Viatris (VTRS) Financials

$8.62 +0.33 (+3.92%)

As of 03:26 PM Eastern

Annual Income Statements for Viatris

This table shows Viatris' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Income / (Loss) Attributable to Common Shareholders	-634	55	2,079	-1,269	-670	17	353
Consolidated Net Income / (Loss)	-634	55	2,079	-1,269	-670	17	353
Net Income / (Loss) Continuing Operations	-634	55	2,079	-1,269	-670	17	353
Total Pre-Tax Income	-623	203	2,813	-664	-721	154	298
Total Operating Income	10	766	1,615	-34	-211	716	906
Total Gross Profit	5,624	6,439	6,497	5,576	3,797	3,898	4,002
Total Revenue	14,739	15,427	16,263	17,886	11,946	11,501	11,434
Operating Revenue	14,693	15,388	16,218	17,814	11,820	11,370	11,269
Other Revenue	47	39	45	73	126	130	165
Total Cost of Revenue	9,116	8,988	9,766	12,311	8,149	7,603	7,432
Operating Cost of Revenue	9,116	8,988	9,766	12,311	8,149	7,603	7,432
Total Operating Expenses	5,614	5,672	4,882	5,610	4,008	3,182	3,096
Selling, General & Admin Expense	4,426	4,650	4,179	4,529	3,345	2,564	2,441
Research & Development Expense	837	911	699	751	555	640	705
Other Special Charges / (Income)	351	112	4.40	329	108	-21	-50
Total Other Income / (Expense), net	-633	-563	1,198	-630	-510	-561	-607
Interest Expense	550	573	592	636	498	517	542
Other Income / (Expense), net	-83	9.80	1,791	5.80	-13	-44	-65
Income Tax Expense	11	148	735	605	-51	138	-54
Basic Earnings per Share	($0.53)	$0.05	$1.71	($1.05)	($1.11)	$0.03	$0.69
Weighted Average Basic Shares Outstanding	0.00	0.00	1.21B	1.21B	601.20M	515.70M	514.50M
Diluted Earnings per Share	($0.53)	$0.05	$1.71	($1.05)	($1.11)	$0.03	$0.68
Weighted Average Diluted Shares Outstanding	0.00	0.00	1.22B	1.21B	601.20M	516.50M	516.50M
Weighted Average Basic & Diluted Shares Outstanding	1.19B	2.38B	2.39B	1.21B	1.21B	-	-
Cash Dividends to Common per Share	$0.48	$0.48	$0.48	$0.33	-	-	-

This table shows Viatris' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-3,042	-517	95	-326	114	-766	332	264	225	1,011	354
Consolidated Net Income / (Loss)	-3,042	-517	95	-326	114	-766	332	264	225	1,011	354
Net Income / (Loss) Continuing Operations	-3,042	-517	95	-326	114	-766	332	264	225	1,011	354
Total Pre-Tax Income	-3,097	-527	91	-392	205	-855	402	333	323	1,469	428
Total Operating Income	-2,882	-180	226	-240	204	-455	452	369	400	-201	560
Total Gross Profit	1,161	1,215	1,459	1,445	1,504	1,597	1,691	1,609	1,542	1,274	1,748
Total Revenue	3,254	3,528	3,751	3,797	3,663	3,837	3,942	3,919	3,729	3,876	4,078
Operating Revenue	3,243	3,515	3,738	3,786	3,654	3,826	3,934	3,910	3,719	3,867	4,067
Other Revenue	11	13	13	11	9.90	11	8.00	9.10	10	8.90	11
Total Cost of Revenue	2,093	2,313	2,292	2,351	2,159	2,241	2,251	2,310	2,187	2,602	2,330
Operating Cost of Revenue	2,093	2,313	2,292	2,351	2,159	2,241	2,251	2,310	2,187	2,602	2,330
Total Operating Expenses	4,043	1,395	1,233	1,685	1,300	2,051	1,240	1,239	1,142	1,475	1,188
Selling, General & Admin Expense	948	1,047	1,003	1,358	1,018	1,606	1,054	1,032	959	1,265	1,017
Research & Development Expense	222	229	198	204	206	308	211	208	183	219	175
Impairment Charge	2,937	-	-	-	-	-	-	-	-	-	-
Other Special Charges / (Income)	-74	112	32	131	77	148	-26	-11	0.60	-8.80	-3.90
Total Other Income / (Expense), net	-215	-347	-135	-152	0.70	-401	-50	-36	-77	1,670	-133
Interest Expense	116	120	146	146	138	141	142	144	147	147	153
Other Income / (Expense), net	-99	-227	10	-6.10	139	-260	92	108	70	1,817	21
Income Tax Expense	-55	-10	-4.30	-65	91	-89	71	69	98	458	73
Basic Earnings per Share	($2.55)	($0.44)	$0.08	($0.27)	$0.10	($0.64)	$0.28	$0.22	$0.19	$0.83	$0.29
Weighted Average Basic Shares Outstanding	1.19B	0.00	1.19B	1.19B	1.20B	0.00	1.20B	1.20B	1.20B	1.21B	0.00
Diluted Earnings per Share	($2.55)	($0.43)	$0.08	($0.27)	$0.09	($0.63)	$0.27	$0.22	$0.19	$0.83	$0.29
Weighted Average Diluted Shares Outstanding	1.19B	0.00	1.20B	1.19B	1.21B	0.00	1.21B	1.20B	1.21B	1.22B	0.00
Weighted Average Basic & Diluted Shares Outstanding	1.17B	1.19B	1.19B	1.19B	1.19B	2.38B	1.20B	1.20B	1.20B	2.39B	1.21B
Cash Dividends to Common per Share	$0.12	-	$0.12	$0.12	-	-	$0.12	$0.12	-	-	$0.12

