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Stock Comparison

TNDM vs NVO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
TNDM
Tandem Diabetes Care, Inc.

Medical - Devices

HealthcareNASDAQ • US
Market Cap$1.24B
5Y Perf.-78.3%
NVO
Novo Nordisk A/S

Drug Manufacturers - General

HealthcareNYSE • DK
Market Cap$203.36B
5Y Perf.+38.8%

TNDM vs NVO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
TNDM logoTNDM
NVO logoNVO
IndustryMedical - DevicesDrug Manufacturers - General
Market Cap$1.24B$203.36B
Revenue (TTM)$1.01B$309.06B
Net Income (TTM)$-205M$102.43B
Gross Margin53.8%81.0%
Operating Margin-18.2%41.3%
Forward P/E2.1x
Total Debt$444M$130.96B
Cash & Equiv.$91M$26.46B

TNDM vs NVOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

TNDM
NVO
StockMay 20May 26Return
Tandem Diabetes Car… (TNDM)10021.7-78.3%
Novo Nordisk A/S (NVO)100138.8+38.8%

Price return only. Dividends and distributions are not included.

Quick Verdict: TNDM vs NVO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: TNDM and NVO are tied at the top with 3 categories each — the right choice depends on your priorities. Novo Nordisk A/S is the stronger pick specifically for profitability and margin quality and dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
TNDM
Tandem Diabetes Care, Inc.
The Income Pick

TNDM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 1.45
  • Rev growth 7.9%, EPS growth -106.8%, 3Y rev CAGR 8.2%
  • Lower volatility, beta 1.45, current ratio 2.55x
Best for: income & stability and growth exposure
NVO
Novo Nordisk A/S
The Long-Run Compounder

NVO is the clearest fit if your priority is long-term compounding.

  • 105.1% 10Y total return vs TNDM's -75.8%
  • 33.1% margin vs TNDM's -20.2%
  • 4.0% yield; 8-year raise streak; the other pay no meaningful dividend
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthTNDM logoTNDM7.9% revenue growth vs NVO's 6.4%
Quality / MarginsNVO logoNVO33.1% margin vs TNDM's -20.2%
Stability / SafetyTNDM logoTNDMBeta 1.45 vs NVO's 1.56
DividendsNVO logoNVO4.0% yield; 8-year raise streak; the other pay no meaningful dividend
Momentum (1Y)TNDM logoTNDM-15.4% vs NVO's -28.2%
Efficiency (ROA)NVO logoNVO20.2% ROA vs TNDM's -23.0%, ROIC 36.2% vs -10.0%

TNDM vs NVO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

TNDMTandem Diabetes Care, Inc.
FY 2025
Supplies and Other
54.3%$551M
Pump
45.7%$464M
NVONovo Nordisk A/S

Segment breakdown not available.

TNDM vs NVO — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLNVOLAGGINGTNDM

Income & Cash Flow (Last 12 Months)

NVO leads this category, winning 5 of 6 comparable metrics.

NVO is the larger business by revenue, generating $309.1B annually — 304.6x TNDM's $1.0B. NVO is the more profitable business, keeping 33.1% of every revenue dollar as net income compared to TNDM's -20.2%. On growth, TNDM holds the edge at +2.7% YoY revenue growth, suggesting stronger near-term business momentum.

MetricTNDM logoTNDMTandem Diabetes C…NVO logoNVONovo Nordisk A/S
RevenueTrailing 12 months$1.0B$309.1B
EBITDAEarnings before interest/tax-$167M$149.6B
Net IncomeAfter-tax profit-$205M$102.4B
Free Cash FlowCash after capex-$30M$29.0B
Gross MarginGross profit ÷ Revenue+53.8%+81.0%
Operating MarginEBIT ÷ Revenue-18.2%+41.3%
Net MarginNet income ÷ Revenue-20.2%+33.1%
FCF MarginFCF ÷ Revenue-2.9%+9.4%
Rev. Growth (YoY)Latest quarter vs prior year+2.7%-7.6%
EPS Growth (YoY)Latest quarter vs prior year-176.3%-4.6%
NVO leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

TNDM leads this category, winning 2 of 3 comparable metrics.
MetricTNDM logoTNDMTandem Diabetes C…NVO logoNVONovo Nordisk A/S
Market CapShares × price$1.2B$203.4B
Enterprise ValueMkt cap + debt − cash$1.6B$219.8B
Trailing P/EPrice ÷ TTM EPS-5.93x12.65x
Forward P/EPrice ÷ next-FY EPS est.2.14x
PEG RatioP/E ÷ EPS growth rate0.61x
EV / EBITDAEnterprise value multiple9.35x
Price / SalesMarket cap ÷ Revenue1.22x4.19x
Price / BookPrice ÷ Book value/share7.82x6.68x
Price / FCFMarket cap ÷ FCF44.67x
TNDM leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

NVO leads this category, winning 7 of 9 comparable metrics.

NVO delivers a 61.1% return on equity — every $100 of shareholder capital generates $61 in annual profit, vs $-142 for TNDM. NVO carries lower financial leverage with a 0.67x debt-to-equity ratio, signaling a more conservative balance sheet compared to TNDM's 2.86x. On the Piotroski fundamental quality scale (0–9), NVO scores 5/9 vs TNDM's 3/9, reflecting solid financial health.

