Novartis Ag NVS
NYSE NVS
$160.38 -2.91 (-1.78%)
At close: Nov 11, 2026 · 4:00 PM EST

Novartis Ag (NVS) Asset Utilization Ratio (2009 - 2026)

Updated

Novartis Ag's (NVS) Asset Utilization Ratio stood at 0.46 in Q2 2026, down 12.7% from 0.52 a year earlier and down 4.0% from the prior quarter.

Analysis

Novartis Ag (NVS) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

For FY2025, Novartis Ag's Asset Utilization Ratio came in at 0.51, up 2.8% from FY2024.

  • Annual Asset Utilization Ratio has increased for four straight years.
  • Across earlier years, Asset Utilization Ratio came in at 0.50 in FY2024 (+19.1%), 0.42 in FY2023 (+23.4%), 0.34 in FY2022 (+2.7%) and 0.33 in FY2021 (-16.6%).
  • The Q2 2026 figure is the lowest quarterly Asset Utilization Ratio since Q4 2023.
  • On a year-over-year basis, Asset Utilization Ratio rose in six of the last eight quarters, with growth averaging 4.5%.
  • Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 27.8% in Q2 2024, against a decline of 12.7% in Q2 2026 at the low end.
  • Per Business Quant, the preceding three quarters came in at 0.47 (Q1 2026), 0.50 (Q4 2025) and 0.51 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Eli Lilly 1,348.13 Bn 1,321.74 Bn 20.46 Bn 0.60
2 Johnson & Johnson 675.90 Bn 595.76 Bn 17.30 Bn 0.50
3 AbbVie 519.45 Bn 487.50 Bn 13.12 Bn 0.47
4 Merck 364.95 Bn 327.95 Bn 13.19 Bn 0.51
5 Novartis Ag 311.58 Bn 285.16 Bn - -
6 Astrazeneca 289.34 Bn 262.94 Bn 13.26 Bn 0.50
7 Amgen 251.64 Bn 203.30 Bn 7.58 Bn 0.41
8 Gilead Sciences 212.05 Bn 187.07 Bn 6.73 Bn 0.62
9 Pfizer 167.35 Bn 115.00 Bn 12.56 Bn 0.31
10 Vertex Pharmaceuticals 138.90 Bn 106.64 Bn 2.91 Bn 0.43
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.46
Mar 31, 2026 0.47
Dec 31, 2025 0.50
Sep 30, 2025 0.51
Jun 30, 2025 0.52
Mar 31, 2025 0.51
Dec 31, 2024 0.49
Sep 30, 2024 0.48
Jun 30, 2024 0.50
Mar 31, 2024 0.48
Dec 31, 2023 0.43
Sep 30, 2023 0.40
Jun 30, 2023 0.39
Mar 31, 2023 0.39
Dec 31, 2022 0.39
Sep 30, 2022 0.41
Jun 30, 2022 0.42
Mar 31, 2022 0.40
Dec 31, 2021 0.41
Sep 30, 2021 0.42
API Access

Novartis Ag Asset Utilization Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NVS&period=max&api_key=YOUR_API_KEY