Novartis Ag (NVS) Price to FCF (2009 - 2026)
Novartis Ag's Price to FCF came in at 15.43 for Q2 2026, up 39.4% from 11.07 a year earlier and up 6.7% from the prior quarter.
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Analysis
Novartis Ag (NVS) Price to FCF (2009 - 2026) Analysis & Trends
For FY2025, Novartis Ag's Price to FCF was 14.95, up 26.4% from FY2024.
- Going back by year, Price to FCF was 11.83 in FY2024 (-23.2%), 15.40 in FY2023 (+6.7%), 14.44 in FY2022 (+3.4%) and 13.96 in FY2021 (-18.9%).
- The Q2 2026 figure represents the highest quarterly Price to FCF since Q3 2013.
- Year-over-year, Price to FCF has increased for three consecutive quarters, with growth averaging 2.9% over the last eight quarters.
- The fastest year-over-year change in Price to FCF over five years came in Q2 2026 (growth of 39.4%), and the weakest in Q4 2024 (a decline of 24.0%).
- Business Quant data shows NVS's Price to FCF at 14.46 (Q1 2026), 13.13 (Q4 2025) and 11.56 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn |
| 10 | Vertex Pharmaceuticals | 139.96 Bn | 111.95 Bn | 2.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.43 |
| Mar 31, 2026 | 14.46 |
| Dec 31, 2025 | 13.13 |
| Sep 30, 2025 | 11.56 |
| Jun 30, 2025 | 11.07 |
| Mar 31, 2025 | 11.08 |
| Dec 31, 2024 | 10.41 |
| Sep 30, 2024 | 14.11 |
| Jun 30, 2024 | 13.86 |
| Mar 31, 2024 | 13.70 |
| Dec 31, 2023 | 13.70 |
| Sep 30, 2023 | 13.06 |
| Jun 30, 2023 | 13.51 |
| Mar 31, 2023 | 12.20 |
| Dec 31, 2022 | 13.03 |
| Sep 30, 2022 | 11.56 |
| Jun 30, 2022 | 12.57 |
| Mar 31, 2022 | 12.79 |
| Dec 31, 2021 | 12.37 |
| Sep 30, 2021 | 11.54 |
API Access
Novartis Ag Price to FCF 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=price-to-fcf&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();