VTRS vs ANIP vs AMRX Stock Comparison

Viatris, Ani Pharmaceuticals and Amneal Pharmaceuticals Prices as of Oct 27, 2026 Peers: Industry group
VTRS Viatris Inc
$18.72 +5.0% 1M +79.7% 1Y
Market cap
$21.50B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
2.56%
Generic Drugs Healthcare
2 wins
ANIP Ani Pharmaceuticals Inc
$71.17 -3.8% 1M -23.4% 1Y
Market cap
$1.70B
P/E
13.9x
Revenue (TTM)
$978.38M
Div. yield
–
Generic Drugs Healthcare
6 wins

Head to Head

11 decided of 12

Ani Pharmaceuticals leads on 6 of the 12 questions below (Ani Pharmaceuticals 6, Amneal Pharmaceuticals 3, Viatris 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionVTRSANIPAMRXLeader
Larger companyMarket capitalisation $21.50B $1.70B $6.85B VTRS
Cheaper on earningsLower P/E, profitable companies only -53.0x 13.9x 43.5x ANIP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.1x 7.3x 22.1x VTRS
Faster revenue growthRevenue growth, trailing twelve months +4.4% +30.9% +9.3% ANIP
More profitableNet margin, trailing twelve months -2.8% 11.0% 5.0% ANIP
Better return on capitalReturn on invested capital -0.2% 12.9% 17.4% AMRX
Less leveragedLower net debt / EBITDA 4.6x -0.2x 3.8x ANIP
Higher dividend yieldTrailing dividend yield 2.56% — — –
Better 1-year returnPrice return, last 12 months +79.7% -23.4% +109.2% AMRX
Better 5-year returnAnnualised price return, 5 years +7.0%/yr +13.0%/yr +31.5%/yr AMRX
Less volatileAnnualised volatility, 1 year 32.4% 32.0% 35.0% ANIP
Higher overall scoreMean of the five percentile scores vs peers 66/100 84/100 70/100 ANIP

Percentile Scorecard

VTRSANIPAMRX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisVTRSANIPAMRX
Valuation 93 #44 of 625 96 #24 of 625 91 #55 of 625
Growth 48 #314 of 602 97 #19 of 602 74 #157 of 602
Profitability 81 #104 of 551 90 #55 of 551 84 #88 of 551
Financial Health 23 #508 of 656 46 #358 of 656 12 #580 of 656
Shareholder Returns 85 #54 of 365 92 #32 of 365 88 #46 of 365
Overall 66 84 70
  • VTRS ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ANIP ranked among 672 companies in Pharmaceuticals and Biotechnology
  • AMRX ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodVTRSANIPAMRXSPY
1 month +5.0%-3.8%+8.4% -0.2%
3 months +4.8%-12.2%+14.3% +3.9%
6 months +26.3%-9.3%+68.4% +8.2%
Year to date +50.4%-9.8%+70.2% +12.9%
1 year +79.7%-23.4%+109.2% +12.3%
3 years +113.5%+20.9%+468.7% +87.4%
3 years, per year +28.8%+6.5%+78.6% +23.3%
5 years +40.4%+84.0%+293.4% +67.9%
5 years, per year +7.0%+13.0%+31.5% +10.9%
10 years -50.8%+8.2%— +261.1%
10 years, per year -6.8%+0.8%— +13.7%

