What is the current annual ROE of NVS?

As of today, NVS annual ROE is 30.96%

What is 1-year change in NVS annual ROE?

NVS annual ROE is up +17.90% year-over-year

What is 3-year change in NVS annual ROE?

NVS annual ROE is up +224.87% over the past 3 years

How far is NVS annual ROE from its all-time high?

NVS annual ROE is currently -19.77% below its historical high of 38.59% set on December 31, 2021

How does NVS annual ROE rank versus sector peers?

NVS annual ROE is higher than 87.32% of companies in Healthcare sector

When is NVS next annual earnings release?

The next annual earnings release for NVS is on February 3, 2027

What is the current quarterly ROE of NVS?

As of today, NVS quarterly ROE is 23.89%

What is NVS quarterly ROE most recent change?

NVS quarterly ROE was down -19.72% on September 30, 2026

What is 1-year change in NVS quarterly ROE?

NVS quarterly ROE is down -29.47% year-over-year

How far is NVS quarterly ROE from its all-time high?

NVS quarterly ROE is currently -43.08% below its historical high of 41.97% set on December 31, 2021

How does NVS quarterly ROE rank versus sector peers?

NVS quarterly ROE is higher than 83.88% of companies in Healthcare sector

When is NVS next earnings release?

The next earnings release for NVS is on February 3, 2027

Novartis AG (NVS) ROE History & Chart Since 1993

Annual ROE

30.96%4.70%+17.90%

December 31, 2025

Summary

Current Value: As of today, NVS annual ROE is 30.96%, up +17.90% on December 31, 2025
Historical Performance: NVS annual ROE is up +224.87% over the past 3 years, up +113.96% over the past 5 years
All-Time High Comparison: NVS annual ROE is currently -19.77% below its historical high of 38.59% set on December 31, 2021
3-Year Low Comparison: NVS annual ROE is +224.87% above its 3-year low of 9.53% reached on an earlier date
Sector Comparison: NVS annual ROE is higher than 87.32% of companies in Healthcare sector

ROE Chart

beforeafter

Performance

NVS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual ROE	Dec 31, 25	30.96%	+17.9%	+224.9%	+114.0%	+99.4%
Quarterly ROE	Sep 30, 26	23.89%	-29.5%	+72.9%	+32.8%	+45.0%
Price	Nov 6, 26	$162.55	+28.4%	+73.9%	+94.3%	+223.4%
PE Ratio	Nov 6, 26	31.04	+79.8%	+23.7%	+60.8%	+181.4%
Annual Revenue	Dec 31, 25	$54.81B	+9.0%	+29.6%	+12.0%	+9.2%
Annual Net Income	Dec 31, 25	$14.04B	+17.6%	+131.6%	+72.9%	+42.0%
Annual Shareholders Equity	Dec 31, 25	$46.13B	+4.7%	-22.3%	-18.5%	-27.2%
Annual ROA	Dec 31, 25	12.63%	+11.5%	+168.7%	+94.9%	+39.9%

ROE Highs

NVS Annual ROE Highs Comparison
Period	High	Date	Current
3Y	30.96%	Dec 31, 25	at high
5Y	38.59%	Dec 31, 21	-19.8%
All	38.59%	Dec 31, 21	-19.8%

ROE Lows

NVS Annual ROE Lows Comparison
Period	Low	Date	Current
3Y	9.53%	N/A	+224.9%
5Y	9.53%	Dec 31, 22	+224.9%
All	8.61%	Dec 1, 96	+259.6%

ROE History

Year	Value	Change
2025	30.96%	+17.9%
2024	26.26%	+62.6%
2023	16.15%	+69.5%
2022	9.53%	-75.3%
2021	38.59%	+166.7%
2020	14.47%	+35.9%
2019	10.65%	-36.5%
2018	16.78%	+62.4%
2017	10.33%	+17.3%
2016	8.81%	-7.3%
2015	9.50%	-35.6%
2014	14.76%	+13.5%
2013	13.00%	-6.9%
2012	13.97%	+3.7%
2011	13.47%	-13.3%
2010	15.53%	-0.5%
2009	15.61%	-4.5%

Year	Value	Change
2008	16.35%	+13.4%
2007	14.42%	-21.8%
2006	18.44%	-1.8%
2005	18.78%	+8.4%
2004	17.33%	+2.4%
2003	16.92%	-2.6%
2002	17.38%	+0.6%
2001	17.27%	-7.1%
2000	18.59%	-3.6%
1999	19.29%	-5.4%
1998	20.39%	+11.4%
1997	18.30%	+112.5%
1996	8.61%	-52.0%
1995	17.93%	+20.5%
1994	14.88%	+16.7%
1993	12.75%	-

