Viatris profit margin VTRS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −2.8%
- Operating margin, 12 months
- −0.6%
- Net margin on a year earlier
- +21.8 pts
- Peer median
- 11.8%
Over the twelve months to Jun 30, 2026, Viatris kept −2.8% of its revenue as net profit, with an operating margin of −0.6% and a gross margin of 34.8%.
Five years earlier its net margin was −13.1%.
The median for 10 healthcare stocks of a similar size is 11.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −24.6% | −18.6% | 35.1% |
| FY2024 | −4.3% | 0.1% | 38.2% |
| FY2023 | 0.4% | 5.0% | 41.7% |
| FY2022 | 12.8% | 9.9% | 40.0% |
| FY2021 | −7.1% | −0.2% | 31.2% |
| FY2020 | −5.6% | −1.8% | 31.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −2.8% | +21.8 pts | −0.6% | |
| Q1 FY26 | −2.0% | +24.4 pts | 1.0% | |
| Q4 FY25 | −24.6% | −20.3 pts | −18.6% | |
| Q3 FY25 | −26.1% | −20.3 pts | −18.8% | |
| Q2 FY25 | −24.6% | −20.3 pts | −18.4% | |
| Q1 FY25 | −26.4% | −26.1 pts | −21.5% | |
| Q4 FY24 | −4.3% | −4.7 pts | 0.1% | |
| Q3 FY24 | −5.9% | −17.7 pts | −1.8% | |
| Q2 FY24 | −4.2% | −16.1 pts | −0.3% | |
| Q1 FY24 | −0.4% | −12.4 pts | 3.7% | |
| Q4 FY23 | 0.4% | −12.4 pts | 5.0% | |
| Q3 FY23 | 11.8% | +7.0 pts | 6.6% |
Against its peers
Companies in Healthcare nearest Viatris' size, closest first, today.
| Company | Profit margin |
|---|---|
| VTRSViatris | −2.8% |
| THCTenet Healthcare | 10.3% |
| STESTERIS | 13.3% |
| ZBHZimmer Biomet | 9.5% |
| MEDPMedpace | 17.7% |
| INCYIncyte | 27.7% |
| RVTYRevvity | 8.2% |
| UTHRUnited Therapeutics | 41.6% |
| LHLabcorp | 7.0% |
| DGXQuest Diagnostics | 9.2% |
| EXELExelixis | 35.3% |
| Peer median | 11.8% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Viatris
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.