On Jan. 18, Novartis (NYSE:NVS) released fourth-quarter earnings for the period ended Dec. 31.

  • Revenues increased by 19%, driven by growth in all the divisions, particularly pharmaceuticals, which posted strong growth of 15% in the quarter.
  • Double-digit growth in top-selling brands like Diovan, Gleevec, and Lotrel led the numbers from the pharmaceutical segment.
  • Novartis is a two-star stock in the Motley Fool CAPS stock-rating service. You can add your opinion to the community for free.

(Figures in millions, except per-share data)

Income Statement Highlights*

Q4 2006

Q4 2005

Change

Sales

$10,058

$8,443

19.1%

Net Profit

$1,663

$1,352

23.0%

EPS

$0.70

$0.57

22.8%

Diluted Shares

2,367.5

2,350.1

0.7%

*As shown on the consolidated income statement

Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

71.2%

72.0%

(0.8)

Operating Margin

17.8%

17.4%

0.4

Net Margin

16.5%

16.0%

0.5

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Cash + ST Invest.

$7,955

$10,933

(27.2%)

Accounts Rec.

$6,161

$5,343

15.3%

Inventory

$4,498

$3,725

20.8%



Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$2,487

$1,961

26.8%

Long-term Debt

$656

$1,319

(50.3%)



Learn the ways of the balance sheet.

Cash Flow Highlights

Q4 2006

Q4 2005

Change

Cash From Ops.

$2,367

$2,220

6.6%

Capital Expenditures

$668

$411

62.5%

Free Cash Flow

$1,699

$1,809

(6.1%)



Find out why Fools always follow the money.

Related Companies:

  • Johnson & Johnson (NYSE:JNJ)
  • Pfizer (NYSE:PFE)
  • GlaxoSmithKline (NYSE:GSK)

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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.