MetricTNDM logoTNDMTandem Diabetes C…NVO logoNVONovo Nordisk A/S
ROE (TTM)Return on equity-142.0%+61.1%
ROA (TTM)Return on assets-23.0%+20.2%
ROICReturn on invested capital-10.0%+36.2%
ROCEReturn on capital employed-11.5%+44.4%
Piotroski ScoreFundamental quality 0–935
Debt / EquityFinancial leverage2.86x0.67x
Net DebtTotal debt minus cash$354M$104.5B
Cash & Equiv.Liquid assets$91M$26.5B
Total DebtShort + long-term debt$444M$131.0B
Interest CoverageEBIT ÷ Interest expense-23.93x13.45x
NVO leads this category, winning 7 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

NVO leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in NVO five years ago would be worth $13,900 today (with dividends reinvested), compared to $2,092 for TNDM. Over the past 12 months, TNDM leads with a -15.4% total return vs NVO's -28.2%. The 3-year compound annual growth rate (CAGR) favors NVO at -16.0% vs TNDM's -18.6% — a key indicator of consistent wealth creation.

MetricTNDM logoTNDMTandem Diabetes C…NVO logoNVONovo Nordisk A/S
YTD ReturnYear-to-date-16.3%-10.2%
1-Year ReturnPast 12 months-15.4%-28.2%
3-Year ReturnCumulative with dividends-46.1%-40.7%
5-Year ReturnCumulative with dividends-79.1%+39.0%
10-Year ReturnCumulative with dividends-75.8%+105.1%
CAGR (3Y)Annualised 3-year return-18.6%-16.0%
NVO leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

TNDM leads this category, winning 2 of 2 comparable metrics.

TNDM is the less volatile stock with a 1.45 beta — it tends to amplify market swings less than NVO's 1.56 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TNDM currently trades 60.8% from its 52-week high vs NVO's 56.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricTNDM logoTNDMTandem Diabetes C…NVO logoNVONovo Nordisk A/S
Beta (5Y)Sensitivity to S&P 5001.45x1.56x
52-Week HighHighest price in past year$29.65$81.44
52-Week LowLowest price in past year$9.98$35.12
% of 52W HighCurrent price vs 52-week peak+60.8%+56.2%
RSI (14)Momentum oscillator 0–10045.571.1
Avg Volume (50D)Average daily shares traded1.9M19.2M
TNDM leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates TNDM as "Buy" and NVO as "Buy". Consensus price targets imply 75.4% upside for TNDM (target: $32) vs 2.7% for NVO (target: $47). NVO is the only dividend payer here at 3.99% yield — a key consideration for income-focused portfolios.

MetricTNDM logoTNDMTandem Diabetes C…NVO logoNVONovo Nordisk A/S
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$31.62$47.00
# AnalystsCovering analysts3939
Dividend YieldAnnual dividend ÷ price+4.0%
Dividend StreakConsecutive years of raises8
Dividend / ShareAnnual DPS$11.64
Buyback YieldShare repurchases ÷ mkt cap0.0%+0.1%
Insufficient data to determine a leader in this category.
Key Takeaway

NVO leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TNDM leads in 2 (Valuation Metrics, Risk & Volatility).

Best OverallNovo Nordisk A/S (NVO)Leads 3 of 6 categories
Loading custom metrics...

TNDM vs NVO: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is TNDM or NVO a better buy right now?

For growth investors, Tandem Diabetes Care, Inc.

(TNDM) is the stronger pick with 7. 9% revenue growth year-over-year, versus 6. 4% for Novo Nordisk A/S (NVO). Novo Nordisk A/S (NVO) offers the better valuation at 12. 7x trailing P/E (2. 1x forward), making it the more compelling value choice. Analysts rate Tandem Diabetes Care, Inc. (TNDM) a "Buy" — based on 39 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — TNDM or NVO?

Over the past 5 years, Novo Nordisk A/S (NVO) delivered a total return of +39.

0%, compared to -79. 1% for Tandem Diabetes Care, Inc. (TNDM). Over 10 years, the gap is even starker: NVO returned +105. 1% versus TNDM's -75. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — TNDM or NVO?

By beta (market sensitivity over 5 years), Tandem Diabetes Care, Inc.

(TNDM) is the lower-risk stock at 1. 45β versus Novo Nordisk A/S's 1. 56β — meaning NVO is approximately 7% more volatile than TNDM relative to the S&P 500. On balance sheet safety, Novo Nordisk A/S (NVO) carries a lower debt/equity ratio of 67% versus 3% for Tandem Diabetes Care, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — TNDM or NVO?

By revenue growth (latest reported year), Tandem Diabetes Care, Inc.

(TNDM) is pulling ahead at 7. 9% versus 6. 4% for Novo Nordisk A/S (NVO). On earnings-per-share growth, the picture is similar: Novo Nordisk A/S grew EPS 1. 8% year-over-year, compared to -106. 8% for Tandem Diabetes Care, Inc.. Over a 3-year CAGR, NVO leads at 20. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — TNDM or NVO?

Novo Nordisk A/S (NVO) is the more profitable company, earning 33.

1% net margin versus -20. 2% for Tandem Diabetes Care, Inc. — meaning it keeps 33. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVO leads at 41. 3% versus -7. 7% for TNDM. At the gross margin level — before operating expenses — NVO leads at 81. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is TNDM or NVO more undervalued right now?

Analyst consensus price targets imply the most upside for TNDM: 75.

4% to $31. 62.

07

Which pays a better dividend — TNDM or NVO?

In this comparison, NVO (4.

0% yield) pays a dividend. TNDM does not pay a meaningful dividend and should not be held primarily for income.

08

Is TNDM or NVO better for a retirement portfolio?

For long-horizon retirement investors, Novo Nordisk A/S (NVO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (4.

0% yield, +105. 1% 10Y return). Both have compounded well over 10 years (NVO: +105. 1%, TNDM: -75. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between TNDM and NVO?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: TNDM is a small-cap quality compounder stock; NVO is a large-cap deep-value stock. NVO pays a dividend while TNDM does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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  • Market Cap > $100B
  • Net Margin > 19%
  • Dividend Yield > 1.5%
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