Novartis Ag (NVS) Minority Interest (2009 - 2026)
Novartis Ag's Minority Interest came in at $336 million for Q3 2026, down 20.4% from $422 million a year earlier and down 16.8% from the prior quarter.
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Analysis
Novartis Ag (NVS) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Novartis Ag's Minority Interest was $419 million, up 423.8% from FY2024.
- Minority Interest carries a five-year compound annual growth rate of 43.9% (FY2020 to FY2025).
- Going back by year, Minority Interest was $80 million in FY2024 (-3.6%), $83 million in FY2023 (+2.5%), $81 million in FY2022 (-51.5%) and $167 million in FY2021 (+145.6%).
- The Q3 2026 figure represents the lowest quarterly Minority Interest since Q2 2025.
- Year-over-year, Minority Interest increased in five of the last eight quarters, with growth averaging 183.6%.
- The fastest year-over-year change in Minority Interest over five years came in Q2 2026 (growth of 485.5%), and the weakest in Q2 2025 (a decline of 59.2%).
- Business Quant data shows NVS's Minority Interest at $404 million (Q2 2026), $415 million (Q1 2026) and $419 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn |
| 10 | Vertex Pharmaceuticals | 138.78 Bn | 110.77 Bn | 2.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 336.00 Mn |
| Jun 30, 2026 | 404.00 Mn |
| Mar 31, 2026 | 415.00 Mn |
| Dec 31, 2025 | 419.00 Mn |
| Sep 30, 2025 | 422.00 Mn |
| Jun 30, 2025 | 69.00 Mn |
| Mar 31, 2025 | 83.00 Mn |
| Dec 31, 2024 | 80.00 Mn |
| Sep 30, 2024 | 124.00 Mn |
| Jun 30, 2024 | 169.00 Mn |
| Mar 31, 2024 | 81.00 Mn |
| Dec 31, 2023 | 83.00 Mn |
| Sep 30, 2023 | 81.00 Mn |
| Jun 30, 2023 | 84.00 Mn |
| Mar 31, 2023 | 83.00 Mn |
| Dec 31, 2022 | 81.00 Mn |
| Sep 30, 2022 | 78.00 Mn |
| Jun 30, 2022 | 81.00 Mn |
| Mar 31, 2022 | 164.00 Mn |
| Dec 31, 2021 | 167.00 Mn |
API Access
Novartis Ag Minority Interest 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=minority-interest&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();