Viatris Inc (VTRS)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	54,700	2,078,600	-1,269,100	-669,900	0
Revenue	US$ in thousands	15,426,900	16,262,700	17,886,300	11,946,000	11,500,500
Net profit margin		0.35%	12.78%	-7.10%	-5.61%	0.00%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $54,700K ÷ $15,426,900K
= 0.35%

The net profit margin of Viatris Inc has shown fluctuating trends over the past five years. In 2023, the net profit margin was 0.35%, representing a substantial decrease compared to the previous year where it was 12.78%. The significant drop in the net profit margin from 2022 to 2023 may indicate challenges in controlling costs or generating sufficient revenues to sustain profitability.

Looking back at 2021, the net profit margin was negative at -7.10%, reflecting that the company incurred more expenses than it generated in revenue during that period. Additionally, in 2020, the net profit margin was also negative at -5.61%, suggesting ongoing financial difficulties.

In 2019, the company reported a modest net profit margin of 0.15%, indicating a relatively slim profit margin compared to other years in the table.

Overall, Viatris Inc's net profit margin has been inconsistent, showing periods of profitability and loss. It may be essential for the company to assess its cost structure, revenue streams, and overall business performance to improve its net profit margin and ensure sustainable profitability in the future.