Novartis AG (SWX:NOVN)
Switzerland flag Switzerland · Delayed Price · Currency is CHF
126.60
-0.18 (-0.14%)
Jul 31, 2026, 5:30 PM CET

Novartis AG Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
56,69356,67451,72246,66043,46143,974
Revenue Growth
2.73%9.57%10.85%7.36%-1.17%-11.87%
Gross Profit
42,50643,05438,90734,18831,87932,583
Operating Income
18,56819,00516,32010,2349,21310,963
Net Income
12,75713,98411,94114,8506,95524,021
Earnings Per Share
6.617.155.877.103.1710.63
EPS Growth
-3.43%21.81%-17.36%123.90%-70.16%202.06%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cardiovascular, Renal And Metabolic
7,2478,9598,5766,3904,7563,560
Immunology
10,58110,2939,2937,7987,2877,205
Neuroscience
6,6725,9934,7503,6513,0385,007
Oncology
17,16716,83014,29712,85111,17610,531
Established Brands
13,09912,45713,40114,75015,94912,241
Revenue (Total)
56,69356,67451,72246,66043,46143,974

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7,61811,53313,35114,07318,72628,224
Total Debt
49,01435,45731,40126,43927,96431,093
Net Cash (Debt)
-41,396-23,924-18,050-12,366-9,238-2,869
Net Cash Growth
------
Net Cash Per Share
-21.48-12.24-8.87-5.91-4.20-1.27

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
18,39319,14417,61914,45814,23615,071
Capital Expenditures
-1,630-1,548-1,366-1,060-916-1,066
Free Cash Flow
16,76317,59616,25313,39813,32014,005
Free Cash Flow Growth
-13.25%8.26%21.31%0.59%-4.89%13.17%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
74.98%75.97%75.22%73.27%73.35%74.10%
Operating Margin
32.75%33.53%31.55%21.93%21.20%24.93%
Pretax Margin
27.38%28.85%26.37%19.55%16.51%55.78%
Profit Margin
22.50%24.67%23.09%31.83%16.00%54.63%
FCF Margin
29.57%31.05%31.42%28.71%30.65%31.85%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.7004.6663.8623.9193.4613.401
Dividend Per Share Growth
5.71%20.81%-1.44%13.24%1.77%0.29%
Dividend Yield
2.92%3.48%4.21%4.31%4.66%4.90%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
23.6918.9716.3913.9527.968.20
Forward PE
17.2416.1311.7413.8614.4113.15
P/FCF Ratio
17.7715.0712.0415.4614.6014.07
PS Ratio
5.254.683.784.444.474.48