Novartis AG

Published by Stock Analysis on Net

Last updated: 2018-02-11 07:56:36

Pretax Margin

2016 2015 2014 2013

Selected Financial Data

USD in millions

Net income (loss) 6,698 17,794 10,280 9,292
Add: Income tax expense (benefit) 1,119 1,106 1,545 1,498
Earnings before tax (EBT)
7,817
18,900
11,825
10,790
Revenues 49,436 50,387 53,634 52,716

Ratio

Pretax margin 15.81% 37.51% 22.05% 20.47%

2016 calculation:

Pretax margin = 100 × EBT ÷ Revenues
= 100 × 7,817 ÷ 49,436 = 15.81%