Companies / Health Care
VTRS
Viatris
Pharmaceuticals
PharmaceuticalsAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health43
Growth13
Profitability8
Cash generation62
Balance sheet33
Dilution control98
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)-0.3%Revenue growth (FY)-3.0%Revenue CAGR (3y)-4.2%Gross margin35.2%Operating margin-18.7%Net margin-24.7%Free cash flow margin13.6%R&D / revenue6.8%Stock comp / revenue1.2%Net debt / operating cash flow5.65xCurrent ratio1.38Diluted share count change—
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $17.8B | $16.2B | $15.4B | $14.7B | $14.3B |
| Gross profit | $5.6B | $6.5B | $6.4B | $5.6B | $5.0B |
| Operating income | -$34M | $1.6B | $766M | $10M | -$2.7B |
| Net income | -$1.3B | $2.1B | $55M | -$634M | -$3.5B |
| Operating cash flow | $3.0B | $3.0B | $2.9B | $2.3B | $2.3B |
| Capital expenditure | $457M | $406M | $377M | $326M | $379M |
| Free cash flow | $2.6B | $2.6B | $2.5B | $2.0B | $1.9B |
| R&D | $751M | $662M | $805M | $809M | $966M |
| Stock-based comp | $111M | $116M | $181M | $146M | $178M |
| Buybacks | $0 | $0 | $250M | $250M | $500M |
| Cash | $701M | $1.3B | $992M | $735M | $1.3B |
| Total debt | $23.1B | $19.3B | $18.1B | $14.0B | $14.4B |
| Equity | $20.5B | $21.1B | $20.5B | $18.6B | $14.7B |
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