Viatris (VTRS) Financials

$7.63 +0.09 (+1.19%)

As of 04:00 PM Eastern

Annual Income Statements for Viatris

This table shows Viatris' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	353	17	-670	-1,269	2,079	55	-634
Consolidated Net Income / (Loss)	353	17	-670	-1,269	2,079	55	-634
Net Income / (Loss) Continuing Operations	353	17	-670	-1,269	2,079	55	-634
Total Pre-Tax Income	298	154	-721	-664	2,813	203	-623
Total Operating Income	906	716	-211	-34	1,615	766	10
Total Gross Profit	4,002	3,898	3,797	5,576	6,497	6,439	5,624
Total Revenue	11,434	11,501	11,946	17,886	16,263	15,427	14,739
Operating Revenue	11,269	11,370	11,820	17,814	16,218	15,388	14,693
Other Revenue	165	130	126	73	45	39	47
Total Cost of Revenue	7,432	7,603	8,149	12,311	9,766	8,988	9,116
Operating Cost of Revenue	7,432	7,603	8,149	12,311	9,766	8,988	9,116
Total Operating Expenses	3,096	3,182	4,008	5,610	4,882	5,672	5,614
Selling, General & Admin Expense	2,441	2,564	3,345	4,529	4,179	4,650	4,426
Research & Development Expense	705	640	555	751	699	911	837
Other Special Charges / (Income)	-50	-21	108	329	4.40	112	351
Total Other Income / (Expense), net	-607	-561	-510	-630	1,198	-563	-633
Interest Expense	542	517	498	636	592	573	550
Other Income / (Expense), net	-65	-44	-13	5.80	1,791	9.80	-83
Income Tax Expense	-54	138	-51	605	735	148	11
Basic Earnings per Share	$0.69	$0.03	($1.11)	($1.05)	$1.71	$0.05	($0.53)
Weighted Average Basic Shares Outstanding	514.50M	515.70M	601.20M	1.21B	1.21B	0.00	0.00
Diluted Earnings per Share	$0.68	$0.03	($1.11)	($1.05)	$1.71	$0.05	($0.53)
Weighted Average Diluted Shares Outstanding	516.50M	516.50M	601.20M	1.21B	1.22B	0.00	0.00
Weighted Average Basic & Diluted Shares Outstanding	-	-	1.21B	1.21B	2.39B	2.38B	1.19B
Cash Dividends to Common per Share	-	-	-	$0.33	$0.48	$0.48	$0.48

This table shows Viatris' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	354	1,011	225	264	332	-766	114	-326	95	-517
Consolidated Net Income / (Loss)	354	1,011	225	264	332	-766	114	-326	95	-517
Net Income / (Loss) Continuing Operations	354	1,011	225	264	332	-766	114	-326	95	-517
Total Pre-Tax Income	428	1,469	323	333	402	-855	205	-392	91	-527
Total Operating Income	560	-201	400	369	452	-455	204	-240	226	-180
Total Gross Profit	1,748	1,274	1,542	1,609	1,691	1,597	1,504	1,445	1,459	1,215
Total Revenue	4,078	3,876	3,729	3,919	3,942	3,837	3,663	3,797	3,751	3,528
Operating Revenue	4,067	3,867	3,719	3,910	3,934	3,826	3,654	3,786	3,738	3,515
Other Revenue	11	8.90	10	9.10	8.00	11	9.90	11	13	13
Total Cost of Revenue	2,330	2,602	2,187	2,310	2,251	2,241	2,159	2,351	2,292	2,313
Operating Cost of Revenue	2,330	2,602	2,187	2,310	2,251	2,241	2,159	2,351	2,292	2,313
Total Operating Expenses	1,188	1,475	1,142	1,239	1,240	2,051	1,300	1,685	1,233	1,395
Selling, General & Admin Expense	1,017	1,265	959	1,032	1,054	1,606	1,018	1,358	1,003	1,047
Research & Development Expense	175	219	183	208	211	308	206	204	198	229
Other Special Charges / (Income)	-3.90	-8.80	0.60	-11	-26	148	77	131	32	112
Total Other Income / (Expense), net	-133	1,670	-77	-36	-50	-401	0.70	-152	-135	-347
Interest Expense	153	147	147	144	142	141	138	146	146	120
Other Income / (Expense), net	21	1,817	70	108	92	-260	139	-6.10	10	-227
Income Tax Expense	73	458	98	69	71	-89	91	-65	-4.30	-10
Basic Earnings per Share	$0.29	$0.83	$0.19	$0.22	$0.28	($0.64)	$0.10	($0.27)	$0.08	($0.44)
Weighted Average Basic Shares Outstanding	0.00	1.21B	1.20B	1.20B	1.20B	0.00	1.20B	1.19B	1.19B	0.00
Diluted Earnings per Share	$0.29	$0.83	$0.19	$0.22	$0.27	($0.63)	$0.09	($0.27)	$0.08	($0.43)
Weighted Average Diluted Shares Outstanding	0.00	1.22B	1.21B	1.20B	1.21B	0.00	1.21B	1.19B	1.20B	0.00
Weighted Average Basic & Diluted Shares Outstanding	1.21B	2.39B	1.20B	1.20B	1.20B	2.38B	1.19B	1.19B	1.19B	1.19B

