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Viatris Inc (VTRS) Financials

VTRS
Trailing 12 months to June 30, 2026
Revenue $14.7B +4.4% YoY
Net Income -$410.7M +88.2% YoY
EPS (Diluted) -$0.36 +87.6% YoY
Free Cash Flow $2.0B +11.6% YoY
Market Cap $19.1B as of Sep 9, 2026
Price / Sales 1.3x on $14.7B revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 1.3x on $14.3B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VTRS SEC filings page.

Viatris Inc (VTRS) reported $14.7B in revenue over the twelve months to Jun 30, 2026, up 4.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).

Rhea AI VTRS FY2025

Viatris is converting operating cash into balance-sheet reduction while noncash charges and weakening margins drive sharply negative reported earnings.

FY2025 combined a net loss of -$3.5B with operating cash flow of $2.3B, so the earnings collapse was not matched by an equivalent cash outflow. Free cash flow still reached $1.9B; together with depreciation and amortization of $2.8B, that spread points to large noncash accounting effects alongside continued cash generation.

Gross margin compressed from 41.7% in FY2023 to 35.1% in FY2025 while revenue contracted, revealing pressure on the economics of each sales dollar rather than a volume-only slowdown. Operating margin then moved to -18.6%, showing that operating costs were not flexing down enough to protect profit as sales weakened.

Long-term debt declined from $19.7B in FY2021 to $12.5B in FY2025, but the balance sheet also shrank, so the change reflects both deleveraging and a smaller asset base. At FY2025, debt-to-equity was 0.8x and the current ratio was 1.4x, indicating current assets exceeded current liabilities while debt remained material relative to equity.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 28 / 100
Financial Health Score 28/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Viatris Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
18

Viatris Inc has an operating margin of -18.6%, meaning the company loses $19 on every $100 of revenue. This results in a profitability score of 18/100. This is down from 0.1% the prior year.

Growth
19

Viatris Inc's revenue declined 3.0% year-over-year, from $14.7B to $14.3B. This contraction results in a growth score of 19/100.

Leverage
1

Viatris Inc has elevated debt relative to equity (D/E of 0.85), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 1/100, reflecting increased financial risk.

Liquidity
37

Viatris Inc's current ratio of 1.38 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
76

Viatris Inc converts 13.6% of revenue into free cash flow ($1.9B). This strong cash generation earns a score of 76/100.

Returns
18

Viatris Inc posts a -23.9% return on equity (ROE), meaning it loses $24 for every $100 of shareholders' equity. This results in a returns score of 18/100. This is down from -3.4% the prior year.

Altman Z-Score Distress
0.73

Viatris Inc scores 0.73, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($19.1B) relative to total liabilities ($22.5B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
5/9

Viatris Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
N/A

Viatris Inc reported a net loss of $3.5B while generating $2.3B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Viatris Inc reported an operating loss of $2.7B against $471.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$3.8B
YoY+4.9%
QoQ+6.8%
5Y CAGR-3.9%

Viatris Inc generated $3.8B in revenue in Q2 2026. This represents an increase of 4.9% from the same quarter a year earlier. Against the prior quarter it is up 6.8%.

EBITDA
$678.6M
YoY-25.5%
QoQ+13.8%
5Y CAGR-11.8%

Viatris Inc's EBITDA was $678.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 25.5% from the same quarter a year earlier. Against the prior quarter it is up 13.8%.

Net Income
-$118.8M
YoY-2482.6%
QoQ-167.3%

Viatris Inc reported -$118.8M in net income in Q2 2026. This represents a decrease of 2482.6% from the same quarter a year earlier. Against the prior quarter it is down 167.3%.

EPS (Diluted)
-$0.10
QoQ-166.7%

Viatris Inc earned -$0.10 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 166.7%.

Cash & Balance Sheet

Free Cash Flow
$329.0M
YoY+97.2%
QoQ-5.6%
5Y CAGR-6.9%

Viatris Inc generated $329.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 97.2% from the same quarter a year earlier. Against the prior quarter it is down 5.6%.

Cash & Debt
$886.5M
YoY+56.5%
QoQ-50.9%
5Y CAGR+5.6%

Viatris Inc held $886.5M in cash against $11.6B in long-term debt as of Q2 2026.

Dividends Per Share
$0.12
YoY0.0%
QoQ0.0%

Viatris Inc paid $0.12 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding
1.15B
YoY-1.5%
QoQ-1.4%
5Y CAGR-1.0%

Viatris Inc had 1.15B shares outstanding in Q2 2026. This represents a decrease of 1.5% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.

