Novartis Ag (NVS) FCF Margin (2009 - 2025)

Novartis Ag (NVS) posted FCF Margin of 49.77% for Q2 2025, up 57.38% sequentially from 31.63% in Q4 2024, and up 873.0% YoY from 5.12% in Q2 2024.

Novartis Ag (NVS) FCF Margin (2009 - 2025) Analysis & Trends

Novartis Ag (NVS) has 15 years of FCF Margin data on file, last reported at 49.77% in Q2 2025.

  • Quarterly FCF Margin rose 873.0% year-over-year to 49.77% in Q2 2025, while the trailing twelve-month figure through Jun 2025 was 20.87% (down 614.0% YoY) and the FY2025 annual result came in at 32.27%, down 3.0% from the prior year.
  • FCF Margin improved to 49.77% in Q2 2025 per NVS's latest filing, from 31.63% in the prior quarter.
  • The five-year high for FCF Margin was 2248.03% in Q4 2022, with the low at 26.5% in Q4 2021.
  • Average FCF Margin over 5 years is 215.39%, with a median of 45.41% recorded in 2024.
  • Year-over-year, FCF Margin sank 287020 bps in 2021 and soared 222153 bps in 2022.
  • Novartis Ag's FCF Margin stood at 26.5% in 2021, then surged by 8383 bps to 2248.03% in 2022, then slumped by 99 bps to 31.21% in 2023, then gained by 1 bps to 31.63% in 2024, then soared by 57 bps to 49.77% in 2025.
  • Business Quant data shows NVS's FCF Margin at 49.77% in Q2 2025, 31.63% in Q4 2024, and 41.04% in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 15.19%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 6.09%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 23.76%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 3.80%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 17.97%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 17.14%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 34.87%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 93.16%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 23.98%

Historic Data

Download Data
DateValue
Jun 30, 2025 49.77%
Dec 31, 2024 31.63%
Jun 30, 2024 41.04%
Dec 31, 2023 31.21%
Jun 30, 2023 33.23%
Mar 31, 2023 51.85%
Dec 31, 2022 2,248.03%
Sep 30, 2022 93.64%
Jun 30, 2022 31.39%
Dec 31, 2021 26.50%
Sep 30, 2021 155.31%
Jun 30, 2021 34.37%
Mar 31, 2021 87.54%
Dec 31, 2020 2,896.69%
Sep 30, 2020 117.23%
Jun 30, 2020 37.01%
Jun 30, 2019 28.82%
Mar 31, 2019 120.00%
Dec 31, 2018 194.74%
Jun 30, 2018 31.91%