This table details how cash moves in and out of Viatris' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	19	102	359	-144	556	-269	-258
Net Cash From Operating Activities	2,342	1,804	1,232	3,017	2,999	2,900	2,303
Net Cash From Continuing Operating Activities	2,342	1,815	1,232	3,017	2,999	2,900	2,303
Net Income / (Loss) Continuing Operations	353	17	-670	-1,269	2,079	55	-634
Consolidated Net Income / (Loss)	353	17	-670	-1,269	2,079	55	-634
Depreciation Expense	2,110	2,019	2,216	4,507	3,028	2,741	2,893
Non-Cash Adjustments To Reconcile Net Income	333	287	595	909	-1,185	1,203	1,130
Changes in Operating Assets and Liabilities, net	-453	-508	-910	-1,129	-923	-1,098	-1,086
Net Cash From Investing Activities	-1,210	-525	-301	-118	1,474	-865	1,801
Net Cash From Continuing Investing Activities	-1,210	-525	-301	-118	1,474	-865	1,801
Purchase of Property, Plant & Equipment	-252	-213	-243	-457	-406	-377	-326
Acquisitions	-66	-149	416	277	0.00	-668	-350
Purchase of Investments	-63	-26	-105	-30	-30	-26	-26
Sale of Property, Plant & Equipment	0.00	0.00	2.10	18	14	14	2.70
Divestitures	29	28	20	97	1,950	364	2,507
Sale and/or Maturity of Investments	85	27	47	30	30	26	26
Other Investing Activities, net	-944	-193	-438	-52	-83	-198	-33
Net Cash From Financing Activities	-1,091	-1,169	-606	-3,012	-3,878	-2,302	-4,330
Net Cash From Continuing Financing Activities	-1,091	-1,169	-606	-3,012	-3,878	-2,302	-4,330
Repayment of Debt	-3,232	-1,116	-1,390	-3,821	-5,139	-1,423	-3,423
Repurchase of Common Equity	-432	-	-	0.00	0.00	-250	-250
Payment of Dividends	-13	-60	-49	-428	-601	-584	-606
Issuance of Debt	2,578	7.40	983	1,710	1,876	0.30	0.00
Issuance of Common Equity	-	-	0.00	0.00	3.30	3.10	2.50
Other Financing Activities, net	7.70	-0.30	-151	-473	-17	-48	-53
Effect of Exchange Rate Changes	-21	-7.50	34	-31	-39	-2.50	-31
Cash Interest Paid	461	471	555	685	643	612	561
Cash Income Taxes Paid	229	279	324	642	735	571	514

This table details how cash moves in and out of Viatris' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-19	612	-752	121	680	-318	22	-97	962	-1,144
Net Cash From Operating Activities	869	189	971	525	835	569	615	379	827	483
Net Cash From Continuing Operating Activities	869	189	971	525	835	569	615	379	839	470
Net Income / (Loss) Continuing Operations	354	1,011	225	264	332	-766	114	-326	95	-517
Consolidated Net Income / (Loss)	354	1,011	225	264	332	-766	114	-326	95	-517
Depreciation Expense	700	870	730	687	679	644	691	786	670	746
Non-Cash Adjustments To Reconcile Net Income	192	-1,291	75	54	-99	1,174	48	499	248	335
Changes in Operating Assets and Liabilities, net	-377	-401	-58	-480	-77	-484	-239	-580	-174	-94
Net Cash From Investing Activities	-115	1,738	-750	-87	-55	27	-154	376	1,748	-169
Net Cash From Continuing Investing Activities	-115	1,738	-750	-87	-55	27	-154	376	1,735	-156
Purchase of Property, Plant & Equipment	-104	-154	-48	-68	-96	-166	-50	-59	-77	-140
Purchase of Investments	-10	-6.90	-9.00	-7.60	-4.30	-5.40	-7.70	-5.60	-8.40	-4.30
Sale of Property, Plant & Equipment	0.60	0.40	0.70	12	0.30	0.60	0.70	0.70	0.80	0.50
Divestitures	-	-	0.00	-	48	316	241	437	1,833	-3.10
Sale and/or Maturity of Investments	10	6.90	9.00	7.60	4.30	5.40	7.70	5.60	8.40	4.30
Other Investing Activities, net	-12	-59	-35	-31	-7.30	-125	4.20	-3.20	-21	-13
Net Cash From Financing Activities	-759	-1,331	-975	-304	-98	-926	-426	-848	-1,637	-1,420
Net Cash From Continuing Financing Activities	-759	-1,331	-965	-313	-98	-926	-426	-848	-1,637	-1,420
Repayment of Debt	-1,695	-1,182	-738	44	48	-777	6.20	-679	-1,474	-1,276
Payment of Dividends	-146	-146	-152	-144	-144	-144	-154	-166	-143	-143
Issuance of Debt	1,080	0.10	205	-	-	-	-	-	-	-1.50
Issuance of Common Equity	1.80	0.80	0.90	0.80	0.80	0.60	0.60	0.70	0.60	0.60

This table presents Viatris' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Total Assets	31,256	61,553	54,843	50,022	47,686	41,501
Total Current Assets	6,757	12,868	10,903	10,635	12,976	9,521
Cash & Equivalents	476	844	701	1,260	992	735
Accounts Receivable	3,059	4,844	4,266	3,815	3,700	3,221
Inventories, net	2,671	5,472	3,978	3,520	3,470	3,854
Prepaid Expenses	552	1,707	1,958	1,811	2,028	1,711
Other Current Nonoperating Assets	-	-	0.00	230	2,786	0.00
Plant, Property, & Equipment, net	2,150	3,460	3,189	3,025	2,760	2,666
Total Noncurrent Assets	22,349	45,226	40,751	36,362	31,950	29,314
Goodwill	9,591	12,347	12,114	10,426	9,867	9,133
Intangible Assets	11,650	29,683	26,134	22,607	19,181	17,071
Noncurrent Deferred & Refundable Income Taxes	703	2,148	1,333	926	693	753
Other Noncurrent Operating Assets	405	1,048	1,171	2,404	2,209	2,357
Total Liabilities & Shareholders' Equity	31,256	61,553	54,843	50,022	47,686	41,501
Total Liabilities	19,372	38,599	34,350	28,950	27,218	22,865
Total Current Liabilities	5,569	10,563	9,884	6,746	7,777	5,779
Short-Term Debt	1,508	3,409	3,371	1,259	1,943	8.30
Accounts Payable	1,528	1,904	1,657	1,767	1,938	1,854
Current Deferred & Payable Income Tax Liabilities	213	289	237	280	227	193
Other Current Liabilities	2,320	4,961	4,620	3,441	3,394	3,725
Other Current Nonoperating Liabilities	-	-	-	0.00	275	0.00
Total Noncurrent Liabilities	13,803	28,036	24,466	22,204	19,441	17,086
Long-Term Debt	11,214	22,429	19,717	18,015	16,188	14,039
Noncurrent Deferred & Payable Income Tax Liabilities	1,628	3,124	2,815	2,432	1,736	1,108
Other Noncurrent Operating Liabilities	961	2,483	1,934	1,757	1,517	1,939
Total Equity & Noncontrolling Interests	11,884	22,954	20,493	21,072	20,467	18,636
Total Preferred & Common Equity	12,884	22,954	20,493	23,834	20,719	19,140
Total Common Equity	11,884	22,954	20,493	23,834	23,215	18,636
Common Stock	8,650	18,451	18,548	18,658	18,827	18,934
Retained Earnings	6,031	5,361	3,689	5,176	4,640	3,419
Treasury Stock	-1,000	-	-	0.00	-252	-504
Accumulated Other Comprehensive Income / (Loss)	-1,797	-858	-1,744	0.00	0.00	-3,213

