Novartis Ag (NVS) Interest Coverage Ratio (2009 - 2026)
Novartis Ag's (NVS) Interest Coverage Ratio was 10.28 for Q2 2026, down 38.9% from 16.83 a year earlier and down 16.7% from the prior quarter.
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Analysis
Novartis Ag (NVS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Novartis Ag's Interest Coverage Ratio came in at 12.30, down 19.0% year-over-year; for FY2025, it was 15.42, up 6.7% from FY2024.
- Interest Coverage Ratio has increased for three consecutive years.
- By year, Interest Coverage Ratio came in at 14.46 in FY2024 (+26.5%), 11.43 in FY2023 (+15.0%), 9.93 in FY2022 (-22.3%) and 12.78 in FY2021 (+9.4%).
- The Q2 2026 figure ranks as the lowest quarterly Interest Coverage Ratio since Q3 2023.
- Year over year, Interest Coverage Ratio has now declined in each of the last three quarters, with growth averaging 4.9% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2024 (growth of 73.1%); the low point was Q3 2022 (a decline of 44.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.35 (Q1 2026), 11.89 (Q4 2025) and 16.02 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 25.41 |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | - |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 10.28 |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 7.27 |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 5.22 |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | -42.08 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | - |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.28 |
| Mar 31, 2026 | 12.35 |
| Dec 31, 2025 | 11.89 |
| Sep 30, 2025 | 16.02 |
| Jun 30, 2025 | 16.83 |
| Mar 31, 2025 | 17.27 |
| Dec 31, 2024 | 12.84 |
| Sep 30, 2024 | 13.74 |
| Jun 30, 2024 | 16.32 |
| Mar 31, 2024 | 15.26 |
| Dec 31, 2023 | 11.90 |
| Sep 30, 2023 | 7.94 |
| Jun 30, 2023 | 13.00 |
| Mar 31, 2023 | 13.09 |
| Dec 31, 2022 | 8.48 |
| Sep 30, 2022 | 8.86 |
| Jun 30, 2022 | 11.03 |
| Mar 31, 2022 | 14.19 |
| Dec 31, 2021 | 12.44 |
| Sep 30, 2021 | 16.00 |
API Access
Novartis Ag Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();