Novartis AG ADR (NVS) — Cash Flow Reinvestment Rate
Novartis AG ADR (NVS) has a Cash Flow Reinvestment Rate of 0.52x as of March 2026, reinvesting $1.92 Billion (capex $807.00 Million plus investments $1.11 Billion) from operating cash flow of $3.68 Billion. Explore Novartis AG ADR capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Novartis AG ADR Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Novartis AG ADR across 28 annual periods. Also explore Novartis AG ADR assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Novartis AG ADR (1998–2025)
Year-by-year capital reinvestment analysis for Novartis AG ADR. For live market cap and broader valuation context, see Novartis AG ADR (NVS) total market value.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.18x | $3.43 Billion | $19.24 Billion | $1.56 Billion | ▼ -72.3% |
| 2024 | 0.64x | $11.33 Billion | $17.62 Billion | $3.81 Billion | ▲ +7.6% |
| 2023 | 0.60x | $8.64 Billion | $14.46 Billion | $2.75 Billion | ▲ +105.6% |
| 2022 | 0.29x | $4.14 Billion | $14.24 Billion | $2.67 Billion | ▼ -55.2% |
| 2021 | 0.65x | $9.79 Billion | $15.07 Billion | $2.97 Billion | ▼ -43.8% |
| 2020 | 1.16x | $15.77 Billion | $13.65 Billion | $2.58 Billion | ▲ +251.1% |
| 2019 | 0.33x | $4.48 Billion | $13.62 Billion | $2.26 Billion | ▼ -47.5% |
| 2018 | 0.63x | $8.95 Billion | $14.27 Billion | $3.35 Billion | ▲ +34.9% |
| 2017 | 0.46x | $5.87 Billion | $12.62 Billion | $2.75 Billion | ▼ -15.6% |
| 2016 | 0.55x | $6.32 Billion | $11.47 Billion | $2.88 Billion | ▲ +53.0% |
| 2015 | 0.36x | $4.28 Billion | $11.90 Billion | $3.85 Billion | ▼ -30.4% |
| 2014 | 0.52x | $7.18 Billion | $13.90 Billion | $3.70 Billion | ▲ +79.0% |
| 2013 | 0.29x | $3.80 Billion | $13.17 Billion | $3.77 Billion | ▲ +24.0% |
| 2012 | 0.23x | $3.31 Billion | $14.19 Billion | $3.31 Billion | ▲ +39.6% |
| 2011 | 0.17x | $2.39 Billion | $14.31 Billion | $2.39 Billion | ▲ +5.1% |
| 2010 | 0.16x | $2.23 Billion | $14.07 Billion | $2.23 Billion | ▼ -29.2% |
| 2009 | 0.22x | $2.73 Billion | $12.19 Billion | $2.73 Billion | ▼ -5.4% |
| 2008 | 0.24x | $2.32 Billion | $9.77 Billion | $2.32 Billion | ▼ -30.3% |
| 2007 | 0.34x | $3.13 Billion | $9.21 Billion | $3.13 Billion | ▲ +27.6% |
| 2006 | 0.27x | $2.32 Billion | $8.71 Billion | $2.32 Billion | ▲ +39.2% |
| 2005 | 0.19x | $1.55 Billion | $8.08 Billion | $1.55 Billion | ▼ -11.1% |
| 2004 | 0.22x | $1.45 Billion | $6.72 Billion | $1.45 Billion | ▼ -7.0% |
| 2003 | 0.23x | $1.54 Billion | $6.65 Billion | $1.54 Billion | ▲ +14.0% |
| 2002 | 0.20x | $1.19 Billion | $5.83 Billion | $1.19 Billion | ▲ +10.6% |
| 2001 | 0.18x | $815.00 Million | $4.43 Billion | $815.00 Million | ▲ +3.5% |
| 2000 | 0.18x | $825.00 Million | $4.64 Billion | $825.00 Million | ▼ -10.6% |
| 1999 | 0.20x | $862.00 Million | $4.33 Billion | $862.00 Million | ▼ -24.7% |
| 1998 | 0.26x | $1.13 Billion | $4.28 Billion | $1.13 Billion | — |