Novartis Ag (NVS) Deferred Taxes (2009 - 2019)

Novartis Ag (NVS) posted Deferred Taxes of -$5.6 billion for Q2 2019, down 172.71% sequentially from $7.7 billion in Q2 2018, and down 172.71% YoY from $7.7 billion in Q2 2018.

Novartis Ag (NVS) Deferred Taxes (2009 - 2019) Analysis & Trends

Novartis Ag (NVS) has 4 years of Deferred Taxes data on file, last reported at -$5.6 billion in Q2 2019.

  • Quarterly Deferred Taxes fell 172.71% year-over-year to -$5.6 billion in Q2 2019, while the trailing twelve-month figure through Jun 2019 was $3.0 billion (down 64.85% YoY) and the FY2017 annual result came in at $7.7 billion, up 15.0% from the prior year.
  • Deferred Taxes declined to -$5.6 billion in Q2 2019 per NVS's latest filing, from $7.7 billion in the prior quarter.
  • The five-year high for Deferred Taxes was $7.7 billion in Q2 2018, with the low at -$5.6 billion in Q2 2019.
  • Average Deferred Taxes over 3 years is $1.0 billion, with a median of $936.0 million recorded in 2016.
  • The widest YoY moves for Deferred Taxes: up 172.71% in 2019, down 172.71% in 2019.
  • Novartis Ag's Deferred Taxes stood at $936.0 million in 2016, then soared by 725.64% to $7.7 billion in 2018, then slumped by 172.71% to -$5.6 billion in 2019.
  • Business Quant data shows NVS's Deferred Taxes at -$5.6 billion in Q2 2019, $7.7 billion in Q2 2018, and $936.0 million in Q4 2016.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 1.48 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 159.00 Mn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 137.00 Mn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -315.00 Mn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn -176.00 Mn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 179.00 Mn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -12.00 Mn
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 23.60 Mn

Historic Data

Download Data
DateValue
Jun 30, 2019 -5.62 Bn
Jun 30, 2018 7.73 Bn
Dec 31, 2016 936.00 Mn
Dec 31, 2009 2,323.00
Sep 30, 2009 6,097.00
Jun 30, 2009 -10,479.00
Mar 31, 2009 -5,356.00