Novartis AG Ratios and Metrics

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

Millions GBP. 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	230,688	197,052	156,316	162,643	161,382	145,494
Market Cap Growth	38.11%	26.06%	-3.89%	0.78%	10.92%	-7.63%
Enterprise Value	249,142	214,069	170,040	173,261	169,844	165,439
Last Close Price	120.84	102.78	75.37	73.18	64.01	52.92
PE Ratio	22.20	18.97	16.39	13.95	27.96	8.20
PS Ratio	5.48	4.68	3.78	4.44	4.47	4.48
PB Ratio	6.67	5.70	4.43	4.43	3.27	2.91
P/TBV Ratio	-	-	-	-	-	21.01
P/FCF Ratio	17.65	15.07	12.04	15.46	14.60	14.07
P/OCF Ratio	16.22	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	19.06	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	4.50%	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	2.43%	3.37%	4.09%	4.21%	4.49%	4.75%
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	6.36%	7.30%	6.82%	8.98%	7.27%	6.31%

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