Viatris Inc. VTRS

17.83 0.41 2.35% as of 25 Sep
Market cap
$20.0B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 1.09
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — 1 — — 1 — — —
Insider Ownership 3.72%

Capital & Financial Ratios

Market Cap 19,990.00
Revenue 14,737.30
Net Income (410.70)
Free Cash Flow 1,890.60
Net Debt 12,464.80
Current Ratio 1.58
Debt/Equity 0.94
P/E ratio 0.00
P/S ratio 1.41
P/B ratio 1.45
Past 5Y EPS Growth (41.87%)
This Y EPS Growth 7.14%
Next Y EPS Growth 6.41%
Next 5Y EPS Growth 6.96%
in millions of $

Dividends

Payout Ratio 0.31
Annual Dividend Rate 0.48
Annual Dividend Yield 4.15%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.51
0.12
0.12
0.12
2025 0.48
0.12
0.12
0.12
0.12
2024 0.48
0.12
0.12
0.12
0.12
2023 0.48
0.12
0.12
0.12
0.12
2022 0.48
0.12
0.12
0.12
0.12
2021 0.33
0.11
0.11
0.11
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 992 735 1,322 887
Receivables 3,700 3,221 3,031 3,126
Inventory 3,470 3,854 3,999 3,933
Other 2,786 — — —
12,976 9,521 9,789 10,056
2023 2024 2025 Q'26
Payables 1,938 1,854 1,754 1,727
ST’ Debt 1,943 8 1,933 1,739
Other 3,669 3,725 3,283 2,880
7,777 5,779 7,094 6,346
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 4.25% 3.66% (4.20%)
Cash Flow 1.43% 13.46% (8.26%)
Earnings 0.00% 0.00% 0.00%
Book Value 4.18% (8.51%) (11.29%)

Revenue

Mar Jun Sep Dec Year
’26 3,517 3,757 — — —
’25 3,254 3,582 3,760 3,704 14,300
’24 3,663 3,797 3,751 3,528 14,739
’23 3,729 3,919 3,942 3,837 15,427
’22 4,192 4,117 4,078 3,876 16,263
’21 4,430 4,578 4,537 4,342 17,886
’20 2,619 2,731 2,972 3,624 11,946
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 388 382 — — —
’25 536 220 745 816 2,316
’24 615 379 827 483 2,303
’23 971 525 835 569 2,900
’22 1,139 803 869 189 2,999
’21 849 559 1,086 523 3,017
’20 291 380 525 36 1,232
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 268 336 — — —
’25 485 167 646 640 1,939
’24 805 747 2,574 339 4,466
’23 889 449 781 684 2,804
’22 1,072 721 754 24 2,570
’21 808 543 967 207 2,526
’20 181 327 467 (422) 553
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.15 (0.10) — — —
’25 (2.55) 0.00 (0.11) (0.30) (3.00)
’24 0.09 (0.27) 0.08 (0.43) (0.53)
’23 0.19 0.22 0.27 (0.64) 0.05
’22 0.33 0.26 0.29 0.83 1.71
’21 (0.86) (0.23) 0.26 (0.22) (1.05)
’20 0.04 0.08 0.36 (1.59) (1.11)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
33.60 29.39 26.03 16.63 12.75 11.96 8.42 8.74 9.93 6.85

