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Novartis AG
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Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 12.87B | 9.60% |
Operating expense | 5.40B | -1.58% |
Net income | 3.25B | 40.16% |
Net profit margin | 25.22 | 27.89% |
Earnings per share | 1.97 | 7.65% |
EBITDA | 5.36B | 30.39% |
Effective tax rate | 15.49% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 8.43B | -23.85% |
Total assets | 97.50B | -12.14% |
Total liabilities | 55.60B | -5.83% |
Total equity | 41.90B | — |
Shares outstanding | 2.02B | — |
Price to book | 5.66 | — |
Return on assets | 11.21% | — |
Return on capital | 15.59% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 3.25B | 40.16% |
Cash from operations | 4.88B | 36.33% |
Cash from investing | -3.21B | -204.56% |
Cash from financing | -3.20B | 12.02% |
Net change in cash | -1.57B | -40.45% |
Free cash flow | 1.80B | 1,106.13% |
Previous close
$116.65
Day range
$116.78 - $117.76
Year range
$92.19 - $120.92
Market cap
257.32B USD
Avg Volume
1.04M
About
Novartis AG is a Swiss multinational pharmaceutical corporation based in Basel, Switzerland. Consistently ranked in the global top five, Novartis is one of the largest pharmaceutical companies in the world and was the fourth largest by revenue in 2022.
Novartis manufactures the drugs clozapine, diclofenac, carbamazepine, valsartan, imatinib mesylate, cyclosporine, letrozole, methylphenidate, terbinafine, deferasirox, and others.
Novartis was formed in 1996 by the merger of Ciba-Geigy and Sandoz. It was considered the largest corporate merger in history during that time. The pharmaceutical and agrochemical divisions of both companies formed Novartis as an independent entity. The name Novartis was based on the Latin terms, “novae artes”.
After the merger, other Ciba-Geigy and Sandoz businesses were sold, or, like Ciba Specialty Chemicals, spun off as independent companies. The Sandoz brand disappeared for three years, but was revived in 2003 when Novartis consolidated its generic drugs businesses into a single subsidiary and named it Sandoz. Wikipedia
Founded
Feb 29, 1996
Headquarters
Website
Employees
76,057