Novartis Ag (NVS) EV to FCF (2009 - 2026)
Novartis Ag's (NVS) EV to FCF came in at 15.05 for Q2 2026, up 40.0% from 10.75 a year earlier and up 6.5% from the prior quarter.
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Analysis
Novartis Ag (NVS) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Novartis Ag was 13.59, up 48.7% year-over-year; for FY2025, it was 14.32, up 30.1% from FY2024.
- In prior years, Novartis Ag's EV to FCF was 11.00 in FY2024 (-23.2%), 14.33 in FY2023 (+10.1%), 13.02 in FY2022 (+9.0%) and 11.95 in FY2021 (-26.7%).
- The Q2 2026 figure stands as the highest quarterly EV to FCF since Q3 2013.
- On a year-over-year basis, EV to FCF has increased in each of the last three quarters, with growth averaging 4.1% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q2 2026, with growth of 40.0%; the weakest was Q4 2021, with a decline of 24.1%.
- According to Business Quant data, EV to FCF for the three prior quarters was 14.14 (Q1 2026), 12.58 (Q4 2025) and 11.14 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn |
| 10 | Vertex Pharmaceuticals | 138.73 Bn | 110.72 Bn | 2.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.05 |
| Mar 31, 2026 | 14.14 |
| Dec 31, 2025 | 12.58 |
| Sep 30, 2025 | 11.14 |
| Jun 30, 2025 | 10.75 |
| Mar 31, 2025 | 10.72 |
| Dec 31, 2024 | 9.68 |
| Sep 30, 2024 | 13.27 |
| Jun 30, 2024 | 13.33 |
| Mar 31, 2024 | 13.03 |
| Dec 31, 2023 | 12.74 |
| Sep 30, 2023 | 12.30 |
| Jun 30, 2023 | 12.81 |
| Mar 31, 2023 | 11.44 |
| Dec 31, 2022 | 11.75 |
| Sep 30, 2022 | 10.27 |
| Jun 30, 2022 | 11.26 |
| Mar 31, 2022 | 11.57 |
| Dec 31, 2021 | 10.59 |
| Sep 30, 2021 | 11.04 |
API Access
Novartis Ag EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "NVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();