VTRS · NASDAQ · Drug Manufacturers - Specialty & Generic

Viatris (VTRS)

Markets established brands, complex generics, and newer innovative medicines worldwide.

$17.19
vs last close+0.09 (+0.50%)
Loading prices…

Viatris Inc.VTRS
Health Care

Markets established brands, generic and complex generic medicines, and a developing portfolio of innovative drugs through four geographic businesses. Revenue spans developed and emerging markets, while approvals, regulated pricing, manufacturing quality, and reliable supply shape results.

Markets branded medicines, generic and complex generic drugs, and a developing set of patent-protected products across cardiovascular, infectious disease, respiratory, central nervous system, and other therapeutic areas. Established brands such as Lipitor, Norvasc, Lyrica, Viagra, EpiPen, and Creon sit alongside higher-volume generics and complex products including inhaled and injectable therapies. Sales are managed through Developed Markets, Greater China, JANZ, and Emerging Markets.

Uses an integrated research, regulatory, manufacturing, supply-chain, and commercial platform to launch and distribute medicines in more than 165 countries and territories. Portfolio simplification divested the owned biosimilars platform, most consumer health, women's health, and Indian active-ingredient operations, while investment shifted toward limited-competition generics, value-added medicines, and innovative brands. Performance depends on drug approvals, regulated pricing and reimbursement, patent and exclusivity cycles, manufacturing compliance, and reliable global supply.

Company facts

CEOScott Andrew Smith
ListedNov 17, 2020
ExchangeNASDAQ
HeadquartersCanonsburg, PA
CountryUnited States
Employees30,000
CIK0001792044
ISINUS92556V1061

Market cap$19.91B
EPS (ttm)−$0.3600
P/E (ttm)−47.50
ROE-2.8%
P/B1.40
P/S1.35
Dividend yieldDiv yield2.81%
Beta0.73vs XLV 0.63

Price target$20.00+17.0%Average of 13 analysts
ConsensusHold8 of 13 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 9, 2026Leerink PartnersTarget
Target:
Target: $20
Sep 8, 2026Argus ResearchReiterate
Rating: Target: $15
Rating: BuyTarget: $20
May 19, 2026BarclaysReiterate
Rating: Target: $15
Rating: OverweightTarget: $22
May 8, 2026Truist FinancialTarget
Target: $16
Target: $20
Feb 9, 2026UBSTarget
Target: $12
Target: $18

Next report
Nov 5, 26
in 44 days
EPS estimate
$0.66
Revenue estimate
$3.80B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.54$0.50$0.62$0.67$0.57$0.59$0.69Pending
Estimate$0.61$0.49$0.56$0.62$0.53$0.50$0.60$0.66
Surprise−11.5%+1.6%+11.5%+7.9%+7.1%+17.5%+14.8%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$3.53B$3.25B$3.58B$3.76B$3.70B$3.52B$3.76BPending
Estimate$3.60B$3.24B$3.47B$3.62B$3.53B$3.36B$3.68B$3.80B
Surprise−2.0%+0.6%+3.3%+3.8%+4.8%+4.8%+2.2%
Estimate$0.66
ReportedDue Nov 5, 2026
Estimate$3.80B
ReportedDue Nov 5, 2026
View details

Debt to equity95.60%
Current ratio158.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.75B$3.53B$3.25B$3.58B$3.76B$3.70B$3.52B$3.76B
Net income$94.8M−$516.5M−$3.04B−$4.6M−$128.2M−$340.1M$176.4M−$118.8M
Net margin2.5%0.0%0.0%0.0%0.0%0.0%5.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$225.9M−$179.8M−$2.88B$233.0M$251.6M−$265.5M−$79.7M$6.3M
YoY growth−50.0%Loss narrowedTurned lossTurned profit+11.4%Loss widenedLoss narrowed−97.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.51B · Total debt $13.63B · Total assets $35.04B · Shareholders' equity $14.26B

Revenue
$3.76B
Operating income
$6.3M
Net income
−$118.8M
View details

Dividend yield
2.81%
Next ex-date
Nov 21, 26
estimated · in 60 days
Annual dividend
$0.48
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Dividend$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12
Annual yield3.59%5.05%5.79%4.51%4.54%3.38%2.88%2.94%
Ex-dateNov 22Mar 10May 23Aug 22Nov 24Mar 9May 22Aug 21
Payment dateDec 13Mar 18Jun 16Sep 15Dec 15Mar 18Jun 17Sep 16
View details

Institutions92.22%1.06B shares
1,062 holders · as of Jun 30, 2026
Insiders0.18%2.09M shares
19 holders · as of Aug 18, 2026
Other7.60%87.22M shares
remainder

1.15B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
8.42%96.66Mas of Jun 30, 2026
BlackRock, Inc.Institution
7.49%86.02Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.62%76.05Mas of Jun 30, 2026
Davis Selected AdvisersInstitution
6.55%75.23Mas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
5.94%68.21Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 25, 2026Paul Campbellofficer: See Remarks−50,076$16.17
Mar 23, 2026Paul Campbellofficer: See Remarks−21,350$13.28
Aug 27, 2025David S. Simmonsdirector+286$10.42
Nov 3, 2025David S. Simmonsdirector+213$10.43
View details

Compare

CompanyPriceChange
Viatris$17.19+0.50%$19.91B6.71.4+4.9%
Teva (ADR)$39.65−1.02%$46.66B66.814.12.7−0.8%
Organon$13.71+0.22%$3.59B17.83.90.6+0.5%
Dr. Reddy's Laboratories (ADR)$12.61+1.65%$10.33B29.833.63.0−15.5%
Amneal Pharmaceuticals$19.52−3.19%$6.44B41.419.62.1+9.9%
Bausch + Lomb$17.32+3.10%$6.00B17.31.1+9.1%
Median35.617.32.1+0.5%