Analyst estimates 2026–2028

Powerpack
Low Price
54.44 45.87 47.82 32.23 23.11 18.77 15.60 12.40 13.62 12.62
High Price
35,000 35,000 35,000 35,000 45,000 37,000 37,000 38,000 32,000 30,000
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
11,077 11,908 11,434 11,501 11,946 17,886 16,263 15,427 14,739 14,300
Revenue
42.40% 40.17% 35.00% 33.89% 31.78% 31.17% 39.95% 41.74% 38.15% 35.06%
Gross Margin
122 903 298 154 (721) (664) 2,813 203 (623) (3,665)
EBT
1.10% 7.58% 2.61% 1.34% (6.04%) (3.71%) 17.30% 1.32% (4.23%) (25.63%)
EBT Margin
480 696 353 17 (670) (1,269) 2,079 55 (634) (3,515)
Net Income
1,523 1,806 2,110 2,019 2,216 4,507 3,028 3,321 3,214 5,735
Depreciation
21.59 22.28 22.22 22.30 19.87 14.80 13.42 12.85 12.35 12.21
Revenue/Sh
0.94 1.30 0.69 0.03 (1.11) (1.05) 1.71 0.05 (0.53) (3.00)
Earnings/Sh
3.99 3.86 4.55 3.50 2.05 2.50 2.47 2.42 1.93 1.98
Cash Flow/Sh
(1.46) (1.51) (2.27) (0.73) (1.13) (0.41) (0.35) (0.08) 1.81 (0.32)
Capex/Sh
2.53 2.35 2.28 2.76 0.92 2.09 2.12 2.34 3.74 1.66
Free CF/Sh
21.67 24.90 23.65 23.04 38.18 16.95 17.39 17.05 15.62 12.57
Book Value/Sh
513 535 515 516 601 1,209 1,212 1,200 1,193 1,171
Shares
42.98 32.91 40.29 670.00 0.00 0.00 6.66 227.80 0.00 0.00
PE Ratio
1.81 1.94 1.23 0.90 0.94 0.91 0.85 0.89 1.01 1.02
PS Ratio
1.80 1.73 1.16 0.87 0.49 0.80 0.65 0.67 0.80 0.99
PB Ratio
3.25 3.25 2.41 2.05 3.24 2.17 1.96 2.00 2.04 1.93
EV/Sales
27.74 30.83 23.46 16.53 70.10 15.34 12.38 10.99 6.74 14.27
EV/FCF
2,047 2,065 2,342 1,804 1,232 3,017 2,999 2,900 2,303 2,316
Op' Cash Flow
(751) (809) (1,166) (378) (679) (491) (429) (96) 2,163 (377)
Capex
1,297 1,255 1,175 1,426 553 2,526 2,570 2,804 4,466 1,939
FCF
2,482 828 1,780 1,188 2,305 1,019 3,889 5,199 3,741 2,695
Working Cap'
16,898 15,956 13,863 13,683 28,322 23,088 19,274 18,132 15,986 16,429
Total Debt
15,899 15,664 13,475 13,208 27,477 22,386 18,014 17,140 15,252 15,106
Net Debt
11,118 13,308 12,167 11,884 22,954 20,493 21,072 20,467 18,636 14,711
Sh' Equity
1.68% 1.97% 1.03% 0.05% (1.44%) (2.18%) 3.96% 0.11% (1.42%) (8.93%)
ROA
1.62% 3.10% 2.21% 1.78% (0.26%) (0.05%) 2.58% 1.27% 0.02% (5.58%)
ROIC
4.60% 5.70% 2.77% 0.14% (3.85%) (5.84%) 10.00% 0.26% (3.24%) (21.08%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

VTRS metrics, ten years each

Viatris Inc. (VTRS) key facts

  • Viatris Inc. (VTRS) is a Drug Manufacturers Specialty & Generic company in the Healthcare sector, listed on Nasdaq.
  • Viatris Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, down 2.98% from fiscal 2024.
  • As of September 25, 2026, VTRS traded at $17.83, a market capitalization of $20.0 billion.
  • Viatris Inc. pays an annual dividend of $0.48 per share, a yield of 4.15%, with a payout ratio of 31.4%.
  • Return on equity was −21.1% and debt-to-equity 0.94.

Source: company filings (standardised) and stockrow calculations.

Viatris Inc. (VTRS) Latest News

News by impact score

Fine-tune

25 Sep

4

Viatris filed a lawsuit in Delaware federal court seeking a determination that its planned generic version of Wegovy would not infringe Novo Nordisk's patent on a single-dose Wegovy pen for weight loss. Mylan, Viatris' unit, asked the court to rule no infringement. Novo Nordisk generated nearly $31 billion from Wegovy and Ozempic last year. Generics for Wegovy and Ozempic cannot enter the U.S. market until 2032, when Novo Nordisk's semaglutide patents expire. Novo Nordisk has previously settled patent disputes over Wegovy/Ozempic generics with Mylan and others. A favorable ruling could unlock Wegovy generic launch earlier, materially altering Viatris' revenue trajectory.

