Novartis AG ADR (NVS) — Capital Reinvestment Ratio
Novartis AG ADR (NVS) has a Capital Reinvestment Ratio of 0.22x as of March 2026, meaning it reinvests 0% of its operating cash flow ($3.68 Billion) in capital expenditures ($807.00 Million). See debt-free asset ratio of Novartis AG ADR to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Novartis AG ADR Capital Reinvestment Ratio (1998–2025)
This chart tracks Novartis AG ADR's Capital Reinvestment Ratio across 28 annual periods. Check how aggressively does Novartis AG ADR reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Novartis AG ADR (1998–2025)
Year-by-year Capital Reinvestment Ratio for Novartis AG ADR from 1998 to 2025. For live market cap and broader valuation context, see Novartis AG ADR market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $19.24 Billion | $1.56 Billion | ▼ -62.6% |
| 2024 | 0.22x | $17.62 Billion | $3.81 Billion | ▲ +13.7% |
| 2023 | 0.19x | $14.46 Billion | $2.75 Billion | ▲ +1.5% |
| 2022 | 0.19x | $14.24 Billion | $2.67 Billion | ▼ -4.8% |
| 2021 | 0.20x | $15.07 Billion | $2.97 Billion | ▲ +4.1% |
| 2020 | 0.19x | $13.65 Billion | $2.58 Billion | ▲ +14.3% |
| 2019 | 0.17x | $13.62 Billion | $2.26 Billion | ▼ -29.5% |
| 2018 | 0.24x | $14.27 Billion | $3.35 Billion | ▲ +8.0% |
| 2017 | 0.22x | $12.62 Billion | $2.75 Billion | ▼ -13.3% |
| 2016 | 0.25x | $11.47 Billion | $2.88 Billion | ▼ -22.5% |
| 2015 | 0.32x | $11.90 Billion | $3.85 Billion | ▲ +21.5% |
| 2014 | 0.27x | $13.90 Billion | $3.70 Billion | ▼ -7.0% |
| 2013 | 0.29x | $13.17 Billion | $3.77 Billion | ▲ +23.1% |
| 2012 | 0.23x | $14.19 Billion | $3.31 Billion | ▲ +39.6% |
| 2011 | 0.17x | $14.31 Billion | $2.39 Billion | ▲ +5.1% |
| 2010 | 0.16x | $14.07 Billion | $2.23 Billion | ▼ -29.2% |
| 2009 | 0.22x | $12.19 Billion | $2.73 Billion | ▼ -5.4% |
| 2008 | 0.24x | $9.77 Billion | $2.32 Billion | ▼ -30.3% |
| 2007 | 0.34x | $9.21 Billion | $3.13 Billion | ▲ +27.6% |
| 2006 | 0.27x | $8.71 Billion | $2.32 Billion | ▲ +39.2% |
| 2005 | 0.19x | $8.08 Billion | $1.55 Billion | ▼ -11.1% |
| 2004 | 0.22x | $6.72 Billion | $1.45 Billion | ▼ -7.0% |
| 2003 | 0.23x | $6.65 Billion | $1.54 Billion | ▲ +14.0% |
| 2002 | 0.20x | $5.83 Billion | $1.19 Billion | ▲ +10.6% |
| 2001 | 0.18x | $4.43 Billion | $815.00 Million | ▲ +3.5% |
| 2000 | 0.18x | $4.64 Billion | $825.00 Million | ▼ -10.6% |
| 1999 | 0.20x | $4.33 Billion | $862.00 Million | ▼ -24.7% |
| 1998 | 0.26x | $4.28 Billion | $1.13 Billion | — |