Novartis Ag (NVS) FCF Payout Ratio (2009 - 2026)
Novartis Ag's (NVS) quarterly FCF Payout Ratio came in at 0.46 in Q2 2026, down 30.28% year-over-year from 0.66 in Q2 2025, and up 69.96% quarter-over-quarter from 1.54 in Q1 2026.
Analysis
Novartis Ag (NVS) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.46 for Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 30.28% year-over-year to 0.46; the TTM figure through Jun 2026 stood at 0.6 (up 1.83% YoY), while the FY2025 annual figure was 0.38, up 5.91% from the prior year.
- FCF Payout Ratio came in at 0.46 for Q2 2026 at Novartis Ag, up from 1.54 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.36 in Q2 2025 to a low of 3.94 in Q1 2022.
- Average FCF Payout Ratio over 5 years is 1.43, with a median of 1.18 recorded in 2024.
- Year-over-year, FCF Payout Ratio surged 41.05% in 2023 and slumped 30.28% in 2026.
- Over 5 years, FCF Payout Ratio stood at 3.94 in 2022, then surged by 41.05% to 2.32 in 2023, then soared by 57.34% to 0.99 in 2024, then grew by 27.7% to 0.72 in 2025, then soared by 35.36% to 0.46 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.46 in Q2 2026, 1.54 in Q1 2026, and 0.72 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 0.44 |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 0.99 |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 0.48 |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | 0.46 |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | 8.12 |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | 1.77 |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | - |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | - |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.46 |
| Mar 31, 2026 | -1.54 |
| Dec 31, 2025 | -0.72 |
| Jun 30, 2025 | -0.36 |
| Mar 31, 2025 | -1.37 |
| Dec 31, 2024 | -0.99 |
| Jun 30, 2024 | -0.47 |
| Mar 31, 2024 | -2.09 |
| Mar 31, 2023 | -2.32 |
| Mar 31, 2022 | -3.94 |
| Mar 31, 2021 | -3.10 |
| Dec 31, 2020 | 5.10 |
| Mar 31, 2020 | -2.53 |
| Dec 31, 2019 | -1.51 |
| Mar 31, 2019 | -2.47 |
| Mar 31, 2018 | -2.51 |
| Mar 31, 2017 | -2.72 |
| Dec 31, 2016 | -0.99 |
| Mar 31, 2016 | -3.36 |
| Dec 31, 2015 | -0.95 |