This table details how cash moves in and out of Viatris' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Change in Cash & Equivalents	-258	-269	556	-144	359	102	19
Net Cash From Operating Activities	2,303	2,900	2,999	3,017	1,232	1,804	2,342
Net Cash From Continuing Operating Activities	2,303	2,900	2,999	3,017	1,232	1,815	2,342
Net Income / (Loss) Continuing Operations	-634	55	2,079	-1,269	-670	17	353
Consolidated Net Income / (Loss)	-634	55	2,079	-1,269	-670	17	353
Depreciation Expense	2,893	2,741	3,028	4,507	2,216	2,019	2,110
Non-Cash Adjustments To Reconcile Net Income	1,130	1,203	-1,185	909	595	287	333
Changes in Operating Assets and Liabilities, net	-1,086	-1,098	-923	-1,129	-910	-508	-453
Net Cash From Investing Activities	1,801	-865	1,474	-118	-301	-525	-1,210
Net Cash From Continuing Investing Activities	1,801	-865	1,474	-118	-301	-525	-1,210
Purchase of Property, Plant & Equipment	-326	-377	-406	-457	-243	-213	-252
Acquisitions	-350	-668	0.00	277	416	-149	-66
Purchase of Investments	-26	-26	-30	-30	-105	-26	-63
Sale of Property, Plant & Equipment	2.70	14	14	18	2.10	0.00	0.00
Divestitures	2,507	364	1,950	97	20	28	29
Sale and/or Maturity of Investments	26	26	30	30	47	27	85
Other Investing Activities, net	-33	-198	-83	-52	-438	-193	-944
Net Cash From Financing Activities	-4,330	-2,302	-3,878	-3,012	-606	-1,169	-1,091
Net Cash From Continuing Financing Activities	-4,330	-2,302	-3,878	-3,012	-606	-1,169	-1,091
Repayment of Debt	-3,423	-1,423	-5,139	-3,821	-1,390	-1,116	-3,232
Repurchase of Common Equity	-250	-250	0.00	0.00	-	-	-432
Payment of Dividends	-606	-584	-601	-428	-49	-60	-13
Issuance of Debt	0.00	0.30	1,876	1,710	983	7.40	2,578
Issuance of Common Equity	2.50	3.10	3.30	0.00	0.00	-	-
Other Financing Activities, net	-53	-48	-17	-473	-151	-0.30	7.70
Effect of Exchange Rate Changes	-31	-2.50	-39	-31	34	-7.50	-21
Cash Interest Paid	561	612	643	685	555	471	461
Cash Income Taxes Paid	514	571	735	642	324	279	229

This table details how cash moves in and out of Viatris' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	20	-1,144	962	-97	22	-318	680	121	-752	612	-19
Net Cash From Operating Activities	536	483	827	379	615	569	835	525	971	189	869
Net Cash From Continuing Operating Activities	536	470	839	379	615	569	835	525	971	189	869
Net Income / (Loss) Continuing Operations	-3,042	-517	95	-326	114	-766	332	264	225	1,011	354
Consolidated Net Income / (Loss)	-3,042	-517	95	-326	114	-766	332	264	225	1,011	354
Depreciation Expense	665	746	670	786	691	644	679	687	730	870	700
Non-Cash Adjustments To Reconcile Net Income	3,178	335	248	499	48	1,174	-99	54	75	-1,291	192
Changes in Operating Assets and Liabilities, net	-266	-94	-174	-580	-239	-484	-77	-480	-58	-401	-377
Net Cash From Investing Activities	-65	-169	1,748	376	-154	27	-55	-87	-750	1,738	-115
Net Cash From Continuing Investing Activities	-65	-156	1,735	376	-154	27	-55	-87	-750	1,738	-115
Purchase of Property, Plant & Equipment	-43	-140	-77	-59	-50	-166	-96	-68	-48	-154	-104
Acquisitions	0.00	-	-	-	-350	-	-	-	-668	-	-
Purchase of Investments	-4.60	-4.30	-8.40	-5.60	-7.70	-5.40	-4.30	-7.60	-9.00	-6.90	-10
Sale of Property, Plant & Equipment	11	0.50	0.80	0.70	0.70	0.60	0.30	12	0.70	0.40	0.60
Divestitures	0.00	-3.10	1,833	437	241	316	48	-	0.00	-	-
Sale and/or Maturity of Investments	4.60	4.30	8.40	5.60	7.70	5.40	4.30	7.60	9.00	6.90	10
Other Investing Activities, net	-34	-13	-21	-3.20	4.20	-125	-7.30	-31	-35	-59	-12
Net Cash From Financing Activities	-467	-1,420	-1,637	-848	-426	-926	-98	-304	-975	-1,331	-759
Net Cash From Continuing Financing Activities	-467	-1,420	-1,637	-848	-426	-926	-98	-313	-965	-1,331	-759
Repayment of Debt	-108	-1,276	-1,474	-679	6.20	-777	48	44	-738	-1,182	-1,695
Repurchase of Common Equity	-175	-	-	-	-250	-	-	-	-250	-	-
Payment of Dividends	-155	-143	-143	-166	-154	-144	-144	-144	-152	-146	-146
Issuance of Common Equity	0.60	0.60	0.60	0.70	0.60	0.60	0.80	0.80	0.90	0.80	1.80
Other Financing Activities, net	-29	-	-21	-3.40	-29	-5.60	-2.60	-9.70	-30	-3.90	-0.20
Effect of Exchange Rate Changes	17	-	-	-4.40	-12	13	-2.30	-	-	16	-14

This table presents Viatris' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Total Assets	41,501	47,686	50,022	54,843	61,553	31,256
Total Current Assets	9,521	12,976	10,635	10,903	12,868	6,757
Cash & Equivalents	735	992	1,260	701	844	476
Accounts Receivable	3,221	3,700	3,815	4,266	4,844	3,059
Inventories, net	3,854	3,470	3,520	3,978	5,472	2,671
Prepaid Expenses	1,711	2,028	1,811	1,958	1,707	552
Other Current Nonoperating Assets	0.00	2,786	230	0.00	-	-
Plant, Property, & Equipment, net	2,666	2,760	3,025	3,189	3,460	2,150
Total Noncurrent Assets	29,314	31,950	36,362	40,751	45,226	22,349
Goodwill	9,133	9,867	10,426	12,114	12,347	9,591
Intangible Assets	17,071	19,181	22,607	26,134	29,683	11,650
Noncurrent Deferred & Refundable Income Taxes	753	693	926	1,333	2,148	703
Other Noncurrent Operating Assets	2,357	2,209	2,404	1,171	1,048	405
Total Liabilities & Shareholders' Equity	41,501	47,686	50,022	54,843	61,553	31,256
Total Liabilities	22,865	27,218	28,950	34,350	38,599	19,372
Total Current Liabilities	5,779	7,777	6,746	9,884	10,563	5,569
Short-Term Debt	8.30	1,943	1,259	3,371	3,409	1,508
Accounts Payable	1,854	1,938	1,767	1,657	1,904	1,528
Current Deferred & Payable Income Tax Liabilities	193	227	280	237	289	213
Other Current Liabilities	3,725	3,394	3,441	4,620	4,961	2,320
Other Current Nonoperating Liabilities	0.00	275	0.00	-	-	-
Total Noncurrent Liabilities	17,086	19,441	22,204	24,466	28,036	13,803
Long-Term Debt	14,039	16,188	18,015	19,717	22,429	11,214
Noncurrent Deferred & Payable Income Tax Liabilities	1,108	1,736	2,432	2,815	3,124	1,628
Other Noncurrent Operating Liabilities	1,939	1,517	1,757	1,934	2,483	961
Total Equity & Noncontrolling Interests	18,636	20,467	21,072	20,493	22,954	11,884
Total Preferred & Common Equity	19,140	20,719	23,834	20,493	22,954	12,884
Total Common Equity	18,636	23,215	23,834	20,493	22,954	11,884
Common Stock	18,934	18,827	18,658	18,548	18,451	8,650
Retained Earnings	3,419	4,640	5,176	3,689	5,361	6,031
Treasury Stock	-504	-252	0.00	-	-	-1,000
Accumulated Other Comprehensive Income / (Loss)	-3,213	0.00	0.00	-1,744	-858	-1,797