Margins & Returns

Gross Margin
38.8%
YoY+1.6pp
QoQ+5.9pp
5Y CAGR+9.8pp

Viatris Inc's gross margin was 38.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.9 percentage points.

Operating Margin
0.2%
YoY-6.3pp
QoQ+2.4pp
5Y CAGR+1.2pp

Viatris Inc's operating margin was 0.2% in Q2 2026, reflecting core business profitability. This is down 6.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.4 percentage points.

Net Margin
-3.2%
YoY-3.0pp
QoQ-8.2pp
5Y CAGR+2.9pp

Viatris Inc's net profit margin was -3.2% in Q2 2026, showing the share of revenue converted to profit. This is down 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.2 percentage points.

Return on Equity
-0.8%
YoY-0.8pp
QoQ-2.0pp
5Y CAGR+0.5pp

Viatris Inc's ROE was -0.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.0 percentage points.

Capital Allocation

R&D Spending
$248.3M
YoY+13.5%
QoQ-0.1%
5Y CAGR+10.9%

Viatris Inc invested $248.3M in research and development in Q2 2026. This represents an increase of 13.5% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.

Share Buybacks
$150.0M
YoY-14.3%

Viatris Inc spent $150.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 14.3% from the same quarter a year earlier.

Capital Expenditures
$52.8M
YoY-0.2%
QoQ+32.3%
5Y CAGR-10.0%

Viatris Inc invested $52.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 0.2% from the same quarter a year earlier. Against the prior quarter it is up 32.3%.

VTRS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VTRS quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$3.8B+4.9%$3.5B+8.1%$3.7B+5.0%$3.8B+0.2%$3.6B-5.6%$3.3B-11.2%$3.5B-8.1%$3.8B-4.8%
Cost of Revenue$2.3B+2.3%$2.4B+12.7%$2.6B+10.5%$2.4B+4.2%$2.2B-4.3%$2.1B-3.1%$2.3B+3.2%$2.3B+1.8%
Gross Profit$1.5B+9.3%$1.2B-0.3%$1.1B-5.5%$1.4B-6.0%$1.3B-7.8%$1.2B-22.8%$1.2B-23.9%$1.5B-13.7%
R&D Expenses$248.3M+13.5%$248.6M+12.0%$274.7M+33.0%$250.4M+26.2%$218.8M+7.2%$222.0M+11.2%$206.5M+1.8%$198.4M-6.1%
SG&A Expenses$1.1B+22.2%$928.8M-2.0%$1.0B-1.5%$886.6M-11.6%$928.7M-10.4%$948.1M-6.8%$1.0B+2.0%$1.0B-4.8%
Operating Income$6.3M-97.3%-$79.7M+97.2%-$192.7M-7.2%$178.8M-20.8%$233.0M+197.1%-$2.9B-1513.5%-$179.8M+60.4%$225.9M-50.0%
EBITDA$678.6M-25.5%$596.4M+126.9%$574.1M+1.4%$867.3M-3.2%$911.3M+66.8%-$2.2B-347.8%$566.4M+198.3%$895.6M-20.8%
Interest Expense$120.7M+3.5%$120.1M+4.0%$119.6M-0.5%$119.6M-17.9%$116.6M-20.0%$115.5M-16.5%$120.2M-14.7%$145.6M+2.9%
Income Tax$54.8M+125.8%-$423.7M-670.4%-$2.9M+71.0%$120.3M+2897.7%-$212.5M-224.9%-$55.0M-160.6%-$10.0M+88.8%-$4.3M-106.1%
Net Income-$118.8M-2482.6%$176.4M+105.8%-$340.1M+34.2%-$128.2M-235.2%-$4.6M+98.6%-$3.0B-2770.8%-$516.5M+32.5%$94.8M-71.4%
EPS (Basic)-$0.10$0.15+105.9%-$0.30+30.2%-$0.11-237.5%$0.00+100.0%-$2.55-2650.0%-$0.43+31.7%$0.08-71.4%
EPS (Diluted)-$0.10$0.15+105.9%-$0.30+30.2%-$0.11-237.5%$0.00+100.0%-$2.55-2933.3%-$0.43+31.7%$0.08-70.4%
Diluted Shares (Avg)1.16B-0.8%1.18B-1.4%N/A1.16B-3.0%1.17B-1.5%1.19B-1.4%N/A1.20B-0.6%

