Viatris (VTRS) Invested Capital (2018 - 2026)

Viatris (VTRS) recorded quarterly Invested Capital of $15.7 billion in Q1 2026, down 3.39% quarter-over-quarter from $16.2 billion in Q4 2025, and down 8.72% on a YoY basis from $17.1 billion in Q1 2025.

Viatris (VTRS) Invested Capital (2018 - 2026) Analysis & Trends

Viatris' Invested Capital history runs 9 years deep, the most recent figure standing at $15.7 billion for Q1 2026.

  • In Q1 2026, Invested Capital fell 8.72% year-over-year to $15.7 billion; the TTM figure through Mar 2026 stood at $15.7 billion (down 8.72% YoY), while the FY2025 annual figure was $16.2 billion, down 19.05% from the prior year.
  • Invested Capital was $15.7 billion for Q1 2026 at Viatris, down from $16.2 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $23.3 billion in Q4 2022 to a low of $15.7 billion in Q1 2026.
  • Historically, Invested Capital has averaged $20.0 billion across 5 years, with a median of $21.2 billion in 2024.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital increased 9.49% in 2022, then declined 22.82% in 2025.
  • A 5-year view of Invested Capital shows it stood at $23.3 billion in 2022, then decreased by 8.81% to $21.2 billion in 2023, then retreated by 5.71% to $20.0 billion in 2024, then declined by 19.05% to $16.2 billion in 2025, then dropped by 3.39% to $15.7 billion in 2026.
  • The last three Invested Capital figures came in at $15.7 billion (Q1 2026), $16.2 billion (Q4 2025), and $16.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Teva Pharmaceutical Industries 39.97 Bn 36.23 Bn 1.97 Bn 10.84 Bn
2 Zoetis 33.59 Bn 31.65 Bn 1.62 Bn 3.23 Bn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 5.90 Bn
4 Neurocrine Biosciences 16.10 Bn 14.78 Bn 800.70 Mn 3.41 Bn
5 Aurora Cannabis 15.56 Bn 15.47 Bn 21.72 Mn 373.23 Mn
6 Elanco Animal Health 12.04 Bn 11.61 Bn 785.00 Mn 10.24 Bn
7 Alkermes 7.36 Bn 6.84 Bn -116.06 Mn 1.78 Bn
8 Lantheus Holdings 6.74 Bn 6.24 Bn 230.92 Mn 1.79 Bn
9 Liquidia 6.27 Bn 6.04 Bn 121.79 Mn 108.58 Mn
10 Viatris - - 1.16 Bn 15.65 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.65 Bn
Dec 31, 2025 16.20 Bn
Sep 30, 2025 16.77 Bn
Jun 30, 2025 16.33 Bn
Mar 31, 2025 17.15 Bn
Dec 31, 2024 20.01 Bn
Sep 30, 2024 20.76 Bn
Jun 30, 2024 21.16 Bn
Mar 31, 2024 22.21 Bn
Dec 31, 2023 21.22 Bn
Sep 30, 2023 21.79 Bn
Jun 30, 2023 22.31 Bn
Mar 31, 2023 21.23 Bn
Dec 31, 2022 23.27 Bn
Sep 30, 2022 19.94 Bn
Jun 30, 2022 21.23 Bn
Mar 31, 2022 21.95 Bn
Dec 31, 2021 21.26 Bn
Sep 30, 2021 22.80 Bn
Jun 30, 2021 21.99 Bn