Growth Metrics

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

Novartis Ag recorded quarterly Debt to Equity of $0.62 in Q4 2025, up 24.87% quarter-over-quarter from $0.5 in Q4 2024, and up 24.87% year-over-year from $0.5 in Q4 2024.

Novartis Ag's Debt to Equity history runs 11 years deep, the most recent figure standing at $0.62 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 24.87% year-over-year to $0.62; the TTM figure through Dec 2025 stood at $0.62 (up 24.87% YoY), while the FY2025 annual figure was $0.62, up 24.87% from the prior year.
  • Debt to Equity came in at $0.62 for Q4 2025 at Novartis Ag, up from $0.5 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.62 in Q4 2025 to a low of $0.41 in Q4 2023.
  • A 5-year average of $0.48 and a median of $0.44 in 2022 frame the typical range for Debt to Equity.
  • Across the five-year window, Debt to Equity jumped 102.14% in 2021 and slipped 7.44% in 2023, its largest moves.
  • Novartis Ag's Debt to Equity stood at $0.43 in 2021, then grew by 2.32% to $0.44 in 2022, then fell by 7.44% to $0.41 in 2023, then advanced by 22.33% to $0.5 in 2024, then advanced by 24.87% to $0.62 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.62, $0.5, and $0.41 for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - -
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn 1.39
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn 0.68
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn -9.70
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn 1.07
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn 6.24
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 0.94
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn 0.72
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn 2.22
10 Gsk 88.34 Bn 83.66 Bn - 1.08

Historic Data

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DateValue
Dec 31, 2025 0.62
Dec 31, 2024 0.50
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 0.00
Dec 31, 2015 0.00