24 Sep

4

Viatris (VTRS), market cap $10.4B, Canonsburg, PA-based global pharma, focuses on generic, complex generic, branded and innovative medicines across 165+ countries and 10+ major therapeutic areas. With 1,400+ approved molecules and more than 80 billion doses annually, Viatris is shifting toward higher-value products — complex generics, value-added medicines and innovative therapies — to broaden revenue beyond its legacy generics. The stock has risen 8.7% in the last three months, beating the S&P 500's 4.7% rise; year-to-date it’s up 37.5% and 52 weeks up 78.3%. It trades above its 200-day and above 50-day moving averages. In Sept., Japan approved WAKIX (pitolisant) for excessive daytime sleepiness linked to obstructive sleep apnea and narcolepsy, sending shares higher by 2.2%. Analysts: 11 cover, consensus Moderate Buy with a $19 target (~11% upside). No positions reported by Kritika Sarmah. WAKIX approval in Japan and emphasis on higher-value therapies could meaningfully lift growth and profitability.

20 Sep

4

Viatris won Japan MHLW approval for WAKIX (pitolisant) to treat narcolepsy and excessive daytime sleepiness in patients with airway obstruction–related sleep apnea. The oral medicine is Japan’s first histamine H3 receptor antagonist/inverse agonist for these indications and is not a controlled substance. Viatris holds Japan-only rights via Bioprojet and gained Aculys Pharma in October 2025, with an upfront $35 million and milestone/royalty components. Approval advances the investment, but pricing, launch date, and patient uptake will determine the financial contribution. UBS lifted its Viatris price target on cost savings and growth outlook. The two indications offer two demand channels: narcolepsy and EDS in treated sleep apnea. Viatris’ existing CNS ops in Japan could support launch and repeat prescriptions if uptake is durable, though no reimbursement price or sales forecast was disclosed. Q2 revenue was about $3.8 billion; a successful launch could take time. Adds a new, potentially sizable Japan revenue stream leveraging existing CNS capabilities, contingent on pricing and uptake.

16 Sep

4

Viatris receives Japan approval for WAKIX (Pitolisant) as first-in-class treatment for narcolepsy and excessive daytime sleepiness linked to obstructive sleep apnea syndrome. Japan approval of WAKIX opens new major market for Viatris in sleep disorder treatments.

3

Gilead expands lenacapavir licensing agreements to include a once-yearly HIV prevention formulation. Expanded licensing opens potential new formulation access for Viatris HIV generics portfolio.

29 Aug

3

Viatris (VTRS) faces renewed questions on generic drug earnings, with investors questioning if the current 12% stock discount sufficiently compensates for ongoing performance risks. Earnings concerns in core generics business may pressure Viatris valuation and short-term market sentiment without altering long-term trajectory.

15 Aug

3

Viatris Inc. addressed five key analyst questions during its Q2 earnings call, focusing on financial results, strategy, and outlook. Q2 earnings call questions offer moderate insight into Viatris operations and near-term strategy without major shifts.

13 Aug

4 transcript

Viatris Inc. held its Q2 2026 earnings call, covering financial results, operational updates and forward guidance. Earnings call releases detailed results and outlook that typically drive major shifts in valuation and sentiment.

11 Aug

3

Viatris Inc. reported Q2 results showing growth in China and pipeline progress, yet margin concerns are shaping the outlook. Q2 China growth and pipeline progress balanced against margin pressures signal moderately noticeable effects on future performance.

9 Aug

4

Viatris shares fell 6.4% after the company raised its 2026 guidance and finished a major buyback program. Raising 2026 guidance combined with completing a major buyback marks significant strategic actions that can shift investor views and company direction.

4

Viatris raises 2026 guidance while trading 11% below fair value. Raising 2026 guidance signals stronger future performance and can shift investor sentiment for Viatris.

