Novartis AG ADR (NVS) — Cash Flow Quality Index

Latest as of June 2026: 1.80x

Novartis AG ADR (NVS) has a Cash Flow Quality Index of 1.80x as of June 2026. Operating cash flow of $5.89 Billion exceeds net income of $3.27 Billion, indicating high earnings quality where cash backs reported profits. Explore Novartis AG ADR cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.80x
Operating CF / Net Income

Operating Cash Flow

$5.89 Billion
USD

Net Income

$3.27 Billion
USD

Data as of

Jun 2026
Most recent filing

Novartis AG ADR Cash Flow Quality Index (1998–2025)

Historical Cash Flow Quality Index for Novartis AG ADR across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NVS operating cash flow.

Annual Cash Flow Quality Index for Novartis AG ADR (1998–2025)

Year-by-year earnings quality comparison for Novartis AG ADR.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.37x $19.24 Billion $14.06 Billion ▼ -7.2%
2024 1.48x $17.62 Billion $11.94 Billion ▼ -12.5%
2023 1.69x $14.46 Billion $8.57 Billion ▼ -17.6%
2022 2.05x $14.24 Billion $6.96 Billion ▲ +226.2%
2021 0.63x $15.07 Billion $24.02 Billion ▼ -62.9%
2020 1.69x $13.65 Billion $8.07 Billion ▼ -11.3%
2019 1.91x $13.62 Billion $7.15 Billion ▲ +68.5%
2018 1.13x $14.27 Billion $12.61 Billion ▼ -30.9%
2017 1.64x $12.62 Billion $7.70 Billion ▼ -4.4%
2016 1.71x $11.47 Billion $6.70 Billion ▲ +1.2%
2015 1.69x $11.90 Billion $7.03 Billion ▲ +30.7%
2014 1.30x $13.90 Billion $10.73 Billion ▼ -8.6%
2013 1.42x $13.17 Billion $9.29 Billion ▼ -3.9%
2012 1.48x $14.19 Billion $9.62 Billion ▼ -4.7%
2011 1.55x $14.31 Billion $9.24 Billion ▲ +9.7%
2010 1.41x $14.07 Billion $9.97 Billion ▼ -2.1%
2009 1.44x $12.19 Billion $8.45 Billion ▲ +20.5%
2008 1.20x $9.77 Billion $8.16 Billion ▼ -15.0%
2007 1.41x $9.21 Billion $6.54 Billion ▲ +13.5%
2006 1.24x $8.71 Billion $7.02 Billion ▼ -5.7%
2005 1.32x $8.08 Billion $6.14 Billion ▲ +12.8%
2004 1.17x $6.72 Billion $5.77 Billion ▼ -12.1%
2003 1.33x $6.65 Billion $5.02 Billion ▲ +18.8%
2002 1.12x $5.83 Billion $5.22 Billion ▲ +6.8%
2001 1.05x $4.43 Billion $4.24 Billion ▼ -1.0%
2000 1.06x $4.64 Billion $4.39 Billion ▲ +2.0%
1999 1.04x $4.33 Billion $4.19 Billion ▲ +6.6%
1998 0.97x $4.28 Billion $4.41 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.