Novartis Ag (NVS) Net Margin (2009 - 2026)
Novartis Ag (NVS) posted Net Margin of 22.65% for Q2 2026, down 6.10 percentage points from 28.75% a year earlier and down 5.38 percentage points from the prior quarter.
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Analysis
Novartis Ag (NVS) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Novartis Ag was 28.80%, down 5.30 percentage points year-over-year; for FY2025, it came in at 25.64%, down 1.04 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +9.05 percentage points (FY2020 to FY2025).
- In prior years, Novartis Ag's Net Margin was 26.68% in FY2024 (-6.00 pp), 32.68% in FY2023 (+16.20 pp), 16.48% in FY2022 (-39.67 pp) and 56.15% in FY2021 (+39.56 pp).
- Quarterly Net Margin has run from a low of 13.25% in Q2 2022 to a high of 123.26% in Q4 2021 over five years.
- On a year-over-year basis, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -2.42 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 106.82 percentage points; the weakest was Q4 2022, with a drop of 109.40 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 28.03% (Q1 2026), 16.98% (Q4 2025) and 47.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 19.55% |
| 10 | Vertex Pharmaceuticals | 138.78 Bn | 110.77 Bn | 2.91 Bn | 19.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.65% |
| Mar 31, 2026 | 28.03% |
| Dec 31, 2025 | 16.98% |
| Sep 30, 2025 | 47.24% |
| Jun 30, 2025 | 28.75% |
| Mar 31, 2025 | 27.54% |
| Dec 31, 2024 | 31.88% |
| Sep 30, 2024 | 49.02% |
| Jun 30, 2024 | 25.94% |
| Mar 31, 2024 | 19.15% |
| Dec 31, 2023 | 74.24% |
| Sep 30, 2023 | 14.96% |
| Jun 30, 2023 | 20.25% |
| Mar 31, 2023 | 21.24% |
| Dec 31, 2022 | 13.86% |
| Sep 30, 2022 | 15.01% |
| Jun 30, 2022 | 13.25% |
| Mar 31, 2022 | 17.71% |
| Dec 31, 2021 | 123.26% |
| Sep 30, 2021 | 21.17% |
API Access
Novartis Ag Net Margin 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-margin&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();