Viatris Inc Ord Shs Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Viatris Inc Ord Shs has an operating margin of 0.1%, meaning the company retains $0 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 5.0% the prior year.
Viatris Inc Ord Shs's revenue declined 4.5% year-over-year, from $15.4B to $14.7B. This contraction results in a growth score of 16/100.
Viatris Inc Ord Shs carries a low D/E ratio of 0.75, meaning only $0.75 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 83/100, indicating a strong balance sheet with room for future borrowing.
Viatris Inc Ord Shs's current ratio of 1.65 indicates adequate short-term liquidity, earning a score of 46/100. The company can meet its near-term obligations, though with limited headroom.
Viatris Inc Ord Shs converts 13.4% of revenue into free cash flow ($2.0B). This strong cash generation earns a score of 67/100.
Viatris Inc Ord Shs scores 1.06, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Viatris Inc Ord Shs passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Viatris Inc Ord Shs generates $-3.63 in operating cash flow ($2.3B OCF vs -$634.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Viatris Inc Ord Shs earns $0.0 in operating income for every $1 of interest expense ($10.1M vs $550.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Viatris Inc Ord Shs (VTRS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Viatris Inc Ord Shs generated $14.7B in revenue in fiscal year 2024. This represents a decrease of 4.5% from the prior year.
Viatris Inc Ord Shs's EBITDA was $2.9B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.2% from the prior year.
Viatris Inc Ord Shs generated $2.0B in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 21.6% from the prior year.
Viatris Inc Ord Shs reported -$634.2M in net income in fiscal year 2024. This represents a decrease of 1259.4% from the prior year.
Viatris Inc Ord Shs earned $-0.53 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 1160.0% from the prior year.
Viatris Inc Ord Shs held $734.8M in cash against $14.0B in long-term debt as of fiscal year 2024.
Viatris Inc Ord Shs paid $0.48 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Viatris Inc Ord Shs's gross margin was 38.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 3.6 percentage points from the prior year.
Viatris Inc Ord Shs's operating margin was 0.1% in fiscal year 2024, reflecting core business profitability. This is down 4.9 percentage points from the prior year.
Viatris Inc Ord Shs's net profit margin was -4.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 4.7 percentage points from the prior year.
Viatris Inc Ord Shs invested $808.7M in research and development in fiscal year 2024. This represents an increase of 0.4% from the prior year.
Viatris Inc Ord Shs spent $250.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.
Viatris Inc Ord Shs invested $326.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 13.5% from the prior year.
VTRS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8B+5.0% | $3.6B+10.1% | $3.3B-7.8% | $3.5B-7.1% | $3.8B+3.6% | $3.7B-4.5% | $3.8B-2.7% | $3.9B |
| Cost of Revenue | $2.4B+6.2% | $2.2B+7.5% | $2.1B-9.5% | $2.3B-1.6% | $2.4B+8.9% | $2.2B-3.6% | $2.2B-0.4% | $2.3B |
| Gross Profit | $1.4B+2.9% | $1.3B+14.8% | $1.2B-4.4% | $1.2B-15.9% | $1.4B-3.9% | $1.5B-5.8% | $1.6B-5.6% | $1.7B |
| R&D Expenses | $250.4M+14.4% | $218.8M-1.4% | $222.0M+7.5% | $206.5M+1.2% | $204.1M+2.2% | $199.7M-1.5% | $202.8M-4.0% | $211.2M |
| SG&A Expenses | $886.6M-4.5% | $928.7M-2.0% | $948.1M-30.7% | $1.4B+31.9% | $1.0B+1.9% | $1.0B-36.6% | $1.6B+52.4% | $1.1B |
| Operating Income | $178.8M-23.3% | $233.0M+108.1% | -$2.9B-1503.0% | -$179.8M+25.1% | -$239.9M-217.7% | $203.9M+144.9% | -$454.5M-200.6% | $451.7M |