This table presents Viatris' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	48,663	50,022	49,290	48,695	48,743	47,686	47,344	45,330	44,754	41,501
Total Current Assets	10,488	10,635	9,630	9,778	10,932	12,976	12,924	11,792	11,308	9,521
Cash & Equivalents	647	1,260	507	629	1,310	992	1,015	917	1,879	735
Accounts Receivable	3,334	3,815	3,498	3,607	3,739	3,700	3,632	3,567	3,717	3,221
Inventories, net	3,380	3,520	3,664	3,642	3,672	3,470	3,823	3,942	4,085	3,854
Prepaid Expenses	1,700	1,811	1,764	1,725	1,785	2,028	1,933	1,757	1,627	1,711
Other Current Nonoperating Assets	1,426	230	-	-	427	2,786	2,520	1,609	0.00	0.00
Plant, Property, & Equipment, net	3,039	3,025	3,008	2,983	2,927	2,760	2,708	2,663	2,677	2,666
Total Noncurrent Assets	35,136	36,362	36,652	35,934	34,884	31,950	31,712	30,875	30,770	29,314
Goodwill	10,055	10,426	10,573	10,533	10,278	9,867	9,694	9,326	9,562	9,133
Intangible Assets	23,013	22,607	22,702	22,084	21,281	19,181	19,134	18,419	17,979	17,071
Noncurrent Deferred & Refundable Income Taxes	1,104	926	959	966	930	693	653	685	763	753
Other Noncurrent Operating Assets	964	2,404	2,418	2,351	2,395	2,209	2,232	2,445	2,466	2,357
Total Liabilities & Shareholders' Equity	48,663	50,022	49,290	48,695	48,743	47,686	47,344	45,330	44,754	41,501
Total Liabilities	29,480	28,950	28,362	27,852	27,877	27,218	27,329	25,810	24,962	22,865
Total Current Liabilities	6,521	6,746	6,108	6,524	6,834	7,777	7,760	7,709	7,512	5,779
Short-Term Debt	1,264	1,259	713	1,358	1,308	1,943	1,898	2,367	1,447	8.30
Accounts Payable	1,311	1,767	1,958	1,962	1,989	1,938	2,197	1,958	1,926	1,854
Current Deferred & Payable Income Tax Liabilities	107	280	245	158	207	227	148	118	284	193
Other Current Liabilities	3,505	3,441	3,193	3,046	3,316	3,394	3,282	3,234	3,856	3,725
Other Current Nonoperating Liabilities	335	0.00	-	-	14	275	235	33	0.00	0.00
Total Noncurrent Liabilities	22,959	22,204	22,254	21,328	21,043	19,441	19,570	18,101	17,449	17,086
Long-Term Debt	18,725	18,015	18,069	17,246	17,077	16,188	16,073	14,731	14,303	14,039
Noncurrent Deferred & Payable Income Tax Liabilities	2,489	2,432	2,465	2,408	2,319	1,736	1,672	1,574	1,277	1,108
Other Noncurrent Operating Liabilities	1,745	1,757	1,720	1,674	1,647	1,517	1,825	1,796	1,869	1,939
Total Equity & Noncontrolling Interests	19,182	21,072	20,928	20,843	20,866	20,467	20,014	19,520	19,792	18,636
Total Preferred & Common Equity	19,182	23,834	21,180	21,095	21,117	20,719	20,519	20,024	20,297	19,140
Total Common Equity	19,182	23,834	20,928	21,095	21,117	23,215	20,014	19,520	19,792	18,636
Common Stock	18,629	18,658	18,692	18,732	18,773	18,827	18,852	18,866	18,901	18,934
Retained Earnings	4,313	5,176	5,253	5,369	5,553	4,640	4,608	4,134	4,082	3,419
Treasury Stock	-	0.00	-252	-	-	-252	-504	-504	-504	-504
Accumulated Other Comprehensive Income / (Loss)	-3,759	0.00	-2,765	-3,006	-3,209	0.00	-2,941	-2,975	-2,686	-3,213

