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 April 2023 (TTM): 16.15%
According to Novartis's latest financial reports and stock price the company's current Operating Margin is 16.15%. At the end of 2021 the company had an Operating Margin of 49.43%.
Operating Margin history for Novartis from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 49.43% | 149.69% |
| 2020 | 19.80% | 7.79% |
| 2019 | 18.37% | -29.42% |
| 2018 | 26.02% | 44.97% |
| 2017 | 17.95% | 13.52% |
| 2016 | 15.81% | -2.05% |
| 2015 | 16.14% | -29.45% |
| 2014 | 22.88% | 25.39% |
| 2013 | 18.25% | -6.58% |
| 2012 | 19.53% | 7.65% |
| 2011 | 18.14% | -20.05% |
| 2010 | 22.70% | 3.17% |
| 2009 | 22.00% | -1.38% |
| 2008 | 22.31% | 16.04% |
| 2007 | 19.22% | -14.9% |
| 2006 | 22.59% | 1.13% |
| 2005 | 22.34% | -8.67% |
| 2004 | 24.46% | 0.21% |
| 2003 | 24.40% | -10.16% |
| 2002 | 27.17% | 2.83% |
| 2001 | 26.42% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 24.28% | 50.34% | 🇺🇸 USA |
 Pfizer PFE | 29.90% | 85.14% | 🇺🇸 USA |
 Abbott Laboratories ABT | 19.02% | 17.77% | 🇺🇸 USA |
 Sanofi SNY | 19.90% | 23.22% | 🇫🇷 France |
 Merck MRK | 28.49% | 76.41% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 16.70% | 3.41% | 🇺🇸 USA |
 AstraZeneca AZN | -0.70% | -104.33% | 🇬🇧 UK |
 GlaxoSmithKline GSK | 19.52% | 20.87% | 🇬🇧 UK |
 Teva Pharmaceutical Industries TEVA | 4.14% | -74.37% | 🇮🇱 Israel |
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.