This table presents Viatris' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	38,475	41,501	44,754	45,330	47,344	47,686	48,743	48,695	49,290	50,022	48,663
Total Current Assets	9,622	9,521	11,308	11,792	12,924	12,976	10,932	9,778	9,630	10,635	10,488
Cash & Equivalents	755	735	1,879	917	1,015	992	1,310	629	507	1,260	647
Accounts Receivable	3,126	3,221	3,717	3,567	3,632	3,700	3,739	3,607	3,498	3,815	3,334
Inventories, net	4,096	3,854	4,085	3,942	3,823	3,470	3,672	3,642	3,664	3,520	3,380
Prepaid Expenses	1,645	1,711	1,627	1,757	1,933	2,028	1,785	1,725	1,764	1,811	1,700
Plant, Property, & Equipment, net	2,636	2,666	2,677	2,663	2,708	2,760	2,927	2,983	3,008	3,025	3,039
Total Noncurrent Assets	26,217	29,314	30,770	30,875	31,712	31,950	34,884	35,934	36,652	36,362	35,136
Goodwill	6,462	9,133	9,562	9,326	9,694	9,867	10,278	10,533	10,573	10,426	10,055
Intangible Assets	16,662	17,071	17,979	18,419	19,134	19,181	21,281	22,084	22,702	22,607	23,013
Noncurrent Deferred & Refundable Income Taxes	818	753	763	685	653	693	930	966	959	926	1,104
Other Noncurrent Operating Assets	2,275	2,357	2,466	2,445	2,232	2,209	2,395	2,351	2,418	2,404	964
Total Liabilities & Shareholders' Equity	38,475	41,501	44,754	45,330	47,344	47,686	48,743	48,695	49,290	50,022	48,663
Total Liabilities	22,825	22,865	24,962	25,810	27,329	27,218	27,877	27,852	28,362	28,950	29,480
Total Current Liabilities	5,720	5,779	7,512	7,709	7,760	7,777	6,834	6,524	6,108	6,746	6,521
Short-Term Debt	8.50	8.30	1,447	2,367	1,898	1,943	1,308	1,358	713	1,259	1,264
Accounts Payable	1,988	1,854	1,926	1,958	2,197	1,938	1,989	1,962	1,958	1,767	1,311
Current Deferred & Payable Income Tax Liabilities	93	193	284	118	148	227	207	158	245	280	107
Other Current Liabilities	3,630	3,725	3,856	3,234	3,282	3,394	3,316	3,046	3,193	3,441	3,505
Total Noncurrent Liabilities	17,104	17,086	17,449	18,101	19,570	19,441	21,043	21,328	22,254	22,204	22,959
Long-Term Debt	14,178	14,039	14,303	14,731	16,073	16,188	17,077	17,246	18,069	18,015	18,725
Noncurrent Deferred & Payable Income Tax Liabilities	1,083	1,108	1,277	1,574	1,672	1,736	2,319	2,408	2,465	2,432	2,489
Other Noncurrent Operating Liabilities	1,844	1,939	1,869	1,796	1,825	1,517	1,647	1,674	1,720	1,757	1,745
Total Equity & Noncontrolling Interests	15,650	18,636	19,792	19,520	20,014	20,467	20,866	20,843	20,928	21,072	19,182
Total Preferred & Common Equity	16,330	19,140	20,297	20,024	20,519	20,719	21,117	21,095	21,180	23,834	19,182
Total Common Equity	15,650	18,636	19,792	19,520	20,014	23,215	21,117	21,095	20,928	23,834	19,182
Common Stock	18,973	18,934	18,901	18,866	18,852	18,827	18,773	18,732	18,692	18,658	18,629
Retained Earnings	228	3,419	4,082	4,134	4,608	4,640	5,553	5,369	5,253	5,176	4,313
Treasury Stock	-680	-504	-504	-504	-504	-252	-	-	-252	0.00	-
Accumulated Other Comprehensive Income / (Loss)	-2,871	-3,213	-2,686	-2,975	-2,941	0.00	-3,209	-3,006	-2,765	0.00	-3,759