This table displays calculated financial ratios and metrics derived from Viatris' official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.58%	3.87%	49.73%	-9.08%	-5.14%	-4.46%
EBITDA Growth	0.00%	-8.80%	-25.95%	124.74%	43.65%	-45.34%	-19.81%
EBIT Growth	0.00%	-20.10%	-133.26%	87.38%	12,176.60%	-77.21%	-109.43%
NOPAT Growth	0.00%	-92.72%	-289.54%	83.87%	5,113.48%	-82.69%	-96.58%
Net Income Growth	0.00%	-95.23%	-4,087.50%	-89.45%	263.79%	-97.37%	-1,259.42%
EPS Growth	0.00%	-95.59%	-3,800.00%	5.41%	262.86%	-97.08%	-1,160.00%
Operating Cash Flow Growth	0.00%	-22.97%	-31.71%	144.92%	-0.59%	-3.30%	-20.59%
Free Cash Flow Firm Growth	0.00%	0.00%	0.36%	121.05%	3.38%	-23.95%	-20.46%
Invested Capital Growth	0.00%	0.00%	98.70%	-10.57%	-9.38%	-9.68%	-8.97%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	4.18%	-2.78%	-0.25%	-2.05%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	15.77%	38.60%	-42.09%	16.99%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	96.65%	96.41%	-75.02%	80.79%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	95.94%	-2.61%	-72.04%	103.82%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	33.94%	158.66%	-97.01%	28.20%
EPS Q/Q Growth	0.00%	0.00%	0.00%	56.61%	159.09%	-96.69%	27.40%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	19.25%	-10.02%	17.21%	0.64%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-31.78%	515.31%	-14.22%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-2.22%	3.80%	-6.48%	-5.10%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	35.00%	33.89%	31.78%	31.17%	39.95%	41.74%	38.15%
EBITDA Margin	25.81%	23.40%	16.68%	25.04%	39.56%	22.79%	19.13%
Operating Margin	7.92%	6.22%	-1.76%	-0.19%	9.93%	4.97%	0.07%
EBIT Margin	7.35%	5.84%	-1.87%	-0.16%	20.94%	5.03%	-0.50%
Profit (Net Income) Margin	3.08%	0.15%	-5.61%	-7.10%	12.78%	0.35%	-4.30%
Tax Burden Percent	118.13%	10.88%	92.89%	191.01%	73.89%	26.96%	101.77%
Interest Burden Percent	35.49%	22.99%	322.83%	2,356.03%	82.61%	26.15%	851.37%
Effective Tax Rate	-18.13%	89.12%	0.00%	0.00%	26.11%	73.04%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.65%	-0.41%	-0.05%	2.92%	0.56%	0.02%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-0.35%	-3.21%	-5.31%	7.33%	-0.38%	-4.57%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-0.36%	-3.44%	-5.79%	7.08%	-0.30%	-3.26%
Return on Equity (ROE)	0.00%	0.28%	-3.85%	-5.84%	10.00%	0.26%	-3.24%
Cash Return on Invested Capital (CROIC)	0.00%	-199.35%	-66.50%	11.11%	12.76%	10.73%	9.41%
Operating Return on Assets (OROA)	0.00%	2.15%	-0.48%	-0.05%	6.50%	1.59%	-0.16%
Return on Assets (ROA)	0.00%	0.05%	-1.44%	-2.18%	3.96%	0.11%	-1.42%
Return on Common Equity (ROCE)	0.00%	0.28%	-3.85%	-5.84%	10.67%	0.30%	-3.47%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.13%	-2.92%	-6.19%	8.72%	0.26%	-3.31%
Net Operating Profit after Tax (NOPAT)	1,070	78	-148	-24	1,193	207	7.07
NOPAT Margin	9.36%	0.68%	-1.24%	-0.13%	7.34%	1.34%	0.05%
Net Nonoperating Expense Percent (NNEP)	0.00%	1.00%	2.81%	5.26%	-4.41%	0.94%	4.59%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	2.96%	0.54%	0.02%
Cost of Revenue to Revenue	65.00%	66.11%	68.22%	68.83%	60.05%	58.26%	61.85%
SG&A Expenses to Revenue	21.35%	22.29%	28.00%	25.32%	25.70%	30.14%	30.03%
R&D to Revenue	6.16%	5.56%	4.65%	4.20%	4.30%	5.90%	5.68%
Operating Expenses to Revenue	27.08%	27.67%	33.55%	31.36%	30.02%	36.77%	38.09%
Earnings before Interest and Taxes (EBIT)	841	672	-223	-28	3,406	776	-73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,951	2,691	1,993	4,478	6,433	3,517	2,820
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.73	0.52	0.54	0.80
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.84	0.76	0.81	1.01
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	5.95	228.14	0.00
Dividend Yield	0.00%	0.00%	0.00%	2.67%	4.71%	4.61%	3.86%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	16.82%	0.44%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.52	0.87	0.78	0.84	0.88
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.09	2.09	1.87	1.92	1.91
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	12.54	8.34	4.72	8.42	9.99
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	8.92	38.17	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	25.46	143.39	3,984.81
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	20.29	12.38	10.13	10.21	12.23
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	7.40	5.82	7.47	8.93
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	1.07	1.13	1.13	0.91	0.89	0.75
Long-Term Debt to Equity	0.00	0.94	0.98	0.96	0.85	0.79	0.75
Financial Leverage	0.00	1.03	1.07	1.09	0.97	0.78	0.71
Leverage Ratio	0.00	2.63	2.66	2.68	2.52	2.35	2.28
Compound Leverage Factor	0.00	0.60	8.60	63.12	2.08	0.62	19.42
Debt to Total Capital	0.00%	51.70%	52.96%	52.98%	47.77%	46.97%	42.98%
Short-Term Debt to Total Capital	0.00%	6.13%	6.99%	7.73%	3.12%	5.03%	0.03%
Long-Term Debt to Total Capital	0.00%	45.58%	45.97%	45.24%	44.65%	41.94%	42.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	48.30%	47.04%	47.02%	59.07%	60.14%	57.02%
Debt to EBITDA	0.00	4.73	12.97	5.16	3.00	5.16	4.98
Net Debt to EBITDA	0.00	4.55	12.54	5.00	2.80	4.87	4.72
Long-Term Debt to EBITDA	0.00	4.17	11.26	4.40	2.80	4.60	4.98
Debt to NOPAT	0.00	163.42	-175.11	-970.07	16.15	87.78	1,986.87
Net Debt to NOPAT	0.00	157.31	-169.38	-940.61	15.10	82.98	1,882.94
Long-Term Debt to NOPAT	0.00	144.05	-152.00	-828.45	15.10	78.37	1,985.70
Altman Z-Score	0.00	0.00	0.35	0.70	1.04	0.92	0.96
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	-6.64%	-13.26%	-7.03%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	1.21	1.22	1.10	1.58	1.67	1.65
Quick Ratio	0.00	0.63	0.54	0.50	0.75	0.60	0.68
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-24,053	-23,965	5,045	5,216	3,967	3,155
Operating Cash Flow to CapEx	928.88%	846.01%	511.33%	687.38%	764.66%	798.90%	712.31%
Free Cash Flow to Firm to Interest Expense	0.00	-46.50	-48.14	7.93	8.80	6.92	5.74
Operating Cash Flow to Interest Expense	4.32	3.49	2.47	4.74	5.06	5.06	4.19
Operating Cash Flow Less CapEx to Interest Expense	3.85	3.07	1.99	4.05	4.40	4.43	3.60
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.37	0.26	0.31	0.31	0.32	0.33
Accounts Receivable Turnover	0.00	3.76	3.02	3.93	4.03	4.11	4.26
Inventory Turnover	0.00	2.85	2.00	2.61	2.61	2.57	2.49
Fixed Asset Turnover	0.00	5.35	4.26	5.38	5.24	5.33	5.43
Accounts Payable Turnover	0.00	4.98	4.75	6.91	5.70	4.85	4.81
Days Sales Outstanding (DSO)	0.00	97.08	120.73	92.95	90.68	88.90	85.70
Days Inventory Outstanding (DIO)	0.00	128.22	182.35	140.08	140.11	141.91	146.63
Days Payable Outstanding (DPO)	0.00	73.36	76.86	52.80	63.99	75.22	75.92
Cash Conversion Cycle (CCC)	0.00	151.94	226.22	180.24	166.80	155.59	156.41
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	24,131	47,948	42,879	38,856	35,096	31,948
Invested Capital Turnover	0.00	0.95	0.33	0.39	0.40	0.42	0.44
Increase / (Decrease) in Invested Capital	0.00	24,131	23,818	-5,069	-4,023	-3,760	-3,148
Enterprise Value (EV)	0.00	0.00	24,994	37,360	30,375	29,619	28,173
Market Capitalization	0.00	0.00	0.00	14,974	12,361	12,479	14,860
Book Value per Share	$0.00	$23.04	$229,541,000.00	$16.94	$19.65	$19.35	$15.61
Tangible Book Value per Share	$0.00	($18.14)	($190,761,000.00)	($14.68)	($7.59)	($4.86)	($6.34)
Total Capital	0.00	24,606	48,793	43,580	40,347	38,599	32,683
Total Debt	0.00	12,722	25,839	23,088	19,274	18,132	14,047
Total Long-Term Debt	0.00	11,214	22,429	19,717	18,015	16,188	14,039
Net Debt	0.00	12,247	24,994	22,386	18,014	17,140	13,312
Capital Expenditures (CapEx)	252	213	241	439	392	363	323
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	2,221	4,870	3,688	3,888	6,150	3,015
Debt-free Net Working Capital (DFNWC)	0.00	2,696	5,714	4,389	5,148	7,142	3,750
Net Working Capital (NWC)	0.00	1,188	2,305	1,019	3,889	5,199	3,741
Net Nonoperating Expense (NNE)	717	61	522	1,245	-885	152	641
Net Nonoperating Obligations (NNO)	0.00	12,247	24,994	22,386	17,784	14,629	13,312
Total Depreciation and Amortization (D&A)	2,110	2,019	2,216	4,507	3,028	2,741	2,893
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	19.31%	40.76%	20.62%	23.91%	39.87%	20.45%
Debt-free Net Working Capital to Revenue	0.00%	23.45%	47.83%	24.54%	31.66%	46.30%	25.44%
Net Working Capital to Revenue	0.00%	10.33%	19.29%	5.69%	23.91%	33.70%	25.38%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.11)	($1.05)	$1.71	$0.05	($0.53)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	601.20M	1.21B	1.21B	0.00	0.00
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.11)	($1.05)	$1.71	$0.05	($0.53)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	601.20M	1.21B	1.22B	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	1.21B	1.21B	2.39B	2.38B	1.19B
Normalized Net Operating Profit after Tax (NOPAT)	599	486	-72	207	1,196	614	253
Normalized NOPAT Margin	5.24%	4.22%	-0.60%	1.16%	7.36%	3.98%	1.71%
Pre Tax Income Margin	2.61%	1.34%	-6.04%	-3.71%	17.30%	1.32%	-4.23%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	1.55	1.30	-0.45	-0.04	5.75	1.35	-0.13
NOPAT to Interest Expense	1.97	0.15	-0.30	-0.04	2.01	0.36	0.01
EBIT Less CapEx to Interest Expense	1.09	0.89	-0.93	-0.73	5.09	0.72	-0.72
NOPAT Less CapEx to Interest Expense	1.51	-0.26	-0.78	-0.73	1.35	-0.27	-0.58
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	3.55%	358.93%	-7.24%	-33.69%	28.89%	1,067.64%	-95.60%
Augmented Payout Ratio	126.10%	358.93%	-7.24%	-33.69%	28.89%	1,524.68%	-135.02%

