Novartis Ag (NVS) Tax Rate (2017 - 2026)
Novartis Ag (NVS) posted Tax Rate of 23.71% for Q2 2026, up 12.52 percentage points from 11.19% a year earlier.
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Analysis
Novartis Ag (NVS) Tax Rate (2017 - 2026) Analysis & Trends
For FY2025, Novartis Ag's Tax Rate came in at 14.59%, up 2.11 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -3.71 percentage points (FY2020 to FY2025).
- In prior years, Novartis Ag's Tax Rate was 12.47% in FY2024, 15.72% in FY2022 (+9.09 pp) and 6.62% in FY2021 (-11.67 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate in data going back to Q2 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 23.26% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | - |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 12.61% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 8.85% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | - |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 17.54% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 20.70% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 3.96% |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 16.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.71% |
| Jun 30, 2025 | 11.19% |
| Jun 30, 2024 | 15.49% |
| Dec 31, 2023 | 10.98% |
| Jun 30, 2023 | 15.07% |
| Jun 30, 2022 | 16.99% |
| Jun 30, 2021 | 17.43% |
| Jun 30, 2020 | 18.40% |
| Jun 30, 2019 | 19.93% |
| Jun 30, 2018 | 5.42% |
| Jun 30, 2017 | 14.51% |
API Access
Novartis Ag Tax Rate 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=tax-rate&ticker=NVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();