This table displays calculated financial ratios and metrics derived from Viatris' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	-4.46%	-5.14%	-9.08%	49.73%	3.87%	0.58%	0.00%
EBITDA Growth	-19.81%	-45.34%	43.65%	124.74%	-25.95%	-8.80%	0.00%
EBIT Growth	-109.43%	-77.21%	12,176.60%	87.38%	-133.26%	-20.10%	0.00%
NOPAT Growth	-96.58%	-82.69%	5,113.48%	83.87%	-289.54%	-92.72%	0.00%
Net Income Growth	-1,259.42%	-97.37%	263.79%	-89.45%	-4,087.50%	-95.23%	0.00%
EPS Growth	-1,160.00%	-97.08%	262.86%	5.41%	-3,800.00%	-95.59%	0.00%
Operating Cash Flow Growth	-20.59%	-3.30%	-0.59%	144.92%	-31.71%	-22.97%	0.00%
Free Cash Flow Firm Growth	-20.46%	-23.95%	3.38%	121.05%	0.36%	0.00%	0.00%
Invested Capital Growth	-8.97%	-9.68%	-9.38%	-10.57%	98.70%	0.00%	0.00%
Revenue Q/Q Growth	-2.05%	-0.25%	-2.78%	4.18%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	16.99%	-42.09%	38.60%	15.77%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	80.79%	-75.02%	96.41%	96.65%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	103.82%	-72.04%	-2.61%	95.94%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	28.20%	-97.01%	158.66%	33.94%	0.00%	0.00%	0.00%
EPS Q/Q Growth	27.40%	-96.69%	159.09%	56.61%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.64%	17.21%	-10.02%	19.25%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-14.22%	515.31%	-31.78%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-5.10%	-6.48%	3.80%	-2.22%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	38.15%	41.74%	39.95%	31.17%	31.78%	33.89%	35.00%
EBITDA Margin	19.13%	22.79%	39.56%	25.04%	16.68%	23.40%	25.81%
Operating Margin	0.07%	4.97%	9.93%	-0.19%	-1.76%	6.22%	7.92%
EBIT Margin	-0.50%	5.03%	20.94%	-0.16%	-1.87%	5.84%	7.35%
Profit (Net Income) Margin	-4.30%	0.35%	12.78%	-7.10%	-5.61%	0.15%	3.08%
Tax Burden Percent	101.77%	26.96%	73.89%	191.01%	92.89%	10.88%	118.13%
Interest Burden Percent	851.37%	26.15%	82.61%	2,356.03%	322.83%	22.99%	35.49%
Effective Tax Rate	0.00%	73.04%	26.11%	0.00%	0.00%	89.12%	-18.13%
Return on Invested Capital (ROIC)	0.02%	0.56%	2.92%	-0.05%	-0.41%	0.65%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.57%	-0.38%	7.33%	-5.31%	-3.21%	-0.35%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-3.26%	-0.30%	7.08%	-5.79%	-3.44%	-0.36%	0.00%
Return on Equity (ROE)	-3.24%	0.26%	10.00%	-5.84%	-3.85%	0.28%	0.00%
Cash Return on Invested Capital (CROIC)	9.41%	10.73%	12.76%	11.11%	-66.50%	-199.35%	0.00%
Operating Return on Assets (OROA)	-0.16%	1.59%	6.50%	-0.05%	-0.48%	2.15%	0.00%
Return on Assets (ROA)	-1.42%	0.11%	3.96%	-2.18%	-1.44%	0.05%	0.00%
Return on Common Equity (ROCE)	-3.47%	0.30%	10.67%	-5.84%	-3.85%	0.28%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-3.31%	0.26%	8.72%	-6.19%	-2.92%	0.13%	0.00%
Net Operating Profit after Tax (NOPAT)	7.07	207	1,193	-24	-148	78	1,070
NOPAT Margin	0.05%	1.34%	7.34%	-0.13%	-1.24%	0.68%	9.36%
Net Nonoperating Expense Percent (NNEP)	4.59%	0.94%	-4.41%	5.26%	2.81%	1.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	0.02%	0.54%	2.96%	-	-	-	-
Cost of Revenue to Revenue	61.85%	58.26%	60.05%	68.83%	68.22%	66.11%	65.00%
SG&A Expenses to Revenue	30.03%	30.14%	25.70%	25.32%	28.00%	22.29%	21.35%
R&D to Revenue	5.68%	5.90%	4.30%	4.20%	4.65%	5.56%	6.16%
Operating Expenses to Revenue	38.09%	36.77%	30.02%	31.36%	33.55%	27.67%	27.08%
Earnings before Interest and Taxes (EBIT)	-73	776	3,406	-28	-223	672	841
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,820	3,517	6,433	4,478	1,993	2,691	2,951
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.80	0.54	0.52	0.73	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.01	0.81	0.76	0.84	0.00	0.00	0.00
Price to Earnings (P/E)	0.00	228.14	5.95	0.00	0.00	0.00	0.00
Dividend Yield	3.86%	4.61%	4.71%	2.67%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.44%	16.82%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.88	0.84	0.78	0.87	0.52	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.91	1.92	1.87	2.09	2.09	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	9.99	8.42	4.72	8.34	12.54	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	38.17	8.92	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	3,984.81	143.39	25.46	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	12.23	10.21	10.13	12.38	20.29	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	8.93	7.47	5.82	7.40	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.75	0.89	0.91	1.13	1.13	1.07	0.00
Long-Term Debt to Equity	0.75	0.79	0.85	0.96	0.98	0.94	0.00
Financial Leverage	0.71	0.78	0.97	1.09	1.07	1.03	0.00
Leverage Ratio	2.28	2.35	2.52	2.68	2.66	2.63	0.00
Compound Leverage Factor	19.42	0.62	2.08	63.12	8.60	0.60	0.00
Debt to Total Capital	42.98%	46.97%	47.77%	52.98%	52.96%	51.70%	0.00%
Short-Term Debt to Total Capital	0.03%	5.03%	3.12%	7.73%	6.99%	6.13%	0.00%
Long-Term Debt to Total Capital	42.96%	41.94%	44.65%	45.24%	45.97%	45.58%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.02%	60.14%	59.07%	47.02%	47.04%	48.30%	0.00%
Debt to EBITDA	4.98	5.16	3.00	5.16	12.97	4.73	0.00
Net Debt to EBITDA	4.72	4.87	2.80	5.00	12.54	4.55	0.00
Long-Term Debt to EBITDA	4.98	4.60	2.80	4.40	11.26	4.17	0.00
Debt to NOPAT	1,986.87	87.78	16.15	-970.07	-175.11	163.42	0.00
Net Debt to NOPAT	1,882.94	82.98	15.10	-940.61	-169.38	157.31	0.00
Long-Term Debt to NOPAT	1,985.70	78.37	15.10	-828.45	-152.00	144.05	0.00
Altman Z-Score	0.96	0.92	1.04	0.70	0.35	0.00	0.00
Noncontrolling Interest Sharing Ratio	-7.03%	-13.26%	-6.64%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	1.65	1.67	1.58	1.10	1.22	1.21	0.00
Quick Ratio	0.68	0.60	0.75	0.50	0.54	0.63	0.00
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,155	3,967	5,216	5,045	-23,965	-24,053	0.00
Operating Cash Flow to CapEx	712.31%	798.90%	764.66%	687.38%	511.33%	846.01%	928.88%
Free Cash Flow to Firm to Interest Expense	5.74	6.92	8.80	7.93	-48.14	-46.50	0.00
Operating Cash Flow to Interest Expense	4.19	5.06	5.06	4.74	2.47	3.49	4.32
Operating Cash Flow Less CapEx to Interest Expense	3.60	4.43	4.40	4.05	1.99	3.07	3.85
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.33	0.32	0.31	0.31	0.26	0.37	0.00
Accounts Receivable Turnover	4.26	4.11	4.03	3.93	3.02	3.76	0.00
Inventory Turnover	2.49	2.57	2.61	2.61	2.00	2.85	0.00
Fixed Asset Turnover	5.43	5.33	5.24	5.38	4.26	5.35	0.00
Accounts Payable Turnover	4.81	4.85	5.70	6.91	4.75	4.98	0.00
Days Sales Outstanding (DSO)	85.70	88.90	90.68	92.95	120.73	97.08	0.00
Days Inventory Outstanding (DIO)	146.63	141.91	140.11	140.08	182.35	128.22	0.00
Days Payable Outstanding (DPO)	75.92	75.22	63.99	52.80	76.86	73.36	0.00
Cash Conversion Cycle (CCC)	156.41	155.59	166.80	180.24	226.22	151.94	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	31,948	35,096	38,856	42,879	47,948	24,131	0.00
Invested Capital Turnover	0.44	0.42	0.40	0.39	0.33	0.95	0.00
Increase / (Decrease) in Invested Capital	-3,148	-3,760	-4,023	-5,069	23,818	24,131	0.00
Enterprise Value (EV)	28,173	29,619	30,375	37,360	24,994	0.00	0.00
Market Capitalization	14,860	12,479	12,361	14,974	0.00	0.00	0.00
Book Value per Share	$15.61	$19.35	$19.65	$16.94	$229,541,000.00	$23.04	$0.00
Tangible Book Value per Share	($6.34)	($4.86)	($7.59)	($14.68)	($190,761,000.00)	($18.14)	$0.00
Total Capital	32,683	38,599	40,347	43,580	48,793	24,606	0.00
Total Debt	14,047	18,132	19,274	23,088	25,839	12,722	0.00
Total Long-Term Debt	14,039	16,188	18,015	19,717	22,429	11,214	0.00
Net Debt	13,312	17,140	18,014	22,386	24,994	12,247	0.00
Capital Expenditures (CapEx)	323	363	392	439	241	213	252
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,015	6,150	3,888	3,688	4,870	2,221	0.00
Debt-free Net Working Capital (DFNWC)	3,750	7,142	5,148	4,389	5,714	2,696	0.00
Net Working Capital (NWC)	3,741	5,199	3,889	1,019	2,305	1,188	0.00
Net Nonoperating Expense (NNE)	641	152	-885	1,245	522	61	717
Net Nonoperating Obligations (NNO)	13,312	14,629	17,784	22,386	24,994	12,247	0.00
Total Depreciation and Amortization (D&A)	2,893	2,741	3,028	4,507	2,216	2,019	2,110
Debt-free, Cash-free Net Working Capital to Revenue	20.45%	39.87%	23.91%	20.62%	40.76%	19.31%	0.00%
Debt-free Net Working Capital to Revenue	25.44%	46.30%	31.66%	24.54%	47.83%	23.45%	0.00%
Net Working Capital to Revenue	25.38%	33.70%	23.91%	5.69%	19.29%	10.33%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.53)	$0.05	$1.71	($1.05)	($1.11)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	1.21B	1.21B	601.20M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.53)	$0.05	$1.71	($1.05)	($1.11)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	1.22B	1.21B	601.20M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.19B	2.38B	2.39B	1.21B	1.21B	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	253	614	1,196	207	-72	486	599
Normalized NOPAT Margin	1.71%	3.98%	7.36%	1.16%	-0.60%	4.22%	5.24%
Pre Tax Income Margin	-4.23%	1.32%	17.30%	-3.71%	-6.04%	1.34%	2.61%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.13	1.35	5.75	-0.04	-0.45	1.30	1.55
NOPAT to Interest Expense	0.01	0.36	2.01	-0.04	-0.30	0.15	1.97
EBIT Less CapEx to Interest Expense	-0.72	0.72	5.09	-0.73	-0.93	0.89	1.09
NOPAT Less CapEx to Interest Expense	-0.58	-0.27	1.35	-0.73	-0.78	-0.26	1.51
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	-95.60%	1,067.64%	28.89%	-33.69%	-7.24%	358.93%	3.55%
Augmented Payout Ratio	-135.02%	1,524.68%	28.89%	-33.69%	-7.24%	358.93%	126.10%

