As of Q4'25, NVO's latest diluted EPS stands at 5.64 USD, reflecting a year-over-year decline of approximately -11.0%. This marks a reversal from the previous quarter's lower EPS of 4.5 USD and negative YoY growth, indicating some recovery in earnings performance at the end of the observed period. Over the period from Q1'23 to Q4'25, NVO's diluted EPS exhibited a generally upward trend, peaking at 6.53 USD in Q1'25 before experiencing a notable drop to 4.5 USD in Q3'25. Year-over-year EPS growth was strong throughout 2023, reaching as high as 63.1% in Q4'23, but momentum slowed considerably in 2024 and turned negative in the latter half of 2025. This pattern suggests initial robust earnings expansion followed by increased volatility and a recent contraction in growth.