Novartis Ag NVS
NYSE NVS
$137.50 +0.02 (+0.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Novartis Ag (NVS) EBITDA Margin (2009 - 2026)

Novartis Ag's (NVS) quarterly EBITDA Margin came in at 32.97% in Q2 2026, down 164.0% year-over-year from 51.51% in Q2 2025, and up 2.08% quarter-over-quarter from 32.3% in Q1 2026.

Analysis

Novartis Ag (NVS) EBITDA Margin (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed EBITDA Margin across 18 years of filings, most recently posting 32.97% for Q2 2026.

  • In Q2 2026, EBITDA Margin fell 164.0% year-over-year to 32.97%; the TTM figure through Jun 2026 stood at 33.49% (up 691.0% YoY), while the FY2025 annual figure was 32.36%, up 345.0% from the prior year.
  • EBITDA Margin came in at 32.97% for Q2 2026 at Novartis Ag, up from 32.3% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 44.75% in Q1 2023 to a low of 14.96% in Q3 2023.
  • Average EBITDA Margin over 5 years is 28.28%, with a median of 30.18% recorded in 2024.
  • Year-over-year, EBITDA Margin slumped 942 bps in 2022 and soared 2199 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 19.57% in 2022, then grew by 8 bps to 21.13% in 2023, then decreased by 6 bps to 19.88% in 2024, then surged by 76 bps to 34.91% in 2025, then declined by 6 bps to 32.97% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 32.97% in Q2 2026, 32.3% in Q1 2026, and 34.91% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Johnson & Johnson 641.14 Bn 620.38 Bn 17.26 Bn 28.21%
2 AbbVie 451.04 Bn 444.47 Bn 12.70 Bn 37.86%
3 Merck 357.43 Bn 350.29 Bn 12.21 Bn -3.52%
4 Novartis Ag 266.73 Bn 259.04 Bn 11.24 Bn 32.97%
5 Pfizer 157.52 Bn 145.82 Bn 10.94 Bn 28.37%
6 Sanofi 52.14 Bn 44.76 Bn 10.79 Bn 9.03%
7 Revolution Medicines 42.88 Bn 42.88 Bn - -
8 Incyte 24.70 Bn 20.16 Bn 1.57 Bn 41.69%
9 United Therapeutics 21.47 Bn 18.80 Bn 683.80 Mn 42.23%
10 Neurocrine Biosciences 15.82 Bn 15.43 Bn 935.80 Mn 15.80%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.97%
Mar 31, 2026 32.30%
Dec 31, 2025 34.91%
Sep 30, 2025 32.36%
Jun 30, 2025 34.61%
Mar 31, 2025 35.24%
Dec 31, 2024 19.88%
Sep 30, 2024 28.29%
Jun 30, 2024 32.08%
Mar 31, 2024 43.83%
Dec 31, 2023 21.13%
Sep 30, 2023 14.96%
Jun 30, 2023 24.54%
Mar 31, 2023 44.75%
Dec 31, 2022 19.57%
Sep 30, 2022 17.40%
Jun 30, 2022 17.43%
Mar 31, 2022 22.76%
Dec 31, 2021 23.23%
Sep 30, 2021 24.81%