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. Check NVS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. Explore Novartis AG ADR long-term investment allocation to see how much of total assets are deployed in long-term investments.
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 NVS market cap.
| 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 | — |