This table displays calculated financial ratios and metrics derived from Viatris' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.17%	-8.06%	-4.84%	-3.11%	-1.76%	-1.00%	-3.34%	-4.81%	-11.04%	-10.72%	-10.10%
EBITDA Growth	-324.06%	587.66%	-25.94%	-53.56%	-13.81%	-102.80%	-4.46%	-7.48%	-14.90%	258.13%	-6.48%
EBIT Growth	-969.24%	43.10%	-56.58%	-151.60%	-26.97%	-144.19%	-6.37%	-10.93%	-30.28%	3,001.26%	65.07%
NOPAT Growth	-1,877.41%	60.44%	-36.46%	-157.37%	-59.23%	-129.58%	-19.77%	-33.84%	-48.00%	-155.11%	-16.70%
Net Income Growth	-2,770.76%	32.54%	-71.41%	-223.64%	-49.31%	-175.71%	-6.41%	-15.90%	-43.71%	483.32%	13.74%
EPS Growth	-2,933.33%	31.75%	-70.37%	-222.73%	-52.63%	-175.90%	-6.90%	-15.38%	-42.42%	477.27%	11.54%
Operating Cash Flow Growth	-12.87%	-15.09%	-1.04%	-27.80%	-36.72%	200.79%	-3.89%	-34.57%	-14.69%	-63.87%	-19.95%
Free Cash Flow Firm Growth	-22.60%	-12.20%	1,373.79%	952.94%	167.13%	-11.38%	-95.96%	-93.31%	-64.77%	-22.55%	115.87%
Invested Capital Growth	-16.16%	-8.97%	-10.30%	-12.09%	-11.53%	-9.68%	0.25%	-0.35%	-3.58%	-9.38%	-14.64%
Revenue Q/Q Growth	-7.76%	-5.95%	-1.20%	3.64%	-4.53%	-2.65%	0.59%	5.08%	-3.79%	-4.96%	-0.94%
EBITDA Q/Q Growth	-781.61%	-62.48%	67.65%	-47.75%	1,583.50%	-105.70%	5.13%	-3.03%	-51.74%	94.17%	1.81%
EBIT Q/Q Growth	-633.82%	-272.09%	195.98%	-171.72%	148.03%	-231.34%	14.06%	1.49%	-70.93%	178.28%	8.50%
NOPAT Q/Q Growth	-1,503.00%	-153.19%	240.91%	-247.94%	135.68%	-185.43%	27.23%	5.14%	300.89%	-129.85%	4.92%
Net Income Q/Q Growth	-488.96%	-644.83%	129.04%	-386.57%	114.88%	-330.88%	25.61%	17.49%	-77.78%	185.41%	12.87%
EPS Q/Q Growth	-493.02%	-637.50%	129.63%	-400.00%	114.29%	-333.33%	22.73%	15.79%	-77.11%	186.21%	11.54%
Operating Cash Flow Q/Q Growth	10.94%	-41.60%	118.02%	-38.32%	28.20%	-31.93%	59.06%	-45.93%	581.07%	-78.25%	8.29%
Free Cash Flow Firm Q/Q Growth	18.64%	-26.29%	-9.38%	-2.34%	34.59%	1,137.24%	-35.25%	-75.22%	-55.35%	-43.59%	7.20%
Invested Capital Q/Q Growth	-8.97%	-5.10%	-1.35%	-1.61%	-1.17%	-6.48%	-3.32%	-0.99%	0.89%	3.80%	-3.91%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.68%	34.44%	38.90%	38.07%	41.05%	41.60%	42.91%	41.05%	41.36%	32.87%	42.87%
EBITDA Margin	-71.19%	9.63%	24.15%	14.23%	28.23%	-1.82%	31.03%	29.69%	32.17%	64.13%	31.39%
Operating Margin	-88.57%	-5.10%	6.02%	-6.32%	5.57%	-11.84%	11.46%	9.42%	10.72%	-5.19%	13.73%
EBIT Margin	-91.62%	-11.52%	6.29%	-6.48%	9.36%	-18.61%	13.79%	12.17%	12.60%	41.69%	14.24%
Profit (Net Income) Margin	-93.48%	-14.64%	2.53%	-8.60%	3.11%	-19.95%	8.41%	6.74%	6.03%	26.09%	8.69%
Tax Burden Percent	98.22%	98.10%	104.75%	83.31%	55.67%	89.54%	82.45%	79.28%	69.63%	68.84%	82.88%
Interest Burden Percent	103.87%	129.58%	38.33%	159.27%	59.65%	119.73%	73.97%	69.86%	68.70%	90.90%	73.62%
Effective Tax Rate	0.00%	0.00%	-4.75%	0.00%	44.33%	0.00%	17.55%	20.72%	30.37%	31.16%	17.12%
Return on Invested Capital (ROIC)	-27.86%	-1.57%	2.67%	-1.85%	1.29%	-3.46%	3.90%	3.00%	2.95%	-1.42%	4.68%
ROIC Less NNEP Spread (ROIC-NNEP)	-35.16%	-4.36%	1.74%	-2.82%	1.29%	-6.22%	3.66%	2.84%	2.67%	4.30%	4.15%
Return on Net Nonoperating Assets (RNNOA)	-27.70%	-3.12%	1.31%	-2.28%	1.04%	-4.85%	3.19%	2.60%	2.49%	4.16%	4.21%
Return on Equity (ROE)	-55.57%	-4.69%	3.97%	-4.13%	2.33%	-8.31%	7.09%	5.59%	5.44%	2.73%	8.90%
Cash Return on Invested Capital (CROIC)	10.82%	9.41%	10.33%	12.79%	11.21%	10.73%	1.72%	2.46%	6.04%	12.76%	18.81%
Operating Return on Assets (OROA)	-30.60%	-3.81%	2.03%	-2.10%	2.98%	-5.88%	4.38%	3.80%	3.87%	12.93%	4.55%
Return on Assets (ROA)	-31.22%	-4.84%	0.81%	-2.79%	0.99%	-6.30%	2.67%	2.11%	1.85%	8.09%	2.78%
Return on Common Equity (ROCE)	-55.57%	-5.02%	4.00%	-4.15%	2.33%	-9.41%	7.14%	5.63%	5.44%	2.92%	8.90%
Return on Equity Simple (ROE_SIMPLE)	-23.21%	0.00%	-4.35%	-3.23%	-0.27%	0.00%	8.67%	8.79%	8.99%	0.00%	4.19%
Net Operating Profit after Tax (NOPAT)	-2,018	-126	237	-168	114	-318	372	293	278	-139	464
NOPAT Margin	-62.00%	-3.57%	6.31%	-4.42%	3.10%	-8.29%	9.45%	7.47%	7.47%	-3.58%	11.38%
Net Nonoperating Expense Percent (NNEP)	7.29%	2.80%	0.93%	0.97%	0.00%	2.76%	0.23%	0.15%	0.28%	-5.72%	0.54%
Return On Investment Capital (ROIC_SIMPLE)	-6.76%	-0.39%	-	-	-	-0.82%	-	-	-	-0.34%	-
Cost of Revenue to Revenue	64.32%	65.56%	61.10%	61.93%	58.95%	58.40%	57.09%	58.95%	58.64%	67.13%	57.13%