FAQ

What is the current annual ROE of NVS?: As of today, NVS annual ROE is 30.96%
What is 1-year change in NVS annual ROE?: NVS annual ROE is up +17.90% year-over-year
What is 3-year change in NVS annual ROE?: NVS annual ROE is up +224.87% over the past 3 years
How far is NVS annual ROE from its all-time high?: NVS annual ROE is currently -19.77% below its historical high of 38.59% set on December 31, 2021
How does NVS annual ROE rank versus sector peers?: NVS annual ROE is higher than 87.32% of companies in Healthcare sector
When is NVS next annual earnings release?: The next annual earnings release for NVS is on February 3, 2027

ROE Formula

ROE = Net Income

Shareholders Equity × 100%

Quarterly ROE

23.89%5.87%-19.72%

September 30, 2026

Summary

Current Value: As of today, NVS quarterly ROE is 23.89%, down -19.72% on September 30, 2026
Historical Performance: NVS quarterly ROE is down -29.47% year-over-year, up +72.87% over the past 3 years
All-Time High Comparison: NVS quarterly ROE is currently -43.08% below its historical high of 41.97% set on December 31, 2021
3-Year Low Comparison: NVS quarterly ROE is +72.87% above its 3-year low of 13.82% reached on an earlier date
Sector Comparison: NVS quarterly ROE is higher than 83.88% of companies in Healthcare sector

Performance

NVS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly ROE	Sep 30, 26	23.89%	-19.7%	-29.5%	+72.9%	+32.8%
Annual ROE	Dec 31, 25	30.96%	–	+17.9%	+224.9%	+114.0%
Price	Nov 6, 26	$162.55	+5.4%	+28.4%	+73.9%	+94.3%
PE Ratio	Nov 6, 26	31.04	+33.5%	+79.8%	+23.7%	+60.8%
Quarterly Revenue	Sep 30, 26	$14.44B	+0.1%	+4.0%	+22.5%	+10.8%
Quarterly Net Income	Sep 30, 26	$1.19B	-63.5%	-69.7%	-21.4%	-56.9%
Quarterly Shareholders Equity	Sep 30, 26	$37.23B	-10.4%	-16.0%	-2.5%	-34.4%
Quarterly ROA	Sep 30, 26	8.63%	-23.1%	-37.5%	+37.0%	+10.6%

Quarterly ROE Highs

NVS Quarterly ROE Highs Comparison
Period	High	Date	Current
1Y	33.87%	N/A	-29.5%
3Y	33.87%	Sep 29, 25	-29.5%
5Y	41.97%	Dec 31, 21	-43.1%
All	41.97%	Dec 31, 21	-43.1%

Quarterly ROE Lows

NVS Quarterly ROE Lows Comparison
Period	Low	Date	Current
1Y	23.89%	Sep 30, 26	at low
3Y	13.82%	N/A	+72.9%
5Y	10.49%	Dec 31, 22	+127.7%
All	8.77%	Mar 31, 17	+172.4%

Quarterly ROE History

Month	Value	Change
Sep 2026	23.89%	-19.7%
Jun 2026	29.76%	-7.6%
Mar 2026	32.22%	-0.8%
Dec 2025	32.47%	-4.1%
Sep 2025	33.87%	+4.0%
Jun 2025	32.58%	+5.4%
Mar 2025	30.91%	+12.0%
Dec 2024	27.59%	-1.4%
Sep 2024	27.98%	+21.3%
Jun 2024	23.07%	+15.9%
Mar 2024	19.90%	+15.3%
Dec 2023	17.26%	+24.9%
Sep 2023	13.82%	+12.4%
Jun 2023	12.30%	+12.5%
Mar 2023	10.93%	+4.2%
Dec 2022	10.49%	-69.8%
Sep 2022	34.71%	-8.3%
Jun 2022	37.84%	-8.9%
Mar 2022	41.52%	-1.1%
Dec 2021	41.97%	+133.3%
Sep 2021	17.99%	+8.0%
Jun 2021	16.66%	+11.6%
Mar 2021	14.93%	+0.4%
Dec 2020	14.87%	+12.1%
Sep 2020	13.27%	-2.6%
Jun 2020	13.63%	-5.7%
Mar 2020	14.45%	+15.5%
Dec 2019	12.51%	+6.6%
Sep 2019	11.74%	+10.1%
Jun 2019	10.66%	-40.8%
Mar 2019	18.01%	+6.7%
Dec 2018	16.88%	-7.2%
Sep 2018	18.18%	-3.5%
Jun 2018	18.84%	+67.0%
Mar 2018	11.28%	+5.1%
Dec 2017	10.73%	+15.9%
Sep 2017	9.26%	+2.2%
Jun 2017	9.06%	+3.3%
Mar 2017	8.77%	-2.7%
Dec 2016	9.01%	-1.3%
Sep 2016	9.13%	+3.0%
Jun 2016	8.86%	+0.3%
Mar 2016	8.83%	-4.5%
Dec 2015	9.25%	-17.8%
Sep 2015	11.25%	-14.7%
Jun 2015	13.19%	-10.8%
Mar 2015	14.78%	-7.0%
Dec 2014	15.90%	+4.3%
Sep 2014	15.25%	+8.6%
Jun 2014	14.04%	+1.0%
Mar 2014	13.90%	+6.4%
Dec 2013	13.07%	-2.2%
Sep 2013	13.37%	-4.0%