| Interest Expense | $119.6M+2.6% | $116.6M+1.0% | $115.5M-3.9% | $120.2M-17.6% | $145.8M+5.3% | $138.4M-1.8% | $140.9M-0.4% | $141.5M |
| Income Tax | $120.3M+156.6% | -$212.5M-286.4% | -$55.0M-450.0% | -$10.0M+84.7% | -$65.4M-172.1% | $90.7M+201.5% | -$89.4M-226.6% | $70.6M |
| Net Income | -$128.2M-2687.0% | -$4.6M+99.8% | -$3.0B-489.0% | -$516.5M-58.2% | -$326.4M-386.6% | $113.9M+114.9% | -$765.6M-330.9% | $331.6M |
| EPS (Diluted) | $-0.11 | $0.00+100.0% | $-2.55-493.0% | $-0.43-59.3% | $-0.27-400.0% | $0.09+114.3% | $-0.63-333.3% | $0.27 |
VTRS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $37.9B-1.3% | $38.4B-0.2% | $38.5B-7.3% | $41.5B-8.4% | $45.3B-4.3% | $47.3B-0.7% | $47.7B-2.2% | $48.7B |
| Current Assets | $10.0B+1.8% | $9.8B+1.6% | $9.6B+1.1% | $9.5B-19.3% | $11.8B-8.8% | $12.9B-0.4% | $13.0B+18.7% | $10.9B |
| Cash & Equivalents | $975.3M+72.2% | $566.4M-25.0% | $755.0M+2.7% | $734.8M-19.9% | $917.2M-9.6% | $1.0B+2.3% | $991.9M-24.3% | $1.3B |
| Inventory | $4.1B-3.6% | $4.3B+4.1% | $4.1B+6.3% | $3.9B-2.2% | $3.9B+3.1% | $3.8B+10.2% | $3.5B-5.5% | $3.7B |
| Accounts Receivable | $3.4B+3.5% | $3.3B+4.2% | $3.1B-3.0% | $3.2B-9.7% | $3.6B-1.8% | $3.6B-1.8% | $3.7B-1.0% | $3.7B |
| Goodwill | $6.7B-0.3% | $6.7B+4.4% | $6.5B-29.2% | $9.1B-2.1% | $9.3B-3.8% | $9.7B-1.8% | $9.9B-4.0% | $10.3B |
| Total Liabilities | $22.7B-0.6% | $22.8B+0.1% | $22.8B-0.2% | $22.9B-11.4% | $25.8B-5.6% | $27.3B+0.4% | $27.2B-2.4% | $27.9B |
| Current Liabilities | $7.4B+3.2% | $7.1B+24.7% | $5.7B-1.0% | $5.8B-25.0% | $7.7B-0.7% | $7.8B-0.2% | $7.8B+13.8% | $6.8B |
| Long-Term Debt | $12.5B-2.4% | $12.8B-9.8% | $14.2B+1.0% | $14.0B-4.7% | $14.7B-8.3% | $16.1B-0.7% | $16.2B-5.2% | $17.1B |
| Total Equity | $15.2B-2.3% | $15.6B-0.5% | $15.7B-16.0% | $18.6B-4.5% | $19.5B-2.5% | $20.0B-2.2% | $20.5B-1.9% | $20.9B |
| Retained Earnings | -$48.2M-160.3% | $80.0M-64.9% | $227.9M-93.3% | $3.4B-17.3% | $4.1B-10.3% | $4.6B-0.7% | $4.6B-16.4% | $5.6B |
VTRS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $744.9M+239.1% | $219.7M-59.0% | $535.5M+10.9% | $482.7M+27.3% | $379.1M-38.3% | $614.6M+8.1% | $568.5M-31.9% | $835.2M |
| Capital Expenditures | $86.8M+64.1% | $52.9M+24.2% | $42.6M-69.7% | $140.4M+138.8% | $58.8M+18.1% | $49.8M-69.9% | $165.5M+72.6% | $95.9M |
| Free Cash Flow | $658.1M+294.5% | $166.8M-66.2% | $492.9M+44.0% | $342.3M+6.9% | $320.3M-43.3% | $564.8M+40.1% | $403.0M-45.5% | $739.3M |
| Investing Cash Flow | -$98.9M-88.4% | -$52.5M+19.4% | -$65.1M+61.4% | -$168.7M-144.9% | $375.8M+343.6% | -$154.3M-677.9% | $26.7M+148.6% | -$54.9M |
| Financing Cash Flow | -$228.1M+37.1% | -$362.4M+22.4% | -$467.0M+67.1% | -$1.4B-67.5% | -$847.9M-99.2% | -$425.6M+54.0% | -$926.1M-848.9% | -$97.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $67.9M-61.2% | $175.0M-0.2% | $175.4M | $0 | $0-100.0% | $250.0M | $0 | $0 |
VTRS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.5%-0.7pp | 37.2%+1.5pp | 35.7%+1.2pp | 34.4%-3.6pp | 38.1%-3.0pp | 41.0%-0.6pp | 41.6%-1.3pp | 42.9% |
| Operating Margin | 4.8%-1.7pp | 6.5%+95.1pp | -88.6%-83.5pp | -5.1%+1.2pp | -6.3%-11.9pp | 5.6%+17.4pp | -11.8%-23.3pp | 11.5% |
| Net Margin | -3.4%-3.3pp | -0.1%+93.3pp | -93.5%-78.8pp | -14.6%-6.0pp | -8.6%-11.7pp | 3.1%+23.1pp | -20.0%-28.4pp | 8.4% |
| Return on Equity | N/A | N/A | N/A | 0.5% | N/A | 0.6% | N/A | 1.6% |
| Return on Assets | -0.3%-0.3pp | -0.0%+7.9pp | -7.9%-6.7pp | -1.2%-0.5pp | -0.7%-1.0pp | 0.2%+1.8pp | -1.6%-2.3pp | 0.7% |
| Current Ratio | 1.35-0.0 | 1.37-0.3 | 1.68+0.0 | 1.65+0.1 | 1.53-0.1 | 1.670.0 | 1.67+0.1 | 1.60 |
| Debt-to-Equity | 0.820.0 | 0.82-0.1 | 0.91+0.2 | 0.750.0 | 0.75-0.0 | 0.80+0.0 | 0.79-0.0 | 0.82 |
| FCF Margin | 17.5%+12.8pp | 4.7%-10.5pp | 15.2%+5.4pp | 9.7%+1.3pp | 8.4%-7.0pp | 15.4%+4.9pp | 10.5%-8.3pp | 18.8% |
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Frequently Asked Questions
What is Viatris Inc Ord Shs's annual revenue?