Risk

MeasureVTRSANIPAMRXSPY
Volatility, 1Y 32.4%32.0%35.0% 12.7%
Downside volatility, 1Y 29.6%31.7%31.0% 12.7%
Beta vs S&P 500, 1Y 0.700.260.70 1.00
Return / volatility, 1Y 2.46-0.733.12 0.97
Max drawdown, 5Y -52.9%-59.4%-78.2% -25.4%
From 52-week high 0.0%-24.7%0.0% -1.2%
52-week high $18.72$94.48$21.44 $779.14
52-week low $10.11$70.16$10.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleVTRSANIPAMRX
P/E now vs peer median -53.0xmedian 17.2x 13.9xmedian 17.2x 43.5xmedian 17.2x
P/S now vs peer median 1.5xmedian 9.0x 1.7xmedian 9.0x 2.2xmedian 9.0x
EV/EBITDA now vs peer median 12.5xmedian 16.3x 6.9xmedian 16.3x 14.1xmedian 16.3x
P/FCF now vs peer median 11.0xmedian 18.7x 9.8xmedian 18.7x 82.4xmedian 18.7x
P/B now vs peer median 1.5xmedian 2.2x 2.8xmedian 2.2x 207.3xmedian 2.2x
PEG now vs peer median 1.73median 0.33 0.10median 0.33 0.18median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsVTRSANIPAMRX
Revenue $14.74B $978.38M $3.12B
Gross profit $5.13B $590.98M $1.23B
Operating income -$87.30M $150.36M $453.92M
Net income -$410.70M $108.31M $215.32M
Free cash flow $1.95B $172.99M $83.11M
R&D $1.02B $49.91M $175.57M
EPS (diluted) $-0.35 $4.93 $0.48
Cash & equivalents $886.50M $360.21M $127.64M
Total debt $13.35B $301.48M $2.67B
Shares (diluted) 1.16B 21.92M 328.10M
Enterprise value $16.51B $478.03M $6.12B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricVTRSANIPAMRX
P/E -53.0x 13.9x 43.5x
P/FCF 11.0x 9.8x 82.4x
P/Operating cash flow 9.2x 9.0x 34.1x
P/S 1.5x 1.7x 2.2x
P/B 1.5x 2.8x 207.3x
P/Tangible book 36.8x 11.5x -12.3x
EV/EBITDA 12.5x 6.9x 14.1x
EV/EBIT -389.1x 10.9x 20.7x
EV/Revenue 2.3x 1.7x 3.0x
EV/FCF 17.4x 9.5x 113.0x
EV/Operating cash flow 14.6x 8.7x 46.8x
PEG (3Y EPS CAGR) 1.73 0.10 0.18

Growth

14 metrics
MetricVTRSANIPAMRX
Revenue growth (1Y) 4.4% 30.9% 9.3%
Revenue CAGR (3Y) -1.9% 34.6% 10.5%
Gross profit growth (1Y) -0.7% 29.5% 14.1%
Gross profit CAGR (3Y) -6.0% 32.8% 14.9%
Operating income growth (1Y) 96.6% 889.9% 20.6%
Operating income CAGR (3Y) -27.6% 98.9% 32.5%
Net income growth (1Y) 88.2% 1,161% 426.4%
Net income CAGR (3Y) -30.5% 184.4% 139.1%
EPS growth (1Y) 88.1% 945.2% 4,481%
EPS CAGR (3Y) -30.6% 146.4% 237.0%
Operating cash flow growth (1Y) 12.9% 36.2% -42.8%
Operating cash flow CAGR (3Y) -3.0% 66.2% 0.4%
Free cash flow growth (1Y) 11.6% 37.9% -69.3%
Free cash flow CAGR (3Y) -3.6% 77.7% -17.3%

Profitability

14 metrics
MetricVTRSANIPAMRX
Gross margin 34.8% 60.4% 39.3%
EBITDA margin 18.4% 24.3% 21.3%
Operating margin -0.6% 15.4% 14.6%
Pretax margin -4.5% 14.6% 6.5%
Net margin -2.8% 11.0% 5.0%
FCF margin 13.3% 17.7% 2.7%
Operating cash flow margin 15.8% 19.4% 6.4%
Return on equity -2.8% 18.7% –
Return on assets -1.1% 7.4% 5.9%
Return on invested capital -0.2% 12.9% 17.4%
Return on capital employed -0.3% 12.8% 16.4%
Asset turnover 0.4x 0.7x 0.9x
Cash conversion (OCF / net income) -5.7x 1.7x 0.9x
Stock comp / revenue 1.2% 4.2% 1.1%

