Novartis Ag (NVS) Capital Expenditures (2009 - 2025)
Novartis Ag (NVS) reported Capital Expenditures of $321 million for Q2 2026, down 3.0% from $331 million a year earlier.
Novartis Ag (NVS) Capital Expenditures (2009 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Novartis Ag's Capital Expenditures came in at -$988 million; for FY2025, it came in at $1.55 billion, up 13.3% from FY2024.
- Capital Expenditures has increased for three consecutive years, with a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $1.37 billion in FY2024 (+28.9%), $1.06 billion in FY2023 (+15.7%), $916 million in FY2022 (-14.1%) and $1.07 billion in FY2021 (-16.4%).
- Five-year quarterly Capital Expenditures spans a low of -$609 million in Q4 2025 and a high of $331 million in Q2 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$346 million (Q1 2026), -$609 million (Q4 2025) and -$354 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Yr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 7.84 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 4.83 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 1.21 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 4.11 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | 1.55 Bn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 2.81 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 1.86 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 563.00 Mn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 2.63 Bn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 437.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.55 Bn |
| Dec 31, 2024 | 1.37 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 916.00 Mn |
| Dec 31, 2021 | 1.07 Bn |
| Dec 31, 2020 | 1.28 Bn |
| Dec 31, 2019 | 1.38 Bn |
| Dec 31, 2018 | 1.25 Bn |
| Dec 31, 2017 | 1.33 Bn |
| Dec 31, 2016 | 1.86 Bn |
| Dec 31, 2015 | 2.37 Bn |
| Dec 31, 2014 | -2.62 Bn |
| Dec 31, 2013 | -2.90 Bn |
| Dec 31, 2012 | -2.46 Bn |
| Dec 31, 2011 | -2.17 Bn |
| Dec 31, 2010 | -1.68 Bn |
| Dec 31, 2009 | -1.89 Bn |
Novartis Ag Capital Expenditures 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=capital-expenditures-annual&ticker=NVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures-annual", "ticker": "NVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures-annual&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();