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VTRS · Viatris Inc · Financials

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$18.64 +0.38 (+2.08%)
Market Cap
$21.27B
Shares
1.15B
Volume · Oct 20 14.27M Avg daily vol (3M) 9.39M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$14.3B -3%
FY2025 Revenue FY2018–FY2025
Net Income
-$3.51B -454.2%
FY2025 Net Income FY2018–FY2025
Gross Margin
35.06% -3.1pp
FY2025 Gross Margin FY2018–FY2025
Operating Margin
-18.62% -18.7pp
FY2025 Operating Margin FY2018–FY2025
Diluted EPS
-$3.00 -466%
FY2025 Diluted EPS FY2018–FY2025
Operating Cash Flow
$2.32B +0.6%
FY2025 Operating Cash Flow FY2018–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
$100M – $150M $14.74B $14.3B $14.74BG $15.43BG $16.26BG $17.89B $11.95BG $11.5B $11.43B
— $9.6B $9.29B $9.12B $8.99B $9.77B $12.31B $8.15B $7.6B $7.43B
— $5.13B $5.01B $5.62B $6.44B $6.5B $5.58B $3.8B $3.9B $4B
— — 35.06% 38.15% 41.74% 39.95% 31.17% 31.78% 33.89% 35%
— $1.02B $965.9M $808.7M $805.2M $662.2M $751.1M $555.1M $639.9M $704.5M
— $3.98B $3.79B $4.1B $4.07B $4.18B $4.53B $3.34B $2.56B $2.44B
— $2.35B $2.35B $2.35B $2.32B $2.5B $2.7B $1.61B $1.58B $1.61B
— $2.8B $2.8B $2.89B $2.74B $3.03B $4.51B $2.22B $2.02B $2.11B
— — — — — — $50.5M $50.5M $104.6M —
— $5.22B $7.68B $5.61B $5.67B $4.88B $5.61B $4.01B $3.18B $3.1B
— -$87.3M -$2.66B $10.1M $766.2M $1.61B -$34M -$210.8M $715.5M $905.6M
— — -18.62% 0.07% 4.97% 9.93% -0.19% -1.76% 6.22% 7.92%
— $2.72B $135.2M $2.9B $3.51B $4.64B $4.47B $2.01B $2.73B $3.02B
— $480M $471.3M $550M $573.1M $592.4M $636.2M $497.8M $517.3M $542.3M
— -$94.9M -$530.6M -$83.3M $9.8M $1.79B $5.8M -$12.6M -$43.8M -$64.9M
— — — — $0 $0 -$61.9M -$48.4M -$62.1M -$78.7M
— -$662.2M -$3.67B -$623.2M $202.9M $2.81B -$664.4M -$721.2M $154.4M $298.4M
— -$251.5M -$150.1M $11M $148.2M $734.6M $604.7M -$51.3M $137.6M -$54.1M
— — -$3.51B -$634.2M $54.7M $2.08B -$1.27B -$669.9M $16.8M $352.5M
— — -24.58% -4.3% 0.35% 12.78% -7.1% -5.61% 0.15% 3.08%
USD/shares — -$0.40 -$3.00 -$0.53 $0.05 $1.71 -$1.05 -$1.11 $0.03 $0.69
USD/shares $2.45 – $2.59* -$0.40 -$3.00G -$0.53G $0.05 $1.71 -$1.05 -$1.11 $0.03 $0.68
shares — — — — 1.2B 1.21B 1.21B 601.2M 515.7M 514.5M
shares — — — — 1.21B 1.22B 1.21B 601.2M 516.5M 516.5M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2018–FY2025: $1.43B in buybacks.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current debt and lease obligations 2026-06-30 USD 1,736,200,000 10-Q filed 2026-08-06
Current operating lease liabilities 2026-06-30 USD 115,300,000 10-Q filed 2026-08-06
Current portion of long-term debt 2026-06-30 USD 1,738,900,000 10-Q filed 2026-08-06
Noncurrent debt carrying amount 2026-06-30 USD 11,612,400,000 10-Q filed 2026-08-06
Noncurrent operating lease liabilities 2026-06-30 USD 159,800,000 10-Q filed 2026-08-06
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

4.250% Senior Notes due 2033

Note · Viatris Inc.