This table displays calculated financial ratios and metrics derived from Viatris' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.10%	-10.72%	-11.04%	-4.81%	-3.34%	-1.00%	-1.76%	-3.11%	-4.84%	-8.06%
EBITDA Growth	-6.48%	258.13%	-14.90%	-7.48%	-4.46%	-102.80%	-13.81%	-53.56%	-25.94%	587.66%
EBIT Growth	65.07%	3,001.26%	-30.28%	-10.93%	-6.37%	-144.19%	-26.97%	-151.60%	-56.58%	43.10%
NOPAT Growth	-16.70%	-155.11%	-48.00%	-33.84%	-19.77%	-129.58%	-59.23%	-157.37%	-36.46%	60.44%
Net Income Growth	13.74%	483.32%	-43.71%	-15.90%	-6.41%	-175.71%	-49.31%	-223.64%	-71.41%	32.54%
EPS Growth	11.54%	477.27%	-42.42%	-15.38%	-6.90%	-175.90%	-52.63%	-222.73%	-70.37%	31.75%
Operating Cash Flow Growth	-19.95%	-63.87%	-14.69%	-34.57%	-3.89%	200.79%	-36.72%	-27.80%	-1.04%	-15.09%
Free Cash Flow Firm Growth	115.87%	-22.55%	-64.77%	-93.31%	-95.96%	-11.38%	167.13%	952.94%	1,373.79%	-12.20%
Invested Capital Growth	-14.64%	-9.38%	-3.58%	-0.35%	0.25%	-9.68%	-11.53%	-12.09%	-10.30%	-8.97%
Revenue Q/Q Growth	-0.94%	-4.96%	-3.79%	5.08%	0.59%	-2.65%	-4.53%	3.64%	-1.20%	-5.95%
EBITDA Q/Q Growth	1.81%	94.17%	-51.74%	-3.03%	5.13%	-105.70%	1,583.50%	-47.75%	67.65%	-62.48%
EBIT Q/Q Growth	8.50%	178.28%	-70.93%	1.49%	14.06%	-231.34%	148.03%	-171.72%	195.98%	-272.09%
NOPAT Q/Q Growth	4.92%	-129.85%	300.89%	5.14%	27.23%	-185.43%	135.68%	-247.94%	240.91%	-153.19%
Net Income Q/Q Growth	12.87%	185.41%	-77.78%	17.49%	25.61%	-330.88%	114.88%	-386.57%	129.04%	-644.83%
EPS Q/Q Growth	11.54%	186.21%	-77.11%	15.79%	22.73%	-333.33%	114.29%	-400.00%	129.63%	-637.50%
Operating Cash Flow Q/Q Growth	8.29%	-78.25%	581.07%	-45.93%	59.06%	-31.93%	28.20%	-38.32%	118.02%	-41.60%
Free Cash Flow Firm Q/Q Growth	7.20%	-43.59%	-55.35%	-75.22%	-35.25%	1,137.24%	34.59%	-2.34%	-9.38%	-26.29%
Invested Capital Q/Q Growth	-3.91%	3.80%	0.89%	-0.99%	-3.32%	-6.48%	-1.17%	-1.61%	-1.35%	-5.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.87%	32.87%	41.36%	41.05%	42.91%	41.60%	41.05%	38.07%	38.90%	34.44%
EBITDA Margin	31.39%	64.13%	32.17%	29.69%	31.03%	-1.82%	28.23%	14.23%	24.15%	9.63%
Operating Margin	13.73%	-5.19%	10.72%	9.42%	11.46%	-11.84%	5.57%	-6.32%	6.02%	-5.10%
EBIT Margin	14.24%	41.69%	12.60%	12.17%	13.79%	-18.61%	9.36%	-6.48%	6.29%	-11.52%
Profit (Net Income) Margin	8.69%	26.09%	6.03%	6.74%	8.41%	-19.95%	3.11%	-8.60%	2.53%	-14.64%
Tax Burden Percent	82.88%	68.84%	69.63%	79.28%	82.45%	89.54%	55.67%	83.31%	104.75%	98.10%
Interest Burden Percent	73.62%	90.90%	68.70%	69.86%	73.97%	119.73%	59.65%	159.27%	38.33%	129.58%
Effective Tax Rate	17.12%	31.16%	30.37%	20.72%	17.55%	0.00%	44.33%	0.00%	-4.75%	0.00%
Return on Invested Capital (ROIC)	4.68%	-1.42%	2.95%	3.00%	3.90%	-3.46%	1.29%	-1.85%	2.67%	-1.57%
ROIC Less NNEP Spread (ROIC-NNEP)	4.15%	4.30%	2.67%	2.84%	3.66%	-6.22%	1.29%	-2.82%	1.74%	-4.36%
Return on Net Nonoperating Assets (RNNOA)	4.21%	4.16%	2.49%	2.60%	3.19%	-4.85%	1.04%	-2.28%	1.31%	-3.12%
Return on Equity (ROE)	8.90%	2.73%	5.44%	5.59%	7.09%	-8.31%	2.33%	-4.13%	3.97%	-4.69%
Cash Return on Invested Capital (CROIC)	18.81%	12.76%	6.04%	2.46%	1.72%	10.73%	11.21%	12.79%	10.33%	9.41%
Operating Return on Assets (OROA)	4.55%	12.93%	3.87%	3.80%	4.38%	-5.88%	2.98%	-2.10%	2.03%	-3.81%
Return on Assets (ROA)	2.78%	8.09%	1.85%	2.11%	2.67%	-6.30%	0.99%	-2.79%	0.81%	-4.84%
Return on Common Equity (ROCE)	8.90%	2.92%	5.44%	5.63%	7.14%	-9.41%	2.33%	-4.15%	4.00%	-5.02%
Return on Equity Simple (ROE_SIMPLE)	4.19%	0.00%	8.99%	8.79%	8.67%	0.00%	-0.27%	-3.23%	-4.35%	0.00%
Net Operating Profit after Tax (NOPAT)	464	-139	278	293	372	-318	114	-168	237	-126
NOPAT Margin	11.38%	-3.58%	7.47%	7.47%	9.45%	-8.29%	3.10%	-4.42%	6.31%	-3.57%
Net Nonoperating Expense Percent (NNEP)	0.54%	-5.72%	0.28%	0.15%	0.23%	2.76%	0.00%	0.97%	0.93%	2.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.34%	-	-	-	-0.82%	-	-	-	-0.39%
Cost of Revenue to Revenue	57.13%	67.13%	58.64%	58.95%	57.09%	58.40%	58.95%	61.93%	61.10%	65.56%
