Viatris Inc. VTRS
- Market cap
- $20.0B
- P/E
- 0.0×
Follow VTRS
Target Price Range
Analyst price targets
Free account| 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
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| 54.44 | 45.87 | 47.82 | 32.23 | 23.11 | 18.77 | 15.60 | 12.40 | 13.62 | 12.62 |
High Price
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| 35,000 | 35,000 | 35,000 | 35,000 | 45,000 | 37,000 | 37,000 | 38,000 | 32,000 | 30,000 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 11,077 | 11,908 | 11,434 | 11,501 | 11,946 | 17,886 | 16,263 | 15,427 | 14,739 | 14,300 |
Revenue
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| 42.40% | 40.17% | 35.00% | 33.89% | 31.78% | 31.17% | 39.95% | 41.74% | 38.15% | 35.06% |
Gross Margin
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| 122 | 903 | 298 | 154 | (721) | (664) | 2,813 | 203 | (623) | (3,665) |
EBT
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| 1.10% | 7.58% | 2.61% | 1.34% | (6.04%) | (3.71%) | 17.30% | 1.32% | (4.23%) | (25.63%) |
EBT Margin
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| 480 | 696 | 353 | 17 | (670) | (1,269) | 2,079 | 55 | (634) | (3,515) |
Net Income
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| 1,523 | 1,806 | 2,110 | 2,019 | 2,216 | 4,507 | 3,028 | 3,321 | 3,214 | 5,735 |
Depreciation
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| 21.59 | 22.28 | 22.22 | 22.30 | 19.87 | 14.80 | 13.42 | 12.85 | 12.35 | 12.21 |
Revenue/Sh
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| 0.94 | 1.30 | 0.69 | 0.03 | (1.11) | (1.05) | 1.71 | 0.05 | (0.53) | (3.00) |
Earnings/Sh
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| 3.99 | 3.86 | 4.55 | 3.50 | 2.05 | 2.50 | 2.47 | 2.42 | 1.93 | 1.98 |
Cash Flow/Sh
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| (1.46) | (1.51) | (2.27) | (0.73) | (1.13) | (0.41) | (0.35) | (0.08) | 1.81 | (0.32) |
Capex/Sh
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| 2.53 | 2.35 | 2.28 | 2.76 | 0.92 | 2.09 | 2.12 | 2.34 | 3.74 | 1.66 |
Free CF/Sh
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| 21.67 | 24.90 | 23.65 | 23.04 | 38.18 | 16.95 | 17.39 | 17.05 | 15.62 | 12.57 |
Book Value/Sh
|
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| 513 | 535 | 515 | 516 | 601 | 1,209 | 1,212 | 1,200 | 1,193 | 1,171 |
Shares
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| 42.98 | 32.91 | 40.29 | 670.00 | 0.00 | 0.00 | 6.66 | 227.80 | 0.00 | 0.00 |
PE Ratio
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| 1.81 | 1.94 | 1.23 | 0.90 | 0.94 | 0.91 | 0.85 | 0.89 | 1.01 | 1.02 |
PS Ratio
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| 1.80 | 1.73 | 1.16 | 0.87 | 0.49 | 0.80 | 0.65 | 0.67 | 0.80 | 0.99 |
PB Ratio
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| 3.25 | 3.25 | 2.41 | 2.05 | 3.24 | 2.17 | 1.96 | 2.00 | 2.04 | 1.93 |
EV/Sales
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| 27.74 | 30.83 | 23.46 | 16.53 | 70.10 | 15.34 | 12.38 | 10.99 | 6.74 | 14.27 |
EV/FCF
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| 2,047 | 2,065 | 2,342 | 1,804 | 1,232 | 3,017 | 2,999 | 2,900 | 2,303 | 2,316 |
Op' Cash Flow
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| (751) | (809) | (1,166) | (378) | (679) | (491) | (429) | (96) | 2,163 | (377) |
Capex
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| 1,297 | 1,255 | 1,175 | 1,426 | 553 | 2,526 | 2,570 | 2,804 | 4,466 | 1,939 |
FCF
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| 2,482 | 828 | 1,780 | 1,188 | 2,305 | 1,019 | 3,889 | 5,199 | 3,741 | 2,695 |
Working Cap'
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| 16,898 | 15,956 | 13,863 | 13,683 | 28,322 | 23,088 | 19,274 | 18,132 | 15,986 | 16,429 |
Total Debt
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| 15,899 | 15,664 | 13,475 | 13,208 | 27,477 | 22,386 | 18,014 | 17,140 | 15,252 | 15,106 |
Net Debt
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| 11,118 | 13,308 | 12,167 | 11,884 | 22,954 | 20,493 | 21,072 | 20,467 | 18,636 | 14,711 |
Sh' Equity
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| 1.68% | 1.97% | 1.03% | 0.05% | (1.44%) | (2.18%) | 3.96% | 0.11% | (1.42%) | (8.93%) |
ROA
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| 1.62% | 3.10% | 2.21% | 1.78% | (0.26%) | (0.05%) | 2.58% | 1.27% | 0.02% | (5.58%) |
ROIC
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| 4.60% | 5.70% | 2.77% | 0.14% | (3.85%) | (5.84%) | 10.00% | 0.26% | (3.24%) | (21.08%) |
ROE
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Viatris Inc. peers in Drug Manufacturers Specialty & Generic
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| UTHR United Therapeutics Corporation | $20.3B | 15.7× | Compare |
| NBIX Neurocrine Biosciences, Inc. | $14.1B | 19.6× | Compare |
| ZTS Zoetis Inc. | $29.2B | 11.7× | Compare |
| ELAN Elanco Animal Health Incorporated | $11.2B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| RDY Dr. Reddy's Laboratories Ltd | $10.0B | 30.8× | Compare |
| HLN Haleon PLC Sponsored ADR | $40.3B | 20.6× | Compare |
| TEVA Teva Pharmaceutical Industries Ltd. | $46.9B | 62.2× | Compare |
| HIMS Hims & Hers Health, Inc. | $6.9B | 0.0× | Compare |
VTRS metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
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.
Viatris Inc. (VTRS) Latest News
25 Sep
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
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
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
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.
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
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
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
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
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
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.
Viatris raises 2026 guidance while trading 11% below fair value. Raising 2026 guidance signals stronger future performance and can shift investor sentiment for Viatris.
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
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.
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.
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.
Viatris (VTRS) exceeded Q2 earnings and revenue estimates. Q2 earnings and revenue beat offers positive signal for near-term investor sentiment and stock movement.
Viatris reported sales above expectations for Q2 CY2026. Better-than-expected quarterly sales can moderately lift near-term stock performance and sentiment.
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.
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
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
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
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
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
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
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
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
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
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
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
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.