Novartis Ag NVS
NYSE NVS
$158.86 +2.62 (+1.68%)
As of: Aug 21, 2026 · 3:59 PM EDT

Novartis Ag (NVS) Tax Rate (2009 - 2026)

Novartis Ag (NVS) posted Tax Rate of 23.71% for Q2 2026, up 111.86% sequentially from 11.19% in Q2 2025, and up 1252.0% YoY from 1.75% in Q2 2025.

Novartis Ag (NVS) Tax Rate (2009 - 2026) Analysis & Trends

Novartis Ag has reported Tax Rate for 12 years, with the latest figure at 23.71% in Q2 2026.

  • Quarterly Tax Rate rose 1252.0% year-over-year to 23.71% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.83% (up 361.0% YoY) and the FY2025 annual result came in at 14.59%, up 211.0% from the prior year.
  • Tax Rate rose to 23.71% in Q2 2026 per NVS's latest filing, from 11.19% in the prior quarter.
  • Over five years, Tax Rate peaked at 23.71% in Q2 2026 and troughed at 29.24% in Q3 2022.
  • A 5-year average of 8.27% and a median of 15.07% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate tumbled 173 bps in 2022, then jumped 2668 bps in 2025.
  • Over 5 years, Tax Rate stood at 18.55% in 2022, then advanced by 16 bps to 15.63% in 2023, then climbed by 5 bps to 14.86% in 2024, then surged by 175 bps to 11.19% in 2025, then jumped by 112 bps to 23.71% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 23.71%, 11.19%, and 14.86% for Q2 2026, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Johnson & Johnson 652.20 Bn 631.44 Bn 17.26 Bn 17.98%
2 AbbVie 469.51 Bn 462.94 Bn 12.70 Bn 15.47%
3 Merck 376.81 Bn 369.67 Bn 12.21 Bn -95.75%
4 Novartis Ag 303.04 Bn 295.35 Bn 11.24 Bn 23.71%
5 Astrazeneca 257.61 Bn 252.71 Bn 12.86 Bn 10.40%
6 Amgen 237.37 Bn 223.38 Bn 7.24 Bn 14.20%
7 Gilead Sciences 181.73 Bn 178.55 Bn 6.22 Bn -2.36%
8 Pfizer 159.66 Bn 147.96 Bn 10.94 Bn 62.33%
9 Gsk 106.24 Bn 102.07 Bn 8.24 Bn 56.21%
10 Sanofi 55.07 Bn 47.69 Bn 10.79 Bn -3.05%

Historic Data

Download Data
DateValue
Jun 30, 2026 23.71%
Jun 30, 2026 23.71%
Jun 30, 2026 23.71%
Jun 30, 2025 11.19%
Jun 30, 2025 11.19%
Jun 30, 2025 11.19%
Dec 31, 2024 -14.86%
Dec 31, 2024 -14.86%
Dec 31, 2024 -14.86%
Jun 30, 2024 -15.49%
Jun 30, 2024 -15.49%
Jun 30, 2024 -15.49%
Dec 31, 2023 -15.63%
Dec 31, 2023 -15.63%
Dec 31, 2023 -15.63%
Jun 30, 2023 -15.07%
Jun 30, 2023 -15.07%
Jun 30, 2023 -15.07%
Mar 31, 2023 -0.01%
Mar 31, 2023 -0.01%