SG&A Expenses to Revenue	24.94%	32.65%	25.71%	26.33%	26.73%	41.85%	27.77%	35.77%	26.75%	29.67%
R&D to Revenue	4.29%	5.65%	4.90%	5.32%	5.36%	8.03%	5.62%	5.38%	5.29%	6.48%
Operating Expenses to Revenue	29.14%	38.07%	30.63%	31.63%	31.45%	53.45%	35.49%	44.39%	32.88%	39.53%
Earnings before Interest and Taxes (EBIT)	581	1,616	470	477	544	-714	343	-246	236	-406
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,280	2,486	1,200	1,163	1,223	-70	1,034	540	906	340
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.51	0.52	0.53	0.54	0.54	0.54	0.72	0.65	0.70	0.80
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.58	0.76	0.70	0.73	0.73	0.81	0.93	0.83	0.92	1.01
Price to Earnings (P/E)	12.12	5.95	5.77	6.17	6.18	228.14	0.00	0.00	0.00	0.00
Dividend Yield	5.85%	4.71%	5.23%	5.03%	5.09%	4.61%	4.02%	4.52%	4.13%	3.86%
Earnings Yield	8.25%	16.82%	17.32%	16.20%	16.18%	0.44%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.78	0.78	0.75	0.76	0.76	0.84	0.90	0.85	0.82	0.88
Enterprise Value to Revenue (EV/Rev)	1.74	1.87	1.85	1.89	1.84	1.92	2.04	1.89	1.84	1.91
Enterprise Value to EBITDA (EV/EBITDA)	6.27	4.72	4.70	4.80	4.68	8.42	9.34	10.57	11.50	9.99
Enterprise Value to EBIT (EV/EBIT)	16.77	8.92	9.14	9.36	9.14	38.17	48.18	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	23.74	25.46	30.67	35.90	38.43	143.39	0.00	0.00	0.00	3,984.81
Enterprise Value to Operating Cash Flow (EV/OCF)	8.73	10.13	10.51	11.73	11.48	10.21	12.80	12.55	12.12	12.23
Enterprise Value to Free Cash Flow (EV/FCFF)	3.80	5.82	12.14	30.76	44.04	7.47	7.55	6.18	7.54	8.93
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.04	0.91	0.90	0.89	0.88	0.89	0.90	0.88	0.80	0.75
Long-Term Debt to Equity	0.98	0.85	0.86	0.83	0.82	0.79	0.80	0.75	0.72	0.75
Financial Leverage	1.02	0.97	0.93	0.91	0.87	0.78	0.80	0.81	0.75	0.71
Leverage Ratio	2.60	2.52	2.48	2.46	2.43	2.35	2.36	2.33	2.30	2.28
Compound Leverage Factor	1.91	2.29	1.71	1.72	1.80	2.82	1.41	3.71	0.88	2.96
Debt to Total Capital	51.03%	47.77%	47.30%	47.16%	46.84%	46.97%	47.31%	46.69%	44.31%	42.98%
Short-Term Debt to Total Capital	3.23%	3.12%	1.80%	3.44%	3.33%	5.03%	5.00%	6.47%	4.07%	0.03%
Long-Term Debt to Total Capital	47.80%	44.65%	45.50%	43.72%	43.51%	41.94%	42.31%	40.23%	40.24%	42.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	48.97%	59.07%	52.70%	53.48%	53.80%	60.14%	52.69%	53.31%	55.69%	57.02%
Debt to EBITDA	4.31	3.00	3.02	3.04	3.03	5.16	5.36	6.27	6.53	4.98
Net Debt to EBITDA	4.17	2.80	2.94	2.93	2.81	4.87	5.06	5.93	5.75	4.72
Long-Term Debt to EBITDA	4.03	2.80	2.90	2.81	2.81	4.60	4.80	5.40	5.93	4.98
Debt to NOPAT	16.32	16.15	19.68	22.70	24.88	87.78	-47.63	-629.55	-85.03	1,986.87
Net Debt to NOPAT	15.79	15.10	19.15	21.94	23.11	82.98	-44.94	-595.78	-74.89	1,882.94
Long-Term Debt to NOPAT	15.28	15.10	18.93	21.05	23.11	78.37	-42.60	-542.39	-77.22	1,985.70
Altman Z-Score	0.80	0.93	0.82	0.83	0.86	0.82	0.93	0.85	0.92	0.94
Noncontrolling Interest Sharing Ratio	0.00%	-6.64%	0.00%	-0.62%	-0.63%	-13.26%	0.00%	-0.62%	-0.62%	-7.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.61	1.58	1.58	1.50	1.60	1.67	1.67	1.53	1.51	1.65
Quick Ratio	0.61	0.75	0.66	0.65	0.74	0.60	0.60	0.58	0.74	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	6,885	3,884	1,734	430	278	3,442	4,633	4,524	4,100	3,022
Operating Cash Flow to CapEx	841.24%	123.29%	2,062.00%	947.83%	873.64%	344.75%	1,251.73%	652.50%	1,084.65%	345.03%
Free Cash Flow to Firm to Interest Expense	44.94	26.40	11.80	2.99	1.97	24.43	33.47	31.03	28.16	25.14
Operating Cash Flow to Interest Expense	5.67	1.28	6.61	3.65	5.90	4.03	4.44	2.60	5.68	4.02
Operating Cash Flow Less CapEx to Interest Expense	5.00	0.24	6.29	3.27	5.23	2.86	4.09	2.20	5.15	2.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.32	0.31	0.31	0.31	0.32	0.32	0.32	0.32	0.32	0.33
Accounts Receivable Turnover	4.36	4.03	4.16	4.25	4.37	4.11	4.31	4.25	4.04	4.26
Inventory Turnover	2.67	2.61	2.56	2.60	2.65	2.57	2.39	2.37	2.33	2.49
