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| Date | Value |
|---|---|
| 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 |