Viatris (VTRS) Free Cash Flow (2019 - 2026)
Viatris (VTRS) posted Free Cash Flow of $329 million for Q2 2026, up 97.2% from $166.8 million a year earlier but down 5.6% from the prior quarter.
Viatris (VTRS) Free Cash Flow (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Viatris was $1.95 billion, up 11.6% year-over-year; for FY2025, it was $1.94 billion, down 2.0% from FY2024.
- Annual Free Cash Flow has declined for three consecutive years, though with a five-year compound annual growth rate of 14.4% (FY2020 to FY2025).
- In prior years, Viatris' Free Cash Flow was $1.98 billion in FY2024 (-21.6%), $2.52 billion in FY2023 (-2.7%), $2.59 billion in FY2022 (+1.3%) and $2.56 billion in FY2021 (+158.9%).
- Quarterly Free Cash Flow has run from a low of $35.3 million in Q4 2022 to a high of $1.07 billion in Q1 2022 over five years.
- On a year-over-year basis, Free Cash Flow increased in three of the last eight quarters, with growth averaging 7.8%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q2 2026, with growth of 97.2%; the weakest was Q4 2022, with a decline of 89.2%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $348.4 million (Q1 2026), $619.3 million (Q4 2025) and $658.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 8.22 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 6.36 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 7.31 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 5.52 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 7.96 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 3.65 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 4.80 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 4.80 Bn |
| 10 | Viatris | 23.90 Bn | 17.07 Bn | 1.44 Bn | 813.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 813.70 Mn |
| Jun 30, 2026 | 329.00 Mn |
| Mar 31, 2026 | 348.40 Mn |
| Dec 31, 2025 | 619.30 Mn |
| Sep 30, 2025 | 658.10 Mn |
| Jun 30, 2025 | 166.80 Mn |
| Mar 31, 2025 | 492.90 Mn |
| Dec 31, 2024 | 342.30 Mn |
| Sep 30, 2024 | 749.50 Mn |
| Jun 30, 2024 | 320.30 Mn |
| Mar 31, 2024 | 564.80 Mn |
| Dec 31, 2023 | 403.00 Mn |
| Sep 30, 2023 | 739.30 Mn |
| Jun 30, 2023 | 457.30 Mn |
| Mar 31, 2023 | 923.40 Mn |
| Dec 31, 2022 | 35.30 Mn |
| Sep 30, 2022 | 765.10 Mn |
| Jun 30, 2022 | 718.60 Mn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 325.70 Mn |
Viatris Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=VTRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "VTRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=VTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();