Fixed Asset Turnover	5.44	5.24	5.13	5.14	5.18	5.33	5.37	5.40	5.37	5.43
Accounts Payable Turnover	6.71	5.70	5.51	5.19	5.67	4.85	4.31	4.59	4.62	4.81
Days Sales Outstanding (DSO)	83.78	90.68	87.68	85.90	83.46	88.90	84.70	85.92	90.42	85.70
Days Inventory Outstanding (DIO)	136.75	140.11	142.86	140.41	137.66	141.91	152.49	153.74	156.53	146.63
Days Payable Outstanding (DPO)	54.43	63.99	66.19	70.30	64.41	75.22	84.61	79.46	79.01	75.92
Cash Conversion Cycle (CCC)	166.10	166.80	164.35	156.00	156.71	155.59	152.59	160.20	167.94	156.41
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	37,433	38,856	39,204	38,818	37,527	35,096	34,685	34,125	33,664	31,948
Invested Capital Turnover	0.41	0.40	0.40	0.40	0.41	0.42	0.42	0.42	0.42	0.44
Increase / (Decrease) in Invested Capital	-6,421	-4,023	-1,456	-137	94	-3,760	-4,519	-4,692	-3,864	-3,148
Enterprise Value (EV)	29,086	30,375	29,269	29,419	28,392	29,619	31,280	28,838	27,728	28,173
Market Capitalization	9,744	12,361	10,993	11,445	11,318	12,479	14,324	12,657	13,857	14,860
Book Value per Share	$15.82	$19.65	$17.49	$17.59	$17.60	$19.35	$16.75	$16.39	$16.58	$15.61
Tangible Book Value per Share	($11.45)	($7.59)	($10.32)	($9.61)	($8.70)	($4.86)	($7.37)	($6.91)	($6.49)	($6.34)
Total Capital	39,171	40,347	39,711	39,447	39,250	38,599	37,985	36,619	35,543	32,683
Total Debt	19,989	19,274	18,783	18,604	18,384	18,132	17,971	17,099	15,750	14,047
Total Long-Term Debt	18,725	18,015	18,069	17,246	17,077	16,188	16,073	14,731	14,303	14,039
Net Debt	19,342	18,014	18,276	17,974	17,075	17,140	16,956	16,181	13,871	13,312
Capital Expenditures (CapEx)	103	153	47	55	96	165	49	58	76	140
Debt-free, Cash-free Net Working Capital (DFCFNWC)	4,584	3,888	3,729	3,983	4,096	6,150	6,047	5,533	3,363	3,015
Debt-free Net Working Capital (DFNWC)	5,231	5,148	4,236	4,612	5,406	7,142	7,062	6,450	5,242	3,750
Net Working Capital (NWC)	3,966	3,889	3,522	3,254	4,098	5,199	5,164	4,083	3,795	3,741
Net Nonoperating Expense (NNE)	110	-1,150	54	29	41	447	-0.39	158	142	391
Net Nonoperating Obligations (NNO)	18,251	17,784	18,276	17,974	16,662	14,629	14,670	14,605	13,871	13,312
Total Depreciation and Amortization (D&A)	700	870	730	687	679	644	691	786	670	746
Debt-free, Cash-free Net Working Capital to Revenue	27.40%	23.91%	23.60%	25.53%	26.48%	39.87%	39.37%	36.31%	22.35%	20.45%
Debt-free Net Working Capital to Revenue	31.27%	31.66%	26.81%	29.56%	34.95%	46.30%	45.97%	42.33%	34.83%	25.44%
Net Working Capital to Revenue	23.71%	23.91%	22.29%	20.86%	26.50%	33.70%	33.61%	26.79%	25.22%	25.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.29	$0.83	$0.19	$0.22	$0.28	($0.64)	$0.10	($0.27)	$0.08	($0.44)
Adjusted Weighted Average Basic Shares Outstanding	1.21B	1.21B	1.20B	0.00	0.00	0.00	1.20B	1.19B	1.19B	0.00
Adjusted Diluted Earnings per Share	$0.29	$0.83	$0.19	$0.22	$0.27	($0.63)	$0.09	($0.27)	$0.08	($0.43)
Adjusted Weighted Average Diluted Shares Outstanding	1.22B	1.22B	1.21B	0.00	0.00	0.00	1.21B	1.19B	1.20B	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.21B	2.39B	1.20B	1.20B	1.20B	2.38B	1.19B	1.19B	1.19B	1.19B
Normalized Net Operating Profit after Tax (NOPAT)	461	-145	279	284	351	-214	156	-76	180	-48
Normalized NOPAT Margin	11.30%	-3.73%	7.48%	7.25%	8.90%	-5.59%	4.27%	-2.01%	4.80%	-1.35%
Pre Tax Income Margin	10.48%	37.90%	8.65%	8.50%	10.20%	-22.28%	5.59%	-10.32%	2.41%	-14.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.79	10.99	3.20	3.32	3.84	-5.07	2.48	-1.69	1.62	-3.38
NOPAT to Interest Expense	3.03	-0.94	1.89	2.04	2.63	-2.26	0.82	-1.15	1.63	-1.05
EBIT Less CapEx to Interest Expense	3.12	9.94	2.87	2.93	3.17	-6.24	2.12	-2.09	1.10	-4.54
NOPAT Less CapEx to Interest Expense	2.36	-1.98	1.57	1.65	1.96	-3.43	0.47	-1.55	1.10	-2.21
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	73.17%	28.89%	31.10%	31.66%	31.97%	1,067.64%	-1,043.67%	-94.00%	-68.72%	-95.60%
Augmented Payout Ratio	73.17%	28.89%	44.23%	45.15%	45.62%	1,524.68%	-1,489.30%	-132.67%	-97.02%	-135.02%

