Novartis AG Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	264,184	225,881	189,022	187,424	181,945	173,228
Market Cap Growth	31.45%	19.50%	0.85%	3.01%	5.03%	-1.46%
Enterprise Value	285,317	245,387	205,618	199,660	191,485	196,976
Last Close Price	136.50	117.00	89.45	83.14	76.85	69.15
PE Ratio	22.18	18.97	16.39	13.95	27.96	8.20
PS Ratio	5.47	4.68	3.78	4.44	4.47	4.48
PB Ratio	6.66	5.70	4.43	4.43	3.27	2.91
P/TBV Ratio	-	-	-	-	-	21.01
P/FCF Ratio	17.63	15.07	12.04	15.46	14.60	14.07
P/OCF Ratio	16.20	13.85	11.11	14.33	13.66	13.07
EV/Sales Ratio	5.80	5.08	4.12	4.73	4.71	5.09
EV/EBITDA Ratio	13.85	12.27	10.30	12.15	14.68	14.33
EV/EBIT Ratio	17.30	15.16	13.04	21.57	22.21	20.43
EV/FCF Ratio	19.04	16.37	13.10	16.47	15.36	16.00
Debt / Equity Ratio	0.76	0.76	0.71	0.57	0.47	0.46
Debt / EBITDA Ratio	1.49	1.49	1.50	1.44	1.97	1.95
Debt / FCF Ratio	2.02	2.02	1.93	1.97	2.10	2.22
Net Debt / Equity Ratio	0.51	0.51	0.41	0.27	0.16	0.04
Net Debt / EBITDA Ratio	1.02	1.02	0.87	0.68	0.66	0.18
Net Debt / FCF Ratio	1.36	1.36	1.11	0.92	0.69	0.21
Asset Turnover	0.53	0.53	0.51	0.43	0.35	0.34
Inventory Turnover	2.27	2.27	2.20	1.91	1.67	1.65
Quick Ratio	0.82	0.82	0.78	0.88	1.00	1.25
Current Ratio	1.12	1.12	1.03	1.16	1.29	1.51
Return on Equity (ROE)	30.81%	30.81%	26.27%	16.15%	9.51%	36.80%
Return on Assets (ROA)	11.14%	11.14%	10.09%	5.88%	4.62%	5.28%
Return on Invested Capital (ROIC)	23.60%	24.47%	23.55%	15.05%	11.14%	13.29%
Return on Capital Employed (ROCE)	22.70%	22.70%	22.20%	13.90%	10.40%	10.80%
Earnings Yield	4.51%	5.27%	6.10%	7.17%	3.58%	12.19%
FCF Yield	5.67%	6.64%	8.30%	6.47%	6.85%	7.11%
Dividend Yield	2.27%	3.40%	4.17%	4.26%	4.21%	4.32%
Payout Ratio	55.91%	55.91%	63.85%	48.85%	107.92%	30.67%
Buyback Yield / Dilution	3.93%	3.93%	2.73%	4.78%	2.79%	1.57%
Total Shareholder Return	6.20%	7.33%	6.89%	9.04%	7.00%	5.89%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.