Novartis Ag (NVS) Invested Capital (2009 - 2026)
Novartis Ag's (NVS) quarterly Invested Capital came in at $51.5 billion in Q2 2026, up 2.31% year-over-year from $50.4 billion in Q2 2025, and up 10.72% quarter-over-quarter from $46.5 billion in Q1 2026.
Analysis
Novartis Ag (NVS) Invested Capital (2009 - 2026) Analysis & Trends
Novartis Ag has disclosed Invested Capital across 18 years of filings, most recently posting $51.5 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 2.31% year-over-year to $51.5 billion; the TTM figure through Jun 2026 stood at $51.5 billion (up 2.31% YoY), while the FY2025 annual figure was $52.8 billion, changed 0.32% from the prior year.
- Invested Capital came in at $51.5 billion for Q2 2026 at Novartis Ag, up from $46.5 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $70.1 billion in Q2 2022 to a low of $43.7 billion in Q3 2023.
- Average Invested Capital over 5 years is $55.0 billion, with a median of $52.6 billion recorded in 2025.
- Year-over-year, Invested Capital sank 35.69% in 2023 and rose 14.42% in 2024.
- Over 5 years, Invested Capital stood at $66.2 billion in 2022, then dropped by 19.13% to $53.5 billion in 2023, then decreased by 1.03% to $53.0 billion in 2024, then retreated by 0.32% to $52.8 billion in 2025, then decreased by 2.46% to $51.5 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $51.5 billion in Q2 2026, $46.5 billion in Q1 2026, and $52.8 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 650.65 Bn | 629.89 Bn | 17.26 Bn | 145.70 Bn |
| 2 | AbbVie | 466.34 Bn | 459.82 Bn | 12.70 Bn | 64.89 Bn |
| 3 | Merck | 362.11 Bn | 355.02 Bn | 12.21 Bn | 159.97 Bn |
| 4 | Novartis Ag | 267.81 Bn | 260.52 Bn | 11.24 Bn | 51.53 Bn |
| 5 | Pfizer | 157.31 Bn | 145.91 Bn | 10.94 Bn | 148.69 Bn |
| 6 | Bristol Myers Squibb | 128.75 Bn | 117.69 Bn | 9.25 Bn | 66.21 Bn |
| 7 | Sanofi | 51.80 Bn | 44.84 Bn | 10.79 Bn | 106.05 Bn |
| 8 | Revolution Medicines | 40.91 Bn | 40.91 Bn | - | - |
| 9 | BeOne Medicines | 39.65 Bn | 34.55 Bn | 1.53 Bn | 6.25 Bn |
| 10 | Incyte | 25.18 Bn | 20.65 Bn | 1.57 Bn | 6.38 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.53 Bn |
| Mar 31, 2026 | 46.54 Bn |
| Dec 31, 2025 | 52.83 Bn |
| Sep 30, 2025 | 52.27 Bn |
| Jun 30, 2025 | 50.37 Bn |
| Mar 31, 2025 | 46.25 Bn |
| Dec 31, 2024 | 53.00 Bn |
| Sep 30, 2024 | 50.01 Bn |
| Jun 30, 2024 | 49.43 Bn |
| Mar 31, 2024 | 48.10 Bn |
| Dec 31, 2023 | 53.55 Bn |
| Sep 30, 2023 | 43.70 Bn |
| Jun 30, 2023 | 60.22 Bn |
| Mar 31, 2023 | 59.11 Bn |
| Dec 31, 2022 | 66.22 Bn |
| Sep 30, 2022 | 67.95 Bn |
| Jun 30, 2022 | 70.05 Bn |
| Mar 31, 2022 | 68.40 Bn |
| Dec 31, 2021 | 75.02 Bn |
| Sep 30, 2021 | 66.27 Bn |