Reference: 4.250% Senior Notes due 2033

Active
Original principal
EUR 650,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Jun 17, 2033

Last reported interest terms: 4.25% Reported 2026-06-18 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-06-17 Original principal EUR 650,000,000 Exact source document Parent 8-K filing · 2026-06-18
    On June 17, 2026, Viatris Inc. (“Viatris” or the “Company”) completed a public offering of €650,000,000 aggregate principal amount of its 4.250% Senior Notes due 2033 (the “Notes”). The Notes are senior unsecured obligations of Viatris. The Notes are guaranteed on a senior unsecured basis by Mylan Inc., Mylan II B.V. and Utah Acquisition Sub Inc. (the “Guarantors”).
    Issuer evidence: On June 17, 2026, Viatris Inc. (“Viatris” or the “Company”) completed a public offering of €650,000,000 aggregate principal amount of its 4.250% Senior Notes due 2033 (the “Notes”). The Notes are senior unsecured obligations of Viatris. The Notes are guaranteed on a senior unsecured basis by Mylan Inc., Mylan II B.V. and Utah Acquisition Sub Inc. (the “Guarantors”).
    Supporting evidence: The Notes were issued pursuant to an Indenture (the “Base Indenture”), dated June 17, 2026, among the Company, the Guarantors and The Bank of New York Mellon, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), dated June 17, 2026, among the Company, the Guarantors and the Trustee (which includes the form of Notes as an exhibit). The offering of the Notes was registered on a Registration Statement on Form S-3 (File No. 333-287087). The Notes will accrue interest at a rate of 4.250% per annum, accruing from June 17, 2026, payable annually beginning June 17, 2027, and will mature on June 17, 2033, subject to earlier repurchase or redemption in accordance with the terms of the Indenture.
    Supporting evidence: On June 17, 2026, Viatris Inc. (“Viatris” or the “Company”) completed a public offering of €650,000,000 aggregate principal amount of its 4.250% Senior Notes due 2033 (the “Notes”).
  2. Issuance · 2026-06-12 Original principal EUR 650,000,000 Exact source document Parent 8-K filing · 2026-06-15
    On June 12, 2026, Viatris Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the several underwriters named in Schedule I thereto, for whom BNP PARIBAS, Citigroup Global Markets Limited and Goldman Sachs & Co. LLC are acting as representatives, to issue and sell (the “Offering”) €650,000,000 principal amount of its 4.250% Senior Notes due 2033 (the “Notes”). The Notes are being offered pursuant to a Registration Statement on Form S-3 (File No. 333-287087), which became effective upon filing, and a Prospectus Supplement dated June 12, 2026, to a Prospectus dated May 8, 2025. The Offering is expected to close on June 17, 2026, subject to customary closing conditions.
    Issuer evidence: On June 12, 2026, Viatris Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the several underwriters named in Schedule I thereto, for whom BNP PARIBAS, Citigroup Global Markets Limited and Goldman Sachs & Co. LLC are acting as representatives, to issue and sell (the “Offering”) €650,000,000 principal amount of its 4.250% Senior Notes due 2033 (the “Notes”).
    Supporting evidence: On June 12, 2026, Viatris Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the several underwriters named in Schedule I thereto, for whom BNP PARIBAS, Citigroup Global Markets Limited and Goldman Sachs & Co. LLC are acting as representatives, to issue and sell (the “Offering”) €650,000,000 principal amount of its 4.250% Senior Notes due 2033 (the “Notes”).
    Supporting evidence: On June 12, 2026, Viatris Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the several underwriters named in Schedule I thereto, for whom BNP PARIBAS, Citigroup Global Markets Limited and Goldman Sachs & Co. LLC are acting as representatives, to issue and sell (the “Offering”) €650,000,000 principal amount of its 4.250% Senior Notes due 2033 (the “Notes”).

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
2.29×
Peer median 3.54×
EV/EBIT
—
Peer median 18.16×
P/E (TTM)
—
Peer median 21.98×
EV/Adj. EBITDA (TTM)
7.67×
Peer median 12.67×

