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 | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 30.89% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.52% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 23.11% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 12.34% |
| 10 | Viatris | 23.90 Bn | 17.07 Bn | 1.44 Bn | -0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.02% |
| Jun 30, 2026 | -0.19% |
| Mar 31, 2026 | 0.17% |
| Dec 31, 2025 | -8.68% |
| Sep 30, 2025 | -8.52% |
| Jun 30, 2025 | -8.04% |
| Mar 31, 2025 | -9.50% |
| Dec 31, 2024 | 0.03% |
| Sep 30, 2024 | -0.67% |
| Jun 30, 2024 | -0.10% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.52% |
| Sep 30, 2023 | 1.82% |
| Jun 30, 2023 | 2.02% |
| Mar 31, 2023 | 2.33% |
| Dec 31, 2022 | 2.93% |
| Sep 30, 2022 | 3.01% |
| Jun 30, 2022 | 3.05% |
| Mar 31, 2022 | 1.18% |
| Dec 31, 2021 | -0.07% |
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();