Discontinued — last reported Q4 '23

Products & Services · Net Sales

Net sales — Net Sales

Viatris Net sales — Net Sales remained flat by 0.0% to $3.85B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 5.1%, from $4.05B to $3.85B. Over 2 years (FY 2021 to FY 2023), Net sales — Net Sales shows a downward trend with a -7.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2023
Rolls up toTotal Revenue

How to read this metric

An increase suggests growing market demand or successful pricing strategies, while a decrease may indicate market share loss, pricing pressure, or product lifecycle maturity.

Detailed definition

This metric represents the total revenue generated from the sale of goods and services within a specific business segmen...

Peer comparison

Comparable to 'Segment Revenue' or 'Net Sales by Operating Segment' reported by other global pharmaceutical and generic drug manufacturers.

Metric ID: vtrs_segment_net_sales_net_sales

Historical Data

3 years
 FY'21FY'22FY'23
Value$17.81B$16.22B$15.39B
YoY Change-9.0%-5.1%
Range$15.39B$17.81B
CAGR-7.1%
Avg YoY Growth-7.0%
Median YoY Growth-7.0%
Current Streak2+ years decline

Frequently Asked Questions

What is Viatris's net sales — net sales?
Viatris (VTRS) reported net sales — net sales of $3.85B in Q4 2023.
How has Viatris's net sales — net sales changed year-over-year?
Viatris's net sales — net sales decreased by 5.1% year-over-year, from $4.05B to $3.85B.
What is the long-term trend for Viatris's net sales — net sales?
Over 2 years (2021 to 2023), Viatris's net sales — net sales has grown at a -7.1% compound annual growth rate (CAGR), from $17.81B to $15.39B.
What does net sales — net sales mean?
The total revenue earned by a specific business segment after accounting for returns and discounts.