VTRS Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VTRS quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$35.0B-8.8%$36.8B-4.3%$37.2B-10.4%$37.9B-15.3%$38.4B-15.3%$38.5B-18.7%$41.5B-13.0%$44.8B-8.2%
Current Assets$10.1B+2.9%$10.9B+13.5%$9.8B+2.8%$10.0B-12.0%$9.8B-17.1%$9.6B-25.5%$9.5B-26.6%$11.3B+3.4%
Cash & Equivalents$886.5M+56.5%$1.8B+139.0%$1.3B+80.0%$975.3M-48.1%$566.4M-38.2%$755.0M-25.6%$734.8M-25.9%$1.9B+43.5%
Short-Term Investments$0$0$40.7M+7.1%$0$0$0$38.0M+2.7%$0
Inventory$3.9B-7.8%$3.9B-4.1%$4.0B+3.8%$4.1B+0.7%$4.3B+8.2%$4.1B+7.1%$3.9B+11.1%$4.1B+11.2%
Accounts Receivable$3.1B-4.0%$3.1B-1.6%$3.0B-5.9%$3.4B-9.3%$3.3B-8.7%$3.1B-13.9%$3.2B-12.9%$3.7B-0.6%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$6.7B-1.4%$6.7B+3.6%$6.8B-26.0%$6.7B-29.6%$6.7B-27.6%$6.5B-33.3%$9.1B-7.4%$9.6B-7.0%
Total Liabilities$20.8B-9.0%$22.2B-2.8%$22.5B-1.7%$22.7B-9.0%$22.8B-11.5%$22.8B-16.5%$22.9B-16.0%$25.0B-10.5%
Current Liabilities$6.3B-11.0%$6.8B+19.1%$7.1B+22.8%$7.4B-2.0%$7.1B-7.5%$5.7B-26.3%$5.8B-25.7%$7.5B+9.9%
Non-Current Liabilities$14.4B-8.1%$15.4B-10.2%$15.4B-9.9%$15.3B-12.1%$15.7B-13.2%$17.1B-12.6%$17.1B-12.1%$17.4B-17.1%
Long-Term Debt$11.6B-9.2%$12.4B-12.4%$12.5B-11.1%$12.5B-12.7%$12.8B-13.2%$14.2B-11.8%$14.0B-13.3%$14.3B-16.2%
Total Equity$14.3B-8.4%$14.7B-6.3%$14.7B-21.1%$15.2B-23.1%$15.6B-20.2%$15.7B-21.8%$18.6B-9.0%$19.8B-5.1%
Retained Earnings-$330.7M-513.4%-$211.9M-193.0%-$388.3M-111.4%-$48.2M-101.2%$80.0M-98.1%$227.9M-95.1%$3.4B-26.3%$4.1B-26.5%

VTRS Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VTRS quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$381.8M+73.8%$388.3M-27.5%$815.8M+69.0%$744.9M-9.9%$219.7M-42.0%$535.5M-12.9%$482.7M-15.1%$826.5M-1.0%
Depreciation & Amortization$672.3M-0.9%$676.1M+1.7%$766.8M+2.8%$688.5M+2.8%$678.3M-13.7%$664.7M-3.8%$746.2M+15.8%$669.7M-1.4%
Stock-Based CompensationN/A$48.2M-12.7%N/AN/AN/A$55.2M+18.2%N/AN/A
Capital Expenditures$52.8M-0.2%$39.9M-6.3%$196.5M+40.0%$86.8M+12.7%$52.9M-10.0%$42.6M-14.5%$140.4M-15.2%$77.0M-19.7%
Free Cash Flow$329.0M+97.2%$348.4M-29.3%$619.3M+80.9%$658.1M-12.2%$166.8M-47.9%$492.9M-12.7%$342.3M-15.1%$749.5M+1.4%
Investing Cash Flow-$51.6M+1.7%$277.4M+526.1%-$211.2M-25.2%-$98.9M-105.7%-$52.5M-114.0%-$65.1M+57.8%-$168.7M-731.8%$1.7B+3283.8%
Financing Cash Flow-$1.2B-242.9%-$203.8M+56.4%-$236.4M+83.4%-$228.1M+86.1%-$362.4M+57.3%-$467.0M-9.7%-$1.4B-53.4%-$1.6B-1576.9%
Share Buybacks$150.0M-14.3%$0-100.0%$85.1M$67.9M$175.0M$175.4M-29.8%$0$0

Not reported in any period shown, so not listed: Dividends Paid.

