Viatris Inc (VTRS)
Net 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -634,200 | -883,300 | -646,500 | -56,100 | 54,700 | 1,831,500 | 1,854,200 | 1,904,100 | 2,078,600 | 803,600 | 760,800 | 167,700 | -1,269,100 | -1,921,100 | -2,046,900 | -1,728,300 | -669,900 | 266,400 | 270,500 | 62,600 |
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 |
Net profit margin | -4.31% | -5.88% | -4.25% | -0.37% | 0.35% | 11.84% | 11.88% | 12.05% | 12.78% | 4.80% | 4.43% | 0.95% | -7.10% | -11.19% | -13.12% | -12.56% | -5.61% | 2.31% | 2.35% | 0.54% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-634,200K ÷ $14,726,100K
= -4.31%
The net profit margin of Viatris Inc has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 0.54% in March 2020, increased to 2.35% by June 2020, and remained relatively stable around 2% for the following quarters. However, there was a significant decline in profitability by December 2020, with a negative net profit margin of -5.61%.
This negative trend continued into the next year, with further decreases in the net profit margin reported in March 2021, June 2021, September 2021, and December 2021. The company's net profit margin reached its lowest point at -13.12% in June 2021.
The financial performance improved in the following periods, with a positive net profit margin recorded in the first half of 2022. The net profit margin continued to increase throughout 2022, reaching a peak of 12.78% by December 2022. However, there was a slight decline in profitability in the first quarter of 2023, followed by relatively stable net profit margins around 11-12% for the rest of 2023.
By the end of 2023, the net profit margin dropped to 0.35% before turning negative again in the first half of 2024. The negative trend persisted in the subsequent quarters, with net profit margins falling to their lowest point of -5.88% by September 2024.
Overall, despite fluctuations, Viatris Inc has managed to achieve positive net profit margins for certain periods, demonstrating improvements in profitability, although challenges leading to negative margins have also been observed. It is essential for the company to focus on sustainable growth strategies and cost management to maintain and improve its profitability in the future.
Peer comparison
Dec 31, 2024