Novartis AG

Novartis AG

NVS
Novartis AGUS flagNew York Stock Exchange
143.48
USD
-2.20
- -
273.77BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
21.6
22.11
20.97
20.79
18.5
19.88
21.25
21.91
19.6
19.93
22.47
25.63
29.23
29.41
Basic EPS, GAAP
3.76
4.21
7.4
2.82
3.28
5.44
5.12
3.55
10.71
3.19
7.15
5.92
7.21
7.03
Free Cash Flow per Basic Share
4.01
4.33
3.49
3.61
4.4
5.01
4.96
4.86
5.58
5.5
5.64
6.84
7.86
8.3
Dividend per Share
2.5
2.81
2.76
2.72
2.77
3
2.9
3.07
3.28
3.44
3.49
3.78
4.03
4.51
Book Value per Share
30.34
30.27
33.86
34.53
33.51
35.85
26.28
25.5
32.05
29.54
24.3
23.47
0.4
19.74
Tangible Book Value per Share
6.39
7.3
4.88
5.29
5.32
2.02
0.1
-4.45
1.8
-0.7
-1.67
-3.74
-4.35
-14.61
Basic Weighted Avg Shares
2,441
2,426
2,403
2,378
2,346
2,319
2,291
2,277
2,243
2,181
2,077
2,018
1,939
1,924
Sales/Revenue/Turnover
52,716
53,634
50,387
49,436
43,404
46,099
48,677
49,898
43,974
43,461
46,660
51,722
56,674
56,578
Operating Margin (%)
20.83
20.68
17.82
16.72
20.05
18.23
18.67
20.35
22.87
18.28
20.94
28.12
31.13
30.43
Depreciation Expense
4,405
4,682
5,471
6,043
4,736
5,211
5,826
6,464
5,597
6,705
8,277
6,069
5,325
5,399
Net Income, GAAP
9,175
10,210
17,783
6,712
7,703
12,611
11,732
8,072
24,021
6,955
14,850
11,941
13,984
13,534
Effective Tax Rate (%)
13.86
12.59
13.6
14.31
17.61
9.19
20.06
18.29
6.62
15.72
6.04
12.47
14.59
14.38
Profit Margin (%)
17.4
19.04
35.29
13.58
17.75
27.36
24.1
16.18
54.63
16
31.83
23.09
24.67
23.92
Working Capital
4,174
10,588
-863
2,722
4,805
5,956
1,240
-3,386
15,510
8,254
4,091
1,012
3,182
-4,767
LT Debt
11,242
13,799
16,327
17,897
23,224
22,470
22,056
27,978
24,523
21,782
20,034
22,934
29,592
39,110
Total Equity
74,472
70,844
77,122
74,891
74,227
78,692
55,551
56,666
67,822
59,423
46,750
44,126
46,549
38,927
Return on Invested Capital (%)
10.14
10.26
7.96
7.02
6.98
7
7.25
8.97
9.42
6.96
11.05
16.64
18.61
18.42
Return on Capital (%)
17.08
11.57
18.61
7.01
7.81
12.1
12.12
9.47
24.87
7.8
18.48
16.48
25.99
18.55
Return on Common Equity (%)
24.44
13.84
22.97
8.21
9.59
15.59
16.37
13.65
36.97
10.2
25.85
24.41
58.12
34.44

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7,784
5,784
7,888
LT Borrowings
22,598
27,935
37,447
LT Finance Leases
1,640
1,657
1,663
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,919
1,908
1,908
Market Capitalization
250,998
267,295
293,891

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
28,198
30,460
26,607
Cash, Cash Equivalents & STI
9,753
11,533
6,977
Accounts Receivable, Net
8,844
8,937
9,386
Inventories
6,421
6,269
6,286
Total Current Liabilities
32,000
27,278
31,374
Payables & Accruals
7,897
9,517
6,129
ST Debt
7,784
5,784
7,888
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.93%
-2.83%
5.49%
Free Cash Flow
6.52%
6.98%
10.42%
Net Income, GAAP
21.56%
47.51%
17.11%
Sales/Revenue/Turnover
1.5%
2.95%
9.57%
Total Cash Common Dividend
1.72%
2.32%
2.54%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,120
12,872
13,172
13,558
51,722
2025
13,620
14,836
14,358
13,860
56,674
2026
13,524
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.32
1.6
1.58
1.42
5.92
2025
1.83
2.07
2.04
1.26
7.21
2026
1.65
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.55
1.19
- -
- -
3.78
2025
2.71
1.28
- -
- -
4.03
2026
3.25
- -
- -
- -
- -

