Novartis AG ADR Dossier
Financial Snapshot
Revenue, profitability, returns, debt, and capital allocation
Revenue $59.4BTTM through 31 Dec 2025
Net Income $14B+17.0% YoYTTM through 31 Dec 2025
Free Cash Flow $17.6BTTM through 31 Dec 2025
Margins
| Current |
|---|
Returns
30.0%ROE
12.6%ROA
21.9%ROIC
Balance Sheet Health
Debt / Equity0.62x
Current Ratio1.12x
Net Debt$17.3B
Cash & Equivalents$11.4B
Quality Metrics
Piotroski F-Score6 / 9
FCF Margin29.6%
Earnings-Beat Rate50.0%
Multi-Year Trend
Diluted EPSFY2025: $7.15
Dividend
$4.77Per share, FY20263.38%Yield4 yrsStreak+7.2%5-yr growth
Segment Performance
| Segment | Revenue | YoY | Outlook |
|---|---|---|---|
| Innovative Medicines | $54.5B | +8.0% | View detailsReaffirmed full-year 2026 guidance forecasting low single-digit net sales growth and a low single-digit decline in core operating income in constant currencies. |
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