Frequently Asked Questions About Viatris' Financials

When does Viatris's financial year end?

According to the most recent income statement we have on file, Viatris' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Viatris' net income changed over the last 6 years?

Viatris' net income appears to be on an upward trend, with a most recent value of -$634.20 million in 2024, falling from $352.50 million in 2018. The previous period was $54.70 million in 2023.

What is Viatris's operating income?

Viatris's total operating income in 2024 was $10.10 million, based on the following breakdown:

Total Gross Profit: $5.62 billion
Total Operating Expenses: $5.61 billion

How has Viatris revenue changed over the last 6 years?

Over the last 6 years, Viatris' total revenue changed from $11.43 billion in 2018 to $14.74 billion in 2024, a change of 28.9%.

How much debt does Viatris have?

Viatris' total liabilities were at $22.87 billion at the end of 2024, a 16.0% decrease from 2023, and a 18.0% increase since 2019.

How much cash does Viatris have?

In the past 5 years, Viatris' cash and equivalents has ranged from $475.60 million in 2019 to $1.26 billion in 2022, and is currently $734.80 million as of their latest financial filing in 2024.

How has Viatris' book value per share changed over the last 6 years?

Over the last 6 years, Viatris' book value per share changed from 0.00 in 2018 to 15.61 in 2024, a change of 1,561.3%.

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This page (NASDAQ:VTRS) was last updated on 4/14/2025 by MarketBeat.com Staff

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Viatris (VTRS) Financials

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