Viatris (VTRS) Return on Invested Capital [ROIC] (2020 - 2026)
Viatris (VTRS) recorded Return on Invested Capital [ROIC] of -0.19% in Q2 2026, up 7.85 percentage points from -8.04% a year earlier but down 0.37 percentage points from the prior quarter.
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Analysis
Viatris (VTRS) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2025, Viatris reported Return on Invested Capital [ROIC] of -8.26%, down 8.29 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, with a five-year change of -7.73 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 0.03% in FY2024 (-0.49 pp), 0.52% in FY2023 (-2.32 pp), 2.84% in FY2022 (+2.92 pp) and -0.07% in FY2021 (+0.46 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -9.50% in Q1 2025 to 3.08% in Q2 2022 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in two of the last eight quarters, with an average year-over-year change of -2.44 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 9.68 percentage points in Q1 2026, against a drop of 9.50 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.17% (Q1 2026), -8.69% (Q4 2025) and -8.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 16.10% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 21.95% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 28.83% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 14.33% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 13.44% |
| 10 | Viatris | 20.22 Bn | 15.23 Bn | 1.46 Bn | -0.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.19% |
| Mar 31, 2026 | 0.17% |
| Dec 31, 2025 | -8.69% |
| Sep 30, 2025 | -8.52% |
| Jun 30, 2025 | -8.04% |
| Mar 31, 2025 | -9.50% |
| Dec 31, 2024 | 0.03% |
| Sep 30, 2024 | -0.68% |
| Jun 30, 2024 | -0.10% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.53% |
| Sep 30, 2023 | 1.88% |
| Jun 30, 2023 | 2.07% |
| Mar 31, 2023 | 2.38% |
| Dec 31, 2022 | 3.00% |
| Sep 30, 2022 | 3.06% |
| Jun 30, 2022 | 3.08% |
| Mar 31, 2022 | 1.20% |
| Dec 31, 2021 | -0.08% |
| Sep 30, 2021 | -1.86% |
API Access
Viatris Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=VTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=VTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();