Novartis Ag (NVS) Operating Leases (2019 - 2025)

Novartis Ag (NVS) posted Operating Leases of $1.7 billion for Q4 2025, up 3625.53% sequentially from -$47.0 million in Q4 2024, and up 3625.53% YoY from $44.5 million in Q4 2024.

Novartis Ag (NVS) Operating Leases (2019 - 2025) Analysis & Trends

Novartis Ag (NVS) has 7 years of Operating Leases data on file, last reported at $1.7 billion in Q4 2025.

  • Quarterly Operating Leases rose 3625.53% year-over-year to $1.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.7 billion (up 3625.53% YoY) and the FY2025 annual result came in at $1.7 billion, up 3625.53% from the prior year.
  • Operating Leases rose to $1.7 billion in Q4 2025 per NVS's latest filing, from -$47.0 million in the prior quarter.
  • The five-year high for Operating Leases was $1.9 billion in Q4 2021, with the low at -$47.0 million in Q4 2024.
  • Average Operating Leases over 5 years is $399.3 million, with a median of -$12.0 million recorded in 2022.
  • Year-over-year, Operating Leases jumped 4409.09% in 2021 and plunged 132.19% in 2024.
  • Novartis Ag's Operating Leases stood at $1.9 billion in 2021, then slumped by 98.79% to $23.0 million in 2022, then jumped by 534.78% to $146.0 million in 2023, then sank by 132.19% to -$47.0 million in 2024, then jumped by 3625.53% to $1.7 billion in 2025.
  • Business Quant data shows NVS's Operating Leases at $1.7 billion in Q4 2025, -$47.0 million in Q4 2024, and -$45.0 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.66 Bn
Dec 31, 2024 -47.00 Mn
Sep 30, 2024 -45.00 Mn
Dec 31, 2023 146.00 Mn
Dec 31, 2022 23.00 Mn
Sep 30, 2022 -12.00 Mn
Jun 30, 2022 -12.00 Mn
Mar 31, 2022 -12.00 Mn
Dec 31, 2021 1.90 Bn
Dec 31, 2020 -44.00 Mn
Sep 30, 2020 -44.00 Mn
Jun 30, 2020 -44.00 Mn
Mar 31, 2020 -44.00 Mn
Dec 31, 2019 96.00 Mn