VTRS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VTRS quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin38.8%+1.6pp32.9%-2.8pp31.0%-3.4pp36.5%-2.4pp37.2%-0.9pp35.7%-5.4pp34.4%-7.2pp38.9%-4.0pp
Operating Margin0.2%-6.3pp-2.3%+86.3pp-5.2%-0.1pp4.8%-1.3pp6.5%+12.8pp-88.6%-94.1pp-5.1%+6.7pp6.0%-5.4pp
Net Margin-3.2%-3.0pp5.0%+98.5pp-9.2%+5.5pp-3.4%-5.9pp-0.1%+8.5pp-93.5%-96.6pp-14.6%+5.3pp2.5%-5.9pp
Return on Equity-0.8%-0.8pp1.2%+20.6pp-2.3%+0.5pp-0.8%-1.3pp0.0%+1.6pp-19.4%-20.0pp-2.8%+1.0pp0.5%-1.1pp
Return on Assets-0.3%-0.3pp0.5%+8.4pp-0.9%+0.3pp-0.3%-0.5pp0.0%+0.7pp-7.9%-8.2pp-1.2%+0.4pp0.2%-0.5pp
Current Ratio1.58+0.2x1.60-0.1x1.38-0.3x1.35-0.2x1.37-0.2x1.680.0x1.650.0x1.51-0.1x
Debt-to-Equity0.810.0x0.85-0.1x0.85+0.1x0.82+0.1x0.82+0.1x0.91+0.1x0.750.0x0.72-0.1x
Asset Turnover0.110.0x0.100.0x0.100.0x0.100.0x0.090.0x0.080.0x0.090.0x0.080.0x
FCF Margin8.8%+4.1pp9.9%-5.2pp16.7%+7.0pp17.5%-2.5pp4.7%-3.8pp15.2%-0.3pp9.7%-0.8pp20.0%+1.2pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Viatris Inc VTRS FY2025 $14.3B -$3.5B -24.6% $19.1B 28/100
Dr Reddys Labs RDY FY2026 $3.6B $452.0M 12.6% $10.0B 36/100
Teva Pharm TEVA FY2025 $17.3B $1.4B 8.2% $42.4B 34/100
Neurocrine Biosciences Inc NBIX FY2025 $2.9B $478.6M 16.7% $15.8B 80/100
United Therapeutics Corp. UTHR FY2025 $3.2B $1.3B 41.9% $20.9B 88/100
Elanco Animal Health ELAN FY2025 $4.7B -$232.0M -4.9% $12.2B 36/100

Frequently Asked Questions

What is Viatris Inc's annual revenue?

Viatris Inc (VTRS) reported $14.3B in total revenue for fiscal year 2025. This represents a -3.0% 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's revenue growing?

Viatris Inc (VTRS) revenue declined by 3.0% year-over-year, from $14.7B to $14.3B in fiscal year 2025.

Is Viatris Inc profitable?

No, Viatris Inc (VTRS) reported a net income of -$3.5B in fiscal year 2025, with a net profit margin of -24.6%.

Viatris Inc (VTRS) reported diluted earnings per share of -$3.00 for fiscal year 2025. This represents a -466.0% 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.

Viatris Inc (VTRS) had EBITDA of $135.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Viatris Inc (VTRS) had $1.3B in cash and equivalents against $12.5B in long-term debt.

Viatris Inc (VTRS) had a gross margin of 35.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Viatris Inc (VTRS) had an operating margin of -18.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Viatris Inc (VTRS) had a net profit margin of -24.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Viatris Inc (VTRS) paid $0.48 per share in dividends during fiscal year 2025.

Viatris Inc (VTRS) has a return on equity of -23.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Viatris Inc (VTRS) generated $1.9B in free cash flow during fiscal year 2025. This represents a -2.0% 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.

Viatris Inc (VTRS) generated $2.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Viatris Inc (VTRS) had $37.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Viatris Inc (VTRS) invested $378.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Viatris Inc (VTRS) invested $965.9M in research and development during fiscal year 2025.

Yes, Viatris Inc (VTRS) spent $500.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Viatris Inc (VTRS) had 1.15B shares outstanding as of fiscal year 2025.

Viatris Inc (VTRS) had a current ratio of 1.38 as of fiscal year 2025, which is considered adequate.

Viatris Inc (VTRS) had a debt-to-equity ratio of 0.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Viatris Inc (VTRS) had a return on assets of -9.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Viatris Inc (VTRS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $19.1B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Viatris Inc (VTRS) trades at 1.3x sales, its market capitalization divided by revenue of $14.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $19.1B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Viatris Inc (VTRS) has an Altman Z-Score of 0.73, 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.

Viatris Inc (VTRS) has a Piotroski F-Score of 5 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Viatris Inc (VTRS) reported a net loss of $3.5B while generating $2.3B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.

Viatris Inc (VTRS) reported an operating loss of $2.7B against $471.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.

Viatris Inc (VTRS) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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