Viatris (VTRS) Net Margin (2020 - 2026)
Viatris' Net Margin was -3.16% in Q2 2026, down 3.03 percentage points from -0.13% a year earlier and down 8.18 percentage points from the prior quarter.
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Analysis
Viatris (VTRS) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Viatris' Net Margin was -2.79% through Jun 30, 2026, up 21.78 percentage points year-over-year; for FY2025, it was -24.58%, down 20.28 percentage points from FY2024.
- Net Margin has now declined for three consecutive years, with a five-year change of -18.97 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -4.30% in FY2024 (-4.66 pp), 0.35% in FY2023 (-12.43 pp), 12.78% in FY2022 (+19.88 pp) and -7.10% in FY2021 (-1.49 pp).
- Quarterly Net Margin has moved between -93.48% (Q1 2025) and 26.09% (Q4 2022) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2026 (a gain of 98.49 percentage points); the worst was Q1 2025 (a drop of 96.59 percentage points).
- Per Business Quant data, VTRS's Net Margin in the three quarters before Q2 2026 was 5.02% (Q1 2026), -9.18% (Q4 2025) and -3.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 19.55% |
| 10 | Viatris | 23.39 Bn | 17.59 Bn | 1.44 Bn | -8.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -8.68% |
| Jun 30, 2026 | -3.16% |
| Mar 31, 2026 | 5.02% |
| Dec 31, 2025 | -9.18% |
| Sep 30, 2025 | -3.41% |
| Jun 30, 2025 | -0.13% |
| Mar 31, 2025 | -93.48% |
| Dec 31, 2024 | -14.64% |
| Sep 30, 2024 | 2.53% |
| Jun 30, 2024 | -8.60% |
| Mar 31, 2024 | 3.11% |
| Dec 31, 2023 | -19.95% |
| Sep 30, 2023 | 8.41% |
| Jun 30, 2023 | 6.74% |
| Mar 31, 2023 | 6.03% |
| Dec 31, 2022 | 26.09% |
| Sep 30, 2022 | 8.69% |
| Jun 30, 2022 | 7.62% |
| Mar 31, 2022 | 9.52% |
| Dec 31, 2021 | -6.08% |
API Access
Viatris Net Margin 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=net-margin&ticker=VTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=VTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();