Viatris Inc (VTRS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,671,300 | 6,066,900 | 6,299,000 | 6,414,500 | 6,452,700 | 6,116,200 | 6,267,100 | 6,424,800 | 6,716,900 | 6,989,200 | 7,188,100 | 7,405,900 | 7,432,300 | 7,039,500 | 6,258,600 | 5,405,100 | 4,572,300 | 4,506,100 | 4,403,300 | 4,405,700 |
| Revenue (ttm) | US$ in thousands | 14,726,100 | 15,022,500 | 15,226,400 | 15,348,400 | 15,414,100 | 15,465,600 | 15,601,900 | 15,800,100 | 16,262,700 | 16,728,300 | 17,186,700 | 17,647,700 | 17,886,300 | 17,168,200 | 15,603,700 | 13,757,100 | 11,946,000 | 11,514,300 | 11,503,900 | 11,624,200 |
| Gross profit margin | 38.51% | 40.39% | 41.37% | 41.79% | 41.86% | 39.55% | 40.17% | 40.66% | 41.30% | 41.78% | 41.82% | 41.97% | 41.55% | 41.00% | 40.11% | 39.29% | 38.27% | 39.13% | 38.28% | 37.90% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,671,300K ÷ $14,726,100K
= 38.51%
The gross profit margin of Viatris Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 37.90% in March 2020 and gradually increased to a peak of 41.97% in March 2022. Subsequently, there was a slight decline before stabilizing around the 41% range for the next few quarters.
The company experienced a significant increase in gross profit margin in the initial years of the period under review, which may indicate improved efficiency in production or pricing strategies. However, the margin started to decrease towards the end of the period, dropping to 38.51% by December 31, 2024.
Overall, the gross profit margin of Viatris Inc has exhibited both growth and moderation, reflecting the company's ability to manage its production costs and generate profits from its sales during the period. Further analysis would be required to determine the specific factors driving these changes in the gross profit margin.
Peer comparison
Dec 31, 2024