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Viatris VTRS Free cash flow margin

Free cash flow margin at other companies

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18%+8.8pp
McKesson logo
McKessonMCK
1.4%-0.1pp
Cencora logo
CencoraCOR
1.1%+1.0pp
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
14.2%+3.6pp
Roivant Sciences logo
Roivant SciencesROIV
-9,183.5%-17,093pp
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
26.8%+6.4pp

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$17.9B+49.6%
Enterprise value$30.71B+17.7%
P/S1.2×+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
Debt / equity+0.1×
Current ratio1.6×-0.1×

Where this comes from

Calculated from Viatris’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Viatris (VTRS) reported free cash flow margin of 12.3% in Q1 2026.
How has Viatris's free cash flow margin changed year-over-year?
Viatris's free cash flow margin decreased by 7.4% year-over-year, from 13.3% to 12.3%.
What is the long-term trend for Viatris's free cash flow margin?
Over 4 years (2021 to 2025), Viatris's free cash flow margin has grown at a 0.3% compound annual growth rate (CAGR), from 50.4% to 51%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.