Viatris Inc Ord Shs (VTRS) reported $14.7B in total revenue for fiscal year 2024. This represents a -4.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Viatris Inc Ord Shs's revenue growing?
Viatris Inc Ord Shs (VTRS) revenue declined by 4.5% year-over-year, from $15.4B to $14.7B in fiscal year 2024.
Is Viatris Inc Ord Shs profitable?
No, Viatris Inc Ord Shs (VTRS) reported a net income of -$634.2M in fiscal year 2024, with a net profit margin of -4.3%.
What is Viatris Inc Ord Shs's earnings per share (EPS)?
Viatris Inc Ord Shs (VTRS) reported diluted earnings per share of $-0.53 for fiscal year 2024. This represents a -1160.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Viatris Inc Ord Shs's EBITDA?
Viatris Inc Ord Shs (VTRS) had EBITDA of $2.9B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Viatris Inc Ord Shs have?
As of fiscal year 2024, Viatris Inc Ord Shs (VTRS) had $734.8M in cash and equivalents against $14.0B in long-term debt.
What is Viatris Inc Ord Shs's gross margin?
Viatris Inc Ord Shs (VTRS) had a gross margin of 38.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Viatris Inc Ord Shs's operating margin?
Viatris Inc Ord Shs (VTRS) had an operating margin of 0.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Viatris Inc Ord Shs's net profit margin?
Viatris Inc Ord Shs (VTRS) had a net profit margin of -4.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Viatris Inc Ord Shs pay dividends?
Yes, Viatris Inc Ord Shs (VTRS) paid $0.48 per share in dividends during fiscal year 2024.
What is Viatris Inc Ord Shs's free cash flow?
Viatris Inc Ord Shs (VTRS) generated $2.0B in free cash flow during fiscal year 2024. This represents a -21.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Viatris Inc Ord Shs's operating cash flow?
Viatris Inc Ord Shs (VTRS) generated $2.3B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Viatris Inc Ord Shs's total assets?
Viatris Inc Ord Shs (VTRS) had $41.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Viatris Inc Ord Shs's capital expenditures?
Viatris Inc Ord Shs (VTRS) invested $326.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Viatris Inc Ord Shs spend on research and development?
Viatris Inc Ord Shs (VTRS) invested $808.7M in research and development during fiscal year 2024.
Does Viatris Inc Ord Shs buy back shares?
Yes, Viatris Inc Ord Shs (VTRS) spent $250.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Viatris Inc Ord Shs's current ratio?
Viatris Inc Ord Shs (VTRS) had a current ratio of 1.65 as of fiscal year 2024, which is generally considered healthy.
What is Viatris Inc Ord Shs's debt-to-equity ratio?
Viatris Inc Ord Shs (VTRS) had a debt-to-equity ratio of 0.75 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Viatris Inc Ord Shs's return on assets (ROA)?
Viatris Inc Ord Shs (VTRS) had a return on assets of -1.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Viatris Inc Ord Shs's Altman Z-Score?
Viatris Inc Ord Shs (VTRS) has an Altman Z-Score of 1.06, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Viatris Inc Ord Shs's Piotroski F-Score?
Viatris Inc Ord Shs (VTRS) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Viatris Inc Ord Shs's earnings high quality?
Viatris Inc Ord Shs (VTRS) has an earnings quality ratio of -3.63x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Viatris Inc Ord Shs cover its interest payments?
Viatris Inc Ord Shs (VTRS) has an interest coverage ratio of 0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Viatris Inc Ord Shs?
Viatris Inc Ord Shs (VTRS) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.