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Viatris VTRS Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

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-5×-5.4×
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19.2×+12.3×
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0.1×-0.3×
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Morgan StanleyMS
-0.2×
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0.6×-1.3×
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American ExpressAXP
0.3×+0.3×

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$20.45B+94.9%
Enterprise value$33.26B+34.7%
P/S1.4×+0.7×

Profitability

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Gross margin34.4%-2.5pp
Operating margin1%
Net margin-2%-1.0pp
FCF margin12.3%-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.

The source filing: Viatris’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001792044-26-000029

FAQ

What is Viatris's net debt?
Viatris (VTRS) reported net debt of $12.81B in Q1 2026.
How has Viatris's net debt changed year-over-year?
Viatris's net debt decreased by 6.6% year-over-year, from $13.71B to $12.81B.
What is the long-term trend for Viatris's net debt?
Over 5 years (2020 to 2025), Viatris's net debt has grown at a -10.3% compound annual growth rate (CAGR), from $23B to $13.35B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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