Novartis Ag (NVS) Operating Leases (2019 - 2026)
Novartis Ag (NVS) recorded Operating Leases of $1.66 billion in Q2 2026, up 4.3% from $1.59 billion a year earlier and unchanged from the prior quarter.
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Analysis
Novartis Ag (NVS) Operating Leases (2019 - 2026) Analysis & Trends
Starting with Q1 2019, Novartis Ag's Operating Leases history includes 30 quarters.
- Annual Operating Leases has a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $1.57 billion in FY2024 (-1.9%), $1.6 billion in FY2023 (+3.9%), $1.54 billion in FY2022 (-5.1%) and $1.62 billion in FY2021 (-5.7%).
- On a year-over-year basis, Operating Leases has increased for six consecutive quarters, with growth averaging 3.9% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 9.8% in Q3 2024, against a decline of 6.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.66 billion (Q1 2026), $1.66 billion (Q4 2025) and $1.64 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,133.15 Bn | 1,101.73 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 616.41 Bn | 534.94 Bn | 17.26 Bn |
| 3 | AbbVie | 501.01 Bn | 474.12 Bn | 12.70 Bn |
| 4 | Merck | 367.15 Bn | 321.53 Bn | 12.21 Bn |
| 5 | Novartis Ag | 298.00 Bn | 261.99 Bn | 11.24 Bn |
| 6 | Astrazeneca | 261.56 Bn | 235.25 Bn | 12.86 Bn |
| 7 | Amgen | 235.40 Bn | 190.80 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 190.38 Bn | 164.57 Bn | 6.22 Bn |
| 9 | Pfizer | 169.76 Bn | 116.40 Bn | 10.94 Bn |
| 10 | Vertex Pharmaceuticals | 131.21 Bn | 103.21 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.66 Bn |
| Sep 30, 2025 | 1.64 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.56 Bn |
| Dec 31, 2024 | 1.57 Bn |
| Sep 30, 2024 | 1.60 Bn |
| Jun 30, 2024 | 1.56 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 31, 2023 | 1.60 Bn |
| Sep 30, 2023 | 1.45 Bn |
| Jun 30, 2023 | 1.55 Bn |
| Mar 31, 2023 | 1.59 Bn |
| Dec 31, 2022 | 1.54 Bn |
| Sep 30, 2022 | 1.50 Bn |
| Jun 30, 2022 | 1.55 Bn |
| Mar 31, 2022 | 1.58 Bn |
| Dec 31, 2021 | 1.62 Bn |
| Sep 30, 2021 | 1.61 Bn |
API Access
Novartis Ag Operating Leases 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=operating-leases&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();