SG&A Expenses to Revenue	29.13%	29.67%	26.75%	35.77%	27.77%	41.85%	26.73%	26.33%	25.71%	32.65%	24.94%
R&D to Revenue	6.82%	6.48%	5.29%	5.38%	5.62%	8.03%	5.36%	5.32%	4.90%	5.65%	4.29%
Operating Expenses to Revenue	124.25%	39.53%	32.88%	44.39%	35.49%	53.45%	31.45%	31.63%	30.63%	38.07%	29.14%
Earnings before Interest and Taxes (EBIT)	-2,982	-406	236	-246	343	-714	544	477	470	1,616	581
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2,317	340	906	540	1,034	-70	1,223	1,163	1,200	2,486	1,280
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.66	0.80	0.70	0.65	0.72	0.54	0.54	0.54	0.53	0.52	0.51
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.73	1.01	0.92	0.83	0.93	0.81	0.73	0.73	0.70	0.76	0.58
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	228.14	6.18	6.17	5.77	5.95	12.12
Dividend Yield	5.51%	3.86%	4.13%	4.52%	4.02%	4.61%	5.09%	5.03%	5.23%	4.71%	5.85%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.44%	16.18%	16.20%	17.32%	16.82%	8.25%
Enterprise Value to Invested Capital (EV/IC)	0.82	0.88	0.82	0.85	0.90	0.84	0.76	0.76	0.75	0.78	0.78
Enterprise Value to Revenue (EV/Rev)	1.66	1.91	1.84	1.89	2.04	1.92	1.84	1.89	1.85	1.87	1.74
Enterprise Value to EBITDA (EV/EBITDA)	0.00	9.99	11.50	10.57	9.34	8.42	4.68	4.80	4.70	4.72	6.27
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	48.18	38.17	9.14	9.36	9.14	8.92	16.77
Enterprise Value to NOPAT (EV/NOPAT)	0.00	3,984.81	0.00	0.00	0.00	143.39	38.43	35.90	30.67	25.46	23.74
Enterprise Value to Operating Cash Flow (EV/OCF)	10.72	12.23	12.12	12.55	12.80	10.21	11.48	11.73	10.51	10.13	8.73
Enterprise Value to Free Cash Flow (EV/FCFF)	6.91	8.93	7.54	6.18	7.55	7.47	44.04	30.76	12.14	5.82	3.80
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.91	0.75	0.80	0.88	0.90	0.89	0.88	0.89	0.90	0.91	1.04
Long-Term Debt to Equity	0.91	0.75	0.72	0.75	0.80	0.79	0.82	0.83	0.86	0.85	0.98
Financial Leverage	0.79	0.71	0.75	0.81	0.80	0.78	0.87	0.91	0.93	0.97	1.02
Leverage Ratio	2.41	2.28	2.30	2.33	2.36	2.35	2.43	2.46	2.48	2.52	2.60
Compound Leverage Factor	2.50	2.96	0.88	3.71	1.41	2.82	1.80	1.72	1.71	2.29	1.91
Debt to Total Capital	47.55%	42.98%	44.31%	46.69%	47.31%	46.97%	46.84%	47.16%	47.30%	47.77%	51.03%
Short-Term Debt to Total Capital	0.03%	0.03%	4.07%	6.47%	5.00%	5.03%	3.33%	3.44%	1.80%	3.12%	3.23%
Long-Term Debt to Total Capital	47.52%	42.96%	40.24%	40.23%	42.31%	41.94%	43.51%	43.72%	45.50%	44.65%	47.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	52.45%	57.02%	55.69%	53.31%	52.69%	60.14%	53.80%	53.48%	52.70%	59.07%	48.97%
Debt to EBITDA	-26.73	4.98	6.53	6.27	5.36	5.16	3.03	3.04	3.02	3.00	4.31
Net Debt to EBITDA	-25.30	4.72	5.75	5.93	5.06	4.87	2.81	2.93	2.94	2.80	4.17
Long-Term Debt to EBITDA	-26.71	4.98	5.93	5.40	4.80	4.60	2.81	2.81	2.90	2.80	4.03
Debt to NOPAT	-6.59	1,986.87	-85.03	-629.55	-47.63	87.78	24.88	22.70	19.68	16.15	16.32
Net Debt to NOPAT	-6.24	1,882.94	-74.89	-595.78	-44.94	82.98	23.11	21.94	19.15	15.10	15.79
Long-Term Debt to NOPAT	-6.58	1,985.70	-77.22	-542.39	-42.60	78.37	23.11	21.05	18.93	15.10	15.28
Altman Z-Score	0.52	0.94	0.92	0.85	0.93	0.82	0.86	0.83	0.82	0.93	0.80
Noncontrolling Interest Sharing Ratio	0.00%	-7.03%	-0.62%	-0.62%	0.00%	-13.26%	-0.63%	-0.62%	0.00%	-6.64%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.68	1.65	1.51	1.53	1.67	1.67	1.60	1.50	1.58	1.58	1.61
Quick Ratio	0.68	0.68	0.74	0.58	0.60	0.60	0.74	0.65	0.66	0.75	0.61
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,586	3,022	4,100	4,524	4,633	3,442	278	430	1,734	3,884	6,885
Operating Cash Flow to CapEx	1,710.86%	345.03%	1,084.65%	652.50%	1,251.73%	344.75%	873.64%	947.83%	2,062.00%	123.29%	841.24%
Free Cash Flow to Firm to Interest Expense	31.05	25.14	28.16	31.03	33.47	24.43	1.97	2.99	11.80	26.40	44.94
Operating Cash Flow to Interest Expense	4.64	4.02	5.68	2.60	4.44	4.03	5.90	3.65	6.61	1.28	5.67
Operating Cash Flow Less CapEx to Interest Expense	4.37	2.85	5.15	2.20	4.09	2.86	5.23	3.27	6.29	0.24	5.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.33	0.32	0.32	0.32	0.32	0.32	0.31	0.31	0.31	0.32
Accounts Receivable Turnover	4.24	4.26	4.04	4.25	4.31	4.11	4.37	4.25	4.16	4.03	4.36
Inventory Turnover	2.29	2.49	2.33	2.37	2.39	2.57	2.65	2.60	2.56	2.61	2.67
