What if you invested $1,000 in Novo Nordisk in 2015? (Inflation-Adjusted)

NVO · Healthcare · Adjusted to 2026 dollars using BLS CPI-U data

Nominal returns can be misleading over long periods. $1,000 in Novo Nordisk in 2015 became $2,121 by 2026. Over those 11 years, cumulative CPI inflation reached 39% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2015 dollars is $1,526, a real annualized return of +3.8%.

Nominal final value

$2,121

+112.1% total return

Real value (2015 dollars)

$1,526

+52.6% real total return

Real annualized return

+3.8%

vs. +6.9% nominal annualized

Cumulative CPI-U inflation since 2015: 39% (1 dollar in 2015 = $1.39 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Novo Nordisk since 2015, values in constant 2015 dollars

Year	Nominal Value	Real Value (2015 $)
2015	$1,000	$1,000
2016	$1,273	$1,255
2017	$847	$817
2018	$1,339	$1,253
2019	$1,162	$1,061
2020	$1,540	$1,385
2021	$1,800	$1,541
2022	$2,634	$2,066
2023	$3,716	$2,807
2024	$6,223	$4,567
2025	$4,631	$3,332
2026	$3,349	$2,409

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2015 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.