VTRS vs RDY Stock Comparison

Viatris and Dr Reddys Laboratories Prices as of Oct 26, 2026 Peers: Industry group
VTRS Viatris Inc
$18.29 +2.6% 1M +76.7% 1Y
Market cap
$21.81B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
–
Generic Drugs Healthcare
6 wins

Head to Head

10 decided of 12

Viatris leads on 6 of the 12 questions below (Viatris 6, Dr Reddys Laboratories 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionVTRSRDYLeader
Larger companyMarket capitalisation $21.81B $11.45B VTRS
Cheaper on earningsLower P/E, profitable companies only -53.1x 31.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.0x 28.7x VTRS
Faster revenue growthRevenue growth, trailing twelve months +4.4% -10.5% VTRS
More profitableNet margin, trailing twelve months -2.8% 10.2% RDY
Better return on capitalReturn on invested capital -0.2% 5.6% RDY
Less leveragedLower net debt / EBITDA 4.6x 1.2x RDY
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +76.7% -5.6% VTRS
Better 5-year returnAnnualised price return, 5 years +6.9%/yr +2.3%/yr VTRS
Less volatileAnnualised volatility, 1 year 32.4% 27.6% RDY
Higher overall scoreMean of the five percentile scores vs peers 66/100 58/100 VTRS

Percentile Scorecard

VTRSRDY

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

AxisVTRSRDY
Valuation 93 #42 of 626 91 #57 of 626
Growth 47 #318 of 604 10 #546 of 604
Profitability 81 #106 of 555 83 #95 of 555
Financial Health 23 #510 of 658 44 #371 of 658
Shareholder Returns 87 #49 of 368 64 #135 of 368
Overall 66 58
  • VTRS ranked among 673 companies in Pharmaceuticals and Biotechnology
  • RDY ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodVTRSRDYSPY
1 month +2.6%+12.2% -0.8%
3 months +3.7%+16.9% +3.5%
6 months +23.5%-1.5% +7.0%
Year to date +46.9%-2.0% +12.2%
1 year +76.7%-5.6% +13.0%
3 years +108.6%+5.8% +86.3%
3 years, per year +27.8%+1.9% +23.1%
5 years +39.6%+12.2% +68.6%
5 years, per year +6.9%+2.3% +11.0%
10 years -52.0%+41.7% +258.0%
10 years, per year -7.1%+3.5% +13.6%

Risk

MeasureVTRSRDYSPY
Volatility, 1Y 32.4%27.6% 12.7%
Downside volatility, 1Y 29.6%30.5% 12.7%
Beta vs S&P 500, 1Y 0.700.28 1.00
Return / volatility, 1Y 2.37-0.20 1.02
Max drawdown, 5Y -52.9%-32.3% -25.4%
From 52-week high -2.0%-10.5% -1.8%
52-week high $18.66$15.38 $779.14
52-week low $10.11$11.40 $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.

MultipleVTRSRDY
P/E now vs peer median -51.8xmedian 17.1x 31.5xmedian 17.1x
P/S now vs peer median 1.4xmedian 8.8x 3.2xmedian 8.8x
EV/EBITDA now vs peer median 12.3xmedian 17.1x 22.9xmedian 17.1x
P/FCF now vs peer median 10.7xmedian 18.0x 822.9xmedian 18.0x
P/B now vs peer median 1.5xmedian 2.1x 2.8xmedian 2.1x
PEG now vs peer median 1.69median 0.31 -1.48median 0.31

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 monthsVTRSRDY
Revenue $14.74B $3.56B
Gross profit $5.13B $1.76B
Operating income -$87.30M $347.04M
Net income -$410.70M $299.19M
Free cash flow $1.95B $13.96M
R&D $1.02B $244.48M
EPS (diluted) $-0.35 $0.44
Cash & equivalents $886.50M $138.41M
Total debt $13.35B $752.59M
Shares (diluted) 1.16B 833.33M
Enterprise value $16.82B $10.79B

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
MetricVTRSRDY
P/E -51.8x 31.5x
P/FCF 10.7x 822.9x
P/Operating cash flow 9.0x 33.8x
P/S 1.4x 3.2x
P/B 1.5x 2.8x
P/Tangible book 36.0x 3.9x
EV/EBITDA 12.3x 22.9x
EV/EBIT -383.4x 34.9x
EV/Revenue 2.3x 3.4x
EV/FCF 17.1x 866.9x
EV/Operating cash flow 14.4x 35.6x
PEG (3Y EPS CAGR) 1.69 -1.48