3

Viatris obtained FDA approval for a patch yet its stock may trade below fair value. FDA patch approval adds a regulatory win with limited immediate effect on long-term trajectory.

6 Aug

4

Viatris Inc posted strong Q2 2026 growth and raised its financial guidance amid positive developments. Strong growth and raised guidance signal major positive shifts in financial trajectory and investor sentiment.

3

Viatris Inc. Q2 earnings beat expectations. Revenues rose 5%. Greater China sales jumped. Q2 earnings beat with 5% revenue growth and China sales surge signals stronger results likely to lift near-term stock performance.

3

Viatris (VTRS) Q2 earnings are compared to analyst estimates with a focus on key financial metrics. Q2 earnings versus estimates and key metrics can shift near-term investor sentiment on Viatris financial results.

3

Viatris (VTRS) exceeded Q2 earnings and revenue estimates. Q2 earnings and revenue beat offers positive signal for near-term investor sentiment and stock movement.

3

Viatris reported sales above expectations for Q2 CY2026. Better-than-expected quarterly sales can moderately lift near-term stock performance and sentiment.

3

Harrow acquires global rights to TYRVAYA nasal spray, the sole FDA-approved treatment for dry eye disease, from Viatris. Transfer of TYRVAYA rights removes a marketed asset from Viatris portfolio and future revenue.

3

Viatris Inc. released its second-quarter 2026 financial results. Quarterly earnings reports deliver financial metrics that moderately shift investor views and near-term stock movement.

4 Aug

3

Viatris Inc. prepares to release Q2 earnings with focus on expected results and potential effects on operations and investor views. Pre-earnings coverage can moderately shift short-term sentiment and stock movement for Viatris without altering core trajectory.

2 Aug

4

Viatris Inc. (VTRS) secures FDA approval for Gwyn Lo contraceptive patch. FDA approval enables launch of new contraceptive product with potential to boost Viatris revenues and market position.

29 Jul

4

Viatris receives U.S. FDA approval for Gwyn Lo, a once-weekly contraceptive patch. FDA approval of new contraceptive patch adds revenue potential and strengthens Viatris position in women's health market.

22 Jul

3

Viatris Inc. prepares to report quarterly earnings, highlighting expected revenue, EPS figures and analyst forecasts ahead of the release. Earnings preview sets near-term expectations that can move VTRS shares and sentiment but does not alter long-term fundamentals.

6 Jul

3

Viatris gains Japan approval for IgA nephropathy treatment and secures new loan financing, developments that may influence investor positioning in VTRS. Japan regulatory win plus new loan point to moderate effects on Viatris product expansion and capital structure.

5 Jul

4

Viatris secures a loan amid positive Phase 3 trial results. Positive Phase 3 results signal major drug advancement that can boost revenue and investor sentiment while the loan supports operations.

29 Jun

4

Viatris announces positive top-line results from Phase 3 study of VR-205 in Japanese adults with primary immunoglobulin A nephropathy. Positive Phase 3 data for VR-205 strengthens Viatris pipeline and revenue outlook in IgA nephropathy.

18 Jun

3

FDA seeks updated labeling for testosterone therapies from Viatris Inc. (VTRS). FDA labeling request may force Viatris product adjustments with moderate sales impact.

14 Jun

3

Viatris raises euro-denominated debt, directly altering its capital structure, leverage profile, and valuation narrative. Euro debt issuance modifies Viatris leverage ratios and valuation metrics without altering core operations or long-term trajectory.

24 May

3

FDA accepts review for Viatris fast-acting non-opioid meloxicam, triggering fresh valuation assessment of VTRS. FDA review acceptance advances a potential new non-opioid pain product toward possible approval and revenue.

21 May

3

Viatris reported Q1 earnings with revenue and EPS figures plus pipeline updates, triggering buy-sell-hold analysis on VTRS shares amid cost-cutting progress and generic-drug market pressures. Q1 earnings and outlook commentary can shift near-term investor positioning and trading volume for Viatris but rarely reset long-term fundamentals.

stockrow.com/VTRS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com