Novo Nordisk A/S (NVO) vs UnitedHealth Group Incorporated (UNH)
A side-by-side comparison of Novo Nordisk A/S and UnitedHealth Group Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
NVO
Novo Nordisk A/S
$47.08HealthcareDelayed quote: Jul 31, 2026, 3:59 PM EDT
UNH
UnitedHealth Group Incorporated
$414.40HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — NVO vs UNH
growth of $100 · dividends reinvested · last 30yNVO +10806.6%UNH +12932.8%UNH compounded faster
NVO UNH
NVO vs UNH: by the numbers
- •UNH is the larger company ($376.34B vs $209.19B market cap).
- •NVO trades at the lower trailing earnings multiple (11.01 vs 27.10 P/E), one valuation lens rather than an overall verdict.
- •NVO converts more revenue to profit (37.14% vs 3.14% net margin).
- •NVO grew revenue faster over the past five years (20.73% vs 10.59% CAGR).
- •NVO pays the higher dividend yield (3.83% vs 2.12%).
Metrics side by side
Valuation
| Metric | NVO | UNH |
|---|---|---|
| P/E ratio | 11.01 | 27.10 |
| Forward P/E | N/A | 21.38 |
| P/S ratio | 4.09 | 0.85 |
| P/B ratio | 6.69 | 3.65 |
| PEG ratio | 8.16 | N/A |
| EV / EBITDA | 8.62 | 16.32 |
| FCF yield | 2.31% | 6.18% |
Profitability
| Metric | NVO | UNH |
|---|---|---|
| Gross margin | 81.83% | 22.49% |
| Operating margin | 45.21% | 4.82% |
| Net margin | 37.14% | 3.14% |
| ROE | 60.74% | 13.51% |
| ROIC | 29.53% | 8.23% |
Dividends
| Metric | NVO | UNH |
|---|---|---|
| Dividend yield | 3.83% | 2.12% |
| Payout ratio | 49.80% | 67.65% |
Growth (annualized)
| Metric | NVO | UNH |
|---|---|---|
| Revenue CAGR (5Y) | 20.73% | 10.59% |
| EPS CAGR (5Y) | 19.59% | -4.06% |
| FCF CAGR (5Y) | -5.86% | -4.39% |
| Total return CAGR (5Y) | 2.46% | 2.09% |
Frequently asked
- Which has the lower trailing P/E, NVO or UNH?
- NVO has the lower trailing P/E: NVO trades at 11.01 and UNH at 27.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NVO or UNH?
- Over the past five years, NVO grew revenue faster — NVO at a 20.73% CAGR versus UNH at 10.59%.
- Does NVO or UNH pay a bigger dividend?
- NVO yields 3.83% and UNH yields 2.12% based on trailing dividends and the latest price.
- Is NVO or UNH more profitable?
- NVO runs the higher net margin — NVO at 37.14% versus UNH at 3.14%.
- How have NVO and UNH total returns compared?
- Over the past 10 years, NVO delivered 7.59% and UNH delivered 13.17% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Novo Nordisk A/S P/E ratioUnitedHealth P/E ratioNovo Nordisk A/S dividend yieldUnitedHealth dividend yieldNovo Nordisk A/S ROEUnitedHealth ROENovo Nordisk A/S operating marginUnitedHealth operating marginNovo Nordisk A/S revenue growthUnitedHealth revenue growthNovo Nordisk A/S free cash flowUnitedHealth free cash flow
Novo Nordisk A/S & UnitedHealth appear in these rankings
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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 July 31, 2026.