Novartis AG ADR (NVS) — Free Cash Flow Generation Index
Latest as of March 2026:
0.78x
Novartis AG ADR (NVS) has a Free Cash Flow Generation Index of 0.78x as of March 2026. Free cash flow of $2.87 Billion represents 1% of operating cash flow ($3.68 Billion). Read NVS total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.78x
Free Cash Flow / Operating CF
Free Cash Flow
$2.87 Billion
USD
Operating Cash Flow
$3.68 Billion
USD
Capital Expenditures
$807.00 Million
USD
Novartis AG ADR Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for Novartis AG ADR across 28 annual periods. Explore Novartis AG ADR (NVS) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Novartis AG ADR (1998–2025)
Year-by-year Free Cash Flow Generation Index for Novartis AG ADR. For the full company profile including market capitalisation, see Novartis AG ADR stock valuation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.92x | $17.69 Billion | $19.24 Billion | $1.56 Billion | ▲ +17.3% |
| 2024 | 0.78x | $13.80 Billion | $17.62 Billion | $3.81 Billion | ▼ -3.2% |
| 2023 | 0.81x | $11.71 Billion | $14.46 Billion | $2.75 Billion | ▼ -0.3% |
| 2022 | 0.81x | $11.56 Billion | $14.24 Billion | $2.67 Billion | ▲ +1.2% |
| 2021 | 0.80x | $12.10 Billion | $15.07 Billion | $2.97 Billion | ▼ -1.0% |
| 2020 | 0.81x | $11.06 Billion | $13.65 Billion | $2.58 Billion | ▼ -2.8% |
| 2019 | 0.83x | $11.37 Billion | $13.62 Billion | $2.26 Billion | ▲ +9.1% |
| 2018 | 0.76x | $10.92 Billion | $14.27 Billion | $3.35 Billion | ▼ -2.2% |
| 2017 | 0.78x | $9.88 Billion | $12.62 Billion | $2.75 Billion | ▲ +4.4% |
| 2016 | 0.75x | $8.60 Billion | $11.47 Billion | $2.88 Billion | ▲ +10.8% |
| 2015 | 0.68x | $8.05 Billion | $11.90 Billion | $3.85 Billion | ▼ -7.8% |
| 2014 | 0.73x | $10.19 Billion | $13.90 Billion | $3.70 Billion | ▲ +2.8% |
| 2013 | 0.71x | $9.40 Billion | $13.17 Billion | $3.77 Billion | ▼ -7.0% |
| 2012 | 0.77x | $10.89 Billion | $14.19 Billion | $3.31 Billion | ▼ -7.9% |
| 2011 | 0.83x | $11.92 Billion | $14.31 Billion | $2.39 Billion | ▼ -1.0% |
| 2010 | 0.84x | $11.84 Billion | $14.07 Billion | $2.23 Billion | ▲ +8.4% |
| 2009 | 0.78x | $9.46 Billion | $12.19 Billion | $2.73 Billion | ▲ +1.7% |
| 2008 | 0.76x | $7.45 Billion | $9.77 Billion | $2.32 Billion | ▲ +15.6% |
| 2007 | 0.66x | $6.08 Billion | $9.21 Billion | $3.13 Billion | ▼ -10.0% |
| 2006 | 0.73x | $6.39 Billion | $8.71 Billion | $2.32 Billion | ▼ -9.3% |
| 2005 | 0.81x | $6.53 Billion | $8.08 Billion | $1.55 Billion | ▲ +3.1% |
| 2004 | 0.78x | $5.28 Billion | $6.72 Billion | $1.45 Billion | ▲ +2.1% |
| 2003 | 0.77x | $5.11 Billion | $6.65 Billion | $1.54 Billion | ▼ -3.6% |
| 2002 | 0.80x | $4.64 Billion | $5.83 Billion | $1.19 Billion | ▼ -2.4% |
| 2001 | 0.82x | $3.62 Billion | $4.43 Billion | $815.00 Million | ▼ -0.8% |
| 2000 | 0.82x | $3.82 Billion | $4.64 Billion | $825.00 Million | ▲ +2.6% |
| 1999 | 0.80x | $3.47 Billion | $4.33 Billion | $862.00 Million | ▲ +8.9% |
| 1998 | 0.74x | $3.15 Billion | $4.28 Billion | $1.13 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).