predict future results.

Danaher Corporation (DHR) vs Novo Nordisk A/S (NVO)

A side-by-side comparison of Danaher Corporation and Novo Nordisk A/S across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

DHR

Danaher Corporation

$146.59B

$208.52HealthcareDelayed quote: Sep 16, 2026, 4:00 PM EDT

NVO

Novo Nordisk A/S

$185.26B

$41.72HealthcareDelayed quote: Sep 16, 2026, 3:59 PM EDT

Total return — DHR vs NVO

growth of $100 · dividends reinvested · last 10y

DHR +200.7% (+11.6%/yr)NVO +135.8% (+9.0%/yr)DHR compounded faster over this window

DHR NVO

DHR vs NVO: by the numbers

•NVO is the larger company ($185.26B vs $146.59B market cap).
•NVO trades at the lower trailing earnings multiple (10.28 vs 37.04 P/E), one valuation lens rather than an overall verdict.
•NVO converts more revenue to profit (35.33% vs 15.95% net margin).
•NVO grew revenue faster over the past five years (19.76% vs 1.97% CAGR).
•NVO pays the higher dividend yield (4.17% vs 0.72%).

Metrics side by side

Valuation

Metric	DHR	NVO
P/E ratio	37.04	10.28
Forward P/E	24.52	N/A
P/S ratio	5.84	3.63
P/B ratio	2.79	5.49
EV / EBITDA	23.37	7.62
FCF yield	3.73%	4.02%

Profitability

Metric	DHR	NVO
Gross margin	58.51%	80.64%
Operating margin	20.42%	43.10%
Net margin	15.95%	35.33%
ROE	7.61%	53.50%
ROIC	5.03%	30.21%

Dividends

Metric	DHR	NVO
Dividend yield	0.72%	4.17%
Payout ratio	25.58%	44.27%

Growth (annualized)

Metric	DHR	NVO
Revenue CAGR (5Y)	1.97%	19.76%
EPS CAGR (5Y)	0.40%	19.59%
FCF CAGR (5Y)	-2.83%	-1.45%
Total return CAGR (5Y)	-6.85%	-0.65%

Frequently asked

Which has the lower trailing P/E, DHR or NVO?: NVO has the lower trailing P/E: DHR trades at 37.04 and NVO at 10.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DHR or NVO?: Over the past five years, NVO grew revenue faster — DHR at a 1.97% CAGR versus NVO at 19.76%.
Does DHR or NVO pay a bigger dividend?: DHR yields 0.72% and NVO yields 4.17% based on trailing dividends and the latest price.
Is DHR or NVO more profitable?: NVO runs the higher net margin — DHR at 15.95% versus NVO at 35.33%.
How have DHR and NVO total returns compared?: Over the past 10 years, DHR delivered 11.92% and NVO delivered 9.46% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DHR analysis Full NVO analysis Interactive comparison tool

Dig into the metrics

Danaher P/E ratio Novo Nordisk A/S P/E ratio Danaher dividend yield Novo Nordisk A/S dividend yield Danaher ROE Novo Nordisk A/S ROE Danaher operating margin Novo Nordisk A/S operating margin Danaher revenue growth Novo Nordisk A/S revenue growth Danaher free cash flow Novo Nordisk A/S free cash flow

Danaher & Novo Nordisk A/S appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.