Is DHR or NVO cheaper?

On trailing earnings, NVO is cheaper: DHR trades at a 34.38 P/E and NVO at 10.18.

Which has grown faster, DHR or NVO?

Over the past five years, NVO grew revenue faster — DHR at a 2.05% CAGR versus NVO at 20.73%.

Does DHR or NVO pay a bigger dividend?

DHR yields 0.77% and NVO yields 4.14% based on trailing dividends and the latest price.

Is DHR or NVO more profitable?

NVO runs the higher net margin — DHR at 14.89% versus NVO at 37.14%.

Which has been the better investment, DHR or NVO?

Over the past 10-year, DHR delivered the higher annualized total return — DHR at 11.01% versus NVO at 7.78%. Past performance doesn't predict future results.

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

NVO leads on 13 of 16 compared metrics.

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 June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — DHR vs NVO

growth of $100 · last 30y

DHR +5067.4%NVO +6257.7%NVO compounded faster

DHR NVO

DHR vs NVO: by the numbers

•NVO is the larger company ($191.59B vs $125.88B market cap).
•NVO trades at the lower earnings multiple (10.18 vs 34.38 P/E).
•NVO converts more revenue to profit (37.14% vs 14.89% net margin).
•NVO grew revenue faster over the past five years (20.73% vs 2.05% CAGR).
•NVO pays the higher dividend yield (4.14% vs 0.77%).

Which is better, DHR or NVO?

Metric tally: DHR 3 · NVO 13

It depends on what you're optimizing for:

ValueNVO(lower P/E)

GrowthNVO(faster 5Y revenue CAGR)

IncomeNVO(higher dividend yield)

QualityNVO(higher ROIC)

Metrics side by side

Valuation

Metric	DHR	NVO
P/E ratio	34.38	10.18●
Forward P/E	19.47	—
P/S ratio	5.10	3.78●
P/B ratio	2.39●	6.18
PEG ratio	85.96	8.17●
EV / EBITDA	20.95	7.34●
FCF yield	4.19%●	2.50%

Profitability

Metric	DHR	NVO
Gross margin	60.68%	81.83%●
Operating margin	20.95%	45.21%●
Net margin	14.89%	37.14%●
ROE	6.97%	60.74%●
ROIC	5.72%	29.53%●

Dividends

Metric	DHR	NVO
Dividend yield	0.77%	4.14%●
Payout ratio	26.82%	49.80%

Growth (annualized)

Metric	DHR	NVO
Revenue CAGR (5Y)	2.05%	20.73%●
EPS CAGR (5Y)	0.40%	19.59%●
FCF CAGR (5Y)	-0.45%●	-5.86%
Total return CAGR (5Y)	-4.41%	3.08%●

Frequently asked

Which is better, DHR or NVO?: It depends on your goal. value: NVO (lower P/E); growth: NVO (faster 5Y revenue CAGR); income: NVO (higher dividend yield); quality: NVO (higher ROIC). Across all compared metrics, NVO leads 13 to 3.
Is DHR or NVO cheaper?: On trailing earnings, NVO is cheaper: DHR trades at a 34.38 P/E and NVO at 10.18.
Which has grown faster, DHR or NVO?: Over the past five years, NVO grew revenue faster — DHR at a 2.05% CAGR versus NVO at 20.73%.
Does DHR or NVO pay a bigger dividend?: DHR yields 0.77% and NVO yields 4.14% based on trailing dividends and the latest price.
Is DHR or NVO more profitable?: NVO runs the higher net margin — DHR at 14.89% versus NVO at 37.14%.
Which has been the better investment, DHR or NVO?: Over the past 10-year, DHR delivered the higher annualized total return — DHR at 11.01% versus NVO at 7.78%. 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 June 18, 2026.