Novartis Ag (NVS) Change in Working Capital (2009 - 2026)
Novartis Ag (NVS) posted Change in Working Capital of $232 million for Q2 2026, down 47.5% from $442 million a year earlier.
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Analysis
Novartis Ag (NVS) Change in Working Capital (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Working Capital at Novartis Ag was -$1.7 billion; for FY2025, it came in at -$1.58 billion.
- In prior years, Novartis Ag's Change in Working Capital was -$706 million in FY2024 and -$369 million in FY2023.
- Quarterly Change in Working Capital has run from a low of -$1.77 billion in Q1 2025 to a high of $442 million in Q2 2025 over five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn | - |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn | - |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn | -423.00 Mn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn | 232.00 Mn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn | - |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn | - |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn | 1.82 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn | - |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 232.00 Mn |
| Mar 31, 2026 | -787.00 Mn |
| Dec 31, 2025 | -1.59 Bn |
| Jun 30, 2025 | 442.00 Mn |
| Mar 31, 2025 | -1.77 Bn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2017 | 3.42 Bn |
| Jun 30, 2017 | 3.40 Bn |
| Mar 31, 2017 | 3.45 Bn |
| Dec 31, 2016 | -3.33 Bn |
| Sep 30, 2016 | 3.33 Bn |
| Jun 30, 2016 | 3.36 Bn |
| Mar 31, 2016 | 3.69 Bn |
| Mar 31, 2014 | 4.10 Bn |
| Dec 31, 2013 | 3.34 Bn |
| Sep 30, 2013 | 3.78 Bn |
| Jun 30, 2013 | 3.70 Bn |
| Mar 31, 2013 | 4.11 Bn |
| Dec 31, 2012 | 3.78 Bn |
| Sep 30, 2012 | 3.87 Bn |
API Access
Novartis Ag Change in Working Capital 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=change-in-working-capital&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "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=change-in-working-capital&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();