Viatris VTRS Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 34.4%-2.5pp | 35.1%-3.1pp | 36%-3.9pp | 36.6%-4.3pp | 36.9%-4.8pp | |
| Operating margin | 1%— | -18.6%— | —— | —— | —— | |
| Net margin | -2%+24.4pp | -24.6%-20.3pp | -26.1%— | -24.6%— | -26.4%— | |
| EBITDA margin | 20.3%+23.3pp | 0.9%-17.2pp | -0.7%— | -0.5%— | -3%— | |
| Free cash flow margin | 12.3%-1.0pp | 13.5%+0.1pp | 11.8%-1.8pp | 12.4%-0.9pp | 13.3%-0.8pp | |
| Returns | ||||||
| Return on equity | -2%+19.3pp | -21.1%-17.8pp | -21.1%— | -19.8%— | -21.3%— | |
| Return on assets | -0.8%+8.0pp | -8.9%-7.5pp | -8.9%— | -8.3%— | -8.8%— | |
| Return on invested capital | 0.5%+10.4pp | -8.8%-8.2pp | -9.2%— | -8.6%— | -9.9%— | |
| Efficiency | ||||||
| Asset turnover | 0.4×+0.1× | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Inventory turnover | 2.4×+0.1× | 2.4×-0.1× | 2.2×-0.1× | 2.2×-0.2× | 2.3×-0.1× | |
| Liquidity | ||||||
| Current ratio | 1.6×-0.1× | 1.4×-0.3× | 1.4×-0.2× | 1.4×-0.2× | 1.7×0.0× | |
| Quick ratio | 1×+0.1× | 0.8×-0.2× | 0.8×-0.2× | 0.8×-0.2× | 1×-0.2× | |
| Cash ratio | 0.3×+0.1× | 0.2×+0.1× | 0.1×-0.1× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1×+0.1× | 1×+0.2× | 1×+0.2× | 0.9×+0.1× | 0.9×0.0× | |
| Debt-to-assets | 0.4×0.0× | 0.4×+0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Net debt / EBITDA | 4.3×— | 98.8×+93.7× | —— | —— | —— | |
| Interest coverage | 0.3×+6.6× | -5.7×-5.3× | -6.1×— | -5.7×— | -6.3×— | |
| Per Share | ||||||
| Book value per share | $12.47-5.0% | —— | $13.07-20.8% | $13.27-19.0% | $13.13-20.7% | |
| Valuation | ||||||
| Market capitalization | $15.56B+49.6% | $14.34B-3.5% | $11.54B-16.5% | $10.5B-17.3% | $10.4B-27.4% | |
| Enterprise value | $28.36B+17.7% | $27.69B-2.6% | $25.26B-9.7% | $24.7B-15.3% | $24.11B-23.5% | |
| Price / sales | 1.1×+0.3× | 1×0.0× | 0.8×-0.1× | 0.7×-0.1× | 0.7×-0.2× | |
| Price / book | 1.1×+0.4× | 1×+0.2× | 0.8×+0.1× | 0.7×0.0× | 0.7×-0.1× | |
| EV / EBITDA | 9.6×— | 204.8×+194× | —— | —— | —— | |
| EV / sales | 1.9×+0.3× | 1.9×0.0× | 1.8×-0.1× | 1.8×-0.2× | 1.7×-0.4× | |
| Free cash flow yield | 11.5%-6.8pp | 13.5%+0.2pp | 14.4%-0.4pp | 16.7%+0.7pp | 18.3%+3.2pp | |
| Earnings yield | -1.9%+34.5pp | -24.5%-20.2pp | -32%— | -33%— | -36.5%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Viatris's profit margins?
- Viatris (VTRS) runs a 34.4% gross margin and a 1.0% operating margin, with a -2.0% net margin.
- Where do Viatris's ratios come from?
- Every ratio is computed from Viatris's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