Fixed Asset Turnover	5.36	5.43	5.37	5.40	5.37	5.33	5.18	5.14	5.13	5.24	5.44
Accounts Payable Turnover	4.32	4.81	4.62	4.59	4.31	4.85	5.67	5.19	5.51	5.70	6.71
Days Sales Outstanding (DSO)	86.06	85.70	90.42	85.92	84.70	88.90	83.46	85.90	87.68	90.68	83.78
Days Inventory Outstanding (DIO)	159.72	146.63	156.53	153.74	152.49	141.91	137.66	140.41	142.86	140.11	136.75
Days Payable Outstanding (DPO)	84.41	75.92	79.01	79.46	84.61	75.22	64.41	70.30	66.19	63.99	54.43
Cash Conversion Cycle (CCC)	161.37	156.41	167.94	160.20	152.59	155.59	156.71	156.00	164.35	166.80	166.10
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	29,081	31,948	33,664	34,125	34,685	35,096	37,527	38,818	39,204	38,856	37,433
Invested Capital Turnover	0.45	0.44	0.42	0.42	0.42	0.42	0.41	0.40	0.40	0.40	0.41
Increase / (Decrease) in Invested Capital	-5,603	-3,148	-3,864	-4,692	-4,519	-3,760	94	-137	-1,456	-4,023	-6,421
Enterprise Value (EV)	23,828	28,173	27,728	28,838	31,280	29,619	28,392	29,419	29,269	30,375	29,086
Market Capitalization	10,397	14,860	13,857	12,657	14,324	12,479	11,318	11,445	10,993	12,361	9,744
Book Value per Share	$13.11	$15.61	$16.58	$16.39	$16.75	$19.35	$17.60	$17.59	$17.49	$19.65	$15.82
Tangible Book Value per Share	($6.26)	($6.34)	($6.49)	($6.91)	($7.37)	($4.86)	($8.70)	($9.61)	($10.32)	($7.59)	($11.45)
Total Capital	29,836	32,683	35,543	36,619	37,985	38,599	39,250	39,447	39,711	40,347	39,171
Total Debt	14,186	14,047	15,750	17,099	17,971	18,132	18,384	18,604	18,783	19,274	19,989
Total Long-Term Debt	14,178	14,039	14,303	14,731	16,073	16,188	17,077	17,246	18,069	18,015	18,725
Net Debt	13,431	13,312	13,871	16,181	16,956	17,140	17,075	17,974	18,276	18,014	19,342
Capital Expenditures (CapEx)	31	140	76	58	49	165	96	55	47	153	103
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,156	3,015	3,363	5,533	6,047	6,150	4,096	3,983	3,729	3,888	4,584
Debt-free Net Working Capital (DFNWC)	3,911	3,750	5,242	6,450	7,062	7,142	5,406	4,612	4,236	5,148	5,231
Net Working Capital (NWC)	3,902	3,741	3,795	4,083	5,164	5,199	4,098	3,254	3,522	3,889	3,966
Net Nonoperating Expense (NNE)	1,024	391	142	158	-0.39	447	41	29	54	-1,150	110
Net Nonoperating Obligations (NNO)	13,431	13,312	13,871	14,605	14,670	14,629	16,662	17,974	18,276	17,784	18,251
Total Depreciation and Amortization (D&A)	665	746	670	786	691	644	679	687	730	870	700
Debt-free, Cash-free Net Working Capital to Revenue	22.02%	20.45%	22.35%	36.31%	39.37%	39.87%	26.48%	25.53%	23.60%	23.91%	27.40%
Debt-free Net Working Capital to Revenue	27.29%	25.44%	34.83%	42.33%	45.97%	46.30%	34.95%	29.56%	26.81%	31.66%	31.27%
Net Working Capital to Revenue	27.23%	25.38%	25.22%	26.79%	33.61%	33.70%	26.50%	20.86%	22.29%	23.91%	23.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.55)	($0.44)	$0.08	($0.27)	$0.10	($0.64)	$0.28	$0.22	$0.19	$0.83	$0.29
Adjusted Weighted Average Basic Shares Outstanding	1.19B	0.00	1.19B	1.19B	1.20B	0.00	0.00	0.00	1.20B	1.21B	1.21B
Adjusted Diluted Earnings per Share	($2.55)	($0.43)	$0.08	($0.27)	$0.09	($0.63)	$0.27	$0.22	$0.19	$0.83	$0.29
Adjusted Weighted Average Diluted Shares Outstanding	1.19B	0.00	1.20B	1.19B	1.21B	0.00	0.00	0.00	1.21B	1.22B	1.22B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.17B	1.19B	1.19B	1.19B	1.19B	2.38B	1.20B	1.20B	1.20B	2.39B	1.21B
Normalized Net Operating Profit after Tax (NOPAT)	-13	-48	180	-76	156	-214	351	284	279	-145	461
Normalized NOPAT Margin	-0.41%	-1.35%	4.80%	-2.01%	4.27%	-5.59%	8.90%	7.25%	7.48%	-3.73%	11.30%
Pre Tax Income Margin	-95.17%	-14.92%	2.41%	-10.32%	5.59%	-22.28%	10.20%	8.50%	8.65%	37.90%	10.48%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-25.81	-3.38	1.62	-1.69	2.48	-5.07	3.84	3.32	3.20	10.99	3.79
NOPAT to Interest Expense	-17.47	-1.05	1.63	-1.15	0.82	-2.26	2.63	2.04	1.89	-0.94	3.03
EBIT Less CapEx to Interest Expense	-26.08	-4.54	1.10	-2.09	2.12	-6.24	3.17	2.93	2.87	9.94	3.12
NOPAT Less CapEx to Interest Expense	-17.74	-2.21	1.10	-1.55	0.47	-3.43	1.96	1.65	1.57	-1.98	2.36
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-16.02%	-95.60%	-68.72%	-94.00%	-1,043.67%	1,067.64%	31.97%	31.66%	31.10%	28.89%	73.17%
Augmented Payout Ratio	-20.65%	-135.02%	-97.02%	-132.67%	-1,489.30%	1,524.68%	45.62%	45.15%	44.23%	28.89%	73.17%

