Novartis Ag (NVS) Net Debt Issuances and Repayments (2009 - 2026)
Novartis Ag (NVS) recorded Net Debt Issuances and Repayments of -$682 million in Q3 2026, compared with -$555 million a year earlier.
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Analysis
Novartis Ag (NVS) Net Debt Issuances and Repayments (2009 - 2026) Analysis & Trends
On a TTM basis, Novartis Ag's Net Debt Issuances and Repayments came in at $20.07 billion as of Sep 30, 2026; for FY2025, it was $4.11 billion, down 28.8% from FY2024.
- Annual Net Debt Issuances and Repayments has a five-year compound annual growth rate of -11.6% (FY2020 to FY2025).
- Across earlier years, Net Debt Issuances and Repayments came in at $5.77 billion in FY2024, -$1.68 billion in FY2023, -$604 million in FY2022 and -$5.69 billion in FY2021.
- The Q3 2026 figure is the lowest quarterly Net Debt Issuances and Repayments since Q4 2023.
- On a year-over-year basis, Net Debt Issuances and Repayments rose in three of the last four quarters, with growth averaging 345.2%.
- Peak year-over-year performance for Net Debt Issuances and Repayments in the last five years was growth of 778.5% in Q2 2026, against a decline of 87.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.17 billion (Q2 2026), $11.68 billion (Q1 2026) and $6.9 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | -5.28 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | -4.36 Bn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 9.98 Bn |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | - |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | -682.00 Mn |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 4.91 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | -3.05 Bn |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | -19.00 Mn |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | -24.00 Mn |
| 10 | Vertex Pharmaceuticals | 138.73 Bn | 110.72 Bn | 2.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -682.00 Mn |
| Jun 30, 2026 | 2.17 Bn |
| Mar 31, 2026 | 11.68 Bn |
| Dec 31, 2025 | 6.90 Bn |
| Sep 30, 2025 | -555.00 Mn |
| Jun 30, 2025 | 247.00 Mn |
| Mar 31, 2025 | 1.57 Bn |
| Dec 31, 2024 | -14.00 Mn |
| Sep 30, 2024 | 7.16 Bn |
| Jun 30, 2024 | 892.00 Mn |
| Mar 31, 2024 | 1.22 Bn |
| Dec 31, 2023 | -3.77 Bn |
| Sep 30, 2023 | 1.81 Bn |
| Jun 30, 2023 | -709.00 Mn |
| Mar 31, 2023 | 997.00 Mn |
| Dec 31, 2022 | -1.20 Bn |
| Sep 30, 2022 | 1.00 Bn |
| Jun 30, 2022 | 405.00 Mn |
| Mar 31, 2022 | 475.00 Mn |
| Dec 31, 2021 | -1.65 Bn |
API Access
Novartis Ag Net Debt Issuances and Repayments 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=net-debt-issuances-and-repayments&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-debt-issuances-and-repayments", "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=net-debt-issuances-and-repayments&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();