Novartis Ag NVS
NYSE NVS
$156.26 -4.07 (-2.54%)
At close: Aug 20, 2026 · 4:00 PM EDT

Novartis Ag (NVS) Other Working Capital Changes (2022 - 2025)

Novartis Ag (NVS) posted Other Working Capital Changes of -$73.0 million for Q1 2026, little changed sequentially from -$73.0 million in Q4 2025, and down 5.8% YoY from -$77.5 million in Q1 2025.

Novartis Ag (NVS) Other Working Capital Changes (2022 - 2025) Analysis & Trends

Novartis Ag has reported Other Working Capital Changes for 18 years, with the latest figure at -$73.0 million in Q1 2026.

  • Quarterly Other Working Capital Changes fell 5.8% year-over-year to -$73.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$285.0 million (up 10.38% YoY) and the FY2025 annual result came in at -$281.0 million, down 7.25% from the prior year.
  • Other Working Capital Changes was little changed at -$73.0 million in Q1 2026 per NVS's latest filing, from -$73.0 million in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at -$59.0 million in Q2 2024 and troughed at -$126.0 million in Q4 2024.
  • A 4-year average of -$309.0 million and a median of -$317.5 million in 2022 frame the typical range for Other Working Capital Changes.
  • The sharpest annual moves came in 2023 and 2025: Other Working Capital Changes soared 51.24% in 2023, then sank 55.88% in 2025.
  • Over 5 years, Other Working Capital Changes stood at -$64.0 million in 2022, then changed by 0.0% to -$64.0 million in 2023, then slumped by 96.88% to -$126.0 million in 2024, then jumped by 42.06% to -$73.0 million in 2025, then changed by 0.0% to -$73.0 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered -$73.0 million, -$73.0 million, and -$73.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Johnson & Johnson 645.88 Bn 625.12 Bn 17.26 Bn
2 AbbVie 463.46 Bn 456.89 Bn 12.70 Bn
3 Merck 367.92 Bn 360.78 Bn 12.21 Bn
4 Novartis Ag 297.71 Bn 290.02 Bn 11.24 Bn
5 Astrazeneca 255.55 Bn 250.65 Bn 12.86 Bn
6 Amgen 234.52 Bn 220.53 Bn 7.24 Bn
7 Gilead Sciences 178.22 Bn 175.04 Bn 6.22 Bn
8 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn
9 Gsk 105.32 Bn 101.15 Bn 8.24 Bn
10 Sanofi 54.20 Bn 46.82 Bn 10.79 Bn

Historic Data

Download Data
DateValue
Mar 31, 2025 -424.00 Mn
Mar 31, 2025 -424.00 Mn
Mar 31, 2025 -424.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2023 -177.00 Mn
Mar 31, 2023 -177.00 Mn
Mar 31, 2023 -177.00 Mn
Mar 31, 2022 -363.00 Mn
Mar 31, 2022 -363.00 Mn
Mar 31, 2022 -363.00 Mn