Novartis Ag (NVS) Debt Ratio (2009 - 2025)

Novartis Ag (NVS) posted Debt Ratio of 0.26 for Q4 2025, down 12.19% sequentially from 0.29 in Q2 2025, and up 20.3% YoY from 0.22 in Q4 2024.

Novartis Ag (NVS) Debt Ratio (2009 - 2025) Analysis & Trends

Novartis Ag (NVS) has 11 years of Debt Ratio data on file, last reported at 0.26 in Q4 2025.

  • Quarterly Debt Ratio rose 20.3% year-over-year to 0.26 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.26 (up 20.3% YoY) and the FY2025 annual result came in at 0.26, up 20.3% from the prior year.
  • Debt Ratio eased to 0.26 in Q4 2025 per NVS's latest filing, from 0.29 in the prior quarter.
  • The five-year high for Debt Ratio was 0.29 in Q2 2025, with the low at 0.17 in Q2 2022.
  • Average Debt Ratio over 5 years is 0.24, with a median of 0.23 recorded in 2022.
  • Year-over-year, Debt Ratio plunged 37.03% in 2022 and surged 38.97% in 2023.
  • Novartis Ag's Debt Ratio stood at 0.22 in 2021, then climbed by 0.6% to 0.22 in 2022, then decreased by 14.43% to 0.19 in 2023, then increased by 12.87% to 0.22 in 2024, then gained by 20.3% to 0.26 in 2025.
  • Business Quant data shows NVS's Debt Ratio at 0.26 in Q4 2025, 0.29 in Q2 2025, and 0.22 in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 0.37
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 0.27
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 0.47
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -0.21
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 0.38
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 0.62
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 0.39
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 0.31
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.26
Jun 30, 2025 0.29
Dec 31, 2024 0.21
Jun 30, 2024 0.28
Dec 31, 2023 0.19
Jun 30, 2023 0.24
Dec 31, 2022 0.22
Jun 30, 2022 0.24
Dec 31, 2021 0.22
Jun 30, 2021 0.27
Dec 31, 2020 0.22
Jun 30, 2020 0.27
Dec 31, 2019 0.18
Jun 30, 2019 0.24
Dec 31, 2018 0.16
Jun 30, 2018 0.23
Dec 31, 2017 0.18
Dec 31, 2016 0.20
Dec 31, 2015 0.17
Dec 31, 2014 0.22