Viatris (VTRS) Debt to Equity (2019 - 2026)

Viatris (VTRS) recorded quarterly Debt to Equity of $0.98 in Q1 2026, little changed quarter-over-quarter from $0.98 in Q4 2025, and down 3.38% on a YoY basis from $1.01 in Q1 2025.

Viatris (VTRS) Debt to Equity (2019 - 2026) Analysis & Trends

Viatris' Debt to Equity history runs 8 years deep, the most recent figure standing at $0.98 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 3.38% year-over-year to $0.98; the TTM figure through Mar 2026 stood at $0.98 (down 3.38% YoY), while the FY2025 annual figure was $0.98, up 29.95% from the prior year.
  • Debt to Equity was $0.98 for Q1 2026 at Viatris, roughly flat from $0.98 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.05 in Q1 2022 to a low of $0.75 in Q4 2024.
  • Historically, Debt to Equity has averaged $0.92 across 5 years, with a median of $0.91 in 2022.
  • The sharpest annual moves came in 2023 and 2025: Debt to Equity retreated 16.44% in 2023, then advanced 29.95% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.91 in 2022, then dropped by 3.15% to $0.89 in 2023, then declined by 14.87% to $0.75 in 2024, then gained by 29.95% to $0.98 in 2025, then slipped by 0.09% to $0.98 in 2026.
  • The last three Debt to Equity figures came in at $0.98 (Q1 2026), $0.98 (Q4 2025), and $0.95 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 2.02
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 2.80
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.61
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.86
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.47
10 Viatris - - 1.16 Bn 0.98

Historic Data

Download Data
DateValue
Mar 31, 2026 0.98
Dec 31, 2025 0.98
Sep 30, 2025 0.95
Jun 30, 2025 0.93
Mar 31, 2025 1.01
Dec 31, 2024 0.75
Sep 30, 2024 0.81
Jun 30, 2024 0.84
Mar 31, 2024 0.90
Dec 31, 2023 0.89
Sep 30, 2023 0.88
Jun 30, 2023 0.89
Mar 31, 2023 0.87
Dec 31, 2022 0.91
Sep 30, 2022 1.02
Jun 30, 2022 1.02
Mar 31, 2022 1.05
Dec 31, 2021 1.05
Sep 30, 2021 1.02
Jun 30, 2021 1.05