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Viatris VTRS Debt-to-equity

Debt-to-equity at other companies

Pfizer logo
PfizerPFE
0.7×0.0×
Cencora logo
CencoraCOR
3.6×-3.4×
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
0.1×0.0×
Roivant Sciences logo
Roivant SciencesROIV
0.0×
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
0.1×-0.1×
Biogen logo
BiogenBIIB
0.4×+0.1×

Other financials

Income statement

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Revenue$3.5B+8.1%
Gross profit$1.2B-0.3%
Operating income-$79.7M+97.2%
Net income$176.4M+106%
EPS (diluted)$0.15+106%

Balance sheet

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Cash & equivalents$1.8B+139%
Total debt$14.6B+1.0%
Total equity$14.7B-6.3%
Total assets$36.8B-4.3%

Cash flow

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Operating cash flow$388.3M-27.5%
CapEx$39.9M-6.3%
Free cash flow$348.4M-29.3%

Valuation

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Market cap$18.32B+49.6%
Enterprise value$31.13B+17.7%
P/S1.3×+0.4×

Profitability

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Gross margin34.4%-2.5pp
Operating margin1%
Net margin-2%-1.0pp

Returns & leverage

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Return on equity-2%-0.9pp
Current ratio1.6×-0.1×

Where this comes from

Calculated from Viatris’s reported figures.

Based on the most recent quarter.

The official record: Viatris’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Viatris's debt-to-equity?
Viatris (VTRS) reported debt-to-equity of 1× in Q1 2026.
How has Viatris's debt-to-equity changed year-over-year?
Viatris's debt-to-equity increased by 7.9% year-over-year, from 0.9× to 1×.
What is the long-term trend for Viatris's debt-to-equity?
Over 4 years (2021 to 2025), Viatris's debt-to-equity has grown at a -2.2% compound annual growth rate (CAGR), from 4.2× to 3.8×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.