Novartis AG (NVS) stock

NVSNYSEPharmaceutical PreparationsFiscal year ends December 31Also trades as NVSEF

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Feb 4, 2026Score 7/30

$160.32−2.94 (-1.80%)

Close on Nov 11, 2026Market cap $305.92BP/E 22.4Yield –

Novartis statistics

87 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: Mar 11, 2026
Fundamentals through: Jun 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $305.92B; $280.48M
Enterprise Value: $298.70B; $148.62M
PE Ratio: 22.42; 24.95
PB Ratio: 7.36; 2.05
P/FCF Ratio: 17.39; 18.26
P/OCF Ratio: 15.98; 12.93

Enterprise valuationIndustry

EV / EBITDA: 16.93; 16.52
EV / EBIT: 16.93; 18.72
EV / FCF: 16.98; 22.07

Share statisticsIndustry

Shares Outstanding: 1.91B; 58M
Shares Change (YoY): -3.93%; 10.9%
Float: 1.91B; 49M
Shares Held by Insiders: 0.00%; 12.1%
Shares Held by Institutions: 7.11%; 56.4%

Short sellingIndustry

Short Interest: 5M; –
Short Interest Change: -19.2%; -0.76%
Days to Cover: 1.89; 5.13

Stock price statisticsIndustry

52-Week High: $170.46; –
52-Week Low: $123.24; –
20-Day Moving Average: $157.62; –
50-Day Moving Average: $149.23; –
200-Day Moving Average: $152.45; –
Average True Range (14): $3.32; –
Price Change (1 Week): -2.82%; 1.51%
Price Change (1 Month): 12.6%; -2.35%
Price Change (3 Months): 5.67%; -21.1%
Price Change (6 Months): 7.06%; -22.6%
Price Change (YTD): 16.3%; -22.6%
Price Change (1 Year): 26.0%; -20.7%
Price Change (3 Years): 70.4%; -27.4%
Price Change (5 Years): 94.4%; -77.3%
Price Change (10 Years): 118.2%; -62.7%
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 2M; –
Relative Volume: 1.17; 0.79
Relative Strength Index (14): 58.2; 44.7
Volatility (1 Year): 27.3%; 80.4%
Beta (5 Years): 0.40; 1.07

Returns on capitalIndustry

Return on Equity (ROE): 33.5%; -51.2%
Return on Assets (ROA): 12.4%; -40.6%
Return on Invested Capital (ROIC): 43.5%; -32.9%
Return on Capital Employed (ROCE): 19.5%; -38.0%

Financial positionIndustry

Current Ratio: 0.86; 3.30
Quick Ratio: 0.54; 2.42
Interest Coverage: 15.42; -6.35

GrowthIndustry

Net Income Growth (YoY): 17.1%; -14.4%
EPS Growth (YoY): 21.8%; -11.7%
FCF Growth (YoY): 8.26%; 7.48%
EPS Growth (3Y CAGR): 31.1%; -0.17%
EPS Growth (5Y CAGR): 15.2%; 3.77%

EfficiencyIndustry

Inventory Turnover: 2.19; 2.73
Profits Per Employee: $28.48M; -$683.67K
Employee Count: 491; 75
WACC: 7.48%; 10.1%

Income statement (TTM)Industry

Gross Profit: $42.98B; $116.10M
Operating Income: $17.64B; -$20.99M
Pretax Income: $16.35B; -$13.23M
Net Income: $13.98B; -$21.61M
EBITDA: $17.64B; -$16.85M
EPS (Diluted): $7.15; -$0.75

Balance sheetIndustry

Cash & Short-Term Investments: $7.62B; $67.63M
Net Cash (Debt): $7.62B; $17.46M
Net Cash Per Share: $3.99; $0.72
Equity (Book Value): $41.54B; $53.27M
Book Value Per Share: $21.77; $1.50
Tangible Book Value: -$27.30B; $26.82M
Working Capital: -$4.40B; $79.47M

Cash flow (TTM)Industry

Operating Cash Flow: $19.14B; -$12.27M
Capital Expenditures: -$1.55B; -$944.00K
Free Cash Flow: $17.60B; -$18.20M
FCF Per Share: $9.22; -$0.42

Dividends and yieldsIndustry

Earnings Yield: 4.57%; -20.8%
FCF Yield: 5.75%; -9.58%
Buyback Yield: 3.01%; -0.73%
Shareholder Yield: 3.01%; 0.00%
Payout Ratio: 55.9%; 55.4%
FCF Payout Ratio: 44.4%; 44.4%

Taxes and interestIndustry

Interest Expense: $1.14B; $2.93M
Income Tax: $2.39B; $74.00K
Effective Tax Rate: 14.6%; 20.9%

Scores and fair valueIndustry

Graham Number: $59.18; $19.34
Graham Upside: -63.1%; -46.9%
Altman Z-Score: 2.73; 0.30
Piotroski F-Score: 7; 4
Lynch Fair Value: $108.87; –
Lynch Upside: -32.1%; -28.1%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

Period	NVS	S&P 500	Difference	NVS per year	S&P 500 per year
1 month	+11.5%	-2.4%	+13.9 pts
3 months	+3.7%	-1.2%	+4.8 pts
Year to date	+19.8%	+12.3%	+7.5 pts
1 year	+26.6%	+12.4%	+14.1 pts
3 years	+90.1%	+78.8%	+11.3 pts	+23.9%	+21.4%
5 years	+133.4%	+75.2%	+58.2 pts	+18.5%	+11.9%
10 years	+251.0%	+311.1%	−60.1 pts	+13.4%	+15.2%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

5M NVS shares were sold short on Oct 30, 2026, down 19.2% from the previous report. At recent volumes it would take 1.9 days to buy them back. Over the last 20 sessions, 49.4% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	4,515,670	-19.2%	2,390,773	1.9
Oct 15, 2026	5,585,310	-0.7%	1,747,414	3.2
Sep 30, 2026	5,624,031	+8.2%	1,921,289	2.9
Sep 15, 2026	5,195,725	-7.6%	3,525,832	1.5
Aug 31, 2026	5,625,158	+12.6%	1,333,406	4.2
Aug 14, 2026	4,993,689	-4.7%	1,455,729	3.4
Jul 31, 2026	5,240,722	-8.3%	1,951,524	2.7
Jul 15, 2026	5,713,789	+6.7%	1,590,064	3.6
Jun 30, 2026	5,355,498	+2.1%	2,749,767	1.9
Jun 15, 2026	5,246,790	+15.5%	2,051,091	2.6
May 29, 2026	4,543,531	+1.5%	1,237,391	3.7
May 15, 2026	4,475,369	-0.3%	1,270,483	3.5

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

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