Viatris (VTRS) FCF Margin (2019 - 2026)

Viatris' (VTRS) quarterly FCF Margin came in at 9.93% in Q1 2026, down 522.0% year-on-year from 2.35% in Q1 2025, and down 40.05% quarter-over-quarter from 16.56% in Q4 2025.

Viatris (VTRS) FCF Margin (2019 - 2026) Analysis & Trends

Viatris' FCF Margin history runs 8 years deep, the most recent figure standing at 9.93% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 522.0% year-over-year to 9.93% in Q1 2026; TTM through Mar 2026 was 12.3%, a 105.0% decrease from a year earlier, with the FY2025 full-year figure at 13.55%, up 9.0% from the prior year.
  • FCF Margin declined to 9.93% in Q1 2026 per VTRS's latest filing, from 16.56% in the prior quarter.
  • Across five years, FCF Margin topped out at 25.7% in Q1 2022 and bottomed at 0.9% in Q4 2022.
  • The 5-year median for FCF Margin is 15.42% (2024), against an average of 14.49%.
  • Across the five-year window, FCF Margin soared 971 bps in 2023 and tumbled 934 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 0.9% in 2022, then surged by 1076 bps to 10.61% in 2023, then fell by 7 bps to 9.83% in 2024, then jumped by 68 bps to 16.56% in 2025, then slumped by 40 bps to 9.93% in 2026.
  • Per Business Quant, the three latest VTRS FCF Margin figures stand at 9.93% (Q1 2026), 16.56% (Q4 2025), and 17.5% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -5.22%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 12.86%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -5.35%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 46.54%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 9.93%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 17.73%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -2.77%
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn 1.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.93%
Dec 31, 2025 16.56%
Sep 30, 2025 17.50%
Jun 30, 2025 4.67%
Mar 31, 2025 15.15%
Dec 31, 2024 9.83%
Sep 30, 2024 19.98%
Jun 30, 2024 8.46%
Mar 31, 2024 15.42%
Dec 31, 2023 10.61%
Sep 30, 2023 18.79%
Jun 30, 2023 11.67%
Mar 31, 2023 24.76%
Dec 31, 2022 0.90%
Sep 30, 2022 18.81%
Jun 30, 2022 17.50%
Mar 31, 2022 25.70%
Dec 31, 2021 7.40%
Sep 30, 2021 21.34%
Jun 30, 2021 10.31%