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NVO vs AMGN

Comparison between Novo Nordisk (NVO, Company) and AMGEN Inc (AMGN, Company).

Both NVO and AMGN are from the Healthcare sector.

5-Year PerformanceAMGN has outperformed NVO, delivering a return of +11.2% compared to +5.2%

NVO vs AMGN - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
NVO
$192B
AMGN
$182B
Max Drawdown
NVO
75.98%
Winner
AMGN
60.17%
Sharpe Ratio
NVO
-0.56
Winner
AMGN
0.76
5Y Beta
NVO
N/A
AMGN
0.48
Industry
NVO
Drug Manufacturers - General
AMGN
Drug Manufacturers - General
P/E Ratio
Winner
NVO
10.07
AMGN
23.32
Forward P/E
Winner
NVO
12.63
AMGN
15.50
PEG Ratio
Winner
NVO
0.38
AMGN
0.75
Dividend Yield
Winner
NVO
4.17%
AMGN
2.86%
5Y Dividends CAGR
Winner
NVO
31.66%
AMGN
7.92%
5Y EPS CAGR
Winner
NVO
24.26%
AMGN
3.49%
Debt to Equity
Winner
NVO
72.09%
AMGN
623.75%
Free Cash Flow Yield
NVO
2.32%
Winner
AMGN
4.72%
P/S Ratio
Winner
NVO
0.58
AMGN
4.89
P/B Ratio
Winner
NVO
6.06
AMGN
19.83

NVO vs AMGN - Historical Returns

Returns include dividend reinvestment.

1M
Winner
NVO
+5.47%
AMGN
+2.27%
3M
Winner
NVO
+33.23%
AMGN
-0.02%
6M
NVO
-4.95%
Winner
AMGN
+6.21%
1Y
NVO
-28.87%
Winner
AMGN
+31.20%
5Y(CAGR)
NVO
+5.22%
Winner
AMGN
+11.22%
10Y(CAGR)
NVO
+8.13%
Winner
AMGN
+11.87%
Max(CAGR)
Winner
NVO
+16.45%
AMGN
+10.06%

NVO vs AMGN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearNVOAMGN
2026-6.36%+7.46%
2025-40.30%+30.33%
2024-14.82%-9.70%
2023+52.98%+13.90%
2022+26.30%+19.51%
2021+59.85%+2.33%
2020+22.30%-1.60%
2019+26.72%+29.46%
2018-13.76%+13.15%
2017+52.70%+18.58%
2016-36.16%-5.22%
2015+38.20%+3.58%
2014+16.84%+40.21%
2013+12.95%+30.34%
2012+41.35%+37.02%
2011+4.80%+16.80%
2010+73.64%-4.88%
2009+22.93%-4.10%
2008-18.66%+23.93%
2007+57.08%-32.11%
2006+48.69%-15.00%
2005+7.34%+22.68%
2004+33.06%+2.89%
2003+40.89%+25.28%
2002-27.39%-14.29%
2001+13.36%-10.24%
2000+32.47%+1.59%
1999+6.16%+49.57%

NVO vs AMGN Drawdown Comparison

The maximum drawdown for NVO was -74.71%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for AMGN was -60.17%, occurring on Jul 15, 2002. Recovery took 1254 trading sessions.

The current NVO drawdown is -65.58%. The current AMGN drawdown is -9.91%.

RankNVOAMGN
#1-74.71%
Jun 25, 2024 - Mar 27, 2026
-60.17%
Jul 21, 2000 - Jul 20, 2005
#2-51.38%
Aug 6, 2001 - Feb 9, 2004
-53.61%
Sep 19, 2005 - Aug 24, 2012
#3-46.53%
Aug 3, 2015 - Jan 19, 2018
-31.30%
Jan 21, 2000 - Jul 18, 2000
#4-41.56%
Apr 8, 2008 - Feb 16, 2010
-24.86%
Nov 8, 2022 - Oct 11, 2023
#5-28.04%
Apr 21, 2011 - Feb 7, 2012
-24.76%
Jul 31, 2015 - Aug 1, 2016
#6-27.56%
Jan 26, 2018 - Nov 1, 2019
-24.53%
Dec 16, 2019 - Apr 27, 2020
#7-26.73%
Sep 26, 2000 - Jun 20, 2001
-23.00%
Sep 22, 2016 - Feb 17, 2017
#8-23.65%
Mar 4, 2020 - Apr 20, 2020
-22.73%
Sep 20, 2024 - Nov 11, 2025
#9-21.43%
Feb 6, 2013 - Jan 10, 2014
-21.47%
Apr 20, 2021 - Apr 7, 2022
#10-21.36%
Apr 7, 2022 - Nov 28, 2022
-18.89%
Nov 30, 2018 - Aug 12, 2019
#11-20.48%
Dec 16, 2021 - Apr 6, 2022
-18.41%
Feb 1, 2024 - Jul 10, 2024
#12-19.00%
Apr 21, 2005 - Mar 3, 2006
-16.57%
Feb 27, 2026 - May 4, 2026
#13-16.44%
Jan 10, 2000 - May 3, 2000
-16.53%
Jul 20, 2020 - Jan 26, 2021
#14-14.94%
Dec 4, 2007 - Feb 22, 2008
-16.23%
Apr 22, 2013 - Aug 26, 2013
#15-14.66%
Oct 22, 2012 - Jan 10, 2013
-15.60%
Mar 15, 2017 - Sep 7, 2017

Correlation

Correlation between NVO and AMGN is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86
-101

Dividend Comparison (2000 - 2026)

NVO vs AMGN dividend yield comparison.

YearNVOAMGN
20262.57%1.45%
20253.31%2.91%
20241.68%3.45%
20231.00%2.96%
20221.20%2.95%
20211.35%3.13%
20201.87%2.78%
20192.14%2.41%
20181.45%2.71%
20171.52%2.65%
20162.87%2.74%
20150.92%1.95%
20141.43%1.53%
20131.23%1.65%
20121.12%1.67%
20111.18%0.87%
20100.87%0.00%
20091.22%0.00%
20081.32%0.00%
20070.69%0.00%
20060.83%0.00%
20051.10%0.00%
20040.96%0.00%
20030.92%0.00%
20020.98%0.00%
20010.57%0.00%
20000.53%0.00%

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