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Friday 6 November 2026 Export NVS’s income statement to Excel — free account

Novartis AG

NVS Healthcare Drug Manufacturers General

Novartis AG’s revenue for fiscal 2025 (year ended December 2025) was $56.7 billion, up 9.57% from fiscal 2024.

Revenue
+4.67%
EPS
−69.1%
Free cash flow
−17.8%
Total debt
+53.9%

Quarter to September 2026, against a year earlier

162.04 2.94 −1.78%
Market cap
$296.4B
P/E
30.9×
Fwd P/E
23.2×
Dividend yield
2.93%
F-score
8/9
Altman Z
4.13
Beneish M
−2.49
Dividend safety
66/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Novartis AG (NVS) Book value per share

Alert me on Book value per share

Novartis AG's book value per share at the end of fiscal 2025 was 24.0×, up 9.79% from 21.9× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 19.8×. Over the past ten years it has ranged from 21.9× (fiscal 2024) to 33.9× (fiscal 2018); the current reading is higher than 27% of that period. Novartis AG ranks 8th of 21 Drug Manufacturers General companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 24.0× 9.79%
FY2024 21.9× (2.85%)
FY2023 22.5× (17.39%)
FY2022 27.2× (9.89%)
FY2021 30.2× 21.50%
FY2020 24.9× 2.63%
FY2019 24.2× (28.54%)
FY2018 33.9× 7.25%
FY2017 31.6× 0.30%
FY2016 31.5× (1.72%)

Quarterly newest first

Period Book value per share Change
Sep 2026 19.8× (10.02%)
Jun 2026 22.0× 7.98%
Mar 2026 20.4× (15.06%)
Dec 2025 24.0× 3.32%
43 more quarters

Against its own ten years

Low 21.9× High 33.9×
Ten-year median 27.2×
Current reading's percentile 27

Book value per share against peers

Company Book value per share
JNJ Johnson & Johnson compare 33.8×
AZN AstraZeneca PLC compare 33.4×
AMGN Amgen Inc. compare 26.5×
NVS Novartis AG 19.8×
MRK Merck & Co., Inc. compare 17.0×
PFE Pfizer Inc. compare 15.7×
GILD Gilead Sciences, Inc. compare 10.4×
NVO Novo Nordisk A/S compare 7.8×
ABBV AbbVie Inc. compare −2.6×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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