Frequently Asked Questions About Viatris' Financials

When does Viatris's fiscal year end?

According to the most recent income statement we have on file, Viatris' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Viatris' net income changed over the last 6 years?

Viatris' net income appears to be on an upward trend, with a most recent value of -$634.20 million in 2024, falling from $352.50 million in 2018. The previous period was $54.70 million in 2023. View Viatris' forecast to see where analysts expect Viatris to go next.

What is Viatris's operating income?

Viatris's total operating income in 2024 was $10.10 million, based on the following breakdown:

Total Gross Profit: $5.62 billion
Total Operating Expenses: $5.61 billion

How has Viatris revenue changed over the last 6 years?

Over the last 6 years, Viatris' total revenue changed from $11.43 billion in 2018 to $14.74 billion in 2024, a change of 28.9%.

How much debt does Viatris have?

Viatris' total liabilities were at $22.87 billion at the end of 2024, a 16.0% decrease from 2023, and a 18.0% increase since 2019.

How much cash does Viatris have?

In the past 5 years, Viatris' cash and equivalents has ranged from $475.60 million in 2019 to $1.26 billion in 2022, and is currently $734.80 million as of their latest financial filing in 2024.

How has Viatris' book value per share changed over the last 6 years?

Over the last 6 years, Viatris' book value per share changed from 0.00 in 2018 to 15.61 in 2024, a change of 1,561.3%.

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This page (NASDAQ:VTRS) was last updated on 5/27/2025 by MarketBeat.com Staff

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Viatris (VTRS) Financials

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