Companies: 10,795·Total market cap: $144.5T
Novartis AG

Novartis AG

NVSNYSEHealthcare● Active
$149.16
+$0.76(+0.51%)
Market Cap$284.6B
P/E Ratio
52W High$170.46
52W Low$112.34
Overview

Novartis AG (NVS) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

NVS · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
1.939B -3.93% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 2.018B in FY 2024
Diluted Shares Outstanding
1.955B
incl. options, RSUs, convertibles
Dilution Spread
+0.83%
Diluted vs Basic
YoY Change
-3.93%
year-over-year
Float (Free Float)
1.812B
publicly tradable shares
95.0% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRdeclining
-3.9%
2022 → 2025
5-Year CAGRdeclining
-3.2%
2020 → 2025
10-Year CAGRdeclining
-2.1%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 1.955B
1.939B
-3.93%
FY 2024
Diluted Shares: 2.035B
2.018B
-2.82%
FY 2023
Diluted Shares: 2.092B
2.077B
-4.79%
FY 2022
Diluted Shares: 2.197B
2.181B
-2.74%
FY 2021
Diluted Shares: 2.260B
2.243B
-1.51%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Healthcare sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Healthcare sector.

#SymbolCompanyShares (Basic)vs NVS
#1
Merck & Co., Inc.MRK
Merck & Co., Inc.
2.502B+29.0%
#2
Johnson & JohnsonJNJ
Johnson & Johnson
2.429B+25.3%
#3
Novartis AGNVS
Novartis AGYOU
1.939B
#4
AbbVie Inc.ABBV
AbbVie Inc.
1.780B-8.2%
#5
AstraZeneca PLCAZN
AstraZeneca PLC
1.550B-20.1%
#6
UnitedHealth Group IncorporatedUNH
UnitedHealth Group Incorporated
910.0M-53.1%
#7
Eli Lilly and CompanyLLY
Eli Lilly and Company
898.0M-53.7%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Novartis AG (NVS) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Novartis AG reports 1.939B basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Novartis AG's basic shares outstanding (1.939B) represents currently issued shares. Diluted shares outstanding (1.955B) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.83%.

Shares Outstanding vs. Float (Free Float)

Novartis AG's float is 1.812B (95.0% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float1.812B(95.0%)
Outstanding1.908B

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Novartis AG (NVS) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Novartis AG shares outstanding for the fiscal year ending December 31, 2025 were 1.939B, a 3.93% decline year-over-year. Novartis AG FY 2025 shares outstanding were 1.939B, a -3.93% decline from FY 2024.

Novartis AG is a leading company operating in the Healthcare sector. The company's share count trajectory — with a 10-year CAGR of -2.1% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

NVS shares outstanding · 4 questions

As of December 31, 2025, Novartis AG (NVS) has approximately 1.939B basic shares outstanding and 1.955B diluted shares outstanding. This represents a -3.93% year-over-year change from FY 2024 (2.018B). Novartis AG's declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.

NVS shares outstandinghow many shares does NVS haveNVS basic shares 2025NVS diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Novartis AG SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08