Growth

14 metrics
MetricVTRSRDY
Revenue growth (1Y) 4.4% -10.5%
Revenue CAGR (3Y) -1.9% 3.2%
Gross profit growth (1Y) -0.7% -21.5%
Gross profit CAGR (3Y) -6.0% -2.3%
Operating income growth (1Y) 96.6% -58.2%
Operating income CAGR (3Y) -27.6% -24.1%
Net income growth (1Y) 88.2% -55.9%
Net income CAGR (3Y) -30.5% -21.5%
EPS growth (1Y) 88.1% -54.1%
EPS CAGR (3Y) -30.6% -21.3%
Operating cash flow growth (1Y) 12.9% -39.6%
Operating cash flow CAGR (3Y) -3.0% -27.1%
Free cash flow growth (1Y) 11.6% -98.4%
Free cash flow CAGR (3Y) -3.6% -73.6%

Profitability

14 metrics
MetricVTRSRDY
Gross margin 34.8% 49.5%
EBITDA margin 18.4% 14.9%
Operating margin -0.6% 9.7%
Pretax margin -4.5% 10.7%
Net margin -2.8% 10.2%
FCF margin 13.3% 0.4%
Operating cash flow margin 15.8% 9.5%
Return on equity -2.8% 7.4%
Return on assets -1.1% 5.0%
Return on invested capital -0.2% 5.6%
Return on capital employed -0.3% 7.9%
Asset turnover 0.4x 0.6x
Cash conversion (OCF / net income) -5.7x 1.1x
Stock comp / revenue 1.2% 0.1%

Financial Health

11 metrics
MetricVTRSRDY
Debt / assets 38.1% 12.6%
Debt / equity 0.9x 0.2x
Net debt / EBITDA 4.6x 1.2x
Debt / FCF 6.8x 53.9x
Liabilities / assets 59.3% 32.2%
Equity / assets 40.7% 67.8%
Interest coverage -0.2x 7.2x
Current ratio 1.6x 1.9x
Quick ratio 0.7x 0.7x
Cash ratio 0.1x 0.1x
Altman Z-score 1.13 5.54

Shareholder Returns

7 metrics
MetricVTRSRDY
Dividend yield 2.6% 0.6%
Net buyback yield 1.4% -0.1%
Shareholder yield 4.1% 0.5%
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.

ConsensusVTRSRDY
Forward P/E 7.0xFY2026 28.7xFY2026
EPS, next fiscal year $2.62FY2026 $0.48FY2026
EPS growth, next FY +11.5%FY2026 -11.1%FY2026
EPS growth, the year after -1.5% +20.8%
Revenue, next fiscal year $15.31BFY2026 $3.82BFY2026
Revenue growth, next FY +7.0%FY2026 +8.7%FY2026
Revenue growth, the year after -4.8% +3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersVTRSRDY
Held by institutions 89.9% 15.1%
Institutions holding 1,028 238
Change in shares held, QoQ +5.6% +4.3%
Institutions buying 486 107
Institutions selling 318 97
Buyers to sellers 1.53 1.10

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.

VTRSRDY
VTRS 1.00 0.27
RDY 0.27 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, VTRS and RDY?

Viatris (VTRS) is the largest by market capitalisation: Viatris (VTRS) $21.81B, Dr Reddys Laboratories (RDY) $11.45B.

Which company is growing faster?

Viatris (VTRS) grew revenue fastest over the trailing twelve months: Viatris (VTRS) +4.4%, Dr Reddys Laboratories (RDY) -10.5%.

Which company is more profitable?

Dr Reddys Laboratories (RDY) has the highest net margin (Viatris (VTRS) -2.8%, Dr Reddys Laboratories (RDY) 10.2%). On return on invested capital, Dr Reddys Laboratories (RDY) leads (Viatris (VTRS) -0.2%, Dr Reddys Laboratories (RDY) 5.6%).

Which stock has performed better?

Over the past year Viatris (VTRS) returned the most: Viatris (VTRS) +76.7%, Dr Reddys Laboratories (RDY) -5.6%. Over five years, Viatris (VTRS) compounded fastest (Viatris (VTRS) +6.9%/yr, Dr Reddys Laboratories (RDY) +2.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Viatris (VTRS) 32.4%, Dr Reddys Laboratories (RDY) 27.6%). Volatility measures how widely the price swings, not the risk of the business.

Do VTRS and RDY move together?

Their daily returns over the past year have a correlation of 0.27, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, VTRS and RDY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Viatris (VTRS) 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.