Market cap
$304,257 Mln
Revenue (TTM)
$56,306 Mln
P/E Ratio
30.7
P/B Ratio
7.9
Div. Yield
2.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 4.24 | 4.67 | -0.12 | 5.49 | 1.45 |
| EBIT | -62.30 | -60.13 | -18.88 | 15.03 | 2.53 |
| Net Profit | -63.09 | -69.23 | -30.22 | 8.67 | 0.05 |
| EPS | -63.03 | -68.84 | -28.45 | 12.07 | 3.85 |
| Book Value | -- | -- | 8.80 | -4.67 | -0.73 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 27.29 | 31.56 | 25.26 | 32.17 | 28.32 |
| Net Margin
| -- | -- | 17.82 | -- | -- |
| Return on equity
| 28.51 | 27.03 | 26.54 | 31.17 | 26.33 |
| Return on Capital
| 17.46 | 16.95 | -- | 17.74 | 16.10 |
| Return on Assets
| 12.79 | 12.43 | 6.94 | 12.91 | 11.81 |
| Debt to Equity (x)
| -- | -- | 0.99 | 0.80 | 0.71 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
--
|
17.74
|
16.10
|
18.53
|
7.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
26.54
Higher than Peers by 6.81
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
26.54
|
31.17
|
26.33
|
28.02
|
10.95
|
|
Peer Median
|
19.73
|
--
|
--
|
--
|
--
|
ROA
6.94
Higher than Peers by 4.09
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
6.94
|
12.91
|
11.81
|
13.66
|
5.58
|
|
Peer Median
|
2.86
|
--
|
--
|
--
|
--
|
EBIT Margin
25.26
Higher than Peers by 9.68
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
25.26
|
32.17
|
28.32
|
21.38
|
18.35
|
|
Peer Median
|
15.58
|
--
|
--
|
--
|
--
|
Net Margin
17.82
Higher than Peers by 9.48
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
17.82
|
25.64
|
23.09
|
31.83
|
16.00
|
|
Peer Median
|
8.34
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-0.12
Lower than Peers by 7.95
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
-0.12
|
0.06
|
0.11
|
0.07
|
-0.01
|
|
Peer Median
|
7.83
|
--
|
--
|
--
|
--
|
EBIT Growth
-18.88
Lower than Peers by 26.25
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
-18.88
|
20.41
|
46.78
|
25.08
|
-68.49
|
|
Peer Median
|
7.38
|
--
|
--
|
--
|
--
|
Net Profit Growth
-30.22
Lower than Peers by 36.74
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
-30.22
|
17.71
|
-19.59
|
113.52
|
-71.05
|
|
Peer Median
|
6.53
|
--
|
--
|
--
|
--
|
EPS Growth
-28.45
Lower than Peers by 36.59
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
-28.45
|
0.22
|
-0.17
|
1.22
|
-0.70
|
|
Peer Median
|
8.13
|
--
|
--
|
--
|
--
|
Book Value Growth
-14.48
Lower than Peers by 19.35
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
-14.48
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.87
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.99
Higher than Peers by 0.43
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
0.99
|
0.80
|
0.71
|
0.56
|
0.47
|
|
Peer Median
|
0.55
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.27
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
0.27
|
0.13
|
0.19
|
0.14
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.88
Lower than Peers by 0.77
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
0.88
|
1.12
|
1.04
|
1.16
|
1.29
|
|
Peer Median
|
1.65
|
--
|
--
|
--
|
--
|
Quick Ratio
0.70
Lower than Peers by 0.52
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
0.70
|
0.89
|
0.84
|
0.93
|
1.04
|
|
Peer Median
|
1.21
|
--
|
--
|
--
|
--
|
Interest Coverage
9.02
Higher than Peers by 4.04
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
9.02
|
14.86
|
14.13
|
11.39
|
9.56
|
|
Peer Median
|
4.98
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
17.69
Lower than Peers by 2.91
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
17.69
|
19.95
|
15.88
|
20.09
|
22.77
|
|
Peer Median
|
20.61
|
--
|
--
|
--
|
--
|
Asset Turnover
0.39
Lower than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
0.39
|
0.50
|
0.51
|
0.43
|
0.35
|
|
Peer Median
|
0.40
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
--
|
63.79
|
62.10
|
75.42
|
82.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
--
|
159.98
|
165.67
|
191.64
|
218.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
--
|
120.44
|
135.23
|
147.48
|
168.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
--
|
103.33
|
92.54
|
119.58
|
131.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
30.74
Lower than Peers by 13.15
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
30.74
|
18.92
|
16.33
|
14.04
|
28.04
|
|
Peer Median
|
43.90
|
--
|
--
|
--
|
--
|
Price / Book Value
7.92
Lower than Peers by 0.08
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
7.92
|
5.77
|
4.43
|
4.47
|
3.29
|
|
Peer Median
|
8.00
|
--
|
--
|
--
|
--
|
Dividend Yield
2.94
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
2.94
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
15.18
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
15.18
|
12.68
|
10.28
|
12.10
|
13.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
304,257
Higher than Peers by 301,817
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Novartis AG - ADR
|
304,257
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,440
|
--
|
--
|
--
|
--
|