Company Description

APIChat
CEO
Vasant Narasimhan
Full Time Employees
75,883
Sector
Healthcare
Industry
Drug Manufacturers - General
Address
Lichtstrasse 35 Basel Switzerland 4056
IPO Date
Nov 7, 1996
Business
Novartis AG (NVS), a Swiss multinational pharmaceutical company headquartered in Basel and founded in 1996 through the merger of Ciba-Geigy and Sandoz, develops, manufactures and markets innovative medicines focused on oncology, immunology, neuroscience, cardiovascular, renal and metabolic diseases; key products include Kisqali (ribociclib) for breast cancer, Cosentyx (secukinumab) for psoriasis and arthritis, Entresto (sacubitril/valsartan) for heart failure, Kesimpta (ofatumumab) for multiple sclerosis, Pluvicto for prostate cancer, Scemblix (asciminib) for leukemia, Leqvio for cholesterol reduction, Zolgensma for spinal muscular atrophy, and radioligand therapies alongside gene and cell therapies like Kymriah (tisagenlecleucel). The company operates globally with major research hubs in Cambridge, Massachusetts, and expanded facilities in the US including a new San Diego research center planned for 2028-2029 and manufacturing investments totaling over $23 billion across 10 sites to achieve 100% end-to-end US production of key medicines by end-2025; it spun off its generics division Sandoz in October 2023 and Alcon eye care in 2019 to sharpen focus on high-value innovative medicines. Recent strategic moves include the October 2025 $12 billion acquisition of Avidity Biosciences to bolster RNA therapeutics for neuromuscular diseases, completion of Tourmaline Bio acquisition for pipeline enhancement, February 2025 purchase of Anthos Therapeutics for $925 million in cardiovascular assets, April 2025 agreement to acquire Regulus Therapeutics for up to $1.7 billion in microRNA therapies, plus licensing deals with Argo Biopharma, Arvinas, Arrowhead Pharmaceuticals and Dren Bio exceeding $17 billion in potential value to offset patent losses and drive 5-6% compound annual sales growth through 2030.

Company News

APIChat
  • Novartis data at EULAR 2026 demonstrates momentum for broad immunology portfolio for complex, high unmet need diseases

  • Experimental Novartis radiopharma drug shows promise in early study

  • Pluvicto™ demonstrated consistent efficacy across key patient subgroups in metastatic hormone-sensitive prostate cancer

  • New Novartis data at ERA 2026 advance scientific understanding of kidney disease and reinforce portfolio strength

  • Novartis advances RLT innovation and reinforces leadership in prostate cancer, breast cancer and hematology with new data at ASCO and EHA

  • 3 International ETFs for Investors Looking Beyond U.S. Stocks

  • Cancer Stocks That Are Advancing the Future of Oncology Care

  • New PSMAddition data show 58% lower risk of PSA progression with Pluvicto® in metastatic hormone-sensitive prostate cancer

  • Isomorphic Labs' $2.1 Billion Fundraise Is The Biggest Bet Yet On AI Drug Discovery

  • Implied Volatility Surging for Novartis Stock Options

  • Novartis breaks ground on Denton, Texas radioligand therapy site; construction now underway across all new US facilities

  • Novartis to cut 220 jobs as it closes German site

  • Novartis AG (NVS) Stock Up 3.4% but GF Value Says Overvalued -- GF Score: 83/100

  • Concurrent Investment Advisors LLC Grows Position in Novartis AG $NVS

  • UK's biggest drugmakers see surprise profit bump, even as pharma grapples with U.S. policies

  • Novartis: Revenue Lags In Q1, Outlook Unchanged

  • Novartis CEO warns of reality of Trump's drug pricing policy

  • Novartis Q1 Earnings & Revenues Miss Estimates, Stock Down

  • Novartis (NVS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

  • Novartis shares fall after weak Q1 hit by Entresto competition