Novartis Ag (NVSEF) Tax Rate (2009 - 2025)

Novartis Ag (NVSEF) posted Tax Rate of 11.19% for Q2 2025, down 67.72% sequentially from 6.67% in Q4 2024, and up 430.0% YoY from 2.11% in Q2 2024.

Novartis Ag (NVSEF) Tax Rate (2009 - 2025) Analysis & Trends

Novartis Ag (NVSEF) has 7 years of Tax Rate data on file, last reported at 11.19% in Q2 2025.

  • Quarterly Tax Rate rose 430.0% year-over-year to 11.19% in Q2 2025, while the trailing twelve-month figure through Jun 2025 was 9.59% (down 958.0% YoY) and the FY2025 annual result came in at 14.59%, up 211.0% from the prior year.
  • Tax Rate retreated to 11.19% in Q2 2025 per NVSEF's latest filing, from 6.67% in the prior quarter.
  • The five-year high for Tax Rate was 5.03% in Q4 2023, with the low at 50.92% in Q3 2021.
  • Average Tax Rate over 5 years is 13.35%, with a median of 11.01% recorded in 2021.
  • Year-over-year, Tax Rate surged 5089 bps in 2022 and slumped 1170 bps in 2024.
  • Novartis Ag's Tax Rate stood at 10.83% in 2021, then jumped by 50 bps to 5.39% in 2022, then soared by 193 bps to 5.03% in 2023, then tumbled by 233 bps to 6.67% in 2024, then plunged by 68 bps to 11.19% in 2025.
  • Business Quant data shows NVSEF's Tax Rate at 11.19% in Q2 2025, 6.67% in Q4 2024, and 15.49% in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 16.43%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 12.60%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 32.92%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 78.72%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -20.26%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 12.72%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 21.67%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 14.54%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Novartis Ag - - - -

Historic Data

Download Data
DateValue
Jun 30, 2025 -11.19
Jun 30, 2025 -11.19
Dec 31, 2024 -6.67
Dec 31, 2024 -6.67
Jun 30, 2024 -15.49
Jun 30, 2024 -15.49
Dec 31, 2023 5.03
Dec 31, 2023 5.03
Jun 30, 2023 -15.07
Jun 30, 2023 -15.07
Mar 31, 2023 -0.01
Mar 31, 2023 -0.01
Dec 31, 2022 -5.39
Dec 31, 2022 -5.39
Sep 30, 2022 -29.24
Sep 30, 2022 -29.24
Jun 30, 2022 -16.99
Jun 30, 2022 -16.99
Mar 31, 2022 -47.07
Mar 31, 2022 -47.07