Novartis AG is a biotechnology and pharmaceutical company based in Basel, Switzerland. Novartis was formed in 1996 from a merger of the two Basel pharmaceutical and chemical companies Ciba-Geigy AG and Sandoz AG. Novartis is one of the largest pharmaceutical companies in the world with sales of USD 47.4 billion in 2019.
Operating Margin for Novartis (NVS)
Operating Margin as of June 2025 (TTM): 28.02%
According to Novartis's latest financial reports and stock price the company's current Operating Margin is 28.02%. At the end of 2024 the company had an Operating Margin of 26.37%.
Operating Margin history for Novartis from 2001 to 2025
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 26.37% | 34.88% |
| 2023 | 19.55% | 18.4% |
| 2022 | 16.51% | -70.4% |
| 2021 | 55.78% | 181.78% |
| 2020 | 19.80% | 7.79% |
| 2019 | 18.37% | -39.93% |
| 2018 | 30.58% | 45.8% |
| 2017 | 20.97% | 32.62% |
| 2016 | 15.81% | -2.05% |
| 2015 | 16.14% | -29.45% |
| 2014 | 22.88% | 11.61% |
| 2013 | 20.50% | -5.18% |
| 2012 | 21.62% | 21.62% |
| 2011 | 17.78% | -21.67% |
| 2010 | 22.70% | 3.17% |
| 2009 | 22.00% | -1.38% |
| 2008 | 22.31% | 16.04% |
| 2007 | 19.22% | -15.58% |
| 2006 | 22.77% | -1.34% |
| 2005 | 23.08% | -1.79% |
| 2004 | 23.50% | 2.17% |
| 2003 | 23.00% | -15.73% |
| 2002 | 27.29% | 9.14% |
| 2001 | 25.01% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Merck MRK | 31.06% | 10.85% | 🇺🇸 USA |
 Pfizer PFE | 12.60% | -55.03% | 🇺🇸 USA |
 Johnson & Johnson JNJ | 18.78% | -32.98% | 🇺🇸 USA |
 Sanofi SNY | 15.12% | -46.04% | 🇫🇷 France |
 GlaxoSmithKline GSK | 13.32% | -52.46% | 🇬🇧 UK |
 Teva Pharmaceutical Industries TEVA | -7.76% | -127.69% | 🇮🇱 Israel |
 Bristol-Myers Squibb BMY | 12.82% | -54.25% | 🇺🇸 USA |
 Abbott Laboratories ABT | 17.36% | -38.04% | 🇺🇸 USA |
 AstraZeneca AZN | 16.07% | -42.65% | 🇬🇧 UK |
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.