Viatris (VTRS) Debt Ratio (2019 - 2026)

Viatris' (VTRS) quarterly Debt Ratio came in at 0.39 in Q1 2026, down 5.5% year-on-year from 0.41 in Q1 2025, and little changed quarter-over-quarter from 0.39 in Q4 2025.

Viatris (VTRS) Debt Ratio (2019 - 2026) Analysis & Trends

Viatris' Debt Ratio history runs 8 years deep, the most recent figure standing at 0.39 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 5.5% year-over-year to 0.39 in Q1 2026; TTM through Mar 2026 was 0.39, a 5.5% decrease from a year earlier, with the FY2025 full-year figure at 0.39, up 14.56% from the prior year.
  • Debt Ratio was little changed at 0.39 in Q1 2026 per VTRS's latest filing, from 0.39 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.41 in Q1 2025 and bottomed at 0.34 in Q4 2024.
  • The 5-year median for Debt Ratio is 0.38 (2024), against an average of 0.38.
  • Across the five-year window, Debt Ratio declined 12.48% in 2023 and gained 14.56% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.39 in 2022, then decreased by 1.37% to 0.38 in 2023, then retreated by 10.99% to 0.34 in 2024, then grew by 14.56% to 0.39 in 2025, then rose by 0.46% to 0.39 in 2026.
  • Per Business Quant, the three latest VTRS Debt Ratio figures stand at 0.39 (Q1 2026), 0.39 (Q4 2025), and 0.38 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - 0.26
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 0.42
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 0.60
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 0.29
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn -
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 0.39
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn -
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 0.29
10 Vireo Growth 10.53 Bn 10.38 Bn 59.30 Mn 0.21

Historic Data

Download Data
DateValue
Mar 31, 2026 0.39
Dec 31, 2025 0.39
Sep 30, 2025 0.38
Jun 30, 2025 0.38
Mar 31, 2025 0.41
Dec 31, 2024 0.34
Sep 30, 2024 0.36
Jun 30, 2024 0.36
Mar 31, 2024 0.38
Dec 31, 2023 0.38
Sep 30, 2023 0.35
Jun 30, 2023 0.35
Mar 31, 2023 0.37
Dec 31, 2022 0.39
Sep 30, 2022 0.40
Jun 30, 2022 0.39
Mar 31, 2022 0.36
Dec 31, 2021 0.39
Sep 30, 2021 0.39
Jun 30, 2021 0.38