Peer medians compare against the 18 similar-size Drug Manufacturers - Specialty & Generic companies (of 101 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Developed Markets Segment $8,552,100,000 $8,961,400,000 $9,278,000,000 $9,790,700,000 $10,428,700,000 $8,510,900,000 $8,240,000,000 $8,289,100,000
Greater China Segment $2,332,500,000 $2,167,800,000 $2,160,400,000 $2,201,200,000 $2,212,800,000 $259,900,000 $214,600,000 $168,100,000
Emerging Markets Segment $2,217,600,000 $2,260,400,000 $2,562,900,000 $2,637,000,000 $3,144,700,000 $1,853,800,000 $1,723,200,000 $1,678,700,000
Japan Australia and New Zealand Segment $1,197,700,000 $1,349,700,000 $1,425,600,000 $1,633,800,000 $2,027,400,000 $1,195,300,000 $1,192,500,000 $1,132,800,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
United States $3,006,700,000 $3,434,700,000 $3,551,800,000 $3,946,600,000 $4,176,400,000 $3,746,100,000 $3,965,900,000 $3,865,200,000
China $2,079,800,000 $1,911,300,000 $1,889,000,000 $1,951,300,000 $1,981,500,000 $216,100,000 $171,100,000 —
France — — — — — $1,070,800,000 $1,047,600,000 $1,092,700,000
India — — — — — $1,155,400,000 $1,171,100,000 $1,164,800,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Brands $9,184,000,000 $9,200,300,000 $9,800,500,000 $9,889,600,000 $10,841,300,000 $5,234,900,000 $5,362,100,000 $5,523,700,000
Generics $5,066,400,000 $5,492,500,000 $5,587,900,000 $6,328,500,000 $6,972,300,000 $5,289,500,000 $4,796,900,000 $5,222,400,000
Lipitor $1,549,300,000 $1,468,800,000 $1,559,300,000 $1,635,200,000 $1,663,200,000 — — —
Norvasc $709,900,000 $673,300,000 $732,400,000 $775,100,000 $824,700,000 — — —
Lyrica $487,000,000 $495,400,000 $556,500,000 $623,800,000 $728,500,000 — — —
EpiPen Auto Injectors $469,700,000 $392,000,000 $442,200,000 $378,000,000 $391,700,000 — — —
Viagra $408,200,000 $395,600,000 $428,800,000 $458,900,000 $533,800,000 — — —
Creon $365,800,000 $328,200,000 $304,900,000 $304,000,000 $309,800,000 — — —
Celebrex $272,900,000 $285,600,000 $330,600,000 $338,100,000 $344,400,000 — — —
Yupelri $266,900,000 $238,500,000 $220,800,000 $202,100,000 $161,900,000 — — —
Effexor $257,700,000 $252,900,000 $262,900,000 $279,600,000 $316,800,000 — — —
Zoloft $254,900,000 $235,700,000 $235,700,000 $246,200,000 $284,300,000 — — —
Influvac $194,400,000 $178,700,000 $192,400,000 $225,500,000 $299,300,000 — — —
Dymista $163,600,000 $188,000,000 $200,000,000 $179,800,000 $168,000,000 — — —
Xalabrands $158,400,000 $166,400,000 $193,200,000 $195,100,000 $226,000,000 — — —
Amitiza $158,100,000 $149,200,000 $157,000,000 $167,900,000 $201,500,000 — — —
Xanax $139,900,000 $145,000,000 $154,800,000 $156,500,000 $185,900,000 — — —
Product And Service Other — — — — — $126,100,000 $130,200,000 $165,200,000
Product — — $15,388,400,000 $16,218,100,000 $17,813,600,000 $11,819,900,000 $11,370,300,000 —
Complex GX and Biosimilars — — — $1,313,400,000 $1,342,100,000 $1,295,500,000 $1,211,300,000 $522,600,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Developed Markets Segment $4,086,500,000 $4,878,100,000 $5,143,100,000 $4,243,900,000 $4,137,300,000 $4,270,100,000
Greater China Segment $1,426,800,000 $1,512,500,000 $1,397,100,000 $52,700,000 $89,900,000 $71,900,000
Emerging Markets Segment $1,091,900,000 $1,207,100,000 $1,402,400,000 $610,400,000 $561,900,000 $647,400,000
Japan Australia and New Zealand Segment $522,900,000 $665,500,000 $762,400,000 $364,600,000 $323,200,000 $363,100,000

Operating Margin by Segment (%)

Component FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Developed Markets Segment 44% 49.8% 49.3% 49.9% 50.2% 51.5%
Greater China Segment 66% 68.7% 63.1% 20.3% 41.9% 42.8%
Emerging Markets Segment 42.6% 45.8% 44.6% 32.9% 32.6% 38.6%
Japan Australia and New Zealand Segment 36.7% 40.7% 37.6% 30.5% 27.1% 32.1%
Key facts CIK 1792044 CUSIP 92556V106 13F (30d) 160 filings 142 filers Visit website Investor relations