Viatris (VTRS) Net Long-Term Debt Issued (Repaid) (2019 - 2025)
Viatris (VTRS) reported Non-Current Debt of $11.61 billion for Q2 2026, down 9.2% from $12.79 billion a year earlier and down 6.5% from the prior quarter.
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Analysis
Viatris (VTRS) Net Long-Term Debt Issued (Repaid) (2019 - 2025) Analysis & Trends
At the end of FY2025, Viatris posted Non-Current Debt of $12.48 billion, down 11.1% from FY2024.
- Non-Current Debt has declined for five consecutive years, with a five-year compound annual growth rate of -11.1% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $14.04 billion in FY2024 (-13.3%), $16.19 billion in FY2023 (-10.1%), $18.02 billion in FY2022 (-8.6%) and $19.72 billion in FY2021 (-12.1%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Debt since Q3 2020.
- Year over year, Non-Current Debt has now declined in each of the last 19 quarters, with an average decline of 12.5% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q3 2021 (growth of 72.1%); the low point was Q3 2024 (a decline of 16.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $12.41 billion (Q1 2026), $12.48 billion (Q4 2025) and $12.49 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | - |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | -1.00 Mn |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 9.98 Bn |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | - |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 1.96 Bn |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | - |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | -3.05 Bn |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | -19.00 Mn |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | - |
| 10 | Viatris | 23.39 Bn | 17.59 Bn | 1.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -100,000.00 |
| Dec 31, 2024 | -1.37 Bn |
| Sep 30, 2024 | -1.54 Bn |
| Jun 30, 2024 | -801.70 Mn |
| Dec 31, 2023 | -499.80 Mn |
| Mar 31, 2023 | -750.10 Mn |
| Dec 31, 2022 | -700.50 Mn |
| Sep 30, 2022 | -94.80 Mn |
| Jun 30, 2022 | -991.60 Mn |
| Dec 31, 2021 | -600,000.00 |
| Sep 30, 2021 | -1.14 Bn |
| Jun 30, 2021 | -1.35 Bn |
| Dec 31, 2020 | -945.20 Mn |
| Jun 30, 2020 | -556.00 Mn |
| Mar 31, 2020 | 100,000.00 |
| Dec 31, 2019 | 7.40 Mn |
API Access
Viatris Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=VTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=VTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();