Month	Value	Change
Jun 2013	13.92%	-1.5%
Mar 2013	14.13%	+2.4%
Dec 2012	13.80%	+9.5%
Sep 2012	12.60%	-4.0%
Jun 2012	13.13%	-4.1%
Mar 2012	13.69%	-6.4%
Dec 2011	14.63%	-11.2%
Sep 2011	16.47%	-0.1%
Jun 2011	16.48%	+2.2%
Mar 2011	16.13%	-2.1%
Dec 2010	16.47%	-6.0%
Sep 2010	17.52%	-3.1%
Jun 2010	18.08%	-0.6%
Mar 2010	18.18%	+9.3%
Dec 2009	16.63%	+9.0%
Sep 2009	15.25%	-0.9%
Jun 2009	15.39%	+1.3%
Mar 2009	15.20%	-2.3%
Dec 2008	15.55%	+7.2%
Sep 2008	14.50%	+5.4%
Jun 2008	13.76%	+0.3%
Mar 2008	13.72%	-6.5%
Dec 2007	14.67%	-13.8%
Sep 2007	17.02%	-8.4%
Jun 2007	18.59%	-1.3%
Mar 2007	18.83%	+0.5%
Dec 2006	18.74%	-0.2%
Sep 2006	18.78%	-2.7%
Jun 2006	19.30%	-3.9%
Mar 2006	20.09%	+3.7%
Dec 2005	19.38%	-3.9%
Sep 2005	20.17%	+2.5%
Jun 2005	19.68%	-0.1%
Mar 2005	19.70%	+3.8%
Dec 2004	18.98%	-2.6%
Sep 2004	19.48%	+0.5%
Jun 2004	19.38%	+1.7%
Mar 2004	19.05%	+3.6%
Dec 2003	18.39%	+1.0%
Sep 2003	18.21%	+2.2%
Jun 2003	17.82%	+0.7%
Mar 2003	17.70%	-0.3%
Dec 2002	17.76%	+3.3%
Sep 2002	17.19%	-2.6%
Jun 2002	17.65%	+7.8%
Mar 2002	16.37%	-2.4%
Dec 2001	16.78%	-17.3%
Sep 2001	20.29%	+8.6%
Jun 2001	18.69%	-2.1%
Mar 2001	19.10%	-4.1%
Dec 2000	19.91%	+35.0%
Sep 2000	14.75%	+34.5%
Jun 2000	10.97%	-

FAQ

What is the current quarterly ROE of NVS?: As of today, NVS quarterly ROE is 23.89%
What is NVS quarterly ROE most recent change?: NVS quarterly ROE was down -19.72% on September 30, 2026
What is 1-year change in NVS quarterly ROE?: NVS quarterly ROE is down -29.47% year-over-year
How far is NVS quarterly ROE from its all-time high?: NVS quarterly ROE is currently -43.08% below its historical high of 41.97% set on December 31, 2021
How does NVS quarterly ROE rank versus sector peers?: NVS quarterly ROE is higher than 83.88% of companies in Healthcare sector
When is NVS next earnings release?: The next earnings release for NVS is on February 3, 2027

ROE Formula

ROE = Net Income

Shareholders Equity × 100%

Data Sources & References

NVS Official Website www.novartis.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1114448/000111444826000004/0001114448-26-000004-index.htm
NVS Profile on Yahoo Finance finance.yahoo.com/quote/NVS
NVS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nvs