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Novartis AG
$97.83
Apr 26, 2:48:42 PM GMT-4 · USD · NYSE · Disclaimer
GLeaf logoClimate leaderUS listed securityCH headquartered
Previous close
$99.06
Day range
$97.60 - $98.22
Year range
$92.19 - $108.78
Market cap
212.75B USD
Avg Volume
1.75M
CDP Climate Change Score
A
Financials
Income Statement
Revenue
Net income
(USD)Mar 2024Y/Y change
Revenue
12.12B-8.24%
Operating expense
5.30B-11.28%
Net income
2.69B17.23%
Net profit margin
22.1827.76%
Earnings per share
1.805.26%
EBITDA
4.82B41.98%
Effective tax rate
14.09%
Total assets
Total liabilities
(USD)Mar 2024Y/Y change
Cash and short-term investments
9.65B-20.85%
Total assets
94.33B-15.95%
Total liabilities
Total equity
Shares outstanding
Price to book
Return on assets
9.60%
Return on capital
13.30%
Net change in cash
(USD)Mar 2024Y/Y change
Net income
2.69B17.23%
Cash from operations
2.26B-23.40%
Cash from investing
Cash from financing
-5.16B43.88%
Net change in cash
-3.92B-187.53%
Free cash flow
2.80B74.96%
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
Employees
76,057
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