Novartis Ag (NVS) Debt to Equity (2015 - 2025)

Novartis Ag (NVS) posted Debt to Equity of $0.62 for Q4 2025, up 24.87% sequentially from $0.5 in Q4 2024, and up 24.87% YoY from $0.5 in Q4 2024.

Novartis Ag (NVS) Debt to Equity (2015 - 2025) Analysis & Trends

Novartis Ag (NVS) has 10 years of Debt to Equity data on file, last reported at $0.62 in Q4 2025.

  • Quarterly Debt to Equity rose 24.87% year-over-year to $0.62 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $0.62 (up 24.87% YoY) and the FY2025 annual result came in at $0.62, up 24.87% from the prior year.
  • Debt to Equity climbed to $0.62 in Q4 2025 per NVS's latest filing, from $0.5 in the prior quarter.
  • The five-year high for Debt to Equity was $0.62 in Q4 2025, with the low at $0.41 in Q4 2023.
  • Average Debt to Equity over 5 years is $0.48, with a median of $0.44 recorded in 2022.
  • Year-over-year, Debt to Equity jumped 102.14% in 2021 and fell 7.44% in 2023.
  • Novartis Ag's Debt to Equity stood at $0.43 in 2021, then rose by 2.32% to $0.44 in 2022, then decreased by 7.44% to $0.41 in 2023, then grew by 22.33% to $0.5 in 2024, then grew by 24.87% to $0.62 in 2025.
  • Business Quant data shows NVS's Debt to Equity at $0.62 in Q4 2025, $0.5 in Q4 2024, and $0.41 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 1.39
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 0.68
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -9.70
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 1.07
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 6.24
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 0.94
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 0.72
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 0.62
Dec 31, 2024 0.48
Dec 31, 2023 0.41
Dec 31, 2022 0.44
Dec 31, 2021 0.43
Dec 31, 2020 -20.11
Dec 31, 2019 -4.52
Dec 31, 2018 -335.81
Dec 31, 2017 405.36
Dec 31, 2016 0.34
Dec 31, 2015 0.28