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VTRS · NasdaqGS

Viatris Inc.

Drug Manufacturers - Specialty & Generic · United States

USD 17.900.4% daily changeQuote 2026-09-28 · USD
Market cap (USD)
US$20.56B
Trailing P/E
—
Forward P/E
6.70x
Quarterly revenue growth
4.9%
Trailing net margin
-2.8%
Indicated dividend yield
2.7%

Snapshot 2026-09-28 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

Viatris Inc., together with its subsidiaries, operates as a healthcare company in North America, Europe, China, Taiwan, Hong Kong, Japan, Australia, New Zealand, rest of Asia, Africa, Latin America, and the Middle East. It operates in four segments: Developed Markets, Greater China, JANZ, and Emerging Markets. The company offers prescription brand drugs, generic drugs, complex generic drugs, and biosimilars. It also provides drugs in various therapeutic areas covering various noncommunicable and infectious diseases, including cardiovascular, CNS and anesthesia, dermatology, diabetes and metabolism, eye care, gastroenterology, immunology, oncology, and respiratory and allergy, as well as support services, such as diagnostic clinics, educational seminars, and digital tools to help patients better manage their health. In addition, the company offers medicines in the form of oral solid doses, injectables, and complex dosage forms to retail and pharmacy establishments, wholesalers and distributors, payers, insurers and governments, and institutions. It distributes its products through pharmaceutical wholesalers/distributors, pharmaceutical retailers, institutional pharmacies, mail-order and e-commerce pharmacies, and specialty pharmacies under the Lyrica, Lipitor, Celebrex, Viagra, Creon, Influvac, Wixela Inhub, EpiPen Auto-Injector, Fraxiparine, Yupelri, Norvasc, Amitiza, Effexor, Lipacreon, Zoloft, Xalabrands, Dymista, Xanax, and Breyna brands. The company has collaboration agreements with Mapi Pharma Ltd. to develop and commercialize long-acting glatiramer acetate depot products and additional products; Revance Therapeutics, Inc. to develop, manufacture, and commercialize a biosimilar to the branded biologic product, BOTOX; and Theravance Biopharma, Inc. to develop and commercialize revefenacin. Viatris Inc. was founded in 1961 and is headquartered in Canonsburg, Pennsylvania.

Company website

Q2 2026

Go beyond the headline.

Viatris Stock (VTRS) Q2 2026 Earnings: One Region Did 89% Of The Growth

Published 2026-08-09

Comparable businesses

VTRS peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricVTRSViatris Inc.Snapshot 2026-09-28Financial period: 2026-06-30UTHRUnited Therapeutics CorporationSnapshot 2026-09-28Financial period: 2026-06-30ZTSZoetis Inc.Snapshot 2026-09-28Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$20.56BUS$20.59BUS$29.33BUS$24.96Bn=2
Forward P/EProvider forward earnings estimate6.70x15.99x10.86x13.42xn=2
EV / EBITDAEnterprise value / trailing EBITDA7.59x11.85x9.09x10.47xn=2
Revenue growthLatest quarter vs prior-year quarter4.9%-1.9%-0.2%-1.1%n=2
Operating marginLatest reported quarter12.6%42.2%40.7%41.5%n=2
Free cash flow yieldTrailing cash flow / market cap13.0%2.7%6.9%4.8%n=2
Net debt / EBITDANet debt / trailing EBITDA2.82x-1.78x1.86x0.04xn=2
Debt / equityTotal debt / positive book equity0.96x———
Trailing P/ETrailing twelve-month earnings—17.20x11.58x14.39xn=2
Price / bookPrice / positive book equity per share1.42x3.20x——
EV / salesEnterprise value / trailing revenue2.21x5.62x3.88x4.75xn=2
Earnings growthLatest quarter vs prior-year quarter—13.4%1.2%7.3%n=2
Gross marginTrailing twelve months40.3%86.1%71.7%78.9%n=2
Net marginTrailing twelve months-2.8%41.6%27.7%34.6%n=2
Return on equityProvider trailing return; positive equity only-2.8%19.3%——
Free cash flow marginTrailing free cash flow / revenue18.2%17.7%21.2%19.4%n=2
Dividend yieldIndicated annual dividend / price2.7%—3.0%—
Earnings payoutProvider trailing dividend payout960.0%0.0%33.6%16.8%n=2
Current ratioCurrent assets / current liabilities1.58x5.73x3.08x4.41xn=2
BetaProvider historical market sensitivity0.880.560.730.64n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Valuation & price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-28. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for VTRS

All available reporting periods
Q2 20262026-08-09

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.