Financial Health

11 metrics
MetricVTRSANIPAMRX
Debt / assets 38.1% 20.2% 70.7%
Debt / equity 0.9x 0.5x 80.9x
Net debt / EBITDA 4.6x -0.2x 3.8x
Debt / FCF 6.8x 1.7x 32.1x
Liabilities / assets 59.3% 60.0% 99.1%
Equity / assets 40.7% 40.0% 0.9%
Interest coverage -0.2x – –
Current ratio 1.6x 2.9x 2.2x
Quick ratio 0.7x 2.2x 1.3x
Cash ratio 0.1x 1.3x 0.1x
Altman Z-score 1.15 2.59 2.50

Shareholder Returns

7 metrics
MetricVTRSANIPAMRX
Dividend yield 2.6% – –
Net buyback yield 1.4% 0.6% 0.0%
Shareholder yield 4.0% 0.6% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusVTRSANIPAMRX
Forward P/E 7.1xFY2026 7.3xFY2026 22.1xFY2026
EPS, next fiscal year $2.62FY2026 $9.81FY2026 $0.97FY2026
EPS growth, next FY +11.5%FY2026 +24.3%FY2026 +16.9%FY2026
EPS growth, the year after -1.5% -2.3% +26.8%
Revenue, next fiscal year $15.31BFY2026 $1.15BFY2026 $3.24BFY2026
Revenue growth, next FY +7.0%FY2026 +29.9%FY2026 +7.4%FY2026
Revenue growth, the year after -4.8% +9.7% +12.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersVTRSANIPAMRX
Held by institutions 89.9% 96.0% 51.0%
Institutions holding 1,028 306 310
Change in shares held, QoQ +5.6% -1.8% +1.3%
Institutions buying 486 172 182
Institutions selling 318 88 86
Buyers to sellers 1.53 1.95 2.12

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

VTRSANIPAMRX
VTRS 1.00 0.20 0.43
ANIP 0.20 1.00 0.41
AMRX 0.43 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, VTRS, ANIP and AMRX?

Viatris (VTRS) is the largest by market capitalisation: Viatris (VTRS) $21.50B, Ani Pharmaceuticals (ANIP) $1.70B, Amneal Pharmaceuticals (AMRX) $6.85B.

Which stock is cheaper, VTRS, ANIP and AMRX?

Ani Pharmaceuticals (ANIP) trades on the lowest price-to-earnings ratio (Viatris (VTRS) -53.0x, Ani Pharmaceuticals (ANIP) 13.9x, Amneal Pharmaceuticals (AMRX) 43.5x). On next year's consensus earnings, Viatris (VTRS) is cheapest (Viatris (VTRS) 7.1x, Ani Pharmaceuticals (ANIP) 7.3x, Amneal Pharmaceuticals (AMRX) 22.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ani Pharmaceuticals (ANIP) grew revenue fastest over the trailing twelve months: Viatris (VTRS) +4.4%, Ani Pharmaceuticals (ANIP) +30.9%, Amneal Pharmaceuticals (AMRX) +9.3%.

Which company is more profitable?

Ani Pharmaceuticals (ANIP) has the highest net margin (Viatris (VTRS) -2.8%, Ani Pharmaceuticals (ANIP) 11.0%, Amneal Pharmaceuticals (AMRX) 5.0%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Viatris (VTRS) -0.2%, Ani Pharmaceuticals (ANIP) 12.9%, Amneal Pharmaceuticals (AMRX) 17.4%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Viatris (VTRS) +79.7%, Ani Pharmaceuticals (ANIP) -23.4%, Amneal Pharmaceuticals (AMRX) +109.2%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Viatris (VTRS) +7.0%/yr, Ani Pharmaceuticals (ANIP) +13.0%/yr, Amneal Pharmaceuticals (AMRX) +31.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Viatris (VTRS) 2.56%. Ani Pharmaceuticals (ANIP) and Amneal Pharmaceuticals (AMRX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ani Pharmaceuticals (ANIP) has been the steadiest (Viatris (VTRS) 32.4%, Ani Pharmaceuticals (ANIP) 32.0%, Amneal Pharmaceuticals (AMRX) 35.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, VTRS, ANIP and AMRX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ani Pharmaceuticals (ANIP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.