Novartis AG ADR (NVS) — Cash Flow Reinvestment Rate
Novartis AG ADR (NVS) has a Cash Flow Reinvestment Rate of 0.07x as of June 2026, reinvesting $411.07 Million (capex $321.07 Million plus investments $90.00 Million) from operating cash flow of $5.89 Billion. See Novartis AG ADR (NVS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see NVS operating cash flow.
Annual Cash Flow Reinvestment Rate for Novartis AG ADR (1998–2025)
Year-by-year capital reinvestment analysis for Novartis AG ADR. See financial flexibility index of Novartis AG ADR to measure the company's free cash flow as a share of total liabilities.
| 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 | — |